XML 24 R10.htm IDEA: XBRL DOCUMENT v3.22.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities:    
Net income $ 18,666 $ 22,393
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 71,009 71,671
Share-based compensation expense 2,025 3,337
Income from unconsolidated joint venture (400) (392)
Distributions from unconsolidated joint venture 785 785
Loss on sale of real estate, net 4 0
Changes in operating assets and liabilities:    
Receivables and other assets, net (3,229) 2,275
Accounts payable and accrued liabilities (34,131) (27,613)
Security deposits, prepaid rent and other liabilities (5,421) (7,103)
Net cash provided by operating activities 49,308 65,353
Cash flows from investing activities:    
Investments in real estate (19,094) (30,472)
Development of real estate (10,372) (17,096)
Proceeds from the sale of real estate 26,791 0
Capital expenditures (28,560) (28,931)
Collection of real estate notes receivable 0 200
Loan origination fees 325 0
Advances on real estate notes receivable (2,270) 0
Net cash used in investing activities (33,180) (76,299)
Cash flows from financing activities:    
Borrowings on unsecured revolving credit facility 75,000 15,000
Payments on unsecured revolving credit facility (50,000) (15,000)
Deferred financing costs (5,355) 0
Repurchase and cancellation of common stock (1,641) (3,248)
Dividends paid (74,377) (70,000)
Distributions paid to non-controlling interest of limited partners (1,402) (1,485)
Net cash used in financing activities (57,775) (74,733)
Net change in cash, cash equivalents and restricted cash (41,647) (85,679)
Cash, cash equivalents and restricted cash - beginning of period 57,069 118,765
Cash, cash equivalents and restricted cash - end of period 15,422 33,086
Healthcare Trust of America Holdings, LP (HTALP)    
Cash flows from operating activities:    
Net income 18,666 22,393
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 71,009 71,671
Share-based compensation expense 2,025 3,337
Income from unconsolidated joint venture (400) (392)
Distributions from unconsolidated joint venture 785 785
Loss on sale of real estate, net 4 0
Changes in operating assets and liabilities:    
Receivables and other assets, net (3,229) 2,275
Accounts payable and accrued liabilities (34,131) (27,613)
Security deposits, prepaid rent and other liabilities (5,421) (7,103)
Net cash provided by operating activities 49,308 65,353
Cash flows from investing activities:    
Investments in real estate (19,094) (30,472)
Development of real estate (10,372) (17,096)
Proceeds from the sale of real estate 26,791 0
Capital expenditures (28,560) (28,931)
Collection of real estate notes receivable 0 200
Loan origination fees 325 0
Advances on real estate notes receivable (2,270) 0
Net cash used in investing activities (33,180) (76,299)
Cash flows from financing activities:    
Borrowings on unsecured revolving credit facility 75,000 15,000
Payments on unsecured revolving credit facility (50,000) (15,000)
Deferred financing costs (5,355) 0
Repurchase and cancellation of general partner units (1,641) (3,248)
Distributions paid to general partner (74,377) (70,000)
Distributions paid to limited partners and redeemable non-controlling interests (1,402) (1,485)
Net cash used in financing activities (57,775) (74,733)
Net change in cash, cash equivalents and restricted cash (41,647) (85,679)
Cash, cash equivalents and restricted cash - beginning of period 57,069 118,765
Cash, cash equivalents and restricted cash - end of period $ 15,422 $ 33,086