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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Dec. 31, 2021
Dec. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income Attributable to Shareholders $ 19,833 $ 33,916
Noncash Items Included in Net Income Attributable to Shareholders:    
Depreciation & Amortization 15,050 13,217
Deferred Straight Line Rent (617) (618)
Stock Compensation Expense 94 57
Securities Available for Sale Received as Dividend Income (262) (239)
Unrealized Holding Gains Arising During the Periods (16,508) (19,721)
Changes In:    
Tenant & Other Receivables (1,467) 1,400
Prepaid Expenses (5,973) (4,546)
Other Assets & Capitalized Lease Costs 730 824
Accounts Payable, Accrued Expenses & Other Liabilities (2,487) 5,402
NET CASH PROVIDED BY OPERATING ACTIVITIES 8,393 29,692
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of Real Estate & Intangible Assets (31,812) (170,568)
Capital Improvements (8,500) (2,256)
Return of Deposits on Real Estate 2,200 5,000
Deposits Paid on Acquisitions of Real Estate 0 (1,450)
Proceeds from Securities Available for Sale Called for Redemption 0 2,500
NET CASH USED IN INVESTING ACTIVITIES (38,112) (166,774)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net Draws on Loans Payable 50,000 0
Proceeds from Fixed Rate Mortgage Notes Payable 0 104,000
Principal Payments on Fixed Rate Mortgage Notes Payable (23,696) (14,923)
Financing Costs Paid on Debt (483) (569)
Proceeds from the Exercise of Stock Options 663 1,566
Proceeds from At-The-Market 6.125% Series C Preferred Stock, net of offering costs 0 75,958
Proceeds from Issuance of Common Stock in the DRIP, net of Dividend Reinvestments 0 237
Preferred Dividends Paid (8,416) (7,774)
Payment of Taxes for Shares of Common Stock Withheld for Employee Taxes in Connection with the Net Exercise of Employee Stock Options (1,556) 0
Common Dividends Paid, net of Reinvestments (17,698) (15,650)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES (1,186) 142,845
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (30,905) 5,763
CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD 48,618 23,517
CASH AND CASH EQUIVALENTS - END OF PERIOD $ 17,713 $ 29,280