Realty income corporation (O)
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'10Sep'10Jun'10Mar'10
CASH FLOWS FROM OPERATING ACTIVITIES
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

147,143

129,553

101,275

95,420

111,230

85,303

99,283

96,697

83,315

60,952

88,072

81,259

89,035

92,724

77,202

76,067

70,484

83,111

67,813

66,350

67,581

78,077

73,628

62,242

57,993

64,633

51,907

56,517

73,226

39,023

37,458

43,408

39,263

41,005

40,780

39,248

35,999

37,877

31,653

31,049

30,205

Adjustments to net income:
Depreciation and amortization

164,585

156,594

149,424

150,426

137,517

137,711

136,967

133,999

131,103

127,033

127,569

123,089

121,097

117,751

113,917

110,342

107,933

105,739

104,338

101,101

98,037

96,537

95,260

92,894

89,970

85,293

80,821

73,906

66,749

41,687

36,735

34,515

34,578

29,940

31,502

28,496

26,608

21,496

23,865

23,239

23,041

Amortization of share-based compensation

5,518

3,184

3,187

4,527

2,764

14,740

3,870

4,995

3,662

3,305

3,426

4,462

2,753

2,803

2,652

3,947

2,605

2,793

2,236

2,810

2,552

4,306

2,204

2,752

2,697

6,550

6,737

3,653

3,845

2,221

2,230

2,594

2,956

1,775

1,751

2,167

2,180

1,342

1,348

1,715

1,761

Non-cash revenue adjustments

1,352

2,830

2,157

2,235

2,116

2,054

1,752

2,485

1,544

6,710

-1,219

-221

-1,343

17,737

-2,304

-2,180

-3,099

-2,145

-1,523

-2,490

-2,449

-1,458

-1,684

-1,764

-1,942

-1,692

-1,373

-1,079

-1,410

-

-

-

-

-

-

-

-

-

-

-

-

Gain (Loss) on Extinguishment of Debt

-9,819

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of net premiums on mortgages payable

354

354

353

354

354

353

354

354

459

-1,114

340

610

630

745

814

754

1,101

1,874

1,784

1,862

1,962

2,048

5,449

3,009

2,385

2,522

2,518

2,494

1,947

387

110

71

97

-

-

-

0

-

-

-

-

Amortization of deferred financing costs

2,581

3,417

2,418

2,003

1,957

3,684

1,868

1,817

1,652

1,455

2,135

2,294

2,390

924

2,126

2,184

2,200

2,238

297

4,281

2,228

308

2,760

2,682

2,585

2,682

2,385

2,158

2,139

-

-

-

-

-

-

-

-

-

-

-

-

Loss on interest rate swaps

-686

-694

-694

-686

-678

-331

265

792

2,007

2,022

369

-471

1,330

7,474

2,051

-2,108

-5,778

-10,181

5,180

900

1,058

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain Loss On Foreign Currency And Derivative

-1,564

1,792

327

136

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-297

0

20

3,077

14,839

6,399

4,573

39,859

4,991

4,704

5,346

2,216

9,901

4,848

2,273

388

-

-

-

-

Gain (Loss) on Sale of Properties

38,500

14,200

1,600

6,900

7,300

5,800

7,800

7,782

3,218

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on Sale of Properties Continuing Operations

-

-

-

-

-

-

-

-

-

-

4,318

2,839

10,532

6,696

4,335

8,659

2,289

5,126

6,224

3,675

7,218

24,994

10,975

1,965

1,271

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Real estate acquired for resale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

211

Real estate held for investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,908

771

Impairment of Real Estate

4,500

9,000

13,500

13,000

4,700

1,300

6,800

4,000

14,200

6,728

366

2,273

5,433

3,709

8,763

6,269

1,923

1,378

3,865

3,230

2,087

1,450

494

499

1,683

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Cash provided by discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

20

1,290

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Collection of notes receivable by Crest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,922

38

36

36

35

35

34

34

Change in assets and liabilities
Accounts receivable and other assets

-3,005

1,068

-3,364

5,065

6,185

5,361

4,325

-5,258

2,473

-800

4,060

-141

-3,027

8,378

3,982

-1,865

-5,081

3,728

-573

-886

-892

15,040

769

-3,145

-9,600

3,597

-7,784

3,360

2,943

3,021

-1,774

-1,986

166

6,161

-846

-15,335

7,509

12,293

-13,098

414

5,661

Real estate acquired for resale by Crest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

