DUKE REALTY CORPORATION DRE Cash Flow

Duke realty corporation (DRE)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10
Cash flows from operating activities:
Net income
407,381	432,644	409,548	234,540	358,543	387,268	513,008	625,112	1,657,208	1,654,341	1,512,355	1,459,887	342,303	315,278	291,617	255,666	599,648	621,861	610,142	604,491	286,853	246,455	314,912	244,692	177,997	196,549	92,811	73,925	-13,635	-75,868	6,860	9,540	13,410	96,309	61,881	134,185	127,403	65,262	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation of buildings and tenant improvements
281,581	272,422	268,051	262,089	254,729	256,250	253,148	243,762	240,378	242,606	243,783	253,708	259,471	255,419	253,102	251,653	248,968	253,683	265,451	274,285	285,721	290,279	291,428	291,848	289,428	288,583	283,464	276,696	269,513	262,825	256,567	258,895	264,019	267,222	273,840	276,631	272,148	271,058	0	0	0
Amortization of deferred leasing and other costs
55,009	54,801	54,870	55,763	55,951	55,967	55,626	54,186	55,066	56,866	58,302	61,036	62,106	62,399	62,739	63,398	64,256	67,163	71,913	78,181	86,052	94,338	105,050	114,068	118,106	120,467	119,094	116,563	117,430	116,594	117,021	116,889	118,935	118,457	114,687	112,474	98,849	89,126	0	0	0
Amortization of deferred financing costs
7,193	6,536	6,170	6,148	6,011	5,867	5,656	5,570	5,504	5,402	5,378	5,391	5,325	5,327	5,452	5,770	6,185	6,997	7,906	8,579	9,417	9,786	10,478	11,143	11,960	12,968	13,356	13,662	13,582	13,321	13,338	13,705	14,132	14,530	14,475	14,156	13,915	13,897	0	0	0
Straight line rent adjustments, net
17,196	21,197	23,469	24,140	24,021	24,605	20,793	19,260	19,411	16,051	14,932	15,697	13,743	13,743	14,730	15,389	16,505	22,396	22,044	21,848	22,810	19,965	18,631	16,736	15,768	14,633	47,692	37,205	30,237	19,546	27,164	26,894	11,059	23,877	-46,497	-36,203	-14,130	-15,233	0	0	0
Asset Impairment Charges
0	-	-	-	0	-	-	-	-	4,481	7,401	6,821	12,472	18,018	30,134	29,518	29,337	22,932	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (Loss) on Extinguishment of Debt
-24,113	-6,320	-161	-250	-401	-388	-240	-16,719	-26,129	-26,104	-51,365	-41,040	-33,909	-33,934	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-16,349	0	0	0
Gain on involuntary conversion
0	2,259	2,259	2,259	2,259	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on acquisitions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	962	962	962	962	0	0	0	0	-	-	-	-	-	-	-	-
Gains on land and depreciated property sales
250,921	242,543	225,005	51,322	171,889	219,114	354,752	498,604	1,490,107	1,480,691	1,363,520	1,300,342	195,904	172,974	186,115	174,481	657,984	689,647	676,275	659,816	213,098	195,920	260,132	215,413	222,952	201,968	130,760	116,943	29,132	13,811	241,322	242,682	83,773	169,431	-187,331	-175,278	-5,104	-72,716	0	0	0
Third-party construction contracts, net
3,226	-9,254	-3,906	-5,367	3,333	15,400	6,767	2,177	81	-1,000	-2,351	-2,605	-4,223	-5,273	-13,439	200	-7,037	-4,033	16,639	2,066	18,882	17,231	-406	-12,789	-21,193	-31,920	-11,985	6,286	1,576	10,837	31,474	38,639	1,501	17,352	-41,738	-49,514	-2,524	-6,449	0	0	0
Other accrued revenues and expenses, net
-12,631	-8,476	-30,954	-32,972	-16,956	-47,711	-20,883	-23,796	-26,699	-3,104	-20,698	-19,738	-36,095	-16,682	-25,728	-23,961	-39,912	-11,025	-36,927	-24,752	-29,596	-47,718	-28,259	-23,184	-14,056	-21,706	-10,046	-20,613	56,077	-13,300	-53,208	-26,515	-110,062	-24,001	96,771	56,340	154,649	68,892	0	0	0
Equity in earnings in excess of operating distributions received from unconsolidated joint ventures
16,302	18,556	6,082	7,827	5,285	9,925	6,269	3,240	51,349	46,958	51,449	60,850	14,434	30,627	-397	-18,598	-10,277	-25,287	6,519	25,299	64,210	60,362	51,182	36,169	-14,149	32,164	10,460	17,806	25,756	-13,179	-16,713	-17,202	-2,854	-15,804	28,181	22,310	868	8,851	0	0	0
Net cash provided by operating activities
