KIMCO REALTY CORP KIM Cash Flow

Kimco realty corp (KIM)

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	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09
Cash flow from operating activities:
Net income
90,389	110,043	85,453	101,387	116,678	87,947	100,725	165,809	143,982	84,566	122,216	154,674	78,215	80,686	-41,548	204,846	142,154	378,711	81,084	127,609	312,739	50,761	197,309	91,950	95,860	60,385	57,188	53,272	70,508	91,655	57,085	72,387	59,148	50,159	58,595	41,314	32,022	46,676	32,988	27,277	54,710	52,491	-55,437	-32,785	41,792
Depreciation and amortization
69,397	68,439	68,874	69,005	71,561	74,266	74,972	79,760	81,382	85,024	88,443	95,270	92,074	90,884	96,827	82,753	84,856	86,095	103,708	80,155	74,569	73,179	70,618	67,630	61,666	66,435	64,378	64,269	62,773	64,778	66,773	66,306	64,885	62,327	60,526	61,954	66,332	62,603	61,863	61,581	61,590	59,723	56,639	55,274	56,140
Impairment charges
3,000	7,543	19,574	17,451	4,175	45,307	3,381	22,873	7,646	33,051	2,944	29,719	1,617	25,140	10,073	52,213	5,840	17,475	6,058	15,458	6,473	-	-	-	6,893	23,065	85,607	78,317	3,229	-	-	25,007	9,563	16,087	4,324	9,574	2,778	26,340	990	6,602	5,189	-	-	-	-
Loss on operating/development properties held for sale/sold/transferred
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-415	8	0	-73	8	-509	111	24	89
Equity award expense
5,905	5,175	4,741	4,807	5,477	3,766	4,032	5,241	5,182	3,727	4,061	4,144	9,631	3,779	3,740	3,675	7,877	3,153	3,158	3,760	8,394	3,414	3,249	3,077	8,139	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of properties
3,847	31,836	9,025	14,762	23,595	49,379	28,250	95,240	56,971	31,436	40,533	19,883	1,686	10,950	9,772	41,218	30,883	44,410	29,766	26,676	32,055	-	-	-	9,337	21,670	24,413	1,869	3,577	49,773	13,278	19,339	11,979	8,713	4,534	4,024	164	-	-	-	-	7,536	-3,095	922	-697
Gain on sale of operating properties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	337	3,586	-1,793	9,227	-3,716	2,668	-2,428
Gain on change in control of joint venture interests
-	-	-	-	-	-	-	-	-	0	0	60,972	10,188	4,290	6,584	46,512	0	3,091	6,342	0	139,801	23,462	-14,513	94,542	3,744	0	0	-1,459	23,170	1,399	0	12,148	2,008	-	-	-	-	-	-	-	-	-	-	-	-
Equity in income
-	-	-	-	-	-	-	-	-	-	9,142	13,169	14,733	28,559	11,537	108,685	69,933	349,587	10,894	22,364	97,550	-	-	-	53,261	28,898	96,175	59,505	24,111	23,309	24,497	30,352	34,738	13,657	19,641	17,824	12,345	-	-	-	14,919	9,626	-8,946	15,271	-9,642
Equity in income from other real estate investments, net
-	-	-	-	-	-	-	-	-	-	19,909	38,356	3,687	5,241	3,774	7,959	10,799	4,854	11,319	5,548	14,369	-	-	-	3,353	1,226	10,547	8,200	11,163	18,057	10,237	14,076	11,027	16,690	24,788	4,831	5,504	2,840	15,053	35,761	-14,012	-	-	-	-
Distributions from joint ventures and other real estate investments
35,894	14,937	18,082	32,334	28,524	23,726	13,895	32,344	34,661	17,118	13,393	14,420	13,258	20,546	16,014	27,299	26,730	31,764	28,423	25,966	40,110	68,903	60,935	57,003	68,691	46,688	129,117	38,924	43,321	43,389	35,094	55,174	60,453	54,453	51,461	27,391	29,743	73,826	24,870	33,681	30,483	46,432	34,305	25,557	30,403
Cash retained from excess tax benefits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-32	-37	-	-	-	-	-	-	-	-
Change in accounts and notes receivable
