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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Document Fiscal Year Focus 2015    
Adjustments to reconcile net income to net cash provided by operating activities:      
Equity in income of investments in real estate partnerships (note 4) $ (22,508) $ (31,270) $ (31,718)
Cash flows from investing activities:      
Payments for Deposits on Real Estate Acquisitions 2,300    
Proceeds from sale of real estate investments 108,822 118,787 212,632
Cash flows from financing activities:      
Proceeds from Issuance of Common Stock 12,843 103,821  
Parent Company [Member]      
Cash flows from operating activities:      
Net income 152,543 188,847 151,285
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 146,829 147,791 134,454
Amortization of deferred loan cost and debt premium 9,677 10,521 12,339
Amortization and (accretion) of above and below market lease intangibles, net (1,598) (3,101) (2,488)
Stock-based compensation, net of capitalization 11,081 9,662 12,191
Equity in income of investments in real estate partnerships (note 4) (22,508) (31,270) (31,718)
Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain 0 18,271 0
Gain Loss On Sale Of Properties Including Discontinued Operations (35,606) (55,077) (59,656)
Provision for impairment 0 1,257 6,000
Early extinguishment of debt 8,239 18 32
Proceeds from Equity Method Investment, Dividends or Distributions 46,646 42,767 45,377
Loss on settlement of derivative instruments (7,267) 4,648 0
Gain on derivative instruments 0 (13) (19)
Deferred compensation expense 207 1,386 3,294
Realized and unrealized gain on investments (note 8 and 14) (626) (9,158) (3,293)
Changes in assets and liabilities:      
Increase (Decrease) in Restricted Cash for Operating Activities 1,926 848 (62)
Accounts receivable (11,965) (6,225) (5,042)
Straight-line rent receivable, net (8,231) (6,544) (5,459)
Deferred leasing costs (12,949) (8,252) (10,086)
Other assets (496) 89 (1,866)
Accounts payable and other liabilities (3,810) 6,201 (672)
Tenants’ security and escrow deposits and prepaid rent 3,545 1,618 6,120
Net cash provided by operating activities 275,637 277,742 250,731
Cash flows from investing activities:      
Acquisition of operating real estate (42,983) (112,120) (107,790)
Payments for Deposits on Real Estate Acquisitions (2,250) 0 0
Real estate development and capital improvements (205,103) (238,237) (213,282)
Proceeds from sale of real estate investments 108,822 118,787 212,632
Collection of notes receivable 1,719 0 27,354
Investments in real estate partnerships (note 4) (20,054) (23,577) (10,883)
Proceeds from Equity Method Investment, Dividends or Distributions, Return of Capital 23,801 37,152 87,111
Payments for (Proceeds from) Other Investing Activities 243 243 194
Acquisition of securities (31,941) (23,760) (19,144)
Proceeds from sale of securities 28,400 31,222 13,991
Net cash used in investing activities (139,346) (210,290) (9,817)
Cash flows from financing activities:      
Proceeds from Issuance of Common Stock 198,494 102,453 99,753
Proceeds from sale of treasury stock 0 0 34
Redemption of preferred stock and partnership units 0 (300) 0
Proceeds from (Payments to) Noncontrolling Interests (5,341) (5,303) 1,514
Payments of Ordinary Dividends, Noncontrolling Interest (299) (300) (322)
Dividends paid to common stockholders (181,392) (172,600) (167,773)
Dividends paid to preferred stockholders (21,062) (21,062) (21,062)
Dividends, Preferred Stock, Cash 21,062 21,062 21,062
Repayment of fixed rate unsecured notes (450,000) (150,000) 0
Proceeds from Issuance of Unsecured Debt 248,160 248,705 0
Proceeds from unsecured credit facilities 445,000 255,000 82,000
Repayment of unsecured credit facilities (355,000) (255,000) (177,000)
Proceeds from notes payable 4,316 12,739 36,350
Repayment of notes payable (76,168) (38,717) (27,960)
Scheduled principal payments (5,878) (6,909) (7,530)
Payment of loan costs (5,998) (3,066) (583)
Payments of Debt Extinguishment Costs (8,043) 0 0
Net cash used in financing activities (213,211) (34,360) (182,579)
Net (decrease) increase in cash and cash equivalents (76,920) 33,092 58,335
Cash and cash equivalents at beginning of the period 113,776 80,684 22,349
Cash and cash equivalents at end of the period 36,856 113,776 80,684
Supplemental disclosure of cash flow information:      
Cash paid for interest (net of capitalized interest of $000, $6,078, and $3,686 in 2014, 2013, and 2012, respectively) 101,527 109,425 107,312
Income Taxes Paid 1,015 2,169 0
Supplemental disclosure of non-cash transactions:      
Mortgage loans assumed through distribution in kind 0 0 7,500
Stock Issued During Period, Value, Conversion of Units 0 137 302
Real estate received through distribution in kind 0 0 7,576
Mortgage loans assumed for the acquisition of real estate 42,799 103,187 0
Unrealized Gain (Loss) on Securities (43) 0 0
Business Combination, Acquisition of Less than 100 Percent, Noncontrolling Interest, Fair Value 0 15,385 0
Acquisition of previously unconsolidated real estate 0 16,182 0
Change in fair value of derivative instruments (9,012) (49,968) 30,952
Contributions from limited partners in consolidated partnerships, net 13 1,579 156
Common stock issued for dividend reinvestment in trust 833 779 660
