Monmouth real estate investment corporation (MNR)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10
CASH FLOWS FROM OPERATING ACTIVITIES
NET INCOME (LOSS)

-68,314

9,625

27,814

1,628

28,301

-27,943

12,160

14,571

11,644

17,630

10,262

11,730

8,424

9,853

10,192

8,231

7,131

6,938

10,187

5,175

4,818

5,423

5,204

5,593

4,757

4,290

3,864

4,180

7,643

5,706

2,825

2,233

8,260

5,366

2,722

4,047

3,833

4,814

Noncash Items Included in Net Income (Loss):
Depreciation & Amortization

12,565

12,621

11,975

11,873

11,797

11,497

10,632

10,091

9,749

9,315

8,967

8,053

7,951

7,721

7,593

6,782

6,511

6,316

6,583

5,796

5,526

5,152

4,784

4,640

4,595

4,425

3,990

3,839

3,898

3,814

-

-

-

-

-

-

-

-

Deferred Straight Line Rent

632

600

574

527

489

336

616

601

359

396

103

294

286

343

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,836

2,830

2,785

-

2,585

2,569

2,535

Amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

653

520

636

-

476

431

453

Stock Compensation Expense

114

156

210

230

215

129

95

97

111

130

183

174

166

100

619

99

101

104

165

96

96

90

90

85

85

86

86

81

81

79

271

196

62

64

65

33

33

30

Unrealized Holding (Gains) Losses Arising During the Periods

83,075

3,635

-13,988

11,609

-15,568

42,627

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on Sale of Securities Transactions

-

-

-

-

-

-

0

0

10

100

18

1,487

0

806

3,239

272

878

8

428

0

0

377

683

907

425

150

157

1,062

3,802

2,110

366

680

2,209

2,788

146

1,282

1,000

2,808

(Gain) Loss on Sale of Real Estate Investments

-

-

-

-

-

-

-1

2,098

0

5,387

0

0

0

-95

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes In:
Loss on Sale of Investment Property

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Tenant & Other Receivables

-3,812

6,114

646

-1,065

-4,997

5,398

378

-924

-4,458

3,607

579

144

-1,337

255

-1,305

100

237

898

-1,149

-114

-903

1,521

1,160

-351

-2,725

2,838

-595

-1,416

976

1,649

1,455

-1,209

60

346

196

371

-521

411

Prepaid Expenses

-49

5,250

-661

-2,856

-1,133

5,174

-882

-2,268

214

3,690

-1,923

-607

489

2,645

-960

-981

246

2,594

-703

-793

1,358

1,305

-363

-1,310

318

1,919

-451

-795

190

1,828

-1,440

-149

228

489

-465

-716

709

529

Other Assets & Capitalized Lease Costs

-1,833

453

556

-1,176

125

1,224

137

-2,194

109

-89

-56

911

-411

-428

478

34

-2,123

-203

-937

-530

-634

-257

-310

-435

-267

-72

2,403

-2,341

-1,334

385

-117

-211

-421

247

-786

142

294

-90

Accounts Payable, Accrued Expenses & Other Liabilities

665

4,572

210

-2,802

-1,775

5,286

-478

-2,802

260

3,284

3,097

-204

0

860

-4,848

-838

6,532

1,981

-1,176

-1,018

136

1,161

-2,298

294

-611

3,572

-967

-381

703

595

957

-958

1,397

285

-173

-590

1,094

44

NET CASH PROVIDED BY OPERATING ACTIVITIES

28,756

19,098

26,218

25,186

28,306

21,912

22,435

20,256

25,747

17,090

23,676

19,345

16,693

14,152

11,352

14,918

16,791

11,637

9,780

10,428

9,488

8,365

5,990

10,932

10,539

7,393

10,266

6,527

5,677

4,992

5,460

5,428

10,158

5,761

5,957

5,472

6,478

4,218

CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of Real Estate & Intangible Assets

