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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash flows from operating activities:    
Net income $ 123,089 $ 514,005
Adjustments to reconcile net income to net cash provided by operating activities:    
Gain on early extinguishment of debt, net 0 (1,709)
Gain on sale or write down of assets, net (37,234) (426,050)
Depreciation and amortization 253,793 263,514
Amortization of net premium on mortgage notes payable (2,799) (3,082)
Amortization of share and unit-based plans 25,159 27,643
Straight-line rent adjustment (7,502) (3,449)
Amortization of above and below-market leases (408) (9,115)
Provision for doubtful accounts 3,806 2,460
Income tax (benefit) expense (178) 2,736
Equity in income of unconsolidated joint ventures (56,772) (37,537)
Distributions of income from unconsolidated joint ventures 0 5,607
Co-venture expense 11,150 9,507
Changes in assets and liabilities, net of acquisitions and dispositions:    
Tenant and other receivables 838 2,370
Other assets 11,743 (6,100)
Due from affiliates (13,004) 14,729
Accounts payable and accrued expenses 11,263 (6,459)
Other accrued liabilities (23,094) (17,983)
Net cash provided by operating activities 299,850 331,087
Cash flows from investing activities:    
Development, redevelopment, expansion and renovation of properties (90,758) (153,131)
Property improvements (34,425) (24,638)
Proceeds from repayment of notes receivable 628 3,361
Deferred leasing costs (25,045) (21,326)
Distributions from unconsolidated joint ventures 226,152 411,405
Contributions to unconsolidated joint ventures (80,332) (404,283)
Proceeds from sale of assets 168,471 696,716
Restricted cash (785) (13,978)
Net cash provided by investing activities 163,906 494,126
Cash flows from financing activities:    
Proceeds from mortgages, bank and other notes payable 510,000 2,716,138
Payments on mortgages, bank and other notes payable (424,439) (2,024,965)
Deferred financing costs (2,586) (8,822)
Payment of finance deposits 8,600 7,200
Proceeds from share and unit-based plans 986 834
Payment of debt extinguishment costs 0 (12,028)
Stock repurchases (221,428) (800,018)
Redemption of noncontrolling interests (909) (30)
Settlement of contingent consideration 0 10,012
Dividends and distributions (328,733) (667,785)
Distributions to co-venture partner (11,005) (13,654)
Net cash used in financing activities (486,714) (827,542)
Net decrease in cash and cash equivalents (22,958) (2,329)
Cash and cash equivalents, beginning of period 94,046 86,510
Cash and cash equivalents, end of period 71,088 84,181
Supplemental cash flow information:    
Cash payments for interest, net of amounts capitalized 124,686 113,187
Non-cash investing and financing transactions:    
Accrued development costs included in accounts payable and accrued expenses and other accrued liabilities 30,706 29,777
Mortgage notes payable assumed in exchange for investments in unconsolidated joint ventures 0 997,695
Mortgage note payable settled by deed-in-lieu of foreclosure 0 37,000
Conversion of Operating Partnership Units to common stock $ 15,195 $ 10,720