Global Medical REIT Inc. GMRE Cash Flow

Global medical reit inc. (GMRE)

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	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
10,362	9,588	16,317	15,781	14,703	14,561	6,305	5,139	3,132	-87	-3,264	-5,853	-5,724	-6,353	-5,213	-3,728	-3,367	-1,609	-1,228	-916	-1,333	-1,155	0	-753	0	0	0	-	0	0	0	-	-	-	-	-	-
Net loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation expense
21,035	19,066	17,160	15,768	14,605	13,644	12,522	11,083	9,489	7,929	6,178	4,589	3,282	2,335	1,741	1,309	906	660	596	0	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-
Amortization of acquired lease intangible assets
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of acquired lease intangible assets
-	-	-	-	-	-	-	0	2,493	-	1,368	845	386	42	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of above market leases, net
909	881	838	799	794	688	599	434	250	129	13	-12	-9	-1	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of debt issuance costs and other
1,314	1,312	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-
Amortization of deferred financing costs and other
-	-	-	-	-	-	-	-	1,495	-	974	697	418	350	0	0	0	-	-	-	105	75	0	36	0	0	0	-	-	-	-	-	-	-	-	-	-
Stock-based compensation expense
3,487	3,336	3,186	3,059	3,260	2,671	2,293	1,893	1,558	1,796	2,335	2,825	2,105	1,685	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capitalized preacquisition costs charged to expense
0	-	-	-	-	110	151	60	20	19	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in operating assets and liabilities:
Restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	438	319	319	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tenant receivables
2,239	2,142	2,393	2,596	2,306	2,201	1,128	805	906	492	438	534	85	212	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-
Prepaid assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	45	19	0	19	-	0	0	0	-	-	15	0	7	0	-15	0	0	0
Deferred assets
5,783	5,160	5,169	5,655	5,639	5,811	5,666	4,761	4,083	3,288	2,677	1,711	721	681	317	225	436	94	-1	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
114	110	68	100	94	40	248	47	58	144	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable and accrued expenses
3,542	857	996	243	-949	1,519	1,167	1,214	1,831	1,355	1,848	112	432	-41	0	0	0	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-
Accrued expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	86	0	0	0	0	-	-	-	12	11	7	10	9	7	6	0	0	0	0
Security deposits and other
2,424	2,199	2,434	829	-790	2,024	1,721	2,607	2,812	1,408	1,608	2,124	1,779	719	597	319	319	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued management fees due to related party
667	584	517	489	254	79	301	466	454	443	-123	-31	-93	-9	387	210	360	360	390	390	390	300	0	185	0	0	0	-	-	-	-	-	-	-	-	-	-
Net cash provided by operating activities
42,539	36,427	32,415	26,575	21,687	24,834	23,274	22,182	18,719	12,596	0	0	0	-	-	-	-	-	-	-	-	-	0	-166	-368	-21	-7	-33	-56	-63	-61	-35	-17	-8	0	0	0
Investing activities
Purchase of land, buildings, and other tangible and intangible assets and liabilities
302,601	254,985	228,426	171,435	136,113	180,837	172,536	228,620	209,718	252,220	295,303	260,986	220,579	150,459	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-1,185	-	49	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Escrow deposits for purchase of properties
0	1,372	-51	1,150	500	-174	1,066	899	-158	352	350	-8	1,598	-104	0	0	0	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loan repayments received from (made to) related party
0	-	-	-118	-207	-85	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital expenditures on existing real estate investments
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital expenditures on existing real estate investments
-	-	-	-	-	-	-	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Escrow deposits for purchase of properties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loans to related party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	114	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preacquisition costs
-	-	-	156	421	-36	-104	105	-18	102	90	20	15	141	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of land, buildings and improvements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-304,305	-258,197	-197,861	-143,521	-108,023	-151,618	-175,578	-230,160	-209,654	-252,653	0	0	0	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-
Financing activities
Net proceeds received from common equity offerings
-	189,498	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	25	25	25	25	0	55	55	0	0	0
Payment of accrued common stock offerin'g costs
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	171	511	910	251	59	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Escrow deposits required by third party lenders
293	293	288	288	288	288	266	201	138	74	42	43	40	862	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of buildings and improvements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14,115	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-69,912	-	-14,229	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Borrowings from related parties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	91	0	0	0	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0
Borrowings repaid to related parties
-	-	-	-	-	-	-	-	0	-	-	-	-547	-	-28	1,947	444	292	0	0	0	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-
Proceeds received from notes payable from acquisitions
-	-	-	-	-	-	-	-	-	-	-	-	-	41,321	0	0	0	-	-	-	-	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-
Repayment of note payable
0	-	-	-	0	-	-	-	-	-	-	-	-	25,634	24,103	9,591	9,587	349	256	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds received from note payable from related party
-	-	-	-	-	-	-	-	-	-	-	-	-	1,950	0	0	0	-	-	350	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Repayment of note payable from related party
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from Credit Facility
319,750	244,250	207,650	159,950	123,550	186,100	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of Credit Facility
113,975	173,175	137,825	128,825	129,025	70,725	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of debt issuance costs
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends paid to common stockholders, and OP Unit and LTIP Unit holders
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from notes payable to majority shareholder
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Payment on note payable to majority stockholder
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from revolving credit facility, net
-	-	-	-	-	-	-	-	-	-	-	-	128,900	-	-7,377	0	0	0	9,077	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments of debt issuance costs
-	-	-	-	-	2,811	2,872	1,761	1,676	2,915	3,738	3,222	2,937	2,036	1,090	1,228	1,228	138	159	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Redemption of LTIP Units
-	-	-	-	-	263	263	263	158	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends paid to common stockholders, and OP Unit and LTIP Unit holders
-	-	-	-	-	-	0	0	-16,179	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends paid to preferred stockholders
5,822	5,822	5,820	5,821	5,821	5,821	5,111	3,656	2,200	745	-285	-285	-164	0	115	157	100	0	255	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	71,299	-	14,244	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends paid to common shareholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-63	0	0	0	-	-	-	-	-	-	-	-	-	-
Proceeds from notes payable related to acquisition
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-
Payment of deferred financing costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
275,334	224,112	167,450	116,631	82,243	124,513	147,309	199,840	188,205	226,559	0	0	0	-	-	-	-	-	-	-	-	-	0	24,817	22,244	15	0	25	25	25	25	0	55	55	0	0	0
Net increase (decrease) in cash and cash equivalents and restricted cash
13,568	2,342	2,004	-315	-4,093	-2,271	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase (decrease) in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	8,682	-	81,258	2,395	201	9,095	169	0	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-
Net (decrease) increase in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-38	-36	-35	27	47	0	0	0
Supplemental cash flow information:
Cash payments for interest
16,391	16,282	15,658	15,006	14,546	13,077	10,924	8,858	7,161	5,746	4,330	5,544	4,591	4,099	3,900	1,509	954	1,165	1,232	961	818	270	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-
Noncash financing and investing activities:
Accrued dividends payable
13,055	11,091	10,456	10,236	10,256	6,981	6,866	7,763	7,696	5,638	4,778	7,305	7,256	3,604	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Initial recognition of lease liability related to right of use asset
-	3,143	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
OP Units issued for property acquisition
-	506	12,126	12,126	16,868	16,362	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued common stock offering costs
-	269	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Conversion of convertible debenture due to majority stockholder to common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	30,030	30,030	15,000	15,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
LTIP Units and OP Units redeemed for common stock
0	-	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued pre acquisition costs for purchase of properties and tenant improvements
-	-	-	-	-	-	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	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
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest rate swap agreements fair value change recognized in other comprehensive loss
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-