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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Dec. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES          
Net (loss) income $ (2,597) $ 13,285 $ (9,027) $ 39,364  
Adjustments to reconcile net (loss) income to net cash provided by operating activities:          
Gain on disposition of properties (5,107) (12,972) (5,140) (12,972)  
Depreciation and amortization     86,755 77,245  
Distributions of operating income from unconsolidated affiliates     12,906 13,727  
Equity in earnings and gains of unconsolidated affiliates (376) (4,001) (7,079) (21,044)  
Stock compensation expense     8,332 9,129  
Amortization of financing costs     4,350 3,996  
Impairment charge   3,840   3,840  
Other, net     (6,331) (8,435)  
Changes in assets and liabilities:          
Other liabilities     (61) (1,556)  
Prepaid expenses and other assets     (4,860) (8,723)  
Rents receivable, net     (7,452) (6,646)  
Accounts payable and accrued expenses     (5,210) (736)  
Net cash provided by operating activities     67,183 87,189  
CASH FLOWS FROM INVESTING ACTIVITIES          
Acquisition of real estate     (104,902) (138,429)  
Development, construction and property improvement costs     (66,238) (84,554)  
Issuance of or advances on notes receivable     (3,002) (10,449)  
Proceeds from the disposition of properties, net     52,759 47,025  
Investments in and advances to unconsolidated affiliates     (3,481) (4,555)  
Return of capital from unconsolidated affiliates and other     23,777 31,720  
Proceeds from notes receivable     26,000 12,000  
Return of deposits for properties under contract     1,750    
Payment of deferred leasing costs     (2,981) (5,381)  
Net cash used in investing activities     (76,318) (152,623)  
CASH FLOWS FROM FINANCING ACTIVITIES          
Principal payments on mortgage and other notes     (69,050) (130,736)  
Principal payments on unsecured debt     (578,600) (143,215)  
Proceeds received on mortgage and other notes     122,332 120,252  
Proceeds from unsecured debt     578,800 267,200  
Payments for repurchase of Common Shares     (55,057) 0  
Capital contributions from noncontrolling interests     46,990 20,522  
Distributions to noncontrolling interests     (29,731) (12,813)  
Dividends paid to Common Shareholders     (66,869) (77,770)  
Deferred financing and other costs     (3,316) (4,987)  
Net cash (used in) provided by financing activities     (54,501) 38,453  
Decrease in cash and restricted cash     (63,636) (26,981)  
Cash of $74,823 and $71,805 and restricted cash of $10,846 and $22,904, respectively, beginning of period     85,669 94,709 $ 94,709
Cash of $9,525 and $48,255 and restricted cash of $12,508 and $19,473, respectively, end of period $ 22,033 $ 67,728 22,033 67,728 $ 85,669
Supplemental disclosure of cash flow information          
Cash paid during the period for interest, net of capitalized interest of $4,366 and $12,246 respectively     45,251 39,626  
Cash paid for income taxes, net of (refunds)     1,227 773  
Supplemental disclosure of non-cash investing activities          
Assumption of accounts payable and accrued expenses through acquisition of real estate     1,014 2,161  
Acquisition of real estate through conversion of note receivable     0 9,142  
Acquisition of undivided interest in a property through conversion of notes receivable     $ 22,201 $ 16,005