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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flow from operating activities:      
Net income $ 849,696 $ 1,002,877 $ 413,561
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 395,320 288,955 277,879
Impairment charges 3,597 6,624 48,743
Early extinguishment of debt charges 0 7,538 0
Equity award expense 23,150 23,685 20,200
Gain on sale of properties (30,841) (6,484) (79,218)
Gain on marketable securities, net (505,163) (594,753) (829)
Gain on sale of cost method investment 0 (190,832) 0
Distributions from joint ventures and other investments 91,507 149,022 93,877
Change in accounts and notes receivable, net (18,079) (559) (34,160)
Change in accounts payable and accrued expenses (104,712) 5,576 (3,611)
Change in other operating assets and liabilities, net 22,350 (25,755) (54,576)
Net cash flow provided by operating activities 618,875 589,913 583,628
Cash flow from investing activities:      
Acquisition of operating real estate and other related net assets (355,953) (12,644) (1,957)
Improvements to operating real estate (163,699) (221,278) (324,821)
Improvements to real estate under development 0 (22,358) (118,841)
Acquisition of Weingarten Realty Investors, net of cash acquired of $56,451 (263,973) 0 0
Investment in marketable securities 0 0 (244)
Proceeds from sale/repayments of marketable securities 377 931 2,023
Proceeds from sale of cost method investment 0 227,270 0
Investments in and advances to real estate joint ventures (12,571) (15,882) (27,665)
Reimbursements of investments in and advances to real estate joint ventures 47,862 4,499 21,759
Investments in and advances to other investments (67,090) (15,418) (15,316)
Reimbursements of investments in and advances to other investments 64,068 13,435 5,960
Investment in other financing receivable (41,897) (25,000) (48)
Collection of mortgage loans receivable 13,776 177 10,449
Proceeds from sale of properties 302,841 30,545 324,280
Proceeds from insurance casualty claims 0 2,450 4,000
Net cash flow used for investing activities (476,259) (33,273) (120,421)
Cash flow from financing activities:      
Principal payments on debt, excluding normal amortization of rental property debt (229,288) (158,556) (6,539)
Principal payments on rental property debt (10,622) (10,693) (12,212)
Proceeds from mortgage and construction loan financings 0 0 16,028
(Repayments)/proceeds from the unsecured revolving credit facility, net 0 (200,000) 100,000
Financing origination costs (8,197) (18,040) (7,707)
Payment of early extinguishment of debt charges 0 (7,538) (1,531)
Contributions from noncontrolling interests 0 149 0
Redemption/distribution of noncontrolling interests (34,610) (23,345) (15,134)
Dividends paid (382,132) (379,874) (531,565)
Proceeds from issuance of stock, net 82,989 981 204,012
Redemption of preferred stock 0 0 (575,000)
Shares repurchased for employee tax withholding on equity awards (20,842) (5,379) (3,971)
Change in tenants' security deposits 1,561 (199) 778
Net cash flow used for financing activities (101,141) (387,399) (482,841)
Net change in cash, cash equivalents and restricted cash 41,475 169,241 (19,634)
Cash, cash equivalents and restricted cash, beginning of year 293,188 123,947 143,581
Cash, cash equivalents and restricted cash, end of year 334,663 293,188 123,947
Interest paid during the year including payment of early extinguishment of debt charges of $0, $7,538 and $1,531, respectively (net of capitalized interest of $583, $13,683 and $15,690, respectively) 197,947 183,558 169,026
Income taxes paid/(received) during the year (net of refunds received of $0, $47 and $3,452, respectively) 1,961 747 (1,106)
Senior Unsecured Notes [Member]      
Cash flow from financing activities:      
Proceeds from issuance of unsecured debt 500,000 900,000 350,000
Repayments of unsecured debt 0 (484,905) 0
Term Loan [Member]      
Cash flow from financing activities:      
Proceeds from issuance of unsecured debt 0 590,000 0
Repayments of unsecured debt 0 (590,000) 0
Joint Ventures [Member]      
Adjustments to reconcile net income to net cash provided by operating activities:      
Equity in income, net (84,778) (47,353) (72,162)
Other Real Estate Investments [Member]      
Adjustments to reconcile net income to net cash provided by operating activities:      
Equity in income, net $ (23,172) $ (28,628) $ (26,076)