Brixmor Property Group Inc. BRX Cash Flow

Brixmor property group inc. (BRX)

CashFlow / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12
Operating activities:
Net income
-	-	-	-	-	-	-	-160,713
Net income
274,773	366,284	300,369	278,142	197,536	132,851	-118,883	-160,713
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
332,431	352,245	375,028	387,302	417,935	442,236	450,279	510,435
(Accretion) amortization of debt premium and discount, net
966	-2,572	-5,323	-12,436	-18,065	-20,413	-20,973	-25,314
Deferred financing cost amortization
7,063	6,601	6,971	7,708	8,302	8,691	10,831	10,272
Accretion of above- and below-market leases, net
-18,824	-26,566	-29,634	-37,730	-47,757	-45,536	-51,379	-50,881
Impairment of real estate assets
24,402	53,295	40,104	5,154	1,005	0	46,653	13,913
Gain on sale of real estate assets
54,767	209,168	68,847	35,613	11,744	17,369	5,615	5,870
Gain (loss) on disposal of investments in unconsolidated joint ventures
0	0	4,556	0	0	-	-	-
Equity based compensation
12,661	9,378	10,477	11,569	23,331	9,452	36,395	-687
Other
-3,600	-3,424	-2,511	-1,121	-358	325	1,165	-6,420
(Gain) loss on extinguishment of debt, net
-1,620	-37,096	498	-832	5,306	245	-16,498	0
Changes in operating assets and liabilities:
Restricted cash
-	-	-	-	-	-16,920	-5,562	8,144
Receivables, net
26,999	12,312	26,458	-1,566	-1,829	5,347	17,055	11,793
Deferred charges and prepaid expenses
30,702	40,575	53,316	33,819	40,460	29,413	22,826	24,422
Other assets
179	-3,735	3,575	644	43	-409	-2,901	2,692
Accounts payable, accrued expenses and other liabilities
-2,627	-824	-8,695	5,667	2,923	12,701	-767	-18,323
Net cash provided by operating activities
528,672	541,689	551,948	567,485	523,998	479,210	331,990	268,847
Investing activities:
Improvements to and investments in real estate assets
395,095	268,689	202,873	192,428	189,934	214,678	150,461	177,213
Acquisitions of real estate assets
79,634	17,447	190,487	46,833	52,208	0	6,377	6,000
Proceeds from sales of real estate assets
290,153	957,955	330,757	102,904	54,236	6,835	58,994	50,609
Contributions to unconsolidated joint venture
-	-	-	2,846	0	-	-	-
Proceeds from sale of unconsolidated joint venture interest
0	0	12,369	0	0	-	-	-
Distributions from unconsolidated joint ventures
-	-	-	-	-	454	593	1,640
Contributions to unconsolidated joint ventures
-	-	-	-	-	0	25	1,496
Change in restricted cash attributable to investing activities
-	-	-	-	-	-4,483	-8,108	-16,266
Purchase of marketable securities
37,781	33,096	28,263	46,325	24,278	23,123	12,737	22,116
Proceeds from sale of marketable securities
50,293	30,880	25,623	43,647	21,441	25,197	15,538	19,608
Net cash used in investing activities
-172,064	669,603	-52,874	-141,881	-190,743	-200,832	-86,367	-118,702
Financing activities:
Repayment of secured debt obligations
0	895,717	409,575	914,471	1,122,118	1,086,241	2,702,931	530,342
Proceeds from debt obligations
-	-	-	-	-	-	57,000	360,000
Repayment of borrowings under unsecured revolving credit facility
586,000	194,000	603,000	840,000	1,118,475	720,047	914,108	0
Proceeds from borrowings under unsecured revolving credit facility
287,000	500,000	481,000	546,000	1,015,000	1,119,343	2,534,286	0
Proceeds from unsecured term loans and notes
771,623	250,000	1,193,916	1,094,648	1,195,821	600,000	0	0
Repayment of borrowings under unsecured term loans
500,000	435,000	815,000	0	0	-	-	-
Deferred financing and debt extinguishment costs
7,294	56,598	11,142	17,657	10,834	2,995	27,529	7,256
Proceeds from issuance of common stock
-	-	-	-	-	-	893,860	0
Redemption of preferred stock
-	-	-	-	-	-	1,250	0
Distributions to common stockholders
334,895	333,411	317,389	295,205	268,281	173,147	47,442	19,209
Distributions to non-controlling interests
0	0	1,390	3,736	26,314	68,611	26,692	7,846
