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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities:    
Net income (loss) $ 21,955 $ (344,565)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
(Gain) loss on sale or write down of assets, net (272,306) 135,229
Depreciation and amortization 221,716 223,735
Amortization of discount on mortgage notes payable 5,905 0
Amortization of share and unit-based plans 8,614 10,880
Straight-line rent and amortization of above and below market leases 931 50
Provision for (recovery of) doubtful accounts 4,572 (1,873)
Income tax (benefit) expense (421) 161
Equity in loss of unconsolidated joint ventures 205,044 176,235
Distributions of income from unconsolidated joint ventures 0 280
Change in fair value of financing arrangement obligation (13,795) (5,522)
Changes in assets and liabilities, net of dispositions:    
Tenant and other receivables 37,605 29,816
Other assets 3,684 14,757
Due from affiliates 1,548 (3,325)
Accounts payable and accrued expenses 17,446 14,677
Other accrued liabilities (13,925) (4,416)
Net cash provided by operating activities 228,573 246,119
Cash flows from investing activities:    
Acquisitions of property (41,829) (46,687)
Development, redevelopment, expansion and renovation of properties (78,342) (51,678)
Property improvements (42,435) (48,792)
Deferred leasing costs (3,798) (11,765)
Distributions from unconsolidated joint ventures 69,315 212,108
Contributions to unconsolidated joint ventures (37,008) (55,578)
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 122,358 34,707
Net cash (used in) provided by investing activities (17,371) 32,315
Cash flows from financing activities:    
Proceeds from mortgages, bank and other notes payable 400,000 684,000
Payments on mortgages, bank and other notes payable (588,636) (785,065)
Deferred financing costs (6,193) (28,813)
Payments on finance leases (6,197) (2,001)
Proceeds (costs) from stock offerings, net 148,558  
Proceeds (costs) from stock offerings, net   (399)
Proceeds from share and unit-based plans 1,021 1,021
Redemption of noncontrolling interests 0 (49)
Dividends and distributions (120,071) (120,133)
Net cash used in financing activities (171,518) (251,439)
Net increase in cash, cash equivalents and restricted cash 39,684 26,995
Cash, cash equivalents and restricted cash, beginning of period 190,294 181,139
Cash, cash equivalents and restricted cash, end of period 229,978 208,134
Supplemental cash flow information:    
Cash payments for interest, net of amounts capitalized 135,617 140,155
Non-cash investing and financing transactions:    
Accrued development costs included in accounts payable and accrued expenses and other accrued liabilities 36,453 39,849
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 11,208 828
Assets acquired from unconsolidated joint venture 621,701 46,713
Liabilities assumed from unconsolidated joint venture $ 558,439 $ 0