1,526	27,252	9,067	-1,281	-878	1,088	2,989	-4,082	-5,224	7,745	5,105	853	-5,769	10,350	-1,228	-1,304	-1,247	2,495	-5,011	-598	5,981	11,228	-990	3,621	-5,799	4,201	-272	-4,112	-7,030	8,309	7,071	-4,757	-13,563	14,089	732	-4,501	8,951	3,993	10,976	3,196	-777	29,007	-9,633	11,943	-11,439
Change in accounts payable and accrued expenses
5,456	-33,126	37,897	-11,219	2,837	-35,247	31,211	-15,510	10,371	-33,467	48,390	-18,391	7,885	-31,817	28,628	-13,566	8,869	-38,539	39,084	-12,366	11,985	-36,384	36,583	-13,634	12,340	-58,887	62,298	-11,522	18,277	-46,196	34,801	-17,101	17,215	-40,908	38,448	-20,199	14,577	-40,887	36,058	-15,508	36,148	-33,286	27,806	-15,437	25,018
Change in other operating assets and liabilities
24,787	-3,801	26,696	6,211	26,299	4,145	23,771	10,995	12,309	11,608	16,629	3,621	21,103	10,011	18,087	8,348	29,002	11,460	30,045	24,509	1,424	26,835	21,458	11,673	8,180	52,259	-588	43,614	-6,768	21,051	9,682	12,057	8,201	-4,303	11,579	-3,584	4,024	11,681	45,249	-15,621	-13,441	124,489	-47,340	12,846	-10,213
Net cash flow provided by operating activities
155,249	101,169	168,930	158,271	155,258	121,605	164,345	159,707	192,279	120,365	193,782	142,982	157,052	147,570	228,679	78,891	136,956	31,059	176,647	122,905	163,090	119,338	183,908	144,584	181,513	36,194	268,313	115,643	149,885	71,464	132,158	118,558	156,874	80,698	152,080	100,993	114,842	121,731	128,470	86,548	143,186	81,634	123,996	83,047	114,905
Cash flow from investing activities:
Acquisition of operating real estate
7,073	1,957	0	0	0	0	2,070	0	3,337	43,052	54,766	17,646	38,390	21,642	85,747	84,365	11,436	41,801	33,301	49,098	537,223	2,700	19,968	266,839	95,321	171,864	37,120	80,586	64,717	103,582	71,532	125,240	142,187	98,932	89,949	41,262	38,139	77,370	52,820	25,377	26,915	296,428	82,897	-35,622	30,798
Improvements to operating real estate
54,973	96,792	88,164	88,520	51,345	97,429	66,065	86,996	40,384	70,266	55,254	51,227	30,053	41,405	31,751	37,467	32,866	54,930	39,098	42,754	29,888	38,062	40,858	30,885	21,990	28,787	28,993	30,938	18,559	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of real estate under development
-	-	-	-	-	0	0	0	4,592	0	0	0	10,010	0	810	37,883	12,895	13,281	3,074	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Improvements to real estate under development
16,578	33,232	28,113	31,210	26,286	60,859	53,736	66,459	54,934	38,493	30,035	47,295	44,434	30,717	23,594	13,115	5,333	7,939	4,560	2,341	2,021	264	47	45	62	50	215	216	110	-	-	-	47	10,957	10,284	9,753	6,902	8,003	6,304	13,292	14,376	26,925	124,574	-46,583	38,367
Investments in marketable securities
0	0	87	0	157	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,889	0	0	4,556	0	0	0	33,588	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of marketable securities
163	103	1,769	112	39	280	548	0	129	704	596	1,389	457	30	57	0	1,850	4,608	12,244	58,618	700	0	3,561	0	219	15,606	42	10,594	164	0	38	34	84	9,713	11	169,745	8,534	24,119	613	1,270	4,453	10,001	53,158	9,915	7,512
Investments in and advances to real estate joint ventures
5,282	5,536	5,915	10,576	5,638	10,358	10,541	9,343	5,897	8,503	4,084	5,830	16,874	36,395	23,898	8,655	17,505	3,656	30,805	27,428	29,720	34,243	12,958	27,656	18,988	7,056	49,591	198,750	41,153	60,764	37,879	81,152	40,090	80,948	19,528	22,753	48,466	23,914	64,488	29,515	20,879	17,755	98,516	-46,768	40,438
