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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Proceeds from Issuance of Unsecured Debt $ 646,424  
Cash flows from operating activities:    
Net income 20,715 $ (53,577)
Adjustments to reconcile net income to net cash provided by operating activities:    
Equity in income of investments in real estate partnerships 28,251  
Provision for impairment 0 (866)
Changes in assets and liabilities:    
Net cash provided by operating activities 32,723  
Cash flows from investing activities:    
Acquisition of operating real estate (648,957)  
Real estate development and capital improvements (66,504)  
Proceeds from sale of real estate investments 1,749 34,321
Payments for (Proceeds from) Loans Receivable 510  
Investments in real estate partnerships (1,688)  
Proceeds from Equity Method Investment, Dividends or Distributions, Return of Capital 25,428  
Dividends on investment securities 55  
Acquisition of securities (3,334)  
Proceeds from sale of securities 3,815  
Net cash used in investing activities (689,946)  
Cash flows from financing activities:    
Proceeds from sale of treasury stock 76  
Distributions to limited partners in consolidated partnerships, net (786)  
Distributions to exchangeable operating partnership unit holders (79)  
Dividends paid to common stockholders (53,289)  
Dividends paid to preferred stockholders (3,241)  
Proceeds from unsecured credit facilities 740,000  
Repayment of unsecured credit facilities (360,000)  
Proceeds from notes payable 1,577  
Repayments of Notes Payable (11,422)  
Scheduled principal payments (1,367)  
Payment of loan costs (8,796)  
Net cash provided by (used in) financing activities 680,822  
Payments for Repurchase of Common Stock (18,275)  
Payments for Repurchase of Preferred Units 250,000  
Cash and cash equivalents at beginning of the period 13,256  
Cash and cash equivalents at end of the period 36,855  
Net increase (decrease) in cash and cash equivalents 23,599  
Parent Company [Member]    
Proceeds from Issuance of Unsecured Debt 646,424 0
Cash flows from operating activities:    
Net income 20,715 (53,577)
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 60,053 38,716
Amortization of deferred loan cost and debt premium 2,459 2,353
(Accretion) and amortization of above and below market lease intangibles, net (3,484) (351)
Share-based Compensation 12,131 2,621
Stock-based compensation, net of capitalization 778 814
Equity in income of investments in real estate partnerships (9,342) (12,920)
Gain on sale of real estate, net of tax (415) (12,868)
Provision for impairment 0 (1,666)
(Payments for) Proceeds from Settlement of Derivative Instrument (87) 0
Distribution of earnings from operations of investments in real estate partnerships (12,784) (13,840)
Deferred compensation expense 1,062 (148)
Realized and unrealized (gain) loss on investments (1,064) 155
Increase (Decrease) in Restricted Cash for Operating Activities (67) 109
Changes in assets and liabilities:    
Accounts receivable, net 8,974 4,371
Straight-line rent receivables, net (3,439) (1,848)
Deferred leasing costs (1,355) (2,903)
Other assets (2,657) (746)
Accounts payable and other liabilities (24,370) (7,286)
Tenants’ security, escrow deposits and prepaid rent 2,121 (1,301)
Net cash provided by operating activities 32,723 76,819
Cash flows from investing activities:    
Acquisition of operating real estate 0 (16,483)
Payments for Merger Related Costs (648,957) 0
Real estate development and capital improvements (66,504) (38,289)
Proceeds from sale of real estate investments 1,749 32,261
Payments for (Proceeds from) Loans Receivable 510 0
Investments in real estate partnerships (1,688) (2,438)
Proceeds from Equity Method Investment, Dividends or Distributions, Return of Capital 25,428 18,296
Dividends on investment securities 55 59
Acquisition of securities (3,334) (41,946)
Proceeds from sale of securities 3,815 41,207
Net cash used in investing activities (689,946) (7,333)
Cash flows from financing activities:    
Net proceeds from common stock issuance 0 12,293
Proceeds from sale of treasury stock 76 904
Distributions to limited partners in consolidated partnerships, net (786) (1,707)
Distributions to exchangeable operating partnership unit holders (79) (77)
Dividends paid to common stockholders (53,289) (48,510)
Dividends paid to preferred stockholders (3,241) (5,266)
Proceeds from unsecured credit facilities 740,000 10,000
Repayment of unsecured credit facilities (360,000) (10,000)
Proceeds from notes payable 1,577 0
Repayments of Notes Payable (11,422) (27,281)
Scheduled principal payments (1,367) (1,572)
Payment of loan costs (8,796) (5)
Net cash provided by (used in) financing activities 680,822 (79,205)
Payments Related to Tax Withholding for Share-based Compensation (18,275) (7,984)
Payments for Repurchase of Preferred Units 250,000 0
Cash and cash equivalents at beginning of the period 13,256 36,856
Cash and cash equivalents at end of the period 36,855 27,137
Net increase (decrease) in cash and cash equivalents 23,599 (9,719)
