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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Condensed Consolidated Statements of Cash Flows (Unaudited) [Abstract]    
Cash flows from operating activities: $ 104,351 $ 89,414
Net Income 28,560 31,728
Adjustments to reconcile net income to net cash provided by operating activities:    
Gain on sale of real estate (5,853) 0
Gain on sale of marketable securities (4,543) (9,041)
Loss (gain) on early retirement of debt 253 10
Equity income in co-investments excluding gain on sales of real estate 2,120 401
Amortization of discount on exchangeable bonds 0 41
Amortization of discount on marketable securities (2,297) (1,916)
Amortization of deferred interest from settlement of swaps 4,349 97
Amortization of discount on notes receivables (878) (363)
Depreciation 74,541 61,748
Amortization of deferred financing costs 1,443 1,628
Stock-based compensation 1,056 1,739
Prepaid expenses and other assets (697) (621)
Accounts payable and accrued liabilities 5,097 2,973
Other liabilities 1,200 990
Additions to real estate:    
Acquisitions (38,958) (6,757)
Improvements to recent acquisitions (11,804) (725)
Redevelopment expenditures (16,296) (6,951)
Revenue generating capital expenditures (1,220) (358)
Non-revenue generating capital expenditures (7,711) (10,962)
Dispositions of real estate 15,972 0
Additions to real estate under development (65,695) (53,414)
Changes in restricted cash and refundable deposits (3,210) (5,733)
Purchases of marketable securities (6,805) (18,276)
Sales and maturities of marketable securities 27,997 65,919
Purchases of and advances under notes and other receivables 0 (21,227)
Collections of notes and other receivables 368 1,826
Contributions to co-investments (43,207) (66,498)
Distributions from co-investments 450 0
Net cash used in investing activities (150,119) (123,156)
Cash flows from financing activities:    
Borrowings under mortgage notes payable, lines of credit and bonds 645,419 212,764
Repayment under mortgage notes payable, lines of credit and bonds (661,193) (163,817)
Additions to deferred charges (1,441) (623)
Retirement of exchangeable bonds 0 (1,842)
Settlement of forward-starting swaps (2,395) 0
Net proceeds from stock options exercised 5,983 2,212
Net proceeds from issuance of Series H preferred stock 71,427 0
Redemption of Series F preferred stock (25,000) 0
Retirement of Series B preferred units (78,800) 0
Net proceeds from issuance of common stock 168,592 63,003
Equity related issuance costs (591) 0
Contributions from noncontrolling interest 0 3,990
Distributions to noncontrolling interest (9,667) (12,337)
Redemptions of noncontrolling interest (4,019) (21,065)
Common and preferred stock dividends paid (67,491) (60,836)
Net cash provided by financing activities 40,824 21,449
Net decrease in cash and cash equivalents (4,944) (12,293)
Cash and cash equivalents at beginning of period 13,753 20,660
Cash and cash equivalents at end of period 8,809 8,367
Supplemental disclosure of cash flow information:    
Cash paid for interest, net of $4.5 million and $5.8 million capitalized in 2011 and 2010, respectively 43,594 40,048
Supplemental disclosure of noncash investing and financing activities:    
Change in accrual of dividends 1,570 874
Change in value of derivative liabilities 1,836 42,040
Change in unrealized gain of marketable securities 2,283 5,650
Mortgage notes assumed in connection with purchase of real estate including the loan premiums recorded 10,500 12,444
Non-cash contribution from noncontrolling interest 800 0
Change in construction payable 2,041 3,746
Transfer of real estate under development to rental properties 40,784 0
Transfer of real estate under development to co-investments $ 48,886 $ 0