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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:    
Net income (loss) $ 134,053 $ (72,600)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Gain on sale or write down of assets, net (288,911) (14,058)
Depreciation and amortization 145,789 149,336
Amortization of discount on mortgage notes payable 2,067 0
Amortization of share and unit-based plans 5,189 9,865
Straight-line rent and amortization of above and below market leases 2,392 (373)
Provision for (recovery of) doubtful accounts 4,432 (1,647)
Income tax benefit (966) (1,511)
Equity in loss of unconsolidated joint ventures 130,113 68,770
Distributions of income from unconsolidated joint ventures 0 280
Change in fair value of financing arrangement obligation (13,795) (7,517)
Changes in assets and liabilities, net of dispositions:    
Tenant and other receivables 27,340 20,406
Other assets (5,432) 3,364
Due from affiliates 1,457 (2,446)
Accounts payable and accrued expenses 5,703 (3,095)
Other accrued liabilities (20,905) (10,053)
Net cash provided by operating activities 128,526 138,721
Cash flows from investing activities:    
Acquisitions of property (41,852) (46,687)
Development, redevelopment, expansion and renovation of properties (50,312) (32,724)
Property improvements (23,132) (35,367)
Deferred leasing costs (2,979) (3,368)
Distributions from unconsolidated joint ventures 57,698 186,057
Contributions to unconsolidated joint ventures (30,013) (37,238)
Cash acquired from acquisition of unconsolidated joint ventures 7,373 0
Derecognition of cash previously held by a consolidated joint venture to an unconsolidated joint venture (13,005) 0
Proceeds from sale of assets 12,872 28,244
Net cash (used in) provided by investing activities (83,350) 58,917
Cash flows from financing activities:    
Proceeds from mortgages, bank and other notes payable 289,996 500,000
Payments on mortgages, bank and other notes payable (257,922) (596,086)
Deferred financing costs (5,371) (16,494)
Payments on finance leases (1,242) (1,193)
Costs from stock offerings (66) (77)
Proceeds from share and unit-based plans 1,021 1,021
Dividends and distributions (80,232) (81,145)
Net cash used in financing activities (53,816) (193,974)
Net (decrease) increase in cash, cash equivalents and restricted cash (8,640) 3,664
Cash, cash equivalents and restricted cash, beginning of period 190,294 181,139
Cash, cash equivalents and restricted cash, end of period 181,654 184,803
Supplemental cash flow information:    
Cash payments for interest, net of amounts capitalized 91,503 94,686
Non-cash investing and financing transactions:    
Accrued development costs included in accounts payable and accrued expenses and other accrued liabilities 39,686 40,197
Derecognition of previously consolidated property and related liabilities to investment in unconsolidated joint venture 347,290 0
Conversion of Operating Partnership Units to common stock 5,970 0
Assets acquired from unconsolidated joint venture 621,701 46,713
Liabilities assumed from unconsolidated joint venture $ 558,439 $ 0