HIGHWOODS PROPERTIES, INC. HIW Cash Flow

Highwoods properties, inc. (HIW)

CashFlow / Quarterly

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
Operating activities:
Net income
191,340	62,346	29,557	41,394	8,386	55,377	35,009	52,998	34,246	59,075	59,549	39,554	33,485	27,036	33,840	33,528	446,735	21,917	31,617	26,891	20,835	23,585	54,299	24,512	13,576	31,690	56,068	29,579	13,760	15,609	35,796	14,498	18,332	12,850	8,244	14,434	12,443	11,399	8,773	40,049	12,082
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
61,150	64,990	60,850	59,460	69,204	58,032	57,661	56,694	57,568	58,898	56,973	55,816	56,145	58,406	52,923	55,317	53,494	59,757	54,652	51,240	50,308	49,128	48,287	50,443	48,165	49,154	48,789	42,475	42,292	40,563	38,651	40,598	38,515	39,552	36,320	33,462	33,812	35,430	34,281	33,535	32,912
Amortization of lease incentives and acquisition-related intangible assets and liabilities
-649	-702	-671	-821	1,689	-455	-528	-451	-509	-506	-321	-335	-10	-397	-420	-1,287	108	-128	205	76	-67	193	15	152	82	87	456	-62	-136	-3	178	111	69	99	379	469	499	432	270	276	261
Share-based compensation expense
2,500	1,000	700	900	4,600	900	1,132	1,173	4,295	936	927	1,054	3,783	839	862	994	3,556	888	929	1,201	3,866	760	798	1,119	4,262	1,003	1,159	1,297	3,440	1,149	2,005	2,037	2,422	1,323	1,318	1,427	2,026	1,512	1,563	1,442	2,055
Credit losses on operating lease receivables
1,249	1,150	567	829	7,315	421	599	-35	227	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Write-off of mortgages and notes receivable
0	0	0	0	4,087	0	0	0	0	-435	325	49	61	155	628	141	1,077	252	677	757	417	240	664	153	1,125	487	649	-46	426	-176	697	-41	579	935	557	731	298	404	969	1,305	1,331
Accrued interest on mortgages and notes receivable
31	33	33	33	85	115	111	113	112	118	117	142	132	138	152	170	42	44	45	98	170	123	122	117	115	485	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of debt issuance costs
767	776	739	719	736	731	718	722	686	721	796	809	840	861	844	811	990	1,144	873	828	800	812	819	799	652	942	963	948	949	976	907	900	902	864	806	821	821	857	858	835	835
Amortization of cash flow hedges
-72	-92	-283	-360	-515	-811	-654	-515	-106	165	211	297	484	721	758	783	795	915	932	925	924	953	952	944	928	942	840	800	788	803	3,709	-1,492	33	-205	29	29	29	-499	-25	48	239
Amortization of mortgages and notes payable fair value adjustments
426	426	406	402	385	378	377	377	317	283	283	169	-30	-59	-59	-57	-59	-65	-77	27	57	57	57	-93	-809	-810	-1,015	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Impairments of real estate assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	1,066	1,128	0	0	0	0	-	-	-	-	-	-	-	-
Impairments of real estate assets held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-
Losses on debt extinguishment
0	0	-265	0	-375	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-3	-32	0	-164	0	0	-973	0	-	-	-	-	-	-	-	-
Net gains on disposition of property
153,067	29,299	3,515	6,703	0	-	-	-	-	28,976	19,849	0	5,332	647	3,902	5,861	418,893	863	7,012	2,412	1,157	2,167	36,238	5,947	384	11,439	37,980	13,126	1,244	0	22,936	1,385	5,134	302	2,835	200	0	19	19	-243	193
Gains on for-sale residential condominiums
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	189	80	110	65	6	-476	116	38	-131	54	163	190
Income (Loss) from Equity Method Investments
963	907	940	765	664	597	573	546	522	647	5,047	755	955	783	2,808	917	1,285	711	780	1,776	1,811	941	248	667	-29	4,088	-3,173	913	436	2,365	1,324	1,508	-162	945	1,113	1,353	1,467	1,120	1,018	888	795
