EPR PROPERTIES EPR Cash Flow

Epr properties (EPR)

CashFlow / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08
Operating activities:
Net income
202,243	266,983	262,968	224,982	194,532	179,633	180,226	121,664	115,266	113,055	-11,906	127,623
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Gain on Extinguishment of Debt
0	0	977	0	0	-	4,539	0	0	-	-	-
asset impairment charges cont and discops
23,639	27,283	10,195	0	0	-	-	3,074	2,531	463	2,083	-
Gain on sale of real estate
36,053	3,037	41,942	5,315	23,829	1,209	3,017	0	0	-	-	-
Gain on insurance recovery
0	0	606	4,684	0	0	4,853	0	0	-	-	-
Deferred income tax benefit
-4,115	573	812	-1,065	-1,136	1,796	-14,787	0	0	-	-	-
Provision for loan losses
-	-	-	-	-	3,777	0	0	-	700	70,954	-
Non-cash fee income
-	-	-	-1,588	0	0	-	-	-	-	-	-
Income from discontinued operations
-	-	-	-	199	3,881	4,589	-20,242	-14,822	-3,410	-46,430	-1,118
gain on sale of investment in direct financing lease
0	5,514	0	0	-	220	0	0	-	-	-	-
write off of deferred debt issuance cost cont and disc
38,450	31,958	1,549	905	270	301	6,166	627	1,877	3,067	117	-
Income (Loss) from Equity Method Investments
-381	-22	72	619	969	1,273	1,398	1,025	2,847	2,138	895	1,962
Proceeds from Equity Method Investment, Distribution
112	567	442	816	540	810	985	1,046	2,848	2,482	986	2,262
depreciation and amort cont and discops
171,763	153,430	132,946	107,573	89,617	66,739	53,946	46,698	42,975	43,076	41,401	38,824
Amortization of deferred financing costs
6,192	5,797	6,167	4,787	4,588	4,248	4,041	4,218	3,807	4,408	3,663	3,290
Amortization of above/below market leases and tenant allowances, net
-343	-581	-107	200	192	192	48	0	0	-	-	-
Share-based compensation expense to management and trustees
13,180	15,111	14,142	11,164	8,508	8,902	6,516	5,833	5,610	4,710	4,307	3,965
Share-based compensation expense included in severance expense
580	3,218	0	0	6,377	0	0	-	-	-	-	-
Increase (Decrease) in Operating Lease Assets and Liabilities, Net
1,194	0	0	-	-2,017	8	-12,509	6,681	652	1,961	148	-795
Mortgage notes accrued interest receivable
381	517	-467	-572	4,133	3,997	457	409	5	828	1,324	20,519
Accounts receivable
1,385	22,300	-8,866	37,627	11,623	5,214	7,163	7,400	-129	3,565	-1,243	2,405
Decrease in notes receivable and accrued interest receivable
-	-	-	-	-	-	-	-	-	-	-530	-261
Increase in direct financing lease receivable
186	563	1,208	3,255	3,559	2,993	4,860	4,964	5,073	4,750	3,762	2,285
Other assets
1,301	1,055	1,691	3,320	-343	3,360	-2,338	989	44	3,030	3,354	2,412
Accounts payable and accrued liabilities
27,540	4,979	260	17,025	5,711	4,586	7,816	8,720	4,358	11,859	-1,353	-2,347
Increase (Decrease) in Deferred Revenue
-1,980	7,974	6,061	-5,172	10,705	1,323	2,511	5,447	66	-465	-1,339	-1,902
Net operating cash provided by continuing operations
-	-	-	-	277,952	250,152	231,439	196,101	185,668	170,493	147,633	144,306
Net operating cash provided by discontinued operations
-	-	-	-	508	143	2,681	11,343	10,248	9,898	1,184	1,950
Net cash provided by operating activities
439,530	484,328	398,272	305,362	278,460	250,295	234,120	207,444	195,916	180,391	148,817	146,256
Investing activities:
Acquisition of and investments in real estate and other assets
