Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-09-30 | 2009-06-30 | 2009-03-31 | 2008-12-31 | 2008-09-30 | 2008-06-30 | 2008-03-31 | 2007-12-31 | 2007-09-30 | 2004-12-31 | 2004-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flow from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||
net income | 140,055,000 | 138,426,000 | 142,113,000 | 120,790,000 | 109,270,000 | 293,776,000 | -47,069,000 | 56,371,000 | -130,727,000 | 235,959,000 | 81,949,000 | 509,204,000 | 117,118,000 | 141,425,000 | 201,799,000 | -37,429,000 | 748,118,000 | 90,389,000 | 110,043,000 | 85,453,000 | 101,387,000 | 116,678,000 | 87,947,000 | 100,725,000 | 165,809,000 | 143,982,000 | 84,566,000 | 122,216,000 | 154,674,000 | 78,215,000 | 80,686,000 | -41,548,000 | 204,846,000 | 142,154,000 | 81,084,000 | 41,792,000 | -51,523,000 | 108,584,000 | 94,374,000 | 98,467,000 | 83,039,000 | 78,004,000 | 75,807,000 | 78,511,000 | |||||
adjustments to reconcile net income to net cash flow provided by operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 158,269,000 | 156,323,000 | 158,453,000 | 144,688,000 | 148,148,000 | 154,719,000 | 124,282,000 | 127,437,000 | 129,245,000 | 126,301,000 | 124,676,000 | 125,419,000 | 124,611,000 | 130,294,000 | 133,633,000 | 114,238,000 | 72,573,000 | 74,876,000 | 74,295,000 | 71,704,000 | 73,559,000 | 69,397,000 | 68,439,000 | 68,874,000 | 69,005,000 | 71,561,000 | 74,266,000 | 74,972,000 | 79,760,000 | 81,382,000 | 85,024,000 | 88,443,000 | 95,270,000 | 92,074,000 | 90,884,000 | 96,827,000 | 82,753,000 | 84,856,000 | 103,708,000 | 55,274,000 | 56,140,000 | 52,915,000 | 53,020,000 | 51,330,000 | 49,253,000 | 53,386,000 | 48,563,000 | 25,264,000 | |
impairment charges | 440,000 | 7,645,000 | 534,000 | 375,000 | 201,000 | 3,701,000 | 0 | 2,237,000 | 0 | 11,806,000 | 200,000 | 7,067,000 | 14,419,000 | 272,000 | 2,643,000 | 850,000 | 3,115,000 | 397,000 | 138,000 | 2,974,000 | 7,508,000 | 19,609,000 | 17,451,000 | 4,175,000 | 45,352,000 | 3,336,000 | 22,873,000 | 7,646,000 | 33,051,000 | 2,944,000 | 29,719,000 | 1,617,000 | 25,140,000 | 10,073,000 | 52,213,000 | 5,840,000 | 6,058,000 | ||||||||||||
straight-line rental income adjustments | -8,391,000 | -4,265,000 | -6,299,000 | -4,294,000 | -5,529,000 | -7,405,000 | -5,059,000 | -5,457,000 | -4,300,000 | -7,701,000 | |||||||||||||||||||||||||||||||||||||||
amortization of above-market and below-market leases | -9,656,000 | -7,330,000 | -5,314,000 | -7,222,000 | -4,444,000 | -5,901,000 | -3,284,000 | -3,967,000 | -7,013,000 | -2,989,000 | |||||||||||||||||||||||||||||||||||||||
amortization of deferred financing costs and fair value debt adjustments | 1,679,000 | 567,000 | 100,000 | -45,000 | -200,000 | -710,000 | -2,197,000 | -2,343,000 | -2,343,000 | -2,313,000 | |||||||||||||||||||||||||||||||||||||||
equity award expense | 6,929,000 | 11,624,000 | 6,725,000 | 8,091,000 | 8,249,000 | 10,044,000 | 7,720,000 | 7,877,000 | 8,124,000 | 9,333,000 | 6,454,000 | 6,191,000 | 6,481,000 | 7,513,000 | 5,179,000 | 5,700,000 | 5,814,000 | 6,457,000 | 5,482,000 | 6,721,000 | 5,577,000 | 5,905,000 | 5,175,000 | 4,741,000 | 4,807,000 | 5,477,000 | 3,766,000 | 4,032,000 | 5,241,000 | 5,182,000 | 3,727,000 | 4,061,000 | 4,144,000 | 9,631,000 | 3,779,000 | 3,740,000 | 3,675,000 | 7,877,000 | 3,158,000 | ||||||||||
gain on sale of properties | -3,705,000 | -38,922,000 | -887,000 | -551,000 | -75,000 | -318,000 | -22,600,000 | 0 | -13,170,000 | -39,206,000 | -4,221,000 | -3,821,000 | -2,944,000 | -4,193,000 | 0 | -1,975,000 | -18,861,000 | -10,005,000 | 0 | -1,850,000 | -3,847,000 | ||||||||||||||||||||||||||||
(gain)/loss on marketable securities | -3,620,000 | -13,225,000 | |||||||||||||||||||||||||||||||||||||||||||||||
change in fair value of embedded derivative liability | 689,000 | -2,775,000 | 316,000 | -4,770,000 | 1,237,000 | 1,842,000 | |||||||||||||||||||||||||||||||||||||||||||
equity in income of joint ventures | -26,967,000 | -23,990,000 | -22,683,000 | -20,981,000 | -21,527,000 | -20,905,000 | -14,689,000 | -16,257,000 | -17,128,000 | -24,204,000 | -15,421,000 | -26,360,000 | -44,130,000 | -23,570,000 | -30,683,000 | -20,025,000 | -16,318,000 | -17,752,000 | -12,314,000 | -11,233,000 | -10,158,000 | -13,648,000 | -13,202,000 | -17,673,000 | -22,533,000 | -18,754,000 | -19,131,000 | -16,533,000 | -19,040,000 | -16,913,000 | -23,719,000 | -9,142,000 | -13,169,000 | -14,733,000 | -28,559,000 | -11,537,000 | -108,685,000 | -69,933,000 | -10,894,000 | -9,642,000 | 5,808,000 | -78,469,000 | -20,490,000 | -39,057,000 | -61,678,000 | -39,310,000 | |||
equity in income of other investments | 811,000 | -1,747,000 | -701,000 | -216,000 | -7,718,000 | -1,534,000 | -2,122,000 | ||||||||||||||||||||||||||||||||||||||||||
distributions from joint ventures and other investments | 27,087,000 | 22,531,000 | 22,130,000 | 22,213,000 | 29,156,000 | 23,508,000 | 20,952,000 | 19,133,000 | 22,314,000 | 13,428,000 | 16,678,000 | 21,100,000 | 19,850,000 | 25,925,000 | 37,319,000 | ||||||||||||||||||||||||||||||||||
change in accounts and notes receivable | -3,747,000 | 4,214,000 | 7,385,000 | -9,276,000 | 7,013,000 | 22,446,000 | -14,131,000 | 10,979,000 | 12,718,000 | 8,887,000 | 1,846,000 | -9,746,000 | -2,194,000 | 990,000 | -14,435,000 | -22,771,000 | 534,000 | 18,593,000 | 20,616,000 | 10,286,000 | -29,935,000 | -1,526,000 | -27,252,000 | -9,067,000 | 1,281,000 | 878,000 | -1,088,000 | -2,989,000 | 4,082,000 | 5,224,000 | -7,745,000 | -5,105,000 | -853,000 | 5,769,000 | -10,350,000 | 1,228,000 | 1,304,000 | 1,247,000 | 5,011,000 | 6,391,000 | -11,439,000 | 7,006,000 | -5,369,000 | -4,261,000 | -7,080,000 | -3,879,000 | 6,215,000 | ||
