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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Statement of Cash Flows [Abstract]    
Net income $ 237,405 $ 32,281
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 70,339 73,175
Amortization of debt issuance costs and debt discounts and premiums 1,411 1,459
Straight line rental income (2,993) (3,429)
Amortization of acquired real estate leases and other intangible assets (1,381) (1,291)
Loss on early extinguishment of debt 130 0
Gain on sale of properties (181,154) 0
Unrealized gains and losses on equity securities, net (27,241) 0
Other non-cash adjustments (943) (943)
Equity in earnings of an investee (44) (128)
Change in assets and liabilities:    
Other assets 3,097 3,901
Accrued interest 17,088 15,051
Other liabilities (31,680) (6,001)
Net cash provided by operating activities 84,034 114,075
Cash flows from investing activities:    
Real estate acquisitions and deposits (122,221) (14,326)
Real estate improvements (13,443) (30,171)
Proceeds from sale of properties 216,013 0
Net cash provided by (used in) investing activities 80,349 (44,497)
Cash flows from financing activities:    
Proceeds from issuance of senior unsecured notes, net 491,560 0
Proceeds from borrowings on revolving credit facility 316,000 94,000
Repayments of borrowings on revolving credit facility (857,000) (324,000)
Repayment of other debt (6,166) (2,929)
Loss on early extinguishment of debt settled in cash (130) 0
Payment of debt issuance costs (4,296) 0
Repurchase of common shares (90) 0
Proceeds from noncontrolling interest, net 0 255,813
Distributions to noncontrolling interest (5,667) 0
Distributions to shareholders (92,674) (92,642)
Net cash used in financing activities (158,463) (69,758)
Increase (decrease) in cash and cash equivalents and restricted cash 5,920 (180)
Cash and cash equivalents and restricted cash at beginning of period 47,321 35,578
Cash and cash equivalents and restricted cash at end of period 53,241 35,398
Supplemental cash flows information:    
Interest paid 25,053 26,978
Non-cash investing activities:    
Acquisitions funded by assumed debt (27,798) 0
Non-cash financing activities:    
Assumption of mortgage notes payable $ 27,798 $ 0