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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities    
Net income $ 128,045 $ 120,387
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 250,734 222,269
Distributions of income from joint ventures 5,954 5,573
Equity in income of joint ventures [1] (5,954) (5,644)
Share-based compensation 12,183 12,337
Settlement of forward interest rate swaps (20,430) 0
Net change in operating accounts and other 37,903 21,028
Net cash from operating activities 408,435 375,950
Cash flows from investing activities    
Development and capital improvements, including land (300,661) (272,340)
Acquisition of operating properties (214,233) (290,005)
Proceeds from sale of land 0 11,296
Increase in non-real estate assets (13,793) (12,436)
Decrease (increase) in Notes Receivables (27) 9,475
Other (770) 2,219
Net cash from investing activities (529,484) (551,791)
Cash flows from financing activities    
Borrowings on unsecured credit facility and other short-term borrowings 1,167,000 62,000
Repayments on unsecured credit facility and other short-term borrowings (1,167,000) (8,000)
Repayment of notes payable (440,103) (1,072)
Proceeds from notes payable 593,409 0
Distributions to common shareholders and non-controlling interests (236,489) (223,029)
Proceeds from issuance of common shares 328,374 0
Payment of deferred financing costs (6,009) (752)
Payments to Noncontrolling Interests 0 (14,668)
Other 1,189 2,147
Net cash from financing activities 240,371 (183,374)
Net increase (decrease) in cash, cash equivalents, and restricted cash 119,322 (359,215)
Cash, cash equivalents, and restricted cash, beginning of year 43,603 377,805
Cash, cash equivalents, and restricted cash, end of period 162,925 18,590
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents [Abstract]    
Total cash, cash equivalents, and restricted cash 43,603 377,805
Supplemental information    
Cash paid for interest, net of interest capitalized 49,793 58,597
Cash paid for income taxes 1,209 1,954
Supplemental schedule of noncash investing and financing activities    
Distributions declared but not paid 80,764 74,976
Value of shares issued under benefit plans, net of cancellations 18,388 17,841
Accrual associated with construction and capital expenditures 18,474 26,207
Right-of-use assets obtained in exchange for the use of new operating lease liabilities $ 15,666 $ 0
[1]
Equity in income excludes our ownership interest of fee income from various services provided by us to the Funds.