Supplemental disclosure of cash flow information:    
Cash paid for interest (net of capitalized interest of $1,061 and $973 in 2017 and 2016, respectively) 7,687 7,611
Supplemental disclosure of non-cash transactions:    
Common stock issued under dividend reinvestment plan 301 292
Contributions from limited partners in consolidated partnerships, net 100 8,362
Common stock issued for dividend reinvestment in trust 177 190
Contribution of stock awards into trust 929 958
Distribution of stock held in trust 4,114 1,807
Unrealized Gain (Loss) on Securities 32 (36)
Deconsolidation of previously consolidated partnership [Abstract]    
Deconsolidation of consolidated partnership, Real estate, net 5,985,895 0
Deconsolidation of consolidated partnership, Return of capital 103,566 0
Deconsolidation of consolidated partnership, Mortgage Notes Payable (757,399) 0
Deconsolidation of consolidated partnership, Other assets and liabilities (80,693) 0
Deconsolidation of consolidated partnership, Noncontrolling Interest (4,471,808) 0
Partnership Interest [Member]    
Proceeds from Issuance of Unsecured Debt 646,424 0
Cash flows from operating activities:    
Net income 20,715 (53,577)
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 60,053 38,716
Amortization of deferred loan cost and debt premium 2,459 2,353
(Accretion) and amortization of above and below market lease intangibles, net (3,484) (351)
Share-based Compensation 12,131 2,621
Stock-based compensation, net of capitalization 778 814
Equity in income of investments in real estate partnerships (9,342) (12,920)
Gain on sale of real estate, net of tax (415) (12,868)
Provision for impairment 0 (1,666)
(Payments for) Proceeds from Settlement of Derivative Instrument (87) 0
Distribution of earnings from operations of investments in real estate partnerships (12,784) (13,840)
Deferred compensation expense 1,062 (148)
Realized and unrealized (gain) loss on investments (1,064) 155
Increase (Decrease) in Restricted Cash for Operating Activities (67) 109
Changes in assets and liabilities:    
Accounts receivable, net 8,974 4,371
Straight-line rent receivables, net (3,439) (1,848)
Deferred leasing costs (1,355) (2,903)
Other assets (2,657) (746)
Accounts payable and other liabilities (24,370) (7,286)
Tenants’ security, escrow deposits and prepaid rent 2,121 (1,301)
Net cash provided by operating activities 32,723 76,819
Cash flows from investing activities:    
Acquisition of operating real estate 0 (16,483)
Payments for Merger Related Costs (648,957) 0
Real estate development and capital improvements (66,504) (38,289)
Proceeds from sale of real estate investments 1,749 32,261
Payments for (Proceeds from) Loans Receivable 510 0
Investments in real estate partnerships (1,688) (2,438)
Proceeds from Equity Method Investment, Dividends or Distributions, Return of Capital 25,428 18,296
Dividends on investment securities 55 59
Acquisition of securities (3,334) (41,946)
Proceeds from sale of securities 3,815 41,207
Net cash used in investing activities (689,946) (7,333)
Cash flows from financing activities:    
Net proceeds from common units issued as a result of common stock issued by Parent Company 0 12,293
Proceeds from sale of treasury stock 76 904
Distributions to limited partners in consolidated partnerships, net (786) (1,707)
Dividends paid to common stockholders (53,368) (48,587)
Dividends paid to preferred stockholders (3,241) (5,266)
Proceeds from unsecured credit facilities 740,000 10,000
Repayment of unsecured credit facilities (360,000) (10,000)
Proceeds from notes payable 1,577 0
Repayments of Notes Payable (11,422) (27,281)
Scheduled principal payments (1,367) (1,572)
Payment of loan costs (8,796) (5)
Net cash provided by (used in) financing activities 680,822 (79,205)
Payments for Repurchase of Common Stock (18,275) (7,984)
Payments for Repurchase of Preferred Units 250,000 0
Cash and cash equivalents at beginning of the period 13,256 36,856
Cash and cash equivalents at end of the period 36,855 27,137
Net increase (decrease) in cash and cash equivalents 23,599 (9,719)
Supplemental disclosure of cash flow information:    
Cash paid for interest (net of capitalized interest of $1,061 and $973 in 2017 and 2016, respectively) 7,687 7,611
Supplemental disclosure of non-cash transactions:    
Common stock issued under dividend reinvestment plan 301 292
Contributions from limited partners in consolidated partnerships, net 100 8,362
Common stock issued for dividend reinvestment in trust 177 190
Contribution of stock awards into trust 929 958
Distribution of stock held in trust 4,114 1,807
Unrealized Gain (Loss) on Securities 32 (36)
Deconsolidation of previously consolidated partnership [Abstract]    
Deconsolidation of consolidated partnership, Real estate, net 5,985,895 0
Deconsolidation of consolidated partnership, Return of capital 103,566 0
Deconsolidation of consolidated partnership, Mortgage Notes Payable (757,399) 0
Deconsolidation of consolidated partnership, Other assets and liabilities (80,693) 0
Deconsolidation of consolidated partnership, Noncontrolling Interest $ (4,471,808) $ 0