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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:      
Net (loss) income $ (65,079) $ 16,163 $ (245,462)
Adjustments to reconcile net (loss) income to net cash provided by operating activities:      
Loss on extinguishment of debt 0 1,007 0
Loss on remeasurement of assets 0 0 163,298
(Gain) loss on sale or write down of assets, net (7,698) (75,740) 68,112
Depreciation and amortization 302,480 324,403 326,058
Amortization of net premium on mortgage notes payable 0 0 (773)
Amortization of share and unit-based plans 17,638 14,273 13,843
Straight-line rent and amortization of above and below market leases, net (1,271) (7,691) (23,707)
(Recovery of) provision for doubtful accounts (656) (6,390) 44,250
Income tax expense (benefit) 705 6,948 (447)
Equity in loss (income) of unconsolidated joint ventures 5,256 (15,689) 27,038
Change in fair value of financing arrangement obligation 24,233 (15,390) (139,522)
Distributions of income from unconsolidated joint ventures 1,532 48 0
Changes in assets and liabilities, net of acquisitions and dispositions:      
Tenant and other receivables 6,610 62,421 (105,947)
Other assets (13,246) 14,876 810
Due (from) to affiliates (3,626) 1,939 3,385
Accounts payable and accrued expenses (382) (6,746) 15,479
Other accrued liabilities 71,014 (28,064) (21,578)
Net cash provided by operating activities 337,510 286,368 124,837
Cash flows from investing activities:      
Acquisition of property (24,544) 0 0
Development, redevelopment, expansion and renovation of properties (42,153) (77,686) (45,161)
Property improvements (52,640) (30,521) (23,143)
Proceeds from collection of notes receivable 0 1,300 0
Deferred leasing costs (3,111) (2,720) (3,212)
Distributions from unconsolidated joint ventures 131,306 93,927 78,427
Contributions to unconsolidated joint ventures (81,718) (86,846) (132,466)
Cash and restricted cash acquired from acquisition of previously unconsolidated joint venture 0 0 5,811
Loan to previously unconsolidated joint venture 0 0 (100,000)
Proceeds from collection of receivable in connection with sale of joint venture property 21,000 0 0
Proceeds from sale of assets 50,458 337,514 16,896
Net cash (used in) provided by investing activities (1,402) 234,968 (202,848)
Cash flows from financing activities:      
Proceeds from mortgages, bank and other notes payable 205,000 520,000 660,000
Payments on mortgages, bank and other notes payable (334,075) (2,020,395) (33,972)
Deferred financing costs (6,446) (22,872) (4,320)
Proceeds from finance lease 0 0 4,115
Payments on finance leases (1,923) (1,849) (1,534)
Proceeds from share and unit-based plans 1,741 1,348 1,531
(Costs) proceeds from stock offerings, net (183) 830,241 0
Redemption of noncontrolling interests (328) (178) (29)
Contributions from noncontrolling interests 602 128 525
Dividends and distributions (186,328) (143,447) (179,862)
Net cash (used in) provided by financing activities (321,940) (837,024) 446,454
Net increase (decrease) in cash, cash equivalents and restricted cash 14,168 (315,688) 368,443
Cash and cash equivalents and restricted cash at beginning of year 166,971 482,659 114,216
Cash and cash equivalents and restricted cash at end of year 181,139 166,971 482,659
Supplemental cash flow information:      
Cash payments for interest, net of amounts capitalized 180,321 204,221 199,147
Non-cash investing and financing activities:      
Accrued development costs included in accounts payable and accrued expenses and other accrued liabilities 35,334 18,279 29,376
Conversion of Operating Partnership Units to common stock 2,700 48,807 12,086
Receivable in connection with sale of joint venture property 0 21,000 0
Lease liabilities recorded in connection with right-of-use assets 0 0 0
Joint venture      
Adjustments to reconcile net (loss) income to net cash provided by operating activities:      
Equity in loss (income) of unconsolidated joint ventures 5,256 (15,689) 27,038
Non-cash investing and financing activities:      
Assets acquired from previously unconsolidated joint venture 23,554 0 395,844
Liabilities assumed from previously unconsolidated joint venture 0 0 263,393
Property distribution from unconsolidated joint venture $ 0 $ 0 $ 19,300