KILROY REALTY CORPORATION KRC Cash Flow

Kilroy realty corporation (KRC)

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
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income
45,418	77,922	48,298	47,215	41,794	166,890	38,310	31,755	40,971	32,540	75,488	35,306	37,281	35,418	56,375	33,892	178,113	29,308	106,704	58,590	44,002	31,430	19,303	31,143	101,932	23,047	9,027	10,103	2,388	193,630	2,523	2,277	78,671	44,860	14,290	3,472	4,867	5,384	3,669	1,956	8,877
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization of real estate assets and leasing costs
72,438	68,078	67,985	67,011	64,971	63,640	61,609	62,956	61,677	59,987	61,141	61,000	59,734	55,569	55,460	52,463	49,664	50,951	48,719	50,969	50,843	53,230	49,996	50,165	48,717	50,576	50,184	48,787	50,011	45,933	45,962	40,328	36,464	38,496	35,942	31,970	29,059	28,849	29,820	23,501	20,728
Depreciation of non-real estate furniture, fixtures and equipment
1,932	-	-	-	1,164	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation of non-real estate furniture, fixtures and equipment
-	-	-	-	-	1,221	1,091	1,050	1,038	162	1,426	1,251	1,185	1,213	1,206	883	776	776	703	689	644	639	644	602	485	566	466	517	380	317	312	296	288	291	309	278	252	246	234	221	210
Revenue reversals (recoveries) for doubtful accounts
6,487	252	-594	452	-3,543	-1,029	1,338	5,641	-265	526	1,036	409	1,298	0	0	0	0	256	0	47	242	0	58	0	0	200	101	0	95	150	-194	0	2	503	-5	120	26	-220	-857	-12	26
Non-cash amortization of share-based compensation awards
6,783	6,807	6,118	6,871	7,211	9,031	6,634	8,669	3,598	5,429	4,651	4,832	4,134	5,801	5,229	5,331	4,703	4,265	3,622	4,079	3,571	3,278	3,372	2,943	2,502	2,162	2,174	2,046	2,234	2,126	2,125	2,132	1,287	1,117	1,126	1,133	1,106	703	1,809	1,813	1,706
Non-cash amortization of deferred financing costs and debt discounts and premiums
505	516	194	582	135	268	234	267	315	849	929	731	738	700	714	697	609	441	523	435	454	752	1,126	1,181	1,256	1,268	1,382	1,252	1,413	1,355	1,768	2,334	2,976	3,376	3,280	3,434	3,450	3,392	3,348	2,826	2,924
Non-cash amortization of net below market rents
-2,586	-2,965	-1,826	-2,321	-2,094	-2,101	-2,166	-2,938	-2,543	-2,502	-2,423	-1,191	-2,412	-2,038	-1,885	-1,640	-1,603	-1,680	-1,740	-3,101	-1,928	-2,112	-1,766	-2,716	-1,734	-1,762	-1,938	-2,030	-2,047	-2,083	-2,027	-2,064	-525	-463	121	745	653	681	664	60	-28
Gain (Loss) on Disposition of Property Plant Equipment
-	-	-	-	-	-	-	-	-	-7	37,250	0	2,257	0	18,312	0	145,990	0	78,522	31,428	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash amortization of deferred revenue related to tenant-funded tenant improvements
4,420	4,243	6,766	4,364	3,817	4,749	4,811	4,588	4,281	4,373	4,151	4,548	3,695	3,544	3,600	3,212	2,888	3,381	3,653	3,291	3,013	3,284	2,678	2,664	2,353	3,128	2,626	2,517	2,442	2,285	2,386	2,204	2,261	2,344	2,337	2,342	2,326	16,797	-2,333	-2,423	-2,352
Straight-line rents
19,995	23,298	18,788	17,042	12,895	10,683	5,727	5,207	5,359	7,738	10,000	7,926	7,611	6,773	4,319	9,086	9,451	8,853	6,955	8,883	19,692	16,537	7,452	3,834	3,959	5,947	6,103	5,361	6,724	5,097	5,858	5,088	5,487	5,788	6,637	4,566	4,340	5,175	3,020	3,407	2,014
Gains on sales of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,531	5,587	14,689	90,115	11,829	0	423	0	186,436	0	0	72,809	39,032	12,555	0	0	-	-	-	-
(Gain) loss on sale of land (Note 4)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-152	0	0	17,268	0	0	3,490	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of right of use ground lease assets
203	-	162	147	144	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Marketable securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	394	-139	774
Current receivables
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,189	-186	-297
Net change in other operating assets
-7,966	-10,276	9,212	7,158	8,382	-1,233	3,650	873	4,640	762	9,552	5,607	1,811	-2,049	1,192	7,632	-1,561	-1,271	256	679	8,421	-1,162	-4,254	-900	5,949	-1,820	307	-1,262	7,390	-1,232	-1,789	449	3,869	1,108	1,833	677	1,816	-	-	-	-
Net change in other operating liabilities