17,911

81,513

25,558

0

0

113,406

108,484

64,873

57,545

52,500

78,561

152,289

0

56,101

69,516

70,811

20,032

50,385

42,100

37,686

44,061

68,338

23,514

0

0

73,860

14,590

9,443

-679

43,042

8,745

9,347

16,000

34,810

7,985

0

1,134

9,722

Capital Improvements

1,986

1,328

3,140

2,389

3,548

5,657

4,542

2,232

527

1,782

3,766

195

316

696

2,049

9,323

9,333

860

996

4,150

3,170

2,224

4,848

6,529

2,973

5,322

3,727

6,562

2,979

762

1,315

1,464

1,008

664

689

125

358

264

Proceeds from Sale of Real Estate Investments

-

-

-

-

-

-

0

11,583

0

10,499

0

0

0

4,125

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Return of Deposits on Real Estate

100

1,200

0

0

0

200

0

0

0

450

700

1,700

0

1,000

1,300

750

0

900

600

600

600

1,300

250

0

0

1,800

0

150

170

400

-2,401

0

0

2,553

-

-

-

-

Purchase of Noncontrolling Interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

4,138

Deposits Paid on Acquisitions of Real Estate

100

100

-400

4,850

850

700

-500

-500

-150

1,350

-830

-295

755

820

1,100

250

300

550

900

800

675

1,325

750

1,800

449

250

300

400

-200

1,550

577

0

500

500

-

-

-

0

Proceeds from Securities Available for Sale Called for Redemption

-

-

-

-

-

-

0

1

183

2,435

6,581

6,953

0

3,738

14,609

749

5,626

1,790

6,616

0

0

9,584

3,151

4,047

5,084

1,996

2,119

6,179

21,135

4,042

932

4,176

10,132

9,116

1,076

4,105

4,918

5,990

Purchase of Securities Available for Sale

-226

226

223

5,720

15,551

33,516

3,701

209

41,354

19,714

32,027

10,161

22,909

6,396

1,282

4,640

6,641

6,491

14,786

157

154

1,089

4,952

9,629

1,718

11,539

2,797

1,401

523

8,781

15,374

5,517

3,702

8,124

4,069

6,575

4,131

5,571

Collections on Loans Receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4

-

6

4

6

23

7

18

49

-24

38

6

10

NET CASH USED IN INVESTING ACTIVITIES

-19,421

-81,967

-28,521

-12,959

-19,949

-153,079

-116,227

-55,230

-99,093

-61,962

-106,243

-153,696

-23,980

-55,150

-58,040

-83,526

-30,681

-55,597

-42,719

-42,195

-47,461

-62,093

-30,663

-13,911

-61

-87,172

-19,313

-11,472

20,100

-49,687

-25,056

-12,144

-11,059

-32,379

-12,353

-3,618

-699

-13,694

CASH FLOWS FROM FINANCING ACTIVITIES
Net Repayments on Loans Payable

-5,000

-15,000

-31,187

-3,572

3,944

-60,794

28,816

3,451

24,158

10,091

-2,003

96,094

-50,000

-4,790

-

-

-62

14,938

19,939

-59

24,971

14,990

0

-22,231

-3,845

29,077

5,000

0

-10,507

22,507

5,200

-8,500

-10,955

2,594

4,572

-559

-2,182

5,756

Proceeds from Fixed Rate Mortgage Notes Payable

9,400

52,500

24,000

0

0

72,500

69,560

38,500

33,300

33,800

50,884

99,925

0

38,000

60,457

46,301

13,000

33,670

24,700

24,286

28,700

44,486

14,000

0

0

48,905

7,350

6,650

0

35,000

600

6,200

20,413

28,820

-

-

-

0

Principal Payments on Fixed Rate Mortgage Notes Payable

13,835

13,356

13,170

20,251

17,808

12,121

14,910

13,218

13,874

12,351

13,658

22,236

28,244

9,456

17,062

12,374

7,294

6,941

15,775

6,388

5,989

7,824

6,070

6,822

5,565

6,744

4,872

10,386

4,934

16,657

3,586

4,109

3,958

18,048

3,614

4,186

3,581

5,958

Repurchase of Subordinated Convertible Debentures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

