COLUMBIA PROPERTY TRUST, INC. CXP Cash Flow

Columbia property trust, inc. (CXP)

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	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11
Cash Flows From Operating Activities:
Net income
11,779	9,064	35,977	62,692	11,506	9,491	3,140	98,245	102,817	176,041	204,789	140,153	152,306	84,281	67,050	50,295	45,718	44,619	90,676	95,521	94,833	92,635	49,336	29,148	41,728	15,720	14,646	3,987	-5,700	48,043	89,803	100,768	85,376	56,656	0	0	0
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:
Straight-line rental income
11,993	13,230	14,077	16,946	20,885	25,952	34,035	37,481	36,059	32,737	27,369	17,716	22,083	21,875	20,802	27,370	17,736	16,632	13,850	11,177	12,624	9,916	10,971	14,295	18,556	22,793	25,427	23,309	16,817	11,033	13,913	15,253	21,882	22,165	0	0	0
Noncash operating lease expense
590	720	630	424	212	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation
76,218	78,292	79,913	80,018	81,364	81,795	81,259	79,882	79,624	80,394	84,555	92,832	100,859	108,543	115,746	121,409	126,772	131,490	130,574	128,113	124,469	117,766	115,142	116,073	116,512	119,835	121,686	121,185	120,809	120,307	121,001	121,213	121,779	119,772	0	0	0
Amortization
22,525	23,546	25,753	26,276	27,797	29,401	30,132	30,558	30,993	31,907	37,374	41,262	46,646	52,530	57,391	64,052	72,276	78,000	78,005	78,675	76,444	74,212	76,001	79,072	81,546	84,630	87,128	90,252	95,019	100,482	107,030	112,106	117,416	122,807	0	0	0
Gain on sale of unconsolidated joint venture interest
-	-	-	-	-	762	762	762	762	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Noncash compensation expense
9,740	6,622	6,791	6,885	6,977	6,966	7,423	7,349	7,417	7,580	6,555	5,916	4,867	4,558	4,135	4,114	3,916	3,548	3,389	2,981	2,482	1,975	2,366	2,078	1,562	1,055	0	0	0	-	-	-	-	-	-	-	-
Impairment loss on real estate assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	25,130	14,982	27,852	26,420	29,737	29,737	35,334	35,334	18,467	0	0	0	-	-	-	-
Noncash interest expense
2,564	2,562	2,598	2,677	2,861	3,103	3,197	3,226	3,119	3,009	3,023	3,113	3,309	3,549	3,962	4,276	4,278	4,335	3,896	3,529	3,388	3,055	2,952	3,394	3,480	3,602	3,935	3,704	3,830	3,881	7,241	11,876	19,520	23,967	0	0	0
Income from unconsolidated joint ventures
8,889	8,004	8,245	8,444	8,003	8,003	9,437	9,897	6,307	2,651	-2,969	-7,759	-7,894	-7,561	-6,583	-4,646	-2,694	-1,142	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions of earnings from unconsolidated joint ventures
28,812	27,977	27,939	27,313	26,390	28,802	25,145	18,696	12,254	3,681	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Gain) loss on extinguishment of debt
-	-	-	-	-	-	-	-	-	-325	-325	-18,950	-19,042	-18,997	-18,997	-2,764	-2,672	-3,149	-3,172	-500	-500	-23	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Gain on interest rate swaps
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,532	2,853	5,254	5,163	4,945	4,800	4,393	4,949	5,530	3,720	3,107	1,620	173	-13,184	-25,700	-30,958	-28,635	0	0	0
Gain on sale of real estate assets
55,374	42,030	0	0	0	-	-	-	-	175,518	197,760	145,807	145,788	72,325	53,761	23,531	23,550	23,860	76,201	74,626	73,976	73,648	18,840	233	883	11,225	13,184	13,184	13,246	20,117	16,947	16,947	16,885	0	0	0	0
Market value adjustment to investment in Real Estate Funds
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in assets and liabilities, net of acquisitions and dispositions:
Increase in tenant receivables, net
