| Dec'19 | Dec'18 | |||||
|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES | ||||||
Net Loss | ||||||
-3,804 | -2,991 | |||||
Adjustments to reconcile consolidated net loss to net cash used in operating activities | ||||||
Depreciation | ||||||
2,025 | 1,461 | |||||
Amortization | ||||||
748 | 581 | |||||
Loan cost amortization | ||||||
221 | 166 | |||||
Amortization of tenant inducements | ||||||
17 | 11 | |||||
Above (below) market lease amortization, net | ||||||
85 | 136 | |||||
Loss on disposition of FF&E | ||||||
-983 | 0 | |||||
Share-based compensation | ||||||
61 | 790 | |||||
Loss on impairment | ||||||
0 | -191 | |||||
Changes in assets and liabilities | ||||||
Rent and other receivables, net | ||||||
40 | -13 | |||||
Unbilled rent | ||||||
-201 | -207 | |||||
Other assets | ||||||
30 | 151 | |||||
Accounts payable and accrued liabilities | ||||||
738 | -423 | |||||
Net cash used in operating activities | ||||||
805 | -420 | |||||
CASH FLOWS FROM INVESTING ACTIVITIES | ||||||
Investment property acquisitions | ||||||
32,794 | 4,012 | |||||
Capital expenditures | ||||||
2,135 | 986 | |||||
Advance deposits | ||||||
- | 423 | |||||
Net cash used in investing activities | ||||||
-34,930 | -5,422 | |||||
CASH FLOWS FROM FINANCING ACTIVITIES | ||||||
Dividends and distributions paid | ||||||
2,436 | 1,213 | |||||
Investment of noncontrolling interests | ||||||
- | 648 | |||||
Proceeds from line of credit, short term | ||||||
2,000 | - | |||||
Proceeds from issuance of related party notes payable, short term | ||||||
852 | - | |||||
Repayment of related party notes payable, short term | ||||||
- | 2,177 | |||||
Loan issuance costs from line of credit, short term | ||||||
30 | - | |||||
Proceeds from mortgages payable, net | ||||||
23,442 | 250 | |||||
Repayment of mortgages payable | ||||||
180 | 127 | |||||
Proceeds from sales of common stock, net of offering costs | ||||||
8,427 | 9,289 | |||||
Net cash provided by (used in) investing activities | ||||||
32,076 | 6,669 | |||||
INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH | ||||||
-2,048 | 825 | |||||