5,115

25

0

0

125

25

0

0

5,050

Financing Costs Paid on Debt

98

1,980

218

1

-1

444

404

470

234

361

539

989

23

636

1,442

588

210

404

1,284

419

566

648

1,109

487

37

437

1,653

-403

-45

565

110

26

337

965

117

183

26

92

Net Distributions to Noncontrolling Interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

20

20

20

20

20

13

27

20

32

27

80

Proceeds from the Exercise of Stock Options

410

606

0

0

567

0

0

0

285

284

469

0

0

0

471

0

487

924

0

0

533

79

706

620

0

0

-

-

-

-

1,501

286

734

37

0

3

2,177

0

Redemption of 7.625% Series A Preferred Stock

-

-

-

-

-

-

-

-

-

-

0

0

0

53,493

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from Underwritten Public Offering of Common Stock, net of offering costs

0

0

0

0

0

132,338

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from At-The-Market 6.125% Series C Preferred Stock, net of offering costs

37,135

43,153

34,150

12,767

10,276

1,006

9,102

50

5,254

25,687

35,734

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from Underwritten Public Offering of Preferred Stock, net of offering costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-35

-2

18,979

Proceeds from Underwritten Public Offering of CommonStock, net of offering costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11,870

9,284

6,246

38,129

6,257

8,571

12,154

-15,585

7,424

6,301

1,859

-

-68

4,226

5,848

-

5,462

2,373

1,727

Proceeds from Registered Direct Placement of Common Stock, net of offering costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-13

16,202

-

-

-

0

Proceeds from Issuance of Common Stock in the DRIP, net of Dividend Reinvestments

7,184

11,305

12,461

12,471

14,552

17,595

18,671

15,432

20,385

22,611

22,694

21,298

18,935

18,877

18,674

16,932

15,624

12,575

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Preferred Dividends Paid

6,572

5,873

4,945

4,681

4,424

4,415

4,327

4,248

4,220

4,080

3,455

4,423

3,199

3,422

2,151

2,151

2,151

2,151

2,151

2,151

2,151

2,151

2,151

2,151

2,151

2,151

2,151

2,151

2,151

2,151

2,076

1,019

1,019

1,019

1,019

1,019

1,019

1,019

Common Dividends Paid, net of Reinvestments

15,220

12,282

12,240

11,687

11,875

11,054

10,283

10,101

10,177

10,096

9,081

9,004

8,969

9,107

8,876

8,495

8,495

7,797

6,980

6,820

6,607

6,624

6,424

5,307

5,199

4,975

4,786

4,653

4,665

4,529

4,872

6,035

6,025

4,358

4,205

4,016

3,896

3,762

NET CASH PROVIDED BY FINANCING ACTIVITIES

10,195

59,073

8,851

-14,954

-4,767

134,611

96,225

29,396

75,060

45,401

81,043

123,149

-483

-24,029

135,549

65,560

10,897

44,813

30,961

20,317

48,173

48,553

2,432

34,991

-8,227

75,827

8,321

-2,055

-15,931

30,328

-3,197

42,604

3,739

28,958

5,052

-1,566

-6,184

10,500

NET INCREASE IN CASH AND CASH EQUIVALENTS

19,530

-3,796

6,548

-2,727

3,590

3,444

2,433

-5,578

1,714

529

-1,523

-11,201

-7,770

-65,026

88,862

-3,047

-2,992

853

-1,977

-11,449

10,200

-5,174

-22,240

32,012

2,250

-3,951

-725

-7,000

9,846

-14,366

-22,793

35,888

2,838

2,340

-1,343

286

-405

1,023