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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities:      
Net income $ 83,849 $ 61,793 $ 252,722
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 100,780 96,734 116,424
Amortization of above and below-market leases, net (5,534) (5,510) (4,255)
Amortization of debt premiums, discounts, and financing costs, net 1,048 1,219 5,206
Straight-line rental income (4,262) (2,202) 20
Provision for asset impairment 3,510 27,754 117,722
Gain on sale and transfer of investment properties, net (95,097) (34,181) (354,104)
(Gain) loss on extinguishment of debt, net (9,103) (838) 13,324
Equity in losses (earnings) and impairment, net, of unconsolidated entities 31,393 804 (9,319)
Distributions from unconsolidated entities 8,032 2,443 5,014
Gain on sale of investment in unconsolidated entity 0 0 (1,434)
Realized and unrealized investment (gains) losses and impairment, net (244) (46,563) (5,081)
Non-cash share-based compensation, net 4,330 3,355 2,178
Changes in assets and liabilities:      
Accounts and rents receivable, net (218) (1,048) (45)
Deferred costs and other assets 1,426 2,051 6,701
Accounts payable and accrued expenses 2,499 5,561 (8,129)
Other liabilities 2,248 6,780 (3,780)
Net cash provided by operating activities 124,657 118,152 133,164
Cash flows from investing activities:      
Purchase of investment properties (205,462) (539,242) (423,563)
Acquired in-place and market lease intangibles, net (15,369) (50,207) (25,584)
Capital expenditures and tenant improvements (27,233) (15,910) (13,721)
Investment in development and re-development projects (3,796) (3,630) (53,077)
Proceeds from sale and transfer of investment properties, net 430,514 233,686 1,580,994
Proceeds from sale of marketable securities, net 4,696 171,666 12,846
Proceeds from sale of and return of capital from unconsolidated entity 0 0 6,344
Contributions to unconsolidated entities (2,782) (6,875) (7,200)
Distributions from unconsolidated entities 745 1,592 10,433
Lease commissions and other leasing costs (6,029) (4,356) (3,836)
Other assets (127) 439 (2,402)
Other liabilities 257 3,749 (2,485)
Net cash provided by (used in) investing activities 175,414 (209,088) 1,078,749
Cash flows from financing activities:      
Payment of tax withholdings for share-based compensation (1,567) (2,192) (1,493)
Shares repurchased (98,447) 0 (241,016)
Distributions (54,194) (53,358) (98,606)
Refund received of excess funds associated with 2016 tender offer 0 1,929 0
Proceeds from debt 179,333 0 449,306
Payoffs of debt (221,358) (104,032) (1,072,166)
Debt prepayment penalties and defeasance costs (3,088) 0 (11,140)
Principal payments of mortgage debt (1,924) (1,390) (10,832)
Payment of loan fees and deposits (5,544) (368) (56)
Payment of capital lease liabilities (307) 0 0
Cash contribution to Highlands REIT, Inc. 0 0 (27,109)
Net cash used in financing activities (207,096) (159,411) (1,013,112)
Net increase (decrease) in cash, cash equivalents, and restricted cash 92,975 (250,347) 198,801
Cash, cash equivalents, and restricted cash at beginning of year 171,878 422,225 223,424
Cash, cash equivalents, and restricted cash at end of year 264,853 171,878 422,225
Reconciliation of cash, cash equivalents, and restricted cash to consolidated balance sheets:      
Cash, cash equivalents, and restricted cash at end of year 171,878 422,225 223,424
Supplemental disclosure of cash flow information:      
Cash paid for interest net of capitalized interest of $0, $0, and $1,147 for 2018, 2017, and 2016, respectively 24,096 31,196 56,980
Cash paid for income taxes, net of refunds of $1,703, $918, and $1,575 for 2018, 2017, and 2016, respectively 463 625 966
Distributions payable 13,029 13,441 13,041
Accrued lease commissions and other leasing costs 104 376 143
Accrued tenant building construction 4,690 0 0
Gross issuance of shares for share-based compensation 4,319 5,916 3,820
Net equity distributed to Highlands REIT, Inc. (net of cash and restricted cash contributed) 0 0 123,996
Purchase of investment properties:      
Net investment properties 206,763 582,660 439,335
Accounts and rents receivable, lease intangibles, and deferred costs and other assets 21,631 69,617 45,029
Accounts payable and accrued expenses, lease intangibles, and other liabilities (7,563) (21,111) (19,217)
Assumption of mortgage debt 0 (41,717) (16,000)
Cash outflow for purchase of investment properties, net 220,831 589,449 449,147
Assumption of mortgage principal 0 41,000 16,000
Capitalized acquisition costs (430) (1,911) (220)
Construction escrow accounts 975 1,649 0
Credits and other changes in cash outflow, net 1,224 3,238 250
Gross acquisition price of investment properties 222,600 633,425 465,177
Sale and transfer of investment properties:      
Net investment properties 382,241 200,399 1,372,795
Accounts and rents receivable, lease intangibles, and deferred costs and other assets 14,692 6,658 16,451
Debt extinguished through transfer of properties (44,331) (3,343) 0
Debt assumed by buyer through disposition of properties (16,395) 0 (129,051)
Settlement of derivative instrument through disposition of property 0 0 3,004
Gain on sale and transfer of investment properties, net 95,097 34,181 354,104
Gain (loss) on extinguishment of debt, net 9,157 838 (13,324)
Debt prepayment penalties and defeasance costs 3,088 0 11,140
Assumption of mortgage principal by buyer 16,600 0 131,189
Surrender of mortgage escrows for transferred properties 2,160 6,024 0
Credits and other changes in cash inflow, net 16,901 4,356 212,167
Gross disposition price of investment properties $ 466,175 $ 244,066 $ 1,924,350