Independence realty trust, inc. (IRT)
CashFlow / TTM
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 (loss)

43,414

46,354

37,063

36,987

25,676

26,610

18,400

14,720

30,696

31,441

-17,784

-16,533

-5,264

-9,555

37,559

60,788

30,351

30,156

25,943

249

-232

2,944

3,057

3,417

3,869

1,274

1,015

699

614

427

325

274

-154

-370

0

0

0

Adjustments to reconcile net income to cash flow from operating activities:
Depreciation and amortization

55,196

52,815

50,233

47,582

46,444

45,221

43,502

41,390

37,818

34,201

32,186

31,280

30,904

34,824

38,559

35,498

33,583

28,094

20,318

18,923

16,435

12,520

9,970

7,669

5,500

4,413

4,102

3,934

3,682

3,466

3,159

2,949

2,591

1,771

0

0

0

Amortization of deferred financing costs

1,445

1,423

1,404

1,362

1,325

1,430

1,382

1,355

1,395

1,464

1,681

1,996

2,380

2,757

2,964

2,343

1,438

389

-521

-710

-796

-660

-449

-218

42

83

71

65

127

121

113

106

27

15

0

0

0

Stock compensation expense

5,121

3,116

2,958

2,828

2,676

2,524

2,386

2,246

1,957

1,968

1,938

1,763

1,498

1,222

1,030

1,000

630

495

328

143

245

206

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net (gains) losses on sale of assets

-

-

-

-

-

-

-

-

-

18,825

15,876

15,967

29,238

31,776

0

0

0

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Amortization related to derivative instruments

894

690

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of derivative instruments

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Gains) losses on TSRE merger and property acquisitions

-

-

-

-

-

-

-

-

-

-

-

-

-

732

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in assets and liabilities:
Other assets

253

-1,344

113

-365

621

514

-723

1,260

941

1,267

1,031

697

571

477

-861

-5,605

-5,715

-5,570

-4,174

-1,062

-2,078

-764

-465

54

1,012

89

54

361

-32

-240

293

-25

59

333

0

0

0

Accounts payable and accrued expenses

926

3,490

3,101

1,537

1,310

3,284

2,139

2,931

1,965

1,578

-125

-228

-2,156

-4,328

4,955

20

-2,168

3,362

2,557

3,296

3,656

2,670

2,407

1,781

1,676

210

113

171

112

132

224

41

970

1,075

0

0

0

Accrued interest payable

1,520

1,542

241

268

308

469

394

234

-167

-242

-684

-512

-602

-715

305

574

1,014

1,060

398

0

-1

-14

-2

-2

0

31

0

0

0

-

-

-

-

-

-

-

-

Other liabilities

-571

-562

360

548

339

196

-182

-335

-215

-190

-117

-32

-89

37

-194

-2,468

-2,543

-2,604

-2,210

193

190

176

-29

-85

-12

19

90

125

102

66

58

12

42

38

0

0

0

Net cash provided by operating activities

72,481

75,001

70,572

68,933

66,896

68,530

66,583

61,988

57,741

54,324

4,193

1,653

-2,569

-7,533

47,088

24,256

17,679

18,725

10,194

23,156

21,575

15,724

12,789

9,846

7,289

6,018

5,369

4,665

4,701

4,484

3,586

3,407

3,417

2,196

0

0

0

Cash flows from investing activities:
Acquisition of real estate properties

178,986

128,908

141,830

155,267

127,056

215,833

206,739

226,943

282,410

221,813

0

0

0

-

-

-

-

-

-

-

-

299,881

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Disposition of real estate properties

-

68,137

0

0

0

-

-

-

-

-

-

-

-

39,690

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital expenditures

45,509

45,625

45,903

45,102

44,160

40,426

32,618

23,898

16,965

14,370

12,724

10,962

10,749

10,663

11,339

11,282

10,221

8,941

7,277

5,963

4,770

4,158

2,837

2,055

1,582

1,445

1,408

1,229

1,132

1,148

1,182

1,307

1,128

868

0

0

0

TSRE merger, net of cash acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from Secured Credit Facility and mortgage indebtedness

