Pennsylvania real estate investment trust (PEI)
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'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Cash flows from operating activities:
Net loss

-10,326

-13,000

-86,421

-112,773

-139,014

-126,503

-29,054

-15,118

-36,074

-32,848

-68,190

-77,574

-15,128

-12,713

-30,707

-69,864

-113,701

-129,567

-65,816

-30,461

-19,844

-14,262

-25,461

-11,991

3,051

37,213

22,510

-2,935

-6,327

-42,550

-36,258

-82,822

-89,432

-93,935

0

0

0

Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation

123,008

126,583

119,317

120,900

122,273

121,644

123,541

120,921

121,018

119,441

119,828

122,897

123,658

125,426

126,637

129,485

132,383

132,347

133,782

132,197

132,699

135,095

134,583

136,147

134,700

133,162

132,708

130,774

129,041

128,204

126,373

126,278

128,353

128,378

0

0

0

Amortization

14,821

16,180

15,930

15,978

15,449

14,554

14,138

13,239

12,632

12,057

11,990

5,867

3,873

3,981

4,827

11,097

13,448

12,907

11,188

10,432

9,245

9,505

10,054

10,857

11,784

12,903

14,228

14,771

15,430

15,951

17,483

18,542

19,585

19,941

0

0

0

Straight-line rent adjustments

4,535

5,166

2,320

2,408

2,683

1,989

2,531

2,462

2,771

2,686

2,557

2,627

2,722

2,602

2,506

2,465

2,220

1,874

1,624

1,384

1,221

1,467

1,557

1,491

1,576

1,425

1,974

2,665

2,448

2,234

1,719

822

208

331

0

0

0

Provision for doubtful accounts

-

-

-

-

-

2,461

2,536

2,656

2,265

1,763

1,125

951

1,012

1,357

1,078

1,720

2,169

2,510

2,732

2,987

2,080

1,566

1,563

1,182

1,742

1,656

1,473

1,544

1,948

1,861

2,206

1,915

2,250

3,320

0

0

0

Amortization of deferred compensation

5,914

6,212

7,166

7,101

6,923

6,925

6,583

6,225

6,136

5,709

6,035

6,223

5,959

6,035

6,124

5,988

6,054

6,284

6,162

6,219

8,134

8,455

8,796

9,112

7,982

8,071

9,066

10,759

11,199

11,028

10,511

9,120

8,899

9,055

0

0

0

Loss on debt extinguishment, net

29,627

24,859

24,832

-4,768

-4,768

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on hedge ineffectiveness

-

-

-

-

-

-

-

-

-

-

-

-

-

143

143

143

143

512

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain (Loss) on Disposition of Business

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sales of interests in real estate and non-operating real estate, net

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Adjustment to gains on sales of interests in non operating real estate

-

-

-

-

-

-

-

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net losses (gains) on sales of interests in real estate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

Equity in income of partnerships

6,819

8,289

9,325

10,271

10,526

11,375

10,409

12,186

13,769

14,367

25,551

22,761

20,867

18,477

4,376

3,706

2,910

2,312

2,705

3,034

2,031

1,675

2,193

1,943

2,363

2,713

0

0

0

-

-

-

-

-

-

-

-

Gain on sales of real estate by equity method investee

-10

553

552

552

562

2,772

2,622

9,340

9,340

6,567

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash distributions from partnerships

21,058

22,570

22,615

20,518

9,036

9,421

11,904

13,699

15,820

16,849

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of development land parcel

-

-

-

-

-

-

-

-

0

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

Impairment of development land parcel

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in assets and liabilities:
Net change in other assets

-522

4,191

9,342

9,557

97

5,998

1,915

4,724

13,003

5,652

2,828

-3,750

-3,039

-4,566

-4,526

-6,197

-10,745

-5,337

-2,471

2,749

-5,213

-3,921

-1,286

3,370

5,316

7,779

11,221

13,400

21,103

15,167

9,804

10,326

1,067

7,143

0

0

0

Net change in other liabilities

-3,558

223

-697

-5,044

-3,682

6,352

1,436

4,413

-2,316

-4,752

-11,996

-19,167

-13,737

-12,312

-10,722

-9,091

-11,763

-17,063

-7,371

-11,755

-2,667

-1,030

3,551

21,180

15,483

1,953

6,597

6,099

4,618

20,931

1,000

3,787

-238

-3,421

0

0

0

Net cash provided by operating activities

102,770

111,392

120,323

122,106

126,854

134,864

141,442

146,034

133,710

142,091

145,642

145,814

149,855

154,931

148,835

153,015

153,226

135,661

137,541

124,235

142,035

145,075

150,205

162,220

153,260

136,219

127,981

115,063

100,662

120,324

108,416

116,520

117,540

105,262

0

0

0

Cash flows from investing activities:
Investments in consolidated real estate acquisitions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