211

Real estate held for investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

604

352

Accounts payable, accrued expenses and other liabilities

-33,951

10,046

18,689

26,194

-30,873

22,745

-21,768

28,441

-10,723

16,029

-31,553

35,501

6,119

27,136

26,609

33,948

-53,225

42,328

-23,533

32,327

-44,954

50,546

-14,573

27,104

-42,947

42,418

-15,983

38,497

-45,818

36,789

-27,946

25,684

-26,343

23,396

-9,951

25,856

-31,122

27,537

-10,106

18,842

-23,756

Net cash provided by operating activities

265,216

291,231

288,043

277,636

212,027

250,900

212,573

263,740

213,529

234,302

179,709

245,820

216,019

220,653

217,783

225,137

136,290

220,619

151,238

203,858

117,852

187,611

141,305

184,580

114,196

173,239

124,234

165,159

56,274

117,941

52,595

105,607

50,326

99,705

62,279

95,442

41,526

86,607

46,245

73,989

36,527

CASH FLOWS FROM INVESTING ACTIVITIES
Investment in real estate

473,245

1,552,915

415,091

1,086,600

517,975

331,958

607,559

331,370

498,448

448,551

268,603

321,543

374,573

770,975

409,577

305,171

313,169

205,014

137,330

721,760

202,781

151,852

176,986

295,425

603,980

143,099

538,010

648,323

100,051

365,098

431,073

211,700

7,854

187,027

462,384

153,121

150,643

408,583

13,972

261,930

28,713

Improvements to real estate, including leasing costs

3,658

7,702

4,067

8,772

2,995

2,918

5,415

8,077

8,940

3,413

2,602

5,483

3,749

8,131

2,361

2,032

902

5,680

3,391

1,125

1,345

1,494

1,804

1,365

1,369

2,605

2,608

1,616

1,678

2,053

6,906

-1,346

-1,059

-

-

-

-

-

-

-

-

Proceeds from sales of real estate:
Proceeds from sales of real estate

126,200

36,311

21,500

28,600

22,500

59,286

35,500

33,721

13,779

97,490

25,481

12,773

31,232

43,982

20,094

23,982

11,038

13,859

21,503

8,181

22,274

42,044

33,839

7,033

5,772

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

6,918

28,017

22,435

16,874

59,459

16,280

15,734

14,990

3,559

21,456

-82

-424

1,099

25,779

0

-797

797

Cash provided by discontinued operations:
Real estate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

873

1,644

2,292

2,693

4,495

3,138

2,351

13,487

2,304

1,750

704

-

-

-

-

Insurance and other proceeds received

539

0

0

0

0

527

3,285

2,652

1,184

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Collection of loans receivable

-

-

-

-

-

0

0

5,235

32

31

31

31

30

29

29

29

12,428

-

-

-

-

-

-

-

-

105

967

-3

9,587

-

-

2,100

1,695

-

-

-

-

-

-

-

-

Non-refundable escrow deposits for pending acquisitions

1,280

7,430

-2,446

9,619

0

-3,075

3,275

-442

442

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

Restricted escrow deposits for Section 1031 tax-deferred exchanges and pending acquisitions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-9,534

13,203

4,088

-

796

-3,230

-18,083

9,200

22,060

4,820

460

2,814

-7,104

-22,905

37,353

-2,948

-1,696

4,210

2,239

-2,780

-3,169

-149

6,148

674

5,288

-210

609

Intangibles acquired in connection with acquisitions of investment properties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Net cash used in investing activities