8,209	-20,246	48,914	-19,595	15,102	11,235	35,510	-1,998	3,598	-18,960	17,280	-2,216	9,791	4,054	25,300	-12,566	2,710	-4,110	16,639	-5,578	5,545	-9,038	29,132	2,240	-5,701	-2,707	26,946	-2,683	18,581	-14,645	24,680	-7,671	14,956	-15,717	26,529	-20,899	12,866	-	-	-	-
Insurance proceeds received for property damage and other, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-800	0	0	-951	0	-630	0	0	-	-	-	-
Other deferred leasing costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-78	818	1,776
Prepaid expenses and other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-226	-77	3,068
Accounts payable, accrued expenses and other liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,226	-7,552	3,375
Deferred revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,039	494	13
Rents received in advance and tenant security deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,424
Net cash provided by operating activities
122,940	85,131	135,730	65,870	99,790	92,828	128,372	94,734	94,109	70,470	98,126	82,041	96,375	92,449	114,976	59,425	78,204	69,396	85,784	61,849	54,979	47,989	90,402	61,781	45,081	54,266	79,306	50,505	56,499	33,397	68,694	29,891	48,742	24,191	57,600	12,668	43,797	24,899	37,540	23,820	33,568
CASH FLOWS FROM INVESTING ACTIVITIES:
Expenditures for development properties and undeveloped land
167,328	290,513	182,201	191,055	181,695	177,889	107,308	92,615	111,424	126,601	109,794	93,088	67,957	128,293	60,597	98,420	63,702	96,053	112,558	109,548	89,810	124,981	131,001	88,176	73,626	97,949	96,962	51,861	73,369	30,373	26,853	12,607	13,477	9,835	6,335	5,633	6,714	7,151	6,568	3,751	4,362
Expenditures for acquisitions of development properties and undeveloped land (Note 3)
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	33,513	17,743	78,475	1,699	50,435	49,455	874	96,853	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Expenditures for acquisitions of operating properties (Note 3)
-	-	-	-	-	146,311	0	0	111,029	0	0	0	0	-	-	-	-	-	-	-	-	98,421	0	0	106,125	0	116,990	0	85,692	61,708	120,877	109,876	162,380	121,545	103,202	345,554	33,000	264,046	0	355,624	17,950
Expenditures for operating properties and other capital assets
44,084	48,208	37,922	29,720	31,837	58,615	33,746	38,777	35,302	26,550	21,137	19,292	21,446	30,273	16,145	39,605	25,938	27,801	20,787	26,624	24,345	38,103	27,054	34,907	32,016	45,882	33,784	24,636	25,571	25,410	20,749	22,911	17,307	21,652	12,857	12,245	15,985	14,706	22,800	19,376	14,217
Net proceeds received from dispositions (Note 4)
-	-	-	-	-	-	-	-	-	0	170,627	0	11,865	0	48,409	14,213	262,409	0	153,842	140,234	25,563	59,163	14,800	43,757	309,824	6,769	0	14,409	0	121,762	-1,351	42,396	100,765	64,171	0	0	0	-	-	-	-
Decrease (increase) in acquisition-related deposits
-	-	-	-	-	15,000	42,000	-26,000	5,000	5,410	4,390	17,250	8,850	0	0	-5,987	4,085	1,202	-10,000	9,899	-3,099	2,983	-1,000	0	0	-	-	-	-	-13,250	-20,000	23,000	5,250	-6,000	-5,500	11,500	5,000	-	-	-	-
Insurance proceeds received for property damage
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	800	0	0	951	0	0	0	0	-	-	-	-
Proceeds received from repayment of note receivable
-	-	-	-	-	0	0	0	15,100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issuance of notes receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	15,100	0	0	1,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds received from repayment of note receivable (Note 4)
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in escrow deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,000
Net decrease (increase) in restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	668	175	-58,619	57,698	-76,035	42,963	779	-302	-1,310	-224	-228,079	12,833	5,787	-647	386	-1,793	802	-550	438	-1,804	-220	931	-2,027
Increase in note receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,000	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Receipt of principal payments on note receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	10,603	38	38
Net cash used in investing activities
