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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (104,440) $ (80,722)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 194,469 142,090
Net amortization of deferred financing costs and debt discounts 109,669 1,771
Net amortization of intangible lease assets and liabilities 16,533 573
Gain on sales of real estate assets (3,547) (8,492)
Gain on insurance proceeds (805)  
Gain on deconsolidation (36,250) (55,131)
Loss on available-for-sale securities 39  
Write-off of development projects 834 391
Share-based compensation expense 8,416 1,077
Loss on impairment 252 120,342
Equity in (earnings) losses of unconsolidated affiliates (16,308) 9,575
Distributions of earnings from unconsolidated affiliates 18,185 14,482
Change in estimate of uncollectable revenues (3,643) 8,362
Change in deferred tax accounts (976)  
Changes in:    
Tenant and other receivables (2,529) 21,127
Other assets (2,777) (1,577)
Accounts payable and accrued liabilities (23,302) 28,302
Net cash provided by operating activities 153,820 202,170
CASH FLOWS FROM INVESTING ACTIVITIES:    
Additions to real estate assets (28,155) (22,108)
Acquisitions of real estate assets (5,650)  
Proceeds from sales of real estate assets 6,349 21,014
Purchases of available-for-sale securities (549,631) (553,810)
Redemptions of available-for-sale securities 449,953 685,809
Proceeds from insurance 743 904
Payments received on mortgage and other notes receivable 54 641
Additional investments in and advances to unconsolidated affiliates (1,476) 272
Distributions in excess of equity in earnings of unconsolidated affiliates 21,460 10,662
Changes in other assets (1,479) (4,204)
Net cash (used in) provided by investing activities (107,832) 139,180
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from mortgage and other indebtedness 425,000  
Principal payments on mortgage and other indebtedness (503,560) (31,609)
Additions to deferred financing costs (16,387) (493)
Contributions from noncontrolling interests 143 298
Payment of tax withholdings for restricted stock awards   (11)
Distributions to noncontrolling interests (2,746) (353)
Dividends paid to common shareholders (15,913)  
Net cash used in financing activities (113,463) (32,168)
NET CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH (67,475) 309,182
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, beginning of period 236,198 121,722
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, end of period 168,723 430,904
Reconciliation from condensed consolidated statements of cash flows to condensed consolidated balance sheets:    
Cash and cash equivalents 85,754 [1] 267,982
Restricted cash (1):    
Restricted cash [2] 41,305 127,565
Mortgage escrows [2] 41,664 35,279
Cash included in assets held for sale [2]   78
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, end of period 168,723 430,904
SUPPLEMENTAL INFORMATION:    
Cash paid for interest, net of amounts capitalized 90,579 39,514
Cash paid for reorganization items $ 6,532 $ 51,488
[1] As of September 30, 2022, includes $196,638 of assets related to consolidated variable interest entities that can be used only to settle obligations of the consolidated variable interest entities and $188,699 of liabilities of consolidated variable interest entities for which creditors do not have recourse to the general credit of the Company. See Note 8.
[2] Included in intangible lease assets and other assets in the condensed consolidated balance sheets.