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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities:    
Net income $ 66,342 $ 57,981
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 77,906 71,096
Amortization of above and below-market leases, net (3,990) (4,638)
Amortization of debt premiums, discounts and financing costs 797 947
Straight-line rental income (3,237) (1,418)
Provision for asset impairment 3,510 16,440
Gain on sale of investment properties, net (51,741) (31,749)
Gain on extinguishment of debt, net (10,693) (838)
Equity in losses (earnings) of unconsolidated entities 2,795 (1,895)
Distributions from unconsolidated entities 5,069 351
Realized and unrealized investment gains, net (236) (30,940)
Non-cash stock-based compensation, net 3,187 4,007
Changes in assets and liabilities:    
Accounts and rents receivable, net 400 1,682
Deferred costs and other assets 3,742 6,326
Accounts payable and accrued expenses 7,862 3,988
Other liabilities (22) 3,546
Net cash provided by operating activities 101,691 94,886
Cash flows from investing activities:    
Purchase of investment properties (149,781) (517,061)
Acquired in-place and market lease intangibles, net (8,935) (50,207)
Capital expenditures and tenant improvements (17,636) (20,278)
Investment in development projects (2,028) 0
Proceeds from sale and transfer of investment properties, net 254,424 197,843
Proceeds from sale of marketable securities, net 3,609 140,171
Contributions to unconsolidated entities (2,761) (6,109)
Distributions from unconsolidated entities 282 1,285
Lease commissions and other leasing costs (5,353) (2,201)
Other assets (89) 998
Other liabilities (330) (1,124)
Net cash provided by (used in) investing activities 71,402 (256,683)
Cash flows from financing activities:    
Shares repurchased (98,666) 0
Distributions (41,164) (39,917)
Refund received of excess funds associated with 2016 tender offer 0 1,929
Proceeds from debt 52,000 0
Pay-offs of debt (68,096) (104,032)
Principal payments of mortgage debt (1,617) 0
Principal payments of mortgage debt (1,423) (1,022)
Payment of loan fees and deposits (619) (343)
Net cash used in financing activities (159,585) (143,385)
Net increase (decrease) in cash, cash equivalents, and restricted cash 13,508 (305,182)
Cash, cash equivalents, and restricted cash at beginning of period 171,878 417,325
Cash, cash equivalents, and restricted cash at end of period 185,386 112,143
Reconciliation of cash, cash equivalents, and restricted cash to condensed consolidated balance sheets:    
Cash and cash equivalents 157,351 102,810
Restricted cash 28,035 9,333
Cash, cash equivalents, and restricted cash at end of period 185,386 112,143
Cash flow disclosure, including non-cash activities:    
Cash paid for interest 18,504 23,973
Cash paid for income taxes, net of refunds of $138 and $509 1,040 684
Distributions payable 13,030 13,440
Recognition of partially deferred gains on property sales 12,756 0
Accrued capital expenditures and tenant improvements 5,207 1,706
Accrued investment in re-development projects 362 0
Accrued lease commissions and other leasing costs 410 218
Accrued common stock repurchase costs 565 0
Purchase of investment properties:    
Net investment properties 150,477 570,403
Accounts receivable, lease intangibles, and deferred costs and other assets 14,121 69,214
Accounts payable, accrued expenses, lease intangibles, and other liabilities (5,882) (30,632)
Assumption of mortgage debt upon acquisition of investment property 0 (41,717)
Cash outflow for purchase of investment properties 158,716 567,268
Assumption of mortgage principal 0 41,000
Capitalized acquisition costs (260) (1,692)
Construction escrow accounts 467 14,568
Credits and other changes in cash outflow, net 877 2,567
Accrued contingent consideration 0 9,714
Gross acquisition price of investment properties 159,800 633,425
Sale and transfer of investment properties:    
Net investment properties 251,383 166,724
Accounts receivable, lease intangibles, and deferred costs and other assets 10,077 5,597
Accounts payable, accrued expenses, lease intangibles, and other liabilities (10,289) (3,682)
Debt extinguished through transfer of properties (44,331) (3,383)
Debt extinguished through disposition of properties (14,854) 0
Gain on sale and transfer of investment properties, net 51,741 31,749
Gain on extinguishment of debt, net (10,697) (838)
Proceeds from sale and transfer of investment properties, net 254,424 197,843
Transfer of mortgage principal to buyer 16,600 0
Surrender of mortgage escrows for transferred properties 2,160 8,071
Credits and other changes in cash inflow, net 9,766 216
Gross disposition price of investment properties $ 282,950 $ 206,130