Plymouth industrial reit inc. (PLYM)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11
Operating activities
Net loss

-12,611

-11,938

-13,880

-15,624

-20,301

-21,175

-21,638

-19,759

-15,594

-14,027

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-41,797

-48,665

-57,635

-50,945

-39,239

-18,429

-3,564

-3,081

-3,229

-3,472

-3,491

-3,680

-2,782

-2,166

-945

1

1

0

0

0

Depreciation and amortization

43,046

37,381

33,860

30,710

28,678

26,788

24,177

21,427

17,768

13,998

0

0

0

12,925

13,100

13,180

10,684

7,753

4,695

1,587

0

0

0

-

-

-

-

-

-

-

-

-

-

-

Straight line rent adjustment

-1,556

-1,296

-849

-659

-897

-996

-1,008

-933

-503

-191

0

0

0

-350

-368

-404

-395

-292

-191

-80

0

0

0

-

-

-

-

-

-

-

-

-

-

-

Intangible amortization in rental revenue, net

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible amortization in rental revenue , net

-

-

-

-

-

-

1,131

974

752

423

0

0

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

Amortization of debt issuance cost

1,094

1,030

1,087

986

1,740

2,138

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equity investment income

-

-

-

-

-

-

-

-

-

-

-

-

-

-48

-47

-85

-162

4

132

175

-158

-304

-577

-589

-286

-242

-69

-93

16

0

0

-

0

-

Accretion of interest and deferred interest

-

-

-

-

-

-

-

-

-

2,399

0

0

0

28,102

15,067

26,100

32,725

29,674

23,373

9,640

0

0

0

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of warrant derivative

-

181

-277

-277

-17

-48

60

28

28

-20

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock based compensation

1,266

1,205

1,078

998

893

805

794

800

635

435

0

0

0

-

-

-

-

-

-

-

-

-

-

176

299

257

131

116

0

0

0

-

-

-

Changes in operating assets and liabilities:
Security deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-12

-13

-13

5

106

0

0

0

0

-

-

-

0

-

-

-

0

-

-

-

Other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

7,932

5,724

-2,350

-1,787

5,746

239

-3,115

-3,764

-3,180

-2,638

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred leasing costs

2,155

2,005

165

784

1,682

1,208

-698

-636

-171

-70

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred interest

-

-

-

-

-

-

-

-

-

-

-

-

-

1,780

11,145

6,428

7,996

6,301

4,551

1,653

0

0

0

-

-

-

-

-

-

-

-

-

-

-

Accounts payable, accrued expenses and other liabilities

14,037

10,371

11,841

6,852

8,490

5,717

8,832

10,094

7,841

8,832

0

0

0

196

2,573

937

644

1,408

1,399

1,444

0

0

0

-

-

-

-

-

-

-

-

-

-

-

Realized Gain on Sale of REIT Securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

Change in due from affiliate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-86

13

9

0

100

0

0

0

0

Investor deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

Change in accounts payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

241

126

62

0

0

0

0

-

-

-

Change in accrued expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

161

136

201

430

0

0

0

-

-

-

Net cash provided by operating activities

33,596

27,717

26,824

19,063

14,913

14,867

13,544

12,698

8,023

8,104

0

0

0

-107

-2,201

-4,351

-7,456

-6,967

-6,473

-5,305

-2,672

-2,771

-2,674

-2,924

-2,519

-2,848

-2,348

-1,552

-963

-99

0

0

0

0

Investing activities
Acquisition of properties

278,621

195,141

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Real estate improvements

5,846

5,326

4,633

3,984

4,459

3,850

3,094

2,715

1,995

1,287

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Real estate improvements

-

-

-

-

-

-

-

-

-

-

-

-

-

716

358

124

334

311

239

215

0

0

0

-

-

-

-

-

-

-

-

-

-

-

Increase in cash held in escrow

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

Distributions from investment in joint ventures

-

-

-

-

-

-

-

-

-

-

-

-

-

365

506

470

1,251

1,321

1,329

1,468

469

355

229

122

123

94

59

14

0

0

0

-

-

-

Investment in real estate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

Changes in deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

Proceeds from sale of REIT securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

