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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 Attributable to the Company $ 3,158 $ 29,940 $ 78,509
Adjustments to Reconcile Net Income Attributable to the Company to Net Cash Provided by Operating Activities:      
Depreciation and Amortization 28,855 20,581 19,063
Amortization of Intangible Liabilities to Income Property Revenue 2,161 (404) (1,754)
Amortization of Deferred Financing Costs to Interest Expense 755 586 454
Amortization of Discount on Convertible Debt 189 1,278 1,379
Gain on Disposition of Real Estate and Intangible Lease Assets and Liabilities (3,869) (28,316) (7,509)
Loss on Disposition of Mitigation Bank 11,713    
Gain on Disposition of Assets Held for Sale     (2,590)
Loss (Gain) on Disposition of Commercial Loans and Investments (802)   353
Loss (Gain) on Extinguishment of Debt   3,431 (1,141)
Impairment Charges   17,599 9,147
Accretion of Commercial Loans and Investments Origination Fees (174) (2) (161)
Non-Cash Imputed Interest (126) (438) (428)
Deferred Income Taxes (3,013) (3,038) (90,532)
Unrealized (Gain) Loss on Investment Securities 1,697 (10,340) 8,240
Non-Cash Compensation 3,232 3,168 2,786
Decrease (Increase) in Assets:      
Refundable Income Taxes (5) (416) (26)
Assets Held for Sale   833  
Land and Development Costs 7 6,391 (493)
Mitigation Credits and Mitigation Credit Rights 10,427 (15,750) 3,323
Other Assets (5,067) (3,191) (1,802)
(Decrease) Increase in Liabilities:      
Accounts Payable 1,866 (370) (340)
Accrued and Other Liabilities 3,863 5,680 3,402
Deferred Revenue 1,230 1,186 (2,511)
Liabilities Held for Sale   (831)  
Income Taxes Payable     (439)
Net Cash Provided By Operating Activities 56,097 27,577 16,930
Cash Flow from Investing Activities:      
Acquisition of Real Estate and Intangible Lease Assets and Liabilities (313,926) (256,381) (167,811)
Acquisition of Commercial Loans and Investments (53,369) (364) (28,235)
Acquisition of Mitigation Credits     (3,621)
Restricted Cash Balance Received in Acquisition of Interest in Joint Venture   596  
Cash Received (Contribution to) Joint Ventures   23,864 (41)
Proceeds from Disposition of Property, Plant, and Equipment, Net, and Assets Held for Sale 40,777 129,461 85,621
Principal Payments Received on Commercial Loans and Investments 61,628   22,965
Acquisition of Investment Securities (2,739) (143)  
Net Cash Used In Investing Activities (267,629) (102,967) (91,122)
Cash Flow From Financing Activities:      
Proceeds from Long-Term Debt 380,500 314,500 66,640
Payments on Long-Term Debt (233,750) (283,519) (72,269)
Cash Paid for Loan Fees (2,724) (1,587) (2,187)
Cash Received (Paid for) Exercise of Stock Options and Common Stock Issuance 315 (162)  
Proceeds from Issuance of Preferred Stock, Net of Underwriting Discount and Expenses   72,430  
Cash Used to Purchase Common Stock (2,792) (2,210) (4,100)
Cash Paid for Vesting of Restricted Stock (845) (436) (502)
Proceeds from (Cash Paid for) Issuance of Common Stock, Net 94,350 (197)  
Dividends Paid - Preferred Stock (4,781) (2,325)  
Dividends Paid - Common Stock (28,896) (23,580) (14,470)
Net Cash Provided By (Used In) Financing Activities 201,377 72,914 (26,888)
Net Decrease in Cash, Cash Equivalents and Restricted Cash (10,155) (2,476) (101,080)
Cash, Cash Equivalents and Restricted Cash, Beginning of Period 31,349 33,825 134,905
Cash, Cash Equivalents and Restricted Cash, End of Period 21,194 31,349 33,825
Reconciliation of Cash to the Consolidated Balance Sheets:      
Cash and Cash Equivalents 19,333 8,615 4,289
Restricted Cash 1,861 22,734 29,536
Total Cash $ 21,194 $ 31,349 $ 33,825