Alexanders inc (ALX)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
CASH FLOWS FROM OPERATING ACTIVITIES
Net income

46,782

60,075

55,612

54,122

60,409

32,844

40,756

46,052

49,142

80,509

84,281

85,018

86,125

86,477

88,394

85,530

81,104

76,907

71,496

71,016

70,503

67,925

65,554

61,686

57,997

56,915

658,108

663,632

669,731

674,993

78,781

81,701

82,658

81,046

0

0

0

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization, including amortization of debt issuance costs

36,599

36,515

36,577

37,037

38,021

38,499

40,955

41,087

39,708

38,681

35,757

34,727

35,969

36,374

36,612

36,591

34,601

33,671

32,806

32,104

32,065

31,919

31,698

31,611

31,472

31,395

31,410

33,053

34,679

36,363

37,960

37,802

37,642

37,086

0

0

0

Straight-lining of rental income

-3,703

-2,413

-2,285

-5,199

-5,124

-5,924

-6,663

-4,186

-4,672

-4,297

-3,976

-3,586

-3,461

-2,347

-1,452

-435

911

1,418

1,909

2,199

2,448

2,538

2,590

2,779

3,399

3,707

3,673

4,021

3,955

4,475

6,472

8,191

10,335

12,609

0

0

0

Change in fair value of marketable securities

-20,190

-8,757

-12,686

-12,493

-6,782

-11,990

-5,561

-4,737

-5,170

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Liability related to discontinued operations (see Note 7)

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in operating assets and liabilities:
Tenant and other receivables, net

-331

2,017

1,993

1,705

2,291

1,382

-372

246

358

-363

1,070

257

-760

-958

161

-691

-116

1,801

385

927

693

-712

86

-18

355

972

-969

465

-487

-234

904

-588

-1,405

-1,672

0

0

0

Other assets

4,494

-21,553

4,862

-5,534

1,415

1,197

-23,204

-14,779

2,200

2,627

1,015

1,973

2,311

9,894

13,896

15,120

10,394

4,777

3,958

5,934

2,716

4,334

4,781

4,869

202

472

-9,985

-11,481

-3,114

-4,318

5,962

7,777

4,068

5,484

0

0

0

Amounts due to Vornado

-518

789

4,149

2,836

581

-1,907

-115

-119

201

1,626

-296

-625

52

-1,913

379

705

-61

2,228

-43,753

-42,045

-41,993

-42,779

147

-2,394

-3,131

-3,138

-3,272

-3,107

-2,572

-2,405

-3,514

-2,836

-3,672

-2,445

0

0

0

Accounts payable and accrued expenses

649

-1,800

2,450

-14,624

987

-11,760

-53

-16

-1,858

211

-868

13,043

2,589

16,049

2,641

4,675

1,460

822

468

73

-400

-1,373

-3,872

-3,633

-1,884

-6,284

-2,867

-4,629

-2,628

-107

-2,921

-1,415

-5,858

-4,547

0

0

0

Income tax liability of taxable REIT subsidiary

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Other liabilities

-614

-609

-460

-10,415

21

133

132

10,232

-60

-28

-27

-27

-28

-28

-30

-31

-31

-31

-29

-29

-23

-19

-15

-15

-44

-42

74

83

113

114

79

70

63

56

0

0

0

Net cash provided by operating activities

103,022

126,070

106,838

90,871

84,816

73,538

117,869

121,086

118,608

123,426

121,132

133,886

127,067

130,820

115,841

113,926

106,484

106,201

55,336

52,239

54,269

49,487

86,029

79,813

80,642

73,883

91,294

96,793

99,641

109,707

97,267

97,647

95,585

92,514

0

0

0

CASH FLOWS FROM INVESTING ACTIVITIES
Construction in progress and real estate additions

14,594

9,449

8,018

7,078

5,154

3,966

2,793

3,018

2,434

3,434

5,220

6,565

8,281

15,506

21,643

31,911

44,066

50,121

63,926

77,958

75,428

61,964

41,697

17,814

7,848

7,671

6,780

5,442

5,909

7,351

10,691

11,504

10,947

14,415

0

0

0

Proceeds from maturing short-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,000

