Rpt realty (RPT)
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
OPERATING ACTIVITIES
Net income

83,335

93,686

15,038

19,828

21,269

18,036

43,651

62,916

64,765

70,719

56,376

40,616

62,384

61,112

69,087

89,824

69,093

66,895

39,283

10,940

4,771

-2,412

4,835

4,287

8,949

11,462

18,430

16,036

12,418

7,092

-34,145

-31,664

-28,299

-28,500

0

0

0

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization

80,276

78,647

81,473

82,605

85,434

87,327

87,772

89,752

89,630

91,335

91,269

91,384

90,763

91,793

94,848

94,517

92,923

89,439

85,002

81,266

83,804

81,182

76,509

72,556

63,600

56,841

51,399

46,787

41,932

39,822

38,761

36,970

36,971

37,026

0

0

0

Amortization of deferred financing fees

1,400

1,419

1,432

1,461

1,485

1,503

1,518

1,486

1,452

1,418

1,384

1,381

1,409

1,443

1,479

1,523

1,479

1,433

1,384

1,337

1,377

1,446

1,493

1,533

1,509

1,447

1,410

1,382

1,415

1,454

1,499

1,529

1,627

1,879

0

0

0

Income tax provision

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

761

-

-

-

-

Income tax provision

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

0

0

Earnings from unconsolidated joint ventures

783

581

472

396

572

589

620

405

258

273

340

377

431

454

1,061

14,919

15,145

17,696

17,383

3,861

4,342

75

-68

-136

-692

-4,759

-3,863

-3,242

-2,922

3,248

-1,583

1,112

1,203

1,669

0

0

0

Distributions received from operations of unconsolidated joint ventures

214

231

194

219

341

546

671

741

586

738

727

706

812

496

716

1,111

1,235

1,744

1,532

1,429

1,665

1,881

2,793

2,787

2,979

3,232

2,690

2,969

3,856

3,793

4,571

4,843

4,307

4,413

0

0

0

Provision for impairment

-

-

-

-

-

-

-

-

-

9,404

8,423

7,514

6,694

977

977

0

0

2,521

30,386

30,386

30,386

27,865

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Other gain on unconsolidated joint ventures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

117

117

117

117

5,282

0

0

0

-

-

-

-

-

-

-

-

Gain on sale of real estate

76,154

81,856

9,886

9,886

9,696

3,994

17,025

41,570

41,389

52,764

36,017

20,832

40,631

35,781

45,249

40,425

20,899

17,570

15,932

11,654

14,053

10,857

3,234

3,620

2,817

6,399

6,095

5,451

3,654

405

1,426

1,437

9,815

9,638

0

0

0

Amortization of acquired above and below market lease intangibles, net

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of premium on mortgages, net

939

953

1,069

1,053

1,521

1,019

1,251

1,218

1,185

1,153

-1,339

-1,488

-1,639

-1,815

-1,808

-1,791

-1,726

-1,687

-1,572

-1,597

-1,392

-1,138

-968

-702

-710

-541

-371

-200

-28

-30

-31

-33

-34

-35

0

0

0

Service-based restricted share expense

3,501

3,493

3,425

3,766

4,761

4,673

4,720

4,415

2,789

2,710

2,681

2,717

2,865

2,861

2,698

2,131

2,004

1,888

1,815

2,115

2,088

2,093

2,155

2,135

2,163

2,151

2,143

2,186

2,097

2,120

2,056

1,976

1,906

1,849

0

0

0

Long-term incentive cash and equity compensation expense

3,118

3,045

2,304

2,144

2,138

2,003

2,790

2,031

1,884

1,695

88

79

137

664

956

-76

-124

-271

539

2,176

2,234

2,527

2,022

1,869

1,599

1,498

1,259

994

864

445

0

0

0

-

-

-

-

Changes in assets and liabilities, net of effect of acquisitions and dispositions:
Accounts receivable, net

