Global Medical REIT Inc. GMRE Cash Flow

Global medical reit inc. (GMRE)

CashFlow / Quarterly

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	Nov'14	Sep'14	Jun'14	Mar'14	Nov'13	Aug'13	May'13	Feb'13	Nov'12	Aug'12	May'12	Feb'12	Nov'11	Aug'11	May'11
Operating activities
Net income
2,817	2,775	2,308	2,462	2,043	9,504	1,772	1,384	1,901	1,248	606	-623	-1,318	-1,929	-1,982	-494	-1,946	-790	-497	-132	-188	-409	-283	-185	-548	-11	-7	-	-6	-3	-27	-	-	-	-	-	-
Net loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-7	-0	-0
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation expense
5,836	5,585	5,006	4,608	3,867	3,679	3,614	3,445	2,906	2,557	2,175	1,851	1,346	806	585	544	398	213	153	141	152	200	149	-	-	-	0	-	-	-	-	-	-	-	-	-	-
Amortization of acquired lease intangible assets
1,921	-	-	-	1,002	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of acquired lease intangible assets
-	-	-	-	-	-	-	926	765	-	523	459	344	42	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of above market leases, net
247	247	229	186	219	204	190	181	113	115	25	-3	-8	-1	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of debt issuance costs and other
315	312	349	338	313	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	138	38	0	-	-	-	-	-	-	-	-	-	-	-
Amortization of deferred financing costs and other
-	-	-	-	-	-	-	-	430	-	340	341	159	134	62	62	90	-	-	-	29	39	29	28	7	0	0	-	-	-	-	-	-	-	-	-	-
Stock-based compensation expense
922	843	868	854	771	693	741	1,055	182	315	341	720	420	854	830	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capitalized preacquisition costs charged to expense
7	-	-	-	-	-22	86	42	4	19	-5	2	3	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-26	-	-	-	-33	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in operating assets and liabilities:
Restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	118	0	319	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tenant receivables
751	910	202	376	654	1,161	405	86	549	88	82	187	135	34	177	-261	261	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2	2	-2	-	-	0	0	-	-	-	-	-	-	-	-	-	-
Prepaid assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	27	-	-	22	0	-19	19	-	3	-3	0	-	-	0	0	0	15	-15	7	-7	0
Deferred assets
1,629	1,205	1,476	1,473	1,006	1,214	1,962	1,457	1,178	1,069	1,057	779	383	458	90	-211	342	95	-1	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
-28	-44	191	-5	-32	-86	223	-11	-86	122	22	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable and accrued expenses
2,051	-54	933	612	-634	85	180	-580	1,834	-267	227	37	1,358	226	-1,509	357	884	-	-	-	-	-	-	128	58	-0	-	-	-	-	-	-	-	-	-	-	-
Accrued expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	156	24	-225	162	130	-	-	-	2	5	3	1	1	1	6	0	0	0	0
Security deposits and other
195	-11	481	1,759	-30	224	-1,124	140	2,784	-79	-238	345	1,380	121	278	0	319	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued management fees due to related party
275	105	38	249	192	38	10	14	17	260	175	2	6	-306	267	-60	90	90	90	90	90	120	87	90	90	0	5	-	-	-	-	-	-	-	-	-	-
Net cash provided by operating activities
12,260	9,746	10,017	10,516	6,148	5,734	4,177	5,628	9,295	4,174	3,085	2,165	3,172	-	-	-	-	-	-	-	-	-	130	199	-350	-15	-0	-2	-3	-2	-26	-25	-9	-0	-0	-7	-0
Investing activities
Purchase of land, buildings, and other tangible and intangible assets and liabilities
68,457	73,545	65,968	94,631	20,841	46,986	8,977	59,309	65,565	38,685	65,061	40,407	108,067	81,768	30,744	0	37,946	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	910	-1,115	-	-69	128	-139	129	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Escrow deposits for purchase of properties
100	475	-725	150	1,472	-948	476	-500	798	292	309	-1,557	1,308	290	-50	50	-394	-	-	-	-	-0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loan repayments received from (made to) related party
5	-	-	9	-122	-36	31	-80	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital expenditures on existing real estate investments
211	-	-	-	9	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital expenditures on existing real estate investments
-	-	-	-	-	-	-	304	133	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Escrow deposits for purchase of properties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loans to related party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	21	-	65	6	0	42	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preacquisition costs
-	-	-	-137	211	221	-139	128	-246	153	70	5	-126	141	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of land, buildings and improvements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,506	-	-	-	0	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-68,763	-75,523	-65,200	-94,819	-22,655	-15,187	-10,860	-59,321	-66,250	-39,147	-65,442	-38,815	-109,249	-	-	-	-	-	-	-	-	-	-2,506	-	-	-	0	-	-	-	-	-	-	-	-	-	-
Financing activities
Net proceeds received from common equity offerings
-	92,699	17,148	707	78,944	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	25	0	0	0	0	55	0
Payment of accrued common stock offerin'g costs
269	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-290	-300	510	251	48	99	-148	60	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Escrow deposits required by third party lenders
