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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Mar. 31, 2016
Mar. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income $ 14,070,602 $ 10,242,332
Noncash Items Included in Net Income:    
Depreciation & Amortization 12,827,503 10,678,415
Stock Based Compensation Expense 206,928 186,905
Gain on Sale of Securities Transactions, net (887,342) (377,087)
Changes In:    
Tenant, Deferred Rent and Other Receivables (1,135,834) (618,061)
Prepaid Expenses (2,840,928) (2,664,189)
Other Assets and Capitalized Lease Costs (2,327,353) (892,206)
Accounts Payable, Accrued Expenses and Other Liabilities 8,514,594 1,297,741
NET CASH PROVIDED BY OPERATING ACTIVITIES 28,428,170 17,853,850
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of Real Estate and Intangible Assets (70,418,761) (112,400,079)
Capital and Land Site Improvements (10,193,323) (5,394,632)
Return of Deposits on Real Estate 900,000 1,900,000
Deposits Paid on Acquisitions of Real Estate (850,000) (2,000,000)
Proceeds from Sale of Securities Available for Sale 7,416,459 9,584,512
Purchase of Securities Available for Sale (13,132,910) (1,244,580)
NET CASH USED IN INVESTING ACTIVITIES (86,278,535) (109,554,779)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net Proceeds from Loans Payable 14,875,497 39,961,669
Proceeds from Mortgage Notes Payable 46,670,000 73,186,828
Principal Payments on Mortgage Notes Payable (14,235,258) (13,814,294)
Financing Costs Paid on Debt (615,329) (1,214,592)
Proceeds from the Exercise of Stock Options 1,412,050 612,409
Proceeds from Issuance of Common Stock in the DRIP, net of Dividend Reinvestments 28,200,304 15,531,409
Preferred Dividends Paid (4,303,516) (4,303,516)
Common Dividends Paid, net of Reinvestments (16,292,674) (13,232,331)
NET CASH PROVIDED BY FINANCING ACTIVITIES 55,711,074 96,727,582
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (2,139,291) 5,026,653
CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD 12,073,909 20,474,661
CASH AND CASH EQUIVALENTS - END OF PERIOD $ 9,934,618 $ 25,501,314