| 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 | ||||||||||||
-206,000 | -212,000 | -244,000 | -245,000 | -274,000 | -262,000 | 45,000 | 71,000 | 135,322 | 152,000 | 0 | 0 | 0 |
Adjustments to reconcile net loss to net cash provided by operating activities: | ||||||||||||
Depreciation, Depletion and Amortization | ||||||||||||
- | - | - | - | - | 160,000 | 157,000 | 155,000 | 151,996 | 148,000 | 0 | 0 | 0 |
Depreciation and amortization | ||||||||||||
0 | - | - | - | 0 | - | - | - | - | - | - | - | 0 |
Amortization of deferred costs and other assets | ||||||||||||
0 | - | 0 | 0 | 0 | - | 0 | 0 | 0 | - | - | - | - |
Amortization of intangible assets | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 0 |
Gain (loss) related to casualty disasters | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 0 | 0 |
Asset Impairment Charges | ||||||||||||
0 | - | - | - | 0 | - | - | - | - | - | - | - | - |
Gain Loss Related To Real Estate Casualties | ||||||||||||
4,000 | 2,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Gain on sales of real estate | ||||||||||||
55,000 | 32,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Amortization of leasehold interests | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 0 |
Amortization of deferred costs | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 0 | 0 |
(Gain) loss on sale or retirement of assets | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 0 |
Equity-based compensation expense | ||||||||||||
11,000 | 11,000 | 11,000 | 11,000 | 10,000 | 11,000 | 13,000 | 14,000 | 15,061 | 16,000 | 0 | 0 | 0 |
Deferred tax (benefit) expense | ||||||||||||
- | - | - | - | - | - | - | - | 116,651 | 112,000 | 0 | 0 | 0 |
Other, net | ||||||||||||
- | - | - | - | - | - | - | - | 0 | - | - | - | - |
Provision for doubtful accounts | ||||||||||||
- | - | - | - | - | - | - | - | - | 2,000 | 0 | 0 | 0 |
Changes in assets and liabilities: | ||||||||||||
Accounts receivable | ||||||||||||
3,000 | 9,000 | 2,000 | 7,000 | -7,000 | -9,000 | -15,000 | -13,000 | 214 | -2,000 | 0 | 0 | 0 |
Other assets | ||||||||||||
0 | -9,000 | -7,000 | -7,000 | 1,000 | 11,000 | 33,000 | 35,000 | 30,817 | 31,000 | 0 | 0 | 0 |
Accounts payable and accrued expenses | ||||||||||||
5,000 | 2,000 | 26,000 | 38,000 | 27,000 | 14,000 | 0 | 0 | 0 | - | - | - | - |
Other non-current assets | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 0 |
Accounts payable | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 0 |
Accrued payroll and employee benefits | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 0 |
Accrued real estate taxes | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 0 |
Accrued expenses and other liabilities | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 0 |
Other liabilities | ||||||||||||
3,000 | 6,000 | 0 | 0 | 0 | - | - | - | - | 2,000 | 0 | 0 | 0 |
Net cash provided by operating activities | ||||||||||||
91,000 | 116,000 | 137,000 | 150,000 | 133,000 | 111,000 | 91,000 | 114,000 | 164,979 | 182,000 | 0 | 0 | 0 |
Cash flows from investing activities: | ||||||||||||
Capital expenditures, primarily investments in existing real estate | ||||||||||||
61,000 | 74,000 | 90,000 | 120,000 | 149,000 | 167,000 | 198,000 | 207,000 | 211,822 | 218,000 | 0 | 0 | 0 |
Lender and other escrows | ||||||||||||
0 | - | - | - | 0 | - | - | - | - | - | - | - | - |
Insurance proceeds related to real estate casualties | ||||||||||||
11,000 | 11,000 | 22,000 | 27,000 | 23,000 | 25,000 | 17,000 | 8,000 | 5,443 | 6,000 | 0 | 0 | 0 |
Proceeds from sales of real estate | ||||||||||||
0 | - | - | - | 0 | - | - | - | - | - | - | - | - |
Proceeds from sale of real estate | ||||||||||||
- | - | - | - | - | 6,000 | 0 | 0 | 0 | - | - | - | - |
Proceeds from sale of assets | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 0 | 0 |
Net cash provided by (used in) investing activities | ||||||||||||
199,000 | 103,000 | 13,000 | -72,000 | -139,000 | -156,000 | -186,000 | -200,000 | -193,390 | -181,000 | 0 | 0 | 0 |
Cash flows from financing activities: | ||||||||||||
Proceeds from debt | ||||||||||||
0 | - | - | - | 0 | - | - | - | - | - | - | - | - |
Repayment of debt | ||||||||||||
160,000 | 114,000 | 62,000 | 44,000 | 1,030,000 | 1,030,000 | 1,035,000 | 1,014,000 | 17,621 | 18,000 | 0 | 0 | 0 |
Payment of property insurance financing | ||||||||||||
13,000 | 11,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Dividends on common stock | ||||||||||||
45,000 | 46,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Distributions to noncontrolling interests | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 0 |
Purchase of common stock | ||||||||||||
25,000 | 31,000 | 0 | 0 | 0 | - | - | - | - | 3,000 | 0 | 0 | 0 |
Net cash provided by (used in) financing activities | ||||||||||||
-117,000 | -186,000 | -150,000 | -116,000 | -46,000 | -28,000 | -21,000 | 4,000 | -20,488 | -21,000 | 0 | 0 | 0 |
Increase (decrease) in cash and cash equivalents | ||||||||||||
173,000 | 33,000 | 0 | -38,000 | -52,000 | -73,000 | -116,000 | -82,000 | -48,899 | -20,000 | 0 | 0 | 0 |
SUPPLEMENTAL CASH FLOW INFORMATION: | ||||||||||||
Interest paid during the period | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 0 |
Income taxes paid during the period, net of refunds | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 0 |
SUPPLEMENTAL NON-CASH DISCLOSURE: | ||||||||||||
Capital expenditures included in accounts payable | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 0 |
Cash flow hedge adjustment, net of tax | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 0 |
Receivable for capital assets damaged by casualty disasters | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 0 |