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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
OPERATING ACTIVITIES    
Cash receipts from operations, net $ 1,777 $ 2,863
Cash receipts from real estate sales, net 35,570 11,618
Cash paid for payroll and taxes (1,221) (1,701)
Cash paid for interest (2,219) (2,000)
Cash paid for income taxes (30) (159)
NET CASH PROVIDED BY OPERATING ACTIVITIES 33,877 10,621
INVESTING ACTIVITIES    
Purchases of property (268)
Proceeds from disposals of property 52
Payments for other assets (63) (9)
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES (331) 43
FINANCING ACTIVITIES    
Proceeds from long-term debt 27,500 600
Payments of long-term debt (61,208) (10,211)
Debt and common stock issuance costs and other (323) (381)
NET CASH USED IN FINANCING ACTIVITIES (34,031) (9,992)
NET (DECREASE) INCREASE IN CASH (485) 672
CASH AT BEGINNING OF YEAR 1,087 415
CASH AT END OF YEAR 602 1,087
SUPPLEMENTAL INFORMATION:    
Net income 21,814 6,813
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 2,990 2,308
Share based compensation 315 187
Loss on property disposals 12 1,324
Changes in operating assets and liabilities:    
Accounts receivable 25 (256)
Change in retirement liabilities 4,976 253
Trade accounts payable (106) (293)
Income taxes payable (30) (93)
Other operating assets and liabilities 3,881 378
NET CASH PROVIDED BY OPERATING ACTIVITIES $ 33,877 $ 10,621