-211,412	-501,095	-310,148	-203,504	-213,532	-3,515	-141,054	-416,691	-247,655	-178,390	35,306	-129,630	-86,388	-512,018	-28,333	-173,240	134,171	-200,575	-51,646	-7,711	-77,309	-312,478	-67,094	-219,142	97,278	-224,856	-261,042	-64,069	43,447	-165,183	-239,731	-204,508	-97,084	-81,068	-117,696	-374,382	-61,137	-267,119	-20,547	-376,644	-37,464
CASH FLOWS FROM FINANCING ACTIVITIES:
Net proceeds from issuance of common stock (Note 4)
721,794	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds from issuance of common units (Note 14)
-	-	-	-	-	-	-	-	-	17,246	-20	-17	308,849	31,117	0	0	0	-111	249,585	24,827	113,097	80,093	0	22,136	0	0	307,162	19,394	23,395	9,731	253,896	26,412	382,063	12,297	0	221,015	0	-	-	-	-
Redemption of Series G and H Preferred units (Note 14)
-	-	-	-	-	-	-	-	-	0	100,000	0	100,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds from issuance of Series G and Series H preferred stock (Note 10)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	96,256	-602	96,757	0	0	0	0	-	-	-	-
Net proceeds from the issuance of unsecured debt (Note 9)
-	-	-	-	-	-	-	-	-	424,447	0	0	250,000	0	0	0	0	-	-	-	-	-	-	-	-	0	0	0	299,901	0	0	0	150,000	0	324,476	0	0	-	-	-	-
Borrowings on unsecured revolving credit facility (Note 3)
190,000	480,000	205,000	235,000	190,000	120,000	140,000	415,000	90,000	200,000	70,000	0	0	0	35,000	190,000	80,000	0	0	100,000	150,000	140,000	160,000	115,000	90,000	45,000	10,000	0	0	286,000	165,000	223,000	30,000	248,000	0	260,000	42,000	107,000	265,000	225,000	63,000
Repayments on unsecured revolving credit facility (Note 3)
55,000	235,000	580,000	45,000	50,000	405,000	105,000	170,000	10,000	260,000	10,000	0	0	0	255,000	45,000	5,000	0	100,000	130,000	160,000	0	250,000	25,000	135,000	0	10,000	0	185,000	128,000	240,000	121,000	212,000	66,000	245,000	72,000	144,000	153,000	210,000	225,000	10,000
Borrowings on unsecured debt (Note 9)
-	-	-	-	-	0	0	0	120,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments and repayments of secured debt (Note 3)
1,266	465	460	454	74,930	914	902	890	878	124,631	1,527	1,508	2,705	66,886	2,446	2,431	2,377	92,431	2,564	36,299	28,472	2,530	2,456	2,445	2,414	2,390	4,070	2,310	84,918	1,684	1,324	101,708	1,546	122,370	1,892	1,805	1,598	1,594	1,549	1,544	98,560
Proceeds from the issuance of secured debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	135,000	0	0	0	71,000
Financing costs
160	1,130	4,213	393	942	3,984	438	1,380	460	4,020	5,289	325	1,866	674	806	342	337	280	3,765	372	397	605	4,137	3,488	418	409	428	677	2,870	2,567	1,752	1,767	1,877	476	3,383	4,041	1,160	3,712	6,557	4,074	569
Decrease in loan deposits and other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-832	0	-2,027	2,025	0	0	-1,420
Repurchase of common stock and restricted stock units
9,799	287	1,651	488	12,130	0	2,911	0	13,642	0	1,344	628	11,014	2,001	991	264	5,619	3,960	1,285	15	1,821	672	329	1,015	1,517	707	135	469	1,209	925	133	0	603	416	4	0	732	0	1,296	0	2,121
Proceeds from exercise of stock options
-	-	-	-	-	-	-	-	-	128	0	3,529	8,522	10,035	1,236	681	256	3,281	554	256	10,482	555	6,691	13,825	21	0	0	128	0	0	0	0	129	0	0	0	395	0	0	0	83
Contributions from noncontrolling interests in consolidated property partnerships (Note 12)
-	-	-	-	-	-	-	-	-	54,354	0	0	250	261,773	191,676	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions to noncontrolling interests in consolidated property partnerships
2,608	2,108	3,032	1,511	6,301	4,789	529	4,315	2,170	4,308	3,583	3,923	4,728	2,476	858	281	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends and distributions paid to common stockholders and common unitholders
52,399	52,440	49,954	46,862	46,996	46,772	46,708	42,898	43,033	42,704	42,701	37,649	217,643	35,902	35,607	32,991	32,944	32,929	31,599	31,465	30,846	29,923	29,676	29,303	29,561	29,365	28,154	27,042	26,956	26,869	24,804	24,522	21,191	21,063	21,065	18,952	18,925	18,925	18,907	15,687	15,705
Distributions paid to preferred unitholders
-	-	-	-	-	-	-	-	-	0	1,603	1,615	4,191	3,312	3,313	3,312	3,313	3,312	3,313	3,312	3,313	3,312	3,313	3,312	3,313	3,312	3,312	3,313	3,313	3,313	3,100	3,953	3,799	3,799	3,799	3,799	3,799	3,799	3,799	3,799	3,799
Net cash provided by (used in) financing activities
