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
 3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ (17,628) $ 13,089
Adjustments to reconcile net income (loss) to net cash provided by Operating activities:    
Depreciation and amortization, including related intangible assets 45,461 43,389
Depreciation and amortization on discontinued operations   3,453
Amortization of deferred stock units 117  
Amortization of stock compensation 4,543 606
Amortization of deferred financing costs and debt discount 769 773
Equity in loss of unconsolidated joint venture, net 1,235 1,750
Distributions of cumulative earnings from unconsolidated joint ventures 1,811 453
Changes in operating assets and liabilities:    
Increase in unbilled rents receivable, net (2,908) (6,335)
Increase in deferred charges, goodwill and other assets (15,745) (8,862)
Decrease in accounts receivable, net (2,316) 74
Increase in accounts payable, accrued expenses and other liabilities 21,579 9,797
Decrease increase in rents received in advance and security deposits (3,554) (3,339)
Increase in accrued interest payable (5,894) (5,783)
Net cash provided by operating activities 27,470 49,065
CASH FLOWS FROM INVESTING ACTIVITIES    
Rental property acquisitions and related intangibles   (61,318)
Rental property additions and improvements (14,600) (25,214)
Development of rental property, other related costs and deposits (7,357) (9,121)
Investment in unconsolidated joint ventures (1,889) (30,523)
Distributions in excess of cumulative earnings from unconsolidated joint ventures 456 1,233
Increase in restricted cash (826) (1,080)
Net cash used in investing activities (24,216) (126,023)
CASH FLOW FROM FINANCING ACTIVITIES    
Borrowings from revolving credit facility 70,000 153,500
Repayment of revolving credit facility   (61,500)
Repayment of senior unsecured notes (200,000)  
Proceeds from mortgages and loans payable 425 1,363
Repayment of mortgages, loans payable and other obligations (2,793) (2,643)
Payment of contingent consideration (3,936) (2,755)
Payment of financing costs   (236)
Proceeds from stock options exercised 0 0
Payment of dividends and distributions (29,922) (44,832)
Net cash (used in) provided by financing activities (166,226) 42,897
Net increase (decrease) in cash and cash equivalents (162,972) (34,061)
Cash and cash equivalents, beginning of period 221,706 58,245
Cash and cash equivalents, end of period $ 58,734 $ 24,184