| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 |
|---|---|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES | ||||||||
Net Loss | ||||||||
-4,797 | -3,804 | 0 | 0 | 0 | - | - | - | - |
Adjustments to reconcile consolidated net loss to net cash used in operating activities | ||||||||
Depreciation | ||||||||
2,389 | 2,025 | 1,662 | 1,604 | 1,562 | 1,461 | 0 | 0 | 0 |
Amortization | ||||||||
0 | - | 0 | 0 | 0 | - | 0 | 0 | 0 |
Loan cost amortization | ||||||||
261 | 221 | 177 | 170 | 169 | 166 | 0 | 0 | 0 |
Mandatorily redeemable preferred stock discount amortization | ||||||||
0 | - | - | - | - | - | - | - | - |
Mandatorily redeemable preferred stock issuance cost amortization | ||||||||
0 | - | - | - | - | - | - | - | - |
Amortization of tenant inducements | ||||||||
17 | 17 | 17 | 17 | 15 | 11 | 0 | 0 | 0 |
Decrease (increase) in fair value - interest rate caps | ||||||||
- | - | - | - | - | - | 0 | 0 | 0 |
Above (below) market lease amortization, net | ||||||||
57 | 85 | 109 | 126 | 131 | 136 | 0 | 0 | 0 |
Share-based compensation | ||||||||
0 | - | - | - | - | - | - | - | - |
Changes in assets and liabilities | ||||||||
Rent and other receivables, net | ||||||||
51 | 40 | -96 | -68 | -11 | -13 | 0 | 0 | 0 |
Unbilled rent | ||||||||
-160 | -201 | -258 | -320 | -274 | -207 | 0 | 0 | 0 |
Prepaid expenses | ||||||||
- | - | - | - | - | - | 0 | 0 | 0 |
Other assets | ||||||||
51 | 30 | 0 | 0 | 0 | - | - | - | 0 |
Accounts payable and accrued liabilities | ||||||||
601 | 738 | 44 | 201 | -52 | -423 | 0 | 0 | 0 |
Net cash used in operating activities | ||||||||
737 | 805 | -491 | 143 | -112 | -420 | 0 | 0 | 0 |
CASH FLOWS FROM INVESTING ACTIVITIES | ||||||||
Capital expenditures | ||||||||
1,893 | 2,135 | 1,701 | 1,612 | 1,345 | 986 | 0 | 0 | 0 |
Advance deposits | ||||||||
- | - | 0 | 0 | 0 | - | - | - | - |
Net cash used in investing activities | ||||||||
-34,315 | -34,930 | -28,240 | -2,662 | -6,154 | -5,422 | 0 | 0 | 0 |
CASH FLOWS FROM FINANCING ACTIVITIES | ||||||||
Dividends and distributions paid | ||||||||
3,030 | 2,436 | 0 | 0 | 0 | - | - | - | - |
Proceeds from line of credit, short term | ||||||||
0 | - | - | - | - | - | - | - | - |
Repayment of line of credit, short term | ||||||||
0 | - | - | - | - | - | - | - | - |
Repayment of related party notes payable, short term | ||||||||
0 | - | - | - | - | 2,177 | 0 | 0 | 0 |
Repayment of mortgages payable | ||||||||
198 | 180 | 0 | 0 | 0 | - | - | - | - |
Proceeds from sale of mandatorily preferred stock, net of capitalized offering costs | ||||||||
0 | - | - | - | - | - | - | - | - |
Proceeds from sales of common stock, net of offering costs | ||||||||
- | 8,427 | 10,349 | 10,311 | 1,559 | 9,289 | 0 | 0 | 0 |
Net cash provided by (used in) investing activities | ||||||||
33,160 | 32,076 | 28,980 | 8,480 | 1,068 | 6,669 | 0 | 0 | 0 |
INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH | ||||||||
-416 | -2,048 | 248 | 5,961 | -5,198 | 825 | 0 | 0 | 0 |
Interest paid, net of interest rate cap offsetting receipts | ||||||||
- | - | - | - | - | - | - | - | 0 |
Short term receivable in lieu of proceeds from sale of common stock | ||||||||
- | - | - | - | - | - | - | - | 0 |