-3,808

637

-4,063

-2,197

1,188

-2,390

10

-1,826

-1,789

1,974

2,162

1,818

2,401

-1,859

55

4,040

4,125

6,708

4,469

2,098

3,775

2,349

2,413

3,400

2,381

1,672

222

-1,876

-2,186

-1,128

630

416

108

252

0

0

0

Other assets, net

604

1,756

3,421

3,724

3,639

2,979

3,489

1,965

2,254

2,183

328

626

651

-674

-2,961

-4,005

-4,065

-4,529

-5,077

-4,394

-4,445

-5,420

-2,695

217

-1,682

689

-278

-6,992

-6,184

-6,349

-7,458

-3,261

-7,223

-4,577

0

0

0

Accounts payable and other liabilities

-7,969

-2,172

-1,241

-6,891

-4,685

-469

-1,801

2,813

2,690

2,507

-5,659

-5,960

-5,295

-8,568

-7,615

-8,523

-6,791

-9,920

-7,157

-7,186

1,150

4,212

590

2,418

4,457

9,043

13,688

5,383

2,714

172

-1,768

-1,221

-6,501

-3,903

0

0

0

Net cash provided by operating activities

87,038

90,593

96,146

89,658

92,650

106,322

108,885

119,779

119,986

117,925

115,696

114,803

115,322

116,601

118,833

115,366

113,062

105,630

109,541

106,575

109,277

110,592

97,038

90,244

91,312

85,583

85,032

78,215

68,608

62,194

55,843

51,176

47,567

44,703

0

0

0

INVESTING ACTIVITIES
Acquisitions of real estate

-

-

-

-

-

6,365

6,365

7,283

7,484

169,882

182,872

181,954

181,753

12,990

0

140,826

151,448

152,923

153,874

276,511

265,889

264,414

383,581

140,093

189,657

342,189

0

0

0

-

-

-

-

77,260

0

0

0

Development and capital improvements

43,552

55,842

58,836

62,215

71,117

77,173

83,625

81,884

72,416

63,256

60,858

62,452

64,388

68,038

69,163

67,761

65,913

60,923

66,874

70,000

81,483

80,742

71,471

61,205

49,509

44,625

27,312

40,021

38,398

38,431

0

0

0

-

-

-

-

Capital improvements covered by insurance

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net proceeds from sales of real estate

118,261

185,221

183,051

183,001

183,452

116,492

96,398

190,395

189,041

216,463

124,182

49,851

105,716

90,975

108,797

98,400

53,512

45,960

48,778

40,379

39,285

34,156

20,099

24,839

24,297

33,916

24,570

18,960

15,014

10,292

14,117

28,403

32,453

28,803

0

0

0

Investment in unconsolidated joint ventures

4,749

4,738

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,979

5,546

5,813

4,694

3,869

3,302

4,275

6,854

9,279

0

0

0

Change in restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-326

-1,601

-1,723

545

3,433

-5,529

6,135

4,709

-3,501

10,083

-1,671

-438

3,471

-628

135

-2,171

-1,686

-1,376

-1,327

337

0

0

0

Proceeds from equity interests in unconsolidated joint ventures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

Purchase of partner's equity in consolidated joint ventures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,000

0

0

0

Net cash (used in) provided by investing activities

39,224

95,095

126,200

127,094

121,643

42,262

15,716

104,228

109,141

-16,675

-120,230

-195,479

-139,101

11,250

47,188

-101,357

-156,201

-154,333

-167,244

-292,444

-306,063

-315,723

-431,452

-186,542

-217,286

-355,752

-251,801

-261,697

-322,431

-173,210

-197,999

-146,682

-70,561

-79,747

0

0

0

FINANCING ACTIVITIES
Proceeds on notes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

135,586

0

0

0

Repayment of mortgages and notes payable

330,566

330,678

33,973

33,960

5,822

5,810

39,296

39,454

39,611

39,775

129,116

129,133

129,265

149,956

24,145

94,373

112,654

92,305

92,503

22,466

124,131

153,795

157,145

157,425

151,452

121,817

118,477

118,283

24,115

24,200

-52,753

24,838

49,671

79,840

0

0

0

Proceeds on revolving credit facility

244,400

19,400

25,000

45,000

65,000

90,000

99,000

101,000

105,000

258,000

228,000

421,000

347,000

185,000

195,000

205,000

272,000

246,000

389,000

284,000

218,000

250,000

110,000

-3,000

19,000

-13,000

-35,000

-58,000

11,000

10,500

0

0

0

-

-

-

-

Repayments on revolving credit facility

-

-

-

-

-

-

-

-

-

314,000

89,000

183,000

165,000

159,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (repayments) proceeds on revolving credit facility

