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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash flows from operating activities    
Net income $ 83,263 $ 80,397
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 164,920 145,793
Distributions of income from joint ventures 3,802 3,659
Equity in income of joint ventures [1] (3,821) (3,701)
Share-based compensation 8,535 8,206
Settlement of forward interest rate swaps (20,430) 0
Net change in operating accounts and other (17,598) (3,071)
Net cash from operating activities 218,671 231,283
Cash flows from investing activities    
Development and capital improvements, including land (206,724) (177,546)
Acquisition of operating properties (214,233) (201,899)
Increase in non-real estate assets (9,655) (8,591)
Other 505 798
Net cash from investing activities (430,107) (387,238)
Cash flows from financing activities    
Borrowings on unsecured credit facility and other short-term borrowings 1,167,000 0
Repayments on unsecured credit facility and other short-term borrowings (1,167,000) 0
Repayment of notes payable (439,852) (713)
Proceeds from notes payable 593,409 0
Distributions to common shareholders and non-controlling interests (155,723) (147,959)
Proceeds from issuance of common shares 328,374 0
Payment of deferred financing costs (5,342) (483)
Other 1,910 957
Net cash from financing activities 322,776 (148,198)
Net increase (decrease) in cash, cash equivalents, and restricted cash 111,340 (304,153)
Total cash, cash equivalents, and restricted cash, beginning of year 43,603 377,805
Total cash, cash equivalents, and restricted cash, end of period 154,943 73,652
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents [Abstract]    
Total cash, cash equivalents, and restricted cash 43,603 377,805
Supplemental information    
Cash paid for interest, net of interest capitalized 41,573 41,009
Cash paid for income taxes 1,197 1,875
Supplemental schedule of noncash investing and financing activities    
Distributions declared but not paid 80,767 75,071
Value of shares issued under benefit plans, net of cancellations 18,554 17,988
Accrual associated with construction and capital expenditures 33,280 25,726
Right-of-use assets obtained in exchange for the use of new operating lease liabilities $ 16,249 $ 0
[1]
Equity in income excludes our ownership interest of fee income from various services provided by us to the Funds.