319,986

319,986

319,986

319,986

20,000

20,000

20,000

80,879

60,879

0

0

0

-

-

-

-

-

-

-

-

Cash proceeds from sales of real estate

53,587

50,407

47,445

46,174

18,553

13,730

1,636

33,492

36,042

77,778

77,772

69,088

111,729

154,758

0

0

0

-

-

-

-

-

-

-

-

181,644

0

0

0

-

-

-

-

-

-

-

-

Cash proceeds from sale of mortgage

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from insurance claims related to damage to real estate assets

4,702

6,977

7,677

5,175

2,975

700

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash proceeds from sale of mortgage

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash distributions from partnerships of proceeds from real estate sold

0

879

879

879

879

19,727

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Additions to construction in progress

105,861

113,791

110,418

117,107

100,617

75,649

74,721

81,534

103,491

116,550

133,027

117,429

92,500

88,161

57,299

44,768

39,312

30,684

32,464

38,056

38,036

41,512

42,677

40,174

36,924

36,456

30,620

32,155

36,604

38,104

41,792

40,196

25,935

25,426

0

0

0

Additions to leasehold improvements

5,696

1,055

912

371

229

160

239

243

297

683

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Investments in partnerships

-

-

-

-

-

58,112

63,730

66,586

69,178

73,434

61,693

49,216

32,143

14,910

16,135

12,805

18,257

25,046

32,932

31,727

26,780

19,184

5,201

3,735

291

250

249

250

3,660

3,682

3,770

3,786

213

252

0

0

0

Investments in real estate improvements

30,313

34,260

32,739

31,896

27,963

35,170

39,017

45,922

53,013

51,949

53,946

57,834

56,525

49,942

51,714

51,245

52,285

52,790

64,619

68,711

71,841

71,346

60,243

53,063

48,124

44,785

44,431

44,577

43,862

43,543

33,753

28,938

36,587

36,017

0

0

0

Distribution of financing proceeds from equity method investee

-

-

-

-

-

123,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Additions to leasehold improvements and corporate fixed assets

5,696

1,055

912

371

229

160

239

243

297

683

584

705

771

522

554

433

339

486

1,084

1,261

1,674

1,656

2,803

2,653

2,264

2,062

400

604

766

881

861

651

505

364

0

0

0

Investments in equity method investees

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capitalized leasing costs

412

568

2,012

3,557

10,170

12,022

11,856

11,917

6,571

6,066

6,340

6,175

6,031

6,101

5,812

6,043

6,337

6,255

6,060

5,845

5,681

5,446

5,582

5,368

5,144

5,261

5,101

5,557

5,548

5,336

5,382

4,976

5,166

4,999

0

0

0

Increase in cash escrows

-

-

-

-

-

-

-

-

-

-

-

-

-

-

701

-1,347

892

1,996

248

2,343

2,952

2,369

4,600

2,423

2,702

2,682

-45

-5,905

-2,164

1,404

-923

6,413

62

-2,210

0

0

0

Cash distributions from partnerships in excess of equity in income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,329

7,040

8,328

5,188

6,057

4,165

1,745

2,721

1,752

2,377

3,771

1,472

4,024

3,677

3,605

4,772

3,981

20,324

35,795

35,525

0

0

0

Net cash used in investing activities

-121,393

-131,350

-129,550

-160,837

-190,284

-41,567

-21,379

24,103

11,705

-105,418

-156,665

-170,207

-82,789

-4,878

44,778

77,641

28,627

-379,099

-389,470

-296,922

-274,763

31,650

34,642

-46,690

-117,753

30,741

35,669

-7,545

42,169

-88,178

-80,449

-64,431

-25,122

-21,772

0

0

0

Cash flows from financing activities:
(Repayments of) proceeds from mortgage loans and finance lease liabilities

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net proceeds from issuance of preferred shares

-

-

-

-

-

-

-

-

-

286,847

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net borrowings under revolving facilities