790,562	188,388	419,623	140,356	-1,299	-4,796	48,382	319,705	139,817	-69,512	-285,067	-42,136	225,474	361,674	-71,109	106,060	30,666	-454,742	505,660	-76,177	48,730	87,839	152,552	86,398	-82,202	8,817	271,063	-14,289	19,030	132,373	169,039	-181,640	417,933	46,173	50,165	380,418	9,208	248,747	-38,108	371,516	4,749
Net increase (decrease) in cash and cash equivalents and restricted cash
702,090	-227,576	245,205	2,722	-115,041	84,517	35,700	-2,252	-13,729	-177,432	-151,635	-89,725	235,461	-57,895	15,534	-7,755	243,041	-585,921	539,798	-22,039	26,400	-176,650	175,860	-70,963	60,157	-161,773	89,327	-27,853	118,976	587	-1,998	-356,257	369,591	-10,704	-9,931	18,704	-8,132	6,527	-21,115	18,692	853
Cash paid for interest, net of capitalized interest of $50,923, $44,385, and $32,742 as of December 31, 2015, 2014 and 2013, respectively
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,455	17,072	14,106	18,050	15,515	20,289	11,303	22,255	12,443	32,448	4,487	26,210	7,502	27,603	6,965	19,804	7,548	11,654	6,980
Accrual for expenditures for operating properties and development and redevelopment properties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,769	30,753	64,709	-6,384	21,364	16,362	42,140	45,899	-4,763	7,641	5,421	795	3,540	5,213	4,753	5,949	2,236	2,664	8,714
Tenant improvements funded directly by tenants to third parties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,032	11,567	4,470	1,883	-1,323	5,647	1,426	1,416	6,465	9,743	95	251	10	227	2,800	2,238	574	1,289	657
Assumption of secured debt with property acquisition (Note 8)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	95,496	43,354	141,988	35,690	0	-	-	-	-	-	-	-	-
Assumption of other assets and liabilities in connection with operating and development property acquisitions, net (Note 3)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	2,300	0	1,389	0	0	422	25,868	6,727	4,803	137	0	77	4,438	0	-	-	-	-
Release of Holdback Funds to Third Party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net disposition proceeds held by a qualified intermediary in connection wtih Section 1031 exchange
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	42,395	-	-	-	0	-	-	-	-
Accrual of preferred stock issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	602	-	-	-	0	-	-	-	-
Accrual of dividends and distributions payable to common stockholders and common unitholders (Note 11)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	168	184	29,906	0	2,241	126	27,011	81	2,056	202	24,524	124	0	2,114	18,950	0	18	3,221	15,686
Accrual of dividends and distributions payable to preferred stockholders and preferred unitholders (Note 11)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	1,656	2	0	-2	1,694	1	116	-854	2,431	0	0	0	1,909	0	0	0	1,909
Fair value of share-based compensation awards at equity classification date (Note 10)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	17,703	0	-	514	1,382	8,451	-	-	-	-	-	-	-	-	-	-	-	-
Exchange of common units of the Operating Partnership into shares of the Companys common stock (Note 11)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	28	450	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Issuance of share-based compensation awards, net (Note 9)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	773	29,989	-	289	784	6,432	492	0	771	4,647
Reclassification of preferred units called for redemption from equity to liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	126,500	-	-	-	0	-	-	-	-
Kilroy Realty L.P. [Member]
Net income
45,418	77,922	48,298	47,215	41,794	166,890	38,310	31,755	40,971	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization of real estate assets and leasing costs
72,438	68,078	67,985	67,011	64,971	63,640	61,609	62,956	61,677	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation of non-real estate furniture, fixtures and equipment
1,932	-	-	-	1,164	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation of non-real estate furniture, fixtures and equipment
-	-	-	-	-	1,221	1,091	1,050	1,038	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Revenue reversals (recoveries) for doubtful accounts
