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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities    
Net income $ 17,134 $ 6,081
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 44,850 47,210
Straight line rent (2,737) (1,329)
Amortization of above- / below-market leases (2,511) (3,048)
Amortization of unearned revenue (2,819) (1,394)
Amortization of loan premium / discount (38) (39)
Amortization of deferred financing costs 765 757
Amortization of lease inducements 430 431
Gain on the sale of operating property (530)  
Non-cash compensation 2,367 2,021
Other 7  
Net change in:    
Tenant accounts receivable (781) 1,826
Prepaid expenses and other assets (7,587) (8,977)
Deferred revenue associated with operating leases 746 20,461
Accounts payable, accrued expenses and other liabilities 7,421 11,594
Net cash provided by operating activities 56,717 75,594
Cash flows from investing activities    
Real estate acquisitions and deposits (93,037) (101,437)
Additions to operating properties (9,573) (8,809)
Additions to development properties (4,518) (29,340)
Proceeds from sale of operating property, net 3,326  
Net cash used in investing activities (103,802) (139,586)
Cash flows from financing activities    
Payment of deferred financing costs (81)  
Issuance of common shares 40,403 109,321
Credit facility draws 125,250 116,500
Credit facility repayments (67,250) (116,500)
Repayments of mortgage notes payable (1,886) (1,748)
Dividends and distributions paid (48,777) (44,403)
Payment of offering costs (565) (1,310)
Net cash provided by financing activities 47,094 61,860
Net increase (decrease) in Cash and cash equivalents and Restricted cash 9 (2,132)
Cash and cash equivalents and Restricted cash, beginning of period 14,669 15,549
Cash and cash equivalents and Restricted cash, end of period 14,678 13,417
Supplemental disclosure of cash flow information is as follows (amounts in thousands):    
Cash paid for interest, net of capitalized interest 17,671 17,284
Supplemental disclosure of non-cash information    
Financing costs accrued, not paid 77  
Offering costs accrued, not paid 166 22
Deferred asset acquisition costs accrued, not paid 291 72
Contingent consideration accrued, not paid 336 1,738
Unrealized gain (loss) on interest rate swaps, net 3,095 (10,112)
Properties acquired for Common Units 20,790 21,550
Exchange of Common Units for Shares of Common Stock    
Non-controlling interest in Operating Partnership (3,424) (1,812)
Common stock 2 1
Additional paid-in capital 3,422 1,811
Operating Properties [Member]    
Supplemental disclosure of non-cash information    
Additions to properties accrued, not paid 2,417 1,476
Development Properties [Member]    
Supplemental disclosure of non-cash information    
Additions to properties accrued, not paid $ 1,330 $ 9,920