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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities:    
Net (loss) income $ (40,618) $ 72,815
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Loss on extinguishment of debt, net 0 351
Loss on sale or write down of assets, net 28,784 15,506
Depreciation and amortization 246,500 251,946
Amortization of premium on mortgage notes payable (695) (696)
Amortization of share and unit-based plans 10,990 9,755
Straight-line rent and amortization of above and below market leases (3,917) (12,447)
Provision for doubtful accounts 39,248 6,767
Income tax (benefit) expense (684) 1,703
Equity in loss (income) of unconsolidated joint ventures 16,988 (34,082)
Distributions of income from unconsolidated joint ventures 0 844
Change in fair value of financing arrangement obligation (96,793) (70,977)
Changes in assets and liabilities, net of dispositions:    
Tenant and other receivables (124,004) 4,683
Other assets 5,470 3,942
Due from affiliates (11,628) 10,424
Accounts payable and accrued expenses 27,173 13,105
Other accrued liabilities (31,687) (1,662)
Net cash provided by operating activities 65,127 271,977
Cash flows from investing activities:    
Development, redevelopment, expansion and renovation of properties (46,421) (104,905)
Property improvements (18,005) (21,114)
Proceeds from repayment of notes receivable 0 65,791
Deferred leasing costs (2,247) (10,885)
Distributions from unconsolidated joint ventures 28,178 235,811
Contributions to unconsolidated joint ventures (100,618) (149,368)
Proceeds from sale of assets 16,315 1,245
Net cash (used in) provided by investing activities (122,798) 16,575
Cash flows from financing activities:    
Proceeds from mortgages, bank and other notes payable 660,000 1,076,000
Payments on mortgages, bank and other notes payable (20,830) (1,016,099)
Payment on financing arrangement obligation 0 (27,945)
Deferred financing costs (2,582) (2,921)
Proceeds from finance lease 4,115 0
Payments on finance leases (1,534) (1,472)
Proceeds from share and unit-based plans 852 819
Redemption of noncontrolling interests (28) (51)
Contribution from noncontrolling interests 450 460
Dividends and distributions (155,187) (359,376)
Net cash provided by (used in) financing activities 485,256 (330,585)
Net increase (decrease) in cash, cash equivalents and restricted cash 427,585 (42,033)
Cash, cash equivalents and restricted cash, beginning of period 114,216 149,301
Cash, cash equivalents and restricted cash, end of period 541,801 107,268
Supplemental cash flow information:    
Cash payments for interest, net of amounts capitalized 137,992 156,700
Non-cash investing and financing transactions:    
Accrued development costs included in accounts payable and accrued expenses and other accrued liabilities 18,549 43,348
Conversion of Operating Partnership Units to common stock 12,086 1,005
Stock dividend $ 56,609 $ 0