Saul centers inc. (BFS)
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

63,948

64,196

64,664

66,039

65,189

63,059

62,038

59,720

58,241

60,668

60,556

58,894

57,720

56,720

56,429

56,938

56,624

52,931

51,156

50,404

57,958

57,988

57,852

56,880

44,155

34,842

34,129

32,025

33,858

39,780

37,134

33,730

31,282

30,294

0

0

0

Adjustments to reconcile net income to net cash provided by operating activities:
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net

-

-

-

-

-

-

-

-

-

-

-

-

-

-6

-7

-14

-11

-10

-16

-9

-14

-10

-120

-75

-19

-7

145

116

49

36

40

-194

-1,422

-1,332

0

0

0

Depreciation and amortization of deferred leasing costs

45,971

46,333

47,090

46,328

46,155

45,861

45,254

45,361

45,701

45,694

45,335

45,598

44,724

44,417

44,366

43,871

43,865

43,270

42,840

41,965

41,463

41,203

40,559

40,795

42,958

49,130

49,689

49,465

46,763

40,189

39,908

38,152

36,854

35,400

0

0

0

Amortization of deferred debt costs

1,507

1,518

1,516

1,523

1,524

1,610

1,573

1,547

1,517

1,392

1,383

1,372

1,356

1,343

1,342

1,342

1,403

1,433

1,452

1,467

1,359

1,327

1,292

1,246

1,276

1,257

1,329

1,300

1,481

1,576

1,582

1,688

1,581

1,547

0

0

0

Compensation costs of stock grants and options

1,867

1,859

1,833

1,811

1,736

1,766

1,757

1,756

1,800

1,672

1,670

1,666

1,631

1,603

1,580

1,552

1,471

1,434

1,399

1,414

1,291

1,240

1,187

1,108

1,211

1,145

1,085

968

956

952

944

971

944

948

0

0

0

Credit losses on operating lease receivables

1,118

1,226

1,141

812

637

685

834

785

849

906

889

1,228

1,405

1,494

841

1,071

1,101

915

1,481

1,030

723

680

708

729

907

968

1,130

1,107

1,063

1,151

1,016

1,443

1,720

1,883

0

0

0

Decrease in accounts receivable and accrued income

-491

-339

807

1,612

1,251

336

588

538

-37

1,643

3,408

3,388

4,306

3,525

2,894

2,504

2,021

5,216

5,378

4,062

4,397

3,320

3,089

3,043

3,828

3,669

3,992

3,914

4,127

3,240

5,005

4,124

3,443

5,291

0

0

0

Additions to deferred leasing costs

6,053

1,843

3,219

3,825

5,542

6,034

5,156

4,584

4,730

4,615

4,566

5,011

4,096

4,633

5,159

5,154

5,862

5,563

5,343

5,038

4,516

4,048

4,146

5,876

5,670

5,876

6,096

4,244

5,103

5,362

6,336

6,820

5,874

6,257

0

0

0

Decrease in prepaid expenses

-453

188

342

137

-21

-73

114

48

546

294

424

-163

246

399

470

229

-105

570

1,257

29

130

60

-567

-21

-675

152

1,099

259

835

54

524

151

563

844

0

0

0

Increase in other assets

-3,090

-894

-461

-4,627

-6,346

-3,681

-3,362

-500

759

-1,374

5,827

7,981

8,067

6,368

1,404

-264

-941

-1,544

-1,251

-6,248

50

694

-1,156

5,472

-1,100

-353

-651

-2,218

-9,708

-9,573

-9,596

-9,777

1,272

3,668

0

0

0

Increase in accounts payable, accrued expenses and other liabilities

-2,241

158

3,240

4,380

3,520