change in accounts payable and accrued expenses | 57,330,000 | 8,255,000 | -33,996,000 | 48,667,000 | 5,070,000 | 4,533,000 | -42,886,000 | 47,475,000 | 31,834,000 | -30,597,000 | 4,121,000 | 46,170,000 | 2,261,000 | -14,897,000 | -49,143,000 | -61,156,000 | -9,800,000 | 15,387,000 | -36,488,000 | 43,041,000 | -6,433,000 | 5,456,000 | -33,126,000 | 37,897,000 | -11,219,000 | 2,837,000 | -35,247,000 | 31,211,000 | -15,510,000 | 10,371,000 | -33,467,000 | 48,390,000 | -18,391,000 | 7,885,000 | -31,817,000 | 28,628,000 | -13,566,000 | 8,869,000 | 39,084,000 | -15,437,000 | 25,018,000 | -47,496,000 | 43,844,000 | -25,566,000 | 27,235,000 | -40,288,000 | 34,282,000 | -17,788,000 | |
change in other operating assets and liabilities | -8,352,000 | 8,329,000 | -36,462,000 | -19,096,000 | 12,420,000 | -26,577,000 | 13,299,000 | -18,449,000 | 4,575,000 | -19,310,000 | 45,708,000 | -28,154,000 | 2,016,000 | -43,778,000 | 10,603,000 | 41,093,000 | 5,590,000 | -34,936,000 | 6,862,000 | -8,269,000 | 439,000 | -24,787,000 | 3,801,000 | -26,696,000 | -6,211,000 | -26,299,000 | -4,145,000 | -23,771,000 | -10,995,000 | -12,309,000 | -11,608,000 | -17,136,000 | -3,114,000 | -21,103,000 | -10,011,000 | -18,087,000 | -8,348,000 | -29,002,000 | -25,505,000 | -16,123,000 | -10,213,000 | -58,643,000 | 25,719,000 | 3,316,000 | -12,518,000 | -15,146,000 | -12,174,000 | ||
net cash flow provided by operating activities | 332,428,000 | 305,403,000 | 223,813,000 | 295,930,000 | 294,059,000 | 176,091,000 | 190,198,000 | 281,130,000 | 255,046,000 | 345,233,000 | 155,358,000 | 263,423,000 | 247,782,000 | 194,551,000 | 201,605,000 | 123,599,000 | 145,300,000 | 148,371,000 | 123,971,000 | 228,495,000 | 82,198,000 | 155,249,000 | 101,169,000 | 168,930,000 | 158,271,000 | 155,258,000 | 121,605,000 | 164,345,000 | 159,707,000 | 192,279,000 | 120,365,000 | 193,782,000 | 142,982,000 | 157,052,000 | 147,570,000 | 228,679,000 | 78,891,000 | 136,956,000 | 177,839,000 | 83,047,000 | 114,905,000 | 88,296,000 | 208,002,000 | 117,601,000 | 153,700,000 | 167,523,000 | 71,103,000 | ||
cash flow from investing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of operating real estate and other related net assets | -38,176,000 | 0 | -106,244,000 | -7,809,000 | -170,953,000 | 0 | -98,546,000 | 0 | -2,070,000 | 0 | -3,337,000 | -43,052,000 | -54,766,000 | -17,646,000 | -38,390,000 | -21,642,000 | -85,747,000 | -84,365,000 | -11,436,000 | -33,301,000 | |||||||||||||||||||||||||||||
improvements to operating real estate | -93,756,000 | -86,093,000 | -52,117,000 | -84,847,000 | -84,511,000 | -44,083,000 | -85,250,000 | -70,799,000 | -68,144,000 | -40,202,000 | -65,118,000 | -49,634,000 | -49,523,000 | -29,435,000 | -50,907,000 | -46,450,000 | -45,773,000 | -20,569,000 | -56,912,000 | -53,540,000 | -55,853,000 | -54,973,000 | -96,792,000 | -88,164,000 | -88,520,000 | -51,345,000 | -97,429,000 | -66,065,000 | -86,996,000 | -40,384,000 | -70,266,000 | -55,254,000 | -51,227,000 | -30,053,000 | -41,405,000 | -31,751,000 | -37,467,000 | -32,866,000 | -39,098,000 | ||||||||||
acquisition of rpt realty | 0 | 0 | -149,103,000 | ||||||||||||||||||||||||||||||||||||||||||||||
investment in marketable securities | -312,000 | -1,002,000 | -1,000 | -1,364,000 | -10,000 | -1,000 | -512,000 | -114,000 | -786,000 | -2,202,000 | -655,000 | -1,478,000 | -401,000 | -1,469,000 | 0 | 0 | 0 | -1,141,000 | 0 | -38,000 | -11,752,000 | -19,211,000 | -232,984,000 | -20,108,000 | -2,653,000 | ||||||||||||||||||||||||
proceeds from sale of marketable securities | 0 | 0 | 500,000 | 700,000 | 1,129,000 | 299,634,000 | 1,211,000 | 1,030,000 | 152,104,000 | 138,207,000 | 301,704,000 | 599,000 | 101,000 | 100,000 | 138,000 | 151,000 | 50,000 | 25,000 | 743,000 | 163,000 | 596,000 | 1,389,000 | 457,000 | 12,244,000 | 9,915,000 | 7,512,000 | 215,000 | 5,126,000 | 6,144,000 | 40,942,000 | 2,855,000 | 21,312,000 | 5,705,000 | ||||||||||||||||
investments in preferred stock and cost method investments | -500,000 | -361,000 | -5,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
investments in and advances to real estate joint ventures | -1,067,000 | -1,131,000 | -1,778,000 | -376,000 | 0 | -3,182,000 | -3,086,000 | -2,657,000 | -5,903,000 | -12,848,000 | -6,805,000 | -7,549,000 | -59,831,000 | -13,116,000 | -5,025,000 | -1,848,000 | -3,893,000 | -1,805,000 | -1,242,000 | -6,634,000 | -2,724,000 | -5,282,000 | -5,536,000 | -5,915,000 | -10,576,000 | -5,638,000 | -10,358,000 | -10,541,000 | -9,343,000 | -5,897,000 | -8,503,000 | -4,084,000 | -5,830,000 | -16,874,000 | |||||||||||||||
reimbursements of investments in and advances to real estate joint ventures | 4,319,000 | 4,904,000 | 9,282,000 | 3,981,000 | 12,239,000 | 5,920,000 | 4,714,000 | 1,063,000 | 2,515,000 | 5,446,000 | 6,031,000 | 8,675,000 | 14,296,000 | 8,569,000 | 38,749,000 | 5,745,000 | 2,401,000 | 967,000 | 99,000 | 2,663,000 | -177,000 | 1,914,000 | 11,485,000 | 7,572,000 | 1,267,000 | 1,435,000 | 2,130,000 | 2,797,000 | 2,431,000 | 1,736,000 | 2,270,000 | 13,523,000 | |||||||||||||||||
investments in and advances to other investments | -1,364,000 | -1,802,000 | -1,210,000 | -2,333,000 | -1,019,000 | -2,894,000 | -4,848,000 | -3,402,000 | -3,866,000 | -6,326,000 | -4,763,000 | -3,196,000 | -1,028,000 | -8,445,000 | -7,586,000 | ||||||||||||||||||||||||||||||||||
reimbursements of investments in and advances to other investments | 123,000 | 68,000 | 1,127,000 | 55,000 | 1,925,000 | 931,000 | 46,000 | -183,000 | 220,000 | 199,000 | 1,411,000 | 340,000 | 4,706,000 | 24,398,000 | 15,648,000 | ||||||||||||||||||||||||||||||||||
investment in mortgage and other financing receivables | -205,816,000 | -11,249,000 | -169,934,000 | -9,000,000 | 0 | -11,211,000 | |||||||||||||||||||||||||||||||||||||||||||
collection of mortgage and other financing receivables | 21,670,000 | 27,027,000 | 23,117,000 | 24,026,000 | 22,933,000 | 38,189,000 | 25,000 | 24,000 | 25,000 | 59,000 | |||||||||||||||||||||||||||||||||||||||
proceeds from sale of properties | 56,059,000 | 795,000 | 1,324,000 | 88,000 | 5,322,000 | 65,019,000 | 37,243,000 | 7,107,000 | 44,731,000 | 70,983,000 | 38,076,000 | 104,994,000 | 32,814,000 | 8,410,000 | 148,824,000 | 23,879,000 | 107,957,000 | 22,181,000 | 8,827,000 | ||||||||||||||||||||||||||||||
