| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||||||
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ||||||||||||
-21,000 | -154,000 | -12,000 | -19,000 | -27,000 | -186,000 | -13,000 | -48,000 | -15,000 | 121,000 | 13,000 | 16,322 | 1,678 |
Adjustments to reconcile net loss to net cash provided by operating activities: | ||||||||||||
Depreciation, Depletion and Amortization | ||||||||||||
- | - | - | - | - | 41,000 | 40,000 | 39,000 | 40,000 | 38,000 | 38,000 | 35,996 | 36,004 |
Depreciation and amortization | ||||||||||||
40,000 | - | - | - | 46,000 | - | - | - | - | - | - | - | 76 |
Amortization of deferred costs and other assets | ||||||||||||
5,000 | - | 5,000 | 7,000 | 4,000 | - | 3,000 | 2,000 | 3,000 | - | - | - | - |
Amortization of intangible assets | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 167 |
Gain (loss) related to casualty disasters | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 1,072 | 1,928 |
Asset Impairment Charges | ||||||||||||
2,000 | - | - | - | 0 | - | - | - | - | - | - | - | - |
Gain Loss Related To Real Estate Casualties | ||||||||||||
2,000 | -3,000 | 1,000 | 4,000 | 0 | - | - | - | - | - | - | - | - |
Gain on sales of real estate | ||||||||||||
23,000 | 16,000 | 14,000 | 2,000 | 0 | - | - | - | - | - | - | - | - |
Amortization of leasehold interests | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | -131 |
Amortization of deferred costs | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 1,529 | 1,471 |
(Gain) loss on sale or retirement of assets | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | -138 |
Equity-based compensation expense | ||||||||||||
2,000 | 2,000 | 3,000 | 4,000 | 2,000 | 2,000 | 3,000 | 3,000 | 3,000 | 4,000 | 4,000 | 4,061 | 3,939 |
Deferred tax (benefit) expense | ||||||||||||
- | - | - | - | - | - | - | - | 2,000 | 128,000 | -8,000 | -5,349 | -2,651 |
Other, net | ||||||||||||
- | - | - | - | - | - | - | - | -2,000 | - | - | - | - |
Provision for doubtful accounts | ||||||||||||
- | - | - | - | - | - | - | - | - | 0 | 1,000 | 397 | 603 |
Changes in assets and liabilities: | ||||||||||||
Accounts receivable | ||||||||||||
-2,000 | 3,000 | -1,000 | 3,000 | 4,000 | -4,000 | 4,000 | -11,000 | 2,000 | -10,000 | 6,000 | 2,214 | -214 |
Other assets | ||||||||||||
2,000 | -2,000 | -3,000 | 3,000 | -7,000 | 0 | -3,000 | 11,000 | 3,000 | 22,000 | -1,000 | 6,817 | 3,183 |
Accounts payable and accrued expenses | ||||||||||||
2,000 | -4,000 | 0 | 7,000 | -1,000 | 20,000 | 12,000 | -4,000 | -14,000 | - | - | - | - |
Other non-current assets | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 562 |
Accounts payable | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | -6,925 |
Accrued payroll and employee benefits | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | -5,562 |
Accrued real estate taxes | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | -8,423 |
Accrued expenses and other liabilities | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 3,445 |
Other liabilities | ||||||||||||
0 | 2,000 | 1,000 | 0 | 3,000 | - | - | - | - | -4,000 | 1,000 | 3,651 | 1,349 |
Net cash provided by operating activities | ||||||||||||
5,000 | 22,000 | 33,000 | 31,000 | 30,000 | 43,000 | 46,000 | 14,000 | 8,000 | 23,000 | 69,000 | 64,979 | 25,021 |
Cash flows from investing activities: | ||||||||||||
Capital expenditures, primarily investments in existing real estate | ||||||||||||
9,000 | 13,000 | 14,000 | 25,000 | 22,000 | 29,000 | 44,000 | 54,000 | 40,000 | 60,000 | 53,000 | 58,822 | 46,178 |
Lender and other escrows | ||||||||||||
2,000 | - | - | - | 0 | - | - | - | - | - | - | - | - |
Insurance proceeds related to real estate casualties | ||||||||||||
2,000 | -2,000 | 4,000 | 7,000 | 2,000 | 9,000 | 9,000 | 3,000 | 4,000 | 1,000 | 0 | 443 | 4,557 |
Proceeds from sales of real estate | ||||||||||||
90,000 | - | - | - | 5,000 | - | - | - | - | - | - | - | - |
Proceeds from sale of real estate | ||||||||||||
- | - | - | - | - | 0 | 2,000 | 0 | 4,000 | - | - | - | - |
Proceeds from sale of assets | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | -11 | 22,011 |
Net cash provided by (used in) investing activities | ||||||||||||
81,000 | 65,000 | 52,000 | 1,000 | -15,000 | -25,000 | -33,000 | -66,000 | -32,000 | -55,000 | -47,000 | -59,390 | -19,610 |
Cash flows from financing activities: | ||||||||||||
Proceeds from debt | ||||||||||||
110,000 | - | - | - | 0 | - | - | - | - | - | - | - | - |
Repayment of debt | ||||||||||||
50,000 | 52,000 | 43,000 | 15,000 | 4,000 | 0 | 25,000 | 1,001,000 | 4,000 | 5,000 | 4,000 | 4,621 | 4,379 |
Payment of property insurance financing | ||||||||||||
2,000 | 3,000 | 3,000 | 5,000 | 0 | - | - | - | - | - | - | - | - |
Dividends on common stock | ||||||||||||
11,000 | 11,000 | 12,000 | 11,000 | 12,000 | - | - | - | - | - | - | - | - |
Distributions to noncontrolling interests | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 117 |
Purchase of common stock | ||||||||||||
0 | 1,000 | 4,000 | 20,000 | 6,000 | - | - | - | - | 2,000 | 0 | 984 | 16 |
Net cash provided by (used in) financing activities | ||||||||||||
47,000 | -50,000 | -63,000 | -51,000 | -22,000 | -14,000 | -29,000 | 19,000 | -4,000 | -7,000 | -4,000 | -5,488 | -4,512 |
Increase (decrease) in cash and cash equivalents | ||||||||||||
133,000 | 37,000 | 22,000 | -19,000 | -7,000 | 4,000 | -16,000 | -33,000 | -28,000 | -39,000 | 18,000 | 101 | 899 |
SUPPLEMENTAL CASH FLOW INFORMATION: | ||||||||||||
Interest paid during the period | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 19,713 |
Income taxes paid during the period, net of refunds | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 261 |
SUPPLEMENTAL NON-CASH DISCLOSURE: | ||||||||||||
Capital expenditures included in accounts payable | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 11,758 |
Cash flow hedge adjustment, net of tax | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 1,778 |
Receivable for capital assets damaged by casualty disasters | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 2,725 |