Repurchases of common shares
14,563	104,700	5,872	0	0	0	0	-
Repurchases of common shares in conjunction with equity award plans
1,721	1,878	2,714	3,304	823	-	-	-
Net cash provided by (used in) financing activities
-385,850	-1,271,304	-491,166	-433,725	-336,024	-331,698	-234,806	-204,653
Net change in cash, cash equivalents and restricted cash
-29,242	-60,012	7,908	-8,121	-2,769	-53,320	10,817	-54,508
Supplemental disclosure of cash flow information:
Cash paid for interest, net of amount capitalized of $1,063 and $626
178,890	212,889	223,198	228,378	244,067	282,639	342,950	388,320
Capitalized interest
-	-	-	-	-	-	-	1,661
State and local taxes paid
2,134	2,180	2,199	2,067	2,278	1,889	2,013	2,754
Net carrying value of properties distributed to non-controlling owners
-	-	-	-	-	178,969	0	0
Assumed mortgage debt through acquisition
-	-	-	-	7,000	0	0	-
Fair value of Operating Partnership units issued for acquisition of real estate assets
-	-	-	-	-	-	317,556	0
Brixmor Operating Partnership LP
Net income
274,773	366,284	300,369	278,142	-	-	-	-
Depreciation and amortization
332,431	352,245	375,028	387,302	-	-	-	-
(Accretion) amortization of debt premium and discount, net
966	-2,572	-5,323	-12,436	-	-	-	-
Deferred financing cost amortization
7,063	6,601	6,971	7,708	-	-	-	-
Accretion of above- and below-market leases, net
-18,824	-26,566	-29,634	-37,730	-	-	-	-
Impairment of real estate assets
24,402	53,295	40,104	5,154	-	-	-	-
Gain on sale of real estate assets
54,767	209,168	68,847	35,613	-	-	-	-
Gain (loss) on disposal of investments in unconsolidated joint ventures
0	0	4,556	0	-	-	-	-
Equity based compensation
12,661	9,378	10,477	11,569	-	-	-	-
Other
-3,600	-3,424	-2,511	-1,121	-	-	-	-
(Gain) loss on extinguishment of debt, net
-1,620	-37,096	498	-832	-	-	-	-
Receivables, net
26,999	12,312	26,458	-1,566	-	-	-	-
Deferred charges and prepaid expenses
30,702	40,575	53,316	33,819	-	-	-	-
Other assets
179	-3,735	3,575	644	-	-	-	-
Accounts payable, accrued expenses and other liabilities
-2,627	-824	-8,695	5,667	-	-	-	-
Net cash provided by operating activities
528,672	541,689	551,948	567,485	-	-	-	-
Improvements to and investments in real estate assets
395,095	268,689	202,873	192,428	-	-	-	-
Acquisitions of real estate assets
79,634	17,447	190,487	46,833	-	-	-	-
Proceeds from sales of real estate assets
290,153	957,955	330,757	102,904	-	-	-	-
Contributions to unconsolidated joint venture
-	-	-	2,846	-	-	-	-
Proceeds from sale of unconsolidated joint venture interest
0	0	12,369	0	-	-	-	-
Purchase of marketable securities
38,002	33,094	28,261	46,317	-	-	-	-
Proceeds from sale of marketable securities
50,293	30,880	25,623	43,647	-	-	-	-
Net cash used in investing activities
-172,285	669,605	-52,872	-141,873	-	-	-	-
Repayment of secured debt obligations
0	895,717	409,575	914,471	-	-	-	-
Repayment of borrowings under unsecured revolving credit facility
586,000	194,000	603,000	840,000	-	-	-	-
Proceeds from borrowings under unsecured revolving credit facility
287,000	500,000	481,000	546,000	-	-	-	-
Proceeds from unsecured term loans and notes
771,623	250,000	1,193,916	1,094,648	-	-	-	-
Repayment of borrowings under unsecured term loans
500,000	435,000	815,000	0	-	-	-	-
Deferred financing and debt extinguishment costs
7,294	56,598	11,142	17,657	-	-	-	-
Partner distributions and repurchases of OP Units
350,848	440,087	327,363	302,265	-	-	-	-
Net cash provided by (used in) financing activities
-385,519	-1,271,402	-491,164	-433,745	-	-	-	-
Net change in cash, cash equivalents and restricted cash
-29,132	-60,108	7,912	-8,133	-	-	-	-
Cash paid for interest, net of amount capitalized of $1,063 and $626
-	212,889	223,198	228,378	-	-	-	-
State and local taxes paid
-	2,180	2,199	2,067	-	-	-	-