Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows

v2.4.1.9
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Net Cash Provided by (Used in) Operating Activities [Abstract]    
Net income $ 29,398us-gaap_ProfitLoss $ 104,554us-gaap_ProfitLoss
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization, including amounts in discontinued operations 25,275us-gaap_DepreciationDepletionAndAmortization 22,753us-gaap_DepreciationDepletionAndAmortization
Provision for losses on accounts receivable 441us-gaap_ProvisionForDoubtfulAccounts 568us-gaap_ProvisionForDoubtfulAccounts
Gain on sale of real estate (30,277)us-gaap_GainsLossesOnSalesOfInvestmentRealEstate (106,273)us-gaap_GainsLossesOnSalesOfInvestmentRealEstate
Amortization of share grants, net 1,852us-gaap_ShareBasedCompensation 1,058us-gaap_ShareBasedCompensation
Amortization of debt premiums, discounts and related financing costs 872us-gaap_AmortizationOfFinancingCostsAndDiscounts 937us-gaap_AmortizationOfFinancingCostsAndDiscounts
Changes in operating other assets 932us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets 3,152us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Changes in operating other liabilities 9,075us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities 2,040us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Net cash provided by operating activities 35,704us-gaap_NetCashProvidedByUsedInOperatingActivities 22,485us-gaap_NetCashProvidedByUsedInOperatingActivities
Cash flows from investing activities    
Real estate acquisitions, net 0us-gaap_PaymentsToAcquireRealEstate (48,051)us-gaap_PaymentsToAcquireRealEstate
Net cash received for sale of real estate 37,013us-gaap_ProceedsFromSaleOfRealEstateHeldforinvestment 189,386us-gaap_ProceedsFromSaleOfRealEstateHeldforinvestment
Escrow Deposits Related to Property Sales 0us-gaap_EscrowDepositsRelatedToPropertySales (96,610)us-gaap_EscrowDepositsRelatedToPropertySales
Capital improvements to real estate (4,781)us-gaap_PaymentsForCapitalImprovements (10,369)us-gaap_PaymentsForCapitalImprovements
Development in progress (6,390)us-gaap_PaymentsToDevelopRealEstateAssets (4,203)us-gaap_PaymentsToDevelopRealEstateAssets
Real estate deposits, net 0us-gaap_PaymentsForDepositsOnRealEstateAcquisitions (2,500)us-gaap_PaymentsForDepositsOnRealEstateAcquisitions
Increase (Decrease) in Restricted Cash (996)us-gaap_IncreaseDecreaseInRestrictedCash 0us-gaap_IncreaseDecreaseInRestrictedCash
Non-real estate capital improvements (1,376)us-gaap_PaymentsToAcquireProductiveAssets (17)us-gaap_PaymentsToAcquireProductiveAssets
Net cash provided by investing activities 23,470us-gaap_NetCashProvidedByUsedInInvestingActivities 27,636us-gaap_NetCashProvidedByUsedInInvestingActivities
Cash flows from financing activities    
Line of credit repayments (20,000)us-gaap_ProceedsFromRepaymentsOfLinesOfCredit 0us-gaap_ProceedsFromRepaymentsOfLinesOfCredit
Dividends paid (20,519)us-gaap_PaymentsOfDividends (20,091)us-gaap_PaymentsOfDividends
Payment of financing costs (238)us-gaap_PaymentOfFinancingAndStockIssuanceCosts (660)us-gaap_PaymentOfFinancingAndStockIssuanceCosts
Proceeds from Issuance of Common Stock 5,091us-gaap_ProceedsFromIssuanceOfCommonStock 0us-gaap_ProceedsFromIssuanceOfCommonStock
Principal payments – mortgage notes payable (1,155)us-gaap_RepaymentsOfSecuredDebt (830)us-gaap_RepaymentsOfSecuredDebt
Borrowings under construction loan 1,845us-gaap_ProceedsFromConstructionLoansPayable 3,197us-gaap_ProceedsFromConstructionLoansPayable
Notes payable repayments 0us-gaap_RepaymentsOfUnsecuredDebt (100,000)us-gaap_RepaymentsOfUnsecuredDebt
Net cash used in financing activities (34,976)us-gaap_NetCashProvidedByUsedInFinancingActivities (118,384)us-gaap_NetCashProvidedByUsedInFinancingActivities
Net increase (decrease) in cash and cash equivalents 24,198us-gaap_CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect (68,263)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
Cash and cash equivalents at beginning of period 15,827us-gaap_CashAndCashEquivalentsAtCarryingValue 130,343us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents at end of period 40,025us-gaap_CashAndCashEquivalentsAtCarryingValue 62,080us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental disclosure of cash flow information:    
Cash paid for interest, net of amounts capitalized 7,531us-gaap_InterestPaidNet 8,970us-gaap_InterestPaidNet
Decrease in accrued capital improvements and development costs 4,104wre_IncreaseDecreaseinAccruedCapitalImprovements 2,616wre_IncreaseDecreaseinAccruedCapitalImprovements
Noncash or Part Noncash Acquisition, Debt Assumed $ 0us-gaap_NoncashOrPartNoncashAcquisitionDebtAssumed1 $ 100,861us-gaap_NoncashOrPartNoncashAcquisitionDebtAssumed1