COLONY CAPITAL, INC. CLNY Cash Flow

Colony capital, inc. (CLNY)

CashFlow / TTM

Mar'20	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
Cash Flows from Operating Activities
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
-522,817	-148,915	-1,488,338	-939,910	-498,172	-495,175	-382,064	-292,061	-143,961	-64,613	254,626	253,941	251,885	290,726	0	0	0
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Amortization of discount and net origination fees on loans receivable and debt securities
14,770	19,602	17,225	18,596	20,625	23,194	25,701	37,154	44,872	55,059	58,499	50,104	43,065	27,038	0	0	0
Paid-in-kind interest added to loan principal, net of interest received
73,902	62,464	55,488	46,821	41,702	38,408	24,189	25,463	24,066	25,152	21,447	21,341	27,981	29,844	0	0	0
Straight-line rents
17,281	20,741	20,470	27,078	27,106	29,330	29,154	31,299	32,511	32,664	28,585	21,551	16,878	12,617	0	0	0
Amortization of above- and below-market lease values, net
-19,676	-19,813	-12,096	-12,090	-8,580	-6,862	-13,091	-11,225	-15,266	-15,319	-6,624	-4,867	-900	2,045	0	0	0
Amortization of deferred financing costs and debt discount and premium
99,203	103,537	82,104	87,124	86,431	89,639	93,259	90,210	85,785	83,719	69,404	58,135	43,713	28,936	0	0	0
Equity method earnings
-28,640	-87,444	-174,447	-242,717	16,782	10,560	0	0	0	-	-	-	-	-	-	-	-
Earnings from investments in unconsolidated ventures
-	-	-	-	-	-	-	-	-	-	0	0	210,938	-	0	0	0
Distributions of income from equity method investments
136,990	143,417	100,748	99,815	83,611	79,995	79,140	73,150	75,871	72,197	67,123	76,900	92,258	79,361	0	0	0
Provision for loan loss
32,269	35,880	51,748	42,340	41,270	43,034	33,967	31,258	18,392	19,741	30,500	31,953	37,099	35,005	0	0	0
Allowance for doubtful accounts
2,808	6,793	5,880	9,175	29,944	26,860	0	0	0	-	-	-	-	-	-	-	-
Impairment of real estate and related intangibles and right-of-use assets
641,089	358,443	576,710	475,308	460,447	588,223	358,736	306,312	266,277	104,360	51,609	28,477	1,119	11,717	0	0	0
Goodwill impairment
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
582,956	596,262	621,381	595,344	578,498	572,406	592,465	609,849	625,064	617,779	495,631	376,530	262,960	171,682	0	0	0
Equity-based compensation
41,159	39,573	36,804	35,239	36,370	41,876	73,248	105,897	134,414	154,429	114,616	76,894	42,403	13,638	0	0	0
Unrealized settlement loss
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of contingent consideration—Internalization (Note 12)
-	-	-	-	-	-1,730	-7,990	-14,080	-27,680	-20,600	-12,440	-10,900	-5,361	-11,740	0	0	0
Gain on sales of real estate, net
1,476,439	1,520,808	142,789	165,010	201,088	167,231	136,935	174,356	146,844	135,262	100,095	38,705	29,359	73,616	0	0	0
Cash and restricted cash contributed to CLNC (Note 6)
-	-	-	-	-	141,153	141,153	141,153	141,153	0	0	0	0	-	-	-	-
Payment of cash collateral on derivative
0	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	-
Payments of cash collateral on derivative, net of cash received
-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-
Deferred income tax benefit
-17,900	-9,602	-20,248	-24,002	-28,805	-69,430	-167,908	-178,100	-176,353	-138,459	0	0	0	-	-	-	-
Other loss, net
-150,840	-190,638	-263,872	-189,648	-63,077	49,976	108,272	63,683	-3,830	-45,360	-21,631	-6,719	22,446	0	0	0	0
(Increase) decrease in due from affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Increase in other assets and due from affiliates
26,759	23,937	6,723	3,912	24,965	40,123	70,501	85,444	24,310	66,287	50,856	42,929	60,075	-2,053	0	0	0
Decrease in accrued and other liabilities and due to affiliates
-24,217	19,985	41,515	9,551	-8,478	-470	36,586	40,795	-33,786	-11,169	-21,508	-35,710	42,911	45,365	0	0	0
Increase (decrease) in due to affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Other adjustments, net
-7,822	-8,111	-6,690	-7,707	-5,495	-2,579	-1,964	4,759	5,052	4,094	1,562	-3,675	-3,831	-8,307	0	0	0