505,889	505,898	516,845	511,581	485,804	484,407	459,980	449,486	453,658	450,204	464,460	490,152	493,854	457,017	462,863	409,200	416,844	386,651	401,706	416,109	428,028	444,487	439,051	441,501	421,379	435,676	415,245	356,916	347,248	299,157	293,989	333,691	334,855	337,537	393,388	387,050	398,984	391,156	0	0	0
Cash flows from investing activities:
Development of real estate investments
531,929	446,801	443,695	555,512	558,809	577,383	587,374	487,916	541,182	549,563	515,445	477,513	406,490	401,942	457,464	474,111	411,891	370,466	282,835	329,764	408,063	446,722	491,745	429,728	429,084	427,355	409,113	393,765	338,800	264,755	212,734	178,617	154,391	162,070	162,708	141,287	125,262	119,404	0	0	0
Acquisition of buildings and related intangible assets
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments to Acquire Real Estate
-	-	-	-	-	348,100	570,600	954,000	891,031	982,600	775,506	392,106	285,004	170,635	16,029	23,949	27,959	28,849	60,044	60,974	108,893	125,227	166,612	196,409	427,243	445,514	717,362	768,773	569,507	665,527	686,868	676,040	654,070	544,816	0	0	0	-	-	-	-
Acquisition of land and other real estate assets
421,674	388,202	273,638	346,648	230,557	244,262	310,355	274,409	260,666	243,846	149,237	139,848	122,361	99,168	77,593	41,545	67,124	39,881	70,458	81,935	65,886	68,156	84,133	65,221	73,776	76,655	57,879	54,807	57,913	64,944	47,431	47,461	26,270	14,090	0	0	0	-	-	-	-
Second generation tenant improvements, leasing costs and building improvements
45,409	47,549	50,807	47,600	49,617	53,474	52,515	58,779	56,225	52,554	54,530	49,224	55,379	59,349	55,381	61,266	58,805	61,900	75,034	85,325	96,686	98,821	101,221	99,032	94,310	91,798	77,254	70,126	65,642	63,884	74,214	88,871	97,149	99,264	97,094	95,202	84,726	88,723	0	0	0
Other deferred leasing costs
49,138	38,509	40,240	29,745	31,294	39,380	35,500	34,904	35,608	30,208	34,860	39,508	34,449	38,410	29,799	23,481	26,027	30,790	33,495	38,825	35,919	31,503	33,677	32,723	33,003	35,376	31,692	28,952	29,709	27,772	28,088	28,957	29,181	26,311	33,795	69,464	50,675	38,905	0	0	0
Other assets
16,436	10,777	17,710	17,169	23,231	14,535	8,003	30,198	3,459	6,960	181,190	176,202	47,988	11,854	-183,471	-258,658	418	19,083	48,614	108,695	2,252	9,996	14,922	18,433	19,498	30,161	10,895	7,691	1,122	-4,504	-5,921	-2,019	1,567	-747	-5,087	-24,588	-1,957	7,260	0	0	0
Proceeds from the repayments of notes receivable from property sales
237,550	162,550	149,194	134,217	149,239	154,107	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from Sale of Real Estate Held-for-investment
457,900	432,700	456,600	175,300	381,900	511,400	674,600	973,600	2,548,300	2,520,000	2,449,782	2,344,018	584,590	538,900	510,631	544,778	1,623,208	1,675,690	1,641,179	1,585,971	532,436	493,217	795,514	693,910	748,781	740,039	356,299	307,837	136,768	138,118	1,179,964	1,163,294	1,197,880	1,572,093	0	0	0	-	-	-	0
Capital distributions from unconsolidated joint ventures
-	-	-	-	-	23,133	32,497	30,838	129,502	124,956	185,172	201,280	101,457	126,051	52,584	38,309	96,273	68,985	90,611	118,461	91,368	91,750	72,906	60,214	22,467	109,158	106,573	94,394	94,394	5,157	9,412	4,522	4,522	59,252	72,952	72,952	80,746	22,119	0	0	0
Capital contributions and advances to unconsolidated joint ventures
30,375	34,496	9,155	9,265	12,394	5,920	6,748	10,901	10,026	10,323	9,364	8,998	34,974	57,914	72,240	73,154	45,955	72,407	60,719	57,616	60,842	11,573	28,635	52,625	57,294	61,720	48,210	25,342	29,838	28,513	25,506	67,954	44,195	34,606	129,966	52,854	59,009	53,194	0	0	0
Net cash used for investing activities
-507,449	-555,074	-508,674	-938,056	-762,400	-594,430	-714,681	-686,987	926,442	775,912	1,126,818	1,463,474	-96,158	30,099	38,180	144,239	1,081,302	1,121,299	1,100,591	941,298	-154,737	-207,031	-52,525	-140,047	-362,960	-319,382	-889,533	-947,225	-861,369	-967,616	120,456	115,769	207,715	750,935	143,505	38,642	81,005	-288,790	0	0	0
Cash flows from financing activities:
Proceeds from issuance of common shares, net