127,000

190,000

176,000

182,000

162,000

12,000

37,000

-52,000

15,000

56,000

-129,000

-47,000

-144,000

-82,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of mortgage loans and finance lease liabilities

0

-

-

-

0

-

-

-

-

-

-

-

-

280,327

0

0

0

-

-

-

-

-

-

-

-

403,691

0

0

0

-

-

-

-

-

-

-

-

Borrowings from term loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-130,000

-130,000

-32,500

182,000

0

0

0

-

-

-

-

-

-

-

-

Net borrowings from revolving facility

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

90,000

35,000

35,000

-130,000

-75,000

30,000

-30,000

95,000

0

0

0

-

-

-

-

Proceeds from mortgage loans

-

-

-

-

-

-

-

-

-

-

-

-

-

139,000

139,000

309,000

275,200

272,044

0

0

0

-

-

-

-

154,692

76,692

478,692

478,692

467,750

0

0

0

-

-

-

-

Principal installments on mortgage loans

17,568

17,911

17,244

17,508

18,641

18,655

19,581

19,260

18,084

17,945

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Principal installments on mortgage loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

22,447

21,240

20,761

14,786

15,709

17,005

17,919

17,859

17,571

17,521

16,973

23,327

22,984

10,402

20,311

21,267

20,445

32,008

21,249

0

0

0

Payment of deferred financing costs

294

95

-898

-907

5,106

5,529

6,522

6,514

496

71

73

86

2,827

3,337

3,455

4,203

4,145

3,754

3,656

2,909

166

1,918

2,167

2,304

4,444

4,035

3,700

4,645

2,953

1,753

1,860

1,238

4,371

4,109

0

0

0

Value of shares of beneficial interest issued

1,374

1,256

1,270

1,206

1,232

1,410

1,413

1,783

2,225

2,085

2,131

1,815

1,308

1,288

1,259

1,308

1,380

1,393

1,289

1,285

1,691

3,270

4,730

4,846

4,249

2,983

1,690

2,077

2,100

1,788

1,514

756

732

533

0

0

0

Dividends paid to common shareholders

65,349

63,787

62,288

60,800

59,309

59,145

59,041

58,913

58,774

58,651

58,562

58,493

58,431

58,372

58,298

58,224

58,159

58,085

57,319

56,553

55,771

54,988

54,866

53,379

51,880

48,315

43,631

40,861

37,574

35,735

35,128

33,975

33,380

33,384

0

0

0

Dividends paid to preferred shareholders

27,376

27,375

27,375

27,375

27,375

27,375

28,182

28,404

28,628

27,403

23,714

20,611

17,504

15,848

15,848

15,848

15,848

15,848

15,848

15,848

15,848

15,848

15,849

15,849

15,849

15,849

0

0

0

-

-

-

-

-

-

-

-

Distributions paid to Operating Partnership unit holders and noncontrolling interest

1,717

3,004

4,324

5,637

6,910

6,949

6,950

6,953

6,961

6,970

6,978

6,981

6,985

6,991

6,997

7,006

7,009

5,703

4,376

3,049

1,722

1,703

1,706

1,665

1,647

1,626

1,558

1,555

1,516

1,459

1,448

1,415

1,397

1,395

0

0

0

Value of shares retired under equity incentive plans, net of shares issued

390

556

632

701

700

747

896

862

865

1,477

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

Net cash provided by financing activities

7,578

7,141

-4,905

8,493

-18,251

-94,805

-182,732

-155,401

-80,896

-32,585

60,743

29,997

-77,304

-162,632

-190,365

-245,135

-188,880

225,860

222,652

173,266

137,655

-170,522

-158,327

-102,314

-36,595

-166,720

-165,005

-104,575

-135,212

-19,954

-32,066

-61,670

-104,317

-104,019

0

0

0

Net change in cash, cash equivalents, and restricted cash

-11,045

-12,817

-14,132

-30,238

-81,681

-1,508

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect

-11,045

-12,817

-14,132

-30,238

-81,681

-1,508

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect

-

-

-

-

-

-

-

-

-

-

0

0

-10,711

-

3,248

-14,479

-7,027

-17,578

-29,277

579

4,927

6,203

26,520

13,216

-1,088

240

-1,355

2,943

7,619

12,192

-4,099

-9,581

-11,899

-20,529

0

0

0