Net cash provided by (used in) operating activities
44,563	170,868	348,256	434,736	473,649	506,965	569,768	612,376	658,378	582,546	510,530	393,738	348,753	405,172	0	0	0
Cash Flows from Investing Activities
Contributions to and acquisition of equity investments
272,859	247,357	560,144	475,485	553,092	548,163	0	0	0	-	-	-	-	-	-	-	-
Contributions to investments in unconsolidated ventures
-	-	-	-	-	-	-	-	-	-	441,317	405,804	227,928	226,665	0	0	0
Return of capital from equity method investments
235,245	224,169	349,049	321,564	291,525	433,144	319,907	354,518	358,742	225,477	200,636	178,494	119,913	113,491	0	0	0
Acquisition of loans receivable and debt securities
320	771	5,362	22,541	36,691	104,247	0	0	0	-	-	-	-	-	-	-	-
Acquisition of loans receivable and securities
-	-	-	-	-	-	-	-	-	-	657,367	749,297	737,774	199,638	0	0	0
Cash and restricted cash assumed in Merger, net of payments for merger-related liabilities
-	-	-	-	-	-	-	-	-	-132,377	-132,377	-132,377	-132,377	0	0	0	0
Net disbursements on originated loans
210,880	168,960	137,769	269,824	328,271	317,952	384,093	309,316	294,784	392,790	340,563	403,623	422,225	385,702	0	0	0
Repayments of loans receivable
189,904	229,970	259,371	312,814	192,474	143,360	421,222	671,206	780,582	831,074	793,379	751,427	765,587	732,393	0	0	0
Proceeds from sales of loans receivable and debt securities
52,876	66,249	133,142	128,794	148,103	225,607	134,681	103,649	149,629	117,540	173,922	285,524	204,688	220,900	0	0	0
Acquisition of and additions to real estate, related intangibles and leasing commissions
728,838	1,918,317	2,399,632	2,397,354	2,380,837	1,349,467	878,752	1,075,915	1,386,317	1,325,122	1,322,460	1,064,068	556,484	501,221	0	0	0
Cash receipts in excess of accretion on purchased credit-impaired loans
22,521	31,128	42,658	125,219	146,373	159,229	252,701	301,196	303,730	357,423	298,822	183,969	194,475	140,057	0	0	0
Proceeds from Sale of Real Estate Held-for-investment
5,940,227	6,108,153	939,023	878,442	1,046,452	864,347	852,316	1,062,765	816,527	1,607,806	1,386,731	1,139,569	1,126,069	390,943	0	0	0
Proceeds from sales of securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Proceeds from paydown and maturity of debt securities
9,490	11,205	10,920	22,625	30,254	43,625	63,044	77,806	98,327	112,939	91,780	62,171	31,321	0	0	0	0
Proceeds from sale of equity investments
-	-	-	-	-	-	0	0	318,586	-	553,327	500,504	239,081	0	0	0	0
Proceeds from sale of equity investments
377,230	165,657	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Investment deposits
4,227	14,928	-48,049	40,343	46,225	34,314	93,119	-32,426	-6,280	480	70,627	114,823	76,836	67,693	0	0	0
Return of borrower escrow deposits
-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-
Increase in restricted cash related to investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Net receipts on settlement of derivatives
-30,085	-46,466	-41,998	-33,691	-22,465	15,954	22,749	25,337	31,922	11,800	0	0	0	-	-	-	-
Acquisition of business
-	-	-	-	-	-	-	-	-	-	23,111	23,111	23,111	0	0	0	0
Other investing activities, net
-6,888	-22,806	-17,565	-22,550	-15,173	-415	-26,052	-11,339	-15,350	-12,935	12,514	-1,828	3,195	1,619	0	0	0
Net cash provided by (used in) investing activities
5,290,810	4,198,938	-1,287,862	-1,189,760	-1,052,922	-268,213	871,697	1,295,322	832,359	1,666,387	908,651	494,911	775,854	215,457	0	0	0
Cash Flows from Financing Activities
Dividends paid to preferred stockholders
105,196	108,548	108,548	110,768	115,018	120,702	123,793	123,470	129,852	130,182	112,047	95,106	69,430	48,372	0	0	0
Dividends paid to common stockholders
214,380	214,149	214,505	214,803	217,245	310,519	404,764	499,834	578,132	482,156	379,412	275,906	187,000	181,172	0	0	0
Repurchase of common stock
24,749	10,734	34,848	34,848	143,603	343,143	394,594	451,221	454,442	300,177	224,612	167,985	56,009	0	0	0	0