Changes in financing obligation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-387	407	221	162	200	286	105	272	426	250	334	137	94	171	74	-811	22	29	52
Distributions of earnings from unconsolidated affiliates
341	419	61	60	609	161	237	825	881	263	1,908	476	2,431	488	2,841	378	717	802	661	2,052	1,386	1,053	418	428	788	856	302	1,682	1,145	1,369	1,024	837	1,388	1,629	1,238	1,025	1,137	1,500	1,216	1,036	681
Settlement of cash flow hedges
0	0	-6,605	0	-5,144	0	0	0	7,216	0	0	0	7,322	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in operating assets and liabilities:
Accounts receivable
-824	-340	-1,896	2,924	2,583	3,019	-309	-1,181	-3,288	5,890	3,442	-436	-3,922	1,397	-4,979	782	-601	301	7	1,443	-3,166	1,352	3,253	-778	-713	412	2,803	-3,774	1,479	2,178	1,988	-4,828	-2,470	5,005	1,672	828	993	7,979	-3,259	2,498	-3,928
Prepaid expenses and other assets
8,745	-1,152	-3,763	-3,648	6,953	-2,704	-3,745	-2,460	7,692	-5,173	-4,190	-4,504	5,959	2,180	-3,054	-1,280	6,577	-4,741	-890	-2,404	6,769	-2,312	-2,035	-298	5,260	-2,872	-96	-249	2,533	-2,129	100	-1,339	4,497	-186	-58	-802	1,446	-175	-1,929	2,243	-509
Accrued straight-line rents receivable
10,888	8,873	6,682	7,370	6,903	5,258	5,238	6,088	6,619	7,761	9,245	9,043	6,185	5,314	5,331	6,976	6,624	5,801	5,538	5,826	5,591	5,483	5,837	3,908	6,457	5,885	4,359	2,221	5,788	4,310	4,194	4,033	5,382	4,324	3,182	2,884	3,214	20,366	-3,181	-3,889	-1,407
Accounts payable, accrued expenses and other liabilities
20,564	13,157	-27,611	-21,569	11,798	22,496	-16,311	-13,720	14,636	1,212	-9,510	-11,133	20,951	4,171	-6,523	-12,388	26,358	3,057	-13,293	-13,961	33,088	-14,209	-5,782	-14,093	25,690	-5,170	-10,867	-9,591	10,252	-2,293	4,311	-10,992	27,344	-12,583	-7,912	-11,497	15,291	-12,419	4,055	7,028	-3,676
Net cash provided by operating activities
63,614	79,536	112,972	110,576	62,713	65,670	109,000	105,430	78,528	82,321	98,096	103,196	68,919	73,420	94,580	89,570	48,235	79,469	87,115	89,189	33,106	83,236	69,141	83,150	31,384	69,925	69,586	74,807	42,119	55,398	44,690	71,278	22,050	59,271	48,530	59,111	28,484	47,883	42,607	60,297	39,750
Investing activities:
Investments in acquired real estate and related intangible assets, net of cash acquired
55	404,857	6,570	12,795	0	0	0	0	50,649	1,840	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	0	190,335	140,129	88,332	111,647	158,200	0	0	-	-	-	-	-	-	-	-
Investments in development in-process
36,122	38,257	26,970	22,329	28,555	20,069	44,524	43,279	42,438	29,577	24,271	37,688	59,408	55,036	48,171	41,480	33,188	49,442	42,621	33,369	11,232	61,767	52,178	42,696	27,232	17,840	5,135	6,521	4,978	7,896	3,861	1,531	0	0	3,237	1,119	1,479	-	-	-	-
Investments in tenant improvements and deferred leasing costs
49,825	32,875	27,430	39,905	38,544	31,659	27,885	28,919	33,071	31,051	24,572	29,470	24,649	27,708	20,761	19,441	23,513	30,269	23,952	31,274	30,008	33,615	25,338	30,012	24,782	25,787	35,113	24,339	18,004	17,818	17,970	21,180	22,671	21,242	31,236	15,544	12,912	-	-	-	-
Investments in building improvements
15,254	17,443	12,270	11,596	12,517	16,105	17,499	15,359	19,293	21,918	10,792	13,876	17,194	28,958	20,037	15,198	16,479	17,586	14,782	11,432	12,081	10,632	10,524	15,870	13,007	14,487	12,236	13,359	13,107	8,570	7,471	11,275	8,483	12,766	3,889	3,188	2,444	-	-	-	-
Additions to real estate assets and deferred leasing costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	28,078	21,478	16,814
Net proceeds from disposition of real estate assets
331,761	88,076	13,740	31,510	0	-	-	-	-	43,965	74,006	0	11,532	3,377	5,991	13,613	661,390	3,967	16,711	420	5,650	20,455	143,012	8,975	0	92,052	101,589	45,410	14,971	0	132,558	8,957	10,941	1,187	14,467	2,063	0	-	-	-	-
