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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash flow from operating activities:    
Net loss $ (56,530) $ (24,150)
Adjustments to reconcile net loss to net cash flow provided by operating activities:    
Depreciation and amortization 146,886 181,160
Stock-based compensation 4,722 7,976
Amortization and write-off of debt issuance costs and fair market value of debt adjustments 14,235 1,896
Loss on extinguishment of debt 49,016 596
Equity in net (income) loss of joint ventures (12,607) 2,382
Reserve of preferred equity interests, net 2,336 76,000
Operating cash distributions from joint ventures 3,768 3,446
Gain on disposition of real estate, net (39,519) (82,726)
Impairment charges 48,504 50,069
Interest rate hedging activities (4,538) 0
Assumption of building due to ground lease termination (2,150) 0
Change in notes receivable accrued interest 968 (3,131)
Net change in accounts receivable (1,747) 3,519
Net change in accounts payable and accrued expenses 13,805 2,443
Net change in other operating assets and liabilities (5,394) (9,742)
Total adjustments 218,285 233,888
Net cash flow provided by operating activities 161,755 209,738
Cash flow from investing activities:    
Real estate acquired, net of liabilities and cash assumed 0 (86,066)
Real estate developed and improvements to operating real estate (68,108) (56,431)
Proceeds from disposition of real estate 301,545 300,474
Hurricane property insurance advance proceeds 20,193 0
Equity contributions to joint ventures (108) (69,068)
Distributions from unconsolidated joint ventures 25,141 7,025
Repayment of joint venture advances 46,400 1,190
Repayment of notes receivable 0 31,068
Net cash flow provided by investing activities 325,063 128,192
Cash flow from financing activities:    
Proceeds from revolving credit facilities, net 45,000 0
Proceeds from issuance of senior notes, net of offering expenses 0 445,271
Repayment of senior notes (924,751) (300,000)
Repayment of term loan and mortgage debt (758,937) (74,071)
Payment of debt issuance costs (32,825) (532)
Proceeds from issuance of preferred shares, net of offering expenses 0 168,903
Proceeds from mortgages payable 1,350,000 0
Issuance of common shares in conjunction with equity award plans and dividend reinvestment plan 5,148 9,884
Redemption of operating partnership units (736) 0
Distributions to non-controlling interests and redeemable operating partnership units (406) (423)
Dividends paid (157,236) (150,655)
Net cash flow (used for) provided by financing activities (474,743) 98,377
Effect of foreign exchange rate changes on cash and cash equivalents (2) 4
Net increase in cash, cash equivalents and restricted cash 12,075 436,307
Cash, cash equivalents and restricted cash, beginning of period 94,724 39,225
Cash, cash equivalents and restricted cash, end of period $ 106,797 $ 475,536