Columbia property trust, inc. (CXP)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Cash Flows From Operating Activities:
Net income

6,228

-21,910

-20,286

47,747

3,513

5,003

6,429

-3,439

1,498

-1,348

101,534

1,133

74,722

27,400

36,898

13,286

6,697

10,169

20,143

8,709

5,598

56,226

24,988

8,021

3,400

12,927

4,800

20,601

-22,608

11,853

-5,859

10,914

31,135

53,613

5,106

-4,478

2,415

Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:
Straight-line rental income

3,394

2,843

2,186

3,570

4,631

3,690

5,055

7,509

9,698

11,773

8,501

6,087

6,376

6,405

-1,152

10,454

6,168

5,332

5,416

820

5,064

2,550

2,743

2,267

2,356

3,605

6,067

6,528

6,593

6,239

3,949

36

809

9,119

5,289

6,665

1,092

Noncash operating lease expense

82

90

206

212

212

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation

18,330

18,780

19,773

19,335

20,404

20,401

19,878

20,681

20,835

19,865

18,501

20,423

21,605

24,026

26,778

28,450

29,289

31,229

32,441

33,813

34,007

30,313

29,980

30,169

27,304

27,689

30,911

30,608

30,627

29,540

30,410

30,232

30,125

30,234

30,622

30,798

28,118

Amortization

5,330

4,854

6,377

5,964

6,351

7,061

6,900

7,485

7,955

7,792

7,326

7,920

8,869

13,259

11,214

13,304

14,753

18,120

17,875

21,528

20,477

18,125

18,545

19,297

18,245

19,914

21,616

21,771

21,329

22,412

24,740

26,538

26,792

28,960

29,816

31,848

32,183

Gain on sale of unconsolidated joint venture interest

-

-

-

-

-

0

0

0

762

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Noncash compensation expense

4,657

1,445

1,536

2,102

1,539

1,614

1,630

2,194

1,528

2,071

1,556

2,262

1,691

1,046

917

1,213

1,382

623

896

1,015

1,014

464

488

516

507

855

200

0

0

-

-

-

-

-

-

-

-

Impairment loss on real estate assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,148

0

1,432

13,550

0

12,870

0

16,867

0

18,467

0

0

-

-

-

-

Noncash interest expense

642

640

640

642

640

676

719

826

882

770

748

719

772

784

838

915

1,012

1,197

1,152

917

1,069

758

785

776

736

655

1,227

862

858

988

996

988

909

4,348

5,631

8,632

5,356

Income from unconsolidated joint ventures

2,656

1,825

2,194

2,214

1,771

2,066

2,393

1,773

1,771

3,500

2,853

-1,817

-1,885

-2,120

-1,937

-1,952

-1,552

-1,142

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Distributions of earnings from unconsolidated joint ventures

6,996

7,376

7,075

7,365

6,161

7,338

6,449

6,442

8,573

3,681

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Gain) loss on extinguishment of debt

-

-

-

-

-

-

-

-

-

0

-280

0

-45

0

-18,905

-92

0

0

-2,672

0

-477

-23

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Gain on interest rate swaps

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-1,101

1,318

1,315

1,321

1,300

1,227

1,097

1,176

893

1,783

1,678

-634

280

296

231

-13,991

-12,236

-4,962

2,554

Gain on sale of real estate assets

13,344

0

112

41,918

0

-

-

-

-

0

102,365

0

73,153

22,242

50,412

-19

-310

3,678

20,182

0

0

56,019

18,607

-650

-328

1,211

0

0

10,014

3,170

0

62

16,885

0

0

0

0

Market value adjustment to investment in Real Estate Funds

160

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in assets and liabilities, net of acquisitions and dispositions:
Increase in tenant receivables, net

