Stratus properties inc. (STRS)
CashFlow / TTM
Dec'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
Cash flow from operating activities:
Net income (loss)

-

-

-

-1,254

-

-

-

4,684

3,884

10,579

-5,388

-6,986

-5,999

-5,515

9,885

12,128

17,595

30,508

17,545

19,049

18,157

7,027

5,252

6,955

5,894

3,896

3,293

-4,290

-4,313

-10,885

-12,970

-6,480

-5,233

0

0

0

Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation

11,006

10,573

9,909

9,259

8,571

8,096

7,951

7,654

7,853

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,121

8,743

8,977

9,155

9,034

8,977

8,976

8,987

9,070

9,053

9,033

9,420

9,278

9,165

9,226

8,785

8,728

8,426

0

0

0

Cost of real estate sold

7,210

9,824

9,554

11,811

10,283

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of real estate sold

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

-6,268

-

-10,888

-11,742

-14,308

-15,725

-15,375

-17,650

-32,943

-42,944

-46,508

-61,571

-47,250

-44,810

88,188

99,309

81,521

70,623

0

0

0

Gain on sale of 7500 Rialto, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,218

3,218

3,218

0

0

0

0

-

-

-

-

5,146

-5,146

-5,146

-5,146

0

0

0

0

Gain on sales of assets

5,683

1,989

1,952

2,113

0

42

24,348

24,348

25,463

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss (gain) on interest rate derivative contracts

-188

-318

-253

-50

187

0

0

0

-

-

-

678

218

-39

-1,131

-1,043

-724

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on early extinguishment of debt

-247

-247

-16

-16

0

0

0

0

-532

-532

-532

-532

-837

-837

-837

-837

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt issuance cost and share based compensation

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt issuance cost amortization and stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

-

441

401

365

338

316

317

285

269

289

318

369

422

0

0

0

Debt issuance cost amortization and stock-based compensation

1,574

1,512

1,614

1,743

1,859

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equity in unconsolidated affiliates’ loss (income)

-19

926

1,143

1,153

1,150

179

-36

-35

-49

-43

-41

-64

51

-831

-1,108

-1,322

-1,299

466

556

552

1,112

175

251

643

-76

-46

7

5

-29

-83

-97

-333

-337

0

0

0

Increase (decrease) in deposits

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in deposits

-

0

0

410

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-434

-

-245

242

-80

425

709

-12

378

0

0

0

0

-

-13,476

-6,402

-6,233

-6,529

0

0

0

Deferred income taxes, excluding U.S. tax reform charge

-318

-60

27

207

-588

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Purchases and development of real estate properties

-

0

0

43,346

-

32,099

14,120

14,339

14,395

14,852

14,920

15,118

14,575

16,565

18,163

22,799

26,237

27,908

45,814

53,500

54,928

50,152

32,684

20,918

16,595

14,199

10,748

7,258

8,591

-87,191

-78,412

-66,113

-58,590

0

0

0

Recovery of land previously sold

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

485

485

485

485

0

0

0

0

-

-

-

-

Municipal utility districts reimbursements

1,100

900

900

900

0

11,627

11,627

11,627

13,799

2,172

14,474

14,474

12,302

0

0

0

-

-

-

-

-

-

-

-

208

208

208

208

0

0

0

0

-

-

-

-

Increase in other assets

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in other assets

-

-

-

-

-

-

-

-

-

-

-542

5,202

6,211

2,139

8,443

4,665

2,983

3,727

4,623

3,056

3,147

-170

-24,824

-14,350

-11,100

-1,260

21,968

13,833

12,420

8,990

5,436

1,885

2,326

0

0

0

Decrease in accounts payable, accrued liabilities and other

-1,836

521

2,352

3,914

-966

7,839

5,516

4,351

10,126

-10,548

-4,150

837

-3,157

2,448

5,316

4,635

7,240

12,918

7,644

5,716

4,389

2,857

-736

488

1,863

4,470

2,772

1,626

-2,369

10,314

20,873

16,066

24,101

0

0

0

Net cash used in operating activities

-2,360

-9,289

-24,761

-22,214

-31,889

-896

19,071

14,811

12,772

-17,527

-8,461

-10,037

-3,720

-4,252

-11,463

-4,664

-1,790

6,863

-11,586

-20,917

-21,562

-16,005

25,000

43,777

55,941

52,567

44,106

32,862

21,292

23,049

7,705

18,489

35,902

0

0

0

Cash flow from investing activities:
Capital expenditures

62,550

59,631

63,940

66,999

61,932

73,184

71,961

56,154

34,079

17,758

10,880

16,648

28,215

42,615

60,873

60,770

55,178

41,924

22,591

14,592

6,804

3,658

2,707

2,804

2,386

0

0

0

-

-

-

-

-

-

-

-

Proceeds from sales of assets

10,820

3,170

3,170

3,170

0

0

0

0

117,261

117,261

117,261

117,261

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments on master lease obligations