273,734	272,761	226,994	75,665	38,699	34,913	36,665	11,069	13,303	13,383	10,054	124,104	220,496	220,258	217,451	99,618	196	4,530	37,752	102,771	270,221	289,122	273,121	238,870	98,788	649,690	711,525	765,964	743,011	315,295	236,301	151,258	146,969	0	0	0	0	-	-	-	-
Payments for redemption/repurchase of preferred shares
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	446,592	113,797	17,656	17,656	177,955	177,955	177,955	177,955	168,272	168,272	276,902	276,902	110,726	0	0	0	-	-	-	-
Proceeds from unsecured debt
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	750,000	500,000	800,000	850,000	600,000	0	0	0	-	-	-	-	-	-	-	-
Payments on unsecured debt
572,467	255,812	5,192	5,868	6,534	7,190	2,643	147,535	692,177	692,137	846,193	910,296	440,077	440,040	438,534	229,457	663,178	913,143	760,484	760,417	252,125	2,092	260,116	260,084	685,053	685,022	476,934	647,905	222,875	222,846	340,460	291,963	291,935	334,432	166,762	48,114	320,809	392,597	0	0	0
Proceeds from secured notes payable
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,933	1,964	1,964	15,269	13,336	0	0	0	-	-	-	-	4,158	0	0	0
Payments on secured indebtedness including principal amortization
3,726	45,515	45,816	270,028	273,554	232,234	232,564	32,233	56,454	72,648	73,263	52,212	355,994	354,832	377,303	387,239	198,891	245,665	240,926	231,148	154,557	112,877	150,127	227,737	173,173	169,188	122,144	44,767	124,318	117,287	111,424	123,926	35,583	29,025	223,087	209,711	208,340	207,060	0	0	0
Borrowings on line of credit, net
-40,000	-30,000	0	252,000	165,000	30,000	-5,000	0	-162,000	-48,000	5,000	0	89,000	-23,000	0	0	-305,000	-35,000	-140,000	-60,000	273,000	18,000	-70,000	-28,000	180,000	-197,000	210,000	67,707	-20,293	264,707	-304,293	1,964	1,964	-172,753	206,313	2,246	2,453	177,276	0	0	0
Distributions to common shareholders/unitholders
328,027	318,702	309,362	303,245	297,341	291,502	285,692	281,675	277,843	273,999	270,164	265,759	260,571	255,279	250,032	245,491	241,769	238,114	234,277	233,582	231,238	228,227	225,403	222,662	221,215	220,297	211,620	202,227	192,648	181,892	178,080	175,190	172,844	171,814	171,716	171,599	166,785	162,015	0	0	0
Distributions to preferred shareholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	27,395	28,144	28,897	29,206	31,616	39,069	42,794	46,521	46,438	45,636	48,954	53,846	60,353	62,363	64,690	67,079	69,468	0	0	0
Distributions to noncontrolling Interest
-2,926	-2,648	-2,574	-2,275	-2,281	-2,456	-5,221	-11,945	-11,922	-11,882	-9,092	-2,634	-2,650	-2,640	-3,306	-2,664	-2,678	-2,754	-2,150	-2,881	-2,727	-2,791	-8,296	-8,402	-8,753	-8,944	2,275	3,980	185	2,179	-12,032	-11,337	-5,404	-5,292	4,849	4,273	8,132	5,741	0	0	0
Tax payments on stock-based compensation awards
5,409	6,825	5,765	5,800	5,942	8,459	8,467	14,071	14,082	14,946	14,912	9,277	9,789	7,103	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in book cash overdrafts
-24,006	138	-59,063	29,117	21,060	-22,088	34,348	1,063	-17,639	22,924	24,594	-172	18,132	2,324	121	-2,260	-6,355	3,392	0	-17,677	-7,271	-4,696	-1,048	13,757	16,078	-32,823	1,047	6,351	0	45,272	0	0	0	-	-	-	-	-	-	-	-
Other Financing Activities
26	-10,183	-9,920	-9,920	-9,920	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred financing costs
8,810	4,839	2,026	8,786	8,786	9,071	17,400	9,208	9,209	8,931	171	536	6,731	6,724	6,719	6,346	150	260	13,069	13,213	13,268	13,458	2,893	3,103	5,922	9,686	8,265	11,670	13,165	9,307	14,156	10,885	7,588	8,652	5,711	5,446	6,222	5,074	0	0	0
Net cash provided by financing activities
169,875	145,090	-30,440	200,860	70,401	-58,087	-38,807	-487,825	-1,231,313	-1,089,526	-1,174,604	-1,116,782	-373,184	-492,036	-566,706	-481,993	-1,500,312	-1,503,339	-1,392,555	-1,358,378	-274,959	-238,809	-344,506	-301,631	-346,112	-130,908	385,248	505,146	806,548	488,539	-317,475	-460,540	-694,945	-893,047	-541,560	-564,312	-343,873	-231,304	0	0	0
Net increase (decrease) in cash, cash equivalents and restricted cash