Borrowings from corporate credit facility
1,410,200	810,200	740,200	399,000	452,000	685,000	946,000	886,000	816,000	1,041,000	969,000	1,028,000	1,000,000	694,000	0	0	0
Repayment of borrowings from corporate credit facility
-	-	-	-	-	735,000	946,000	957,000	716,000	1,413,600	1,329,100	1,385,500	1,303,600	586,400	0	0	0
Borrowings from secured debt
3,502,725	4,664,450	3,880,757	4,385,023	2,870,248	1,791,021	2,556,222	2,351,048	4,161,759	4,573,099	3,533,830	3,395,237	1,347,074	1,072,556	0	0	0
Repayments of secured debt
5,358,928	5,745,509	3,063,628	3,683,121	2,344,778	1,985,990	3,002,001	2,867,281	4,295,543	4,733,640	4,007,466	3,741,910	1,952,046	1,601,423	0	0	0
Change in escrow deposits related to financing arrangements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Settlement of call spread option
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Costs associated with contributions from noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Payment of deferred financing costs
65,642	82,202	65,334	75,239	40,218	28,630	51,468	49,681	91,742	96,069	69,557	63,011	21,605	22,464	0	0	0
Contributions from noncontrolling interests
418,756	578,706	869,130	1,061,443	1,158,651	1,019,888	794,136	677,005	604,915	1,173,432	1,388,225	1,627,581	1,451,457	819,033	0	0	0
Distributions to and redemptions of noncontrolling interests
2,786,416	2,847,830	591,188	626,048	547,172	518,864	712,029	837,302	793,879	970,615	809,906	714,480	712,315	627,629	0	0	0
Redemption of preferred stock
0	-	-	-	0	-	-	-	-	-	-	-	-	19,998	0	0	0
Reissuance of preferred stock to an equity method investee
-	-	-	-	-	-	-	-	-	-	-	-	-	19,998	0	0	0
Shares canceled for tax withholdings on vested stock awards
5,689	3,627	5,554	5,160	5,458	34,203	32,050	32,482	32,919	5,837	0	0	0	-	-	-	-
Other financing activities, net
-9,005	-10,143	-3,748	-4,937	-3,570	-2,432	5,166	-1,590	-1,546	-1,411	-1,348	2,691	2,997	0	0	0	0
Net cash provided by financing activities
-4,451,379	-3,779,586	846,734	573,808	307,007	-788,404	-1,899,053	-1,933,834	-1,529,606	-1,364,381	-755,548	-397,917	-514,527	-491,251	0	0	0
Effect of exchange rates on cash, cash equivalents and restricted cash
-706	1,748	-11,095	-6,253	-17,566	-11,538	-5,998	-1,641	15,287	11,482	5,616	3,893	-5,280	-4,554	0	0	0
Net increase (decrease) in cash, cash equivalents and restricted cash
883,288	591,968	-103,967	-187,469	-289,832	-561,190	-463,586	-27,777	-23,582	896,034	669,249	494,625	604,800	124,824	0	0	0
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid for interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Cash paid for income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
SUPPLEMENTAL DISCLOSURE OF NONCASH INVESTING AND FINANCING ACTIVITIES:
Assets acquired in Merger (Note 3)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Liabilities assumed in Merger (Note 3)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Noncontrolling interests assumed in Merger (Note 3)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Debt assumed by buyer of real estate reported as discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Net assets acquired in CPI restructuring (Note 3)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Investment deposits applied to acquisition of loans receivable, real estate and CPI Group
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Loan payoff and real estate sale proceeds held in escrow (Note 10)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Redemption of OP Units for cash in accrued and other liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Redemption of OP Units for common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Payment of fees and expenses related to contributions from noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Foreclosure of collateral assets underlying loans receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0