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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
12 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2009
CASH FLOWS FROM OPERATING ACTIVITIES      
Net Income $ 15,503,151 $ 11,215,252 $ 1,806,884
Noncash Items Included in Net Income:      
Depreciation & Amortization 12,249,416 11,275,679 10,530,768
Stock Based Compensation Expense 163,150 33,860 77,351
(Gain) Loss on Securities Transactions, net (5,238,203) (2,609,149) 6,601,460
Changes in:      
Tenant, Deferred Rent & Other Receivables (457,566) (432,857) 643,948
Prepaid Expenses & Other Assets (382,622) (252,423) (789,653)
Accounts Payable, Accrued Expenses & Other Liabilities 289,493 (234,703) 720,697
NET CASH PROVIDED FROM OPERATING ACTIVITIES 22,126,819 18,995,659 19,591,455
CASH FLOWS FROM INVESTING ACTIVITIES      
Purchase of Real Estate & Intangible Assets (18,841,546) (48,225,328) (4,088,300)
Capital Improvements & Purchases of Equipment (1,437,395) (885,829) (4,149,178)
Purchase of Noncontrolling Interests (4,138,291) (948,802) 0
Deposits on Acquisitions of Real Estate (1,722,850) 0 0
Purchase of Securities Available for Sale (20,347,387) (19,001,455) (5,890,534)
Proceeds from Sale of Securities Available for Sale 16,090,362 13,236,770 2,406,354
Repayment of Employee Loan 118,750 0 0
Collections on Loans Receivable 31,189 122,875 65,744
NET CASH USED IN INVESTING ACTIVITIES (30,247,168) (55,701,769) (11,655,914)
CASH FLOW FROM FINANCING ACTIVITIES      
Proceeds from Mortgages 7,800,000 27,100,000 11,125,073
Principal Payments on Mortgages (17,341,678) (13,336,548) (11,022,422)
Net Proceeds from (Payments on) Loans 7,587,037 (9,789,837) 4,512,803
Repurchase of Subordinated Convertible Debentures (5,075,000) 0 (1,000,000)
Financing Costs on Debt (419,089) (535,626) (358,882)
Net Distributions to Noncontrolling Interests (160,868) (344,414) (379,693)
Proceeds from Registered Direct Placement of Preferred Stock, net of offering costs 18,978,635 0 0
Proceeds from Registered Direct Placement of Common Stock, net of offering costs 0 38,661,466 0
Proceeds from Issuance of Common Stock in the DRIP, net of reinvestments 14,091,303 11,261,278 3,122,476
Proceeds from Exercise of Options 2,181,484 764,297 0
Repurchase of Common Stock, held in treasury 0 0 (24,905)
Preferred Dividends Paid (4,079,219) (2,521,214) (2,521,214)
Dividends Paid, Net of Reinvestments (15,880,001) (13,819,627) (10,656,151)
NET CASH PROVIDED FROM (USED IN) FINANCING ACTIVITIES 7,682,604 37,439,775 (7,202,915)
Net Increase (Decrease) in Cash and Cash Equivalents (437,745) 733,665 732,626
Cash and Cash Equivalents at Beginning of Year 6,814,553 6,080,888 5,348,262
CASH AND CASH EQUIVALENTS AT END OF YEAR $ 6,376,808 $ 6,814,553 $ 6,080,888