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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash flows from operating activities:    
Net income $ 76,236 $ 40,833
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation 85,058 76,798
Amortization of deferred financing fees and debt discounts 3,011 2,068
Straight line rental income (3,938) (3,698)
Amortization of acquired real estate leases and other intangible assets 153 1,935
Loss on early extinguishment of debt   105
Impairment of assets 334 33,571
Gain on sale of properties (2,552)  
Equity in earnings of an investee (21) (155)
Change in assets and liabilities:    
Restricted cash 1,555 (2,973)
Other assets 7,007 1,135
Accrued interest 4,562 (63)
Other liabilities 7,597 1,376
Cash provided by operating activities 179,002 150,932
Cash flows from investing activities:    
Real estate acquisitions and deposits (1,143,340) (76,006)
Real estate improvements (37,334) (22,669)
Investment in Affiliates Insurance Company (825)  
Proceeds from sale of properties 17,900  
Cash used for investing activities (1,163,599) (98,675)
Cash flows from financing activities:    
Proceeds from issuance of common shares, net 322,864 261,813
Proceeds from issuance of unsecured senior notes, net of discount 648,914  
Proceeds from unsecured term loan 350,000  
Proceeds from borrowings on revolving credit facility 90,000 45,000
Repayments of borrowings on revolving credit facility (190,000) (205,000)
Repayment of other debt (42,201) (16,662)
Payment of deferred financing fees (8,038) (248)
Distributions to shareholders (146,783) (142,206)
Cash provided by (used for) financing activities 1,024,756 (57,303)
Increase (decrease) in cash and cash equivalents 40,159 (5,046)
Cash and cash equivalents at beginning of period 39,233 42,382
Cash and cash equivalents at end of period 79,392 37,336
Supplemental cash flow information:    
Interest paid 55,439 57,126
Income taxes paid 106 516
Non-cash investing activities:    
Acquisitions funded by assumed debt (15,630) (12,266)
Non-cash financing activities:    
Assumption of mortgage notes payable 15,630 12,266
Issuance of common shares $ 1,511 $ 929