Capital senior living corp (CSU)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Operating Activities
Net loss

-36,030

-53,596

-44,168

-28,017

-

-

-

-

-

-

-

Net loss

-

-

-

-

-14,284

-24,126

-16,504

-3,119

3,025

4,254

2,759

Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization

64,190

62,824

66,199

60,398

53,017

49,487

43,238

35,130

18,299

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

-

14,030

13,251

Amortization of contract rights

-

-

-

-

-

-

-

-

-

-

11

Amortization of deferred financing charges

1,612

1,709

1,626

1,193

1,029

1,361

1,100

788

352

330

335

Amortization of deferred lease costs and lease intangibles, net

-

849

859

679

1,555

-

-

-

-

-

-

Amortization of lease incentives

-

2,074

1,336

710

134

-

-

-

-

-

-

Amortization of deferred lease costs and lease intangibles, net

-

-

-

-

-

1,230

1,164

753

1,710

1,005

371

Deferred income

-1,078

1,391

1,397

414

677

-

-

-

-

-

-

Deferred income

-

-

-

-

-

616

1,666

1,816

2,669

3,034

2,645

Deferred taxes

157

-2,245

1,941

-

-

-

10,793

-3,532

-2,493

4,221

3,125

Operating lease expense adjustment

5,243

-

-

-

-

-

-

-

-

-

-

Lease incentives

-

3,376

5,673

7,530

2,464

-

-

-

-

-

-

Loss on facility lease termination

-

-

12,858

-

-

-

-

-

-

-

-

Write-off of deferred loan costs and prepayment premiums

4,843

12,623

-

-

2,766

7,968

-

-

-

-

-

Joint venture equity investment valuation gain

-

-

-

-

-

1,519

-

-

-

-

-

Gain on settlement of debt

-

-

-

-

-

-

-

-

-

684

-

(Gain) Loss on disposition of assets, net

36,528

28

-123

-65

6,225

784

1,454

-19

171

0

-

Long-lived asset impairment

3,004

-

-

-

-

-

-

-

-

-

-

Equity in earnings of unconsolidated joint ventures, net

-

-

-

-

-

105

133

-217

-760

-331

107

Write-down of assets held for sale

-

-

-

-

-

561

-

-

-

-

-

Provision for bad debts

3,765

2,990

1,748

1,727

1,192

717

497

749

287

174

344

Stock-based compensation expense

2,509

8,428

7,682

11,645

8,833

7,262

4,322

2,444

1,497

919

1,201

Changes in operating assets and liabilities:
Accounts receivable

1,326

3,173

8,159

14,519

6,605

2,457

-980

1,452

1,036

611

-125

Accounts receivable from affiliates

-

-

-

-

-

-

-337

45

-203

487

-728

Property tax and insurance deposits

545

1,213

279

-267

-2,200

-1,162

406

-47

-336

-2,584

-

Prepaid expenses and other

1,013

-1,100

-33

1,995

-2,427

192

1,847

-1,310

1,172

931

-1,920

Other assets

500

-1,350

-4,061

2,228

1,289

163

1,745

-3,721

6,548

2,670

794

Accounts payable

-715

1,294

2,750

1,695

815

-1,267

-3,166

4,369

660

-86

117

Accrued expenses

4,343

1,129

1,689

4,798

2,146

2,833

4,876

5,359

2,961

3,838

-1,374

Other liabilities

-

-

5,017

12,014

3,677

-

-

-

-

-

-

Federal and state income taxes receivable/payable

-14

-23

-165

-107

108

-5,342

1,222

-1,537

1,476

2,469

-566

Deferred resident revenue

579

561

-1,898

-1,148

-

-

-

-

-

-

-

Customer deposits

-55

-92

-151

-274

-

-

-

-

-

-

-

Deferred resident revenue

-

-

-

-

176

1,932

2,719

-

-

-

-

Customer deposits

-

-

-

-

320

10

-51

10

231

4

-298

Net cash provided by operating activities

-

-

-

-

48,895

46,312

42,644

46,395

-

-

-

Net cash provided by operating activities