Distributions of capital from unconsolidated affiliates
72	7,804	0	0	29	0	0	0	105	0	4,225	933	6,512	127	521	0	2,118	174	150	9,683	394	3,081	257	238	230	10,815	16,236	72	363	276	134	0	901	273	672	224	408	342	485	376	730
Net proceeds from disposition of for-sale residential condominiums
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,427	1,276	1,484	1,008	250	369	1,891	510	1,220	546	1,243	1,943
Investments in mortgages and notes receivable
32	-	-	-	0	-	-	-	-	-	-	-	-	0	116	216	7,602	0	0	834	938	445	185	126	108	-399	869	432	0	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of mortgages and notes receivable
75	74	74	73	74	175	379	379	379	482	78	1,179	1,178	830	714	76	79	80	80	9,134	87	265	157	213	16,604	-32	161	276	0	119	113	63	1,481	106	103	102	133	98	202	-30	59
Investments in and advances to unconsolidated affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	105	275	384	0	0	-	-	-	-	0	0	0	429	-12,219	1,178	1,553	1,197	236	263	38,980	422	1,968	604	267	36
Changes in other investing activities
-477	-308	2,007	2,283	1,989	1,559	1,524	2,561	586	2,418	1,572	2,437	1,596	28,074	233,871	-8,316	-248,865	3,289	-5,841	-7,734	993	-2,256	-1,982	-3,357	4,043	-149	-2,369	-2,409	10,262	-3,524	-1,127	-1,093	5,124	-2,928	-15,203	-2,361	1,966	-3,974	5,574	-3,774	596
Net cash provided by/(used in) investing activities
231,097	-357,147	-111,433	-57,325	-81,502	-15,845	-89,065	-56,286	-145,553	-42,357	7,211	-81,531	-83,625	-88,822	51,269	-80,020	333,835	-90,062	-447,277	-69,683	-47,135	-168,994	-26,072	-88,860	-44,252	44,971	-160,889	-141,431	-99,254	-144,062	-55,726	-26,128	-12,896	-35,356	-101,210	-64,673	-14,240	-40,629	-21,875	-2,129	-13,522
Financing activities:
Dividends on Common Stock
49,735	49,273	49,237	49,250	49,175	47,867	47,856	47,832	47,747	45,430	45,423	45,035	44,917	42,633	41,956	41,391	40,881	40,608	40,203	39,963	39,563	39,128	38,432	38,380	38,225	38,214	38,187	35,304	34,259	33,530	32,335	31,826	30,961	30,845	30,831	30,658	30,411	30,446	30,444	91,076	-30,323
Special dividend on Common Stock
-	-	-	-	-	-	-	-	-	0	0	0	81,205	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Redemptions/repurchases of Preferred Stock
3	0	0	0	18	10	0	0	5	0	13	0	15	0	15	95	20	0	0	0	10	17	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Redemptions of Common Units
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	93	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Dividends on Preferred Stock
622	622	622	622	622	623	623	623	623	623	623	623	623	624	624	627	626	627	626	626	627	626	627	627	627	627	627	627	627	627	627	627	627	627	627	1,622	1,677	1,677	1,677	5,031	-1,677
Payments of Ordinary Dividends, Noncontrolling Interest
1,364	1,295	1,296	1,298	1,300	1,272	1,296	1,299	1,300	1,245	1,247	1,246	1,249	1,204	1,221	1,231	1,232	1,238	1,236	1,237	1,248	1,249	1,248	1,248	1,249	1,251	1,276	1,556	1,584	1,601	1,575	1,574	1,584	1,595	1,603	1,605	1,610	1,612	1,614	4,857	-1,614
Special distribution to noncontrolling interests in the Operating Partnership
-	-	-	-	-	-	-	-	-	0	0	0	2,271	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions to noncontrolling interests in consolidated affiliates
198	540	443	476	308	97	407	305	238	553	373	392	466	301	66	580	320	328	319	430	321	200	0	418	522	138	0	143	265	16	203	169	291	178	72	98	221	62	182	528	-204
Proceeds from the issuance of Common Stock
2,343	545	492	397	652	395	1,190	1,491	561	751	530	61,796	13,191	70,251	84,360	55,243	54,915	32,856	50,807	2,741	44,937	68,500	37,812	10,091	1,313	263	189,080	67,719	59,019	57,822	96,378	66,897	28,392	1,227	5,059	8,593	8,391	922	1,014	-80	1,142