500,629	187,460	397,556	219,169	179,820	85,205	123,497	73,188	53,175	131,057	135,112	142,581
Proceeds from Sale of Real Estate
216,020	22,134	191,569	23,860	46,718	12,055	797	0	0	-	0	-
Proceeds from sale of public charter school portfolio
449,555	0	0	-	-	-	-	-	-	-	-	-
Investment in unconsolidated joint ventures
325	29,473	0	0	-	-	1,607	1,800	3,970	16,691	1,677	117
Proceeds from settlement of derivative
0	-30,796	0	0	-	-5,725	0	0	-	4,586	0	-
Payments to Acquire Mortgage Notes Receivable
142,456	36,105	133,697	192,539	72,698	93,877	60,568	113,823	19,688	5,696	35,945	180,730
Proceeds from Sale and Collection of Mortgage Notes Receivable
217,459	335,168	21,784	72,072	40,956	76,256	1,900	0	0	-	3,512	-
Investment in promissory notes receivable
12,271	7,863	1,928	1,546	0	4,387	1,278	0	0	-	4,108	10,149
Proceeds from promissory note receivable paydown
3,738	7,500	1,599	0	0	1,750	1,027	0	0	-	1,000	-
Proceeds from sale of infrastructure related to issuance of revenue bonds
-	-	-	43,462	0	0	-	-	-	-	-	-
Proceeds from insurance recovery
0	0	-606	-4,610	0	0	-	-	-	-	-	-
Investment in direct financing leases, net
-	-	-	-	-	-	3,262	0	2,113	51,833	0	124,043
Proceeds from Sale of Lease Receivables
0	43,447	0	21,000	4,741	46,092	0	4,494	0	0	-	-
Payments to Develop Real Estate Assets
134,586	274,956	384,449	413,848	408,436	334,635	197,271	113,599	57,926	4,934	19,672	35,038
Net cash used by investing activities of continuing operations
-	-	-	-	-	-	-383,759	-297,916	-136,872	-214,797	-192,002	-492,658
Net cash used by other investing activities of discontinued operations
-	-	-	-	-	-	-	-	-58	-112,977	0	-280
Net proceeds from sale of real estate from discontinued operations
-	-	-	-	-	-	47,301	42,133	226,612	7,456	0	986
Net cash used by investing activities
96,505	-96,812	-702,072	-662,147	-568,539	-376,226	-336,458	-255,783	89,682	-320,318	-192,002	-491,952
Financing activities:
Proceeds from long-term debt facilities
962,000	908,000	1,371,000	1,380,000	856,914	379,000	646,000	871,000	387,000	770,225	132,006	543,660
Principal payments on long-term debt
866,735	949,684	823,288	865,266	503,314	310,253	552,468	658,571	425,859	616,494	266,423	345,591
Deferred financing fees paid
9,386	8,642	14,318	14,385	7,047	814	8,133	5,800	3,731	11,609	5,017	3,899
Costs associated with loan refinancing or payoff (cash portion)
-36,918	-28,650	-7	-482	0	-25	-5,790	-189	-117	291	-	-
Net proceeds from issuance of common shares
305,556	956	99,069	142,628	190,158	264,158	220,785	231	253	141,134	284,965	224,214
Proceeds from Issuance of Preferred Stock and Preference Stock
0	0	144,490	0	0	-	-	120,567	0	0	-	83,438
Payments for Repurchase of Redeemable Preferred Stock
0	0	125,025	0	0	-	-	115,013	80,030	0	0	-
Payment, Tax Withholding, Share-based Payment Arrangement
732	62	5	-	-	-	-	-	-	-	-	-
Impact of stock option exercises, net
-	-	-	-1,488	-3,394	50	947	-1,987	966	-815	-805	-147
Proceeds from payment of shareholder loan
-	-	-	-	-	-	-	-	-	-	0	1,600
Purchase of common shares for treasury
9,691	7,156	6,729	4,211	8,222	2,892	3,246	3,232	3,070	2,182	1,201	777
Contributions (distributions) paid from (to) noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-209	-637