proceeds from insurance casualty claims | 637,000 | 1,184,000 | 446,000 | 0 | 0 | 0 | 2,450,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 2,722,000 | 7,000,000 | ||||||||||||||||||||||||||||||||||||
net cash flow used for investing activities | -258,183,000 | -61,022,000 | 156,385,000 | -64,466,000 | -119,520,000 | -35,616,000 | -83,924,000 | -66,553,000 | 12,806,000 | -43,388,000 | -79,824,000 | -139,026,000 | -134,572,000 | -194,997,000 | -312,755,000 | -336,995,000 | |||||||||||||||||||||||||||||||||
cash flow from financing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||
principal payments on debt, excluding normal amortization of rental property debt | 0 | 0 | -48,844,000 | 0 | -273,000 | 0 | -12,000,000 | -37,187,000 | 0 | -42,762,000 | -29,483,000 | -85,683,000 | -93,066,000 | 0 | -123,950,000 | -12,272,000 | 0 | -70,130,000 | -12,745,000 | -75,681,000 | -341,000 | 0 | -2,974,000 | -3,224,000 | -2,021,000 | -27,516,000 | -13,662,000 | -161,547,000 | -8,178,000 | -215,367,000 | -404,472,000 | -59,100,000 | -368,776,000 | -132,098,000 | -101,205,000 | -135,422,000 | -30,458,000 | -21,896,000 | -8,650,000 | ||||||||||
principal payments on rental property debt | -2,897,000 | -2,715,000 | -3,485,000 | -2,237,000 | -2,239,000 | -2,724,000 | -2,827,000 | -2,860,000 | -2,827,000 | -2,794,000 | -2,564,000 | -2,417,000 | -2,227,000 | -2,600,000 | -3,141,000 | -2,470,000 | -2,350,000 | -2,661,000 | -2,657,000 | -2,596,000 | -2,698,000 | -2,742,000 | -2,947,000 | -3,086,000 | -3,042,000 | -3,137,000 | -3,088,000 | -3,173,000 | -3,367,000 | -3,485,000 | -3,678,000 | -3,379,000 | -3,585,000 | -4,544,000 | -3,723,000 | -4,936,000 | -4,409,000 | -5,971,000 | -7,824,000 | -3,523,000 | -3,775,000 | -3,284,000 | -3,477,000 | -3,533,000 | -3,753,000 | -3,202,000 | -3,602,000 | ||
proceeds from issuance of unsecured term loans | 350,000,000 | 0 | 510,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of unsecured notes | 0 | 0 | 650,000,000 | 0 | 600,000,000 | 0 | 0 | 0 | 850,000,000 | 0 | 400,000,000 | ||||||||||||||||||||||||||||||||||||||
proceeds from unsecured revolving credit facility | 120,000,000 | 95,000,000 | 125,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
repayments of unsecured term loans | 0 | 0 | -310,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
repayments of unsecured notes | 0 | -240,505,000 | -500,000,000 | 0 | 0 | -1,157,700,000 | 0 | -901,997,000 | -47,063,000 | -500,000,000 | |||||||||||||||||||||||||||||||||||||||
financing origination costs | -832,000 | -6,597,000 | -22,000 | -5,483,000 | -25,000 | -1,538,000 | -6,440,000 | 0 | -15,000 | -6,026,000 | -1,053,000 | -8,992,000 | -116,000 | -10,165,000 | -1,180,000 | -189,000 | -11,429,000 | -1,277,000 | -5,145,000 | -259,000 | -7,441,000 | -4,000 | -3,000 | -13,000 | -1,197,000 | 0 | -11,000 | -330,000 | -8,039,000 | -5,031,000 | -9,905,000 | -11,646,000 | -9,336,000 | -4,606,000 | -91,000 | -229,000 | -9,076,000 | -1,019,000 | -452,000 | -344,000 | -571,000 | -1,933,000 | -6,450,000 | -377,000 | |||||
contributions from noncontrolling interests | 0 | 9,000 | 0 | 0 | 0 | 891,000 | 40,000 | 0 | 0 | 0 | 138,000 | 0 | |||||||||||||||||||||||||||||||||||||
distributions to noncontrolling interests | |||||||||||||||||||||||||||||||||||||||||||||||||
redemptions of noncontrolling interests | |||||||||||||||||||||||||||||||||||||||||||||||||
dividends paid | -176,837,000 | -176,847,000 | -177,464,000 | -169,741,000 | -169,747,000 | -168,338,000 | -210,843,000 | -148,869,000 | -148,866,000 | -148,882,000 | -148,558,000 | -142,373,000 | -130,051,000 | -123,758,000 | -111,176,000 | -110,864,000 | -80,053,000 | -80,039,000 | -75,554,000 | -49,604,000 | -127,461,000 | -127,255,000 | -130,285,000 | -136,054,000 | -132,705,000 | -132,521,000 | -132,524,000 | -132,521,000 | -134,470,000 | -130,241,000 | -124,990,000 | -128,389,000 | -126,478,000 | -126,315,000 | -119,933,000 | -118,654,000 | -118,428,000 | -117,030,000 | -113,722,000 | -131,099,000 | -131,097,000 | -128,964,000 | -113,423,000 | -113,199,000 | -113,438,000 | -103,976,000 | -93,697,000 | ||
repurchase of preferred stock | 0 | -663,000 | -2,817,000 | 0 | 0 | -1,223,000 | -268,000 | 0 | |||||||||||||||||||||||||||||||||||||||||
repurchase of common stock | 0 | 0 | 0 | -50,850,000 | -24,276,000 | ||||||||||||||||||||||||||||||||||||||||||||
shares repurchased for employee tax withholding on equity awards | -28,000 | -108,000 | -11,536,000 | -595,000 | -34,000 | -14,631,000 | -54,000 | -115,000 | -39,000 | -16,085,000 | -130,000 | -28,000 | -93,000 | -13,428,000 | -55,000 | -11,562,000 | -143,000 | -9,082,000 | |||||||||||||||||||||||||||||||
principal payments under finance lease obligations | 0 | 0 | -24,362,000 | ||||||||||||||||||||||||||||||||||||||||||||||
change in tenants' security deposits | 1,047,000 | 1,060,000 | 1,097,000 | 1,264,000 | 924,000 | 324,000 | 303,000 | 492,000 | 999,000 | 680,000 | 2,365,000 | 1,017,000 | 835,000 | 1,038,000 | 197,000 | 474,000 | 240,000 | 650,000 | -521,000 | 20,000 | 251,000 | 324,000 | 316,000 | 127,000 | 277,000 | 369,000 | 594,000 | ||||||||||||||||||||||
net cash flow used for financing activities | -141,590,000 | -107,499,000 | -650,487,000 | 447,882,000 | -91,309,000 | -1,024,511,000 | 230,319,000 | -154,461,000 | -167,110,000 | -209,444,000 | -201,782,000 | -123,280,000 | -231,917,000 | -79,107,000 | -51,988,000 | -159,418,000 | -80,823,000 | -102,976,000 | -139,624,000 | -147,300,000 | -326,140,000 | -221,168,000 | -291,905,000 | -22,432,000 | -49,464,000 | -85,269,000 | -66,709,000 | -92,769,000 | |||||||||||||||||||||
net change in cash, cash equivalents and restricted cash | -67,345,000 | 95,323,000 | -557,228,000 | 662,489,000 | -9,212,000 | -646,990,000 | 359,495,000 | -112,215,000 | 207,300,000 | 179,348,000 | 26,298,000 | -173,267,000 | -73,520,000 | 35,655,000 | |||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash, beginning of the period | 0 | 0 | 689,731,000 | 0 | 0 | 783,757,000 | 0 | 0 | 149,829,000 | 0 | 0 | 334,663,000 | |||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash, end of the period | -67,345,000 | 95,323,000 | 132,503,000 | 662,489,000 | -9,212,000 | 136,767,000 | -112,215,000 | 207,300,000 | 329,177,000 | -173,267,000 | -73,520,000 | 370,318,000 | |||||||||||||||||||||||||||||||||||||
