Front yard residential corporation (RESI)
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'12
Operating activities:
Net loss

-107,098

-105,391

-114,109

-125,674

-121,993

-130,835

-134,093

-129,076

-163,447

-185,454

-209,184

-223,906

-231,727

-228,028

-232,982

-180,707

-104,087

-46,005

61,635

104,674

159,364

188,853

169,015

145,048

82,493

39,596

0

0

0

-

-

Adjustments to reconcile net loss to net cash used in operating activities:
Gains (Losses) On Real Estate And Mortgage Loans

5,612

12,856

13,591

14,414

10,266

-145

-8,074

-18,710

-35,194

-29,919

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in unrealized gain on mortgage loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-195,909

-197,319

-128,668

-14,757

88,829

222,766

283,993

346,826

350,822

294,027

222,971

125,094

61,092

25,963

8,293

0

0

0

Net realized loss (gain) on mortgage loans

-

-

-

-

-

-

-

-

-

-

-

-

-

85,990

127,471

80,751

91,843

94,493

69,427

70,280

61,827

55,766

40,334

28,516

19,416

10,482

4,015

2,106

0

0

0

Net realized gain on mortgage loans held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

70,478

-

2,974

3,176

2,922

2,771

0

0

0

-

-

-

-

-

-

Net realized gain on sales of real estate

-

-

-

-

-

-

-

-

-

-

-

-

-

117,617

108,839

96,446

69,725

50,932

41,864

31,201

20,035

9,482

4,544

1,293

55

0

0

0

0

-

-

Depreciation and amortization

80,230

82,249

83,893

85,331

84,156

80,961

75,364

69,573

65,617

61,601

59,525

49,365

38,600

27,027

15,870

12,771

10,075

7,472

4,995

3,258

2,017

1,067

0

0

0

-

-

-

-

0

0

Impairment

3,673

4,458

4,831

5,612

6,179

12,734

20,416

26,492

33,463

40,108

38,596

42,814

45,542

57,913

87,998

87,133

84,130

72,230

47,248

42,085

36,124

21,788

0

0

0

-

-

-

-

-

-

Accretion of interest on re-performing mortgage loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-142

77

154

356

551

716

3,079

2,842

2,610

0

0

0

-

-

-

-

-

-

Real estate depreciation, amortization and other non-cash charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

Share-based compensation

6,294

5,926

5,531

5,274

4,557

3,024

3,195

2,353

1,811

4,139

3,618

3,679

3,156

1,287

538

165

172

184

196

207

228

227

226

259

300

244

188

98

0

0

0

Amortization of deferred financing costs

5,486

5,353

6,238

6,073

5,984

6,099

5,331

5,545

6,469

7,443

9,583

10,190

9,848

12,519

11,917

11,911

11,818

7,348

5,457

4,474

3,351

3,427

2,713

1,951

1,680

1,102

630

322

0

0

0

Casualty (Losses) Loss Reversals, Net

1,084

978

-371

1,649

159

552

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Insurance Recoveries

266

730

926

1,011

1,115

588

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of interest rate cap derivatives in profit or loss

5,417

5,036

4,976

3,546

2,298

1,311

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Accounts receivable

-3,528

-5,571

-9,832

-6,344

-8,139

-2,498

-1,224

7,021

4,326

2,024

9,887

-2,339

-9,181

-1,650

14,193

23,673

32,286

22,551

4,700

55

3,223

3,472

518

-797

-747

0

0

0

0

-

-

Receivable from AAMC

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,180

-17,491

-17,491

-21,812

-15,311

-1,778

-3,247

-3,601

-8,199

-6,072

-3,676

1,044

876

527

-400

0

0

0

Deferred leasing costs

2,880

2,756

7,052

5,106

4,933

4,964

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other assets

-10,435

-11,873

13,637

17,999

18,427

19,416

12,174

2,119

1,721

2,073

9,264

5,729

5,349

4,530

-1,176

244

126

42

-3,645

113

148

293

5,118

173

65

106

213

113

0

0

0

Prepaid expenses and other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

Accounts payable and accrued liabilities

1,731

-3,564

4,034

2,363

5,346

12,732

19,329

-1,112

-3,160

-565

4,769

15,991

15,946

19,423

20,074

17,414

20,110

16,627

13,969

6,465

913

522

4,235

3,865

3,359

3,201

1,150

444

0

0

0

Payable to AAMC

429

1,046

162

-260

-316

-183

-674

-681

-1,064

-1,115

-246

-556

415

5,266

-6,021

-5,495

-47,865

-33,391

-44,269

-20,963

40,001

27,512

53,988

31,446

11,901

5,825

1,216

489

0

0

0

Net cash used in operating activities

2,239

-2,807

-28,343

-48,272

-39,446

-35,930

-17,580

-19,377

-32,007

-48,151

-69,718

-73,791

-90,821

-113,133

-141,490

-162,777

-218,168

-217,710

-247,815

-248,630

-192,523

-173,621

-101,809

-62,502

-44,766

-22,563

-9,667

-4,605

0

0

0

Investing activities:
Investment in mortgage loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,265,890

