BRT APARTMENTS CORP. BRT Cash Flow

Brt apartments corp. (BRT)

CashFlow / Quarterly

Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10
Cash flows from operating activities:
Net income
6,108	4,071	-4,273	-4,213	15,310	-3,077	-4,651	25,254	8,202	11,844	-3,820	-4,698	32,302	5,802	7,284	34,845	-2,773	5,816	-3,508	-386	-3,527	-4,901	-4,003	-3,511	-3,751	3,755	-160	676	-2,182	977	-791	-2,097	3,461	1,566	2,717	1,322	-681
Adjustments to reconcile net income to net cash provided by operating activities:
Recovery of previously provided allowances
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	44	600	0	422	-	-	-	-	-	-	-	-
Recovery of previously provided allowances
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9	3	7	-	-	-	-
Depreciation
1,568	1,373	1,428	1,547	10,192	1,369	1,076	1,074	8,648	8,861	7,561	7,772	6,297	5,562	4,675	6,592	6,351	6,909	5,556	5,584	4,908	5,670	4,336	3,883	3,646	2,722	2,264	2,044	1,683	841	1,301	347	264	266	229	231	237
Amortization of deferred financing fees
83	71	84	73	8	70	55	59	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of deferred financing costs
-	-	-	-	-178	2,562	-388	-378	-364	2,152	-354	-229	-306	-	-	-	-	-	-	-	-	5	91	73	224	503	526	458	333	-	-	-	-	-	-	-	-
Accretion of junior subordinated notes principal
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-127	-150
Amortization of securities discount
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	10	18
Amortization of deferred fee income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	547	497	320	-	690	252	243
Amortization of restricted stock
382	372	373	365	323	15	360	298	315	156	353	386	324	316	271	188	230	230	232	238	206	205	206	214	180	180	181	137	193	184	183	181	210	209	210	218	208
Gain on sale of real estate assets from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	302	0	490	-	-	-	-
Gain on sale of available-for-sale securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	185	96	342	-18	-	-	-	-
Loss (gain) on sale of available-for-sale securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	593	421
Gain on sale of loan
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	3,192	-	-	-	-
Equity in loss of unconsolidated joint ventures
-2,150	-2,390	-2,218	-2,068	-125	-1,627	-2,566	253	-25	-77	-307	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	54	68	61	924	20	-40	-75	155	60	86	49
Equity in earnings on sale of real estate of unconsolidated ventures
-	-	-	-	-	0	0	26,402	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of real estate
-	-	-	-	0	424	0	437	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of partnership interests
-	-	-	-	-	0	0	26,402	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of real estate assets
-	-	-	-	0	424	0	437	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of real estate
-	-	-	-	19,514	-	0	51,981	12,519	-	0	0	35,838	-	10,263	24,226	609	-	0	2,777	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on insurance recovery
-	-	-	-	-1,585	-1,271	0	-3,227	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on extinguishment of debt
-	-	-	0	-207	0	0	0	-257	-664	0	0	-799	-1,879	0	-2,668	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions from equity earnings of unconsolidated joint ventures
-	-	-	-	0	-	-	-	36	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	25	60	45	45	-	-	-	-	-	-	-	-
Increases and decreases from changes in other assets and liabilities:
Distribution of earnings of unconsolidated joint ventures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	170	232	123	-	55	50	45
Increase in straight-line rent
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-62	62	-	-	-	100	139	162	133	135	275	-4	-4	-3	-13	-4	-4	-12	-	-	-	-
Decrease (increase) in straight line rent
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	17	32
Decrease in interest receivable
-	-	-	-	-	-	-	-	-	-	-4	38	-2,362	-	172	2,040	0	-1	1	0	-17	0	-157	-24	-92	-331	-402	506	44	-240	320	-11	-243	-58	355	46	67
Decrease in deferred costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	63	26	278	152	-7,497	695	6,729	381	-	-	-	-
Increase in deferred costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-210	-46	13	-	-	-	84
Decrease (increase) in deposits and escrows
