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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (87,028) $ (37,841)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 133,419 95,611
Net amortization of deferred financing costs and debt discounts 98,923 1,496
Net amortization of intangible lease assets and liabilities 11,078 385
(Gain) loss on sales of real estate assets (19) 192
Gain on insurance proceeds (803)  
Gain on deconsolidation (36,250) (55,131)
Write-off of development projects 834 287
Share-based compensation expense 5,561 739
Loss on impairment 252 57,182
Equity in (earnings) losses of unconsolidated affiliates (10,606) 7,351
Distributions of earnings from unconsolidated affiliates 12,583 6,676
Change in estimate of uncollectable revenues (2,699) 15,525
Change in deferred tax accounts (1,334)  
Changes in:    
Tenant and other receivables 937 19,352
Other assets (513) (2,111)
Accounts payable and accrued liabilities (36,246) 20,784
Net cash provided by operating activities 88,089 130,497
CASH FLOWS FROM INVESTING ACTIVITIES:    
Additions to real estate assets (14,660) (13,836)
Proceeds from sales of real estate assets 1,569 5,612
Purchases of available-for-sale securities (299,993) (319,887)
Redemptions of available-for-sale securities 299,934 368,380
Proceeds from insurance 743  
Payments received on mortgage and other notes receivable 33 425
Additional investments in and advances to unconsolidated affiliates (1,061) 124
Distributions in excess of equity in earnings of unconsolidated affiliates 17,059 4,790
Changes in other assets (934) (1,420)
Net cash provided by investing activities 2,690 44,188
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from mortgage and other indebtedness 425,000  
Principal payments on mortgage and other indebtedness (475,322) (23,854)
Additions to deferred financing costs (15,196) (1)
Contributions from noncontrolling interests 143  
Payment of tax withholdings for restricted stock awards   (11)
Distributions to noncontrolling interests (2,744) (354)
Net cash used in financing activities (68,119) (24,220)
NET CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 22,660 150,465
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, beginning of period 236,198 121,722
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, end of period 258,858 272,187
Reconciliation from condensed consolidated statements of cash flows to condensed consolidated balance sheets:    
Cash and cash equivalents 177,065 [1] 143,874
Restricted cash (1):    
Restricted cash [2] 47,155 100,626
Mortgage escrows [2] 34,638 27,687
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, end of period 258,858 272,187
SUPPLEMENTAL INFORMATION:    
Cash paid for interest, net of amounts capitalized 64,626 26,755
Cash paid for reorganization items $ 5,648 $ 35,602
[1] As of June 30, 2022, includes $200,782 of assets related to consolidated variable interest entities that can be used only to settle obligations of the consolidated variable interest entities and $184,458 of liabilities of consolidated variable interest entities for which creditors do not have recourse to the general credit of the Company. See Note 7.
[2] Included in intangible lease assets and other assets in the condensed consolidated balance sheets