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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash flows from operating activities:    
Net income (loss) $ 41,167 $ (40,618)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Loss on extinguishment of debt 1,007 0
(Gain) loss on sale or write down of assets, net (93,356) 28,784
Depreciation and amortization 241,450 246,500
Amortization of premium on mortgage notes payable 0 (695)
Amortization of share and unit-based plans 10,868 10,990
Straight-line rent and amortization of above and below market leases (9,429) (3,917)
(Recovery of) provision for doubtful accounts (4,269) 39,248
Income tax expense (benefit) 9,452 (684)
Equity in (income) loss of unconsolidated joint ventures (20,212) 16,988
Distributions of income from unconsolidated joint ventures 48 0
Change in fair value of financing arrangement obligation (12,608) (96,793)
Changes in assets and liabilities, net of dispositions:    
Tenant and other receivables 77,748 (124,004)
Other assets 22,133 5,470
Due from affiliates (1,365) (11,628)
Accounts payable and accrued expenses (6,992) 27,173
Other accrued liabilities (44,009) (31,687)
Net cash provided by operating activities 211,633 65,127
Cash flows from investing activities:    
Development, redevelopment, expansion and renovation of properties (52,788) (46,421)
Property improvements (27,906) (18,005)
Proceeds from repayment of notes receivable 1,300 0
Deferred leasing costs (1,878) (2,247)
Distributions from unconsolidated joint ventures 70,955 28,178
Contributions to unconsolidated joint ventures (56,577) (100,618)
Proceeds from sale of assets 323,018 16,315
Net cash provided by (used in) investing activities 256,124 (122,798)
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 (1,973,668) (20,830)
Deferred financing costs (22,813) (2,582)
Proceeds from finance lease 0 4,115
Payments on finance leases (1,848) (1,534)
Net proceeds from stock offerings 829,874 0
Proceeds from share and unit-based plans 595 852
Redemption of noncontrolling interests (60) (28)
Contribution from noncontrolling interests 128 450
Dividends and distributions (104,514) (155,187)
Net cash (used in) provided by financing activities (777,306) 485,256
Net (decrease) increase in cash, cash equivalents and restricted cash (309,549) 427,585
Cash, cash equivalents and restricted cash, beginning of period 482,659 114,216
Cash, cash equivalents and restricted cash, end of period 173,110 541,801
Supplemental cash flow information:    
Cash payments for interest, net of amounts capitalized 161,474 137,992
Non-cash investing and financing transactions:    
Accrued development costs included in accounts payable and accrued expenses and other accrued liabilities 18,281 18,549
Conversion of Operating Partnership Units to common stock $ 22,218 $ 12,086