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Consolidated Statements Of Cash Flows (unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Cash flows from operating activities:    
Net income $ 10,642 $ 3,726
Adjustments to reconcile net income to net cash provided by operating activities:    
Proceeds from sale of real estate acquired for resale 1,828  
Gain on sale of real estate acquired for resale (799)  
Gain on sale of real estate acquired for investment (7,696)   
Impairment recovery - notes receivable    (443)
Bad debt expense (recoveries) (215) 92
Loss from Advised Funds 67 128
Cash receipts (income recognized) for related party fees (24) 46
Depreciation and amortization 9,235 6,980
Amortization of deferred compensation 918 555
Decrease (increase) in tenant and accounts receivable 159 (82)
Increase in accounts receivable - related party (907) (1,801)
Decrease (increase) in other assets 100 (665)
Decrease in accounts payable and other liabilities (106) (657)
Net cash provided by operating activities 13,202 7,879
Cash flows from investing activities:    
Improvements to real estate, including leasing costs (3,152) (3,161)
Net cash paid for acquisition of investment properties (63,156)   
Additions to furniture, fixtures and equipment (31) (17)
Notes receivable collections 148 1,115
Notes receivable advances (1,483)   
Investments in and advances to Advised Funds (1,758) (1,420)
Distributions and payments from Advised Funds 8,997 2,234
Proceeds from sale of investment property 32,861   
Net cash provided by (used in) investing activities (27,574) (1,249)
Cash flows from financing activities:    
Proceeds from notes payable 65,550 25,600
Payments of notes payable (100,182) (65,170)
Payments for financing costs (9) (981)
Issuance of shares of Common Stock 62,962 58,146
Issuance costs (3,124) (4,996)
Retirement of shares of Common Stock   (66)
Common dividends paid (10,395) (7,889)
Net cash provided by financing activities 14,802 4,644
Net increase in cash and cash equivalents 430 11,274
Cash and cash equivalents, beginning of period 2,992 1,050
Cash and cash equivalents, end of period 3,422 12,324
Supplemental schedule of cash flow information:    
Interest 6,976 7,604
Taxes 267 251
Deferred compensation recorded upon issuance of restricted shares of common stock 948 5,299
Reclassification of tenant and accounts receivable to notes receivable 130 136
Reclassification of accounts receivable - related party to notes receivable - related party 683 1,392
Assumption of debt associated with the acquisition of operating properties $ 23,000