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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Operating activities:    
Net income (loss) $ 4,207 $ (5,466)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 13,537 10,702
Noncash rental revenue including straight-line rents (3,424) (1,610)
Amortization of terminated swap agreements and related income tax benefit (1,812)  
Stock-based compensation expense 1,085 810
Amortization of debt issuance costs 719 819
Losses on early extinguishment of debt 653  
Gain on sales of equipment (203)  
Change in fair value of financial instruments   2,746
Gain on sales of real estate assets   (1,792)
Noncash impairment charge   3,000
Changes in assets and liabilities:    
Other assets (2,765) (5,110)
Accounts payable and accrued liabilities 1,822 (331)
Deferred revenue 1,692 1,371
Other liabilities (1,470) 553
Net cash provided by operating activities 14,041 5,692
Investing activities:    
Acquisitions of land and buildings (63,413) (77,954)
Additions to real estate assets (43,322) (33,692)
Deposits on building and land acquisitions (5,288) (6,455)
Deferred leasing costs and other (1,493) (2,490)
Proceeds from sale of equipment, net of expenses 250  
Proceeds from sales of real estate assets, net of expenses   9,982
Net cash used in investing activities (113,266) (110,609)
Financing activities:    
Principal payments on mortgage loans and construction loan (90,720) (3,826)
Proceeds from delayed draw term loan and construction loan 60,069 14,662
Dividends paid to stockholders (4,890) (5,721)
Payment of debt issuance costs (1,507) (1,863)
Proceeds from termination of interest rate swap agreements 1,227  
Proceeds from exercise of stock options 147 407
Proceeds from sale of common stock   108,676
Net cash (used in) provided by financing activities (35,674) 112,335
Net (decrease) increase in cash and cash equivalents and restricted cash (134,899) 7,418
Cash and cash equivalents and restricted cash at beginning of period 160,907 30,675
Cash and cash equivalents and restricted cash at end of period $ 26,008 $ 38,093