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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities:  
Net loss$ (1,394)$ (188)
Adjustments to reconcile net loss to net cash provided by operating activities:  
Depreciation1,2981,743
Amortization of loan costs1820
Casualty gains0(1,499)
Change in accounts:  
Receivables and deposits(44)(71)
Other assets(145)(202)
Accounts payable(82)25
Tenant security deposit liabilities6(5)
Accrued property taxes(132)(225)
Other liabilities57(88)
Due to affiliates14118
Net cash used in operating activities(277)(472)
Cash flows from investing activities:  
Property improvements and replacements(991)(1,690)
Net (deposits to) withdrawals from restricted escrows(18)16
Insurance proceeds received225858
Net cash used in investing activities(784)(816)
Cash flows from financing activities:  
Payments on mortgage notes payable(228)(212)
Payment of advances from affiliate(403)(26)
Advances from affiliate1,2931,653
Net cash provided by financing activities6621,415
Net increase (decrease) in cash and cash equivalents(399)127
Cash and cash equivalents at beginning of period488127
Cash and cash equivalents at end of period89254
Supplemental disclosure of cash flow information:  
Cash paid for interest, net of capitalized interest1,7251,730
Supplemental disclosure of non-cash activity:  
Property improvements and replacements included in accounts payable35163
Insurance proceeds held on deposit with mortgage lender$ 0$ 671