711	-697	30	1,305	2,412	2,947	1,796	529	-782	-4,222	-3,562	-5,928	-6,064	-4,251	-3,437	-147	-319	4,414	1,899	2,298	2,568	227	-2,154	78	-710	-6,249	1,612	1,059	4,883	4,767	329	-2,026	-2,477	1,438	0	0	0
Decrease (increase) in prepaid expenses and other assets
5,337	1,539	-2,821	-4,193	-6,472	-7,871	-3,439	-861	-4,784	1,754	-1,097	-4,536	-4,201	-5,533	-3,244	951	1,104	2,155	-3,567	-3,561	-1,721	-5,442	-3,291	-542	-4,271	4,097	2,443	3,902	5,869	-2,344	1,171	4,125	559	4,443	0	0	0
Decrease in accounts payable and accrued expenses
3,656	5,560	-173	-576	-21,240	-36,724	-38,926	-47,611	-25,200	-28,133	-23,296	-12,872	-19,112	-1,607	-7,008	158	7,153	3,330	13,323	4,527	1,501	2,589	-487	672	-480	4,207	3,354	2,848	5,298	4,270	2,268	3,559	7,511	8,114	0	0	0
Increase (decrease) in deferred income
830	3,265	-952	296	-578	-2,888	-32	-2,407	-80	-4,442	-5,322	-4,438	-2,556	-905	-1,169	2,470	-1,803	2,060	-1,188	-1,339	1,060	2,815	-1,870	2,456	-1,393	-5,969	-35	-7,775	-9,968	-7,454	-7,302	1,775	10,134	9,122	0	0	0
Decrease in due to affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,801	7,333	16,538	25,582	-1,411	34	-196	-130	-1,146	0	0	0
Net cash provided by operating activities
118,511	137,443	140,652	141,958	117,933	97,625	75,846	45,144	71,297	61,924	90,502	139,616	155,649	193,091	197,805	203,580	221,388	223,080	240,759	232,861	223,647	236,906	225,090	228,991	227,596	218,329	221,598	221,512	227,769	252,839	266,348	281,779	294,992	279,158	0	0	0
Cash Flows From Investing Activities:
Net proceeds from the sale of real estate
625,826	375,004	0	0	0	-	-	-	-	737,631	859,274	949,005	948,986	603,732	656,698	756,121	756,140	596,734	0	0	0	-	-	-	-	565,945	312,445	312,445	312,507	304,264	57,747	57,747	57,685	0	0	0	0
Normandy Acquisition (Note 3)
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Prepaid transaction costs and earnest money
0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	155,203	10,000	0	0	0	0	-	-	-	-	-	-	-	-
Net proceeds from the sale of investments in unconsolidated joint ventures
-	-	-	-	-	235,083	235,083	235,083	235,083	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Real estate acquisitions and prepaid transaction costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,062,031	1,062,031	887,263	887,263	335,986	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Capital improvements and development costs
71,563	66,994	63,978	66,161	70,684	71,033	84,162	91,799	88,900	86,805	64,096	51,819	42,494	39,521	53,732	64,510	80,410	83,371	76,476	76,790	58,488	54,005	50,418	41,229	48,432	44,856	52,967	53,104	47,918	45,048	-570,716	-575,441	-568,525	29,291	0	0	0
Deferred lease costs paid
24,335	22,307	17,171	20,079	22,239	24,816	24,972	23,800	27,330	26,722	27,110	29,126	32,609	32,386	26,841	26,331	19,410	22,531	28,350	20,409	21,313	25,004	17,401	30,371	33,338	25,700	31,299	33,396	35,605	39,419	34,001	25,694	25,791	27,307	0	0	0
Investments in unconsolidated joint ventures
54,247	17,134	47,072	45,370	43,750	38,763	250,326	369,563	369,354	369,043	127,010	9,424	12,801	16,212	17,851	14,228	10,141	5,500	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investments in Real Estate Funds
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions from unconsolidated joint ventures
15,065	14,250	14,400	15,464	16,381	13,685	11,123	6,570	4,961	1,985	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) investing activities
37,095	-170,309	230,634	40,516	127,581	375,730	-388,715	-318,358	-605,338	-347,723	600,469	856,295	859,082	525,613	558,274	140,298	135,425	-576,699	-484,553	-465,183	-565,857	-23,788	227,240	300,345	408,247	495,389	39,429	37,195	40,234	31,047	-15,030	-1,998	-9,073	-666,090	0	0	0