interest paid | 75,897,000 | 83,382,000 | 84,019,000 | 69,813,000 | 77,350,000 | 73,556,000 | |||||||||||||||||||||||||||||||||||||||||||
income taxes paid, net of refunds | 33,000 | 2,403,000 | 23,370,000 | 3,268,000 | 6,648,000 | 51,157,000 | 3,461,000 | ||||||||||||||||||||||||||||||||||||||||||
loss on marketable securities | 2,000 | 9,000 | 27,686,000 | ||||||||||||||||||||||||||||||||||||||||||||||
redemption/distribution of noncontrolling interests | -2,280,000 | -3,054,000 | -5,595,000 | -3,414,000 | -4,904,000 | -49,547,000 | -3,118,000 | -3,143,000 | -2,609,000 | -8,092,000 | -52,332,000 | -2,356,000 | -4,673,000 | -27,052,000 | -4,333,000 | -2,686,000 | -539,000 | -862,000 | -360,000 | -1,197,000 | -20,926,000 | -8,645,000 | -2,429,000 | -3,287,000 | -773,000 | -614,000 | -592,000 | -462,000 | |||||||||||||||||||||
net income/ | 134,503,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income/(loss) to net cash flow provided by operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||
net cash flow (used for)/provided by investing activities | -130,554,000 | -311,881,000 | -60,788,000 | -84,977,000 | -15,542,000 | -16,008,000 | -130,829,000 | -82,068,000 | -65,375,000 | ||||||||||||||||||||||||||||||||||||||||
loss/(gain) on marketable securities | -79,000 | 10,144,000 | 100,314,000 | 75,491,000 | |||||||||||||||||||||||||||||||||||||||||||||
investment in cost method investment | -4,000 | 0 | -1,497,000 | 0 | -3,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of stock | 0 | 0 | 0 | 3,727,000 | 587,000 | 88,000 | 12,270,000 | 2,568,000 | 3,556,000 | 77,463,000 | 1,810,000 | 160,000 | 0 | 0 | 0 | 981,000 | 200,661,000 | 1,540,000 | 1,130,000 | 681,000 | 104,000 | 457,000 | 0 | 33,144,000 | 222,196,000 | 217,777,000 | 412,000 | 561,000 | 586,000 | 150,296,000 | 45,102,000 | 111,411,000 | 2,095,000 | 717,776,000 | 44,000 | 6,144,000 | 421,550,000 | 14,874,000 | 8,434,000 | 447,954,000 | 9,196,000 | 11,692,000 | |||||||
net (loss)/income | -9,038,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net (loss)/income to net cash flow provided by operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||
net cash flow provided by investing activities | 201,430,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||
early extinguishment of debt charges | 0 | 428,000 | 57,000 | 7,173,000 | 0 | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||
(gain)/loss on change in fair value of embedded derivative liability | |||||||||||||||||||||||||||||||||||||||||||||||||
equity in income from other investments | |||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of weingarten realty investors, net of cash acquired of 56,451 | |||||||||||||||||||||||||||||||||||||||||||||||||
investment in cost method investments | |||||||||||||||||||||||||||||||||||||||||||||||||
principal payments from securities held-to-maturity | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from mortgage loan financings | 0 | 0 | 0 | 19,000,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||
payment of early extinguishment of debt charges | 0 | -428,000 | -57,000 | -6,470,000 | 0 | 0 | 0 | -760,000 | -771,000 | 0 | -12,762,000 | -170,000 | -1,753,000 | -120,000 | -588,000 | 0 | |||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash, beginning of year | |||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash, end of year | |||||||||||||||||||||||||||||||||||||||||||||||||
interest paid during the year including payment of early extinguishment of debt charges of 0, 6,955 and 0, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||
income taxes paid during the year, net of refunds | |||||||||||||||||||||||||||||||||||||||||||||||||
equity in income of other investments | |||||||||||||||||||||||||||||||||||||||||||||||||
investment in mortgage receivables | |||||||||||||||||||||||||||||||||||||||||||||||||
interest paid, including payment of early extinguishment of debt charges of 0 and 6,955, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||
equity in income of other real estate investments | -3,385,000 | -5,373,000 | -1,539,000 | -5,039,000 | -3,787,000 | -11,155,000 | -4,782,000 | -10,958,000 | -3,265,000 | -13,269,000 | -6,224,000 | -5,045,000 | -9,617,000 | -9,976,000 | |||||||||||||||||||||||||||||||||||
net cash flow provided by/(used for) investing activities | -53,217,000 | 22,890,000 | 2,604,000 | 148,725,000 | 79,426,000 | -63,106,000 | |||||||||||||||||||||||||||||||||||||||||||
interest paid, including payment of early extinguishment of debt charges of 0 and 6,527, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||
net cash flow provided by/(used for) investing activities | 43,559,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
interest paid during the period, including payment of early extinguishment of debt charges of 0 and 6,470, respectively | 54,847,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
amortization of above-market and below-market leases | |||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of cost method investment | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||
improvements to real estate under development | 0 | 0 | -5,780,000 | -16,578,000 | -33,232,000 | -28,113,000 | -31,210,000 | -26,286,000 | -60,859,000 | -53,736,000 | -66,459,000 | -54,934,000 | -38,493,000 | -30,035,000 | -47,295,000 | -44,434,000 | -30,717,000 | -23,594,000 | -13,115,000 | -5,333,000 | -4,560,000 | ||||||||||||||||||||||||||||
proceeds from sale of cost method investment | -55,000 | -196,000 | |||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of unsecured term loan | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||
