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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Cash Flows From Operating Activities    
Net income $ 43,035 $ 12,847
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 38,838 37,560
Amortization of deferred financing costs 1,359 1,368
Gains on sales of real estate assets, net (15,434) (6,176)
Other, net 691 665
Equity in income of unconsolidated entities, net (6,941) (555)
Distributions of earnings of unconsolidated entities 1,802 1,080
Deferred compensation 63 48
Stock-based compensation 1,427 1,278
Net loss on extinguishment of indebtedness 301  
Changes in assets, decrease in:    
Other assets (1,774) (450)
Changes in liabilities, increase (decrease) in:    
Accrued interest payable 104 (50)
Accounts payable and accrued expenses 4,798 1,065
Security deposits and prepaid rents (251) (251)
Net cash provided by operating activities 68,018 48,429
Cash Flows From Investing Activities    
Construction and acquisition of real estate assets (64,959) (36,965)
Proceeds from sales of real estate assets 39,981 32,765
Capitalized interest (3,000) (1,006)
Property capital expenditures (12,313) (10,812)
Corporate additions and improvements (445) (486)
Distributions from unconsolidated entities 7,016  
Note receivable collections and other investments 760 434
Net cash used in investing activities (32,960) (16,070)
Cash Flows From Financing Activities    
Lines of credit proceeds 94,899 24,523
Lines of credit repayments (229,899) (24,523)
Proceeds from indebtedness 230,000  
Payments on indebtedness (97,861) (1,371)
Payments of financing costs and other (5,152) (3,972)
Proceeds from sales of common stock 18,625 38,233
Proceeds from employee stock purchase and stock options plans 18,365 13,785
Redemption of preferred stock   (49,633)
Distributions to noncontrolling interests - real estate entities (118) (133)
Distributions to noncontrolling interests - common unitholders (67) (68)
Dividends paid to preferred shareholders (1,844) (2,611)
Dividends paid to common shareholders (23,462) (19,723)
Net cash provided by (used in) financing activities 3,486 (25,493)
Net increase in cash and cash equivalents 38,544 6,866
Cash and cash equivalents, beginning of period 13,084 22,089
Cash and cash equivalents, end of period 51,628 28,955
Post Apartment Homes, L.P. [Member]
   
Cash Flows From Operating Activities    
Net income 43,035 12,847
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 38,838 37,560
Amortization of deferred financing costs 1,359 1,368
Gains on sales of real estate assets, net (15,434) (6,176)
Other, net 691 665
Equity in income of unconsolidated entities, net (6,941) (555)
Distributions of earnings of unconsolidated entities 1,802 1,080
Deferred compensation 63 48
Stock-based compensation 1,427 1,278
Net loss on extinguishment of indebtedness 301  
Changes in assets, decrease in:    
Other assets (1,774) (450)
Changes in liabilities, increase (decrease) in:    
Accrued interest payable 104 (50)
Accounts payable and accrued expenses 4,798 1,065
Security deposits and prepaid rents (251) (251)
Net cash provided by operating activities 68,018 48,429
Cash Flows From Investing Activities    
Construction and acquisition of real estate assets (64,959) (36,965)
Proceeds from sales of real estate assets 39,981 32,765
Capitalized interest (3,000) (1,006)
Property capital expenditures (12,313) (10,812)
Corporate additions and improvements (445) (486)
Distributions from unconsolidated entities 7,016  
Note receivable collections and other investments 760 434
Net cash used in investing activities (32,960) (16,070)
Cash Flows From Financing Activities    
Lines of credit proceeds 94,899 24,523
Lines of credit repayments (229,899) (24,523)
Proceeds from indebtedness 230,000  
Payments on indebtedness (97,861) (1,371)
Payments of financing costs and other (5,152) (3,972)
Proceeds from employee stock purchase and stock options plans 36,990 52,018
Redemption of preferred stock   (49,633)
Distributions to noncontrolling interests - real estate entities (118) (133)
Distributions to noncontrolling interests - common unitholders (67) (68)
Dividends paid to preferred shareholders (1,844) (2,611)
Dividends paid to common shareholders (23,462) (19,723)
Net cash provided by (used in) financing activities 3,486 (25,493)
Net increase in cash and cash equivalents 38,544 6,866
Cash and cash equivalents, beginning of period 13,084 22,089
Cash and cash equivalents, end of period $ 51,628 $ 28,955