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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 24,754 $ 28,272
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 67,229 68,684
Gain on disposition of properties and other investments 0 (42,504)
Net unrealized holding losses (gains) on investments 346 13,114
Stock compensation expense 7,630 6,358
Straight-line rents (1,518) (5,546)
Equity in earnings of unconsolidated affiliates 1,408 (4,410)
Distributions of operating income from unconsolidated affiliates 1,789 6,761
Adjustments to straight-line rent reserves 0 (462)
Amortization of financing costs 3,093 2,498
Non-cash lease expense 1,800 1,718
Adjustments to allowance for credit loss 0 (1,387)
Acceleration of below market lease (8,057) 0
Other, net (2,881) (4,155)
Changes in assets and liabilities:    
Rents receivable 3,548 3,863
Other liabilities 1,895 (2,715)
Accounts payable and accrued expenses (3,523) (3,834)
Prepaid expenses and other assets (6,193) 233
Lease liability - operating leases (1,825) (1,729)
Net cash provided by operating activities 89,495 64,759
CASH FLOWS FROM INVESTING ACTIVITIES    
Acquisitions of real estate 0 (242,633)
Proceeds from the disposition of properties and other investments, net 0 156,783
Investments in and advances to unconsolidated affiliates (29,114) (99,946)
Development, construction and property improvement costs (30,570) (25,281)
(Payment) refund of deposits for properties under purchase contract (995) 350
Change in control of previously unconsolidated affiliate 0 3,592
Return of capital from unconsolidated affiliates 38,097 57,581
Payment of deferred leasing costs (4,071) (3,807)
Acquisition of investment interests 0 (4,527)
Proceeds from repayment of notes receivable 0 16,000
Net cash used in investing activities (26,653) (141,888)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from unsecured debt 95,699 574,783
Principal payments on unsecured debt (133,109) (535,927)
Proceeds from the sale of Common Shares 0 119,485
Capital contributions from noncontrolling interests 31,242 99,852
Principal payments on mortgage and other notes (61,153) (114,800)
Distributions to noncontrolling interests (29,834) (49,878)
Dividends paid to Common Shareholders (34,252) (30,407)
Proceeds received on mortgage and other notes 67,702 43,037
Deferred financing and other costs (1,840) (3,125)
Acquisition of noncontrolling interest 0 (18,506)
Net cash provided by financing activities (65,545) 84,514
(Decrease) increase in cash and restricted cash (2,703) 7,385
Cash of $17,158 and $17,746 and restricted cash of $15,063 and $9,813 respectively, beginning of period 32,221 27,559
Cash of $17,193 and $23,921 and restricted cash of $12,325 and $11,023 respectively, end of period 29,518 34,944
Supplemental disclosure of cash flow information    
Cash paid during the period for interest, net of capitalized interest of $3,913 and $1,313 respectively 55,349 22,189
Cash paid for income taxes, net of (refunds) 123 183
Supplemental disclosure of non-cash investing and financing activities    
Distribution declared and payable on July 14, 2023 and July 15, 2022, respectively 18,378 18,172
Assumption of accounts payable and accrued expenses through acquisition of real estate 0 4,062
Issuance of note receivable used as capital contributions from redeemable noncontrolling interests 796 0
Accrued interest on note receivable recorded to noncontrolling interest 4,653 0
Distributions to noncontrolling interests of marketable securities 49,117 0
Reclassification of investment in unconsolidated affiliate to marketable securities 32,745 0
Reclassification of noncontrolling interest in excess of amount paid to additional paid-in capital 0 22,870
Change in control of previously unconsolidated investment    
Increase in real estate 0 (55,791)
Increase in mortgage notes payable 0 35,970
Decrease in investments in and advances to unconsolidated affiliates 0 17,822
Decrease in notes receivable 0 5,306
Decrease in reserve on note receivable 0 (4,582)
Decrease in accrued interest on notes receivable 0 4,691
Change in other assets and liabilities 0 176
Increase in cash and restricted cash upon change of control $ 0 $ 3,592