5,229

36,870

55,594

52,279

-

-

-

-

14,084

15,550

19,635

Investing Activities
Capital expenditures

20,306

21,965

39,959

62,371

42,430

18,742

13,562

12,302

10,472

8,447

8,049

Cash paid for acquisitions

-

-

85,000

138,750

162,460

160,105

150,391

178,110

83,450

2,000

-

Proceeds from SHPIII/CSL Transaction

-

-

-

-

-

2,532

-

-

-

-

-

Proceeds from Spring Meadows Transaction

-

-

-

-

-

-

-

-

15,844

0

-

Proceeds from disposition of assets

68,084

57

19

72

43,463

796

1,460

19

0

0

1

Contributions to joint ventures

-

-

-

-

-

-

-

243

801

0

-

Distributions from joint ventures

-

-

-

-

-

102

197

21

1,442

5,165

744

Net cash used in investing activities

-

-

-

-

-161,427

-175,417

-162,296

-190,615

-

-

-

Net cash provided by (used in) investing activities

47,778

-21,908

-124,940

-201,049

-

-

-

-

-77,437

-5,282

-7,304

Financing Activities
Proceeds from notes payable

37,499

208,841

77,197

150,798

250,944

300,820

140,237

160,413

64,202

3,591

1,926

Repayments of notes payable

95,077

204,093

20,099

17,680

115,896

140,950

23,539

15,900

6,737

10,154

8,324

Cash payments for financing lease and financing obligations

1,516

3,151

2,869

-

-

-

-

-

-

-

-

Cash payments for capital lease and financing obligations

-

-

-

1,314

978

971

871

-

137

22

-

Cash payments for capital lease and financing obligations

-

-

-

-

-

-

-

499

-

-

-

Increase in restricted cash

-

-

-

-

-918

-816

-1,246

-1,077

-2,768

-4,167

-2,167

Cash proceeds from the issuance of common stock

-

-

-

67

42

170

3,163

165

505

359

223

Excess tax benefits on stock options exercised

-

-

-

27

19

82

1,625

-

-

-

-

Excess tax benefits on stock options

-

-

-

-

-

-

-

-37

291

161

37

Lease incentive from Signature Transaction

-

-

-

-

-

-

-

-

-

-2,000

-

Increase in capital lease and financing obligations

-

-

-

-

-

-

-

-

-

240

-

Purchases of treasury stock

-

-

-

2,496

-

-

-

-

-

0

934

Deferred financing charges paid

1,170

3,263

1,182

2,501

3,765

3,468

1,593

2,391

-

-

-

Deferred financing charges paid

-

-

-

-

-

-

-

-

968

0

-

Net cash (used in) provided by financing activities

-

-

-

-

129,410

154,703

114,526

140,674

-

-

-

Net cash provided by (used in) financing activities

-60,264

-1,666

53,047

126,847

-

-

-

-

54,388

-7,992

-9,239

Increase (Decrease) in cash and cash equivalents

-7,257

13,296

-16,299

-21,923

-

-

-

-

-

-

-

Decrease in cash and cash equivalents

-

-

-

-

16,878

25,598

-5,126

-3,546

-8,965

2,276

3,092

Supplemental Disclosures
Cash paid during the year for:
Interest

47,448

49,225

47,022

40,585

33,642

28,856

21,953

16,620

11,266

10,949

11,464

Income taxes

505

555

543

582

1,039

724

702

4,719

6,810

2,328

530

Notes payable assumed by purchaser through disposition of assets

-

-

-

-

6,764

-

-

-

-

-

-

Intangible assets acquired through capital lease and financing obligations

-

-

-

-

-

-

-

11,794

0

-

-

Property and equipment acquired through capital lease and financing obligations

-

-

-

-

-

-

-

13,243

0

-

-

Notes payable assumed through capital lease and financing obligations

-

-

-

-

-

-

-

18,293

0

-

-

Notes payable assumed through acquisitions

-

-

-

-

-

-

-

3,240

0

-

-