repayments from the unsecured revolving credit facility | |||||||||||||||||||||||||||||||||||||||||||||||||
repayments of unsecured term loan | 0 | -325,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
interest paid during the year including payment of early extinguishment of debt charges of 6,955, 0 and 7,538, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||
income taxes paid during the year | |||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of operating real estate | -131,889,000 | -10,611,000 | -18,671,000 | -18,370,000 | 0 | -84,312,000 | 0 | 0 | -7,073,000 | ||||||||||||||||||||||||||||||||||||||||
acquisition of weingarten realty investors, net of cash acquired of 56,465 | |||||||||||||||||||||||||||||||||||||||||||||||||
investment in other financing receivable | -22,000,000 | -50,063,000 | -3,000,000 | -15,000,000 | -26,500,000 | 0 | -397,000 | 0 | 0 | 0 | -48,000 | -60,000 | |||||||||||||||||||||||||||||||||||||
collection of mortgage loans receivable | 38,169,000 | 20,000 | 43,000 | 10,034,000 | 3,649,000 | 56,000 | 37,000 | 63,000 | 37,000 | 37,000 | 40,000 | 5,047,000 | 51,000 | 5,191,000 | 160,000 | 14,853,000 | 2,019,000 | 5,092,000 | 335,000 | 645,000 | 246,000 | 271,000 | 243,000 | 233,000 | 227,000 | 230,000 | 231,000 | 2,234,000 | 4,502,000 | 5,277,000 | 16,803,000 | 5,153,000 | 13,673,000 | 19,088,000 | 28,814,000 | 6,080,000 | 55,080,000 | ||||||||||||
net cash flow (used for)/provided by financing activities | -103,783,000 | -146,623,000 | -232,292,000 | -21,276,000 | |||||||||||||||||||||||||||||||||||||||||||||
interest paid during the period, including payment of early extinguishment of debt charges of 6,955 and 0, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||
repurchase of preferred stock | |||||||||||||||||||||||||||||||||||||||||||||||||
interest paid during the period including payment of early extinguishment of debt charges of 6,527 and 0, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||
gain on marketable securities | -121,764,000 | 76,931,000 | |||||||||||||||||||||||||||||||||||||||||||||||
interest paid during the period including payment of early extinguishment of debt charges of 6,470 and 0, respectively | 60,213,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
gain on marketable securities | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale/repayments of marketable securities | 103,000 | 1,769,000 | 112,000 | 39,000 | 548,000 | 0 | 129,000 | 30,000 | 57,000 | 0 | 1,850,000 | ||||||||||||||||||||||||||||||||||||||
net cash flow used for investing activities | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from mortgage and construction loan financings | 20,606,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
(repayments)/proceeds from the unsecured revolving credit facility | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||
repayments under unsecured notes | |||||||||||||||||||||||||||||||||||||||||||||||||
redemption of preferred stock | -225,000,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||
net change in cash, cash equivalents and restricted cash | |||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash, beginning of year | |||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash, end of year | |||||||||||||||||||||||||||||||||||||||||||||||||
interest paid during the year including payment of early extinguishment of debt charges of 0, 7,538 and 1,531, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||
income taxes paid/ | |||||||||||||||||||||||||||||||||||||||||||||||||
repayments of unsecured revolving credit facility | |||||||||||||||||||||||||||||||||||||||||||||||||
interest paid during the period including payment of early extinguishment of debt charges of 0 and 7,538 | |||||||||||||||||||||||||||||||||||||||||||||||||
distributions from joint ventures and other real estate investments | 17,882,000 | 19,198,000 | 13,231,000 | 79,963,000 | 19,934,000 | 35,894,000 | 14,937,000 | 18,082,000 | 32,334,000 | 28,524,000 | 23,726,000 | 13,895,000 | 32,344,000 | 34,661,000 | 17,118,000 | 13,393,000 | 14,420,000 | 13,258,000 | 20,546,000 | 16,014,000 | 27,299,000 | 26,730,000 | 29,615,000 | ||||||||||||||||||||||||||
investments in and advances to other real estate investments | -55,294,000 | -419,000 | -3,640,000 | -800,000 | -478,000 | -2,818,000 | -2,914,000 | -6,771,000 | 0 | -51,000 | -302,000 | ||||||||||||||||||||||||||||||||||||||
reimbursements of investments in and advances to other real estate investments | 32,437,000 | 343,000 | 13,138,000 | 0 | 0 | 20,000 | 9,100,000 | 1,344,000 | 3,779,000 | ||||||||||||||||||||||||||||||||||||||||
proceeds from the unsecured revolving credit facility | |||||||||||||||||||||||||||||||||||||||||||||||||
net cash flow used for financing activities | |||||||||||||||||||||||||||||||||||||||||||||||||
net change in cash and cash equivalents | -23,790,000 | -39,336,000 | -31,789,000 | 123,290,000 | -250,109,000 | 327,849,000 | -17,363,000 | 27,319,000 | -29,682,000 | 92,000 | -2,805,000 | -159,191,000 | 87,264,000 | -20,200,000 | |||||||||||||||||||||||||||||||||||
cash and cash equivalents, beginning of the period | 0 | 293,188,000 | 0 | 0 | 123,947,000 | 0 | 0 | 143,581,000 | 0 | 0 | 238,513,000 | ||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, end of the period | -23,790,000 | 253,852,000 | 123,290,000 | -250,109,000 | 451,796,000 | 27,319,000 | -29,682,000 | 143,673,000 | -159,191,000 | 87,264,000 | 218,313,000 | ||||||||||||||||||||||||||||||||||||||
interest paid during the period | 66,714,000 | 29,383,000 | 22,430,000 | 72,020,000 | 24,286,000 | 72,253,000 | 39,508,000 | 38,043,000 | 33,545,000 | 75,331,000 | 32,799,000 | ||||||||||||||||||||||||||||||||||||||
(gain)/loss on marketable securities | -61,085,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of operating properties/change in control of interests | -28,250,000 | -95,240,000 | -56,971,000 | ||||||||||||||||||||||||||||||||||||||||||||||
