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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities    
Net income $ 83,601 $ 32,473
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 113,138 93,141
Gain on sale of operating property (36,372) 0
Distributions of income from joint ventures 3,015 1,881
Equity in income of joint ventures [1] (3,048) (1,914)
Share-based compensation 3,175 3,677
Net change in operating accounts and other (41,222) (40,802)
Net cash from operating activities 122,287 88,456
Cash flows from investing activities    
Development and capital improvements, including land (90,531) (90,325)
Proceeds from sale of operating property 70,536 0
Increase in earnest money (23,219) (50)
Other (5,696) (1,691)
Net cash from investing activities (48,910) (92,066)
Cash flows from financing activities    
Borrowings on unsecured credit facility 500,000 0
Proceeds from issuance of common shares 26,165 0
Distributions to common shareholders and non-controlling interests (88,786) (84,147)
Other 5,758 731
Net cash from financing activities 443,137 (83,416)
Net increase (decrease) in cash, cash equivalents, and restricted cash 516,514 (87,026)
Cash, cash equivalents, and restricted cash, beginning of period 618,980 424,533
Cash, cash equivalents, and restricted cash, end of period 1,135,494 337,507
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents [Abstract]    
Cash and cash equivalents 1,129,716 333,402
Restricted cash 5,778 4,105
Total cash, cash equivalents, and restricted cash 1,135,494 337,507
Supplemental information    
Cash paid for interest, net of interest capitalized 16,581 15,724
Supplemental schedule of noncash investing and financing activities    
Distributions declared but not paid 100,880 84,282
Value of shares issued under benefit plans, net of cancellations 20,245 16,937
Accrual associated with construction and capital expenditures 20,564 17,519
Conversion of Stock, Name [Domain]    
Supplemental schedule of noncash investing and financing activities    
Conversion of operating partnership units to common shares 0 3,317
Conversion of operating partnership units to common shares $ 0 $ 3,317
[1] Equity in income excludes our ownership interest of fee income from various services provided by us to the Funds.