Sun communities inc (SUI)
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 (Loss), Including Portion Attributable to Noncontrolling Interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

170,003

170,473

58,414

45,459

34,583

33,196

47,846

27,074

22,738

20,148

16,913

10,668

9,873

7,995

6,485

6,739

3,273

-535

0

0

0

Adjustments to reconcile net income to net cash provided by operating activities:
Gain on disposition of assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,051

3,806

3,773

3,291

2,748

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Gain on disposition of properties, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

125,376

30,084

25,525

26,423

17,654

14,516

885

-635

0

-87

-87

570

0

87

87

65

0

0

0

0

(Gain) loss on valuation of derivative instruments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

4

-16

-14

-14

-13

0

0

0

Share-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,108

6,705

5,992

5,224

4,879

4,431

4,252

3,765

3,199

2,569

1,945

1,682

1,463

1,406

1,663

1,739

1,609

0

0

0

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

174,589

170,907

157,200

145,298

131,003

119,330

115,087

109,518

105,210

100,413

95,902

91,765

86,487

81,809

79,276

76,712

73,484

0

0

0

Amortization of below market lease

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,073

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of debt premium

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-10,483

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of deferred financing costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,936

1,605

1,346

1,169

1,056

1,362

1,364

2,264

2,713

2,579

2,722

1,908

1,619

1,670

1,584

1,691

1,707

0

0

0

Income from nonconsolidated affiliates

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,200

-1,900

-2,200

-3,050

-2,250

-8,700

-7,400

-4,250

-3,900

3,700

3,550

3,200

2,100

0

0

0

Change in notes receivable from financed sales of inventory homes, net of repayments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,270

6,130

11,036

17,826

15,300

9,945

10,891

1,237

6,228

12,206

6,886

11,616

8,583

8,458

7,722

6,715

5,868

0

0

0

Change in inventory, other assets and other receivables, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14,618

32,094

17,861

11,097

11,144

5,427

5,179

-1,920

1,441

-8,087

-4,987

-1,250

1,211

-9,917

-6,630

-12,472

-18,461

0

0

0

Change in other liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,728

24,531

11,713

4,922

10,395

-8,690

4,402

-68

-5,801

12,052

8,152

8,111

3,484

6,172

5,035

4,987

12,080

0

0

0

Net Cash Provided By Operating Activities

492,106

476,734

460,203

424,276

385,350

363,114

333,045

300,039

269,680

257,983

277,318

269,033

259,737

241,455

225,764

218,918

192,245

182,263

170,839

148,600

129,590

133,320

129,616

131,356

131,724

114,683

123,650

104,207

93,832

87,251

76,778

77,704

68,046

63,311

0

0

0

INVESTING ACTIVITIES:
Investment in properties

587,216

569,261

544,474

494,480

435,679

389,399

342,321

315,263

295,630

288,537

266,739

257,131

236,640

223,429

219,695

211,535

216,308

208,427

194,919

188,157

181,248

177,866

170,334

173,527

178,261

179,413

175,425

154,067

134,218

125,075

116,326

109,143

101,486

87,720

0

0

0

Acquisitions of properties, net of cash acquired

217,818

472,681

418,433

368,007

597,186

320,268

355,773

340,916

109,761

120,377

84,553

65,817

1,500,593

1,487,593

1,473,367

1,533,542

160,654

309,274

598,490

526,610

471,069

426,591

176,834

176,834

170,700

122,176

272,301

307,553

280,453

249,317

85,402

50,795

101,653

77,171

0

0

0

Proceeds related to affiliate dividend distribution

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,200

1,900

2,200

2,250

2,250

2,200

2,100

3,550

3,900

3,700

3,550

2,500

2,100

0

0

0

Proceeds from disposition of land

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

221

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from dispositions of assets and depreciated homes, net

62,161

61,337

64,187

65,853

62,331

55,855

36,808

23,893

10,989

8,575

91,533

87,425

88,747

88,696

5,754

8,713

8,352

6,848

4,221

1,479

1,831

3,312

2,166

2,983

1,807

-1,017

1,521

1,461

848

936

172

172

88

0

0

0

0

Payments for deposits on acquisitions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

323

2,260

-30,728

17,989

19,014

17,064

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Payments to Acquire Notes Receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

49,441

49,441

49,441

49,441

0

0

0

0

-

-

-

-

Proceeds related to the disposition of properties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

137,730

165,936

78,874

94,522

45,511

61,690

76,988

59,706

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds (financing) related to disposition of assets and depreciated homes, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

2,684

2,757

3,997

3,859

0

0

0

Issuance of notes and other receivables

0

-

-

-

0

-

-

-

4,364

3,918

11,702

7,648

9,334

10,633

2,439

4,687

-36,705

1,755

-12

-1,228

38,586

-297

3,599

4,563

4,817

3,841

0

0

0

-

-

-

-

-

-

-

-

Other investing activities

-

-

-

-

-

-

-

-

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of notes and other receivables

