Site centers corp. (SITC)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10
Cash flow from operating activities:
Net income

34,628

24,292

23,901

17,537

36,095

181,327

-8,692

-2,633

-53,897

-220,213

1,231

29,878

-54,028

34,034

-60,076

41,368

45,873

93,734

59,823

19,047

-242,914

-11,432

66,480

76,895

-18,378

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Adjustments to reconcile net income to net cash flow provided by operating activities:
Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

99,300

103,015

108,095

101,783

99,904

109,297

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

42,993

41,687

40,732

40,060

42,608

45,587

49,629

72,462

74,424

79,834

85,210

90,276

90,884

99,468

95,451

97,698

96,902

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock-based compensation

18

308

3,790

2,875

2,917

2,124

622

2,994

1,728

1,956

1,561

2,733

5,243

2,321

1,393

2,418

1,633

1,480

1,522

2,716

2,177

3,256

1,919

2,899

1,888

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization and write-off of debt issuance costs and fair market value of debt adjustments

1,519

921

1,182

936

937

1,145

974

4,132

10,103

1,513

4,063

990

906

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on debt extinguishment

-16,568

0

0

0

0

-9,607

-33

-410

-48,606

0

-62,608

-596

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization and write-off of deferred finance charges and fair market value of debt adjustments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

661

-

-559

-4,477

-1,052

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization and write-off of deferred finance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,197

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accretion of convertible debt discount

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,015

3,019

2,979

2,940

2,901

2,863

2,825

2,788

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equity in net income of joint ventures

2,171

6,073

2,612

1,791

1,043

-322

-2,920

3,821

8,786

6,408

4,811

-717

-1,665

1,618

-1,457

1,117

14,421

-5,486

648

1,642

61

748

3,620

1,131

5,490

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Reserve of preferred equity interests, net

18,100

3,400

6,367

4,633

1,100

6,900

2,164

-1,625

3,961

377

-15,377

0

76,000

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of joint venture investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

21,552

0

0

9,100

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net gain on sale and change in control of interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-6,507

14,279

182

3,984

83,830

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating cash distributions from joint ventures

2,121

4,475

3,183

2,174

2,336

2,722

2,309

1,982

1,786

1,178

2,789

1,640

1,806

2,289

2,142

2,055

1,724

2,558

1,803

2,018

2,003

4,391

3,044

1,598

1,716

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of joint venture interest

45,681

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on disposition of real estate, net

773

293

14,497

213

16,377

185,763

124

29,508

10,011

34,147

44,291

44,599

38,127

25,916

21,368

13,721

12,381

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment charges

0

0

2,750

0

620

930

19,890

18,060

30,444

280,127

15,384

28,096

21,973

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Assumption of buildings due to ground lease termination

3,025

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for interest rate hedging activities

-

-

-

-

-

0

0

-295

4,833

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Realized gain on sale of available-for-sale securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

576

0

410

430

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on disposition of real estate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

41,793

11,267

25,094

22,137

59,368

7,959

9,605

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

279,021

-

1,813

14,342

10,841

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in notes receivable accrued interest

-664

-1,142

45

15

-266

-329

-52

-150

-818

-463

37

652

2,479

1,550

2,435

2,065

3,437

2,013

1,860

1,828

2,347

5,676

583

956

1,044

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,043

511

-2,102

2,380

-6,459

-1,347

-1,634

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in accounts receivable

-4,177

-128

-3,400

3,185

-4,018

779

1,161

6,930

-5,183

-2,660

3,709

-825

-2,694

-1,329

2,538

40

-2,659

1,418

3,016

-5,911

4,584

2,676

6,770

2,651

-9,740

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in accounts payable and accrued expenses

-19,292

2,353

185

11,823

-19,132

-3,868

1,451

35,734

-21,929

-6,175

71

10,964

-8,521

-6,730

1,312

20,520

-24,877

2,777

-14,366

26,443

-14,680

243

9,552

5,312

-477

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in other operating assets and liabilities

