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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities:    
Net (loss) income $ (98,828) $ (13,599)
Adjustments to reconcile net loss to cash provided by operating activities:    
Depreciation and amortization 134,041 137,255
Net amortization of debt premiums, discounts and issuance costs 5,829 3,126
Straight line rental income (2,125) (2,538)
Amortization of acquired real estate leases (3,715) (3,703)
Loss on early extinguishment of debt 2,410 51
Gain on lease termination 0 (22,896)
Impairment of assets (174) 42,409
Gain on sale of properties (30,638) (2,614)
Gains and losses on equity securities, net 12,188 (2,031)
Other non-cash adjustments, net (982) (1,885)
Change in assets and liabilities:    
Deferred leasing costs, net (8,258) (4,140)
Other assets (7,937) (24,441)
Accrued interest 8,918 3,085
Other liabilities 16,317 2,594
Net cash provided by operating activities 27,046 110,673
Cash flows from investing activities:    
Real estate acquisitions and deposits 0 (2,526)
Real estate improvements (83,468) (71,762)
Proceeds from sale of properties, net 103,057 66,604
Distributions in excess of earnings from Affiliates Insurance Company 0 287
Net cash provided by (used in) investing activities 19,589 (7,397)
Cash flows from financing activities:    
Proceeds from issuance of senior unsecured notes, net 492,500 985,000
Proceeds from borrowings on revolving credit facility 800,000 405,500
Repayments of borrowings on revolving credit facility 0 (943,000)
Repayment of senior unsecured notes (300,000) (200,000)
Repayment of term loan (200,000) (250,000)
Repayment of other debt (1,558) (4,455)
Loss on early extinguishment of debt settled in cash 0 (376)
Payment of debt issuance costs (4,188) (4,926)
Repurchase of common shares (59) (29)
Distributions to noncontrolling interest (11,324) (11,383)
Distributions to shareholders (4,766) (38,063)
Net cash provided by (used in) financing activities 770,605 (61,732)
Increase in cash and cash equivalents and restricted cash 817,240 41,544
Cash and cash equivalents and restricted cash at beginning of period 90,849 52,224
Cash and cash equivalents and restricted cash at end of period $ 908,089 $ 93,768