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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash Flow From Operating Activities:      
Net Income $ 33,955 $ 11,462 $ 1,146
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:      
Depreciation and Amortization 23,564 15,939 9,949
Amortization of Intangible Lease Assets and Liabilities to Lease Income (328) (257) (108)
Amortization of Deferred Financing Costs to Interest Expense 599 362 188
Non-Cash Portion of Extinguishment of Debt 727    
Gain on Disposition of Assets (33,801) (9,675) (287)
Non-Cash Compensation 310 309 268
Decrease (Increase) in Assets:      
Straight-Line Rent Adjustment (935) (607) (1,524)
COVID-19 Rent Repayments (Deferrals) 45 430 (378)
Other Assets 552 (2,413) (830)
Increase (Decrease) in Liabilities:      
Accounts Payable, Accrued Expenses, and Other Liabilities 217 673 2
Prepaid Rent and Deferred Revenue (253) 977 968
Net Cash Provided By Operating Activities 24,652 17,200 9,394
Cash Flow From Investing Activities:      
Acquisition of Real Estate, Including Capitalized Expenditures (189,148) (223,407) (118,808)
Proceeds from Disposition of Assets 150,370 27,415 4,933
Net Cash Used In Investing Activities (38,778) (195,992) (113,875)
Cash Flow from Financing Activities:      
Proceeds from Long-Term Debt 277,000 294,622 115,500
Payments on Long-Term Debt (277,750) (162,431) (8,691)
Cash Paid for Loan Fees (2,106) (1,402) (261)
Repurchase of Common Stock     (5,014)
Cash Paid for Shelf Registration and ATM Transaction Costs     (298)
Proceeds From Stock Issuance, Net 35,645 67,770  
Dividends Paid (15,116) (12,164) (7,203)
Net Cash Provided By Financing Activities 17,673 186,395 94,033
Net Increase (Decrease) in Cash and Cash Equivalents 3,547 7,603 (10,448)
Cash and Cash Equivalents and Restricted Cash, Beginning of Period 9,497 1,894 12,342
Cash and Cash Equivalents and Restricted Cash, End of Period 13,044 9,497 1,894
Supplemental Disclosure of Cash Flow Information:      
Cash Paid for Interest 7,753 3,131 1,230
Supplemental Disclosure of Non-Cash Investing and Financing Activities:      
Unrealized Gain (Loss) on Cash Flow Hedge $ 12,679 $ 2,403 $ (481)
Derivative, Gain (Loss), Statement of Income or Comprehensive Income Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax, Parent Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax, Parent Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax, Parent
Right-of-Use Assets and Operating Lease Liability $ 1,831    
Operating Units Issued in Exchange for Real Estate   $ 9,041  
Assumption of Mortgage Note Payable   $ 30,000