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Consolidated Statements of Cash Flows - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
OPERATING ACTIVITIES        
Net loss $ (80,883,000) $ 1,404,000 $ (28,166,000) $ (6,703,000)
Adjustments to reconcile net loss to net cash provided by operating activities:        
Gain on sales   (679,000) (49,904,000) (679,000)
Impairment charges     80,887,000 7,607,000
Straight-line rents and expenses, net     (285,000) 1,304,000
Provision for doubtful accounts     606,000 1,010,000
Depreciation and amortization 9,510,000 10,035,000 30,978,000 38,208,000
Amortization of intangible lease liabilities, net (268,000) (299,000) (807,000) (1,065,000)
Expense relating to share-based compensation, net     2,509,000 2,753,000
Amortization of deferred financing costs     1,203,000 969,000
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:        
Rents and other receivables     (862,000) (3,381,000)
Prepaid expenses and other     (4,771,000) (12,280,000)
Accounts payable and accrued liabilities     931,000 (1,574,000)
Net cash provided by operating activities     32,319,000 26,169,000
INVESTING ACTIVITIES        
Expenditures for real estate improvements     (19,612,000) (29,815,000)
Net proceeds from sales of real estate     104,497,000 5,013,000
Contributions to unconsolidated joint venture     (3,193,000)  
Net cash provided by (used in) investing activities     81,692,000 (24,802,000)
FINANCING ACTIVITIES        
Repayments under revolving credit facility     (188,000,000) (83,100,000)
Advances under revolving credit facility     79,000,000 98,000,000
Repayment of term note     (100,000,000)  
Termination payment related to interest rate swap     (503,000)  
Mortgage proceeds     114,000,000  
Mortgage repayments     (825,000) (797,000)
Payments of debt financing costs     (3,261,000) (305,000)
Noncontrolling interests:        
Distributions to limited partners     (15,000) (37,000)
Redemption of OP units     (8,000)  
Common stock sales less issuance expenses, net     4,000 11,000
Preferred stock dividends     (8,064,000) (8,064,000)
Distributions to common shareholders     (3,015,000) (6,254,000)
Net cash used in financing activities     (110,687,000) (546,000)
Net increase in cash, cash equivalents and restricted cash     3,324,000 821,000
Cash, cash equivalents and restricted cash at beginning of period     1,637,000 2,747,000
Cash, cash equivalents and restricted cash at end of period 4,961,000 3,568,000 4,961,000 3,568,000
Reconciliation to consolidated balance sheets:        
Cash and cash equivalents 4,731,000 3,568,000 4,731,000 3,568,000
Restricted cash 230,000   230,000  
Cash, cash equivalents and restricted cash at end of period $ 4,961,000 $ 3,568,000 $ 4,961,000 $ 3,568,000