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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Dec. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES          
Net loss $ (5,237) $ (2,270) $ (2,301) $ (6,430)  
Adjustments to reconcile net loss to net cash provided by operating activities:          
Depreciation and amortization     60,637 58,079  
Distributions of operating income from unconsolidated affiliates     5,378 10,210  
Equity in earnings and gains of unconsolidated affiliates (3,559) (5,019) (5,830) (6,703)  
Stock compensation expense     5,442 6,113  
Amortization of financing costs     3,903 2,743  
Impairment charge 1,400   1,400    
Gain on disposition of properties   (33) (2,014) (33)  
Other, net     (6,979) (4,450)  
Changes in assets and liabilities:          
Other liabilities     (8,499) 680  
Prepaid expenses and other assets     8,583 (1,883)  
Rents receivable     742 (4,252)  
Accounts payable and accrued expenses     1,767 (5,038)  
Net cash provided by operating activities     62,229 49,036  
CASH FLOWS FROM INVESTING ACTIVITIES          
Acquisition of real estate     (138,716) (46,171)  
Development, construction and property improvement costs     (55,872) (41,937)  
Issuance of or advances on notes receivable       (3,002)  
Proceeds from the disposition of properties, net     12,252 25,218  
Investments in and advances to unconsolidated affiliates and other     (99,592) (2,265)  
Return of capital from unconsolidated affiliates and other     36,423 19,512  
Proceeds from notes receivable     15,250 26,000  
Return of deposits for properties under contract     568 1,750  
Payment of deferred leasing costs     (3,831) (1,645)  
Net cash used in investing activities     (233,518) (22,540)  
CASH FLOWS FROM FINANCING ACTIVITIES          
Principal payments on mortgage and other notes     (122,492) (48,272)  
Principal payments on unsecured debt     (200,900) (519,300)  
Proceeds received on mortgage and other notes     131,459 119,752  
Proceeds from unsecured debt     327,300 482,300  
Payments for repurchase of Common Shares       (55,057)  
Payments of finance lease obligations     (1,500)    
Proceeds from the sale of Common Stock, net     75,115    
Capital contributions from noncontrolling interests     32,191 6,550  
Distributions to noncontrolling interests     (8,424) (19,004)  
Dividends paid to Common Shareholders     (45,994) (44,863)  
Deferred financing and other costs     (4,147) (3,185)  
Net cash provided by (used in) financing activities     182,608 (81,079)  
Increase (decrease) in cash and restricted cash     11,319 (54,583)  
Cash of $21,268 and $74,823 and restricted cash of $13,580 and $10,846, respectively, beginning of period     34,848 85,669 $ 85,669
Cash of $33,749 and $17,330 and restricted cash of $12,418 and $13,756, respectively, end of period $ 46,167 $ 31,086 46,167 31,086 $ 34,848
Supplemental disclosure of cash flow information          
Cash paid during the period for interest, net of capitalized interest of $5,326 and $2,836 respectively     35,385 29,219  
Cash paid for income taxes, net of refunds     258    
Supplemental disclosure of non-cash investing and financing activities          
Assumption of accounts payable and accrued expenses through acquisition of real estate     1,796 425  
Right-of-use assets, finance leases obtained in exchange for finance lease liabilities     16,349    
Right-of-use assets, finance leases obtained in exchange for assets under capital lease     76,965    
Right-of-use assets, operating leases obtained in exchange for operating lease liabilities     57,165    
Capital lease obligation exchanged for finance lease liability     71,111    
Other liabilities exchanged for operating lease liabilities     946    
Assumption of debt through investments in unconsolidated affiliates     $ 4,688    
Acquisition of undivided interest in a property through conversion of notes receivable       $ 22,201