13,953

-8,356

-869

-3,111

12,081

-5,381

7,187

-14,442

19,836

-5,360

12,389

3,633

6,109

557

1,614

-1,476

12,538

-13,664

8,009

-976

23,546

-2,107

4,142

-6,151

22,886

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total adjustments

1,222

56,442

45,310

60,409

6,168

-115,378

44,406

106,627

111,658

328,387

91,264

87,953

145,935

75,607

180,218

107,714

35,925

38,841

32,205

127,125

305,615

116,289

47,895

32,264

110,269

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash flow provided by operating activities

35,850

80,734

69,211

77,946

42,263

65,949

35,714

103,994

57,761

-

-

-

-

-

-

-

-

-

-

-

-

104,857

114,375

109,159

91,891

97,296

113,160

110,222

53,296

106,771

93,844

69,723

33,858

60,376

78,537

76,650

57,632

67,086

83,057

83,677

44,304

Cash flow from investing activities:
Net cash flow provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

91,907

-

120,142

149,082

81,798

132,575

92,028

146,172

62,701

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Real estate acquired, net of liabilities and cash assumed

-

-

-

-

-

-

-

-

-

0

13

38

86,028

0

86,089

0

59,886

70,174

0

105,846

0

15,600

158,797

155,532

1,000

531,134

112,582

133,185

80,894

-

-

-

-

-

-

-

-

-

-

-

-

Real estate developed and improvements to operating real estate

23,022

29,167

35,849

26,195

18,153

28,160

27,249

33,406

34,702

25,608

33,322

28,293

28,138

28,116

43,694

44,170

46,946

73,762

99,368

73,314

59,281

76,898

75,191

62,760

46,048

51,800

52,175

53,885

52,849

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from disposition of real estate

1,060

2,408

35,956

1,107

70,038

636,572

-66

166,081

135,464

169,535

154,241

187,304

113,170

461,840

53,004

56,484

186,736

195,099

135,008

55,213

102,909

203,744

258,817

385,681

128,947

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Return of investments in joint ventures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,469

2,072

-

-

-

-

Repayments of (advances to) joint venture advances, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

82

Proceeds from sale of joint venture interest

140,519

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,632

8,129

Proceeds from disposition of real estate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11,659

-

54,989

36,253

29,429

Real estate developed or acquired, net of liabilities assumed

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

82,693

83,797

-

77,560

25,533

43,062

40,583

48,004

38,205

37,599

Proceeds from disposition of real estate and joint venture interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

63,985

56,601

36,068

-

5,262

74,360

17,114

-

-

-

-

-

-

-

-

Equity contributions to joint ventures

86

17,217

37

46,936

47

59,250

62

49

59

91

81

47,562

21,506

5,397

46

1,406

0

-

-

-

-

17,533

457

2,888

876

900

4,444

14,598

1,101

173

24,811

26,243

3,749

218

433

6,236

832

5,312

6,502

17,768

729

Distributions from unconsolidated joint ventures

3,168

7,010

777

2,624

11,928

4,270

5,209

8,382

16,759

6,104

14,756

4,125

2,900

4,486

1,797

3,454

17,056

6,008

5,175

3,444

3,496

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net transactions with RVI

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of joint venture advances, net

0

-

-

-

-12,687

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of joint venture advances, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

54

-150,000

25

-

-55

45,646

-22,516

-

-

-

-

Distributions from sale and refinancing of joint venture interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

4,294

5,306

733

979

717

0

-

-

-

-

409

7,469

12,377

1,656

-

-

-

-

Return of investments in joint ventures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,211

3,608

2,830

1,971

910

3,011

1,558

2,438

3,186

3,530

2,801

-

-

-

-

-

-

-

-

Proceeds from sale of available-for-sale securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,476

489

371

880

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of notes receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,647