Dividends paid to shareholders
367,317	342,315	311,721	265,662	233,073	207,637	197,924	162,775	157,844	146,324	126,907	124,930
Net cash provided (used) by financing activities of continuing operations
-	-	-	-	-	-	-	-	-	134,226	16,409	376,931
Net cash used by financing activities of discontinued operations
-	-	-	-	-	-	-	-	-	-6,271	-751	4,265
Net cash provided by financing activities
-23,223	-427,553	333,466	371,134	292,022	121,587	100,171	44,231	-282,432	127,955	15,658	381,196
Effect of exchange rate changes on cash
121	-442	241	-131	-996	-278	-539	147	-317	610	583	-588
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect
512,933	-40,479	29,907	14,218	947	-4,622	-2,706	-3,961	2,849	-11,362	-26,944	34,912
Supplemental schedule of non-cash activity:
Transfer of property under development to rental property
354,568	228,572	408,593	454,922	392,786	236,428	139,026	96,178	41,087	7,005	38,990	26,742
Issuance of nonvested shares and restricted share units at fair value, including nonvested shares issued for payment of bonuses
17,590	18,252	24,062	19,626	14,285	15,525	10,398	7,181	6,785	4,718	4,368	6,028
Conversion of equity to mortgage note receivable related to Atlantic-EPR I
-	-	-	-	-	-	-	14,852	0	0	-	-
Receipt of 86,056 common shares in payment of shareholder loans
-	-	-	-	-	-	-	-	-	3,261	0	-
Adjustment of noncontrolling interest to additional paid in capital
-	-	-	-	377	0	0	27,785	0	0	-	-
Sale of investment in direct financing leases, net in exchange for mortgage note receivable
-	-	-	70,304	0	0	2,500	2,500	0	0	-	-
Noncash or Part Noncash Acquisition, Value of Assets Acquired
0	155,185	9,237	-	-	-	49,391	0	0	-	-	-
Conversion of mortgage note receivable to rental property
-	-	-	0	120,051	0	0	-	-	-	-	-
Conversion of rental property to mortgage note receivable
27,423	0	11,897	0	0	-	-	-	-	-	-	-
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability
229,620	0	0	-	-	-	-	-	-	-	-	-
Operating Lease, Cost
253,486	0	0	-	-	-	-	-	-	-	-	-
Other Real Estate, Additions
14,000	0	0	-	-	-	-	-	-	-	-	-
Transfer of land held for development to property under development
-	-	-	-	167,600	0	0	-	-	-	-	-
Noncash or Part Noncash Acquisition, Debt Assumed
18,585	0	0	-	-	101,441	19,710	0	4,109	0	0	-
Stock Issued During Period, Value, Acquisitions
0	0	657,473	0	0	-	-	-	-	-	-	-
Assumption of liabilities net of accounts receivable for acquisition
0	0	12,083	0	0	-	-	-	-	-	-	-
Transfer of investment in a direct financing lease to rental properties
0	0	35,807	0	0	-	-	-	-	-	-	-
Equity Method Investment, Amount Sold
-	-	-	-	-	-	8,282	0	-	-	-	-
decrease in investment in joint venture
-	-	-	-	-	-	-	-	0	-	-	-
decrease in mortgage note receivable from business combination
-	-	-	-	-	-	33,089	0	0	-	-	-
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities
143,530	145,559	136,345	96,410	90,850	85,290	73,403	66,302	69,368	63,096	70,124	69,160
Cash paid during the period for income taxes
1,842	1,363	1,499	1,684	1,956	710	102	-325	40	469	-383	-429
Interest cost capitalized
5,326	9,903	9,879	10,697	18,546	7,525	2,763	-	-	-	-	-
Change in accrued capital expenditures
-35,155	32,993	333	6,035	417	7,053	1,168	-	-	-	-	-