Consolidated Statements of Cash Flows (USD $) | 9 Months Ended |
In Thousands, unless otherwise specified | Sep. 30, 2014 | Sep. 30, 2013 |
Cash flows from operating activities: | ' | ' |
Net income (loss) | $233,655 | $115,292 |
Adjustments to reconcile net income (loss) to net cash provided by operating activities: | ' | ' |
Depreciation of buildings and tenant improvements | 216,963 | 214,118 |
Amortization of deferred leasing and other costs | 73,942 | 89,359 |
Amortization of deferred financing costs | 7,423 | 9,913 |
Straight-line rental income and expense, net | -16,419 | -12,421 |
Asset Impairment Charges | 8,891 | 3,777 |
Gain on acquisitions | 0 | -962 |
Gains on land and depreciated property sales | -163,689 | -105,525 |
Third-party construction contracts, net | -4,397 | 27,117 |
Other accrued revenues and expenses, net | 18,059 | 11,367 |
Operating distributions received in excess of (less than) equity in earnings from unconsolidated companies | -53,429 | -34,411 |
Net cash provided by operating activities | 320,999 | 317,624 |
Cash flows from investing activities: | ' | ' |
Development of real estate investments | -385,088 | -320,698 |
Acquisition of real estate investments and related intangible assets | -94,032 | -372,934 |
Acquisition of undeveloped land | -37,579 | -30,101 |
Second generation tenant improvements, leasing costs and building improvements | -69,475 | -60,052 |
Other deferred leasing costs | -24,948 | -26,647 |
Other assets | 514 | -14,725 |
Proceeds from land and depreciated property sales, net | 386,215 | 330,740 |
Capital distributions from unconsolidated companies | 70,054 | 106,306 |
Capital contributions and advances to unconsolidated companies | -5,874 | -38,959 |
Net cash provided by (used for) investing activities | -160,213 | -427,070 |
Cash flows from financing activities: | ' | ' |
Proceeds from issuance of common shares, net | 255,962 | 632,531 |
Payments for redemption/repurchase of preferred shares/units | -113,797 | -177,955 |
Proceeds from unsecured debt | 0 | 500,000 |
Payments on unsecured debt | -1,556 | -426,462 |
Proceeds from secured debt financings | 0 | 1,933 |
Payments on secured indebtedness including principal amortization | -93,036 | -112,097 |
Borrowings (payments) on line of credit, net | 52,000 | -75,000 |
Distributions to common shareholders/unitholders | -169,917 | -164,811 |
Distributions to preferred shareholders/unitholders | -20,789 | -24,261 |
Distributions to Noncontrolling Interest, Net | -2,044 | -2,692 |
Payments to Noncontrolling Interests | -7,803 | 0 |
Change in book overdrafts | -12,450 | -44,225 |
Deferred financing costs | -499 | -7,292 |
Net cash provided by (used for) financing activities | -113,929 | 99,669 |
Net increase (decrease) in cash and cash equivalents | 46,857 | -9,777 |
Cash and cash equivalents at beginning of period | 19,275 | 33,889 |
Cash and cash equivalents at end of period | 66,132 | 24,112 |
Noncash investing and financing activities: | ' | ' |
Assumption of indebtedness and other liabilities in real estate acquisitions | 54 | 106,555 |
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) | 233,655 | 115,292 |
Adjustments to reconcile net income (loss) to net cash provided by operating activities: | ' | ' |
Depreciation of buildings and tenant improvements | 216,963 | 214,118 |
Amortization of deferred leasing and other costs | 73,942 | 89,359 |
Amortization of deferred financing costs | 7,423 | 9,913 |
Straight-line rental income and expense, net | -16,419 | -12,421 |
Asset Impairment Charges | 8,891 | 3,777 |
Gain on acquisitions | 0 | -962 |
Gains on land and depreciated property sales | -163,689 | -105,525 |
Third-party construction contracts, net | -4,397 | 27,117 |
Other accrued revenues and expenses, net | 18,059 | 11,405 |
Operating distributions received in excess of (less than) equity in earnings from unconsolidated companies | -53,429 | -34,411 |
Net cash provided by operating activities | 320,999 | 317,662 |
Cash flows from investing activities: | ' | ' |
Development of real estate investments | -385,088 | -320,698 |
Acquisition of real estate investments and related intangible assets | -94,032 | -372,934 |
Acquisition of undeveloped land | -37,579 | -30,101 |
Second generation tenant improvements, leasing costs and building improvements | -69,475 | -60,052 |
Other deferred leasing costs | -24,948 | -26,647 |
Other assets | 514 | -14,725 |
Proceeds from land and depreciated property sales, net | 386,215 | 330,740 |
Capital distributions from unconsolidated companies | 70,054 | 106,306 |
Capital contributions and advances to unconsolidated companies | -5,874 | -38,959 |
Net cash provided by (used for) investing activities | -160,213 | -427,070 |
Cash flows from financing activities: | ' | ' |
Contributions from the General Partner | 255,962 | 632,531 |
Payments for redemption/repurchase of preferred shares/units | -113,797 | -177,955 |
Proceeds from unsecured debt | 0 | 500,000 |
Payments on unsecured debt | -1,556 | -426,462 |
Proceeds from secured debt financings | 0 | 1,933 |
Payments on secured indebtedness including principal amortization | -93,036 | -112,097 |
Borrowings (payments) on line of credit, net | 52,000 | -75,000 |
Distributions to common shareholders/unitholders | -172,153 | -167,092 |
Distributions to preferred shareholders/unitholders | -20,789 | -24,261 |
Distributions to Noncontrolling Interest, Net | 192 | -449 |
Payments to Noncontrolling Interests | -7,803 | 0 |
Change in book overdrafts | -12,450 | -44,225 |
Deferred financing costs | -499 | -7,292 |
Net cash provided by (used for) financing activities | -113,929 | 99,631 |
Net increase (decrease) in cash and cash equivalents | 46,857 | -9,777 |
Cash and cash equivalents at beginning of period | 19,275 | 33,889 |
Cash and cash equivalents at end of period | 66,132 | 24,112 |
Noncash investing and financing activities: | ' | ' |
Assumption of indebtedness and other liabilities in real estate acquisitions | 54 | 106,555 |
Carrying amount of pre-existing ownership interest in acquired property | 0 | 630 |
Conversion of Limited Partner Units to common shares | $56 | $338 |