New senior investment group inc. (SNR)
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'14
Cash Flows From Operating Activities
Net income (loss)

5,837

-6,056

28,849

-9,586

-11,193

-86,626

-20,299

-39,081

-13,349

33,521

-14,539

3,121

-9,895

-2,802

-20,241

-27,358

-21,848

-22,022

-17,959

-21,191

-21,253

-13,284

-11,151

-11,030

-10,938

Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation of tangible assets and amortization of intangible assets

17,536

6,223

21,041

24,548

16,994

6,511

22,373

24,532

26,749

12,218

35,163

35,980

37,555

37,837

45,548

53,901

47,403

49,809

40,847

39,611

30,193

28,716

28,670

23,177

22,835

Amortization of deferred financing costs

742

-728

923

1,513

792

304

4,102

3,162

2,132

1,303

2,223

2,309

2,465

2,384

2,375

2,413

2,428

2,543

2,304

2,275

2,198

2,189

2,083

2,005

2,054

Amortization of deferred revenue, net

-64

180

553

419

616

449

1,150

865

331

-392

15

14

190

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of deferred community fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

564

372

-

774

549

563

436

1,582

-864

266

Amortization of premium on mortgage notes payable

-

-

-

-

-

-

-

-

-

-56

-160

-152

-144

-156

-155

-146

-146

-151

-77

75

230

215

210

210

215

Non-cash straight-line rental revenue

134

135

134

148

173

173

173

1,693

3,326

4,338

4,394

4,552

4,581

5,379

5,379

5,531

5,553

6,577

6,345

6,374

6,166

6,898

6,898

6,072

6,064

Loss on extinguishment of debt

-5,884

35

0

-335

0

-

-

-

-

-2,935

0

-297

-375

-245

0

0

0

0

0

0

-5,091

0

0

0

0

Equity-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

139

0

5

0

0

0

17

0

0

0

0

Provision for bad debt

-

-

-

-

-

69

730

555

345

-105

477

597

645

598

494

535

523

656

625

357

467

273

212

204

233

Amortization of equity-based compensation

1,397

1,457

1,045

537

449

0

0

0

0

-214

0

75

139

0

139

0

0

-

-

-

-

-

-

-

-

Gain (Loss) on Sale of Properties

19,992

0

0

-122

0

-

-

-

-

49,217

0

18,347

4,199

-13,356

0

0

0

-

-

-

-

-

-

-

-

Other non-cash expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

Other non-cash expense

235

523

-118

113

1,046

2,110

1,051

-65

1,322

-825

1,090

119

87

-

108

370

187

-

-

-

-

-

-

-

-

Changes in:
Receivables and other assets, net

2,505

-1,398

456

-292

2,110

61

-57

4,307

796

-694

1,310

-436

198

-8,624

2,723

6,241

-317

-5,744

8,716

1,188

3,244

-2,592

1,053

5,550

2,042

Due to affiliates

-

-

-

-

-

10,582

2,199

4,183

-593

-6,052

3,431

1,063

-549

837

-1,018

1,211

949

-1,785

1,988

-483

3,042

-5,345

2,430

2,393

1,511

Accrued expenses and other liabilities

-10,072

-7,143

5,785

26,539

-20,244

-1,199

-1,548

9,549

2,915

-23,299

1,930

5,671

-297

-6,100

-1,786

17,103

-193

-8,771

8,709

6,947

2,985

-7,421

4,552

8,045

8,253

Net cash provided by (used in) operating activities - continuing operations

-1,136

-856

57,488

18,689

-13,823

-8,367

9,642

86,154

15,730

-29,953

23,926

26,556

21,454

22,659

20,293

35,693

23,700

23,050

20,959

19,960

12,997

601

17,169

13,050

15,791

Net cash provided by (used in) operating activities - discontinued operations

-3,105

-

-

-

2,728

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) operating activities

-4,241

-

-

-

-11,095

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash Flows From Investing Activities
Proceeds from the sale of real estate, net

-

-

-

-

-

-

-

-

-

292,270

0

32,398

14,956

-

-

-

-

-

-

-

-

-

-

-

-

Reimbursements (escrows) for capital expenditures, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-955

1,039

1,182

-

1,711

-153

445

2,512

478

287

253

Cash paid for acquisitions, net of deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

