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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
 Net income $ 986 $ 41,156
 Adjustments to reconcile net income to net cash provided by operating activities:    
 Depreciation, depletion and amortization 5,890 5,951
 Deferred income taxes 133 9,273
 Equity in loss of joint ventures 3,370 2,753
 Gain on remeasurement of invest in real estate partnership 0 (51,139)
 Gain on sale of equipment and property (733) (835)
 Stock-based compensation 1,026 854
 Net changes in operating assets and liabilities:    
  Accounts receivable (630) 554
  Deferred costs and other assets (1,294) 280
  Accounts payable and accrued liabilities (1,468) 819
  Income taxes payable and receivable 1,501 940
  Other long-term liabilities 26 357
 Net cash provided by operating activities 8,807 10,963
Cash flows from investing activities:    
 Investments in properties (17,411) (6,845)
 Investments in joint ventures (4,261) (4,768)
 Return of capital from investments in joint ventures 6,677 17,119
 Proceeds from sales of investments available for sale 4,317 42,502
 Cash at consolidation of real estate partnership 0 3,704
 Proceeds from the sale of assets 741 878
 Cash held in escrow (13) (152)
Net cash (used in) provided by investing activities (9,950) 52,438
Cash flows from financing activities:    
 Proceeds from long-term debt 0 92,070
 Repayment of long-term debt 0 (90,000)
 Debt issue costs 0 (704)
 Distribution to noncontrolling interest (1,349) (527)
 Repurchase of company stock 0 (264)
 Exercise of employee stock options 233 269
Net cash (used in) provided by financing activities (1,116) 844
Net increase (decrease) in cash and cash equivalents (2,259) 64,245
Cash and cash equivalents at beginning of year 161,521 73,909
Cash and cash equivalents at end of the period 159,262 138,154
Supplemental disclosure of cash flow information:    
  Interest 1,475 1,370
  Income taxes $ (1,734) $ 7