1,811,058

2,100,948

1,735,720

1,212,620

642,645

168,165

0

0

0

Payments to Acquire Real Estate

47,825

49,112

11,608

476,433

473,297

475,760

548,639

81,124

111,169

135,101

69,606

255,974

252,936

299,556

300,242

224,237

194,822

119,977

0

0

0

-

-

-

-

6,198

6,198

278

0

0

0

Investment in renovations

32,341

30,693

28,835

29,977

31,912

32,790

34,156

31,555

32,107

38,067

44,430

54,253

59,495

53,394

49,808

38,582

29,228

27,410

22,700

22,022

17,808

12,721

6,277

2,143

912

465

145

22

0

0

0

Payment of real estate tax advances

48

74

159

158

218

283

465

1,611

3,572

4,233

19,652

19,009

18,535

23,479

19,215

22,665

29,002

29,862

31,913

33,794

34,016

33,719

26,169

20,840

12,731

6,472

0

0

0

-

-

Proceeds from mortgage loan resolutions and dispositions

3,892

4,343

817

3,092

4,825

6,045

62,961

69,134

411,176

527,195

0

0

0

-

-

-

-

-

-

-

-

334,366

147,207

103,406

71,654

38,967

0

0

0

-

-

Receipt of mortgage loan payments

147

224

318

342

469

307

14,078

12,755

10,847

7,238

479,194

457,280

302,799

-22,870

-344,772

-404,159

-299,232

-26,206

-196,143

-120,836

-74,108

-20,900

-17,145

-11,730

-8,030

-4,901

0

0

0

-

-

Proceeds from dispositions of real estate

91,093

190,973

177,728

164,053

160,845

81,739

125,668

180,900

224,085

264,174

573,579

512,002

448,312

378,043

152,050

153,866

154,683

154,880

31,149

32,633

28,734

23,652

12,456

4,151

1,419

685

0

0

0

-

-

Proceeds from casualty insurance

221

1,697

2,027

4,138

4,127

2,588

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Disposition of preferred stock of affiliate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

18,000

0

0

0

-

-

-

-

-

-

-

-

-

-

Acquisition related deposits

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Disposition of real estate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment in derivative financial instrument

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Real estate tax advances

48

74

159

158

218

283

465

1,611

3,572

4,233

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Mortgage loan dispositions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Change in restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-13,478

-8,190

-7,432

-7,404

-8,941

-10,269

-7,334

-5,878

-3,092

0

0

0

0

Net cash provided by investing activities

15,139

117,358

140,899

-346,412

-346,730

-429,553

-403,746

137,465

492,357

621,206

658,414

518,251

390,690

567,528

804,447

911,527

740,595

489,948

366,041

202,803

-311,321

-974,920

-1,722,250

-2,047,410

-1,700,664

-1,206,230

-636,185

-181,545

0

0

0

Financing activities:
Proceeds from exercise of stock options

237

151

138

137

1

108

108

167

169

243

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of common stock, including stock option exercises

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

187

-

255

4,380

4,421

491,388

852,333

848,330

1,171,656

684,615

423,119

423,427

0

0

0

Payment of tax withholdings on share-based compensation plan awards

105

84

0

0

0

-

-

-

-

138

141

137

137

24

0

0

0

-

-

-

-

7,669

7,638

3,635

3,658

123

116

24

0

0

0

Shares withheld for taxes upon vesting of restricted stock

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of issuance of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

147

266

15,290

27,578

27,691

40,727

25,729

13,441

13,253

0

0

0

Repurchase of common stock

-

-

-

-

-

-

-

-

-

5,165

7,919

14,024

13,852

21,538

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends on common stock

32,629

32,526

32,486

32,396

32,285

32,261

32,232

32,176

32,133

32,162

32,229

32,337

32,503

38,286

60,855

120,371

112,167

98,334

99,140

62,907

88,627

116,025

95,148

66,205

40,485

13,087

2,509

0

0

0

0

Dividends on common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

Proceeds from issuance of other secured borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