Reimbursements of investments in and advances to real estate joint ventures
1,914	11,485	7,572	1,267	1,435	13,769	2,130	2,797	2,431	38,310	1,736	2,270	13,523	987	14,238	28,104	28,327	-4,688	57,361	33,781	7,599	78,231	30,602	60,097	53,660	30,413	114,562	274,228	20,958	51,869	55,964	37,756	42,267	18,635	19,414	11,744	13,736	9,916	51,093	13,615	10,581	179,558	-62,288	-17,622	-75
Distributions from liquidation of real estate joint ventures
-	-	-	-	-	-	-	-	-	-	-	-	-	2,827	-357	85,103	50,902	319,191	1,192	0	53,450	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Return of investment from liquidation of real estate joint ventures
-	-	-	-	-	-	-	-	-	-	-	-	-	1,800	40,806	109,296	40,000	62,558	5,225	0	20,889	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investments in and advances to other real estate investments
478	-	-	-	6,771	-	-	-	-	0	97	455	114	0	0	43	190	96	87	219	239	487	2,479	1,054	318	78	261	409	22,818	1,423	92	1,570	2,553	1,733	1,516	2,629	1,080	-	-	-	-	25,670	-14,003	-2,529	3,309
Reimbursements of investments in and advances to other real estate investments
-	-	-	-	-	2,414	20,908	-9,100	-1,344	81,223	-763	-35,972	-3,779	470	-1,014	-7,554	-2,921	-26,114	8,445	-4,941	-17,946	-3,331	-74	-9,662	-3,245	-10,594	-18,357	-150	-1,050	-7,083	-19,731	-882	-6,024	-18,345	-29,950	-10,687	-9,899	-24,320	-467	-3,375	-2,699	-9,055	-1,800	-3,896	-3,481
Other real estate investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,614	-	7,570	3,599	-4,118
Investment in mortgage loans receivable
0	-	-	-	48	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	452	5,960	5,057	-	-	-	-	-	-	-	-	7	125	102	2,511	3,110	4,937	-572	182
Collection of mortgage loans receivable
40	5,047	51	5,191	160	14,853	2,019	5,092	335	645	246	271	243	233	227	230	231	2,182	2,234	50,437	292	595	592	166	6,949	15,292	5,121	2,757	6,022	38,987	14,880	8,098	1,635	4,416	11,562	2,152	1,018	1,322	519	21,474	4,272	11,811	26,813	4,502	5,277
Investment in other investments
-	-	-	-	-	500	4	51	302	-	-	-	-	-	-	-	-	0	0	0	190,278	-	-	-	-	0	0	0	21,366	0	162	326	436	0	0	615	115	52	2,990	840	122	-	-	-	-
Reimbursements of other investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-8,712	0	-463	-2,015	-387	-916	-8,235	-8,994	-208	-10,553	-361	0	-8,698	-81	-13	-8,835	4,229	-3,165	2,836
Reimbursements of other investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	129	3,746	1,060
Proceeds from sale of operating properties
13,264	161,081	56,417	34,713	72,069	158,229	123,721	288,148	184,633	104,452	10,066	10,305	56,498	41,892	47,850	135,613	79,245	198,586	55,112	102,295	81,037	309,644	141,367	90,401	71,336	137,879	137,576	93,275	17,114	172,365	71,067	111,518	94,589	70,053	26,070	38,990	533	17,269	46,154	168,692	6,631	8,005	13,130	7,121	6,569
Proceeds from sale of development properties
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	4,551	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	37,122	0	0	7,373	801	752	0	6,276	3,227	6,927	0	12,132
Proceeds from insurance casualty claims
2,450	1,000	1,000	1,000	1,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash flow used for investing activities