346

171

75

-

-

-

-

-

-

-

-

Repayment of notes receivable

7,500

-

-

-

0

-

-

-

-

0

0

30,901

167

131

4,629

179

126

124

122

120

9,155

1,095

116

113

112

4,611

2,119

143

11,453

105

0

975

0

-

-

-

-

-

-

-

-

Repayment of joint venture advances

-

-

-

-

-

-

-21,746

-10,328

-36,072

-

-6,286

-1,190

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net transactions with RVI

0

-

-

-

-7

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of notes receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

373

-

58,298

2,198

2,352

Change in restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

31,675

738

-1,320

745

-19,365

2,834

-1,704

855

1,319

-853

2,060

-3,543

-1,781

-1,929

-2,971

-4,014

-1,229

3,039

-2,878

-10,098

-15,876

-22,308

-37,891

Net cash flow provided by investing activities

129,139

-40,026

21,199

-68,028

76,460

527,368

-34,103

171,529

153,534

-

-

-

-

-

-

-

-

-

-

-

-

-157,211

48,499

170,053

91,855

-502,350

-142,763

-164,921

-87,825

-123,129

-223,215

-177,376

-64,710

169,949

-20,950

55,183

-3,486

22,450

-35,938

10,563

34,687

Net cash flow provided by (used for) investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-19,435

-

-72,589

9,930

97,086

-

9,119

-121,255

57,599

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash flow from financing activities:
Proceeds from (Repayment of) revolving credit facilities, net

640,000

5,000

-75,000

35,000

-60,000

-5,000

60,000

-75,000

120,000

-

-

-

-

-

-

-

-

-

-

-

-21,494

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from revolving credit facilities, net

-

-

-

-

-

-

-

-

-

-

60,000

-90,000

90,000

-

45,000

-85,000

140,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of revolving credit facilities, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of revolving credit facilities, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-155,000

43,160

-

202,399

-67,999

-67,898

-

-

-

-

-

-

-

-

Repayments of revolving credit facilities, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-126,858

242,766

-

173,690

-313,656

426,663

Proceeds from issuance of senior notes, net of offering expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

392,814

0

0

491,972

0

0

0

0

-

-

-

-

-

-

-

-

0

0

0

295,495

342,660

293,925

0

296,785

Repayment of senior notes, including repayment costs

216,568

0

0

0

0

259,605

22,263

0

924,751

0

658,509

300,000

0

0

0

0

240,000

350,000

0

152,996

0

-

-

-

-

-

-

-

-

0

0

258,012

187,670

-

-

-

-

2,479

149,203

242,218

147,706

Repayment of term loan and mortgage debt

40,436

-

-

-

526

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of term loan and mortgage debt

-

-

-

-

-

-

-

80,216

678,721

-

360,169

10,769

63,302

162,406

17,339

7,771

7,979

21,190

190,338

365,320

492,076

63,164

339,653

44,489

49,932

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of debt issuance costs

-

-

-

-

-

0

0

446

32,379

591

6,172

400

132

2

0

41

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from mortgage payable and term loan

-

-

-

-

-

-

-

-

-

0

0

0

0

-

-

-

-

-

-

-

-

59,239

10,636

80,048

1,379

1,603

1,853

5,530

37,659

365,000

0

0

353,506

0

65,000

95

121,861

19,226

133

2,911

1,416

Proceeds from issuance of common shares related to the exercise of warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

105

0

-106

59,979

-

-

-

-

Repayment of term loans and mortgage debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,419

57,176

47,240

-

162,058

113,487

52,360

76,503

60,360

94,892

268,012

217,527

58,873

155,820

169,458

Payment of debt issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7

-154

4,068

-3,416

6,537

243

2,258

2,872

1,727

7,923

1,471

11,236

228

2,171

138

Proceeds from issuance of common shares, net of offering expenses

-

-

-

-

-

-

-

-

-

-15,953

6,069

6,384

3,500

-

-

-

-

-

-

-

-

-

-

-

-

629,997

74,278

44,396

39,374

73,607

118,436

300,187

-101

-108

-147

130,045

-106

-42

57,717

-7

382,762

Proceeds from mortgage payable

-

-

-

-

-

-

-

0

1,350,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repurchase of common shares in conjunction with equity award plans and dividend reinvestment plan