Costs paid for the issuance of Common Stock
180	0	0	0	0	0	67	-18	46	39	45	949	250	1,085	1,259	841	788	522	783	92	643	986	558	28	14	0	5,967	1,010	701	855	1,429	1,316	0	-	-	-	-	-	-	-	-
Repurchase of shares related to tax withholdings
1,124	4	4	0	1,780	6	62	65	1,544	42	11	148	3,807	0	359	828	3,229	13	24	0	3,727	812	44	1,127	1,523	18	2	23	2,514	473	111	389	1,748	0	0	0	0	-	-	-	-
Borrowings on revolving credit facility
110,000	326,000	109,200	71,100	98,300	102,500	79,000	225,400	32,000	288,000	67,000	225,000	200,300	29,800	104,000	87,400	66,400	82,400	210,000	73,000	110,900	129,200	75,600	206,000	96,100	141,700	349,000	210,400	135,900	304,300	113,500	45,300	61,000	240,400	160,700	119,700	5,000	33,500	0	0	4,000
Repayments of revolving credit facility
244,000	105,000	245,200	70,100	145,300	104,500	37,000	83,400	277,000	115,000	106,000	245,000	69,300	57,800	359,000	62,400	107,400	48,400	104,000	142,000	91,900	70,200	82,600	324,000	36,800	132,400	278,000	172,500	61,400	370,300	100,000	110,800	282,000	43,400	71,100	44,300	35,000	3,500	0	0	4,000
Borrowings on mortgages and notes payable
0	0	398,980	0	349,010	0	0	0	345,863	200,000	0	110,000	346,001	75,000	75,000	0	0	-	-	-	-	-	-	-	-	-	-	-	-	282,350	0	0	225,000	0	0	0	200,000	0	10,368	0	0
Repayments of mortgages and notes payable
481	476	100,471	467	225,462	458	10,453	200,448	444	325,439	435	126,418	380,261	538	717	44,203	350,535	113,044	1,189	40,667	1,220	1,492	38,162	132,412	2,236	102,201	117,391	2,396	37,214	142,266	57,905	16,292	3,067	187,601	3,080	13,031	140,491	8,799	12,753	2,727	2,725
Changes in debt issuance costs and other financing activities
0	6	3,421	1,495	2,884	23	0	45	2,903	4,636	0	-1,206	4,894	-11	49	898	45	31	460	1,512	0	0	0	2,371	96	2,149	0	-591	833	2,374	820	4	2,241	2	3,907	483	1,621	150	318	0	188
Net cash provided by/(used in) financing activities
-185,364	169,329	107,978	-52,211	21,113	-51,961	-17,574	-107,108	46,574	-4,256	-86,640	-21,866	-29,766	70,877	-141,906	-10,451	-383,761	10,445	360,407	-25,948	16,578	82,990	-50,168	11,065	16,028	-136,401	112,870	64,576	55,522	93,361	13,595	-50,838	-8,127	-23,815	54,529	-16,009	2,360	-14,017	-35,606	-36,663	-35,589
Net increase in cash and cash equivalents and restricted cash
109,347	-108,282	109,517	1,040	2,324	-2,136	2,361	-57,964	-20,451	35,708	18,667	-201	-44,472	55,475	3,943	-901	-1,691	-148	245	-6,442	2,549	-2,768	-7,099	5,355	3,160	-21,505	21,567	-2,048	-1,613	4,697	2,559	-5,688	1,027	100	1,849	-21,571	16,604	-6,763	-14,874	21,505	-9,361
Supplemental disclosure of cash flow information:
Cash paid for interest, net of amounts capitalized
25,321	16,406	22,230	9,454	23,924	10,464	23,498	17,287	15,986	18,182	15,095	16,021	18,909	14,709	19,916	17,271	20,951	19,581	22,121	19,060	21,480	19,746	21,872	16,414	25,054	18,133	27,306	18,593	21,887	20,754	24,730	22,093	25,970	21,517	24,373	21,346	23,602	19,960	23,231	19,663	23,541
Supplemental disclosure of non-cash investing and financing activities:
Unrealized losses on cash flow hedges
-1,133	148	-6,732	-646	-1,904	-6,765	2,187	862	7,877	1,763	-347	-136	452	13,488	1,610	-5,760	-3,635	1,626	-3,021	269	-2,914	-2,325	913	-2,846	-1,404	977	-1,798	6,319	280	66	-3,337	-8,191	1,104	-2,202	0	0	0	-	-	-	-
Conversions of Common Units to Common Stock
0	91	219	222	131	2,812	147	182	902	103	103	203	102	51	1,448	1,558	0	439	0	0	1,206	0	0	0	162	0	25,937	2,500	351	1,365	100	568	63	562	709	449	186	103	0	33	2,925
Changes in accrued capital expenditures
