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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Statement of Cash Flows [Abstract]    
Net cash provided by operating activities: $ 57,400 $ 45,665
Cash flows from investing activities:    
Acquisition of real estate, including intangible assets (50,778) (195,560)
Investment in real estate under construction (29,988) (4,820)
Capital expenditures (1,303) (2,383)
Net proceeds from sale of properties 56,509 22,380
Investments in non-consolidated entities (553) (1,080)
Distributions from non-consolidated entities in excess of accumulated earnings 2,743 1,293
Deferred leasing costs (2,232) (3,774)
Change in real estate deposits, net 686 727
Net cash used in investing activities (24,916) (183,217)
Cash flows from financing activities:    
Dividends to common and preferred shareholders (33,453) (29,477)
Principal amortization payments (4,760) (5,848)
Revolving credit facility borrowings 0 130,000
Cash contributions from noncontrolling interests 2,223 421
Cash distributions to noncontrolling interests (374) (396)
Repurchases to settle tax obligations (5,120) (2,623)
Issuance of common shares, net (246) 17,265
Repurchase of common shares 0 (11,042)
Net cash provided by (used in) financing activities (41,730) 98,300
Change in cash, cash equivalents and restricted cash (9,246) (39,252)
Cash, cash equivalents and restricted cash, at beginning of period 179,421 129,310
Cash, cash equivalents and restricted cash, at end of period 170,175 90,058
Reconciliation of cash, cash equivalents and restricted cash:    
Cash and cash equivalents at beginning of period 178,795 122,666
Restricted cash at beginning of period 626 6,644
Cash and cash equivalents at end of period 142,074 83,525
Restricted cash at end of period $ 28,101 $ 6,533