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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Net cash provided by operating activities: $ 116,920 $ 112,509
Cash flows from investing activities:    
Acquisition of real estate, including intangible assets (27,197) (197,926)
Investment in real estate under construction (65,102) (62,290)
Capital expenditures (1,256) (5,343)
Net proceeds from sale of properties 131,985 78,857
Principal payments received on loans receivable 141 1,130
Investment in loan receivable 0 (9,857)
Investments in non-consolidated entities (25,005) (10,005)
Distributions from non-consolidated entities in excess of accumulated earnings 7,061 896
Increase in deferred leasing costs (4,707) (3,176)
Change in restricted cash (2,130) 1,507
Real estate deposits, net (68) (5,944)
Net cash provided by (used in) investing activities 13,722 (212,151)
Cash flows from financing activities:    
Dividends to common and preferred shareholders (82,229) (82,192)
Principal amortization payments (12,499) (20,138)
Principal payments on debt, excluding normal amortization (58,942) (106,956)
Retirement of convertible notes (672) 0
Change in revolving credit facility borrowings, net (54,000) 93,000
Payment of developer liabilities (3,851) 0
Change in deferred financing costs (2,176) (2,695)
Proceeds of mortgages and notes payable 57,500 80,843
Cash distributions to noncontrolling interests (1,739) (1,871)
Issuance of common shares, net 3,466 12,956
Repurchase of common shares (8,973) 0
Net cash used in financing activities (164,115) (27,053)
Change in cash and cash equivalents (33,473) (126,695)
Cash and cash equivalents, at beginning of period 93,249 191,077
Cash and cash equivalents, at end of period 59,776 64,382
LCIF [Member]    
Net cash provided by operating activities: 25,866 17,241
Cash flows from investing activities:    
Investment in real estate under construction (14,936) (9,111)
Capital expenditures (570) (3,310)
Net proceeds from sale of properties 69,038 0
Investment in loan receivable 0 (318)
Investments in non-consolidated entities 0 (1,650)
Distributions from non-consolidated entities in excess of accumulated earnings 285 171
Increase in deferred leasing costs (505) (840)
Change in restricted cash (460) 956
Net cash provided by (used in) investing activities 52,852 (14,102)
Cash flows from financing activities:    
Distributions to partners (33,707) (7,245)
Principal amortization payments (735) (750)
Principal payments on debt, excluding normal amortization (23,934) (28,627)
Co-borrower debt payment (15,000) 0
Change in deferred financing costs (79) (632)
Proceeds of mortgages and notes payable 0 29,193
Related party note payment 0 (8,250)
Related party advances, net 33 14,361
Net cash used in financing activities (73,422) (1,950)
Change in cash and cash equivalents 5,296 1,189
Cash and cash equivalents, at beginning of period 19,130 8,328
Cash and cash equivalents, at end of period $ 24,426 $ 9,517