4,789	-1,782	5,380	1,908	119	-10,561	20,970	-17,907	7,333	-8,239	-15,634	15,220	6,741	-16,457	15,810	15,205	-5,978	788	5,009	-553	-2,697	-11,972	6,529	5,327	5,399	5,606	160	7,460	5,158	6,287	4,277	-3,423	975	7,341	2,182	-1,116	2,641	-2,836	3,184	1,162	-3,456
Write-off of fully depreciated real estate assets
12,033	26,299	23,240	12,308	23,880	12,738	15,809	37,500	10,511	17,248	13,411	17,800	10,649	10,479	6,835	9,369	12,579	3,956	13,731	15,991	15,020	12,680	12,959	13,873	3,121	6,510	6,766	11,265	6,467	12,060	8,289	12,788	15,841	9,526	15,687	13,440	9,912	9,252	10,430	14,079	10,194
Write-off of fully amortized leasing costs
5,842	10,839	14,303	7,229	12,671	7,531	6,943	12,605	7,112	12,174	13,320	4,932	10,091	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Write-off of fully amortized debt issuance costs
0	0	963	0	828	0	28	2,705	0	7,400	0	1,163	3,161	48	916	-5,282	5,282	-26,570	9,846	7,665	10,147	8,148	3,865	9,576	3,697	9,847	6,137	6,491	4,872	4,987	5,424	5,445	3,320	6,304	5,436	4,224	4,023	4,198	3,558	5,311	2,652
Unrealized gains on marketable securities of non-qualified deferred compensation plan
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	246	29	283	165	94	-118	334	235	-564	33	177	-107	315	-30	204
Settlement of financing obligation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	4,184
Noncontrolling Interest, Change in Redemption Value
42,301	-10,532	-10,493	14,722	-23,254	23,820	9,335	-19,310	19,582	3,651	-3,584	-4,685	4,972	397	1,652	-14,613	-429	-14,716	3,174	16,511	-5,036	-16,320	9,382	-10,903	-7,434	-2,805	1,079	14,153	-23,802	-4,006	4,016	-2,135	-14,366	-6,222	17,134	-20,038	13,081	4,201	19,132	-25,847	5,235
Unrealized gains on tax increment financing bond
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	258	-7	1	193	291	23	105	165	473	97	-91	390	-71	-101	296	287	105	600	-606	135	-648	325	-73	219
Issuances of Common Units to acquire real estate assets
6,163	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Initial recognition of lease liabilities related to right of use assets
0	0	0	0	35,349	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Highwoods Realty Limited Partnership [Member]
Net income
191,340	62,346	29,557	41,394	8,386	55,377	35,009	52,998	34,246	59,075	59,549	39,554	33,485	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
61,150	64,990	60,850	59,460	69,204	58,032	57,661	56,694	57,568	58,898	56,973	55,816	56,145	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of lease incentives and acquisition-related intangible assets and liabilities
-649	-702	-671	-821	1,689	-455	-528	-451	-509	-506	-321	-335	-10	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Share-based compensation expense
2,496	1,000	668	940	4,572	857	1,141	1,173	4,295	928	927	1,054	3,783	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Credit losses on operating lease receivables
1,249	1,150	567	829	7,315	421	599	-35	227	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Write-off of mortgages and notes receivable
0	0	0	0	4,087	0	0	0	0	-435	325	49	61	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued interest on mortgages and notes receivable
31	33	33	33	85	115	111	113	112	118	117	142	132	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of debt issuance costs
767	776	739	719	736	731	718	722	686	721	796	809	840	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of cash flow hedges
-72	-92	-283	-360	-515	-811	-654	-515	-106	165	211	297	484	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of mortgages and notes payable fair value adjustments
