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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash flows from operating activities:    
Net (loss) income $ (186,832) $ (119,387)
Adjustments to reconcile net loss to cash (used in) provided by operating activities:    
Depreciation and amortization 202,743 204,466
Net amortization of debt premiums, discounts and issuance costs 9,777 5,574
Straight line rental income (3,804) (3,029)
Amortization of acquired real estate leases (5,563) (5,559)
Loss on early extinguishment of debt 2,410 51
Gain on lease termination 0 (22,896)
Impairment of assets (174) 106,611
Gain on sale of properties (30,838) (2,403)
Gains and losses on equity securities, net 26,943 (14,541)
Other non-cash adjustments, net (1,183) (1,662)
Change in assets and liabilities:    
Deferred leasing costs, net (11,736) (5,522)
Other assets (29,227) (35,417)
Accrued interest 23,462 29,604
Other liabilities (9,176) 23,089
Net cash (used in) provided by operating activities (13,198) 158,979
Cash flows from investing activities:    
Real estate acquisitions and deposits 0 (2,526)
Real estate improvements (126,142) (118,141)
Proceeds from sale of properties, net 103,257 78,244
Distributions in excess of earnings from Affiliates Insurance Company 0 287
Net cash used in investing activities (22,885) (42,136)
Cash flows from financing activities:    
Proceeds from issuance of senior unsecured notes, net 492,500 985,000
Proceeds from borrowings on revolving credit facility 800,000 430,500
Repayments of borrowings on revolving credit facility 0 (968,000)
Repayment of senior unsecured notes (300,000) (200,000)
Repayment of term loan (200,000) (250,000)
Repayment of other debt (2,349) (5,189)
Loss on early extinguishment of debt settled in cash 0 (376)
Payment of debt issuance costs (9,101) (5,306)
Repurchase of common shares (381) (171)
Distributions to noncontrolling interest (16,848) (16,707)
Distributions to shareholders (7,150) (40,443)
Net cash provided by (used in) financing activities 756,671 (70,692)
Increase in cash and cash equivalents and restricted cash 720,588 46,151
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 $ 811,437 $ 98,375