4,366

4,542

4,681

5,141

4,663

4,312

3,731

3,150

2,977

2,615

14,150

13,635

13,307

13,238

1,403

1,605

1,692

1,764

1,539

1,671

6,128

6,080

6,072

5,719

1,315

1,226

0

0

0

-

-

-

-

-

-

-

-

Repayments of notes and other receivables

56,296

60,742

108,042

106,256

95,630

84,997

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Distributions from nonconsolidated affiliates

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in notes receivable, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

Net Cash Used For Investing Activities

-787,304

-1,010,457

-987,891

-896,782

-1,057,708

-733,743

-679,060

-642,007

-398,497

-401,642

-341,298

-313,023

-1,640,925

-1,614,512

-1,550,878

-1,576,947

-246,264

-413,184

-705,288

-658,788

-624,207

-550,705

-330,725

-328,503

-348,741

-352,412

-494,186

-508,782

-465,818

-375,219

-201,067

-159,040

-196,975

-159,328

0

0

0

FINANCING ACTIVITIES:
Issuance of common stock, OP units, and preferred OP units, net

437,963

440,782

441,259

980,991

622,515

623,540

654,191

114,354

463,832

487,677

459,213

791,062

386,168

750,534

982,049

692,302

661,693

310,396

86,896

395,227

419,358

572,171

562,561

213,595

186,057

261,760

0

0

0

-

-

-

186,028

58,366

0

0

0

Net proceeds from stock option exercise

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

173

-

72

71

145

127

126

179

154

201

218

166

117

166

274

300

945

841

0

0

0

Borrowings on lines of credit

3,616,560

3,881,543

3,037,559

2,846,460

2,669,270

1,542,677

1,272,747

1,130,767

727,901

661,000

681,367

753,950

771,388

580,754

501,494

762,112

461,141

421,184

536,050

370,609

382,995

526,546

540,086

439,940

414,193

415,410

363,932

370,952

377,451

253,195

214,124

184,866

228,087

214,631

0

0

0

Payments on lines of credit

3,486,590

3,883,950

2,896,927

3,307,227

2,818,775

1,456,486

1,272,748

594,356

360,446

719,536

739,366

1,111,515

651,187

505,409

610,494

441,855

402,924

401,978

369,050

371,327

399,292

702,135

594,851

419,765

398,144

263,808

312,155

377,297

383,043

352,448

315,469

248,560

284,992

180,124

0

0

0

Proceeds from issuance of other debt

888,721

923,721

545,385

515,000

515,000

250,000

328,408

101,305

182,045

185,153

148,552

292,187

959,264

964,252

951,133

867,820

130,001

377,041

462,590

473,709

472,828

323,241

338,479

274,651

274,083

175,507

133,219

153,233

165,292

192,278

106,583

82,699

114,795

200,615

0

0

0

Payments on other debt

486,179

552,868

395,572

287,139

455,763

298,754

327,804

300,741

126,014

124,427

161,319

220,977

264,832

230,785

243,120

177,454

194,941

222,877

128,937

201,182

127,757

95,269

274,311

199,215

202,986

269,400

93,868

136,846

147,566

89,004

81,650

38,630

40,991

137,330

0

0

0

Prepayment penalty on collateralized term loans

22,088

18,838

12,610

306

2,220

2,024

7,284

6,978

5,357

6,019

1,886

1,886

1,593

1,127

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Distributions to stockholders, OP unit holders, and preferred OP unit holders

283,411

276,697

270,526

259,748

364,839

242,813

236,472

233,444

114,155

224,483

218,659

211,023

203,676

193,740

-142,941

-151,822

-157,099

-162,491

156,431

145,362

133,193

121,377

112,632

108,716

104,994

100,403

94,628

87,030

79,457

73,371

68,492

65,209

61,225

60,034

0

0

0

Payments for deferred financing costs

9,084

6,756

7,053

5,403

2,525

2,130

-294

766

2,452

3,650

0

0

12,197

-

25,166

25,550

20,912

7,006

11,936

11,160

8,758

8,478

6,536

4,474

5,170

5,993

3,472

4,072

3,245

2,031

1,524

2,250

2,600

3,511

0

0

0

Net Cash Provided By Financing Activities

655,892

505,880

440,458

481,571

679,466

409,905

317,767

116,576

129,231

141,557

136,868

260,382

983,186

1,338,970

1,371,133

1,377,540

339,546

192,548

299,214

514,498

610,193

496,091

455,306

198,279

165,277

212,974

336,767

406,564

417,056

311,619

158,272

81,828

140,047

93,454

0

0

0

Effect of exchange rate changes on cash, cash equivalents and restricted cash

-129

411

-138

172

-357

-523

-49

-65

300

298

287

38

-83

-73

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in cash, cash equivalents and restricted cash