6,487	252	-594	452	-3,543	-1,029	1,338	5,641	-265	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash amortization of share-based compensation awards
6,783	6,807	6,118	6,871	7,211	9,031	6,634	8,669	3,598	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash amortization of deferred financing costs and debt discounts and premiums
505	516	194	582	135	268	234	267	315	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash amortization of net below market rents
-2,586	-2,965	-1,826	-2,321	-2,094	-2,101	-2,166	-2,938	-2,543	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash amortization of deferred revenue related to tenant-funded tenant improvements
4,420	4,243	6,766	4,364	3,817	4,749	4,811	4,588	4,281	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Straight-line rents
19,995	23,298	18,788	17,042	12,895	10,683	5,727	5,207	5,359	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of right of use ground lease assets
203	-	162	147	144	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net change in other operating assets
-7,966	-10,276	9,212	7,158	8,382	-1,233	3,650	873	4,640	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net change in other operating liabilities
8,209	-20,246	48,914	-19,595	15,102	11,235	35,510	-1,998	3,598	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by operating activities
122,940	85,131	135,730	65,870	99,790	92,828	128,372	94,734	94,109	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Expenditures for development properties and undeveloped land
167,328	290,513	182,201	191,055	181,695	177,889	107,308	92,615	111,424	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Expenditures for acquisitions of operating properties (Note 3)
-	-	-	-	-	146,311	0	0	111,029	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Expenditures for operating properties and other capital assets
44,084	48,208	37,922	29,720	31,837	58,615	33,746	38,777	35,302	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net decrease in acquisition-related deposits
-	-	-	-	-	-	-	-26,000	5,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds received from repayment of note receivable
-	-	-	-	-	0	0	0	15,100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-211,412	-501,095	-310,148	-203,504	-213,532	-3,515	-141,054	-416,691	-247,655	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds from issuance of common stock (Note 4)
721,794	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Borrowings on unsecured revolving credit facility (Note 3)
190,000	480,000	205,000	235,000	190,000	120,000	140,000	415,000	90,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments on unsecured revolving credit facility (Note 3)
55,000	235,000	580,000	45,000	50,000	405,000	105,000	170,000	10,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Borrowings on unsecured debt (Note 9)
-	-	-	-	-	0	0	0	120,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments and repayments of secured debt (Note 3)
1,266	465	460	454	74,930	914	902	890	878	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Financing costs
160	1,130	4,213	393	942	3,984	438	1,380	460	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase of common stock and restricted stock units
9,799	287	1,651	488	12,130	0	2,911	0	13,642	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions to noncontrolling interests in consolidated property partnerships
2,608	2,108	3,032	1,511	6,301	4,789	529	4,315	2,170	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends and distributions paid to common stockholders and common unitholders
52,399	52,440	49,954	46,862	46,996	46,772	46,708	42,898	43,033	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) financing activities
790,562	188,388	419,623	140,356	-1,299	-4,796	48,382	319,705	139,817	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase (decrease) in cash and cash equivalents and restricted cash
702,090	-227,576	245,205	2,722	-115,041	84,517	35,700	-2,252	-13,729	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-