426	426	406	402	385	378	377	377	317	283	283	169	-30	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Losses on debt extinguishment
0	0	-265	0	-375	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net gains on disposition of property
153,067	29,299	3,515	6,703	0	-	-	-	-	28,976	19,849	0	5,332	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) from Equity Method Investments
963	907	940	765	664	597	573	546	522	647	5,047	755	955	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions of earnings from unconsolidated affiliates
341	419	61	60	609	161	237	825	881	263	1,908	476	2,431	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Settlement of cash flow hedges
0	0	-6,605	0	-5,144	0	0	0	7,216	0	0	0	7,322	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts receivable
-824	-340	-1,896	2,924	2,583	3,019	-309	-1,181	-3,288	5,890	3,442	-436	-3,922	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Prepaid expenses and other assets
8,745	-1,152	-3,763	-3,648	6,953	-2,704	-3,745	-2,460	7,692	-5,173	-4,190	-4,504	5,959	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued straight-line rents receivable
10,888	8,873	6,682	7,370	6,903	5,258	5,238	6,088	6,619	7,761	9,245	9,043	6,185	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable, accrued expenses and other liabilities
20,564	13,157	-27,611	-21,569	11,798	22,496	-16,311	-13,720	14,636	1,212	-9,510	-11,133	20,951	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by operating activities
63,614	79,536	112,972	110,576	62,713	65,670	109,000	105,430	78,528	82,321	98,096	103,196	68,919	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investments in acquired real estate and related intangible assets, net of cash acquired
55	404,857	6,570	12,795	0	0	0	0	50,649	1,840	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investments in development in-process
36,122	38,257	26,970	22,329	28,555	20,069	44,524	43,279	42,438	29,577	24,271	37,688	59,408	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investments in tenant improvements and deferred leasing costs
49,825	32,875	27,430	39,905	38,544	31,659	27,885	28,919	33,071	31,051	24,572	29,470	24,649	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investments in building improvements
15,254	17,443	12,270	11,596	12,517	16,105	17,499	15,359	19,293	21,918	10,792	13,876	17,194	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds from disposition of real estate assets
331,761	88,076	13,740	31,510	0	-	-	-	-	43,965	74,006	0	11,532	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions of capital from unconsolidated affiliates
72	7,804	0	0	29	0	0	0	105	0	4,225	933	6,512	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investments in mortgages and notes receivable
32	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of mortgages and notes receivable
75	74	74	73	74	175	379	379	379	482	78	1,179	1,178	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in other investing activities
-477	-308	2,007	2,283	1,989	1,559	1,524	2,561	586	2,418	1,572	2,437	1,596	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by/(used in) investing activities
231,097	-357,147	-111,433	-57,325	-81,502	-15,845	-89,065	-56,286	-145,553	-42,357	7,211	-81,531	-83,625	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions on Common Units
50,903	50,374	50,339	50,353	50,281	48,949	48,963	48,942	48,858	46,495	46,490	46,101	45,986	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Special distribution on Common Units
-	-	-	-	-	-	-	-	-	0	0	0	83,149	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Redemptions/repurchases of Preferred Units
