| Net income | 99.45M |
| Depreciation and amortization | 95.22M |
| Amortization of senior note debt discount | |
| Loss on disposition of property | |
| Stock-based compensation | 4.99M |
| Cash in escrows, net | -3.72M |
| Other assets | 12.26M |
| Accounts payable and accrued liabilities | 4.72M |
| Total adjustments | 73.04M |
| Net cash provided by operating activities | 172.5M |
| Purchase of properties, net of mortgage notes assumed and UPREIT Units issued | -123.16M |
| Additions to properties | -54.95M |
| Additions to construction in progress | -13.7M |
| Additions to predevelopment | |
| Payments for sale of properties, net | 123.47M |
| Proceeds from note receivable | |
| Additions to cash in escrows, net | |
| Net cash used in investing activities | -50.15M |
| Proceeds from sale of common stock, net | 8.29M |
| Repurchase of common stock | -3.74M |
| Proceeds from mortgage notes payable | |
| Payments of mortgage notes payable | |
| Proceeds from line of credit | 348M |
| Payments on line of credit | -298.5M |
| Payments of deferred loan costs, net | -290K |
| Additions to cash in escrows, net | |
| Dividends and distributions paid | -103.56M |
| Net cash provided by financing activities | -125.67M |
| Net increase (decrease) in cash and cash equivalents | -3.32M |
| Beginning of year | 11.13M |
| End of period | 7.81M |
| Mortgage loans assumed with property acquisitions | |
| Issuance of UPREIT Units associated with property acquisition | |
| Exchange of UPREIT Units for common stock | |
| Transfers of construction in progress to land and buildings, improvements and equipment | |
| Additions to properties and construction in progress included in accounts payable | |