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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash flow from operating activities:    
Net (loss) income $ (22,919) $ 27,165
Adjustments to reconcile net (loss) income to net cash flow provided by operating activities:    
Depreciation and amortization 266,370 290,051
Stock-based compensation 9,537 5,444
Amortization and write-off of debt issuance costs and fair market value of debt adjustments 5,959 1,605
Loss on extinguishment of debt 63,204 0
Equity in net income of joint ventures (2,429) (14,081)
Reserve of preferred equity interests, net 60,623 0
Net loss on sale and change in control of interests 0 1,087
Operating cash distributions from joint ventures 6,235 5,921
Gain on disposition of real estate (127,017) (47,470)
Impairment charges 65,453 104,877
Valuation allowance of prepaid tax asset 8,777 0
Assumption of buildings due to lease terminations (8,585) 0
Change in notes receivable accrued interest (3,168) (7,937)
Net change in accounts receivable (190) 81
Net change in accounts payable and accrued expenses 2,514 (3,045)
Net change in other operating assets and liabilities (22,131) (12,676)
Total adjustments 325,152 323,857
Net cash flow provided by operating activities 302,233 351,022
Cash flow from investing activities:    
Real estate acquired, net of liabilities and cash assumed (86,079) (145,975)
Real estate developed and improvements to operating real estate (89,753) (134,810)
Proceeds from disposition of real estate 454,715 296,224
Equity contributions to joint ventures (69,149) (1,452)
Distributions from unconsolidated joint ventures 21,781 22,307
Repayment of joint venture advances, net 7,476 0
Issuance of notes receivable 0 (6,801)
Repayment of notes receivable 31,068 4,934
Net cash flow provided by investing activities 270,059 34,427
Cash flow from financing activities:    
Proceeds from revolving credit facilities, net 60,000 100,000
Proceeds from issuance of senior notes, net of offering expenses 791,220 0
Repayment of senior notes (958,509) (240,000)
Repayment of term loan and mortgage debt (434,240) (33,089)
Payment of debt issuance costs (6,704) (41)
Proceeds from issuance of preferred shares, net of offering expenses 168,881 0
Issuance of common shares in conjunction with equity award plans and dividend reinvestment plan 15,953 8,105
Distributions to non-controlling interests and redeemable operating partnership units (626) (830)
Dividends paid (227,399) (218,762)
Net cash flow used for financing activities (591,424) (384,617)
Effect of foreign exchange rate changes on cash and cash equivalents 1 2
Net (decrease) increase in cash, cash equivalents and restricted cash (19,132) 832
Cash, cash equivalents and restricted cash, beginning of period 39,225 32,520
Cash, cash equivalents and restricted cash, end of period $ 20,094 $ 33,354