Consolidated Statements of Cash Flows (USD $) | 6 Months Ended |
In Thousands, unless otherwise specified | Jun. 30, 2014 | Jun. 30, 2013 |
Cash flows from operating activities: | ' | ' |
Net income (loss) | $162,098 | $113,955 |
Adjustments to reconcile net income (loss) to net cash provided by operating activities: | ' | ' |
Depreciation of buildings and tenant improvements | 144,618 | 141,353 |
Amortization of deferred leasing and other costs | 51,287 | 57,686 |
Amortization of deferred financing costs | 5,042 | 6,867 |
Straight-line rental income and expense, net | -10,892 | -8,789 |
Asset Impairment Charges | 2,523 | 3,777 |
Gain on acquisitions | 0 | -962 |
Gains on land and depreciated property sales | -107,164 | -93,719 |
Third-party construction contracts, net | -10,209 | 8,922 |
Other accrued revenues and expenses, net | 11,181 | 9,564 |
Operating distributions received in excess of (less than) equity in earnings from unconsolidated companies | -44,454 | -40,449 |
Net cash provided by operating activities | 204,030 | 198,205 |
Cash flows from investing activities: | ' | ' |
Development of real estate investments | -226,575 | -224,202 |
Acquisition of real estate investments and related intangible assets | -85,182 | -334,287 |
Acquisition of undeveloped land | -11,800 | -23,234 |
Second generation tenant improvements, leasing costs and building improvements | -44,367 | -37,133 |
Other deferred leasing costs | -14,980 | -17,633 |
Other assets | 3,954 | -7,774 |
Proceeds from land and depreciated property sales, net | 213,040 | 259,169 |
Capital distributions from unconsolidated companies | 40,293 | 89,237 |
Capital contributions and advances to unconsolidated companies | -4,165 | -13,260 |
Net cash provided by (used for) investing activities | -129,782 | -309,117 |
Cash flows from financing activities: | ' | ' |
Proceeds from issuance of common shares, net | 191,107 | 601,927 |
Payments for redemption/repurchase of preferred shares/units | -17,656 | -177,955 |
Proceeds from unsecured debt | 0 | 500,000 |
Payments on unsecured debt | -1,029 | -425,967 |
Proceeds from secured debt financings | 0 | 1,933 |
Payments on secured indebtedness including principal amortization | -88,898 | -30,349 |
Borrowings (payments) on line of credit, net | -28,000 | -197,000 |
Distributions to common shareholders/unitholders | -111,919 | -109,554 |
Distributions to preferred shareholders/unitholders | -14,186 | -16,905 |
Distributions to Noncontrolling Interest, Net | -1,304 | -1,846 |
Payments to Noncontrolling Interests | -7,717 | 0 |
Change in book overdrafts | 7,659 | -38,921 |
Deferred financing costs | -355 | -6,938 |
Net cash provided by (used for) financing activities | -72,298 | 98,425 |
Net increase (decrease) in cash and cash equivalents | 1,950 | -12,487 |
Cash and cash equivalents at beginning of period | 19,275 | 33,889 |
Cash and cash equivalents at end of period | 21,225 | 21,402 |
Noncash investing and financing activities: | ' | ' |
Assumption of indebtedness and other liabilities in real estate acquisitions | 54 | 106,320 |
Carrying amount of pre-existing ownership interest in acquired property | 0 | 630 |
Conversion of Limited Partner Units to common shares | 56 | 338 |
Duke Realty Limited Partnership [Member] | ' | ' |
Cash flows from operating activities: | ' | ' |
Net income (loss) | 162,098 | 113,955 |
Adjustments to reconcile net income (loss) to net cash provided by operating activities: | ' | ' |
Depreciation of buildings and tenant improvements | 144,618 | 141,353 |
Amortization of deferred leasing and other costs | 51,287 | 57,686 |
Amortization of deferred financing costs | 5,042 | 6,867 |
Straight-line rental income and expense, net | -10,892 | -8,789 |
Asset Impairment Charges | 2,523 | 3,777 |
Gain on acquisitions | 0 | -962 |
Gains on land and depreciated property sales | -107,164 | -93,719 |
Third-party construction contracts, net | -10,209 | 8,922 |
Other accrued revenues and expenses, net | 11,181 | 9,601 |
Operating distributions received in excess of (less than) equity in earnings from unconsolidated companies | -44,454 | -40,449 |
Net cash provided by operating activities | 204,030 | 198,242 |
Cash flows from investing activities: | ' | ' |
Development of real estate investments | -226,575 | -224,202 |
Acquisition of real estate investments and related intangible assets | -85,182 | -334,287 |
Acquisition of undeveloped land | -11,800 | -23,234 |
Second generation tenant improvements, leasing costs and building improvements | -44,367 | -37,133 |
Other deferred leasing costs | -14,980 | -17,633 |
Other assets | 3,954 | -7,774 |
Proceeds from land and depreciated property sales, net | 213,040 | 259,169 |
Capital distributions from unconsolidated companies | 40,293 | 89,237 |
Capital contributions and advances to unconsolidated companies | -4,165 | -13,260 |
Net cash provided by (used for) investing activities | -129,782 | -309,117 |
Cash flows from financing activities: | ' | ' |
Contributions from the General Partner | 191,107 | 601,927 |
Payments for redemption/repurchase of preferred shares/units | -17,656 | -177,955 |
Proceeds from unsecured debt | 0 | 500,000 |
Payments on unsecured debt | -1,029 | -425,967 |
Proceeds from secured debt financings | 0 | 1,933 |
Payments on secured indebtedness including principal amortization | -88,898 | -30,349 |
Borrowings (payments) on line of credit, net | -28,000 | -197,000 |
Distributions to common shareholders/unitholders | -113,410 | -111,088 |
Distributions to preferred shareholders/unitholders | -14,186 | -16,905 |
Distributions to Noncontrolling Interest, Net | 187 | -349 |
Payments to Noncontrolling Interests | -7,717 | 0 |
Change in book overdrafts | 7,659 | -38,921 |
Deferred financing costs | -355 | -6,938 |
Net cash provided by (used for) financing activities | -72,298 | 98,388 |
Net increase (decrease) in cash and cash equivalents | 1,950 | -12,487 |
Cash and cash equivalents at beginning of period | 19,275 | 33,889 |
Cash and cash equivalents at end of period | 21,225 | 21,402 |
Noncash investing and financing activities: | ' | ' |
Assumption of indebtedness and other liabilities in real estate acquisitions | 54 | 106,320 |
Carrying amount of pre-existing ownership interest in acquired property | 0 | 630 |
Conversion of Limited Partner Units to common shares | $56 | $338 |