1,798

1,852

1,946

2,030

2,112

2,019

2,201

2,262

2,196

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of noncontrolling interest in consolidated subsidiary

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other, net

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Return of investment in (investment in) unconsolidated affiliates

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

900

-

-2,707

-2,786

-2,829

-4,069

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Commercial leasing properties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,731

4,111

6,205

7,131

6,303

0

0

0

Hotel

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

64

1,034

1,005

2,114

6,370

0

0

0

Entertainment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

200

490

57

655

4,985

0

0

0

Return of investment in (investment in) unconsolidated affiliates

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

185

185

185

685

500

0

0

0

Proceeds from sale of 7500 Rialto

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,697

5,697

5,697

5,697

0

0

0

0

Net cash used in investing activities

-63,882

-63,264

-67,196

-70,392

-64,018

-74,813

-74,238

-58,383

80,949

97,788

105,391

100,346

-28,247

-43,318

-18,364

-18,404

-12,590

4,049

-19,805

-11,763

-2,735

-2,290

-1,762

-2,629

-3,486

-3,500

-3,357

-2,713

517

-123

-1,755

-4,888

-18,158

0

0

0

Cash flow from financing activities:
Borrowings from credit facility

27,186

21,186

26,186

30,222

34,436

34,436

49,336

48,300

47,200

54,169

41,169

42,669

32,969

10,500

30,826

33,326

42,326

63,326

36,000

47,000

36,000

28,500

32,500

18,500

18,000

20,155

24,155

21,155

24,655

28,561

19,061

19,061

22,561

0

0

0

Payments on credit facility

34,925

21,978

21,404

21,817

9,981

20,442

20,431

20,310

67,981

54,104

68,209

66,388

19,573

30,526

20,036

27,248

32,263

23,990

21,453

18,690

12,915

21,470

28,072

36,336

44,612

39,761

49,850

38,393

36,391

36,311

17,306

16,334

9,023

0

0

0

Borrowings from project loans

-

-

-

74,579

-

-

-

25,259

15,793

14,340

18,848

23,231

179,957

213,810

252,735

253,320

99,670

64,978

44,398

41,362

34,588

37,277

113,474

109,033

109,042

101,861

3,365

3,679

10,816

16,069

14,367

27,018

31,128

0

0

0

Payments on project and term loans

-

-

-

10,136

-

-

-

3,244

64,761

72,764

76,498

75,318

163,120

161,599

183,779

183,895

43,096

36,530

17,123

21,191

12,528

12,374

73,430

68,999

68,806

71,713

14,220

14,151

20,638

28,315

23,970

52,831

75,417

0

0

0

Cash dividend paid

31

63

49

49

32

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock-based awards net payments

-234

-162

-28

-28

-131

-204

-204

-202

-235

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common stock issuance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Stock-based awards net payments

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

1,569

-

1,722

-79

-28

-125

-124

-127

-126

-9

7

-55

-43

-2

-32

-32

-63

-88

0

0

0

Noncontrolling interests’ (distributions) contributions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-11,637

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Noncontrolling interests distributions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

1,851

5,827

8,505

10,088

0

0

0

Common stock issuance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,817

0

0

0

-

-

-

-

Repurchases of treasury stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

679

774

971

1,122

957

820

623

371

0

0

0

0

-

-

-

-

Financing costs

1,366

1,920

1,006

1,960

1,751

0

0

0

-

-

-

-

1,337

1,331

1,252

1,208

265

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by financing activities

65,915

75,205

88,299

93,400

95,436

82,898

67,062

39,967

-79,820

-68,490

-93,986

-76,646

28,528

30,620

14,919

9,629

1,771

-4,398

32,605

37,644

32,635

-467

-16,763

-36,577

-43,932

-20,411

-38,039

-28,935

-17,110

-13,735

2,389

-10,465

-21,389

0

0

0

Net increase in cash, cash equivalents and restricted cash

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase (decrease) in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-3,439

-16,950

-14,908

-13,439

-12,609

6,514

1,214

4,964

8,338

-18,762

6,475

4,571

8,523

28,656

2,710

1,214

4,699

9,191

8,339

3,136

-3,645

0

0

0