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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash flows from operating activities:    
Net income $ 57,395 $ 36,016
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 48,166 46,838
Amortization of above and below-market leases, net (2,830) (2,964)
Amortization of debt premiums, discounts and financing costs 544 668
Straight-line rental income (2,243) (1,125)
Provision for asset impairment 797 16,440
Gain on sale of investment properties, net (38,265) (14,381)
Gain on extinguishment of debt, net (10,697) (882)
Equity in losses (earnings) of unconsolidated entities 2,752 (1,247)
Distributions from unconsolidated entities 3,880 351
Realized and unrealized investment income, net (223) (30,869)
Non-cash share based compensation, net 2,084 2,411
Changes in assets and liabilities:    
Accounts and rents receivable 2,310 190
Deferred costs and other assets 3,070 1,140
Accounts payable and accrued expenses (2,431) (4,642)
Other liabilities 963 12,315
Net cash provided by operating activities 65,272 60,259
Cash flows from investing activities:    
Purchase of investment properties (143,216) (216,692)
Acquired in-place and market lease intangibles, net (8,544) (17,651)
Capital expenditures and tenant improvements (9,433) (13,025)
Investment in development projects (1,650) 0
Proceeds from sale and transfer of investment properties, net 186,778 96,468
Proceeds from sale of marketable securities, net 3,610 136,696
Contributions to unconsolidated entities (1,841) (3,189)
Distributions from unconsolidated entities 282 600
Lease commissions and other leasing costs (3,526) (1,759)
Other assets (167) 688
Other liabilities 486 (994)
Net cash provided by (used in) investing activities 22,779 (18,858)
Cash flows from financing activities:    
Distributions (27,301) (26,477)
Refund received of excess funds associated with 2016 tender offer 0 1,929
Payoffs of debt (16,100) 0
Principal payments of mortgage debt (1,617) 0
Principal payments of mortgage debt (939) (623)
Payment of loan fees and deposits (429) (293)
Net cash used in financing activities (46,386) (25,464)
Net increase in cash, cash equivalents, and restricted cash 41,665 15,937
Cash, cash equivalents, and restricted cash at beginning of period 171,878 417,325
Cash, cash equivalents, and restricted cash at end of period 213,543 433,262
Reconciliation of cash, cash equivalents, and restricted cash to condensed consolidated balance sheets:    
Cash and cash equivalents 185,703 366,237
Restricted cash 27,840 67,025
Cash, cash equivalents, and restricted cash at end of period 213,543 433,262
Cash flow disclosure, including non-cash activities:    
Cash paid for interest 12,650 16,257
Cash paid for income taxes, net of refunds of $140 and $539 979 344
Distributions payable 13,863 13,440
Recognition of partially deferred gains on property sales 12,756  
Accrued capital expenditures and tenant improvements 2,224  
Accrued investment in development projects 21 0
Accrued lease commissions and other leasing costs 397 276
Purchase of investment properties:    
Net investment properties 143,644 263,188
Accounts receivable, lease intangibles, and deferred costs and other assets 13,567 26,089
Accounts payable, lease intangibles, and other liabilities (5,451) (8,960)
Assumption of mortgage debt upon acquisition of investment property 0 (41,717)
Cash outflow for purchase of investment properties 151,760 238,600
Assumption of mortgage principal 0 41,000
Capitalized acquisition costs (200) (1,168)
Construction escrow accounts 278 10,565
Credits and other changes in cash outflow, net 462 903
Gross acquisition price of investment properties 152,300 289,900
Sale and transfer of investment properties:    
Net investment properties 198,586 85,359
Accounts receivable, lease intangibles, and deferred costs and other assets 7,517 1,885
Accounts payable, lease intangibles, and other liabilities (9,102)  
Debt extinguished through transfer of properties (44,331) (3,352)
Debt extinguished through disposition of properties (14,854) 0
Gain on sale and transfer of investment properties, net 38,265 14,381
Gain on extinguishment of debt, net 10,697 882
Proceeds from sale and transfer of investment properties, net 186,778 96,468
Assumption of mortgage principal 16,600 0
Surrender of mortgage escrows for transferred properties 2,160 216
Credits and other changes in cash inflow, net 7,412 2,646
Gross disposition price of investment properties $ 212,950 $ 99,330