XML 34 R9.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash flows from operating activities:      
Net income $ 33,557 $ 45,994 $ 24,684
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, amortization and other 151,614 137,188 119,904
Share-based compensation expense 5,724 4,383 5,648
Bad debt expense 828 312 453
Gain on sales of real estate, net (152) (27,894) 0
Impairment 2,581 0 0
(Gain) loss on extinguishment of debt, net (123) 4,663 0
Change in fair value of derivative financial instruments 769 2,870 (10,796)
Changes in operating assets and liabilities:      
Receivables and other assets, net (7,508) (9,252) (15,931)
Accounts payable and accrued liabilities (6,284) 12,262 14,789
Security deposits, prepaid rent and other liabilities 10,089 (2,027) 9,073
Net cash provided by operating activities 191,095 168,499 147,824
Cash flows from investing activities:      
Investments in real estate (279,334) (307,271) (340,307)
Acquisition of note receivable 0 (11,924) 0
Proceeds from sales of real estate 34,629 78,854 0
Capital expenditures (29,270) (29,037) (25,382)
Collection of real estate notes receivable 0 28,520 0
Issuance of real estate notes receivable 0 0 (8,520)
Restricted cash, escrow deposits and other assets 4,711 (18,844) (491)
Net cash used in investing activities (269,264) (259,702) (374,700)
Cash flows from financing activities:      
Proceeds from unsecured senior notes 0 297,615 297,558
Borrowings on unsecured revolving credit facility 454,000 294,000 158,000
Payments on unsecured revolving credit facility (272,000) (313,000) (175,000)
Borrowings on unsecured term loans 100,000 0 0
Payments on unsecured term loans 0 (100,000) 0
Payments on secured real estate term loan and mortgage loans (94,856) (92,236) (156,963)
Deferred financing costs (204) (12,112) (3,651)
Derivative financial instrument termination payments 0 (1,675) (1,195)
Security deposits (243) (1,025) 1,225
Proceeds from issuance of common stock, net 44,324 152,014 240,657
Repurchase and cancellation of common stock (1,667) (1,056) (522)
Dividends (146,372) (137,158) (129,360)
Payment on earnout liability 0 0 (92)
Distributions to noncontrolling interest of limited partners (2,156) (1,832) (1,656)
Net cash provided by financing activities 80,826 83,535 229,001
Net change in cash and cash equivalents 2,657 (7,668) 2,125
Cash and cash equivalents - beginning of year 10,413 18,081 15,956
Cash and cash equivalents - end of year 13,070 10,413 18,081
Healthcare Trust of America Holdings, LP (HTALP)      
Cash flows from operating activities:      
Net income 33,557 45,994 24,684
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, amortization and other 151,614 137,188 119,904
Share-based compensation expense 5,724 4,383 5,648
Bad debt expense 828 312 453
Gain on sales of real estate, net (152) (27,894) 0
Impairment 2,581 0 0
(Gain) loss on extinguishment of debt, net (123) 4,663 0
Change in fair value of derivative financial instruments 769 2,870 (10,796)
Changes in operating assets and liabilities:      
Receivables and other assets, net (7,508) (9,252) (15,931)
Accounts payable and accrued liabilities (6,284) 12,262 14,789
Security deposits, prepaid rent and other liabilities 10,089 (2,027) 9,073
Net cash provided by operating activities 191,095 168,499 147,824
Cash flows from investing activities:      
Investments in real estate (279,334) (307,271) (340,307)
Acquisition of note receivable 0 (11,924) 0
Proceeds from sales of real estate 34,629 78,854 0
Capital expenditures (29,270) (29,037) (25,382)
Collection of real estate notes receivable 0 28,520 0
Issuance of real estate notes receivable 0 0 (8,520)
Restricted cash, escrow deposits and other assets 4,711 (18,844) (491)
Net cash used in investing activities (269,264) (259,702) (374,700)
Cash flows from financing activities:      
Proceeds from unsecured senior notes 0 297,615 297,558
Borrowings on unsecured revolving credit facility 454,000 294,000 158,000
Payments on unsecured revolving credit facility (272,000) (313,000) (175,000)
Borrowings on unsecured term loans 100,000 0 0
Payments on unsecured term loans 0 (100,000) 0
Payments on secured real estate term loan and mortgage loans (94,856) (92,236) (156,963)
Deferred financing costs (204) (12,112) (3,651)
Derivative financial instrument termination payments 0 (1,675) (1,195)
Security deposits (243) (1,025) 1,225
Proceeds from issuance of general partner units, net 44,324 152,014 240,657
Repurchase and cancellation of general partner units (1,667) (1,056) (522)
Distributions to general partner (146,372) (137,158) (129,360)
Payment on earnout liability 0 0 (92)
Distributions to limited partners and redeemable noncontrolling interests (2,156) (1,832) (1,656)
Net cash provided by financing activities 80,826 83,535 229,001
Net change in cash and cash equivalents 2,657 (7,668) 2,125
Cash and cash equivalents - beginning of year 10,413 18,081 15,956
Cash and cash equivalents - end of year $ 13,070 $ 10,413 $ 18,081