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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Operating Activities    
Net income/(loss) $ 92,090 $ 8,280
Adjustments to reconcile net income/(loss) to net cash provided by operating activities:    
Depreciation and amortization 270,405 256,299
Gain on sale of real estate owned, net of tax (82,380) 0
Tax benefit, net (8,049) (7,314)
Loss from unconsolidated entities 4,932 6,081
Casualty-related (recoveries)/charges, net 500 (618)
Other 19,952 19,641
Changes in operating assets and liabilities:    
(Increase)/decrease in operating assets (5,870) (12,543)
Increase/(decrease) in operating liabilities (9,602) (8,529)
Net cash provided by operating activities 281,978 261,297
Investing Activities    
Acquisition of real estate assets (199,012) 0
Proceeds from sales of real estate investments, net 233,913 140,834
Development of real estate assets (160,643) (229,650)
Capital expenditures and other major improvements - real estate assets, net of escrow reimbursement (82,332) (112,822)
Capital expenditures - non-real estate assets (4,277) (6,174)
Investment in unconsolidated joint ventures (167,160) (24,626)
Distributions received from unconsolidated joint venture 17,884 106,618
Purchase deposits on pending acquisitions (4,000) 0
Repayment/(issuance) of notes receivable 64,715 (2,680)
Net cash provided by/(used in) investing activities (300,912) (128,500)
Financing Activities    
Payments on secured debt (44,390) (44,525)
Proceeds from the issuance of secured debt 5,502 0
Payments on unsecured debt (312,500) (122,500)
Proceeds from issuance of unsecured debt 298,956 299,943
Net proceeds of revolving bank debt 160,000 (76,000)
Proceeds from the issuance of common shares through public offering, net (99,991) 0
Distributions paid to redeemable noncontrolling interests (7,419) (6,987)
Distributions paid to preferred stockholders (2,793) (2,794)
Distributions paid to common stockholders (189,742) (172,897)
Other (4,315) (8,003)
Net cash provided by/(used in) financing activities 3,290 (133,763)
Net increase/(decrease) in cash and cash equivalents (15,644) (966)
Cash and cash equivalents, beginning of period 30,249 12,115
Cash and cash equivalents, end of period 14,605 11,149
Supplemental Information:    
Interest paid during the period, net of amounts capitalized 105,232 99,266
Non-cash transactions:    
Conversion of OP Units into common shares (151,453 shares in 2014 and 71,841 shares in 2013) 4,318 1,711
Transfer of real estate owned to investment in and advances to unconsolidated joint ventures $ 0 $ 139,950