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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flows from operating activities:    
Net (loss) income $ (182,693) $ 21,955
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Loss (gain) on sale or write down of assets, net 97,106 (272,306)
Depreciation and amortization 280,406 221,716
Amortization of discount on mortgage notes payable 25,773 5,905
Amortization of share and unit-based plans 13,323 8,614
Straight-line rent and amortization of above and below market leases (4,799) 931
Provision for doubtful accounts 3,311 4,572
Income tax benefit (1,720) (421)
Equity in (income) loss of unconsolidated joint ventures (8,485) 205,044
Change in fair value of financing arrangement obligation 0 (13,795)
Changes in assets and liabilities, net of dispositions:    
Tenant and other receivables 21,314 37,605
Other assets 18,942 3,684
Due from affiliates 131 1,548
Accounts payable and accrued expenses 40,843 17,446
Other accrued liabilities (32,052) (13,925)
Net cash provided by operating activities 271,400 228,573
Cash flows from investing activities:    
Acquisitions of property (266,926) (41,829)
Development, redevelopment, expansion and renovation of properties (75,431) (78,342)
Property improvements (35,337) (42,435)
Deferred leasing costs (3,389) (3,798)
Distributions from unconsolidated joint ventures 73,408 69,315
Contributions to unconsolidated joint ventures (135,251) (37,008)
Cash acquired from acquisition of unconsolidated joint ventures 0 7,373
Derecognition of cash previously held by a consolidated joint venture to an unconsolidated joint venture 0 (13,005)
Proceeds from sale of assets 124,760 122,358
Net cash used in investing activities (318,166) (17,371)
Cash flows from financing activities:    
Proceeds from mortgages, bank and other notes payable 599,100 400,000
Payments on mortgages, bank and other notes payable (247,026) (588,636)
Deferred financing costs (5,397) (6,193)
Payments on finance leases (4,408) (6,197)
Proceeds from stock offerings, net 48,406 148,558
Employee stock purchases 1,251 1,021
Redemption of noncontrolling interests (4) 0
Dividends and distributions (142,032) (120,071)
Net cash provided by (used in) financing activities 249,890 (171,518)
Net increase in cash, cash equivalents and restricted cash 203,124 39,684
Cash, cash equivalents and restricted cash, beginning of period 177,479 190,294
Cash, cash equivalents and restricted cash, end of period 380,603 229,978
Supplemental cash flow information:    
Cash payments for interest, net of amounts capitalized 156,253 135,617
Non-cash investing and financing transactions:    
Accrued development costs included in accounts payable and accrued expenses and other accrued liabilities 49,996 36,453
Derecognition of previously consolidated property and related liabilities to investment in unconsolidated joint venture 0 347,290
Conversion of Operating Partnership Units to common stock 5,762 11,208
Assets acquired from unconsolidated joint venture 0 621,701
Liabilities assumed from unconsolidated joint venture $ 0 $ 558,439