-1,553	-117	385	-690	-3,190	740	561	-5,553	-4,209	-	13,306	-5,183	-688	-	5,602	-4,645	1,610	-	1,147	-961	-2,324	2,794	1,910	-708	2,203	2,338	1,371	853	-567	-798	1,294	2,925	15	-230	-419	397	99
Increase in prepaid expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-851	639	864	-59	124	-5	488	-4	451	-413	406	209	177	58	-178	-146	964	-581	-477
Increase in prepaid interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-621	23	1,478	-30	-91	-341	-445	-511	-693	-814	-	-	-	-	-	-	-	-
Increase in accounts payable and accrued liabilities
-2,068	1,062	3,068	1,704	-2,962	-46	308	59	-2,066	2,731	3,629	-5,380	-282	4,121	865	502	-591	1,758	-4,267	4,517	-269	2,535	3,050	271	1,560	756	817	-489	376	804	4,089	-1,854	-204	-63	-1,745	1,959	224
Decrease (increase) in other assets
1,022	-121	791	1,918	-2,212	219	112	100	-930	-2,503	244	-304	-850	3,091	698	-1,499	-981	3,996	394	586	-4,976	-	774	734	0	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-8	-	-8	41	-44	45	163	-68	-214	348	-3	6	2	-5	-85	-116	79
Net cash provided by operating activities
5,584	1,026	1,722	316	7,676	-1,429	-959	20,285	8,401	6,687	-5,162	3,758	7,808	3,182	-2,600	7,581	1,917	-3,598	-3,276	7,625	7,656	-5,321	720	704	-938	-854	379	946	295	-969	-34	-6,848	367	1,641	-1,929	1,994	-264
Cash flows from investing activities:
Collections from real estate loans
150	150	150	150	150	150	150	150	150	150	250	0	13,600	0	0	0	0	0	0	0	2,000	0	15,318	3,483	15,244	39,404	28,810	1	8,657	41,047	12,212	19,817	51,682	18,812	26,095	13,515	7,650
Additions to real estate loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	0	429	5,103	2,470	4,780	20,220	42,818	12,363	20,145	40,642	25,457	18,813	23,584	60,595	28,263
Proceeds from the sale of loans and loan participations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	19,647	0	25,500	1,000
Loan loss recoveries
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	44	600	0	422	137	9	3	7	-	-	-	-
Additions to real estate properties
-	-	-	-	48,756	10,597	51,442	88,991	36,910	31,544	136,230	40,245	20,335	113,329	89,151	89,775	10,373	73,518	0	0	10,777	15,300	82,600	25,800	81,520	49,050	71,803	7,200	57,400	111,111	2,906	3,573	792	-	-	-	1,123
Net costs capitalized to real estate owned
411	308	471	390	3,093	113	90	75	1,610	2,037	1,831	2,459	2,971	10,433	11,167	9,846	15,398	13,623	10,477	18,080	17,227	14,586	13,272	9,967	5,305	7,259	10,042	7,768	8,791	-	-	-	-	-	-	-	-
Distributions of capital from unconsolidated joint ventures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,035	-	-	-	-
Net change in restricted cash
-	-	-	-	-	-	-	-	-	-	-828	-64	-700	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-9,010	-5,655	-	-	-	-	-	-	-	-
Net change in restricted cash - Multi Family
-	-	-	-	-	-	-	-	-	-	-828	-64	-700	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-9,010	-5,655	-	-	-	-	-	-	-	-
Collection of loan fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	48	132	100	90	453	877	-	-	-	-	-	-	-	-
Purchase of non-controlling interest
-	-	-	-	3,444	0	0	250	0	-	-	-	-	-	-	-	-	0	793	0	3,886	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from the sale of real estate owned
-	-	-	-	0	424	0	437	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds from the sale of real estate properties
-	-	-	-	91,887	424	0	146,901	21,790	38,366	0	788	127,859	30,864	71,798	93,993	609	56,794	-1	9,605	0	-	-	-	-	314	549	18	6	-	-	-	-	-	-	-	-
Purchase of available-for-sale securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	604	1,030	0	0	0	55
Distributions from unconsolidated joint ventures
8,679	3,511	4,422	4,101	195	3,024	3,383	27,948	239	142	116	166	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of real estate through assumption of debt
-	-	-	-	-	-	-	-	-	0	0	0	27,638	0	0	0	16,051	27,956	0	0	17,173	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Real estate property reclassified to assets held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	6,875	-	-	-	-	-	-	-	-
Real estate properties reclassified to assets held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	68,259	-6,748	6,748	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Decrease in accounts payable and accrued liabilities
-2,068	1,062	3,068	1,704	681	-46	308	59	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contributions to unconsolidated joint ventures
