Landmark infrastructure partners lp (LMRKP)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12
Operating activities
Net income (loss)

21,606

115,821

19,276

9,921

1,205

-

-

-

Net income (loss)

-

-

-

-

-

2,530

5,647

1,164

Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Unit-based compensation

130

70

105

105

105

18

-

-

Unrealized loss on derivatives

-7,327

1,010

1,675

2,306

-446

-643

-

-

Loss on early extinguishment of debt

-

-157

-

-1,703

-1,872

-2,905

-

-

Unrealized loss on derivatives

-

-

-

-

-

-

1,493

-1,016

Amortization expense

14,235

16,152

13,537

11,191

8,651

6,258

-

-

Amortization expense

-

-

-

-

-

-

4,464

1,452

Amortization of above- and below- market lease, net

-890

-1,226

-1,226

-1,338

-1,467

-936

-630

-

Amortization of above- and below- market lease

-

-

-

-

-

-

-

229

Amortization of deferred loan costs

2,725

3,435

2,203

1,701

1,902

1,842

1,107

254

Amortization of discount on secured notes

372

374

34

2

-

-

-

-

Receivables interest accretion

9

3

7

36

33

52

68

49

Impairments

2,288

1,559

848

1,275

3,902

259

1,005

183

Gain on sale of real property interests

17,985

99,884

-5

374

237

-

-

-

Allowance for investments in receivables

-

-

-

-

-

4

25

-

Adjustment for uncollectible accounts

126

60

215

182

-

-

0

1

Equity (income) loss from unconsolidated joint venture

398

59

-

-

-

-

-

-

Return on investment in unconsolidated joint venture

3,383

-

-

-

-

-

-

-

Foreign currency transaction loss

2,433

6

-

-

-

-

-

-

Changes in operating assets and liabilities:
Rent receivables

287

238

1,980

1,217

1,182

124

-75

217

Accounts payable and accrued liabilities

2,841

-1,009

-879

911

1,279

746

204

785

Deferred rent

-600

-235

358

514

338

285

210

126

Prepaid rent

-318

-853

-590

101

-1,612

-1,036

-926

-869

Due from Landmark and affiliates

-165

186

217

1,369

-914

381

111

-1,167

Other assets

6,987

4,223

2,432

1,009

848

399

-

-

Net cash provided by operating activities

31,663

31,256

28,473

21,465

-

-

-

-

Investing activities
Net cash provided by operating activities

-

-

-

-

15,955

14,826

11,165

3,934

Acquisition of land

12,790

15,810

24,778

78,032

8,917

-

1,301

406

Acquisition of real property interests and development activities

87,063

86,817

112,315

70,958

-

-

-

-

Acquisition of real property interests and construction activities

-

-

-

-

126,234

-

-

-

Acquisition of real property interests

-

-

-

-

-

6,298

27,209

53,853

Proceeds from sale of real property interests

46,383

63,986

174

1,789

378

-

-

-

Acquisition of receivables

-

-

4,389

10,172

142

-

-

9,961

Repayments of receivables

564

1,108

1,180

905

704

752

702

267

Net cash used in investing activities

-52,906

-37,533

-140,128

-156,468

-

-

-

-

Financing activities
Net cash used in investing activities

-

-

-

-

-134,211

-5,546

-27,809

-63,953

Proceeds from the issuance of Common Units, net

-

437

4,109

59,990

46,942

42,731

-

-

Proceeds from the issuance of Preferred Units, net

4,993

47,911

31,891

63,649

-

-

-

-

Proceeds from the issuance of non-controlling interests, net

-

-

201

-

-

-

-

-

Proceeds from issuance of subordinated units to Landmark

-

-

-

-

-

39,273

-

-

Proceeds from revolving credit facility

151,931

120,000

133,500

230,800

210,200

75,000

-

-

Proceeds from the issuance of secured notes

-

169,128

78,155

116,583

-

-

-

-

Principal payments on revolving credit facility

76,500

269,000

54,000

239,299

51,200

1,000

-

-

Principal payments on secured notes

8,363

6,408

1,747

583

-

-

-

-

Payments on finance leases

7

-

-

-

-

-

-

-

Proceeds from secured debt facilities

-

-

-

-

34,767

56,456

59,202

67,301

Principal payments on secured debt facilities

-

-

-

76,235

71,585

96,352

-

-

Principal payments on secured debt facilities

-

-

-

-

-

-

1,024

-

Deferred loan costs

320

10,128

4,338

4,345

1,873

5,357

3,233

2,755

Capital contribution to fund general and administrative expense reimbursement

3,822

2,560

3,569

2,678

1,477

-

-

-

Contribution from Contributing Landmark Funds members

-

-

-

-

-

-

500

52,418

Distributions to Contributing Landmark Funds

-

-

-

-

-

67,282

25,716

-

Distributions to limited partners

-

-

-

-

-

-

-

32,197

Distributions to non-controlling interests

31

27

19

-

-

-

37,294

-340

Consideration received paid to General Partner associated with Drop-down Acquisitions

-

-20,394

-18,629

9,806

-38,002

-53,475

-

-

Net cash provided by (used in) financing activities

26,460

-13,652

133,981

138,649

-

-

-

-

Net cash provided by financing activities

-

-

-

-

119,929

-10,006

-7,566

85,107

Effect of changes in foreign currency exchange rates on cash, cash equivalents and restricted cash

68

-151

-28

-68

-

-

-

-

Net increase in cash, cash equivalents and restricted cash

5,285

-20,080

22,298

3,578

-

-

-

-

Net increase in cash and cash equivalents

-

-

-

-

1,673

-726

-24,210

25,089