Cedar realty trust, inc. (CDR)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
OPERATING ACTIVITIES
Net (loss) income

1,566

4,358

19,653

8,764

21,781

28,691

14,202

34,015

-108,514

-44,184

-17,011

Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Gain on extinguishment of debt obligations

-

-

-

-

-

1,423

10,452

-

-

-

-

Impairment (reversals)/charges - discontinued operations

-

-

-

-

-

-

-

-

-

-

3,559

Gain on sales

2,942

4,864

7,099

59

-

14,376

609

5,676

1,014

170

1,078

Acquisition transaction costs and terminated projects

-

-

-

-

-

-

-

-

1,436

1,302

3,094

Impairment charges

8,938

20,689

9,538

6,347

-365

-3,101

2,877

5,783

95,606

42,020

23,636

Early extinguishment of debt costs

-

4,829

210

2,623

-

-

-

-

-

-

-

Straight-line rents and expenses, net

265

1,142

864

38

506

761

1,481

997

1,611

1,854

2,874

Provision for doubtful accounts

412

2,273

1,715

1,198

1,463

1,985

1,572

2,826

3,270

3,952

3,859

Depreciation and amortization

45,861

40,053

40,115

40,787

38,594

38,700

45,663

44,674

48,606

46,464

55,391

Amortization of intangible lease liabilities, net

2,827

4,361

2,518

2,751

3,125

4,322

-4,446

-5,364

-6,524

-9,154

-13,522

Expense relating to share-based compensation, net

4,117

3,763

3,552

2,930

3,168

3,531

3,701

3,561

4,503

2,979

2,433

Amortization of premium on mortgage loan payable

-

80

130

236

-

-

-

-

-

-

-

Amortization of deferred financing costs

1,286

1,224

1,325

1,524

1,611

2,158

2,162

4,875

4,138

8,109

3,648

Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:
Equity in income of unconsolidated joint ventures

-

-

-

-

-

-

-

1,481

1,671

484

1,098

Distributions from unconsolidated joint ventures

-

-

-

-

-

-

-

1,481

1,399

819

921

Gain on exit from unconsolidated joint ventures

-

-

-

-

-

-

-

30,526

-7,961

-

-

Rents and other receivables

812

3,902

3,467

942

1,346

2,989

1,606

307

3,374

4,561

6,414

Prepaid expenses and other

3,037

6,591

4,600

1,829

1,929

2,460

2,696

195

2,535

2,029

5,168

Accounts payable and accrued liabilities

1,378

1,651

-337

929

-210

-950

607

-2,307

-2,578

-1,507

2,566

Net cash provided by operating activities

53,675

57,900

57,093

59,247

59,136

50,885

49,494

50,362

39,098

41,702

51,942

INVESTING ACTIVITIES
Acquisition of real estate

9,083

179

32,442

31,923

42,991

38,861

32,818

-

51,512

13,375

-

Expenditures for real estate improvements

31,910

30,377

25,561

-

-

-

-

-

-

-

-

Expenditures for real estate improvements

-

-

-

15,484

12,698

16,254

20,288

31,271

40,492

16,780

108,300

Net proceeds from sales of real estate

18,651

19,118

12,506

96,170

5,891

102,124

34,713

34,858

30,586

2,661

6,752

Issuance of mortgage note receivable

-

3,500

-

-

-

-

-

-

-

-

-

Repayment of note receivable

-

-

-

-

-

-

1,100

-

-

-

-

Net proceeds from exit from unconsolidated joint venture

-

-

-

-

-

-

-

41,551

-

-

-

Net proceeds from transfers to unconsolidated joint venture

-

-

-

-

-

-

-

-

3,545

31,013

32,089

Investments in and advances to unconsolidated joint ventures

-

-

-

-

-

-

-

-

4,300

51,441

350

Distributions of capital from unconsolidated joint venture

-

-

-

-

-

-

-

2,846

4,315

21,502

-

Construction escrows and other

-

-

-

-

-1,922

-2,107

-2,221

-2,356

6,235

3,414

217

Net cash (used in) / provided by investing activities

-22,342

-14,938

-45,497

48,763

-47,876

49,116

-15,072

50,340

-64,093

-29,834

-70,026

FINANCING ACTIVITIES
Repayments under revolving credit facility

21,000

123,500

185,500

197,000

186,400

231,500

105,000

437,439

-

-

-

Advances under revolving credit facility

27,000

168,500

168,500

191,000

192,400

150,000

177,500

352,122

-

-125,088

-46,805

Advance under term loan

-

75,000

-

100,000

100,000

150,000

50,000

75,000

-

-

-

Net advances/(repayments) under revolving credit facility

-

-

-

-

-

-

-

-

33,720

-

-

Mortgage borrowing

-

-

-

50,000

-

-

-

-

-

-

-

Repayment under term loan

-

-

-

-

-

-

75,000

-

-

-

-

Proceeds from mortgage financings

-

-

-

-

-

-

-

30,000

45,791

26,984

60,950

Mortgage repayments

1,027

80,330

10,294

218,403

114,828

177,094

77,069

79,637

17,404

20,944

18,203

Payment of early extinguishment of debt costs

-

5,159

-

2,487

-

-

-

-

-

-

-

Payments of debt financing costs

-

705

2,502

1,355

2,879

1,312

1,893

4,944

1,068

2,025

9,973

Noncontrolling interests:
Termination payment related to interest rate swaps

-

-

-

-

-

-

-

-

-

5,476

-

Purchase of joint venture minority interest share

-

-

-

-

11,216

-

665

6,148

-

-

-

Contribution from consolidated joint venture minority interests

-

-

-

-

-

-

-

-

269

-

12,212

Distributions of consolidated joint venture minority interests

-

-

-

-

-

960

1,552

4,182

3,301

3,566

3,905

Distributions to limited partners

111

90

70

71

78

86

52

99

508

654

227

Redemption of OP Units

43

7

24

8

7

437

170

-

-

-3,443

-

Net proceeds from sales of common stock

-

-

-

-

-

-

-

-

-

141,248

40,890

Net proceeds from sale of preferred stock

-

-

120,432

-

-

-

59,849

124,370

-

-

-

Redemptions of preferred stock

-

50,016

112,510

-

-

-

34,992

124,937

-

-

-

Common stock sales less issuance expenses, net

22

9

43,166

-142

41,741

41,163

-64

172

4,305

-

-

Common stock repurchases

6,844

2,329

-

-

-

-

-

-

-

-

-

Exercise of warrant

-

-

-

-

-

-

-

-

-

10,000

-

Preferred stock dividends

10,752

11,276

13,656

14,408

14,408

14,408

14,429

14,782

14,200

9,457

7,876

Distributions to common shareholders

17,808

18,301

17,681

17,049

17,001

15,841

14,434

14,402

24,705

22,445

5,046

Proceeds from standby equity advance not settled

-

-

-

-

-

-

-

-

-

-

5,000

Net cash provided by / (used in) financing activities

-30,563

-48,204

-10,139

-109,923

-12,676

-100,475

-37,971

-105,250

22,899

-14,866

27,017

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

770

-5,242

1,457

-1,913

-1,416

-474

-3,549

-4,548

-2,096

-2,998

8,933