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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flows from operating activities:    
Net income (loss) $ 18,791 $ (15,743)
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 19,137 17,766
Non-cash interest income adjustments 26 222
Amortization of deferred financing costs 1,277 1,221
Stock-based compensation expense 2,588 1,818
Amortization of debt discount 28 27
Loss on extinguishment of debt 0 556
Straight-line rental income adjustments (4,607) (5,593)
Provision for doubtful accounts and loan losses 1,770 2,523
Change in fair value of contingent consideration (822) 0
Net loss on sales of real estate 0 4,602
Impairment of real estate 0 29,811
Changes in operating assets and liabilities:    
Prepaid expenses and other assets (1,414) (5,900)
Accounts payable and accrued liabilities (4,605) (5,430)
Restricted cash (731) (1,154)
Net cash provided by operating activities 31,438 24,726
Cash flows from investing activities:    
Origination and fundings of loans receivable (508) (5,850)
Origination and fundings of preferred equity investments (51) (984)
Additions to real estate (520) (474)
Repayment of loans receivable 118 8,874
Net proceeds from the sale of real estate 0 398
Net cash (used in) provided by investing activities (961) 1,964
Cash flows from financing activities:    
Net repayments of revolving credit facility (9,000) (57,000)
Proceeds from term loans 0 69,360
Principal payments on mortgage notes (1,021) (1,022)
Payments of deferred financing costs (109) (5,885)
Issuance of common stock, net (3,224) (1,274)
Dividends paid on common and preferred stock (29,993) (29,301)
Net cash used in financing activities (43,347) (25,122)
Net (decrease) increase in cash and cash equivalents (12,870) 1,568
Effect of foreign currency translation on cash and cash equivalents 21 131
Cash and cash equivalents, beginning of period 25,663 7,434
Cash and cash equivalents, end of period 12,814 9,133
Supplemental disclosure of cash flow information:    
Interest paid $ 18,127 $ 19,459