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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Statement of Cash Flows [Abstract]    
Net (loss) income $ (2,147) $ 862
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:    
Depreciation 3,633 2,630
Cost of real estate sold 8,146 1,931
Gain on sale of assets 0 (2,113)
Loss on interest rate derivative contracts 121 59
Loss on early extinguishment of debt 0 (16)
Amortization of debt issuance costs and stock-based compensation 538 296
(Decrease) increase in deposits (185) 108
Deferred income taxes 2,477 291
Purchases and development of real estate properties (6,222) (3,298)
Municipal utility district reimbursements applied to real estate under development 0 920
Increase in other assets (3,967) (928)
Decrease in accounts payable, accrued liabilities and other (6,828) (83)
Net cash (used in) provided by operating activities (4,434) 691
Cash flow from investing activities:    
Capital expenditures (2,328) (29,443)
Proceeds from sale of assets 0 3,170
Payments on master lease obligations (287) (306)
Purchase of noncontrolling interest in consolidated subsidiary 0 (4,589)
Net cash used in investing activities (2,615) (31,168)
Cash flow from financing activities:    
Borrowings from credit facility 12,500 12,086
Payments on credit facility (5,681) (12,911)
Borrowings from project loans 5,905 30,744
Payments on project and term loans (6,380) (4,006)
Cash dividend paid for stock-based awards (8) (17)
Stock-based awards net payments (91) (100)
Financing costs (81) (209)
Net cash provided by financing activities 6,164 25,587
Net decrease in cash, cash equivalents and restricted cash (885) (4,890)
Cash, cash equivalents and restricted cash at beginning of year 38,591 38,919
Cash, cash equivalents and restricted cash at end of period $ 37,706 $ 34,029