equity in income from other real estate investments | -5,049,000 | -19,909,000 | -38,356,000 | -3,687,000 | -5,241,000 | -3,774,000 | -7,959,000 | -10,799,000 | -11,319,000 | ||||||||||||||||||||||||||||||||||||||||
acquisition of real estate under development | 0 | 0 | 0 | -4,592,000 | 0 | 0 | 0 | -10,010,000 | 0 | -810,000 | -37,883,000 | -12,895,000 | |||||||||||||||||||||||||||||||||||||
investment in and advances to other real estate investments | |||||||||||||||||||||||||||||||||||||||||||||||||
investment in other investments | 0 | 0 | -500,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||
change in other financing liabilities | 115,000 | -426,000 | -188,000 | -5,079,000 | 122,000 | 44,000 | -183,000 | -3,176,000 | -581,000 | ||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, beginning of year | |||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, end of year | |||||||||||||||||||||||||||||||||||||||||||||||||
interest paid during the year including payment of early extinguishment of debt charges of 7,538, 1,531 and 13,308, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||
investments in marketable securities | -87,000 | 0 | -157,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||
proceeds from construction loan financing | 1,603,000 | 3,849,000 | 3,300,000 | ||||||||||||||||||||||||||||||||||||||||||||||
interest paid during the period including payment of early extinguishment of debt charges of 7,538 and 1,531, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of operating properties | 183,000 | 13,264,000 | 161,081,000 | 56,417,000 | 34,713,000 | 72,069,000 | 158,229,000 | 123,721,000 | 288,148,000 | 184,633,000 | 104,452,000 | 10,066,000 | 10,305,000 | 56,498,000 | 41,892,000 | 47,850,000 | 135,613,000 | 79,245,000 | 55,112,000 | 7,121,000 | 6,569,000 | 46,544,000 | 9,484,000 | 17,760,000 | 46,941,000 | 0 | 22,459,000 | 1,219,000 | |||||||||||||||||||||
interest paid during the period including payment of early extinguishment of debt charges of 0 and 1,531, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds under the unsecured revolving credit facility | 475,000,000 | -79,981,000 | 180,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
net cash flow provided by/(used for) financing activities | 239,153,000 | -155,564,000 | |||||||||||||||||||||||||||||||||||||||||||||||
interest paid during the period including payment of early extinguishment of debt charges of 0 and 771, respectively | 25,383,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
deferred taxes | 1,045,000 | -1,075,000 | |||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of properties/change in control of interests | -31,836,000 | -9,025,000 | -14,762,000 | -23,595,000 | |||||||||||||||||||||||||||||||||||||||||||||
gain on change in control of joint venture interests | |||||||||||||||||||||||||||||||||||||||||||||||||
change in canadian withholding tax receivable | 8,858,000 | 4,645,000 | 28,828,000 | 61,654,000 | |||||||||||||||||||||||||||||||||||||||||||||
proceeds/(repayments) under the unsecured revolving credit facility | |||||||||||||||||||||||||||||||||||||||||||||||||
repayments under unsecured notes/term loan | 0 | -308,730,000 | |||||||||||||||||||||||||||||||||||||||||||||||
interest paid during the year including payment of early extinguishment of debt charges of 1,531, 13,308 and 2,631, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||
income taxes | |||||||||||||||||||||||||||||||||||||||||||||||||
interest paid during the period including payment of early extinguishment of debt charges of 1,531 and 13,308, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||
interest paid during the period including payment of early extinguishment of debt charges of 1,531 and 546, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||
interest paid during the period including payment of early extinguishment of debt charges of 771 and 0, respectively | 27,026,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of operating properties | -40,533,000 | -19,883,000 | -1,686,000 | -10,950,000 | -9,772,000 | -41,218,000 | -30,883,000 | -29,766,000 | |||||||||||||||||||||||||||||||||||||||||
reimbursements of investments and advances to real estate joint ventures | 987,000 | 14,238,000 | 28,104,000 | 28,327,000 | 36,472,000 | ||||||||||||||||||||||||||||||||||||||||||||
distributions from liquidation of real estate joint ventures | 2,827,000 | -357,000 | 85,103,000 | 50,902,000 | |||||||||||||||||||||||||||||||||||||||||||||
return of investment from liquidation of real estate joint ventures | 1,800,000 | 40,806,000 | |||||||||||||||||||||||||||||||||||||||||||||||
investment in other real estate investments | 0 | -97,000 | -455,000 | -114,000 | 0 | 0 | -43,000 | -190,000 | -87,000 | ||||||||||||||||||||||||||||||||||||||||
reimbursements of investments and advances to other real estate investments | 195,000 | 763,000 | -470,000 | 1,014,000 | 7,554,000 | 2,921,000 | 17,669,000 | ||||||||||||||||||||||||||||||||||||||||||
reimbursements of other investments | 0 | 0 | 3,746,000 | 1,060,000 | 6,065,000 | 13,064,000 | 2,133,000 | 489,000 | |||||||||||||||||||||||||||||||||||||||||
proceeds from sale of development properties | 0 | 0 | 0 | 4,551,000 | 0 | 12,132,000 | 7,724,000 | 8,936,000 | 29,839,000 | 9,036,000 | 123,844,000 | 73,361,000 | 36,180,000 | ||||||||||||||||||||||||||||||||||||
change in other financing liablities | |||||||||||||||||||||||||||||||||||||||||||||||||
interest paid during the year including payment of early extinguishment of debt charges of 13,308, 2,631 and 45,674, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||
gain on change in control of interests | 0 | 0 | -60,972,000 | -10,188,000 | -4,290,000 | -6,584,000 | |||||||||||||||||||||||||||||||||||||||||||
proceeds/repayments under the unsecured revolving credit facility | |||||||||||||||||||||||||||||||||||||||||||||||||
