Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements Of Cash Flows

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Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 41,804 $ 42,712
Adjustments to reconcile net income to net cash provided by Operating activities:    
Depreciation and amortization, including related intangible assets 132,698 135,148
Depreciation and amortization on discontinued operations   8,196
Amortization of deferred stock units 309  
Amortization of stock compensation 6,439 2,451
Amortization of deferred financing costs and debt discount 2,306 2,379
Write off of unamortized discount on senopr unsecured notes   156
Equity in (earnings) loss of unconsolidated joint venture, net 2,060 2,059
Distributions of cumulative earnings from unconsolidated joint ventures 10,974 6,468
Realized (gains) on disposition of rental property, net (54,848) (61,079)
Impairments   48,700
Changes in operating assets and liabilities:    
Increase in unbilled rents receivable, net (4,477) (8,504)
Increase in deferred charges, goodwill and other assets (23,042) (27,584)
(Increase) decrease in accounts receivable, net (1,911) 1
Increase in accounts payable, accrued expenses and other liabilities 13,565 5,967
Decrease in rents received in advance and security deposits (5,938) (10,059)
Decrease in accrued interest payable (4,440) (4,083)
Net cash provided by operating activities 115,499 142,928
CASH FLOWS FROM INVESTING ACTIVITIES    
Rental property acquisitions and related intangibles (46,883) (149,200)
Rental property additions and improvements (77,109) (67,172)
Development of rental property, other related costs and deposits (4,881) (12,954)
Proceeds from the sale of rental property 274,839 332,540
Issuance of notes and mortgages receivable (62,276) (16,425)
Repayment of notes receivable 10,250 208
Investment in unconsolidated joint ventures (57,568) (32,235)
Distributions in excess of cumulative earnings from unconsolidated joint ventures 36,303 20,671
(Increase) decrease in restricted cash (6,777) 126
Net cash provided by investing activities 65,898 75,559
CASH FLOW FROM FINANCING ACTIVITIES    
Borrowings from revolving credit facility 262,328 289,000
Repayment of revolving credit facility (262,328) (289,000)
Proceeds from senior unsecured notes   268,928
Repayment of senior unsecured notes (200,000) (100,000)
Proceeds from mortgages and loans payable 28,350 2,343
Repayment of mortgages, loans payable and other obligations (44,825) (12,185)
Payment of contingent consideration (5,228) (2,755)
Payment of financing costs (1,021) (5,459)
Payment of dividends and distributions (74,851) (119,561)
Net cash (used in) provided by financing activities (297,575) 31,311
Net (decrease) increase in cash and cash equivalents (116,178) 249,798
Cash and cash equivalents, beginning of period 221,706 58,245
Cash and cash equivalents, end of period $ 105,528 $ 308,043