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Payment of deferred financing costs

0

-

-

-

0

-

-

-

-

-

-

-

-

698

550

704

896

522

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

2,839

0

0

0

Proceeds from issuance of common shares, net of costs

-450

-96

0

0

0

-

-

-

-

-24

-41

-71

-226

-202

-185

-170

341

17,110

17,078

137,607

172,162

170,372

249,724

145,890

123,193

274,295

204,913

200,217

269,763

111,468

101,538

89,611

7,938

8,819

0

0

0

Repayment of finance lease obligation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

720

739

832

921

328

355

347

341

337

332

327

323

318

313

309

304

300

0

0

0

Redemption of operating partnership units for cash

-

-

-

-

-

100

89

2

7

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Shares used for employee taxes upon vesting of awards

1,174

608

611

1,713

1,474

1,784

1,782

651

424

498

1,071

1,072

628

574

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Conversion of operating partnership units for cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

Dividends paid to preferred shareholders

6,701

6,701

6,701

6,701

6,701

6,701

6,701

6,701

6,701

6,701

6,701

6,701

6,701

6,701

6,703

6,702

6,840

6,977

7,112

7,250

7,250

7,250

7,250

7,250

7,250

7,250

7,250

7,250

7,250

7,250

0

0

0

-

-

-

-

Dividends paid to common shareholders

70,686

70,652

70,614

70,585

70,519

70,458

70,399

70,317

70,265

70,225

70,187

69,341

68,533

67,710

66,889

66,088

65,077

63,972

62,868

60,128

57,176

54,149

50,109

47,173

44,507

40,108

36,372

33,804

30,135

28,333

26,872

25,546

25,415

25,203

0

0

0

Distributions paid to operating partnership unit holders

1,680

1,681

1,680

1,681

1,683

1,683

1,684

1,686

1,686

1,687

1,688

1,688

1,667

1,667

1,701

1,729

1,777

1,804

1,797

1,770

1,743

1,716

1,689

1,646

1,603

1,580

1,682

1,735

1,783

1,814

2,002

2,033

2,080

2,159

0

0

0

Net cash provided by (used in) financing activities

108,269

-115,858

-193,846

-175,019

-141,509

-116,753

-114,902

-251,011

-249,869

-103,085

2,233

104,216

47,687

-128,477

-169,804

-16,572

33,828

46,012

53,290

159,716

204,478

208,671

341,458

127,341

119,775

271,731

163,198

181,333

258,991

103,094

128,707

93,383

16,602

37,024

0

0

0

Net change in cash, cash equivalents and restricted cash

234,531

69,830

28,500

41,733

72,784

31,831

9,699

-27,004

-20,742

-1,835

-2,301

23,540

23,908

-626

-3,783

-2,563

-9,311

-2,691

-4,413

-26,153

7,692

3,540

7,044

31,043

-6,199

1,562

-3,571

-2,149

5,168

-7,922

-13,449

-2,123

-6,392

1,980

0

0

0

SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITY
Assumption of debt related to acquisitions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

158,767

0

0

0

-

-

-

-

-

-

-

-

Proceeds from dispositions held in escrow

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
Cash paid for interest (net of capitalized interest of $1 and $24 in 2020 and 2019, respectively)

39,863

40,800

42,751

46,159

45,161

43,943

42,032

41,104

43,108

43,744

44,078

44,744

44,220

46,937

45,647

44,929

43,871

42,898

40,786

40,408

36,758

35,507

33,935

33,104

32,165

30,631

27,178

26,163

24,655

25,686

27,060

26,716

27,225

28,747

0

0

0

Deferred gain recognized in equity

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Reconciliation of cash, cash equivalents and restricted cash
Cash paid for federal income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

0

0

1

1

16

0

0

0

-

-

-

-