interest paid during the period including payment of early extinguishment of debt charges of 12,762 and 0, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||
(repayments)/proceeds under the unsecured revolving credit facility | |||||||||||||||||||||||||||||||||||||||||||||||||
repayments under the unsecured revolving credit facility | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of unsecured term loan/notes | 750,000,000 | 500,000,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
repayments under unsecured term loan/notes | -89,012,000 | -210,988,000 | 0 | -250,000,000 | -400,000,000 | -561,850,000 | 0 | -300,000,000 | -100,000,000 | ||||||||||||||||||||||||||||||||||||||||
conversion/distribution of noncontrolling interests | -4,968,000 | -1,189,000 | -80,715,000 | -12,603,000 | -2,092,000 | ||||||||||||||||||||||||||||||||||||||||||||
gain on sale of operating properties, net, net of tax | |||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of marketable securities | -6,053,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
interest paid during the year | |||||||||||||||||||||||||||||||||||||||||||||||||
(repayments)/proceeds from unsecured revolving credit facility | -15,042,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
change in cash and cash equivalents | 13,489,000 | -24,355,000 | 24,968,000 | -28,059,000 | -167,270,000 | 115,815,000 | 32,466,000 | 35,081,000 | 38,943,000 | 13,805,000 | 12,086,000 | 908,000 | -27,778,000 | 63,462,000 | 42,060,000 | -64,092,000 | |||||||||||||||||||||||||||||||||
cash and cash equivalents, beginning of period | 0 | 0 | 142,486,000 | 0 | 0 | 189,534,000 | 0 | 0 | 136,177,000 | 0 | 0 | 87,499,000 | 0 | ||||||||||||||||||||||||||||||||||||
cash and cash equivalents, end of period | 13,489,000 | -24,355,000 | 167,454,000 | -167,270,000 | 115,815,000 | 222,000,000 | 35,081,000 | 38,943,000 | 149,982,000 | 908,000 | -27,778,000 | 150,961,000 | -64,092,000 | 78,685,000 | |||||||||||||||||||||||||||||||||||
income taxes paid during the period | -8,019,000 | -1,476,000 | 2,801,000 | -60,343,000 | 70,679,000 | 23,960,000 | -4,844,000 | 3,748,000 | 33,000 | 5,027,000 | 5,529,000 | 350,000 | 5,143,000 | 514,000 | 3,288,000 | ||||||||||||||||||||||||||||||||||
investments and advances to real estate joint ventures | -36,395,000 | -23,898,000 | -8,655,000 | -17,505,000 | -30,805,000 | -22,869,000 | -40,438,000 | -88,477,000 | -33,982,000 | -67,378,000 | -30,076,000 | -82,622,000 | -57,224,000 | ||||||||||||||||||||||||||||||||||||
investment in mortgage loans receivable | -3,725,000 | -182,000 | -383,000 | -18,917,000 | -34,096,000 | -15,512,000 | -11,991,000 | -13,396,000 | |||||||||||||||||||||||||||||||||||||||||
principal payments on debt, excluding normal amortization | |||||||||||||||||||||||||||||||||||||||||||||||||
interest paid during the year including payment of early extinguishment of debt charges of 45,674, 0 and 0, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||
redemption of noncontrolling interests | -618,000 | -346,000 | |||||||||||||||||||||||||||||||||||||||||||||||
interest paid during the period including payment of early extinguishment of debt charges of 45,674 and 0, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities: by operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||
return on investment from liquidation of real estate joint ventures | 40,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
net cash flow used for/(provided by) investing activities | 127,802,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
gains on change in control of interests | -6,342,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
proceeds under unsecured revolving credit facility | 200,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
loss on operating properties held for sale/sold/transferred | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of development properties | 25,000 | -2,428,000 | -2,317,000 | -4,658,000 | -25,560,000 | -4,030,000 | -18,881,000 | -8,381,000 | |||||||||||||||||||||||||||||||||||||||||
gain on sale/transfer of operating properties | -1,555,000 | -697,000 | -10,494,000 | -9,997,000 | -85,000 | -1,224,000 | 0 | -642,000 | |||||||||||||||||||||||||||||||||||||||||
equity in (loss)/income of joint ventures | |||||||||||||||||||||||||||||||||||||||||||||||||
income from other real estate investments | -3,684,000 | -4,118,000 | -7,890,000 | -20,849,000 | -30,276,000 | -20,084,000 | -9,194,000 | -13,151,000 | |||||||||||||||||||||||||||||||||||||||||
distributions from joint ventures | 25,557,000 | 30,403,000 | 53,949,000 | 84,689,000 | 69,646,000 | 53,709,000 | 100,086,000 | 63,529,000 | |||||||||||||||||||||||||||||||||||||||||
acquisition of and improvements to operating real estate | -17,450,000 | -30,798,000 | -63,391,000 | -52,193,000 | -67,780,000 | -82,834,000 | -139,368,000 | -237,148,000 | |||||||||||||||||||||||||||||||||||||||||
acquisition of and improvements to real estate under development | -43,802,000 | -38,367,000 | -77,926,000 | -93,872,000 | -130,727,000 | -86,466,000 | -137,936,000 | -125,960,000 | |||||||||||||||||||||||||||||||||||||||||
reimbursements of advances to real estate joint ventures | 17,622,000 | 75,000 | 32,927,000 | 15,384,000 | 56,378,000 | 14,053,000 | 95,117,000 | 78,201,000 | 7,183,000 | ||||||||||||||||||||||||||||||||||||||||
other real estate investments | -1,890,000 | -3,309,000 | -19,595,000 | -26,301,000 | -7,535,000 | -24,024,000 | -15,860,000 | -120,247,000 | |||||||||||||||||||||||||||||||||||||||||
reimbursements of advances to other real estate investments | 3,896,000 | 3,481,000 | 6,506,000 | 12,898,000 | 20,197,000 | 32,161,000 | 6,545,000 | 21,525,000 | 18,103,000 | ||||||||||||||||||||||||||||||||||||||||
other investments | -454,000 | -2,836,000 | -6,000,000 | 0 | -16,386,000 | -3,080,000 | -6,249,000 | -19,613,000 | |||||||||||||||||||||||||||||||||||||||||