-948

-10

-23

-58

-627

-278

-100

-1

5,149

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuance (repurchase) of common shares in conjunction with equity award plans and dividend reinvestment plan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-232

-

-

-

2,734

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repurchase of common shares in conjunction with equity award plans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,595

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repurchase of common shares

7,500

0

0

0

14,069

36,341

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,978

-162

2,244

1,084

1,514

-204

1,447

-

-

-

-

-

-

-

-

Redemption of operating partnership units

-

-

-

-

-

0

0

0

736

232

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of common shares in conjunction with equity award plans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,626

-

-

-

-

Contributions from non-controlling interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

93

93

94

93

94

243

63

93

93

93

94

93

94

-

-

-

-

Distributions to non-controlling interests and redeemable operating partnership units

278

305

305

167

213

213

691

192

214

209

203

214

209

255

255

254

321

387

474

521

5,070

5,464

3,278

289

415

508

369

417

271

354

354

1,867

6,553

-

-

-

-

-

-

-

-

Repurchase of common shares in conjunction with the exercise of stock options and dividend reinvestment plan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

260

Contributions from non-controlling interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

278

50

Distributions to non-controlling interest and redeemable operating partnership units

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

895

374

-

4,399

-395

-1,622

Dividends paid

44,036

46,159

44,641

44,636

45,262

45,406

78,690

78,687

78,549

78,420

76,744

75,402

75,253

75,143

75,078

75,045

68,639

68,059

67,885

67,865

61,468

61,322

61,302

62,820

55,107

49,826

49,971

50,490

44,210

43,238

42,126

40,269

29,128

23,584

18,034

18,410

15,692

15,645

15,569

15,568

14,585

Net cash flow provided by (used for) financing activities

330,234

-47,602

-75,551

-10,428

-120,697

-592,938

-95,135

-234,542

-240,201

-

-

-

-

-

-

-

-

-

-

-

-

-60,954

-387,401

-83,703

-106,577

456,378

23,115

77,572

22,254

27,305

131,097

110,177

6,184

-209,778

-51,932

-137,526

-52,618

-91,947

-46,715

-98,984

-79,419

Effect of foreign exchange rate changes on cash and cash equivalents

8

4

-1

2

-3

-2

0

-1

-1

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash flow used for financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-45,396

-

-41,352

-166,094

-177,171

-132,354

-105,368

-55,648

-85,402

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Effect of foreign exchange rate changes on cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

3

1

-

-1

1

2

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase (decrease) in cash, cash equivalents and restricted cash

495,223

-6,894

14,859

-510

-1,974

379

-93,524

40,981

-28,906

74,631

-455,439

409,231

27,076

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase in cash, cash equivalents and restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,713

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase (decrease) in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-4,221

-30,731

34,898

-113,308

-224,527

195,509

77,169

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-6,488

22,873

-12,275

-

1,726

2,524

-24,668

20,547

5,655

-5,693

1,528

-2,411

404

-4,744

-428

Effect of exchange rate changes on cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-7

6

158

-75

-493

-4

2

-11

121

-27

-27

0

-4

-107

-450

-22

-399

93

81

492

11

-84

4

Increase in net assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-1,800

36,600

-

-

-

0

Real estate expenditures included in accounts payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

19,500

-

-

-

-

-

-

-

-

-

-

-

-

Increase to investments in and advances to joint ventures due to acquisition of partners' interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,800

-

-

-

0

Increase in net real estate assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-1,800

36,600

-

-

-

0

Mortgages assumed of previously unconsolidated joint ventures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

50,100

-

-

-

-

Common shares issued due to the exercise of warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,000

10,000

10,000

-

-

-

0

Equity derivative liability affiliate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

74,300

-

-

-

-

Reduction in real estate assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

28,700

Increase to investments in and advances to joint ventures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,400

Decrease in Non-controlling interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

12,400

Increase to accumulated distributions in excess of net income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

7,800

Increase in real estate assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

19,000

Decrease in notes receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

19,000