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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES        
Net increase (decrease) in net assets resulting from operations $ 1,196.2 $ (15.6) $ 2,632.7 $ (364.6)
Adjustments to reconcile net changes in net assets resulting from operations to net cash (used in) provided by operating activities:        
Net realized (gain) loss on investments 5.1 (16.7) (183.5) 482.1
Net change in unrealized (appreciation) depreciation on investments and loans payable (1,016.2) 195.5 (1,921.1) 428.0
Purchase of real estate properties     (128.9) (1,092.7)
Capital improvements on real estate properties     (203.3) (179.7)
Proceeds from sale of real estate properties     836.3 350.3
Purchases of long term investments     (591.4) (852.0)
Proceeds from long term investments     38.4 1,658.2
Purchases and originations of loans receivable     (256.4) (114.8)
Proceeds from sales of loans receivable     294.5 63.0
Proceeds from payoffs of loans receivable     82.5 20.0
(Increase) decrease in marketable securities     (1,022.2) 3,447.9
Net change in due to/from investment manager     5.9 7.3
Increase in payable for securities purchased     11.6 0.0
Decrease (increase) in other assets     38.4 (43.2)
Increase in other liabilities     10.1 18.3
NET CASH (USED IN) PROVIDED BY OPERATING ACTIVITIES     (356.4) 3,828.1
CASH FLOWS FROM FINANCING ACTIVITIES        
Proceeds from line of credit     0.0 540.0
Payments on line of credit     0.0 (699.0)
Mortgage loan proceeds received     39.7 0.0
Payments of mortgage loans     (96.9) (165.0)
Premiums 690.1 401.1 2,155.2 1,533.0
Annuity payments (11.8) (11.8) (35.5) (35.9)
Withdrawals and death benefits (509.4) (1,158.2) (1,715.9) (5,012.1)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES     346.6 (3,839.0)
NET DECREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH     (9.8) (10.9)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH        
Beginning of period cash, cash equivalents and restricted cash     61.1 40.4
Net decrease in cash, cash equivalents and restricted cash     (9.8) (10.9)
End of period cash, cash equivalents and restricted cash 51.3 29.5 51.3 29.5
SUPPLEMENTAL DISCLOSURES:        
Cash paid for interest     71.2 74.0
Mortgage loan assumed as part of real estate acquisition     0.0 289.6
Loan receivable converted to equity in real estate investment     0.0 (1.7)
Cash and cash equivalents 26.1 8.0 26.1 8.0
Restricted cash [1] 25.2 21.5 25.2 21.5
TOTAL CASH, CASH EQUIVALENTS AND RESTRICTED CASH $ 51.3 $ 29.5 $ 51.3 $ 29.5
[1] Restricted cash is included within other assets in the Consolidated Statements of Assets and Liabilities.