Brt apartments corp. (BRT)
CashFlow / TTM
Dec'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'11Dec'10
Cash flows from operating activities:
Net income

1,693

10,895

3,747

3,369

32,836

25,728

40,649

41,480

11,528

35,628

29,586

40,690

80,233

45,158

45,172

34,380

-851

-1,605

-12,322

-12,817

-15,942

-16,166

-7,510

-3,667

520

2,089

-689

-1,320

-4,093

1,550

2,139

5,647

9,066

4,924

0

0

0

Adjustments to reconcile net income to net cash provided by operating activities:
Recovery of previously provided allowances

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,066

0

0

0

-

-

-

-

-

-

-

-

Recovery of previously provided allowances

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

Depreciation

5,916

14,540

14,536

14,184

13,711

12,167

19,659

26,144

32,842

30,491

27,192

24,306

23,126

23,180

24,527

25,408

24,400

22,957

21,718

20,498

18,797

17,535

14,587

12,515

10,676

8,713

6,832

5,869

4,172

2,753

2,178

1,106

990

963

0

0

0

Amortization of deferred financing fees

311

236

235

206

192

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of deferred financing costs

-

-

-

-

1,618

1,432

1,022

1,056

1,205

1,263

0

0

0

-

-

-

-

-

-

-

-

393

891

1,326

1,711

1,820

0

0

0

-

-

-

-

-

-

-

-

Accretion of junior subordinated notes principal

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Amortization of securities discount

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

28

0

0

0

Amortization of deferred fee income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

Amortization of restricted stock

1,492

1,433

1,076

1,063

996

988

1,129

1,122

1,210

1,219

1,379

1,297

1,099

1,005

919

880

930

906

881

855

831

805

780

755

678

691

695

697

741

758

783

810

847

845

0

0

0

Gain on sale of real estate assets from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

792

0

0

0

-

-

-

-

Gain on sale of available-for-sale securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

605

0

0

0

-

-

-

-

Loss (gain) on sale of available-for-sale securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Gain on sale of loan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,192

0

0

0

-

-

-

-

Equity in loss of unconsolidated joint ventures

-8,826

-6,801

-6,038

-6,386

-4,065

-3,965

-2,415

-156

-409

-384

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

1,107

1,073

965

829

60

100

226

350

0

0

0

Equity in earnings on sale of real estate of unconsolidated ventures

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of real estate

-

-

-

-

861

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of partnership interests

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of real estate assets

-

-

-

-

861

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of real estate

-

-

-

-

71,919

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on insurance recovery

-

-

-

-

-6,083

-4,498

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on extinguishment of debt

-

-

-

-207

-207

-257

-921

-921

-921

-1,463

-2,678

-2,678

-5,346

-4,547

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Distributions from equity earnings of unconsolidated joint ventures

-

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

175

0

0

0

-

-

-

-

-

-

-

-

Increases and decreases from changes in other assets and liabilities:
Distribution of earnings of unconsolidated joint ventures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

Increase in straight-line rent

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

534

569

705

539

402

264

-24

-24

-24

-33

0

0

0

-

-

-

-

Decrease (increase) in straight line rent

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Decrease in interest receivable

