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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Dec. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES          
Net income (loss) $ 8,840 $ (2,597) $ 6,539 $ (9,027)  
Adjustments to reconcile net income (loss) to net cash provided by operating activities:          
Depreciation and amortization     92,807 86,755  
Distributions of operating income from unconsolidated affiliates     8,654 12,906  
Equity in earnings and gains of unconsolidated affiliates (1,299) (376) (7,129) (7,079)  
Stock compensation expense     7,361 8,332  
Amortization of financing costs     5,769 4,350  
Impairment charge 321   1,721    
Gain on disposition of properties (12,056) (5,107) (14,070) (5,140)  
Deferred gain on tax credits     (5,034)    
Other, net     (7,804) (6,331)  
Changes in assets and liabilities:          
Other liabilities     (6,071) (61)  
Prepaid expenses and other assets     10,271 (4,860)  
Rents receivable     870 (7,452)  
Accounts payable and accrued expenses     1,303 (5,210)  
Net cash provided by operating activities     95,187 67,183  
CASH FLOWS FROM INVESTING ACTIVITIES          
Acquisition of real estate     (256,647) (104,902)  
Development, construction and property improvement costs     (77,636) (66,238)  
Issuance of or advances on notes receivable       (3,002)  
Proceeds from the disposition of properties, net     80,120 52,759  
Investments in and advances to unconsolidated affiliates and other     (154,256) (3,481)  
Return of capital from unconsolidated affiliates and other     38,359 23,777  
Proceeds from notes receivable     15,250 26,000  
Return of deposits for properties under contract     1,060 1,750  
Payment of deferred leasing costs     (5,874) (2,981)  
Net cash used in investing activities     (359,624) (76,318)  
CASH FLOWS FROM FINANCING ACTIVITIES          
Principal payments on mortgage and other notes     (166,865) (69,050)  
Principal payments on unsecured debt     (352,195) (578,600)  
Proceeds received on mortgage and other notes     183,556 122,332  
Proceeds from unsecured debt     444,575 578,800  
Payments for repurchase of Common Shares       (55,057)  
Payments of finance lease obligations     (2,125)    
Proceeds from the sale of Common Stock, net     135,750    
Capital contributions from noncontrolling interests     161,628 46,990  
Distributions to noncontrolling interests     (39,917) (29,731)  
Dividends paid to Common Shareholders     (69,641) (66,869)  
Deferred financing and other costs     (4,170) (3,316)  
Net cash provided by (used in) financing activities     290,596 (54,501)  
Increase (decrease) in cash and restricted cash     26,159 (63,636)  
Cash of $21,268 and $74,823 and restricted cash of $13,580 and $10,846, respectively, beginning of period     34,848 85,669 $ 85,669
Cash of $48,140 and $9,525 and restricted cash of $12,867 and $12,508, respectively, end of period $ 61,007 $ 22,033 61,007 22,033 $ 34,848
Supplemental disclosure of cash flow information          
Cash paid during the period for interest, net of capitalized interest of $8,430 and $4,366 respectively     53,586 45,251  
Cash paid for income taxes, net of refunds     730 1,227  
Supplemental disclosure of non-cash investing and financing activities          
Assumption of accounts payable and accrued expenses through acquisition of real estate     3,697 1,014  
Right-of-use assets, finance leases obtained in exchange for finance lease liabilities     16,349    
Right-of-use assets, finance leases obtained in exchange for assets under capital lease     76,965    
Right-of-use assets, operating leases obtained in exchange for operating lease liabilities     57,165    
Capital lease obligation exchanged for finance lease liability     71,111    
Other liabilities exchanged for operating lease liabilities     946    
Assumption of debt through investments in unconsolidated affiliates     4,688    
Acquisition of undivided interest in a property through conversion of notes receivable       $ 22,201  
Debt exchanged for deferred gain on tax credits     (5,262)    
Other assets exchanged for deferred gain on tax credits     $ 228