-	4,721	12,061	12,287	12,920	0	14,200	32,810	-	7,500	0	59	14,335	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of interest from non-controlling partner
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-713
Net cash (used in) provided by investing activities
7,889	31,433	-7,960	-8,426	36,939	-1,182	-10,757	-4,600	-16,341	-2,783	-136,867	-41,745	104,518	-93,885	-25,556	10,173	-26,515	-28,805	-9,154	-5,983	-23,446	-37,024	-82,221	-27,732	-72,347	-5,150	-56,187	-24,715	-93,392	-14,569	-22,590	-128,588	29,133	14,000	4,274	-11,719	-20,291
Cash flows from financing activities:
Proceeds from mortgages payable
-	-	-	-	37,040	9,978	28,049	54,475	24,470	23,828	90,981	30,994	9,369	92,174	79,087	75,996	20,531	63,189	11,169	15,208	9,341	31,335	58,897	18,924	61,611	36,215	59,494	6,238	46,010	-	-	-	-	-	-	-	-
Increase in other borrowed funds
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-8,000	14,001	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in mortgages payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-4,282	-	-1,125	-80	-56
Mortgage payoffs
0	20,635	0	0	56,580	0	0	0	9,290	17,107	0	798	78,417	15,188	51,682	57,607	5,613	29,031	2,240	5,649	584	-993	463	185	345	424	2,824	293	484	4,231	307	3,033	70	68	67	69	66
Mortgage principal payments
723	661	753	775	685	615	518	533	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mortgage principal payments
-	-	-	-	1,366	-	1,227	1,197	1,328	-	1,319	1,333	1,206	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mortgage amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,205	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in deferred financing costs
1	0	83	0	242	0	0	0	380	47	1,808	428	291	559	182	488	1,262	1,074	219	119	2,346	427	721	749	744	388	946	160	558	-	-	-	-	-	-	-	-
Dividends paid
3,597	3,510	3,180	3,181	3,150	3,151	2,932	2,856	2,524	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contributions from non-controlling interests
-	-	-	-	1,435	0	9,930	18,088	4,535	2,862	22,346	2,612	3,786	10,974	11,675	7,433	3,531	10,554	1,127	0	292	1,271	9,287	6,204	5,300	7,571	4,430	2,297	2,894	-	-	-	-	925	1,907	0	349
Distributions to non-controlling interests
37	1,134	40	46	15,070	62	11	2	4,316	9,525	1,399	1,106	21,726	5,740	6,072	18,705	2,308	8,613	608	2,717	650	650	684	1,488	496	363	318	292	397	-	-	-	-	2	0	14	52
Proceeds from sale of New Market Tax Credits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	2,746	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from the sale of common stock
-	-	-	-	1	8,485	10,525	1,401	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase of shares of common stock
-	-	-	-	120	41	0	0	0	22	124	38	9	57	474	1,584	0	0	0	0	2,422	0	0	0	0	-	-	-	-	0	1	112	767	47	0	0	1,178
Net cash provided by (used in) financing activities
-1,215	-30,566	4,898	-4,002	-38,053	4,616	7,064	-1,990	11,167	-1,316	108,677	29,903	-88,494	80,375	31,091	-4,341	30,421	31,773	10,605	5,347	3,631	36,087	66,316	22,706	65,326	42,611	59,836	7,790	47,465	50,814	28,499	95,941	3,064	1,661	2,678	-5,626	-891
Net increase in cash, cash equivalents and restricted cash
12,258	1,893	-1,340	-12,112	6,562	2,005	-4,652	13,695	3,227	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (decrease) increase in cash and cash equivalents
-	-	-	-	-	-	-	-	-	2,588	-33,352	-8,084	23,832	-10,328	2,935	13,413	5,823	-630	-1,825	6,989	-12,159	-6,258	-15,185	-4,322	-7,959	36,607	4,028	-15,979	-45,632	35,276	5,875	-39,495	32,564	17,302	5,023	-15,351	-21,446
Supplemental disclosures of cash flow information:
Cash paid during the year for interest expense
1,895	1,827	1,926	1,863	9,063	1,604	1,354	1,352	7,605	7,782	6,817	6,164	6,372	7,611	5,888	6,960	7,221	6,089	6,005	5,957	6,273	3,927	7,127	4,488	4,158	3,195	2,889	2,353	2,316	-	-	-	-	-	-	-	-
Cash paid during the period for interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	109	-	1,290	166	169
Cash paid during the year for income and excise taxes
280	0	34	10	39	102	100	14	25	-15	121	1,778	0	632	96	525	11	0	110	7	14	46	51	147	11	48	5	77	3	-	-	-	-	-	-	-	-
Collection of loan fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	625	-	496	1,063	520
Proceeds from sale of real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	336	9	507	-	656	3,312	53
Proceeds from sale of available-for-sale securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	717	709	1,957	556	324	978	5,648	640