-

-

-

-

-

-

-

-

-

-

0

0

18

-

2,211

2,040

0

-17

-16

-174

-198

-273

-604

-849

-319

-183

-92

630

113

-174

8

43

100

410

0

0

0

Decrease in deferred costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

519

-7,041

-6,372

79

308

0

0

0

-

-

-

-

Increase in deferred costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

0

Decrease (increase) in deposits and escrows

-1,975

-3,612

-2,755

-2,579

-7,442

-8,461

0

0

0

-

0

0

0

-

0

0

2,549

-

656

1,419

1,672

6,199

5,743

5,204

6,765

3,995

859

782

2,854

3,436

4,004

2,291

-237

-153

0

0

0

Increase in prepaid expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

593

1,568

924

548

603

930

522

440

653

379

850

266

-89

698

59

-240

0

0

0

Increase in prepaid interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

850

1,380

1,016

-907

-1,388

-1,990

-2,463

0

0

0

-

-

-

-

-

-

-

-

Increase in accounts payable and accrued liabilities

3,766

2,872

1,764

-996

-2,641

-1,745

1,032

4,353

-1,086

698

2,088

-676

5,206

4,897

2,534

-2,598

1,417

1,739

2,516

9,833

5,587

7,416

5,637

3,404

2,644

1,460

1,508

4,780

3,415

2,835

1,968

-3,866

-53

375

0

0

0

Decrease (increase) in other assets

3,610

376

716

37

-1,781

-499

-3,221

-3,089

-3,493

-3,413

2,181

2,635

1,440

1,309

2,214

1,910

3,995

0

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

34

205

96

-74

229

63

137

353

0

-82

-204

-127

0

0

0

Net cash provided by operating activities

8,648

10,740

8,285

5,604

25,573

26,298

34,414

30,211

13,684

13,091

9,586

12,148

15,971

10,080

3,300

2,624

2,668

8,407

6,684

10,680

3,759

-4,835

-368

-709

-467

766

651

238

-7,556

-7,484

-4,874

-6,769

2,073

1,442

0

0

0

Cash flows from investing activities:
Collections from real estate loans

600

600

600

600

600

600

600

700

550

14,000

13,850

13,600

13,600

0

0

0

0

2,000

2,000

17,318

20,801

34,045

73,449

86,941

83,459

76,872

78,515

61,917

81,733

124,758

102,523

116,406

110,104

66,072

0

0

0

Additions to real estate loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,533

8,002

12,782

32,573

70,288

80,181

95,546

115,968

98,607

105,057

108,496

128,449

131,255

0

0

0

Proceeds from the sale of loans and loan participations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

46,147

0

0

0

Loan loss recoveries

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,066

1,159

568

571

156

0

0

0

-

-

-

-

Additions to real estate properties

-

-

-

-

199,786

187,940

208,887

293,675

244,929

228,354

310,139

263,060

312,590

302,628

262,817

173,666

83,891

84,295

26,077

108,677

134,477

205,220

238,970

228,173

209,573

185,453

247,514

178,617

174,990

118,382

0

0

0

-

-

-

0

Net costs capitalized to real estate owned

1,580

4,262

4,067

3,686

3,371

1,888

3,812

5,553

7,937

9,298

17,694

27,030

34,417

46,844

50,034

49,344

57,578

59,407

60,370

63,165

55,052

43,130

35,803

32,573

30,374

33,860

0

0

0

-

-

-

-

-

-

-

-

Distributions of capital from unconsolidated joint ventures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

Net change in restricted cash

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

Net change in restricted cash - Multi Family

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

Collection of loan fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

180

280

370

775

1,520

0

0

0

-

-

-

-

-

-

-

-

Purchase of non-controlling interest

-

-

-

-

3,694

250

0

0

0

-

-

-

-

-

-

-

-

4,679

4,679

3,886

3,886

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from the sale of real estate owned

-

-

-

-

861

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net proceeds from the sale of real estate properties

-

-

-

-

239,212

169,115

207,057

207,057

60,944

167,013

159,511

231,309

324,514

197,264

223,194

151,395

67,007

66,398

0

0

0

-

-

-

-

887

0

0

0

-

-

-

-

-

-

-

-

Purchase of available-for-sale securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,634

1,634

1,634

1,030

55

0

0

0

Distributions from unconsolidated joint ventures

20,713

12,229

11,742

10,703

34,550

34,594

31,712

28,445

663

424

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition of real estate through assumption of debt

-

-

-

-

-

-

-

-

-

27,638

27,638

27,638

27,638

16,051

44,007

44,007

44,007

45,129

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Real estate property reclassified to assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

Real estate properties reclassified to assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Decrease in accounts payable and accrued liabilities

3,766

6,515

5,407

2,647

1,002

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contributions to unconsolidated joint ventures

-

41,989

37,268

39,407

59,930

0

0

0

-

21,894

14,394

14,394

14,335

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of interest from non-controlling partner

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Net cash (used in) provided by investing activities