225

815

66

619

1,125

618

2,441

-196

921

541

-1,026

485

-937

-1,207

-1,021

-1,094

1,149

2,556

2,047

803

-3,286

-4,575

-4,728

-2,810

-930

-493

2,031

2,447

1,478

0

0

0

Decrease in deferred income

795

-455

-1,986

-543

1,636

-255

5,316

4,556

4,974

2,759

2,030

718

-410

1,476

658

2,158

1,088

344

1,234

96

716

2,838

1,404

135

1,757

1,115

742

4,681

1,814

447

1,972

-219

1,437

908

0

0

0

Net cash provided by operating activities

109,792

115,383

117,564

120,480

116,193

110,339

103,880

99,441

97,685

103,450

93,182

93,248

89,321

89,090

94,521

93,981

97,024

88,896

85,165

92,280

85,836

86,568

91,212

82,229

81,772

73,527

67,911

64,412

74,362

78,423

74,487

76,865

63,416

55,669

0

0

0

Cash flows from investing activities:
Acquisitions of real estate investments

-24

0

4,490

40,698

40,860

40,836

36,346

162

25

79,499

117,408

127,749

127,724

48,250

10,341

4,001

4,001

4,894

13,843

49,842

50,387

57,494

49,419

13,669

13,124

5,124

0

0

0

-

-

-

-

170,100

0

0

0

Additions to real estate investments

27,533

21,891

19,695

17,829

12,274

12,883

11,850

13,284

16,579

17,653

16,682

14,183

15,971

15,564

16,855

20,522

20,293

18,855

17,083

14,978

14,471

14,986

14,870

13,679

13,591

13,999

14,573

14,554

13,538

12,680

11,907

11,542

11,961

11,624

0

0

0

Additions to development and redevelopment projects

106,319

113,772

113,221

101,729

83,542

76,257

63,249

50,357

32,764

22,842

18,444

17,191

20,891

27,231

37,195

45,951

48,509

45,870

39,343

29,135

22,146

17,788

11,955

9,605

8,548

7,316

8,614

10,143

8,219

7,913

5,993

4,620

11,202

20,780

0

0

0

Net cash used in investing activities

-133,828

-135,663

-137,406

-160,256

-135,350

-128,650

-110,119

-55,789

-42,680

-113,306

-141,075

-154,352

-159,815

-86,274

-64,391

-70,474

-72,771

-69,587

-70,237

-93,923

-80,325

-83,589

-69,160

-29,869

-34,858

-26,034

-57,307

-50,977

-48,037

-46,873

-14,310

-183,658

-190,659

-201,500

0

0

0

Cash flows from financing activities:
Proceeds from notes payable

28,500

50,600

77,000

77,000

77,000

54,900

60,000

60,000

60,000

100,000

51,250

51,250

51,250

11,250

0

0

16,000

46,000

46,000

46,000

30,000

0

0

18,000

53,000

101,600

0

0

0

-

-

-

-

286,000

0

0

0

Repayments on notes payable

103,557

109,235

91,987

92,286

80,080

72,572

71,953

71,289

70,632

55,679

26,597

25,890

25,175

24,653

24,315

23,981

38,096

52,963

52,616

52,284

37,552

22,071

21,814

35,079

41,351

71,308

104,143

90,471

147,409

117,595

40,312

148,489

84,246

82,685

0

0

0

Proceeds from term loan facility

-

-

-

-

-

75,000

75,000

75,000

75,000

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments on construction loans payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Proceeds from revolving credit facility

