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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities:    
Net (loss) income $ (71,792) $ (17,996)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Loss on sale or write down of assets, net 25,210 40,570
Depreciation and amortization 162,603 165,751
Amortization of premium on mortgage notes payable 0 (464)
Amortization of share and unit-based plans 7,460 7,493
Straight-line rent and amortization of above and below market leases (11,318) 1,353
(Recovery of) provision for doubtful accounts (5,907) 28,690
Income tax expense (benefit) 9,345 (1,790)
Equity in (income) loss of unconsolidated joint ventures (21,945) 4,475
Change in fair value of financing arrangement obligation (2,302) (81,291)
Changes in assets and liabilities, net of dispositions:    
Tenant and other receivables 81,168 (121,649)
Other assets 9,480 (10,551)
Due from affiliates (3,200) (5,273)
Accounts payable and accrued expenses (15,426) 13,037
Other accrued liabilities (50,349) (37,737)
Net cash provided by (used in) operating activities 113,027 (15,382)
Cash flows from investing activities:    
Development, redevelopment, expansion and renovation of properties (35,560) (35,780)
Property improvements (16,107) (15,787)
Proceeds from repayment of notes receivable 1,300 0
Deferred leasing costs (1,176) (1,581)
Distributions from unconsolidated joint ventures 45,978 24,139
Contributions to unconsolidated joint ventures (39,487) (80,413)
Proceeds from sale of assets 149,993 331
Net cash provided by (used in) investing activities 104,941 (109,091)
Cash flows from financing activities:    
Proceeds from mortgages, bank and other notes payable 495,000 660,000
Payments on mortgages, bank and other notes payable (1,632,572) (16,138)
Deferred financing costs (22,228) (189)
Proceeds from finance lease 0 4,115
Payments on finance leases (1,102) (289)
Net proceeds from stock offerings 791,425 0
Proceeds from share and unit-based plans 595 852
Redemption of noncontrolling interests (1) (18)
Contribution from noncontrolling interests 124 125
Dividends and distributions (68,542) (130,537)
Net cash (used in) provided by financing activities (437,301) 517,921
Net (decrease) increase in cash, cash equivalents and restricted cash (219,333) 393,448
Cash, cash equivalents and restricted cash, beginning of period 482,659 114,216
Cash, cash equivalents and restricted cash, end of period 263,326 507,664
Supplemental cash flow information:    
Cash payments for interest, net of amounts capitalized 113,484 100,237
Non-cash investing and financing transactions:    
Accrued development costs included in accounts payable and accrued expenses and other accrued liabilities 22,378 20,564
Conversion of Operating Partnership Units to common stock 22,218 11,677
Accrued receivable of net proceeds from stock offering $ 14,629 $ 0