1,702

159

-253

-897

294

886

1,022

210

829

-265

-245

-1,101

-2,611

395

-2,611

-1,237

-798

1,209

679

-1,409

3,935

-1,306

1,078

-1,139

1,594

-3,687

3,310

-1,927

-3,945

4,174

2,757

1,897

-4,061

-264

402

1,446

-146

Decrease (increase) in prepaid expenses and other assets

235

3,022

-3,570

5,650

-3,563

-1,338

-4,942

3,371

-4,962

3,094

-2,364

-552

1,576

243

-5,803

-217

244

2,532

-1,608

-64

1,295

-3,190

-1,602

1,776

-2,426

-1,039

1,147

-1,953

5,942

-2,693

2,606

14

-2,271

822

5,560

-3,552

1,613

Decrease in accounts payable and accrued expenses

-4,605

5,290

4,056

-1,085

-2,701

-443

3,653

-21,749

-18,185

-2,645

-5,032

662

-21,118

2,192

5,392

-5,578

-3,613

-3,209

12,558

1,417

-7,436

6,784

3,762

-1,609

-6,348

3,708

4,921

-2,761

-1,661

2,855

4,415

-311

-2,689

853

5,706

3,641

-2,086

Increase (decrease) in deferred income

-342

4,086

-1,524

-1,390

2,093

-131

-276

-2,264

-217

2,725

-2,651

63

-4,579

1,845

-1,767

1,945

-2,928

1,581

1,872

-2,328

935

-1,667

1,721

71

2,690

-6,352

6,047

-3,778

-1,886

-418

-1,693

-5,971

628

-266

7,384

2,388

-384

Decrease in due to affiliates

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-8,875

-9,131

-9,075

25,280

259

74

-31

-1,713

1,704

-156

35

-2,729

Net cash provided by operating activities

16,147

33,379

40,548

28,437

35,079

36,588

41,854

4,412

14,771

14,809

11,152

30,565

5,398

43,387

60,266

46,598

42,840

48,101

66,041

64,406

44,532

65,780

58,143

55,192

57,791

53,964

62,044

53,797

48,524

57,233

61,958

60,054

73,594

70,742

77,389

73,267

57,760

Cash Flows From Investing Activities:
Net proceeds from the sale of real estate

250,822

0

181,092

193,912

0

-

-

-

-

0

232,971

0

504,660

121,643

322,702

-19

159,406

174,609

422,125

0

0

-

-

-

-

500,017

0

0

65,928

246,517

0

62

57,685

0

0

0

0

Normandy Acquisition (Note 3)

13,971

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid transaction costs and earnest money

0

-

599

515

13,701

-

7,300

0

0

-

39,659

341

12,000

-

0

0

0

-

-

-

-

-

-

145,203

10,000

0

0

0

0

-

-

-

-

-

-

-

-

Net proceeds from the sale of investments in unconsolidated joint ventures

-

-

-

-

-

0

0

0

235,083

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Real estate acquisitions and prepaid transaction costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

510,754

0

551,277

0

335,986

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Capital improvements and development costs

23,583

17,670

14,112

16,198

19,014

14,654

16,295

20,721

19,363

27,783

23,932

17,822

17,268

5,074

11,655

8,497

14,295

19,285

22,433

24,397

17,256

12,390

22,747

6,095

12,773

8,803

13,558

13,298

9,197

16,914

13,695

8,112

6,327

-598,850

8,970

15,028

604,143

Deferred lease costs paid

3,965

17,265

2,269

836

1,937

12,129

5,177

2,996

4,514

12,285

4,005

6,526

3,906

12,673

6,021

10,009

3,683

7,128

5,511

3,088

6,804

12,947

-2,430

3,992

10,495

5,344

10,540

6,959

2,857

10,943

12,637

9,168

6,671

5,525

4,330

9,265

8,187

Investments in unconsolidated joint ventures

43,641

4,393

3,674

2,539

6,528

34,331

1,972

919

1,541

245,894

121,209

710

1,230

3,861

3,623

4,087

4,641

5,500

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investments in Real Estate Funds

253

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Distributions from unconsolidated joint ventures

