Nexpoint residential trust, inc. (NXRT)
CashFlow / TTM
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'14
Cash flows from operating activities
Net income (loss)

131,850

99,438

107,962

-16,402

-16,081

-1,614

-1,175

58,161

69,757

56,359

60,878

15,627

22,293

25,888

23,767

14,052

-4,808

-10,992

0

0

0

-

-

-

-

Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Gain on sales of real estate

0

-

-

-

-

13,742

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

77,026

69,086

59,524

53,524

51,496

47,470

46,524

46,511

47,681

48,752

45,146

42,598

38,474

35,643

36,369

36,837

38,803

40,801

0

0

0

-

-

-

-

Amortization/write-off of deferred financing costs

4,277

3,502

3,418

2,739

2,726

3,062

2,941

2,866

3,234

2,998

2,890

2,495

2,329

2,121

2,054

1,524

1,098

1,081

940

778

601

320

0

0

0

Change in fair value on derivative instruments included in interest expense

-5,236

-6,442

-6,967

-6,441

-5,453

-3,948

-2,315

-742

513

1,311

258

160

-201

-646

435

126

174

286

0

0

0

-

-

-

-

Net cash received on derivative settlements

5,769

6,842

6,949

6,375

5,311

3,832

674

-286

-806

-921

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Interest payable on derivative instruments

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization/write-off of fair market value adjustment of assumed debt

-175

-148

-122

-95

-142

-169

-196

-224

-206

-206

-207

-198

-174

-150

-126

-110

-110

-110

0

0

0

-

-

-

-

Vesting of stock-based compensation

5,360

5,130

5,039

4,843

4,353

4,198

3,797

3,526

3,416

3,109

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Casualty gain

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Noncash contributions to predecessor

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,277

0

0

0

-

-

-

-

Changes in operating assets and liabilities, net of effects of acquisitions:
Operating assets

-2,761

350

2,391

-1,023

1,075

-209

-452

-218

-1,417

-1,150

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Operating liabilities

710

-1,496

4,522

2,464

1,200

2,445

1,924

1,709

-259

3,319

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Accounts receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

307

-

0

0

0

-

-

-

-

Prepaid and other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

277

-

0

0

0

-

-

-

-

Accounts payable and other accrued liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1,493

-

0

0

0

-

-

-

-

Net cash provided by operating activities

59,084

51,366

50,234

48,030

42,312

41,743

40,459

40,612

33,072

37,506

34,994

27,579

32,405

33,776

43,798

46,324

41,060

34,514

0

0

0

-

-

-

-

Cash flows from investing activities
Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

-

-

-

-

Net proceeds from sales of real estate

0

-

-

-

-

29,553

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid acquisition costs

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Insurance proceeds paid for casualty losses

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Insurance proceeds received for casualty losses

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

-

-

-

-

Additions to real estate investments

50,866

44,159

31,863

29,200

26,842

26,775

27,714

24,759

23,129

21,742

23,514

24,166

23,587

24,344

27,845

34,467

38,811

39,432

0

0

0

-

-

-

-

Acquisitions of real estate investments

-

797,349

0

0

0

-

-

-

-

197,649

0

0

0

-

-

-

1,010,799

243,894

0

0

0

-

-

-

-

Net cash provided by (used in) investing activities

-349,140

-553,129

-308,289

-302,018

-289,671

-135,248

-186,577

86,931

57,771

5,025

-90,151

-179,035

-80,110

-51,904

90,549

-33,872

-121,846

-283,000

0

0

0

-

-

-

-

Mortgage proceeds received

-

423,149

0

0

0

-

-

-

-

613,213

0

0

0

-

-

-

-

183,833

0

0

0

-

-

-

-

Mortgage payments

187,428

145,821

145,808

119,936

131,251

148,942

149,106

94,265

293,832

276,235

276,137

258,813

271,370

271,571

284,571

238,040

20,519

20,232

0

0

0

-

-

-

-

Credit facilities proceeds received

237,500

255,000

0

0

0

-

-

-

-

25,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Credit facilities payments

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Bridge facility payments

-

-

-

-

-

38,597

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred financing costs paid

-

5,120

0

0

0

-

-

-

-

4,047

0

0

0

-

-

-

-

2,662

0

0

0

-

-

-

-

Interest rate cap fees paid

-

20

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

337

0

0

0

-

-

-

-

Prepayment penalties on extinguished debt

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from the issuance of common shares through at-the-market offering, net of offering costs

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments for taxes related to net share settlement of stock-based compensation

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Due to affiliates

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-20

0

0

0

-

-

-

-

Repurchase of common stock

0

-

-

-

-

9,672

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends paid to common stockholders

29,825

28,046

26,620

25,041

23,657

22,265

21,064

20,511

19,954

19,258

18,626

18,270

18,026

17,784

0

0

0

-

-

-

-

-

-

-

-

Contributions from noncontrolling interests

-

-

-

-

-

-

-

-

-

38

0

0

0

-

-

-

-

9,629

0

0

0

-

-

-

-

Distributions to noncontrolling interests

-

-

-

-

-

-

-

-

-

4,789

2,476

6,184

6,945

6,571

0

0

0

-

-

-

-

-

-

-

-

Contributions to predecessor

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

68,411

0

0

0

-

-

-

-

Net cash (used in) provided by financing activities

357,351

529,816

273,959

254,337

253,452

93,386

69,583

-144,025

-112,392

-54,544

109,073

131,738

37,212

10,294

-132,926

-9,006

65,281

251,102

0

0

0

-

-

-

-

Net increase (decrease) in cash, cash equivalents and restricted cash

67,298

28,053

15,904

349

6,090

-119

-76,535

-16,482

-21,549

-12,013

53,916

-19,718

-10,493

-7,834

1,421

3,446

-15,505

2,616

0

0

0

-

-

-

-

Supplemental Disclosure of Cash Flow Information
Interest paid

43,858

41,053

38,722

35,542

32,754

30,261

28,352

26,506

25,971

25,467

23,778

21,760

21,358

19,935

19,870

19,999

17,515

16,130

0

0

0

-

-

-

-

Prepayment penalties

0

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capitalized construction costs included in accounts payable and other accrued liabilities

6,486

3,776

4,279

1,621

2,107

1,715

2,902

3,038

2,366

2,263

1,804

1,526

1,963

1,494

1,775

851

1,217

1,373

0

0

0

-

-

-

-

Change in fair value on derivative instruments designated as hedges

-59,500

-14,625

-29,962

-25,190

-11,495

1,931

15,465

14,029

11,283

4,568

10,540

11,838

11,847

10,833

1,011

39

153

391

751

702

576

306

0

0

0

Other assets acquired from acquisitions

-

758

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

478

0

0

0

-

-

-

-

Liabilities assumed from acquisitions

-

6,608

0

0

0

-

-

-

-

849

0

0

0

-

-

-

-

1,975

0

0

0

-

-

-

-

Decrease in dividends payable upon vesting of restricted stock units

-41

173

160

207

205

336

289

239

204

244

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Assumed debt on acquisitions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

31,875

0

0

0

-

-

-

-

Write-off of fully amortized in-place leases

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Write-off of deferred financing costs

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-