Common stock issued for dividend reinvestment plan 1,250 1,184 1,075
Stock-based compensation capitalized 2,988 2,707 2,188
Contribution of stock awards into trust 1,651 1,881 1,537
Distribution of stock held in trust 1,898 4 201
Partnership Interest [Member]      
Cash flows from operating activities:      
Net income 152,543 188,847 151,285
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 146,829 147,791 134,454
Amortization of deferred loan cost and debt premium 9,677 10,521 12,339
Amortization and (accretion) of above and below market lease intangibles, net (1,598) (3,101) (2,488)
Stock-based compensation, net of capitalization 11,081 9,662 12,191
Equity in income of investments in real estate partnerships (note 4) (22,508) (31,270) (31,718)
Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain 0 18,271 0
Gain Loss On Sale Of Properties Including Discontinued Operations (35,606) (55,077) (59,656)
Provision for impairment 0 1,257 6,000
Early extinguishment of debt 8,239 18 32
Proceeds from Equity Method Investment, Dividends or Distributions 46,646 42,767 45,377
Loss on settlement of derivative instruments (7,267) 4,648 0
Gain on derivative instruments 0 (13) (19)
Deferred compensation expense 207 1,386 3,294
Realized and unrealized gain on investments (note 8 and 14) (626) (9,158) (3,293)
Changes in assets and liabilities:      
Increase (Decrease) in Restricted Cash for Operating Activities 1,926 848 (62)
Accounts receivable (11,965) (6,225) (5,042)
Straight-line rent receivable, net (8,231) (6,544) (5,459)
Deferred leasing costs (12,949) (8,252) (10,086)
Other assets (496) 89 (1,866)
Accounts payable and other liabilities (3,810) 6,201 (672)
Tenants’ security and escrow deposits and prepaid rent 3,545 1,618 6,120
Net cash provided by operating activities 275,637 277,742 250,731
Cash flows from investing activities:      
Acquisition of operating real estate (42,983) (112,120) (107,790)
Payments for Deposits on Real Estate Acquisitions (2,250) 0 0
Real estate development and capital improvements (205,103) (238,237) (213,282)
Proceeds from sale of real estate investments 108,822 118,787 212,632
Collection of notes receivable 1,719 0 27,354
Investments in real estate partnerships (note 4) (20,054) (23,577) (10,883)
Proceeds from Equity Method Investment, Dividends or Distributions, Return of Capital 23,801 37,152 87,111
Payments for (Proceeds from) Other Investing Activities 243 243 194
Acquisition of securities (31,941) (23,760) (19,144)
Proceeds from sale of securities 28,400 31,222 13,991
Net cash used in investing activities (139,346) (210,290) (9,817)
Cash flows from financing activities:      
Net proceeds from common units issued as a result of common stock issued by Parent Company 198,494 102,453 99,753
Proceeds from sale of treasury stock 0 0 34
Redemption of preferred stock and partnership units 0 (300) 0
Proceeds from (Payments to) Noncontrolling Interests (5,341) (5,303) 1,514
Dividends paid to common stockholders (181,691) (172,900) (168,095)
Dividends paid to preferred stockholders (21,062) (21,062) (21,062)
Dividends, Preferred Stock, Cash 21,062 21,062 21,062
Repayment of fixed rate unsecured notes (450,000) (150,000) 0
Proceeds from Issuance of Unsecured Debt 248,160 248,705 0
Proceeds from unsecured credit facilities 445,000 255,000 82,000
Repayment of unsecured credit facilities (355,000) (255,000) (177,000)
Proceeds from notes payable 4,316 12,739 36,350
Repayment of notes payable (76,168) (38,717) (27,960)
Scheduled principal payments (5,878) (6,909) (7,530)
Payment of loan costs (5,998) (3,066) (583)
Payments of Debt Extinguishment Costs (8,043) 0 0
Net cash used in financing activities (213,211) (34,360) (182,579)
Net (decrease) increase in cash and cash equivalents (76,920) 33,092 58,335
Cash and cash equivalents at beginning of the period 113,776 80,684 22,349
Cash and cash equivalents at end of the period 36,856 113,776 80,684
Supplemental disclosure of cash flow information:      
Cash paid for interest (net of capitalized interest of $000, $6,078, and $3,686 in 2014, 2013, and 2012, respectively) 101,527 109,425 107,312
Supplemental disclosure of non-cash transactions:      
Mortgage loans assumed through distribution in kind 0 0 7,500
Stock Issued During Period, Value, Conversion of Units 0 137 302
Real estate received through distribution in kind 0 0 7,576
Mortgage loans assumed for the acquisition of real estate 42,799 103,187 0
Unrealized Gain (Loss) on Securities (43) 0 0
Business Combination, Acquisition of Less than 100 Percent, Noncontrolling Interest, Fair Value 0 15,385 0
Acquisition of previously unconsolidated real estate 0 16,182 0
Change in fair value of derivative instruments (9,012) (49,968) 30,952
Contributions from limited partners in consolidated partnerships, net 13 1,579 156
Common stock issued for dividend reinvestment in trust 833 779 660
Common stock issued for dividend reinvestment plan 1,250 1,184 1,075
Stock-based compensation capitalized 2,988 2,707 2,188
Contribution of stock awards into trust 1,651 1,881 1,537
Distribution of stock held in trust $ 1,898 4 201
Common Stock | Parent Company [Member]      
Cash flows from financing activities:      
Proceeds from Issuance of Common Stock     99,753
Supplemental disclosure of non-cash transactions:      
Stock Issued During Period, Value, Conversion of Units   $ 0 $ 0