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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities      
Net income $ 661,508 $ 312,376 $ 128,579
Adjustments to reconcile net income to net cash from operating activities:      
Depreciation and amortization 577,020 420,692 367,162
Loss on early retirement of debt 0 0 176
Gain on sale of operating properties, including land (36,372) (174,384) (382)
Gain on acquisition of unconsolidated joint venture interests (474,146) 0 0
Distributions of income from joint ventures 3,015 9,645 8,389
Equity in income of joint ventures (3,048) (9,777) (8,052)
Share-based compensation 12,822 15,397 13,942
Net change in operating accounts and other 3,913 3,518 9,505
Net cash from operating activities 744,712 577,467 519,319
Cash flows from investing activities      
Development and capital improvements, including land (449,431) (428,714) (427,247)
Acquisition of operating properties, including joint venture interests, net of cash acquired (1,066,051) (629,959) 0
Proceeds from sales of operating properties, including land 70,536 254,717 753
Increase in non-real estate assets (4,407) (4,032) (7,498)
Other (6,831) 3,597 4,390
Net cash from investing activities (1,456,184) (804,391) (429,602)
Cash flows from financing activities      
Proceeds from issuance of common shares 516,758 759,209 0
Distributions to common shareholders and non-controlling interests (396,822) (343,039) (333,360)
Borrowings on unsecured revolving credit facility 758,000 0 358,000
Repayments on unsecured revolving credit facility (716,000) 0 (402,000)
Repayment of notes payable, including prepayment penalties (350,000) 0 (100,000)
Proceeds from notes payable 300,000 0 782,823
Payment of deferred financing costs (10,948) (1,346) (1,308)
Other 8,942 6,547 3,162
Net cash from financing activities 109,930 421,371 307,317
Net increase (decrease) in cash, cash equivalents, and restricted cash (601,542) 194,447 397,034
Cash, cash equivalents, and restricted cash, beginning of year 618,980 424,533 27,499
Cash, cash equivalents, and restricted cash, end of year 17,438 618,980 424,533
Reconciliation of cash, cash equivalents, and restricted cash to the Consolidated Balance Sheets [Abstract]      
Cash and cash equivalents 10,687 613,391 420,441
Restricted cash 6,751 5,589 4,092
Total cash, cash equivalents, and restricted cash 17,438 618,980 424,533
Supplemental information      
Cash paid for interest, net of interest capitalized 111,069 97,301 90,297
Cash paid for income taxes 3,216 2,181 2,292
Supplemental schedule of noncash investing and financing activities      
Distributions declared but not paid 103,628 88,786 84,147
Value of shares issued under benefit plans, net of cancellations 21,526 18,627 19,560
Accrual associated with construction and capital expenditures 20,151 24,313 29,611
Mortgage debt assumed 514,554 0 0
Other liabilities 39,168 0 0
Right-of-use assets obtained in exchange for the use of new operating lease liabilities $ 0 $ 0 $ 676