25

25

25

25

0

0

0

Net cash used in investing activities

-284,467

-200,467

-190,874

-147,847

-148,048

-141,923

-168,233

-190,168

-172,552

-171,844

0

0

0

923

1,972

1,620

-150,068

-152,993

-153,463

-152,750

-4,740

-3,544

-3,670

-3,778

223

-1,655

-1,690

-1,709

-1,850

-0

-0

0

0

0

Financing activities
Offering costs related to issuance of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

Redemption of non-controlling interest

-

-

-

-

-

-

-

-

-

25,582

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net proceeds from common stock, value

159,817

153,518

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,096

1,943

6,093

6,803

6,794

6,010

5,096

4,012

3,260

3,235

0

200

0

0

0

Additional offering costs of preferred stock

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred offering costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

294

450

308

714

644

488

0

0

0

-

-

-

-

-

-

-

-

-

-

-

Proceeds from issuance of secured debt

81,000

63,115

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of secured debt

2,731

64,630

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from line of credit facility

175,900

141,097

57,697

33,097

49,922

45,225

55,225

52,650

35,825

33,825

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of line of credit facility

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt issuance costs

1,386

2,233

2,203

2,172

3,382

2,566

4,690

4,178

2,841

2,576

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repurchase of common stock

-

-

-

-

-

5,054

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends paid

24,237

19,930

16,211

12,325

11,052

11,083

8,724

6,651

4,066

1,755

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by financing activities

278,488

180,187

189,294

140,850

134,159

122,854

155,428

156,709

172,601

172,702

0

0

0

-464

-1,389

-1,545

159,033

160,567

161,846

162,763

3,416

6,048

6,803

6,794

5,846

5,021

4,012

3,260

3,235

0

200

0

0

0

Net decrease in cash and cash held in escrow and restricted cash

27,617

7,437

25,244

12,066

1,024

-4,202

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in cash, cash equivalents and retricted cash

-

-

-

-

-

-

-

-

-

-

-

0

0

352

-1,618

-4,276

1,509

607

1,910

4,708

-3,996

-266

458

92

3,551

516

-25

-1

422

-99

200

0

0

0

Improvements to real estate included in accounts payable, accrued expenses and other liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Supplemental Cash Flow Disclosures:
Interest paid

14,322

13,652

13,699

14,057

13,882

13,596

12,003

10,946

10,387

9,182

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest paid

-

-

-

-

-

-

-

-

-

-

-

-

-

8,805

10,610

12,148

10,980

7,920

4,914

1,986

0

0

0

-

-

-

-

-

-

-

-

-

-

-

Common stock distributed or distributable as dividends

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

190

740

740

739

550

0

0

0

0

0

0

0

-

-

-

Offering costs included in accounts payable, accrued expenses and other liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-64

-81

0

209

158

465

384

0

0

0

-

-

-

-

-

-

-

-

-

-

-

Non cash capital contribution by investor related to redemption of redeemable preferred interest

-

-

-

-

-

-

-

-

-

1,019

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends declared

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

372

215

127

0

0

0

0

-

-

-

Dividends declared included in dividends payable

8,017

5,303

4,796

4,480

3,122

1,923

3,487

4,206

4,443

2,153

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Distribution payable to non-controlling interest holder

259

328

593

593

593

358

228

316

316

158

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Less: Series B Preferred stock accretion to redemption value

7,555

7,601

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fixed asset acquisitions included in accounts payable, accrued expenses and other liabilities

667

161

647

90

165

124

-69

787

518

437

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred leasing costs included in accounts payable, accrued expenses and other liabilities

845

463

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

Deferred leasing costs included in accounts payable, accrued expenses and other liabilities

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fair value of stock dividend

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

373

215

127

0

0

0

0

-

-

-