220,931

396,117

561,117

390,116

339,426

0

0

0

-

-

-

-

-

-

Repayments of other secured debt

-

-

-

-

-

-

-

-

-

144,971

157,950

161,497

82,251

361,544

371,090

378,535

386,742

54,823

32,642

21,650

9,600

344

0

0

0

-

-

-

-

-

-

Proceeds from repurchase and loan agreements

77,781

91,467

565,047

1,148,068

1,137,788

1,116,000

594,863

1,229

106,218

112,317

511,974

564,713

514,257

793,392

453,616

577,161

598,434

347,077

427,745

454,485

1,000,255

1,094,042

1,223,655

1,358,969

804,228

689,490

418,099

79,761

0

0

0

Repayments of repurchase and loan agreements

76,172

173,161

643,566

760,934

754,662

659,381

228,662

123,210

386,597

462,808

763,436

832,696

716,044

823,192

668,109

657,010

675,908

594,564

771,587

899,363

770,918

681,424

304,126

87,958

117,204

87,108

79,299

79,289

0

0

0

Payment of financing costs

1,608

1,648

7,193

10,343

10,851

10,656

8,236

4,630

6,582

8,106

7,410

9,655

10,060

11,331

8,902

8,806

10,505

9,832

10,999

10,173

7,603

5,385

4,664

4,455

2,305

3,282

2,254

1,162

0

0

0

Principal repayments of finance leases

1,105

1,015

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Premium paid for interest rate cap derivatives

-

-

-

-

-

28,330

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash (used in) provided by financing activities

-35,255

-117,702

-146,823

327,335

312,097

385,155

324,580

-171,216

-405,788

-540,790

-456,836

-485,417

-340,375

-462,440

-679,848

-589,710

-446,960

-214,418

-110,372

-14,429

509,068

1,098,719

1,801,834

2,017,355

1,771,505

1,244,776

743,604

409,465

0

0

0

Net change in cash, cash equivalents and restricted cash

-17,877

-3,151

-34,267

-67,349

-74,079

-80,328

-96,746

-53,128

54,562

32,265

131,860

-40,957

-40,506

-8,045

-16,891

159,040

75,467

57,820

7,854

-60,256

5,224

-49,822

-22,225

-92,557

26,075

15,983

97,752

223,315

0

0

0

Supplemental disclosure of cash flow information:
Cash paid for:
Interest

70,325

72,998

78,115

78,569

74,840

69,628

60,172

55,841

54,250

52,885

51,570

46,670

41,741

39,838

40,390

45,736

48,316

47,286

45,885

42,454

36,911

31,218

22,280

12,566

7,169

2,445

0

0

0

-

-

Income taxes

-

-

-

-

-

-

-

-

-

28

28

28

1

180

232

232

232

52

0

0

0

-

-

-

-

-

-

-

-

-

-

Non-cash transactions:
Seller financing of assets acquired

-

-

-

-

-

-

-

-

-

401,211

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Transfer of mortgage loans to real estate owned, net

755

4,131

6,887

8,611

8,448

4,935

295

-355

9,746

40,436

80,912

128,038

174,998

206,987

279,238

321,343

397,937

470,221

535,733

634,979

625,566

587,268

431,329

247,586

127,386

31,014

10,598

4,399

0

0

0

Transfer of mortgage loans at fair value to mortgage loans held for sale

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

Changes in accrued capital expenditures

203

-1,549

64

-1,721

-751

526

-815

1,414

-85

2,245

1,393

-2,115

-1,539

-3,212

-3,247

261

-49

-1,388

-3,397

673

2,721

4,151

0

0

0

-

-

-

-

-

-

Change in accrued capital expenditures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

-

0

Changes in receivables from mortgage loan resolutions and dispositions, payments and real estate tax advances to borrowers, net

-811

-225

-50

-1,029

776

-333

-123

-5,996

-11,194

-6,152

-11,107

299

6,533

-4,945

-3,299

-41,723

-10,399

-592

-507

41,587

11,625

10,024

17,148

11,025

9,201

9,812

5,745

3,583

0

0

0

Changes in receivables from real estate owned dispositions

-5,679

6,829

6,330

8,380

8,671

-2,341

-5,543

-3,316

-5,154

-13,456

-3,348

-25,810

-23,104

-4,377

2,008

23,222

24,399

15,252

3,492

6,009

5,270

4,640

0

0

0

-

-

-

-

-

-

Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Right-of-use lease assets recognized - operating leases

162

1,527

1,475

1,485

1,365

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Right-of-use lease assets recognized - finance leases

1,365

2,032

1,327

1,103

893

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities incurred

162

1,527

1,475

1,437

1,365

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Finance lease liabilities incurred

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends declared but not paid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-