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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Operating activities:    
Net income $ 79,337 $ 122,253
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 189,514 171,923
Amortization of lease incentives and acquisition-related intangible assets and liabilities 197 (1,488)
Share-based compensation expense 6,180 6,609
Credit losses on operating lease receivables 8,711 791
Write-off of mortgages and notes receivable 4,087 0
Accrued interest on mortgages and notes receivable (151) (336)
Amortization of debt issuance costs 2,194 2,126
Amortization of cash flow hedges (1,158) (1,275)
Amortization of mortgages and notes payable fair value adjustments 1,193 1,071
Impairments of real estate assets 5,849 0
Losses on debt extinguishment 640 0
Net gains on disposition of property (10,218) (16,975)
Equity in earnings of unconsolidated affiliates (2,369) (1,641)
Distributions of earnings from unconsolidated affiliates 730 1,943
Settlement of cash flow hedges (11,749) 7,216
Changes in operating assets and liabilities:    
Accounts receivable (3,611) 4,778
Prepaid expenses and other assets 458 (1,487)
Accrued straight-line rents receivable (20,955) (17,945)
Accounts payable, accrued expenses and other liabilities 37,382 15,395
Net cash provided by operating activities 286,261 292,958
Investing activities:    
Investments in acquired real estate and related intangible assets, net of cash acquired (19,365) (50,649)
Investments in development in-process (77,854) (130,241)
Investments in tenant improvements and deferred leasing costs (105,879) (89,875)
Investments in building improvements (36,383) (52,151)
Net proceeds from disposition of real estate assets 45,250 35,441
Distributions of capital from unconsolidated affiliates 29 105
Repayments of mortgages and notes receivable 221 1,137
Payments of earnest money deposits (50,000) 0
Changes in other investing activities (6,279) (4,671)
Net cash used in investing activities (250,260) (290,904)
Financing activities:    
Dividends on Common Stock (147,662) (143,435)
Redemptions/repurchases of Preferred Stock (18) (5)
Dividends on Preferred Stock (1,866) (1,869)
Distributions to noncontrolling interests in the Operating Partnership (3,894) (3,895)
Distributions to noncontrolling interests in consolidated affiliates (1,227) (950)
Proceeds from the issuance of Common Stock 1,541 3,242
Costs paid for the issuance of Common Stock 0 (95)
Repurchase of shares related to tax withholdings (1,784) (1,671)
Borrowings on revolving credit facility 278,600 336,400
Repayments of revolving credit facility (460,600) (397,400)
Borrowings on mortgages and notes payable 747,990 345,863
Repayments of mortgages and notes payable (326,400) (211,345)
Changes in debt issuance costs and other financing activities (7,800) (2,948)
Net cash provided by/(used in) financing activities 76,880 (78,108)
Net increase/(decrease) in cash and cash equivalents and restricted cash 112,881 (76,054)
Cash and cash equivalents and restricted cash at beginning of the period 10,143 88,333
Cash and cash equivalents and restricted cash at end of the period 123,024 12,279
Reconciliation of cash and cash equivalents and restricted cash:    
Cash and cash equivalents at end of the period 116,724 5,324
Restricted cash at end of the period 6,300 6,955
Supplemental disclosure of cash flow information:    
Cash paid for interest, net of amounts capitalized 55,608 56,771
Supplemental disclosure of non-cash investing and financing activities:    
Unrealized gains/(losses) on cash flow hedges (9,282) 10,926
Conversions of Common Units to Common Stock 572 1,231
Changes in accrued capital expenditures (7,407) (10,396)
Write-off of fully depreciated real estate assets 59,428 63,820
Write-off of fully amortized leasing costs 34,203 26,660
Write-off of fully amortized debt issuance costs 1,791 2,733
Adjustment of noncontrolling interests in the Operating Partnership to fair value 19,025 (9,607)
Contributions from noncontrolling interests in consolidated affiliates 4,987 0