627,237

91,989

492,943

-

71,709

204,535

23,000

Capital expenditures, net of insurance proceeds

2,787

-

7,973

8,775

5,263

-

7,164

4,624

3,561

-

4,167

5,923

4,386

-

6,190

5,596

3,967

-

2,810

2,518

2,460

-

1,990

2,051

1,785

Deposits paid for real estate investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-494

-1,799

2,448

Net cash provided by (used in) investing activities - continuing operations

-2,787

976

-6,646

4,311

-5,263

421

-5,420

-4,624

-3,561

293,978

-4,167

26,475

10,570

-

-5,235

-6,635

-4,565

-

-632,258

-100,254

-500,803

-

-73,683

-205,074

-27,486

Net cash provided by (used in) investing activities - discontinued operations

373,805

-

-

-

-1,384

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deposits refunded (paid) for real estate investments

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-584

0

500

5,900

4,955

-

-

-

-

Net cash provided by (used in) investing activities

371,018

-

-

-

-6,647

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash Flows From Financing Activities
Principal payments of mortgage notes payable and capital lease obligations

1,189

-927

2,488

3,343

1,844

-2,720

3,281

5,623

7,159

2,612

7,647

6,757

4,900

4,446

3,940

3,899

3,955

3,916

3,772

3,735

4,176

3,794

3,671

3,532

2,739

Proceeds from mortgage notes payable

270,015

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

26,000

464,680

69,850

687,722

115,000

47,287

15,607

17,250

Proceeds from borrowings on revolving credit facility

100,000

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of mortgage notes payable

368,149

-402

0

13,674

0

-

-

-

-

159,936

0

13,238

14,730

13,725

0

0

0

0

15,000

0

289,484

0

0

0

0

Payment for Debt Extinguishment or Debt Prepayment Cost

4,504

0

0

206

0

-

-

-

-

2,953

0

133

178

189

0

0

0

0

0

0

1,499

0

0

0

0

Payment of deferred financing costs

4,767

-706

0

467

588

10,329

1,343

11,733

587

-579

579

0

0

-

-

-

-

771

3,496

1,019

7,779

1,590

510

205

252

Purchase of interest rate caps

81

0

0

0

35

2,405

0

61

280

0

0

0

0

-

-

-

-

210

0

48

989

0

0

0

0

Taxes paid related to net settlement of equity-based compensation awards

999

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of common stock dividend

10,708

10,687

10,687

10,688

10,687

10,681

10,684

21,357

21,359

21,359

21,359

21,357

21,357

21,353

21,353

21,350

21,356

22,498

17,268

15,276

15,276

0

0

0

0

Payments of Ordinary Dividends, Preferred Stock and Preference Stock

604

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of restricted equity award dividend

191

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repurchase of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-44

-30,840

-

0

0

0

-

-

-

-

Contributions from Drive Shack

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

213,743

31,308

204,038

12,129

Distributions to Drive Shack

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

114,659

22,890

13,350

8,081

Net cash provided by (used in) financing activities - continuing operations

-21,177

20,993

-48,274

-24,825

-13,154

-20,714

-15,300

-34,456

-29,385

-186,281

-29,585

-41,485

-41,165

-39,742

-25,293

-25,293

-56,151

-11,668

425,144

316,285

368,519

208,842

51,524

202,558

18,307

Net cash provided by (used in) financing activities - discontinued operations

-260,996

-

-

-

-1,087

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in financing activities

-282,173

-

-

-

-14,241

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase (decrease) in cash, cash equivalents and restricted cash

84,604

2,670

2,568

-2,082

-31,983

-83,609

-11,078

47,074

-17,216

67,389

-9,826

11,546

-9,141

-

-

-

-

-

-

-

-

-

-

-

-

Supplemental Disclosure of Cash Flow Information
Cash paid during the period for interest expense

18,922

20,303

22,188

22,792

22,171

-

-

-

-

21,513

21,726

21,455

20,679

20,625

20,810

20,757

20,365

19,984

16,152

13,169

13,565

12,906

10,591

12,862

8,667

Cash paid during the year for income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

190

0

7

240

1,028

82

Supplemental Disclosure of Non-Cash Investing and Financing Activities
Stock Issued During Period, Value, Issued for Services

0

0

0

0

275

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital lease obligations

278

763

0

-214

215

568

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net decrease in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-10,235

3,765

-37,016

-

-186,155

235,991

-119,287

183,828

-4,990

10,534

6,612