Cash flows from operating activities: |
Net loss |
52.87M |
Adjustments to reconcile net loss to net cash from operating activities: |
Depreciation and amortization |
Amortization of deferred financing costs |
2.06M |
Amortization of debt discount/(premium), net |
1.11M |
Straight-line rent income |
Amortization of acquired above (below) market leases to rental revenue, net |
Straight-line ground rent expense |
66K |
Provision for doubtful accounts |
573K |
Non-cash compensation expense |
3.61M |
Real estate venture income in excess of distributions |
9.95M |
Net gain on sale of interests in real estate |
Loss on early extinguishment of debt |
Cumulative interest accretion of repayments of unsecured notes |
Contributions from historic tax credit transaction, net of deferred costs |
Changes in assets and liabilities: |
Accounts receivable |
4.04M |
Other assets |
-10.33M |
Accounts payable and accrued expenses |
7.16M |
Deferred income, gains and rent |
Other liabilities |
318K |
Net cash from operating activities |
75.35M |
Cash flows from investing activities: |
Acquisition of properties |
-20.41M |
Sales of properties, net |
758.93M |
Capital expenditures |
Advances for purchase of tenant assets, net of repayments |
275K |
Loan provided to an unconsolidated Real Estate Venture partner |
Cash distributions from unconsolidated Real Estate Ventures in excess of cumulative equity income |
Decrease in cash due to the deconsolidation of variable interest entities |
Leasing costs |
Net cash used in investing activities |
538.07M |
Cash flows from financing activities: |
Proceeds from Credit Facility borrowings |
195M |
Repayments of Credit Facility borrowings |
-195M |
Repayments of mortgage notes payable |
-302.51M |
Proceeds from unsecured notes |
Repayments of unsecured notes |
-149.92M |
Net settlement of hedge transactions |
Debt financing costs |
-477K |
Net proceeds from issuance of shares |
Exercise of stock options |
1.29M |
Distributions paid to shareholders |
-85.7M |
Distributions to noncontrolling interest |
-697K |
Net cash from (used in) financing activities |
-451.05M |
Increase (decrease) in cash and cash equivalents |
162.37M |
Cash and cash equivalents at beginning of period |
56.69M |
Cash and cash equivalents at end of period |
219.06M |
Supplemental disclosure: |
Cash paid for interest, net of capitalized interest during the six months ended June 30, 2011 and 2010 of $ 859 and $6,791, respectively |
64.05M |
Supplemental disclosure of non-cash activity: |
Change in capital expenditures financed through accounts payable at period end |
Change in capital expenditures financed through retention payable at period end |
2.49M |
Change in unfunded tenant allowance |
Change in real estate investments due to the deconsolidation of variable interest entities |
Change in mortgage notes payable due to the deconsolidation of variable interest entities |
BRANDYWINE OPERATING PARTNERSHIP, L.P. |
Cash flows from operating activities: |
Net loss |
52.87M |
Adjustments to reconcile net loss to net cash from operating activities: |
Depreciation and amortization |
Amortization of deferred financing costs |
2.06M |
Amortization of debt discount/(premium), net |
1.11M |
Straight-line rent income |
Amortization of acquired above (below) market leases to rental revenue, net |
Straight-line ground rent expense |
66K |
Provision for doubtful accounts |
573K |
Non-cash compensation expense |
3.61M |
Real estate venture income in excess of distributions |
9.95M |
Net gain on sale of interests in real estate |
Loss on early extinguishment of debt |
Cumulative interest accretion of repayments of unsecured notes |
Contributions from historic tax credit transaction, net of deferred costs |
Changes in assets and liabilities: |
Accounts receivable |
4.04M |
Other assets |
-10.33M |
Accounts payable and accrued expenses |
7.16M |
Deferred income, gains and rent |
Other liabilities |
318K |
Net cash from operating activities |
75.35M |
Cash flows from investing activities: |
Acquisition of properties |
-20.41M |
Sales of properties, net |
758.93M |
Capital expenditures |
Advances for purchase of tenant assets, net of repayments |
275K |
Loan provided to an unconsolidated Real Estate Venture partner |
Cash distributions from unconsolidated Real Estate Ventures in excess of cumulative equity income |
Decrease in cash due to the deconsolidation of variable interest entities |
Leasing costs |
Net cash used in investing activities |
538.07M |
Cash flows from financing activities: |
Proceeds from Credit Facility borrowings |
195M |
Repayments of Credit Facility borrowings |
-195M |
Repayments of mortgage notes payable |
-302.51M |
Proceeds from unsecured notes |
Repayments of unsecured notes |
-149.92M |
Net settlement of hedge transactions |
Debt financing costs |
-477K |
Net proceeds from issuance of shares |
Exercise of stock options |
1.29M |
Distributions paid to shareholders |
-86.4M |
Net cash from (used in) financing activities |
-451.05M |
Increase (decrease) in cash and cash equivalents |
162.37M |
Cash and cash equivalents at beginning of period |
56.69M |
Cash and cash equivalents at end of period |
219.06M |
Supplemental disclosure: |
Cash paid for interest, net of capitalized interest during the six months ended June 30, 2011 and 2010 of $ 859 and $6,791, respectively |
64.05M |
Supplemental disclosure of non-cash activity: |
Change in capital expenditures financed through accounts payable at period end |
Change in capital expenditures financed through retention payable at period end |
2.49M |
Change in unfunded tenant allowance |
Change in real estate investments due to the deconsolidation of variable interest entities |
Change in mortgage notes payable due to the deconsolidation of variable interest entities |