360,565

-27,432

-87,368

9,237

6,751

38,753

-28,297

-225,457

714

-1,804

73,175

216,430

-398,085

-34,160

45,912

19,511

285,527

-38,373

-235,235

4,310

115,576

78,706

254,197

1,132

-51,740

-24,755

-33,769

1,989

45,070

23,651

33,983

492

11,118

-2,563

0

0

0

SUPPLEMENTAL INFORMATION:
Cash paid for interest (net of capitalized interest of $2,258, $1,357 respectively)

0

-

-

130,452

128,462

126,153

126,485

124,985

123,811

124,046

122,496

127,131

125,304

121,480

113,662

109,028

105,350

99,989

94,668

79,160

68,002

60,289

59,967

59,636

60,333

61,268

81,161

80,661

79,064

79,400

56,898

58,638

57,677

55,560

0

0

0

Cash paid for interest on mandatorily redeemable debt

0

-

-

3,427

3,026

2,551

3,304

2,942

2,949

3,114

3,150

3,149

3,149

3,152

2,965

3,154

3,154

3,222

3,428

3,258

3,277

3,225

3,225

3,226

3,232

3,238

3,257

3,270

3,294

3,326

3,339

3,351

3,344

3,331

0

0

0

Income Taxes Paid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

396

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid (refunds) for income taxes

0

-

-

484

266

461

600

136

-175

-194

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

320

304

484

548

523

0

0

0

Noncash investing and financing activities
Unrealized gain on interest rate swaps

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

97

193

282

367

362

266

221

479

643

1,047

1,225

901

1,048

0

0

0

Reduction in secured borrowing balance

0

-

-

19,943

21,401

21,451

21,868

22,559

22,640

23,449

12,582

12,171

10,668

9,626

27,768

27,499

27,229

26,293

17,936

19,376

20,898

21,812

23,491

21,122

18,830

17,906

15,968

14,898

14,576

13,680

12,497

12,446

11,597

11,104

0

0

0

Change in distributions declared and outstanding

0

-

-

10,184

8,088

7,889

6,731

3,053

5,745

3,267

933

3,594

2,808

5,933

12,007

9,632

7,271

6,744

4,735

8,788

8,945

9,051

8,716

4,182

3,874

4,646

20,789

22,656

22,494

21,093

19,860

17,981

17,980

15,046

0

0

0

Conversion of common and preferred OP units

0

-

-

922

1,453

1,515

1,805

3,602

2,939

3,556

12,710

11,587

12,325

11,503

0

0

0

-

-

-

-

1,707

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Conversion Of Series A Four Preferred Stock

-

-

-

-

-

-

-

-

-

4,114

-6,783

-6,783

1,348

0

18,403

18,403

5,998

6,900

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Noncash Or Part Noncash Acquisition, Escrow

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Conversion of Series A-1 preferred OP units

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

Noncash investing and financing activities at the date of acquisition
Noncash Or Part Noncash Acquisition, Noncash Financial Or Equity Instrument Consideration, Value Of Shares Issued

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock Issued During Period, Value, New Issues, Series A-3 Preferred OP Units

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,463

3,463

3,463

3,463

0

0

0

0

-

-

-

-

Noncash Or Part Noncash Acquisition, Noncash Financial Or Equity Instrument Consideration, Escrow

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisitions - Series A-4 Preferred Stock issued

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,000

194,465

194,465

194,269

18,852

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Acquisitions - Common stock and OP units issued

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

175,613

292,565

292,563

272,528

13,610

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Acquisitions - other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Acquisitions - debt assumed

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

421,987

252,105

44,321

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Noncash or Part Noncash Acquisition, Payables Assumed

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Acquisitions - release of note receivable and accrued interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

49,441

49,441

49,441

49,441

0

0

0

0

-

-

-

-

Series B-3 Preferred OP Units [Member]
Redemption of Series A-4 preferred stock and OP units

0

2,675

2,675

2,675

2,675

4,105

8,565

8,565

8,565

4,460

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Series A Preferred Stock [Member]
Proceeds from (Payments for) Other Financing Activities

0

1,618

1,618

1,618

1,618

0

0

0

0

0

0

0

0

-

-

-

-

6,852

6,852

5,032

4,986

2,384

2,384

2,384

2,384

0

0

0

0

-

-

-

-

-

-

-

-

Series D Preferred Stock [Member]
Stock Issued During Period, Value, New Issues, Series A-4 Preferred OP Units

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Series E Preferred OP Units [Domain]
Stock Issued During Period, Value, New Issues, Series A-4 Preferred OP Units

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-