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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities:    
Net (loss) income $ (9,499) $ 34,232
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 22,862 24,830
Amortization of above and below-market leases and lease inducements, net (1,591) (1,502)
Amortization of debt premiums, discounts and financing costs, net 417 273
Straight-line rental income adjustment, net (1,126) (1,113)
Provision for asset impairment 0 797
Gain on sale and transfer of investment properties, net 0 (20,305)
Gain on extinguishment of debt 0 (10,751)
Provision for indemnification claims 13,500 0
Equity in (earnings) losses of unconsolidated entities (459) 2,041
Distributions from unconsolidated entities 1,841 2,503
Stock-based compensation, net 845 868
Realized and unrealized investment losses 0 13
Changes in assets and liabilities:    
Accounts and rents receivable, net 2,675 2,706
Deferred costs and other assets (3,958) 2,441
Accounts payable and accrued expenses (4,553) (10,228)
Other liabilities 524 512
Net cash provided by operating activities 21,478 27,317
Cash flows from investing activities:    
Purchase of investment properties (78,987) 0
Acquired in-place and market lease intangibles, net (6,413) 0
Capital expenditures and tenant improvements (5,965) (3,171)
Investment in development projects (1,909) (1,022)
Proceeds from sale and transfer of investment properties, net 0 119,825
Proceeds from sale of marketable securities 0 8
Contributions to unconsolidated entities 0 (20)
Distributions from unconsolidated entities 0 282
Lease commissions and other leasing costs (568) (1,402)
Other assets 270 (120)
Other liabilities (417) (108)
Net cash (used in) provided by investing activities (93,989) 114,272
Cash flows from financing activities:    
Distributions (13,029) (13,441)
Principal payments of mortgage debt (514) (461)
Payment of finance lease liabilities (117) 0
Payment of loan fees and deposits (134) 0
Net cash used in financing activities (13,794) (13,902)
Net (decrease) increase in cash, cash equivalents, and restricted cash (86,305) 127,687
Cash, cash equivalents, and restricted cash at beginning of period 264,853 171,878
Cash, cash equivalents, and restricted cash at end of period 178,548 299,565
Reconciliation of cash, cash equivalents, and restricted cash to condensed consolidated balance sheets:    
Cash, cash equivalents, and restricted cash at end of period 264,853 171,878
Cash flow disclosure, including non-cash activities:    
Cash paid for interest 5,164 6,445
Cash paid (refunded) for income taxes, net of refunds (payments) of $6 and ($8) 11 (683)
Cash paid for operating lease liabilities 215 0
Right-of-use assets obtained in exchange for operating lease liabilities 2,890 0
Lease liabilities arising from obtaining right-of-use assets 3,114 0
Distributions payable 13,405 13,860
Accrued investment in re-development projects 784 478
Accrued lease commissions and other leasing costs 351 136
Accrued tenant building construction 7,100 0
Purchase of investment properties:    
Net investment properties 79,433 0
Accounts and rents receivable, lease intangibles, and deferred costs and other assets 8,530 0
Accounts payable and accrued expenses, lease intangibles, and other liabilities (2,563) 0
Cash outflow for purchase of investment properties, net 85,400 0
Capitalized acquisition costs (608) 0
Credits and other changes in cash outflow, net 1,958 0
Gross acquisition price of investment properties 86,750 0
Sale and transfer of investment properties:    
Net investment properties 0 129,094
Accounts and rents receivable, lease intangibles, and deferred costs and other assets 0 5,375
Debt extinguished through transfer of properties 0 (38,273)
Gain on sale and transfer of investment properties, net 0 20,305
Gain on extinguishment of debt 0 (10,751)
Proceeds from sale and transfer of investment properties, net 0 119,825
Surrender of mortgage escrows for transferred properties 0 1,813
Credits and other changes in cash inflow, net 0 5,862
Gross disposition price of investment properties $ 0 $ 127,500