Pope resources ltd partnership (POPE)
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'11
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

-7,630

-

-3,837

-1,202

767

-

2,745

2,532

5,715

-

580

-127

11,618

-

916

-605

-1,530

-

-1,600

-625

6,988

-

8,273

2,439

13,517

-

-713

6,518

3,417

-

2,859

-9,695

713

-

-1,226

2,954

4,242

Adjustments to reconcile net income (loss) to net cash provided by operating activities
Depletion

8,875

-

5,346

9,044

6,534

-

6,963

9,424

4,717

-

4,252

3,563

4,922

-

1,908

1,863

2,330

-

2,250

1,737

3,211

-

2,931

3,014

3,437

-

2,254

3,762

2,684

-

2,081

3,747

1,386

-

1,721

2,605

3,292

Equity-based compensation

757

-

197

197

593

-

202

199

523

-

166

179

605

-

162

178

416

-

142

242

338

-

177

71

450

-

225

227

536

-

110

148

371

-

146

365

227

Excess tax benefit of equity-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

5

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

186

-

183

232

166

-

154

145

140

-

141

142

110

-

183

187

184

-

152

159

155

-

-

-

-

-

180

175

170

-

488

167

170

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

178

-

-

-

-

-

-

-

-

-

-

-

173

Deferred taxes

-203

-

-

-

23

-

-

-

45

-

-34

-21

65

-

49

0

0

-

-4

24

179

-

-

-

-

-

-165

-65

-32

-

-141

40

-23

-

-

-

-

Cost of land sold

0

-

-

-

2

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of land sold

-

-

-

-

-

-

-1,332

-75

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss from unconsolidated real estate joint venture

-327

-

-

-

-9

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of land sold

-

-

-

-

-

-

-

-

-

-

-

71

230

-

102

133

904

-

2,743

2,425

4,078

-

759

697

6,921

-

589

934

6

-

-

-

-

-

-

-

-

Gain on sale of timberland - Funds

-

-

-

-

-

-

-

-

-

-

44

0

12,503

-

0

0

226

-

-1,103

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on disposal of property and equipment

0

-

-

-

61

-

-

-

4

-

0

2

1

-

0

11

13

-

0

0

0

-

-

-

-

-

0

0

-57

-

-

-

-

-

-

-

-

Cash flows from changes in operating accounts
Accounts receivable, net

795

-

-1,558

-1,812

2,026

-

1,775

-604

-1,943

-

582

215

-1,151

-

656

-305

-333

-

1,916

-974

-423

-

-976

-411

1,732

-

703

-609

1,119

-

-1,213

911

-344

-

364

-888

1,161

Prepaid expenses, contract assets, and other assets

-419

-

130

-641

-517

-

-1,310

6,763

203

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Real estate project expenditures

55

150

324

1,275

1,023

1,028

950

954

278

1,092

2,202

2,469

1,825

3,391

5,373

4,656

569

1,999

2,438

2,029

2,586

1,529

1,310

598

1,530

3,942

5,368

1,166

325

836

1,798

-687

205

-1,636

250

745

-252

Cash flows from operating activities:
Accounts payable and accrued liabilities

-252

-

1,201

531

-736

-

1,958

-468

-1,979

-

-421

370

-1,401

-

803

1,101

-654

-

1,570

398

-686

-

513

-984

-1,056

-

1,361

1,385

-1,094

-

346

1,153

-1,083

-

819

-739

745

Deferred revenue

222

-

-

-

86

-

-

-

245

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

-

-

-

-

-

-

-

-

-

-

-

-84

37

-

-89

-135

175

-

-541

-135

199

-

-449

667

76

-

-1,136

-184

360

-

-109

-99

214

-

-146

-72

11

Environmental remediation payments

112

167

121

203

158

351

260

666

219

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contracts receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-5

-3

-176

-

-156

170

-298

Prepaid expenses and other assets

-

-

-

-

-

-

-

-

-

-

-

-

-3,066

-

1,672

-221

33

-

-4,245

-159

2,894

-

-56

23

20

-

45

-121

23

-

101

-45

-73

-

110

-154

-35

Real Estate project expenditures

55

150

324

1,275

1,023

1,028

950

954

278

1,092

2,202

2,469

1,825

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other current liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

86

-80

-

-13

30

21

Environmental remediation liability

-

-

-

-

-

-

-

-

-

-

-

-

-3,329

-

-1,105

-953

-3,222

-

-1,007

-286

-286

-

-480

-203

-11

-

-188

-175

-78

-

-

-

-

-

-

-

-

Other current and long-term liabilities

-295

-

-244

-19

285

-

-86

879

27

-

-35

150

-21

-

112

35

-55

-

12

27

8

-

-155

10

-14

-

-26

24

-10

-

-

-

-

-

-

-

-

Other long-term liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-25

-

0

1

-25

Other, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7

-

-

2

-1

Net cash provided by operating activities

1,444

6,879

12,317

10,047

4,978

9,844

11,605

7,657

10,672

24,572

1,788

2,896

2,724

14,103

-4,660

-2,337

-1,960

-

-

-

-

-

-

-

-

-

-

-

-

-

3,254

6,652

2,024

7,390

603

6,060

7,607

Net cash provided by (used in) operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,711