173,500

152,500

47,000

88,000

87,000

102,000

110,000

66,000

58,000

63,000

101,500

114,500

111,500

78,500

37,000

27,000

22,000

20,000

64,000

83,000

88,000

90,000

41,000

30,000

35,000

142,000

0

0

0

-

-

-

-

-

-

-

-

Repayments on revolving credit facility

89,000

112,000

124,000

65,000

62,000

116,000

122,000

125,000

127,000

51,000

35,500

42,500

50,500

57,500

44,000

37,000

25,000

35,000

64,000

61,000

62,000

47,000

11,000

30,000

60,000

180,000

180,000

161,000

130,000

8,000

0

0

0

-

-

-

-

Proceeds from construction loan

85,513

86,868

92,190

72,063

38,549

23,332

2,949

79

579

1,437

3,248

8,523

16,418

24,937

36,921

45,449

45,817

39,817

29,554

17,531

8,768

5,391

0

0

0

-

-

-

-

-

-

-

-

-

-

0

0

Additions to deferred debt costs

646

1,010

1,172

441

1,052

3,233

3,007

5,510

4,876

2,583

2,194

410

410

125

-15

-39

113

296

289

296

1,447

1,264

3,040

3,268

2,320

3,219

1,467

1,375

3,063

2,199

2,719

3,041

1,089

1,445

0

0

0

Proceeds from the issuance of:
Common stock

23,478

25,039

30,263

35,830

32,677

30,503

26,784

21,486

23,081

22,751

18,969

18,055

21,958

21,564

22,379

20,221

13,541

15,583

14,644

15,621

18,193

15,596

14,546

17,768

18,708

22,292

29,751

28,970

28,426

27,784

23,625

28,305

27,209

27,101

0

0

0

Partnership units

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

Preferred stock redemption costs

-

-

-

-

-

12

13

13

13

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

9

0

0

0

-

-

-

-

-

-

-

-

Distributions to:
Preferred stockholders

-

-

-

-

-

-

-

-

-

-

-

-

12,375

12,375

12,375

12,375

12,375

12,375

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common stockholders

48,838

48,568

48,019

47,393

46,793

46,306

45,839

45,443

45,021

44,576

43,516

42,491

41,400

39,472

38,413

37,361

36,411

35,645

34,887

34,119

33,317

32,346

31,387

30,399

29,396

29,205

28,936

28,675

28,407

28,135

27,881

27,588

27,314

27,062

0

0

0

Noncontrolling interests

16,674

16,642

16,531

16,420

16,207

15,981

15,758

15,533

15,401

15,268

14,907

14,542

14,181

13,533

13,185

12,835

12,490

12,228

11,618

11,383

11,158

11,117

11,086

10,695

10,305

9,956

9,955

9,955

9,955

9,955

9,956

9,417

8,878

8,339

0

0

0

Net cash provided by (used in) financing activities

44,515

19,607

62,340

42,613

21,634

21,981

6,625

-49,622

-55,697

12,442

47,442

62,518

64,813

-4,497

-29,216

-24,240

-21,021

-21,434

-19,028

-8,472

-8,742

-8,148

-20,726

-43,476

-40,045

-42,329

-32,406

-37,741

-28,837

-31,740

-38,126

122,941

105,131

145,186

0

0

0

Net increase (decrease) in cash and cash equivalents

20,479

-673

42,498

2,837

2,477

3,670

386

-5,970

-692

2,586

-451

1,414

-5,681

-1,681

914

-733

3,232

-2,125

-4,100

-10,115

-3,231

-5,169

1,326

8,884

6,869

5,164

-21,802

-24,306

-2,512

-190

22,051

16,148

-22,112

-645

0

0

0

Supplemental disclosure of cash flow information:
Cash paid for interest

39,106

40,434

42,130

42,602

42,980

43,561

44,016

44,941

45,587

45,713

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase (decrease) in accrued real estate investments and development costs

-12,581

303

4,290

8,705

18,273

9,663

7,985

5,109

5,685

2,097

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Series D Cumulative Redeemable Preferred Stock
Preferred stock

-

-

-

-

-

72,369

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Preferred stockholders

4,592

4,592

4,592

4,592

4,312

3,164

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Series C Cumulative Preferred Stock
Series C preferred stock redemption

-

-

-

-

-

75,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Preferred stockholders

5,736

7,541

7,220

7,220

7,220

9,238

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Series E Cumulative Redeemable Preferred Stock
Preferred stockholders

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-