3	0	0	0	18	10	0	0	5	0	13	0	15	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions on Preferred Units
622	622	622	622	622	623	623	623	623	623	623	623	623	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions to noncontrolling interests in consolidated affiliates
198	540	443	476	308	97	407	305	238	553	373	392	466	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from the issuance of Common Units
2,343	545	492	397	652	395	1,190	1,491	561	751	530	61,796	13,191	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Costs paid for the issuance of Common Units
180	0	0	0	0	0	67	-18	46	39	45	949	250	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase of units related to tax withholdings
1,124	4	4	0	1,780	6	62	65	1,544	42	11	148	3,807	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Borrowings on revolving credit facility
110,000	326,000	109,200	71,100	98,300	102,500	79,000	225,400	32,000	288,000	67,000	225,000	200,300	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of revolving credit facility
244,000	105,000	245,200	70,100	145,300	104,500	37,000	83,400	277,000	115,000	106,000	245,000	69,300	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Borrowings on mortgages and notes payable
0	0	398,980	0	349,010	0	0	0	345,863	200,000	0	110,000	346,001	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of mortgages and notes payable
481	476	100,471	467	225,462	458	10,453	200,448	444	325,439	435	126,418	380,261	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in debt issuance costs and other financing activities
196	200	3,615	1,690	3,078	213	189	234	3,092	4,816	180	-1,026	5,401	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by/(used in) financing activities
-185,364	169,329	107,978	-52,211	21,113	-51,961	-17,574	-107,108	46,574	-4,256	-86,640	-21,866	-29,766	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase in cash and cash equivalents and restricted cash
109,347	-108,282	109,517	1,040	2,324	-2,136	2,361	-57,964	-20,451	35,708	18,667	-201	-44,472	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for interest, net of amounts capitalized
25,321	16,406	22,230	9,454	23,924	10,464	23,498	17,287	15,986	18,182	15,095	16,021	18,909	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized losses on cash flow hedges
-1,133	148	-6,732	-646	-1,904	-6,765	2,187	862	7,877	1,763	-347	-136	452	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in accrued capital expenditures
4,789	-1,782	9,434	-2,146	119	-10,561	-178	3,241	7,333	-8,239	-15,634	15,220	6,741	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Write-off of fully depreciated real estate assets
12,033	26,299	23,240	12,308	23,880	12,738	15,809	37,500	10,511	17,248	13,411	17,800	10,649	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Write-off of fully amortized leasing costs
5,842	10,839	14,303	7,229	12,671	7,531	6,943	12,605	7,112	12,174	13,320	4,932	10,091	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Write-off of fully amortized debt issuance costs
0	0	963	0	828	0	28	2,705	0	7,400	0	1,163	3,161	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Adjustment of Redeemable Common Units to fair value
-38,705	10,723	9,715	-15,198	22,016	-26,487	-9,876	-22,582	20,896	1,856	-3,805	-4,279	5,435	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issuances of Common Units to acquire real estate assets
6,163	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Initial recognition of lease liabilities related to right of use assets
0	0	0	0	35,349	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-