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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Operating activities:    
Net income $ 6,110 $ 14,144
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 18,606 15,352
Noncash rental revenue including straight-line rents (4,220) (2,617)
Gain on sales of real estate assets (2,505) (24,758)
Amortization of terminated swap agreements and related income tax benefit (1,812) 66
Stock-based compensation expense 1,492 1,110
Amortization of debt issuance costs 898 1,047
Losses on early extinguishment of debt 653 74
Gain on sales of equipment (203)  
Noncash impairment charge   3,000
Change in fair value of financial instruments   2,746
Changes in assets and liabilities:    
Other assets (2,222) (656)
Accounts payable and accrued liabilities 2,324 148
Deferred revenue 1,412 243
Other liabilities (1,563) 954
Net cash provided by operating activities 18,970 10,853
Investing activities:    
Acquisitions of land and buildings (63,413) (125,599)
Additions to real estate assets (58,422) (47,703)
Proceeds from sales of real estate assets, net of expenses 10,392 42,344
Deposits on building and land acquisitions (5,788) (9,800)
Deferred leasing costs and other (2,660) (3,282)
Proceeds from sale of equipment, net of expenses 250  
Net cash used in investing activities (119,641) (144,040)
Financing activities:    
Principal payments on mortgage loans and construction loan (91,278) (17,100)
Proceeds from delayed draw term loan and construction loan 90,069 26,273
Dividends paid to stockholders (6,521) (5,721)
Payment of debt issuance costs (1,508) (1,886)
Proceeds from (payment for) termination of interest rate swap agreements 1,227 (66)
Proceeds from exercise of stock options 147 442
Proceeds from sale of common stock   261,477
Net cash (used in) provided by financing activities (7,864) 263,419
Net (decrease) increase in cash and cash equivalents and restricted cash (108,535) 130,232
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 $ 52,372 $ 160,907