Initial recognition of lease liabilities related to right of use assets 35,349 0
Highwoods Realty Limited Partnership [Member]    
Operating activities:    
Net income 79,337 122,253
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 189,514 171,923
Amortization of lease incentives and acquisition-related intangible assets and liabilities 197 (1,488)
Share-based compensation expense 6,180 6,609
Credit losses on operating lease receivables 8,711 791
Write-off of mortgages and notes receivable 4,087 0
Accrued interest on mortgages and notes receivable (151) (336)
Amortization of debt issuance costs 2,194 2,126
Amortization of cash flow hedges (1,158) (1,275)
Amortization of mortgages and notes payable fair value adjustments 1,193 1,071
Impairments of real estate assets 5,849 0
Losses on debt extinguishment 640 0
Net gains on disposition of property (10,218) (16,975)
Equity in earnings of unconsolidated affiliates (2,369) (1,641)
Distributions of earnings from unconsolidated affiliates 730 1,943
Settlement of cash flow hedges (11,749) 7,216
Changes in operating assets and liabilities:    
Accounts receivable (3,611) 4,778
Prepaid expenses and other assets 458 (1,487)
Accrued straight-line rents receivable (20,955) (17,945)
Accounts payable, accrued expenses and other liabilities 37,382 15,395
Net cash provided by operating activities 286,261 292,958
Investing activities:    
Investments in acquired real estate and related intangible assets, net of cash acquired (19,365) (50,649)
Investments in development in-process (77,854) (130,241)
Investments in tenant improvements and deferred leasing costs (105,879) (89,875)
Investments in building improvements (36,383) (52,151)
Net proceeds from disposition of real estate assets 45,250 35,441
Distributions of capital from unconsolidated affiliates 29 105
Repayments of mortgages and notes receivable 221 1,137
Payments of earnest money deposits (50,000) 0
Changes in other investing activities (6,279) (4,671)
Net cash used in investing activities (250,260) (290,904)
Financing activities:    
Distributions on Common Units (150,973) (146,763)
Redemptions/repurchases of Preferred Units (18) (5)
Distributions on Preferred Units (1,866) (1,869)
Distributions to noncontrolling interests in consolidated affiliates (1,227) (950)
Proceeds from the issuance of Common Units 1,541 3,242
Costs paid for the issuance of Common Units 0 (95)
Repurchase of units related to tax withholdings (1,784) (1,671)
Borrowings on revolving credit facility 278,600 336,400
Repayments of revolving credit facility (460,600) (397,400)
Borrowings on mortgages and notes payable 747,990 345,863
Repayments of mortgages and notes payable (326,400) (211,345)
Changes in debt issuance costs and other financing activities (8,383) (3,515)
Net cash provided by/(used in) financing activities 76,880 (78,108)
Net increase/(decrease) in cash and cash equivalents and restricted cash 112,881 (76,054)
Cash and cash equivalents and restricted cash at beginning of the period 10,143 88,333
Cash and cash equivalents and restricted cash at end of the period 123,024 12,279
Reconciliation of cash and cash equivalents and restricted cash:    
Cash and cash equivalents at end of the period 116,724 5,324
Restricted cash at end of the period 6,300 6,955
Supplemental disclosure of cash flow information:    
Cash paid for interest, net of amounts capitalized 55,608 56,771
Supplemental disclosure of non-cash investing and financing activities:    
Unrealized gains/(losses) on cash flow hedges (9,282) 10,926
Changes in accrued capital expenditures (7,407) (10,396)
Write-off of fully depreciated real estate assets 59,428 63,820
Write-off of fully amortized leasing costs 34,203 26,660
Write-off of fully amortized debt issuance costs 1,791 2,733
Adjustment of Redeemable Common Units to fair value 16,533 (11,562)
Contributions from noncontrolling interests in consolidated affiliates 4,987 0
Initial recognition of lease liabilities related to right of use assets $ 35,349 $ 0