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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash Flow From Operating Activities:    
Net (loss) income $ (10,446) $ 1,064
Adjustments to reconcile net (loss) income to net cash used in operating activities:    
Loss (gain) on sale or write down of assets 7,047 (9,477)
Gain on foreign currency transactions (2,824) (2,244)
Depreciation and amortization 7,755 8,787
Recovery of bad debts (1,326) (542)
Equity in (income) loss from unconsolidated joint ventures (7,908) 979
Distribution of income from unconsolidated joint ventures 3,157 1,441
Changes in assets and liabilities, net of dispositions:    
Other assets (8,850) (8,543)
Related party receivables 14,128 (4,432)
Accrued interest payable (908) 1,106
Accounts payable and other liabilities 87 (362)
Net cash used in operating activities (88) (12,223)
Cash Flow From Investing Activities:    
Collection of notes receivable 9,319 5,042
Originations and advances on notes receivable (3,504) (1,748)
Acquisition of real estate 0 (2,664)
Development and renovation of real estate (6,990) (7,727)
Deferred leasing costs (755) 0
Proceeds from sale of assets 24,440 12,255
Contribution to unconsolidated joint ventures (411) (253)
Distribution from unconsolidated joint ventures 7,430 3,823
Net cash provided by investing activities 29,529 8,728
Cash Flow From Financing Activities:    
Proceeds from mortgages, other notes and bonds payable 0 24,567
Payments on mortgages, other notes and bonds payable (48,431) (31,808)
Deferred financing costs (22) 0
Net cash used in financing activities (48,453) (7,241)
Net decrease in cash, cash equivalents and restricted cash (19,012) (10,736)
Cash, cash equivalents and restricted cash, beginning of period 87,020 83,311
Cash, cash equivalents and restricted cash, end of period $ 68,008 $ 72,575