72	77	72	72	72	72	72	72	72	50	7	9	8	18	8	5	829	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of buildings and improvements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,608	0	0	2,506	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-67	-37,573	-	-11,674	-6	0	-2,549	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Borrowings from related parties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	49	1	0	40	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0
Borrowings repaid to related parties
-	-	-	-	-	-	-	-	-18	-	-	-	0	-	-1,625	1,502	152	-58	350	0	0	-	-	-42	-15	15	-	-	-	-	-	-	-	-	-	-	-
Proceeds received from notes payable from acquisitions
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	41,320	-	-	-	-	910	910	-	-	-	0	-	-	-	-	-	-	-	-	-	-
Repayment of note payable
35	-	-	-	35	-	-	-	-	-	-	-	-	1,622	14,600	92	9,317	92	89	88	78	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds received from note payable from related party
-	-	-	-	-	-	-	-	-	-	-	-	-	1,500	0	0	450	-	-	0	350	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Repayment of note payable from related party
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from Credit Facility
81,700	79,800	60,650	97,600	6,200	43,200	12,950	61,200	68,750	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of Credit Facility
3,600	95,675	12,900	1,800	62,800	60,325	3,900	2,000	4,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of debt issuance costs
44	-	-	-	29	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends paid to common stockholders, and OP Unit and LTIP Unit holders
10,031	-	-	-	5,781	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from notes payable to majority shareholder
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,811	0	-	-	-	-	-	-	-	-	-	-	-
Payment on note payable to majority stockholder
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from revolving credit facility, net
-	-	-	-	-	-	-	-	-	-	-	-	101,200	-	0	0	0	-7,377	7,377	0	0	1,700	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments of debt issuance costs
-	-	-	-	-	61	1,627	370	753	122	516	285	1,992	945	0	0	1,090	0	137	0	0	21	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Redemption of LTIP Units
-	-	-	-	-	0	0	105	158	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends paid to common stockholders, and OP Unit and LTIP Unit holders
-	-	-	-	-	-	-4,787	-4,736	-4,552	-	-3,607	-3,604	-3,604	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends paid to preferred stockholders
1,455	1,457	1,454	1,456	1,455	1,455	1,455	1,456	1,455	745	0	0	0	-285	0	121	164	-170	42	63	63	85	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,224	30,011	-	11,654	-249	355	2,483	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends paid to common shareholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-42	-63	0	0	0	-	-	-	-	-	-	-	-	-	-
Proceeds from notes payable related to acquisition
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,700	-	-	-	0	-	-	-	-	-	-	-	-	-	-
Payment of deferred financing costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-21	-	-	-	0	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
66,194	67,136	55,137	86,867	14,972	10,474	4,318	52,479	57,242	33,270	56,849	40,844	95,596	-	-	-	-	-	-	-	-	-	2,545	2,573	22,228	15	0	0	0	0	25	0	0	0	0	55	0
Net increase (decrease) in cash and cash equivalents and restricted cash
9,691	1,359	-46	2,564	-1,535	1,021	-2,365	-1,214	287	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase (decrease) in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-10,481	-	78,773	2,067	-8,676	9,094	-89	-126	216	63	169	-	-	-	-0	-	-	-	-	-	-	-	-	-	-
Net (decrease) increase in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	223	11	-0	-	-	-	-2	-1	-15	-19	-0	-0	47	0
Supplemental cash flow information:
Cash payments for interest
3,823	4,595	4,166	3,807	3,714	3,971	3,514	3,347	2,245	1,818	1,448	1,650	830	402	2,661	697	337	203	270	142	548	270	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-
Noncash financing and investing activities:
Accrued dividends payable
10,949	1,621	389	96	8,985	986	169	116	5,710	871	1,066	49	3,652	11	3,592	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Initial recognition of lease liability related to right of use asset
-	0	0	797	2,346	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
OP Units issued for property acquisition
-	0	0	0	506	11,620	0	4,742	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued common stock offering costs
-	247	-362	194	190	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Conversion of convertible debenture due to majority stockholder to common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-0	15,030	0	15,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
LTIP Units and OP Units redeemed for common stock
6,890	-	54	0	576	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued pre acquisition costs for purchase of properties and tenant improvements
-	-	-	-	-	-	-873	1,376	271	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	206	-	-	-	0	0	0	0	0	0	0	0	0	0	0
Income taxes paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0
Interest Rate Swap [Member]
Interest rate swap agreements fair value change recognized in other comprehensive loss
13,958	-	-	-	2,022	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest rate swap agreements fair value change recognized in other comprehensive loss
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-