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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities    
Net income $ 85,759 $ 43,619
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 144,802 142,444
Loss on early retirement of debt 921 0
Gain on sale of operating property (43,806) 0
Share-based compensation 3,360 3,629
Net change in operating accounts and other (55,146) (49,981)
Net cash from operating activities 135,890 139,711
Cash flows from investing activities    
Development and capital improvements, including land (106,094) (91,908)
Net proceeds from sale of operating property 114,474 0
Other (1,490) (1,627)
Net cash from investing activities 6,890 (93,535)
Cash flows from financing activities    
Borrowings on unsecured revolving credit facility 120,000 265,000
Repayments on unsecured revolving credit facility (120,000) (199,000)
Proceeds from Notes Payable 395,952 0
Repayment of notes payable (550,000) 0
Distributions to common shareholders and non-controlling interests (110,427) (103,599)
Repurchase of common shares (45,682) 0
Other 253 1,267
Net cash from financing activities (309,904) (36,332)
Net (decrease)/increase in cash, cash equivalents, and restricted cash (167,124) 9,844
Cash, cash equivalents, and restricted cash, beginning of period 268,047 17,438
Cash, cash equivalents, and restricted cash, end of period 100,923 27,282
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents [Abstract]    
Cash and cash equivalents 92,693 20,419
Restricted cash 8,230 6,863
Total cash, cash equivalents, and restricted cash 100,923 27,282
Supplemental information    
Cash paid for interest, net of interest capitalized 21,240 26,378
Cash paid for income taxes 228 681
Supplemental schedule of noncash investing and financing activities    
Distributions declared but not paid 113,556 110,444
Value of shares issued under benefit plans, net of cancellations 23,499 23,583
Accrual associated with construction and capital expenditures $ 29,144 $ 27,413