3,070

9,122

-

2,400

5,775

20,216

4,674

-3,735

12,461

4,549

-

-

-

-

-

-

-

-

Cash flows from investing activities
Reforestation and roads

931

-

436

1,084

644

-

673

969

892

-

556

774

335

-

358

655

263

-

375

672

426

-

460

781

302

-

546

663

190

-

291

383

329

-

398

245

243

Capital expenditures

0

-

0

167

252

-

109

188

274

-

70

69

23

-

19

18

122

-

31

30

136

-

111

63

79

-

22

140

43

-

176

21

43

-

85

3,305

158

Maturity of short-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of property and equipment

0

0

0

71

71

32

6

0

4

0

0

19

11

25

0

-13

13

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition of timberland - Partnership

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,069

0

-

-

-

2,876

-

-

-

-

-

-

-

-

-

-

-

-

19

0

0

140

Proceeds from sale of timberland

-

-

-

-

-

-

-

-

-

0

146

0

26,444

879

1

278

445

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment in unconsolidated real estate joint venture

46

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deposit for acquisition of timberland - Partnership

0

-

-

-

5

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment For Deposit To Acquire Timberlands, Funds

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisitions of timberland - Partnership

19

73

514

209

16

1

0

1,729

4,626

930

0

0

4,951

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisitions of timberland - Funds

0

-31

0

0

19,344

32,275

0

-15

108,379

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-996

-723

-954

-1,019

-20,190

-34,245

-526

-3,121

-114,167

-12,831

-730

-824

21,146

-6,106

-31,050

-3,058

73

-

-

-

-

-

-

-

-

-

-

-

-

-

2,373

-389

-354

-706

-483

-3,550

-541

Proceeds from sale of timberland - Funds

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,001

0

0

-

-

-

-

-

-

-

-

-

2,840

15

18

-

-

-

-

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,380

-702

-2,438

-

32,655

-3,844

-381

-44,039

-568

-803

-233

-

-

-

-

-

-

-

-

Cash flows from financing activities
Line of credit borrowings

9,000

10,100

5,900

4,386

4,500

5,175

3,000

4,500

19,800

5,000

4,493

8,507

10,000

3,300

10,776

7,750

1,500

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Line of credit repayments

1,000

6,000

12,300

4,586

2,400

4,475

3,300

3,000

1,500

17,800

0

1,000

7,000

12,626

2,700

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

2,132

2,728

96

-

-1,223

-33

4,320

Proceeds from issuance of long-term debt

0

0

0

0

3,000

4,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of long-term debt

33

33

31

32

32

31

31

30

31

31

29

5,029

30

29

28

29

28

28

5,026

28

27

27

27

26

29

34

34

33

24

7

8

9

8

7

8

8

7

Debt issuance costs

-

-

-

-

-

-

-

-

-

-

27

70

7

13

163

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from unit issuances - distribution reinvestment plan

0

0

9

9

24

87

8

61

59

5

4

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unit repurchases

0

0

197

500

166

250

286

361

292

657

591

57

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from preferred stock issuance - ORM Timber Funds

0

0

0

0

125

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

125

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from option exercises

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12

0

0

-9

525

Payroll taxes paid on unit net settlements

0

1

0

0

79

-1

0

0

102

0

0

0

94

0

0

0

152

0

0

0

107

0

0

0

196

0

0

0

241

0

0

43

257

9

0

0

226

Excess tax benefit from equity-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7

0

0

5

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash distributions to unitholders

4,367

4,355

4,355

4,359

4,366

4,352

3,488

3,051

3,052

3,047

3,053

3,057

3,058

3,044

3,045

3,045

3,043

3,036

3,035

2,819

2,818

2,812

2,882

2,894

2,449

2,443

2,444

1,999

2,000

2,001

1,986

1,984

1,544

1,536

1,536

1,097

1,094

Cash distributions - ORM Timber Funds, net of distributions to Partnership

0

1,621

1,714

3,475

3,076

4,290

4,894

2,842

3,481

4,544

2,422

854

23,083

2,155

480

418

2,155

-

-

-

-

50,203

241

2,394

3,219

731

11,485

2,339

1,928

1,077

724

854

1,287

2,656

1,044

812

2,500

Capital call - ORM Timber Funds, net of Partnership contribution

0

-

0

0

17,259

-

0

0

92,280

-

0

0

825

-

0

0

0

-

-

-

-1,660

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by financing activities

3,600

-1,910

-12,552

-8,682

14,789

23,087

-8,991

-4,723

103,681

-10,762

-1,625

-1,560

-22,447

-8,514

36,360

4,258

-3,878

-

-

-

-

-

-

-

-

-

-

-

-

41,789

-3,577

-5,528

-3,180

-5,270

-1,365

-1,893

-7,622

Net increase (decrease) in cash and restricted cash

4,048

4,246

-1,189

346

-423

-1,314

2,088

-187

186

979

-567

512

1,423

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

-

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-8,061

-5,350

-4,607

-

-10,513

-5,314

-5,768

-

37

-4,235

-4,192

-

-

-

-

-

-

-

-

Net increase (decrease) in cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

650

-1,137

-5,765

-

-4,730

-2,982

2,077

-18,158

24,542

-3,383

14,067

-100

-4,266

7,423

124

-149

2,050

735

-1,510

1,414

-1,245

617

-556

Cash and restricted cash:
Net cash provided by operating activities

1,444

6,879

12,317

10,047

4,978

9,844

11,605

7,657

10,672

24,572

1,788

2,896

2,724

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-