-66,553	40,886	-60,788	-84,977	-15,542	22,890	2,604	148,725	79,426	-16,008	-130,829	-82,068	-65,375	-82,860	-63,106	183,547	127,802	486,848	13,998	127,975	-607,456	198,798	99,886	-166,153	-5,826	1,949	167,738	64,145	-161,597	79,050	14,833	-112,404	-32,479	-100,309	-34,062	166,859	-53,248	-36,187	-30,920	136,503	-31,492	-288,274	-67,283	92,145	-79,824
Cash flow from financing activities:
Principal payments on debt, excluding normal amortization of rental property debt
-75,681	-341	0	-2,974	-3,224	-2,021	-27,516	-13,662	-161,547	-8,178	-215,367	-404,472	-59,100	-98,774	-368,776	-132,098	-101,205	-111,477	-135,422	-259,442	-49,286	-29,699	-64,464	-160,961	-72,839	-123,854	-66,286	-49,668	-16,538	-72,710	-11,793	-119,264	-81,048	-	-	-	-	-13,066	-166,161	-34,928	-12,000	-	-	-	-
Principal payments on rental property debt
2,742	2,947	3,086	3,042	3,137	3,088	3,173	3,367	3,485	3,678	3,379	3,585	4,544	3,723	4,936	4,409	5,971	6,180	7,824	7,473	7,155	5,743	6,038	5,370	5,690	5,540	6,170	5,813	6,281	5,545	5,934	5,339	6,312	5,590	5,874	5,314	5,942	5,309	6,273	5,719	6,344	4,800	12,907	-4,504	3,775
Principal payments on construction loan financings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,019	137	137	135	127	0	0	30,256	-	-	-	10,059
Proceeds from construction loan financing
0	7,276	1,603	3,849	3,300	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	18,600	12,000	5,374	8,500	0	0	6,276	6,661	4,662	7,638	1,385	0	11,644	411	1,905	29,406	19,169	341,172	43,474
Proceeds under the unsecured revolving credit facility, net
475,000	0	65,000	35,000	0	-	-	-	-	-17,101	-450,000	465,000	-15,042	-200,002	126,428	-79,981	180,000	-425,000	200,000	85,000	40,000	-150,000	-87,414	10,772	132,288	41,301	-36,110	-312,966	250,000	235,117	-338	-40,650	-185,570	98,811	114,751	-166,139	64,714	-	-	-	-	-	-	-	-
Borrowings under revolving unsecured credit facilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	539	594	40,720	140,022	0	0	211,858
Repayment of borrowings under unsecured revolving credit facilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	21,874	10,000	573	925	1,016,594	-89,303	356
Proceeds from issuance of unsecured notes
-	-	-	-	-	-	-	-	-	0	850,000	0	400,000	750,000	500,000	150,000	0	500,030	0	0	1,000,000	-	-	-	-	0	193,444	350,000	78,118	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments under unsecured notes/term loan
-	-	-	-	-	-	-	-	-	89,012	210,988	0	250,000	400,000	561,850	0	300,000	150,000	100,000	0	500,000	-	-	-	-	100,000	193,492	74,916	178,309	-	-	-	-	-	-	-	-	-	-	-	-	0	445,276	-146,575	130,000
Financing origination costs
5,145	259	7,441	4	3	13	1,197	0	11	330	8,039	5,031	9,905	11,646	9,336	4,606	91	7,880	919	1,057	9,161	0	0	6,067	5,844	677	1,268	4,937	1,159	234	513	1,233	158	10,623	453	112	290	318	3,429	1,521	62	783	13,956	-2,028	1,019
Payment of early extinguishment of debt charges
0	0	0	760	771	-	-	-	-	170	1,753	120	588	0	45,674	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in tenants' security deposits
-	-	-	-	-	-	-	-	-	-	-	-	316	-	277	369	594	111	690	48	1,267	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contributions from noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	656	105,498	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Redemption/distribution of noncontrolling interests
20,926	-	-	-	773	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Redemption/distribution of noncontrolling interests