Cash Flows From Financing Activities:
Financing costs paid
146	162	5,086	5,091	5,082	5,078	795	1,348	1,286	1,269	0	0	0	-	-	-	-	9,729	9,607	4,709	4,911	1,482	1,501	4,279	3,680	3,721	4,635	1,326	1,518	4,198	3,323	8,626	11,269	12,395	0	0	0
Proceeds from lines of credit and notes payable
1,075,000	802,000	543,000	543,000	544,000	579,000	969,000	933,000	892,000	783,000	0	220,000	304,000	435,000	465,000	1,389,000	1,552,000	1,884,000	1,854,000	863,000	746,000	283,000	370,000	311,000	232,000	301,000	245,000	240,000	259,000	599,000	857,500	989,000	1,328,500	1,543,500	0	0	0
Repayments of lines of credit and notes payable
807,000	650,000	652,699	595,536	647,361	872,175	883,278	983,236	706,835	533,427	302,015	631,593	862,525	845,460	974,395	1,542,331	1,553,169	1,854,512	1,784,961	840,317	652,777	294,739	442,601	406,013	375,977	461,940	208,905	248,420	261,385	627,191	849,096	998,799	1,600,208	1,168,278	0	0	0
Contributions from noncontrolling interest in consolidated joint venture
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions paid to stockholders
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tender offer and offering costs paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,133	124	132	83	11	0	0	0	-	-	-	-
Shares redeemed to fund income tax withholdings on stock compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Distributions paid to noncontrolling interest in Columbia Operating Partnership
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15	26	39	46	44	0	0	0
Proceeds from issuance of bonds payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	349,507	349,507	349,507	349,507	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Issuance of common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	46,402	70,388	102,068	110,220	118,388	126,683	127,646	128,956	130,289	0	0	0
Distributions paid to stockholders
-	-	-	-	-	95,056	95,056	95,515	96,163	109,561	109,561	122,546	135,298	148,474	148,474	148,957	149,440	112,570	150,061	150,029	149,996	149,962	149,920	163,422	153,807	145,071	135,515	120,998	129,492	137,632	145,307	143,986	142,276	140,431	0	0	0
Distributions paid to stockholders and reinvested in shares of our common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	46,402	70,388	102,068	110,220	118,388	126,683	127,618	128,913	130,289	0	0	0
Redemptions of common stock
58,990	35,917	31,132	31,132	45,635	72,495	44,136	74,264	87,262	59,462	86,890	56,762	29,285	53,986	29,714	42,521	42,599	17,057	0	0	0	-	-	-	-	115,781	145,283	126,734	114,974	99,381	94,137	94,850	91,861	82,892	0	0	0
Net cash provided by financing activities
118,657	28,051	-239,397	-182,454	-248,031	-465,804	-54,265	-221,363	454	79,281	-499,097	-513,176	-645,452	-535,264	-610,046	-353,817	-202,673	236,474	242,184	216,730	287,203	-163,183	-465,805	-541,669	-618,223	-667,417	-249,462	-257,610	-248,753	-269,729	-234,698	-257,573	-268,967	387,610	0	0	0
Net increase (decrease) in cash and cash equivalents
274,263	-4,815	131,889	20	-2,517	7,551	-367,134	-494,577	-533,587	-206,518	191,874	482,735	369,279	183,440	146,033	-9,939	154,140	-117,145	-1,610	-15,592	-55,007	49,935	-13,475	-12,333	17,620	46,301	11,565	1,097	19,250	14,157	16,620	22,208	16,952	678	0	0	0
Effect of foreign exchange rate on cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-103	-93	-48	217	32	7	-183	-416	-92	0	0	0