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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities:    
Net income $ 514,005 $ 78,727
Adjustments to reconcile net income to net cash provided by operating activities:    
Gain on early extinguishment of debt, net (13,737) (609)
(Gain) loss on sale or write down of assets, net (426,050) 7,078
Gain on remeasurement of assets 0 (22,089)
Depreciation and amortization 263,514 362,681
Amortization of net premium on mortgage notes payable (3,082) (17,891)
Amortization of share and unit-based plans 27,643 23,629
Straight-line rent adjustment (3,449) (4,512)
Amortization of above and below-market leases (9,115) (13,905)
Provision for doubtful accounts 2,460 3,766
Income tax expense (benefit) 2,736 (2,077)
Equity in income of unconsolidated joint ventures (37,537) (28,185)
Distributions of income from unconsolidated joint ventures 5,607 2,700
Co-venture expense 9,507 7,897
Changes in assets and liabilities, net of acquisitions and dispositions:    
Tenant and other receivables 2,370 7,379
Other assets (6,100) 5,232
Due from affiliates 14,729 1,756
Accounts payable and accrued expenses (6,459) 2,770
Other accrued liabilities (17,983) (696)
Net cash provided by operating activities 319,059 413,651
Cash flows from investing activities:    
Acquisitions of property 0 (26,250)
Development, redevelopment, expansion and renovation of properties (153,131) (208,485)
Property improvements (24,638) (34,541)
Proceeds from notes receivable 3,361 1,368
Deferred leasing costs (21,326) (24,797)
Distributions from unconsolidated joint ventures 411,405 66,643
Contributions to unconsolidated joint ventures (404,283) (336,806)
Proceeds from sale of assets 696,716 11,655
Restricted cash (13,978) (546)
Net cash provided by (used in) investing activities 494,126 (551,759)
Cash flows from financing activities:    
Proceeds from mortgages, bank and other notes payable 2,716,138 1,800,671
Payments on mortgages, bank and other notes payable (2,024,965) (1,262,628)
Deferred financing costs (8,822) (5,160)
Payment of finance deposits (7,200) (38,567)
Proceeds from share and unit-based plans 834 745
Stock repurchases (800,018) 0
Redemption of noncontrolling interests (30) (221)
Contribution from noncontrolling interests 0 23
Purchase of noncontrolling interest 0 (1,593)
Settlement of contingent consideration (10,012) 0
Dividends and distributions (667,785) (332,402)
Distributions to co-venture partner (13,654) (14,658)
Net cash (used in) provided by financing activities (815,514) 146,210
Net (decrease) increase in cash and cash equivalents (2,329) 8,102
Cash and cash equivalents, beginning of period 86,510 84,907
Cash and cash equivalents, end of period 84,181 93,009
Supplemental cash flow information:    
Cash payments for interest, net of amounts capitalized 113,187 178,263
Non-cash investing and financing transactions:    
Accrued development costs included in accounts payable and accrued expenses and other accrued liabilities 29,777 39,717
Mortgage notes payable assumed in exchange for investments in unconsolidated joint ventures 997,695 0
Assumption of mortgage note payable from unconsolidated joint venture 0 50,000
Mortgage note payable settled by deed-in-lieu of foreclosure 37,000 34,149
Acquisition of property in exchange for investment in unconsolidated joint venture 0 76,250
Conversion of Operating Partnership Units to common stock $ 10,720 $ 1,559