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

542,458

162,504

158,783

154,650

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Secured Credit Facility and mortgage principal repayments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

277,678

37,270

44,670

26,001

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Cash flow used in investing activities

-157,439

-106,396

-122,200

-152,806

-143,333

-229,457

-229,402

-240,978

-254,901

-191,709

-145,889

-60,637

-9,075

27,884

45,175

-91,516

-145,551

-153,466

-292,835

-235,849

-249,102

-307,337

-208,270

-138,311

-98,219

-38,239

-30,012

-16,804

-16,806

-16,928

-18,757

-19,075

-19,180

-18,788

0

0

0

Cash flows from financing activities:
(Increase) decrease in restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

698

444

787

207

1,995

3,172

2,637

3,298

3,473

1,521

1,629

-28

-197

-206

-107

-1

-25

168

-192

-324

0

0

0

Proceeds (payments) from issuance of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-188

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from unsecured credit facility and term loans

235,560

234,059

392,060

405,060

374,000

400,000

220,500

235,500

267,690

199,690

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from Secured Credit Facility

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Credit facility repayments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unsecured credit facility repayments

-

153,500

286,762

273,262

252,262

198,262

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Mortgage principal repayments

5,220

4,284

4,136

3,612

3,362

3,191

3,087

2,929

2,755

2,654

2,525

2,150

1,681

45,088

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments for deferred financing costs

0

-

-

-

-

-

-

-

-

-

-

-

-

1,485

1,092

9,082

8,008

7,998

0

0

0

-

-

-

-

418

0

0

0

-

-

-

-

-

-

-

-

Proceeds from issuance of preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

100

0

0

0

-

0

0

0

Proceeds from issuance of common stock

65,436

20,981

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

31,639

430

295

3,193

0

0

0

-

0

0

0

Financing commitment fee

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

Distributions on common stock

65,030

64,745

64,392

63,954

63,439

52,476

51,552

48,255

45,051

52,304

48,359

44,464

40,567

36,575

33,432

30,660

27,890

25,103

22,163

20,592

18,058

14,978

11,525

8,473

5,568

2,979

1,483

430

196

149

104

57

8

5

0

0

0

Distributions to noncontrolling interests

636

640

641

709

641

658

1,045

1,355

1,780

2,119

2,098

2,090

2,105

2,140

2,117

1,815

1,511

1,187

0

0

0

-

-

-

-

1,805

2,458

3,121

3,110

3,004

2,956

2,573

1,777

1,017

0

0

0

Repurchase of shares related to equity award tax withholding

0

-

-

-

-

-

-

-

-

569

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash flow provided by (used in) financing activities

130,982

29,783

51,265

84,766

76,545

162,353

161,936

184,976

197,564

125,594

123,829

37,481

-53

-37,655

-79,955

73,743

130,712

158,279

264,794

226,207

221,976

303,042

213,741

134,271

112,837

33,022

37,551

10,447

10,619

13,870

17,579

17,964

19,825

17,490

0

0

0

Net change in cash and cash equivalents, and restricted cash

46,024

-1,612

-363

893

108

1,426

-883

5,986

404

-11,791

-17,867

-21,503

-11,697

-17,304

12,308

6,483

2,840

23,538

-17,847

13,514

-5,551

11,429

18,260

5,806

21,907

801

12,908

-1,692

-1,486

1,426

2,408

2,296

4,062

898

0

0

0

Supplemental cash flow information:
Cash paid for interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

22,105

16,502

14,258

12,015

9,170

6,926

5,320

4,026

3,545

0

0

0

-

-

-

-

-

-

-

-

Supplemental disclosure of noncash investing and financing activities:
Mortgage debt assumed

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

66,963

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-