Jernigan capital, inc. (JCAP)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15
Cash flows from operating activities:
Net Income (loss)

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Income

-

-

-

-

-

54,366

35,240

23,733

18,130

14,559

15,923

16,460

16,678

16,017

10,697

4,296

-1,674

-2,943

0

0

0

Adjustments to reconcile net income (loss) to net cash used in operating activities:
Interest capitalized on outstanding loans

28,056

28,884

28,944

28,017

25,733

22,814

18,992

14,871

11,112

8,575

6,743

5,448

4,602

3,856

0

0

0

-

-

-

-

Interest capitalized on outstanding loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-973

0

0

0

Net unrealized gain on investments

0

-

-

0

0

-

-

0

0

-

0

0

15,972

-

14,401

9,619

4,663

872

0

0

0

Stock-based compensation

2,396

2,148

2,018

1,854

1,912

1,929

1,872

1,752

1,379

1,295

1,275

1,320

1,197

1,080

966

758

480

305

0

0

0

Equity in (earnings) losses from unconsolidated self-storage real estate venture

234

556

455

730

1,079

1,473

1,931

2,221

2,382

2,253

2,139

1,818

1,643

1,224

0

0

0

-

-

-

-

Return on investment from unconsolidated self-storage real estate venture

-485

-443

-586

-583

-708

-857

-787

-833

-709

-700

0

0

0

-

-

0

0

-

-

-

-

Deferred termination fee to Manager

-

-

-

-

-

-

-

-

-

-

-

-

-

239

395

553

621

464

0

0

0

Depreciation and amortization

8,821

6,262

4,533

4,013

3,813

3,489

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

0

0

0

-

90

56

39

21

0

0

0

Amortization of deferred financing costs

2,117

1,981

1,691

1,421

1,162

877

824

743

548

373

188

27

18

16

0

0

0

-

-

-

-

Internalization - settlement of preexisting contractual relationship

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill impairment loss

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accretion of origination fees

1,177

1,169

1,260

1,186

1,083

986

760

671

636

629

734

759

855

740

568

377

138

100

0

0

0

Unrealized gain on mark-to-market interest rate cap

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Prepaid expenses and other assets

2,081

1,876

1,928

1,709

1,085

1,095

528

-224

125

-26

0

0

0

-

-

-

-

-

-

-

-

Other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

468

294

0

0

0

Due to Manager

-2,267

-170

440

566

861

1,850

871

860

566

476

891

391

165

310

31

-62

527

698

0

0

0

Accounts payable, accrued expenses, and other liabilities

462

83

225

870

315

259

683

549

642

495

27

-39

-1,786

-111

104

612

2,576

793

0

0

0

Net cash used in operating activities

-16,448

-13,634

-10,602

-8,599

-7,157

-6,305

-5,545

-4,835

-4,565

-3,571

0

0

0

-

-

-

-

-

-

-

-

Net cash provided by (used in) operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-7,145

-4,541

-3,039

0

0

0

Cash flows from investing activities:
Purchase of corporate fixed assets

51

38

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of corporate fixed assets

-

-

-

-

-

-

-

-

0

-

-

-

-

50

108

318

316

315

0

0

0

Purchase of self-storage real estate owned

34,463

10,469

14,055

9,932

10,234

16,383

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of self-storage real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

Capital additions to self-storage real estate owned

2,026

2,120

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital contributions to unconsolidated self-storage real estate venture

842

892

1,137

1,191

1,872

2,487

3,280

4,494

5,520

6,013

5,555

5,309

3,461

2,137

0

0

0

-

-

-

-

Return of capital from unconsolidated self-storage real estate venture

6,410

3,833

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Advances to unconsolidated self-storage real estate venture

-

12,733

14,754

17,084

22,030

16,242

23,782

34,747

45,348

50,396

47,357

45,056

29,857

18,293

0

0

0

-

-

-

-

Repayment of advances to unconsolidated self-storage real estate venture

-856

-12,811

-15,302

-18,743

-24,564

-19,045

-26,377

-40,097

-48,551

-49,479

-43,855

-38,394

-23,717

-15,998

0

0

0

-

-

-

-

Capitalized unconsolidated real estate venture costs

-

-

-

-

-

-

-

-

-

-

-

-

-

226

226

226

226

0

0

0

0

Origination fees received in cash

-

-1,207

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Origination fees received in cash

-

-

-

-

-

-

-

-

4,604

-

3,333

3,092

1,570

441

0

0

0

-

-

-

-

Development property and bridge investments

135,132

156,107

179,443

169,115

171,406

258,604

249,610

245,541

235,640

152,681

120,446

101,042

68,330

45,094

48,980

44,040

51,258

40,707

0

0

0

Operating property loans

-

-

-

-

-

-

-

-

-

-

-

-

-

429

13,846

20,446

23,169

23,004

0

0

0

Funding of other loans

-

483

-52

4,069

4,462

4,602

5,196

2,282

2,677

10,504

16,928

21,094

23,674

15,978

10,388

5,015

1,647

1,191

0

0

0

Repayments of investment portfolio investments

-

362

16,497

30,151

33,386

33,047

21,678

18,531

20,656

27,513

32,283

21,776

21,897

15,037

0

0

0

-

-

-

-

Repayments of other loans

4,401

207

206

843

758

1,174

1,832

7,162

14,671

19,332

19,907

17,979

10,448

5,369

0

0

0

-

-

-

-

Net cash used in investing activities

-160,564

-164,422

-175,525

-151,103

-150,248

-244,830

-241,166

-229,713

-211,126

-121,606

0

0

0

-

-

-

-

-

-

-

-

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-59,150

-70,597

-59,198

0

0

0

Cash flows from financing activities:
Cash received from Credit Facility, net of issuance costs

166,173

160,802

120,923

58,918

27,897

31,005

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Cash received from term loans, net of issuance costs

-

15,990

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Borrowings on senior loan participations

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

Senior loan participations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

Deferred financing costs

-

-

-

-

-

-

-

-

0

-

-452

2,057

2,444

2,357

0

0

0

-

-

-

-

Stock repurchase

432

469

468

488

366

333

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net proceeds from issuance of common stock

50,486

38,122

0

0

0

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

Costs related to the future issuance of common stock

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

Dividends paid on preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

Dividends paid on common stock

30,677

29,891

28,885

27,871

25,722

23,623

21,829

20,073

18,166

16,249

13,353

10,457

9,465

8,488

0

0

0

-

-

-

-

Net cash provided by financing activities

180,493

172,619

150,464

120,540

146,027

212,873

234,336

177,350

202,677

104,781

0

0

0

-

-

-

-

-

-

-

-

Net change in cash and cash equivalents

3,481

-5,437

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends paid on common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,296

0

0

0

Net cash provided by (used in) financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-7,125

103,938

106,095

0

0

0

Net change in cash and cash equivalents

-

-

-

-

-

-

-

-

-13,014

-

41,990

85,505

-549

23,514

-55,971

-73,420

28,800

43,858

0

0

0

Dividends declared

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Contribution of assets to real estate venture

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Series A Preferred Stock [Member]
Net proceeds (offering costs) from issuance of preferred stock

-

-

-

-

-

84,931

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Dividends paid on preferred stock

9,226

9,080

8,713

8,199

6,889

5,032

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Series B Preferred Stock [Member]
Net proceeds (offering costs) from issuance of preferred stock

-

-103

-126

-164

1,311

37,402

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Dividends paid on preferred stock

2,752

2,752

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-