168,315	95,914	-22,269	-225,615	-206,195	-168,110	-293,508	-725,326	148,787	136,590	416,674	836,844	24,512	-4,920	-65,663	71,446	-2,166	4,611	109,742	-971	-1,668	-1,353	42,020	-177	-287,693	-14,614	-89,040	-85,163	292,427	-179,920	96,970	-11,080	-152,375	195,425	-4,667	-138,620	136,116	-128,938	0	0	0
Noncash activities:
Liabilities and right-of-use assets - operating leases
2,807	40,467	38,826	37,810	38,792	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Assumption of indebtedness and other liabilities in real estate acquisitions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	355	1,491	1,726	108,018	107,992	199,317	199,010	93,178	112,754	47,032	66,672	110,753	177,082	0	0	0	-	-	-	-
Carrying amount of pre-existing ownership interest in acquired property
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,968	630	630	630	0	0	0	0	-	-	-	-	-	-	-	-
Non-cash property contribution from noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	53,293	0	0	0	-	-	0	0
Notes receivable from buyers in property sales
-	-	-	-	-	-	-	-	-	-	-	-	-	23,360	1,593	6,021	206,021	204,336	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Conversion of Limited Partner Units to common shares
-	-	-	-	-	-	-	-	-	1,847	1,666	2,465	2,502	967	1,082	4,361	2,283	2,483	9,101	4,992	7,091	6,741	49	49	-6	331	549	543	90	29,213	0	0	0	-	-	-	-	-8,055	0	0	0
Issuance of Limited Partner Units for acquisition
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	28,357	0	0	0	-	-	-	-
Preferred distributions declared but not paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-
Duke Realty Limited Partnership [Member]
Net income
407,381	432,644	409,548	234,540	358,543	387,268	513,008	625,112	1,657,208	1,654,341	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation of buildings and tenant improvements
281,581	272,422	268,051	262,089	254,729	256,250	253,148	243,762	240,378	242,606	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of deferred leasing and other costs
55,009	54,801	54,870	55,763	55,951	55,967	55,626	54,186	55,066	56,866	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of deferred financing costs
7,193	6,536	6,170	6,148	6,011	5,867	5,656	5,570	5,504	5,402	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Straight line rent adjustments, net
17,196	21,197	23,469	24,140	24,021	24,605	20,793	19,260	19,411	16,051	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Asset Impairment Charges
0	-	-	-	0	-	-	-	-	4,481	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (Loss) on Extinguishment of Debt
-24,113	-6,320	-161	-250	-401	-388	-240	-16,719	-26,129	-26,104	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on involuntary conversion
0	2,259	2,259	2,259	2,259	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gains on land and depreciated property sales
250,921	242,543	225,005	51,322	171,889	219,114	354,752	498,604	1,490,107	1,480,691	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Third-party construction contracts, net
3,226	-9,254	-3,906	-5,367	3,333	15,400	6,767	2,177	81	-1,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other accrued revenues and expenses, net
-12,631	-8,476	-30,954	-32,972	-16,956	-47,711	-20,883	-23,796	-26,699	-3,104	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity in earnings in excess of operating distributions received from unconsolidated joint ventures
16,302	18,556	6,082	7,827	5,285	9,925	6,269	3,240	51,349	46,958	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by operating activities
505,889	505,898	516,845	511,581	485,804	484,407	459,980	449,486	453,658	450,204	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Development of real estate investments
531,929	446,801	443,695	555,512	558,809	577,383	587,374	487,916	541,182	549,563	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of buildings and related intangible assets
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments to Acquire Real Estate
