| Operating activities: |
| Net income |
91.45M |
| Adjustments to reconcile net income to net cash provided by operating activities: |
| Depreciation and amortization |
| Allowance for doubtful accounts |
1.87M |
| Non-cash revenue adjustments |
1.27M |
| Other non-cash adjustments |
10M |
| Compensation expense related to restricted common stock and LTIP units / share-based payments |
14.81M |
| Distributions representing a return on capital from unconsolidated partnerships |
1.89M |
| Changes in operating assets and liabilities: |
| Restricted cash |
| Accounts receivable |
-4.72M |
| Accrued straight-line rents |
| Deferred leasing costs |
-30.61M |
| Other assets |
-9.14M |
| Security deposits |
| Accounts payable, accrued expenses and other liabilities |
12.93M |
| Net cash provided by operating activities |
206.54M |
| Investing activities: |
| Purchases of interests in and additions to investments in real estate and related intangible assets |
-210.51M |
| Purchases of equity securities |
-33.78M |
| Proceeds from the sale of equity securities |
90.38M |
| Funds held in escrow for acquisitions |
| Net cash used in investing activities |
-403.56M |
| Financing activities: |
| Proceeds from common stock offering |
| Payment of common stock offering costs |
| Payment of deferred loan costs |
-78K |
| Unsecured line of credit proceeds |
407M |
| Unsecured line of credit payments |
-28M |
| Principal payments on mortgage notes payable |
-28.56M |
| Secured term loan repayments |
| Repurchases of exchangeable senior notes due 2026 |
| Proceeds from exchangeable senior notes due 2030 |
| Proceeds from unsecured senior notes |
0 |
| Deferred settlement payments on interest rate swaps, net |
| Distributions to operating partnership unit and LTIP unit holders |
-4.21M |
| Dividends paid to common stockholders/unitholders |
-161.4M |
| Dividends paid to preferred stockholders/unitholders |
| Net cash provided by financing activities |
199.35M |
| Net (decrease)/increase in cash and cash equivalents |
2.02M |
| Cash and cash equivalents at beginning of period |
46.66M |
| Cash and cash equivalents at end of period |
48.68M |
| Supplemental disclosure of cash flow information: |
| Cash paid during the period for interest (net of amounts capitalized of $3,311 and $2,946, respectively) |
45.56M |
| Supplemental disclosure of non-cash investing and financing activities: |
| Accrual for preferred stock/unit dividends/distributions declared |
| Accrual for common stock/unit dividends/distributions declared |
54.32M |
| Accrual for distributions declared for operating partnership unit and LTIP unit holders |
1.4M |
| Accrued additions to real estate and related intangible assets |
117.03M |
| Operating activities: |
| Net income |
91.45M |
| Adjustments to reconcile net income to net cash provided by operating activities: |
| Depreciation and amortization |
| Allowance for doubtful accounts |
1.87M |
| Non-cash revenue adjustments |
1.27M |
| Other non-cash adjustments |
10M |
| Compensation expense related to restricted common stock and LTIP units / share-based payments |
14.81M |
| Distributions representing a return on capital from unconsolidated partnerships |
1.89M |
| Changes in operating assets and liabilities: |
| Restricted cash |
| Accounts receivable |
-4.72M |
| Accrued straight-line rents |
| Deferred leasing costs |
-30.61M |
| Other assets |
-9.14M |
| Security deposits |
| Accounts payable, accrued expenses and other liabilities |
12.93M |
| Net cash provided by operating activities |
206.54M |
| Investing activities: |
| Purchases of interests in and additions to investments in real estate and related intangible assets |
-210.51M |
| Purchases of equity securities |
-33.78M |
| Proceeds from the sale of equity securities |
90.38M |
| Funds held in escrow for acquisitions |
| Net cash used in investing activities |
-403.56M |
| Financing activities: |
| Proceeds from issuance of OP units |
| Payment of deferred loan costs |
-78K |
| Unsecured line of credit proceeds |
407M |
| Unsecured line of credit payments |
-28M |
| Principal payments on mortgage notes payable |
-28.56M |
| Secured term loan repayments |
| Repurchases of exchangeable senior notes due 2026 |
| Proceeds from exchangeable senior notes due 2030 |
| Proceeds from unsecured senior notes |
0 |
| Deferred settlement payments on interest rate swaps, net |
| Dividends paid to common stockholders/unitholders |
-157.19M |
| Dividends paid to preferred stockholders/unitholders |
| Net cash provided by financing activities |
199.35M |
| Net (decrease)/increase in cash and cash equivalents |
2.02M |
| Cash and cash equivalents at beginning of period |
46.66M |
| Cash and cash equivalents at end of period |
48.68M |
| Supplemental disclosure of cash flow information: |
| Cash paid during the period for interest (net of amounts capitalized of $3,311 and $2,946, respectively) |
45.56M |
| Supplemental disclosure of non-cash investing and financing activities: |
| Accrual for preferred stock/unit dividends/distributions declared |
| Accrual for common stock/unit dividends/distributions declared |
52.92M |
| Accrued additions to real estate and related intangible assets |
117.03M |