-	-	-	-	-	-	-	-486	-4,968	-	-80,715	-12,603	-2,092	-9,404	-618	-2,572	0	-	-	-	-	-	-	-	-	-2,902	0	-24,682	-2,502	-16,447	-18,320	-5,636	-1,912	-2,792	-14,188	0	-9,702	-9,015	-8,173	-50,454	-13,210	-16,463	-16,758	1,784	-346
Dividends paid
127,255	130,285	136,054	132,705	132,521	132,524	132,521	134,470	130,241	124,990	128,389	126,478	126,315	119,933	118,654	118,428	117,030	115,088	113,722	113,623	113,400	-	-	-	106,762	100,600	100,590	101,420	97,744	97,630	100,785	92,149	92,158	88,090	88,094	88,079	89,501	76,772	76,754	76,732	76,706	34,425	322,818	-157,316	131,097
Cash retained from excess tax benefits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-32	-37	-	-	-	-	-	-	-	-
Proceeds from issuance of stock, net
981	200,661	1,540	1,130	681	104	457	0	33,144	222,196	217,777	412	561	586	150,296	45,102	111,411	3,141	2,095	3,214	10,258	7,787	3,751	9,033	3,303	1,167	1,101	22,170	5,772	171,646	230,693	2,408	392,001	1,705	2,074	2,034	724	6,720	170,757	149	211	345,907	717	717,776	44
Repurchase of common stock
-	-	-	-	-	0	0	50,850	24,276	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	1,988	2,862	26,096	-	-	-	-	-	-	-	-	-	-	-	-
Change in other financing liabilities
-5,079	122	44	-183	-3,176	250	-581	-3,676	-521	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash flow provided by/(used for) financing activities
239,153	-159,418	-80,823	-102,976	-139,624	-147,300	-326,140	-221,168	-291,905	-22,432	-49,464	-85,269	-66,709	-92,769	-332,843	-146,623	-232,292	-509,286	-155,564	-326,025	478,021	-285,004	-321,787	-55,159	-55,544	-291,105	-190,771	-190,232	36,731	-438,168	-101,191	135,275	5,023	-47,705	-81,887	-271,823	-38,710	-118,506	-74,717	-225,205	-96,315	187,941	-264,605	23,475	-21,276
Net change in cash and cash equivalents
327,849	-17,363	27,319	-29,682	92	-2,805	-159,191	87,264	-20,200	81,925	13,489	-24,355	24,968	-28,059	-167,270	115,815	32,466	8,621	35,081	-75,145	33,655	33,132	-37,993	-76,728	120,143	-252,962	245,280	-10,444	25,019	-287,654	45,800	141,429	129,418	-67,316	36,131	-3,971	22,884	-32,962	22,833	-2,154	15,379	-18,699	-48,168	38,943	13,805
Interest paid during the period including payment of early extinguishment of debt charges of $0 and $771, respectively (net of capitalized interest of $4,364 and $3,137 respectively)
25,383	57,802	24,603	59,595	27,026	58,330	44,397	67,890	29,084	73,419	22,430	72,020	24,286	58,248	82,473	72,253	39,508	82,325	38,043	75,018	37,564	71,926	33,228	71,499	30,979	73,453	33,899	71,481	37,425	76,799	36,565	76,800	36,611	74,892	37,329	64,926	43,123	73,931	49,896	87,996	30,210	73,438	33,487	71,178	26,569
Income taxes (received)/paid during the year (net of refunds received of $3,452, $1,007 and $16,118, respectively)
-	-	-	-	-	-	-	-	-	-	-	-	-	-28,206	-60,343	70,679	23,960	78,685	10,852	6,774	4,055	10,348	2,479	898	9,567	32,598	442	687	111	152	386	958	626	544	1,211	738	113	2,249	-154	866	317	817	484	3,748	33
Joint Ventures [Member]
Equity in income
13,600	13,200	17,700	22,500	18,800	19,100	16,500	19,087	16,913	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Real Estate Investments [Member]
Equity in income
10,958	3,318	3,265	13,269	6,224	4,462	5,045	9,617	9,976	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-