-	-	-	-	-	348,107	570,643	954,040	891,030	982,598	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of land and other real estate assets
421,674	388,202	273,638	346,648	230,557	244,262	310,355	274,409	260,666	243,846	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Second generation tenant improvements, leasing costs and building improvements
45,409	47,549	50,807	47,600	49,617	53,474	52,515	58,779	56,225	52,554	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other deferred leasing costs
49,138	38,509	40,240	29,745	31,294	39,380	35,500	34,904	35,608	30,208	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
16,436	10,777	17,710	17,169	23,231	14,535	8,003	30,198	3,459	6,960	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from the repayments of notes receivable from property sales
237,550	162,550	149,194	134,217	149,239	154,107	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from Sale of Real Estate Held-for-investment
457,833	432,662	456,581	175,366	381,921	511,391	674,025	979,782	2,551,618	2,523,358	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital distributions from unconsolidated joint ventures
-	-	-	-	-	23,133	32,497	30,838	129,502	124,956	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital contributions and advances to unconsolidated joint ventures
30,375	34,496	9,155	9,265	12,394	5,920	6,748	10,901	10,026	10,323	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used for investing activities
-507,449	-555,074	-508,674	-938,056	-762,400	-594,430	-714,681	-686,987	926,442	775,912	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contributions from the General Partner
273,734	272,761	226,994	75,665	38,699	34,913	36,665	11,069	13,303	13,383	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from unsecured debt
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments on unsecured debt
572,467	255,812	5,192	5,868	6,534	7,190	2,643	147,535	692,177	692,137	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from secured notes payable
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments on secured indebtedness including principal amortization
3,726	45,515	45,816	270,028	273,554	232,234	232,564	32,233	56,454	72,648	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Borrowings on line of credit, net
-40,000	-30,000	0	252,000	165,000	30,000	-5,000	0	-162,000	-48,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions to common shareholders/unitholders
330,899	321,469	312,101	305,968	300,070	294,233	288,369	284,319	280,433	276,539	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions to noncontrolling Interest
-54	119	165	448	448	275	251	-6,506	-6,537	-6,547	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax payments on stock-based compensation awards
5,409	6,825	5,765	5,800	5,942	8,459	8,467	14,071	14,082	14,946	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in book cash overdrafts
-24,006	138	-59,063	29,117	21,060	-22,088	34,348	1,063	-17,639	22,924	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Financing Activities
26	-10,183	-9,920	-9,920	-9,920	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred financing costs
8,810	4,839	2,026	8,786	8,786	9,071	17,400	9,208	9,209	8,931	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
169,875	145,090	-30,440	200,860	70,401	-58,087	-38,807	-487,825	-1,231,313	-1,089,526	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase (decrease) in cash, cash equivalents and restricted cash
168,315	95,914	-22,269	-225,615	-206,195	-168,110	-293,508	-725,326	148,787	136,590	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Liabilities and right-of-use assets - operating leases
2,807	40,467	38,826	37,810	38,792	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Conversion of Limited Partner Units to common shares
-	-	-	-	-	-	-	-	-	1,847	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-