6,487

2,986

4,900

692

5,672

3,136

5,964

1,609

2,976

574

1,411

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) investing activities

171,896

-474,655

165,338

174,516

-35,508

-73,712

-24,780

261,581

212,641

-838,157

45,577

-25,399

470,256

110,035

301,403

-22,612

136,787

142,696

-116,573

-27,485

-575,337

234,842

-97,203

-128,159

-33,268

485,870

-24,098

-20,257

53,874

29,910

-26,332

-17,218

44,687

-16,167

-13,300

-24,293

-612,330

Cash Flows From Financing Activities:
Financing costs paid

5

0

0

141

21

4,924

5

132

17

641

558

70

0

-

-

-

-

122

5,582

596

3,429

0

684

798

0

19

3,462

199

41

933

153

391

2,721

58

5,456

3,034

3,847

Proceeds from lines of credit and notes payable

347,000

652,000

36,000

40,000

74,000

393,000

36,000

41,000

109,000

783,000

0

0

0

0

220,000

84,000

131,000

30,000

1,144,000

247,000

463,000

0

153,000

130,000

0

87,000

94,000

51,000

69,000

31,000

89,000

70,000

409,000

289,500

220,500

409,500

624,000

Repayments of lines of credit and notes payable

180,000

318,000

83,000

226,000

23,000

320,699

25,837

277,825

247,814

331,802

125,795

1,424

74,406

100,390

455,373

232,356

57,341

229,325

1,023,309

243,194

358,684

159,774

78,665

55,654

646

307,636

42,077

25,618

86,609

54,601

81,592

38,583

452,415

276,506

231,295

639,992

20,485

Contributions from noncontrolling interest in consolidated joint venture

16

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Distributions paid to stockholders

48,384

-

-

-

46,716

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Tender offer and offering costs paid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,012

0

49

72

3

8

0

0

-

-

-

-

Shares redeemed to fund income tax withholdings on stock compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Distributions paid to noncontrolling interest in Columbia Operating Partnership

685

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

15

11

13

7

13

Proceeds from issuance of bonds payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

349,507

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

23,509

22,893

23,986

31,680

31,661

31,061

32,281

32,643

32,971

32,394

Distributions paid to stockholders

-

-

-

-

-

0

23,597

23,640

47,819

0

24,056

24,288

61,217

0

37,041

37,040

74,393

0

37,524

37,523

37,523

37,491

37,492

37,490

37,489

37,449

50,994

27,875

28,753

27,893

36,477

36,369

36,893

35,568

35,156

34,659

35,048

Distributions paid to stockholders and reinvested in shares of our common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

23,509

22,893

23,986

31,680

31,661

31,061

32,281

32,615

32,956

32,437

Redemptions of common stock

25,474

33,516

0

0

2,401

28,731

0

14,503

29,261

372

30,128

27,501

1,461

27,800

0

24

26,162

3,528

12,807

102

620

-

-

-

-

0

37,172

37,755

40,854

29,502

18,623

25,995

25,261

24,258

19,336

23,006

16,292

Net cash provided by financing activities

92,468

306,094

-70,382

-209,523

1,862

38,646

-13,439

-275,100

-215,911

450,185

-180,537

-53,283

-137,084

-128,193

-194,616

-185,559

-26,896

-202,975

61,613

-34,415

412,251

-197,265

36,159

36,058

-38,135

-499,887

-39,705

-40,496

-87,329

-81,932

-47,853

-31,639

-108,305

-46,901

-70,728

-43,033

548,272

Net increase (decrease) in cash and cash equivalents

280,511

-135,182

135,504

-6,570

1,433

1,522

3,635

-9,107

11,501

-373,163

-123,808

-48,117

338,570

25,229

167,053

-161,573

152,731

-12,178

11,081

2,506

-118,554

103,357

-2,901

-36,909

-13,612

39,947

-1,759

-6,956

15,069

5,211

-12,227

11,197

9,976

7,674

-6,639

5,941

-6,298

Effect of foreign exchange rate on cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-103

10

45

265

-288

-15

-145

32

36