5,000

5,000

5,000

23,000

0

0

0

Repayment of Rego Park II loan participation

-

-

-

-

-

2,829

3,038

2,982

2,216

1,463

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

20

-1,101

-919

-5,442

-5,720

-3,377

-3,942

-351

1,285

-660

1,675

1,626

1,153

1,474

-1,286

3,202

0

0

0

Net cash used in investing activities

-14,594

-9,449

-7,489

-5,768

-3,078

-1,137

245

-200,036

-200,218

-201,971

-204,495

-6,565

-8,281

-15,506

-21,475

-32,027

-19,055

-25,123

-63,946

-76,857

-99,507

-81,520

-35,977

-14,437

-3,906

-7,320

705,989

709,272

706,470

710,077

-6,844

-12,978

-9,661

383

0

0

0

CASH FLOWS FROM FINANCING ACTIVITIES
Dividends paid

92,130

92,124

92,118

92,112

92,106

92,100

90,815

89,531

88,246

86,961

85,677

84,391

83,107

81,822

79,259

76,696

74,133

71,571

70,286

69,003

67,719

66,436

63,877

61,316

58,757

56,197

684,478

689,582

694,687

699,791

72,779

68,944

65,110

61,277

0

0

0

Debt issuance costs

94

15

0

0

0

-

-

-

-

12,186

11,986

11,976

23

30

20

4,081

4,082

4,075

4,081

2

41

4,255

4,247

4,265

4,228

87

85

85

87

400

2,273

2,107

6,525

6,142

0

0

0

Debt repayments

-

-

-

-

-

160,142

160,413

160,340

303,777

303,707

303,639

303,572

3,505

3,440

3,376

323,313

323,253

323,193

323,133

3,076

3,018

317,179

320,505

323,739

326,931

15,957

265,730

265,504

265,281

265,016

359,598

358,789

508,368

508,479

0

0

0

Proceeds from borrowing

145,708

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

300,000

300,000

300,000

300,000

0

0

0

0

-

-

-

-

-

-

-

-

Net cash used in financing activities

53,484

-92,139

-94,819

-95,864

-175,220

-176,185

-173,381

-171,990

95,800

97,146

98,698

100,061

-86,635

-85,292

-82,655

-54,090

-51,468

-48,839

-47,500

-72,081

-70,778

-87,870

-88,629

-89,320

-89,916

-72,241

-958,093

-962,971

-967,855

-973,007

-91,650

-86,840

12,397

16,502

0

0

0

Net increase (decrease) in cash and cash equivalents and restricted cash

141,912

24,482

4,530

-10,761

-93,482

-103,784

-55,267

-250,940

14,190

18,601

15,335

227,382

32,151

30,022

11,711

27,809

35,961

32,239

-56,110

-96,699

-116,016

-119,903

-38,577

-23,944

-13,180

-5,678

-160,810

-156,906

-161,744

-153,223

-1,227

-2,171

98,321

109,399

0

0

0

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
Cash payments for interest

33,509

34,669

37,401

38,556

38,840

38,231

35,364

33,018

29,964

26,994

24,406

21,779

20,227

19,517

18,758

19,332

20,810

22,354

24,659

25,936

26,585

30,656

34,488

38,252

41,940

42,121

43,569

45,072

46,146

47,932

48,873

48,794

52,576

53,343

0

0

0

NON-CASH TRANSACTIONS
Liability for real estate additions, including $146 and $24 for development fees due to Vornado in 2020 and 2019, respectively

5,571

3,191

828

1,213

432

631

617

799

1,541

705

-607

-964

-1,417

322

-2,067

-4,122

-1,647

10,139

12,492

20,341

25,496

13,529

13,922

7,650

2,231

1,084

641

1,156

-982

221

301

2,010

1,264

3,052

0

0

0

Write-off of fully amortized and/or depreciated assets

367

0

2,299

2,348

4,867

16,090

13,791

13,742

15,488

4,265

4,265

4,365

1,679

1,691

12,877

22,294

20,715

20,786

9,657

140

140

10,626

10,569

10,569

10,569

0

0

24

24

648

937

913

5,920

6,799

0

0

0

Lease liability arising from the recognition of right-of-use asset

0

5,428

5,428

5,428

5,428

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Reclassification of prepaid real estate taxes to construction in progress for property in redevelopment

0

1,466

1,466

1,466

1,466

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in unrealized net gain on available-for-sale securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-