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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities    
Net income $ 614,037 $ 94,517
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 429,749 304,189
Gain on sale of operating property (36,372) 0
Gain on acquisition of unconsolidated joint venture interests (474,146)  
Distributions of income from joint ventures 3,015 6,553
Equity in income of joint ventures [1] (3,048) (6,652)
Share-based compensation 9,676 12,148
Net change in operating accounts and other 33,619 25,267
Net cash from operating activities 576,530 436,022
Cash flows from investing activities    
Development and capital improvements, including land (342,532) (279,698)
Acquisition of operating properties, including joint venture interests, net of cash acquired (1,066,051) (464,000)
Proceeds from sale of operating property 70,536 0
Increase in non-real estate assets (3,948) (4,685)
Other (6,083) (7,371)
Net cash from investing activities (1,348,078) (755,754)
Cash flows from financing activities    
Borrowings on unsecured credit facility 640,000 0
Repayments on unsecured credit facility (640,000) 0
Proceeds from issuance of common shares 516,758 579,518
Distributions to common shareholders and non-controlling interests (293,231) (255,120)
Payment of deferred financing costs (10,165) (1,037)
Other 7,623 5,385
Net cash from financing activities 220,985 328,746
Net increase/(decrease) in cash, cash equivalents, and restricted cash (550,563) 9,014
Cash, cash equivalents, and restricted cash, beginning of period 618,980 424,533
Cash, cash equivalents, and restricted cash, end of period 68,417 433,547
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents [Abstract]    
Cash and cash equivalents 62,027 428,226
Restricted cash 6,390 5,321
Total cash, cash equivalents, and restricted cash 68,417 433,547
Supplemental information    
Cash paid for interest, net of interest capitalized 73,158 64,794
Cash paid for income taxes 3,090 2,221
Supplemental schedule of noncash investing and financing activities    
Distributions declared but not paid 103,620 87,919
Value of shares issued under benefit plans, net of cancellations 21,650 18,858
Accrual associated with construction and capital expenditures 23,277 25,137
Mortgage debt assumed 514,554 0
Other liabilities 39,168 0
Conversion of Stock, Name [Domain]    
Supplemental schedule of noncash investing and financing activities    
Conversion of operating partnership units to common shares 0 5,936
Conversion of operating partnership units to common shares $ 0 $ 5,936
[1] Equity in income excludes our ownership interest of fee income from various services provided by us to the Funds.