22,936

51,986

19,371

16,574

20,400

-32,880

-34,481

-160,591

-197,736

-76,877

-167,979

-56,668

-4,750

-135,783

-70,703

-54,301

-70,457

-67,388

-75,607

-148,674

-170,423

-219,324

-187,450

-161,416

-158,399

-179,444

-188,863

-155,266

-259,139

-136,614

-108,045

-81,181

35,688

-13,736

0

0

0

Cash flows from financing activities:
Proceeds from mortgages payable

-

-

-

-

129,542

116,972

130,822

193,754

170,273

155,172

223,518

211,624

256,626

267,788

238,803

170,885

110,097

98,907

67,053

114,781

118,497

170,767

175,647

176,244

163,558

147,957

0

0

0

-

-

-

-

-

-

-

-

Increase in other borrowed funds

-

-

-

-

-

-

-

-

-

-

-

-

-

6,001

6,001

6,001

14,001

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in mortgages payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

Mortgage payoffs

20,635

77,215

56,580

56,580

56,580

9,290

26,397

26,397

27,195

96,322

94,403

146,085

202,894

130,090

143,933

94,491

42,533

37,504

7,480

5,703

239

0

1,417

3,778

3,886

4,025

7,832

5,315

8,055

7,641

3,478

3,238

274

270

0

0

0

Mortgage principal payments

2,912

2,874

2,828

2,593

2,351

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Mortgage principal payments

-

-

-

-

5,168

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Mortgage amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in deferred financing costs

84

325

325

242

242

380

427

2,235

2,663

2,574

3,086

1,460

1,520

2,491

3,006

3,043

2,674

3,758

3,111

3,613

4,243

2,641

2,602

2,827

2,238

2,052

0

0

0

-

-

-

-

-

-

-

-

Dividends paid

13,468

13,021

12,662

12,414

12,089

11,463

8,312

5,380

2,524

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contributions from non-controlling interests

-

-

-

-

29,453

32,553

35,415

47,831

32,355

31,606

39,718

29,047

33,868

33,613

33,193

22,645

15,212

11,973

2,690

10,850

17,054

22,062

28,362

23,505

19,598

17,192

0

0

0

-

-

-

-

3,181

0

0

0

Distributions to non-controlling interests

1,257

16,290

15,218

15,189

15,145

4,391

13,854

15,242

16,346

33,756

29,971

34,644

52,243

32,825

35,698

30,234

14,246

12,588

4,625

4,701

3,472

3,318

3,031

2,665

1,469

1,370

0

0

0

-

-

-

-

68

0

0

0

Proceeds from sale of New Market Tax Credits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from the sale of common stock

-

-

-

-

20,412

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repurchase of shares of common stock

-

-

-

-

161

41

22

146

184

193

228

578

2,124

2,115

2,058

1,584

0

2,422

2,422

2,422

2,422

0

0

0

0

-

-

-

-

880

927

926

814

1,225

0

0

0

Net cash provided by (used in) financing activities

-30,885

-67,723

-32,541

-30,375

-28,363

20,857

14,925

116,538

148,431

48,770

130,461

52,875

18,631

137,546

88,944

68,458

78,146

51,356

55,670

111,381

128,740

190,435

196,959

190,479

175,563

157,702

165,905

134,568

222,719

178,318

129,165

103,344

1,777

-2,178

0

0

0

Net increase in cash, cash equivalents and restricted cash

699

-4,997

-4,885

-8,197

17,610

14,275

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (decrease) increase in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-15,016

-27,932

8,355

29,852

11,843

21,541

16,781

10,357

-7,625

-13,253

-26,613

-37,924

-33,724

9,141

28,354

16,697

-20,976

-22,307

-20,460

-43,976

34,220

16,246

15,394

39,538

-14,472

0

0

0

Supplemental disclosures of cash flow information:
Cash paid during the year for interest expense

7,511

14,679

14,456

13,884

13,373

11,915

18,093

23,556

28,368

27,135

26,964

26,035

26,831

27,680

26,158

26,275

25,272

24,324

22,162

23,284

21,815

19,700

18,968

14,730

12,595

10,753

0

0

0

-

-

-

-

-

-

-

-

Cash paid during the period for interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

Cash paid during the year for income and excise taxes

324

83

185

251

255

241

124

145

1,909

1,884

2,531

2,506

1,253

1,264

632

646

128

131

177

118

258

255

257

211

141

133

0

0

0

-

-

-

-

-

-

-

-

Collection of loan fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

Proceeds from sale of real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

Proceeds from sale of available-for-sale securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,939

3,546

3,815

7,506

7,590

0

0

0