principal payments on construction loan financings | -42,381,000 | -10,059,000 | -7,341,000 | -2,559,000 | -20,311,000 | -603,000 | -24,392,000 | -6,084,000 | |||||||||||||||||||||||||||||||||||||||||
proceeds from mortgage/construction loan financings | 341,172,000 | 43,474,000 | 9,587,000 | 26,390,000 | 8,142,000 | 31,906,000 | 296,195,000 | 35,088,000 | 82,666,000 | ||||||||||||||||||||||||||||||||||||||||
borrowings under revolving unsecured credit facilities | |||||||||||||||||||||||||||||||||||||||||||||||||
repayment of borrowings under unsecured revolving credit facilities | -889,123,000 | -356,000 | -8,170,000 | ||||||||||||||||||||||||||||||||||||||||||||||
repayment of unsecured term loan/notes | |||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net (loss)/income to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||
equity in loss/(income) of joint ventures | |||||||||||||||||||||||||||||||||||||||||||||||||
cash retained from excess tax benefits | -30,000 | -518,000 | -926,000 | -484,000 | -63,000 | -250,000 | |||||||||||||||||||||||||||||||||||||||||||
principal payments on debt, excluding | |||||||||||||||||||||||||||||||||||||||||||||||||
normal amortization of rental property debt | -14,373,000 | -3,289,000 | |||||||||||||||||||||||||||||||||||||||||||||||
borrowings under unsecured credit facilities | 0 | 211,858,000 | |||||||||||||||||||||||||||||||||||||||||||||||
repayment of unsecured senior notes | -35,751,000 | -130,000,000 | 0 | -145,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
redemption of non-controlling interests | |||||||||||||||||||||||||||||||||||||||||||||||||
net cash flow provided by financing activities | 62,816,000 | -72,522,000 | 49,618,000 | 222,517,000 | 105,380,000 | ||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash provided | |||||||||||||||||||||||||||||||||||||||||||||||||
by operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||
loss on operating properties held for sale/sold | 89,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||
interest paid during the period (net of capitalized interest | |||||||||||||||||||||||||||||||||||||||||||||||||
of 5,635 and 6,399, respectively) | 26,569,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
extraordinary item | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||
minority interests in income of partnerships | -1,116,000 | 12,006,000 | 6,099,000 | 9,513,000 | 9,780,000 | 10,838,000 | 2,601,000 | ||||||||||||||||||||||||||||||||||||||||||
proceeds from transferred operating/development properties | 0 | 8,658,000 | 15,819,000 | ||||||||||||||||||||||||||||||||||||||||||||||
settlement of net investment hedges | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of unsecured senior notes | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||
redemption of minority interests in real estate partnerships | -52,783,000 | -6,758,000 | -4,969,000 | -2,293,000 | -21,638,000 | -13,940,000 | |||||||||||||||||||||||||||||||||||||||||||
interest paid during the year (net of capitalized interest | |||||||||||||||||||||||||||||||||||||||||||||||||
of 28,753, 25,505 and 22,741, respectively) | |||||||||||||||||||||||||||||||||||||||||||||||||
borrowings under unsecured revolving credit facilities | |||||||||||||||||||||||||||||||||||||||||||||||||
borrowings under credit facilities | 190,155,000 | 335,249,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
repayment of borrowings under credit facilities | 0 | -22,886,000 | -342,615,000 | ||||||||||||||||||||||||||||||||||||||||||||||
the accompanying notes are an integral part of these condensed consolidated financial statements. | |||||||||||||||||||||||||||||||||||||||||||||||||
cash flows from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||
adjustment of property carrying values | |||||||||||||||||||||||||||||||||||||||||||||||||
net cash flows from operating activities | |||||||||||||||||||||||||||||||||||||||||||||||||
cash flows from investing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||
net cash flows used for investing activities | |||||||||||||||||||||||||||||||||||||||||||||||||
net cash flows from financing activities | |||||||||||||||||||||||||||||||||||||||||||||||||
of 25,505, 22,741, and 12,587, respectively) | |||||||||||||||||||||||||||||||||||||||||||||||||
of 19,549, and 15,335, respectively) | |||||||||||||||||||||||||||||||||||||||||||||||||
borrowings under revolving credit facilities | 281,675,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
repayment of borrowings under revolving credit facilities | |||||||||||||||||||||||||||||||||||||||||||||||||
repayment of unsecured notes/term loan | |||||||||||||||||||||||||||||||||||||||||||||||||
of 12,383, and 9,646, respectively) | |||||||||||||||||||||||||||||||||||||||||||||||||
equity in income of real estate joint ventures | |||||||||||||||||||||||||||||||||||||||||||||||||
gain on early extinguishment of debt | |||||||||||||||||||||||||||||||||||||||||||||||||
distributions of unconsolidated investments | 30,610,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from transferred operating properties | 28,047,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
investment in unsecured claims | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of mortgage loan receivable | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from senior term loan | |||||||||||||||||||||||||||||||||||||||||||||||||
repayment of unsecured senior notes/term loan | |||||||||||||||||||||||||||||||||||||||||||||||||
payment of unsecured obligation | |||||||||||||||||||||||||||||||||||||||||||||||||
of 8,732, 8,887 and 9,089, respectively) | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of medium-term notes | |||||||||||||||||||||||||||||||||||||||||||||||||
repayment of medium-term note | |||||||||||||||||||||||||||||||||||||||||||||||||
repayment of unsecured notes | |||||||||||||||||||||||||||||||||||||||||||||||||
of 6,380 and 6,298, respectively) |
The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.