-351,411

-1,531,737

-395,163

-1,076,395

-498,514

-272,012

-577,466

-297,371

-492,835

-360,278

-232,947

-314,222

-347,060

-727,338

-382,281

-296,395

-294,693

-217,352

-120,014

-711,474

-163,769

-120,502

-167,011

-294,227

-593,119

-120,606

-512,046

-610,149

-89,210

-382,799

-411,921

-204,366

-9,288

-178,360

-451,787

-149,024

-155,692

-402,350

-10,318

-256,165

-28,525

CASH FLOWS FROM FINANCING ACTIVITIES
Cash distributions to common stockholders

233,824

222,476

216,248

208,864

204,546

196,835

191,703

187,488

185,556

179,307

174,607

172,874

162,506

156,742

155,193

151,236

147,345

140,471

134,490

131,595

126,682

122,521

122,092

121,229

113,414

110,678

106,875

106,692

84,977

60,629

59,167

58,360

58,192

58,021

55,145

55,008

51,123

47,800

45,026

44,910

44,764

Cash dividends to preferred stockholders

-

-

-

-

-

-

-

-

-

0

0

0

6,168

6,770

6,770

6,770

6,770

6,770

6,770

6,770

6,770

6,853

10,482

10,483

10,482

10,483

10,482

10,483

10,482

10,483

10,482

10,264

8,216

6,063

6,063

6,064

6,063

6,063

6,063

6,064

6,063

Proceeds from Long-term Lines of Credit

846,532

1,197,350

215,282

672,000

732,000

104,000

530,000

82,000

1,058,000

276,000

417,000

693,000

79,000

759,000

876,000

1,035,000

1,209,000

389,000

102,000

675,000

282,000

313,200

305,000

321,321

732,800

528,400

563,100

750,600

782,600

166,000

530,600

255,400

122,000

234,700

339,500

0

38,600

203,500

71,100

279,200

58,400

Payments on line of credit

921,859

494,086

223,282

1,502,000

146,000

626,000

290,000

630,000

86,000

824,000

407,000

45,000

1,199,000

721,000

306,000

1,176,000

794,000

590,000

93,000

615,000

135,000

135,200

330,800

990,621

120,700

868,800

795,700

166,200

824,000

617,000

105,200

114,800

316,400

93,900

242,900

0

38,600

203,500

98,000

292,200

23,100

Principal payment on term loan

0

0

0

0

70,000

0

0

0

125,866

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

235,000

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of American Realty Capital Trust, Inc., or ARCT, line of credit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

317,207

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from notes and bonds payable issued

-

-

-

-

-

-

-

-

-

1,321,229

0

0

711,812

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of Notes Payable

250,000

0

0

0

0

0

0

0

350,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

100,000

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of Secured Debt

1,673

1,228

17,003

1,257

1,235

7,297

1,161

1,124

12,323

16,201

37,009

84,395

2,120

48,046

2,364

16,994

164,339

57,528

61,534

27,995

51,296

7,589

55,718

20,104

1,797

16,396

13,533

1,562

1,112

558

219

146

10,806

-

-

-

0

-

-

-

-

Proceeds from term loan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

70,000

-

-

-

-

-

-

-

-

-

-

-

-

Payments upon extinguishment of debt

9,445

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from preferred stock offerings, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

34,436

360,941

-

-

-

0

-

-

-

-

Redemption of preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

6,750

-

-

-

-

-

-

-

-

0

0

0

127,500

-

-

-

0

-

-

-

-

Proceeds from Issuance of Common Stock

728,883

0

0

845,061

0

-

-

-

-

0

0

-74

705,012

-

-

-

-

-

-

-

-

-

-

-

-

378,489

-51

-359

755,495

-

-

-

-

0

203,631

72

285,533

235,692

196,899

0

0

Proceeds from Dividend Reinvestment and Stock Purchase Plan Net

2,366

2,178

2,161

1,934

2,164

2,148

2,160

2,460

2,346

2,118

8,164

2,658

56,991

2,078

2,368

2,294

3,512

2,088

152,908

105,871

102,162

101,882

2,376

52,078

2,126

51,979

1,915

1,101

811

0

611

805

743

652

526

716

0

-

-

-

-

Proceeds from At-the-Market (ATM) program

-

-

-

-

-

-

-

-

-

-

-

-

-

81,001

41,215

14,018

30,547

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Redemption of common units

0

0

898

0

20,225

2,752

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Distributions to noncontrolling interests

394

315

392

314

321

539

633

445

313

391

765

256

631

11,707

271

365

382

412

419

420

428

454

461

463

466

465

464

172

115

-

-

-

-

-

-

-

-

-

-

-

-

Net receipts on derivative settlements

1,251

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt issuance costs

-

-

-

-

-

-

-

-

-

10,847

0

49

6,614

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Other items, including shares withheld upon vesting

-6,561

-527

-50

-108

-4,087

-18,525

-3,719

-4,601

-6,542

-2,901

-5,150

-888

-5,417

-2,040

-1,113

-466

-3,419

-1,820

-1,432

-1,150

-2,981

-2,762

-459

-1,316

-5,259

-2,866

-4,074

-2,316

-4,166

-108

-76

-384

-2,579

-9

-23

-255

-2,081

30

2

-87

-1,652

Net cash provided by financing activities

155,276

1,061,411

326,391

817,050

287,750

26,455

335,821

51,849

293,746

107,756

61,189

35,814

170,359

482,526

173,856

83,006

126,804

-2,337

-42,891

514,167

54,255

-80,193

33,734

104,413

482,808

-52,336

375,197

463,406

31,847

267,312

356,056

99,629

-40,009

77,277

239,380

79,546

226,266

177,768

118,783

182,199

-17,179

Effect of exchange rate changes on cash and cash equivalents

-2,929

-9,189

126

-733

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase in cash, cash equivalents and restricted cash

66,152

-188,284

219,397

17,558

1,263

5,343

-29,072

18,218

14,440

-18,220

7,951

-32,588

39,318

-24,159

9,358

11,748

-31,599

930

-11,667

6,551

8,338

-13,084

8,028

-5,234

3,885

297

-12,615

18,416

-1,089

2,454

-3,270

870

1,029

-1,378

-150,128

25,964

112,100

-137,975

154,710

23

-9,177