DETAILS OF CASH FLOWS (Tables)

12 Months Ended

Dec. 31, 2023

DETAILS OF CASH FLOWS

Schedule of items not involving current cash flows

Items not involving operating cash flows are shown in the following table:

Years ended December 31,	2023		2022
Straight-line rent amortization	$	(16,690)	$	(10,596)
Tenant incentive amortization	4,403		4,149
Unit-based compensation expense (recovery) (note 13(b))	10,213		(167)
Fair value losses on investment properties, net	172,676		219,728
Depreciation and amortization	1,272		1,598
Fair value losses (gains) on financial instruments, net (note 14(e))	17,296		(11,383)
Loss on sale of investment properties	1,505		666
Amortization of issuance costs relating to debentures and term loans	1,953		1,729
Amortization of deferred financing costs	535		582
Deferred income tax recovery (note 15(a))	(16,195)		(71,045)
Other	33		(173)
	$	177,001	$	135,088

Schedule of changes in working capital balances

Changes in working capital balances are shown in the following table:

Years ended December 31,	2023		2022
Accounts receivable	$	(200)	$	1,674
Prepaid expenses and other	(3,390)		(2,269)
Accounts payable and accrued liabilities	(1,727)		(4,209)
Deferred revenue	654		4,702
	$	(4,663)	$	(102)

Schedule of cash and cash equivalents

Cash and cash equivalents consist of:

As at December 31,	2023		2022
Cash	$	115,714	$	127,091
Short-term deposits	420		7,990
	$	116,134	$	135,081