XML 55 R33.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Supplemental Cash Flow Information of the Operating Partnership | 12 Months Ended
--- | ---
Dec. 31, 2021
Supplemental Cash Flow Elements [Abstract] |
Supplemental Cash Flow Information of the Operating Partnership | Supplemental Cash Flow Information of the Company Supplemental cash flow information follows (in thousands):
| Year Ended December 31,
| 2021 |  | 2020 |  | 2019
SUPPLEMENTAL CASH FLOWS INFORMATION: |  |  |  |  |
Cash paid for interest, net of capitalized interest of $75,802, $75,852, and $77,666 as of December 31, 2021, 2020 and 2019, respectively | $ | 77,028 |  |  | $ | 61,741 |  |  | $ | 43,607 |
Cash paid for amounts included in the measurement of ground lease liabilities | $ | 6,209 |  |  | $ | 5,744 |  |  | $ | 5,224 |
NON-CASH INVESTING TRANSACTIONS: |  |  |  |  |
Accrual for expenditures for operating properties and development and redevelopment properties | $ | 119,829 |  |  | $ | 189,161 |  |  | $ | 162,654 |
Tenant improvements funded directly by tenants | $ | 20,070 |  |  | $ | 11,592 |  |  | $ | 10,268 |
Assumption of accrued liabilities in connection with acquisitions (Note 3) | $ | 37,572 |  |  | $ | — |  |  | $ | 10,267 |
Initial measurement of operating right of use ground lease assets (Notes 3 and 18) | $ | 46,430 |  |  | $ | — |  |  | $ | 96,272 |
Initial measurement of operating ground lease liabilities (Notes 3 and 18) | $ | 46,430 |  |  | $ | — |  |  | $ | 98,349 |
NON-CASH FINANCING TRANSACTIONS: |  |  |  |  |
Accrual of dividends and distributions payable to common stockholders and common unitholders (Notes 13 and 25) | $ | 61,850 |  |  | $ | 59,431 |  |  | $ | 53,219 |
Exchange of common units of the Operating Partnership into shares of the Company’s common stock | $ | — |  |  | $ | 37,640 |  |  | $ | 78 |
The following is a reconciliation of our cash and cash equivalents and restricted cash at the beginning and end of the years ended December 31, 2021, 2020 and 2019.
| Year Ended December 31,
| 2021 |  | 2020 |  | 2019
RECONCILIATION OF CASH AND CASH EQUIVALENTS AND RESTRICTED CASH: |  |  |  |  |
Cash and cash equivalents at beginning of period | $ | 731,991 |  |  | $ | 60,044 |  |  | $ | 51,604 |
Restricted cash at beginning of period | 91,139 |  |  | 16,300 |  | 119,430
Cash and cash equivalents and restricted cash at beginning of period | $ | 823,130 |  |  | $ | 76,344 |  |  | $ | 171,034 |
Cash and cash equivalents at end of period | $ | 414,077 |  |  | $ | 731,991 |  |  | $ | 60,044 |
Restricted cash at end of period | 13,006 |  |  | 91,139 |  |  | 16,300 |
Cash and cash equivalents and restricted cash at end of period | $ | 427,083 |  |  | $ | 823,130 |  |  | $ | 76,344 |
Supplemental Cash Flow Information of the Operating Partnership: Supplemental cash flow information follows (in thousands):
| Year Ended December 31,
| 2021 |  | 2020 |  | 2019
SUPPLEMENTAL CASH FLOWS INFORMATION: |  |  |  |  |
Cash paid for interest, net of capitalized interest of $75,802, $75,852, and $77,666 as of December 31, 2021, 2020 and 2019, respectively | $ | 77,028 |  |  | $ | 61,741 |  |  | $ | 43,607 |
Cash paid for amounts included in the measurement of ground lease liabilities | $ | 6,209 |  |  | $ | 5,744 |  |  | $ | 5,224 |
NON-CASH INVESTING TRANSACTIONS: |  |  |  |  |
Accrual for expenditures for operating properties and development and redevelopment properties | $ | 119,829 |  |  | $ | 189,161 |  |  | $ | 162,654 |
Tenant improvements funded directly by tenants | $ | 20,070 |  |  | $ | 11,592 |  |  | $ | 10,268 |
Assumption of accrued liabilities in connection with acquisitions (Note 3) | $ | 37,572 |  |  | $ | — |  |  | $ | 10,267 |
Initial measurement of operating right of use ground lease assets (Notes 3 and 18) | $ | 46,430 |  |  | $ | — |  |  | $ | 96,272 |
Initial measurement of operating ground lease liabilities (Notes 3 and 18) | $ | 46,430 |  |  | $ | — |  |  | $ | 98,349 |
NON-CASH FINANCING TRANSACTIONS: |  |  |  |  |
Accrual of distributions payable to common unitholders (Notes 14 and 25) | $ | 61,850 |  |  | $ | 59,431 |  |  | $ | 53,219 |
The following is a reconciliation of our cash and cash equivalents and restricted cash at the beginning and end of the years ended December 31, 2021, 2020 and 2019.
| Year Ended December 31,
| 2021 |  | 2020 |  | 2019
RECONCILIATION OF CASH AND CASH EQUIVALENTS AND RESTRICTED CASH: |  |  |  |  |
Cash and cash equivalents at beginning of period | $ | 731,991 |  |  | $ | 60,044 |  |  | $ | 51,604 |
Restricted cash at beginning of period | 91,139 |  |  | 16,300 |  |  | 119,430 |
Cash and cash equivalents and restricted cash at beginning of period | $ | 823,130 |  |  | $ | 76,344 |  |  | $ | 171,034 |
Cash and cash equivalents at end of period | $ | 414,077 |  |  | $ | 731,991 |  |  | $ | 60,044 |
Restricted cash at end of period | 13,006 |  |  | 91,139 |  |  | 16,300 |
Cash and cash equivalents and restricted cash at end of period | $ | 427,083 |  |  | $ | 823,130 |  |  | $ | 76,344 |

X
- Definition The entire disclosure for supplemental cash flow activities, including cash, noncash, and part noncash transactions, for the period. Noncash is defined as information about all investing and financing activities of an enterprise during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -URI http://asc.fasb.org/topic&trid=2134446 + Details
Name: | us-gaap_CashFlowSupplementalDisclosuresTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SupplementalCashFlowElementsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration