| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 |
|---|---|---|---|---|---|---|---|---|---|
Cash flow from operating activities: | |||||||||
Net income (loss) | |||||||||
-2,467 | -3,986 | 3,884 | -5,999 | 17,595 | 18,157 | 5,894 | -4,313 | -5,233 | -17,713 |
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: | |||||||||
Depreciation | |||||||||
11,006 | 8,571 | 7,853 | - | - | - | - | - | - | - |
Depreciation | |||||||||
- | - | - | 8,082 | 8,743 | 8,977 | 9,053 | 9,165 | 8,426 | 1,886 |
Cost of real estate sold | |||||||||
7,210 | 10,283 | 5,774 | 4,899 | 6,465 | - | - | - | - | - |
Gain on sales of assets | |||||||||
- | - | - | 0 | 20,729 | - | - | - | - | - |
U.S. tax reform charge | |||||||||
- | - | - | 0 | 0 | - | - | - | - | - |
Cost of real estate sold | |||||||||
- | - | - | - | - | -15,725 | -42,944 | -44,810 | 70,623 | 2,071 |
Gain on sale of 7500 Rialto, net of tax | |||||||||
- | - | - | - | - | 0 | 0 | 5,146 | 0 | - |
Gain on sales of assets | |||||||||
5,683 | 0 | 25,463 | - | - | 0 | 0 | - | - | - |
Loss (gain) on interest rate derivative contracts | |||||||||
-188 | 187 | 293 | 218 | -724 | -272 | -136 | - | - | - |
Loss on early extinguishment of debt | |||||||||
-247 | 0 | -532 | -837 | 0 | -19 | -1,379 | 0 | - | - |
Debt issuance cost amortization and stock-based compensation | |||||||||
- | - | - | - | - | - | 338 | 269 | 422 | 585 |
Debt issuance cost amortization and stock-based compensation | |||||||||
1,574 | 1,859 | 1,573 | 1,681 | 1,436 | 1,194 | - | - | - | - |
Equity in unconsolidated affiliates’ loss (income) | |||||||||
-19 | 1,150 | -49 | 51 | -1,299 | 1,112 | -76 | -29 | -337 | -323 |
Return on investment in unconsolidated affiliate | |||||||||
0 | 1,251 | 0 | - | - | 675 | 0 | - | - | - |
Increase in deposits | |||||||||
75 | 507 | - | - | - | - | - | - | - | - |
Increase (Decrease) in Security Deposits | |||||||||
75 | 507 | - | - | - | - | - | - | - | - |
Increase in deposits | |||||||||
- | - | -1,322 | 584 | 450 | - | - | - | - | - |
Deposits | |||||||||
- | - | - | - | - | 425 | 0 | - | -6,529 | -2,319 |
Deferred income taxes, excluding U.S. tax reform charge | |||||||||
-318 | -588 | -1,675 | -1,894 | 2,118 | -11,358 | - | - | - | - |
U.S. tax reform charge | |||||||||
0 | 215 | 7,580 | - | - | - | - | - | - | - |
Purchases and development of real estate properties | |||||||||
11,277 | 43,660 | - | - | - | - | - | - | - | - |
Deferred income taxes | |||||||||
- | - | - | - | - | - | 30 | -142 | 19 | 7,973 |
Purchases and development of real estate properties | |||||||||
- | - | 14,395 | 14,575 | 26,237 | 54,928 | 16,595 | 8,591 | -58,590 | -56,027 |
Recovery of land previously sold | |||||||||
- | - | - | - | - | - | 485 | 0 | - | - |
Municipal utility districts reimbursements | |||||||||
1,100 | 0 | 13,799 | 12,302 | 5,307 | 0 | 208 | 0 | - | 939 |
Increase in other assets | |||||||||
2,241 | 4,038 | -4,750 | 6,211 | 2,983 | 3,147 | -11,100 | 12,420 | 2,326 | -1,702 |
Decrease in accounts payable, accrued liabilities and other | |||||||||
-1,836 | -966 | 10,126 | -3,157 | 7,240 | 4,389 | 1,863 | -2,369 | 24,101 | 5,888 |
Net cash used in operating activities | |||||||||
-2,360 | -31,889 | 12,772 | -3,720 | -1,790 | -21,562 | 55,941 | 21,292 | 35,902 | -58,096 |
Cash flow from investing activities: | |||||||||
Capital expenditures | |||||||||
62,550 | 61,932 | 34,079 | 28,215 | 55,178 | 6,804 | 2,386 | - | - | - |
Proceeds from sales of assets | |||||||||
10,820 | 0 | 117,261 | 0 | 43,266 | 0 | 0 | - | - | - |
Payments on master lease obligations | |||||||||
1,798 | 2,112 | 2,196 | 0 | 0 | - | - | - | - | - |
Purchase of noncontrolling interests in consolidated subsidiaries | |||||||||
10,345 | 0 | - | - | - | - | - | - | - | - |
(Investment in) return of investment in unconsolidated affiliates | |||||||||
9 | -26 | - | - | - | - | - | - | - | - |
Purchase of noncontrolling interest in consolidated subsidiary | |||||||||
- | - | - | 0 | 61,991 | 0 | 0 | - | - | - |
Site development escrow deposit and other, net | |||||||||
- | - | - | 32 | 678 | - | - | - | - | - |
Return of investment in (investment in) unconsolidated affiliates | |||||||||
- | - | 37 | - | - | -4,069 | 1,100 | - | - | - |
Commercial leasing properties | |||||||||
- | - | - | - | - | - | - | 4,731 | 6,303 | 6,153 |
Hotel | |||||||||
- | - | - | - | - | - | - | 64 | 6,370 | 53,233 |
Entertainment | |||||||||
- | - | - | - | - | - | - | 200 | 4,985 | 16,507 |
Return of investment in (investment in) unconsolidated affiliates | |||||||||
- | - | - | - | - | - | - | 185 | 500 | 15 |
Proceeds from sale of 7500 Rialto | |||||||||
- | - | - | - | - | - | - | 5,697 | 0 | - |
Net cash used in investing activities | |||||||||
-63,882 | -64,018 | 80,949 | -28,247 | -12,590 | -2,735 | -3,486 | 517 | -18,158 | -75,908 |
Cash flow from financing activities: | |||||||||
Borrowings from credit facility | |||||||||
27,186 | 34,436 | 47,200 | 32,969 | 42,326 | 36,000 | 18,000 | 24,655 | 22,561 | 20,359 |
Payments on credit facility | |||||||||
34,925 | 9,981 | 67,981 | 19,573 | 32,263 | 12,915 | 44,612 | 36,391 | 9,023 | 7,652 |
Borrowings from project loans | |||||||||
143,318 | 56,999 | 15,793 | 179,957 | 99,670 | 34,588 | 109,042 | 10,816 | 31,128 | 111,002 |
Payments on project and term loans | |||||||||
67,943 | 6,693 | 64,761 | 163,120 | 43,096 | 12,528 | 68,806 | 20,638 | 75,417 | 4,436 |
Cash dividend paid | |||||||||
31 | 32 | 8,133 | 0 | 0 | - | - | - | - | - |
Stock-based awards net payments | |||||||||
-234 | -131 | -235 | -368 | 1,634 | - | - | - | - | - |
Stock-based awards net payments | |||||||||
- | - | - | - | - | -125 | -9 | -2 | -88 | -22 |
Noncontrolling interests’ (distributions) contributions | |||||||||
-90 | 22,589 | 0 | 0 | -4,244 | -11,637 | -54,721 | 341 | - | - |
Noncontrolling interests distributions | |||||||||
- | - | - | - | - | - | - | - | 10,088 | 12,190 |
Common stock issuance | |||||||||
- | - | - | - | - | - | - | 4,817 | 0 | - |
Repurchases of treasury stock | |||||||||
- | - | - | - | - | 679 | 957 | 0 | 307 | 0 |
Financing costs | |||||||||
1,366 | 1,751 | 1,703 | 1,337 | 265 | 69 | 1,869 | 708 | 331 | 1,105 |
Net cash provided by financing activities | |||||||||
65,915 | 95,436 | -79,820 | 28,528 | 1,771 | 32,635 | -43,932 | -17,110 | -21,389 | 130,336 |
Net decrease in cash, cash equivalents and restricted cash | |||||||||
-327 | -471 | 13,901 | - | - | - | - | - | - | - |
Decrease (increase) in cash, cash equivalents and restricted cash in assets held for sale | |||||||||
-723 | 3,154 | - | - | - | - | - | - | - | - |
Net increase (decrease) in cash and cash equivalents | |||||||||
- | - | - | -3,439 | -12,609 | 8,338 | 8,523 | 4,699 | -3,645 | -3,668 |
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax | |||||||||
- | - | - | 0 | 3,218 | - | - | - | - | - |