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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 55,700 $ 65,230
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of real estate assets and leasing costs 86,460 91,671
Depreciation of non-real estate furniture, fixtures and equipment 1,571 2,005
Revenue reversals for doubtful accounts, net (Note 8) 3,883 2,438
Non-cash amortization of share-based compensation awards 3,381 10,043
Non-cash amortization of deferred financing costs and debt discounts 1,757 1,355
Non-cash amortization of net below market rents (904) (3,033)
Non-cash amortization of deferred revenue related to tenant-funded tenant improvements (4,969) (4,998)
Straight-line rents (2,123) (7,913)
Amortization of right of use ground lease assets 262 253
Net change in other operating assets (3,594) 2,849
Net change in other operating liabilities 26,445 22,236
Net cash provided by operating activities 167,869 182,136
CASH FLOWS FROM INVESTING ACTIVITIES:    
Maturity of certificates of deposit (Note 2) 178,325 0
Expenditures for development and redevelopment properties and undeveloped land (85,495) (100,457)
Expenditures for operating properties and other capital assets (15,981) (20,891)
Net cash provided by (used in) investing activities 76,849 (121,348)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repurchase of common stock and restricted stock units (5,898) (8,363)
Distributions to noncontrolling interests in consolidated property partnerships (6,890) (7,060)
Dividends and distributions paid to common stockholders and common unitholders (63,931) (63,735)
Financing costs (17,192) (1,228)
Principal payments and repayments of secured debt (1,479) (1,423)
Proceeds from the issuance of unsecured debt (Note 4) 395,516 0
Repayments of unsecured debt (Note 4) (200,000) 0
Borrowings on unsecured debt (Note 4) 0 150,000
Net cash provided by financing activities 100,126 68,191
Net increase in cash and cash equivalents and restricted cash 344,844 128,979
Cash and cash equivalents and restricted cash, beginning of period 510,163 347,379
Cash and cash equivalents and restricted cash, end of period $ 855,007 $ 476,358