XML 17 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements Of Cash Flows (USD $)
 3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Cash flow from operating activities:    
Net loss $ (4,868,000) $ (9,093,000)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Equity in income of unconsolidated joint ventures (445,000) (791,000)
Distributions from unconsolidated joint ventures 445,000 379,000
Acquisition transaction costs and terminated projects   1,169,000
Impairment (reversals)/charges - discontinued operations (1,138,000) 10,286,000
Gain on sales (457,000) (28,000)
Straight-line rents (317,000) (519,000)
Provision for doubtful accounts 350,000 1,053,000
Depreciation and amortization 15,747,000 10,459,000
Amortization of intangible lease liabilities (1,259,000) (1,477,000)
Amortization and market price adjustments relating to share-based compensation 921,000 829,000
Amortization (including accelerated write-off) of deferred financing costs 3,241,000 1,006,000
Increases/decreases in operating assets and liabilities:    
Rents and other receivables, net (580,000) (4,171,000)
Prepaid expenses and other (7,000) (1,208,000)
Accounts payable and accrued expenses (403,000) (3,664,000)
Net cash provided by operating activities 11,230,000 4,230,000
Cash flow from investing activities:    
Expenditures for real estate and improvements (4,515,000) (53,583,000)
Net proceeds from sales of real estate 9,208,000 5,744,000
Net proceeds from transfers to unconsolidated Cedar/RioCan joint venture   3,009,000
Distributions of capital from unconsolidated joint ventures 1,663,000 2,555,000
Construction escrows and other 2,322,000 (1,141,000)
Net cash provided by (used in) in investing activities 8,678,000 (43,416,000)
Cash flow from financing activities:    
Net advances/(repayments) from/(to) revolving credit facilities (1,244,000) 22,000,000
Proceeds from mortgage financings   28,100,000
Mortgage repayments (7,129,000) (2,401,000)
Payments of debt financing costs (4,002,000)  
Noncontrolling interests:    
Distributions to consolidated joint venture minority interests (1,623,000) (289,000)
Distributions to limited partners (43,000) (127,000)
Proceeds, net of expenses, from sales of common stock (56,000) 2,807,000
Preferred stock distributions (3,550,000) (3,549,000)
Distributions to common shareholders (3,526,000) (6,052,000)
Net cash provided by (used in) financing activities (21,173,000) 40,489,000
Net (decrease) increase in cash and cash equivalents (1,265,000) 1,303,000
Cash and cash equivalents at beginning of period 12,070,000 14,166,000
Cash and cash equivalents at end of period $ 10,805,000 $ 15,469,000