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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Net cash provided by operating activities: $ 105,966 $ 116,920
Cash flows from investing activities:    
Acquisition of real estate, including intangible assets (152,474) (27,197)
Investment in real estate under construction (76,933) (65,102)
Capital expenditures (8,548) (1,256)
Net proceeds from sale of properties 148,960 131,985
Net proceeds from sale of non-consolidated investment 6,127 0
Principal payments received on loans receivable 89,243 141
Investments in and advances to non-consolidated entities (4,068) (25,005)
Distributions from non-consolidated entities in excess of accumulated earnings 425 7,061
Increase in deferred leasing costs (3,056) (4,707)
Change in restricted cash (6,607) (2,130)
Change in real estate deposits, net 11,683 (68)
Net cash provided by investing activities 4,752 13,722
Cash flows from financing activities:    
Dividends to common and preferred shareholders (85,895) (82,229)
Principal amortization payments (14,797) (12,499)
Principal payments on debt, excluding normal amortization (19,757) (58,942)
Retirement of convertible notes 0 (672)
Change in revolving credit facility borrowings, net 0 (54,000)
Payment of developer liabilities 0 (3,851)
Change in deferred financing costs (292) (2,176)
Proceeds of mortgages and notes payable 0 57,500
Change in restricted cash 1,572 0
Cash distributions to noncontrolling interests (1,755) (1,739)
Issuance of common shares, net 16,848 3,466
Repurchase of common shares 0 (8,973)
Net cash used in financing activities (104,076) (164,115)
Change in cash and cash equivalents 6,642 (33,473)
Cash and cash equivalents, at beginning of period 86,637 93,249
Cash and cash equivalents, at end of period 93,279 59,776
LCIF [Member]    
Net cash provided by operating activities: 21,180 25,402
Cash flows from investing activities:    
Acquisition of real estate, including intangible assets (24,317) 0
Investment in real estate under construction (20,894) (14,936)
Capital expenditures (3,814) (570)
Net proceeds from sale of properties 7,106 69,038
Investments in and advances to non-consolidated entities (1,067) 0
Distributions from non-consolidated entities in excess of accumulated earnings 219 285
Increase in deferred leasing costs (339) (505)
Change in restricted cash 5 (460)
Change in real estate deposits, net (17) 0
Net cash provided by investing activities (43,118) 52,852
Cash flows from financing activities:    
Distributions to partners (17,545) (33,707)
Principal amortization payments (525) (735)
Principal payments on debt, excluding normal amortization 0 (23,934)
Co-borrower debt payment 0 (15,000)
Change in deferred financing costs 0 (79)
Related party advances (payments), net 12,381 497
Net cash used in financing activities (5,689) (72,958)
Change in cash and cash equivalents (27,627) 5,296
Cash and cash equivalents, at beginning of period 52,031 19,130
Cash and cash equivalents, at end of period $ 24,404 $ 24,426