Transcontinental realty investors inc (TCI)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Cash Flow From Operating Activities:
Net income (loss)

-26,137

183,040

-15,316

322

-7,504

41,977

59,509

-

-

-67

-79,573

Net income (loss) (2)

-

-

-

-

-

-

-

-8,104

-46

-

-

Adjustments to reconcile net income (loss) to net cash (used in) operating activities:
Gain on disposition of 50% interest in VAA

-

154,126

-

-

-

-

-

-

-

-

-

(Loss) gain on sale of income producing properties

-80

-

9,842

-

-

-

-

-

-

-

-

Foreign currency transaction gain (loss)

-15,108

12,399

-4,536

-

-

-

-

-

-

-

-

Loss on debt extinguishment

-5,219

-

-

-

-

-

-

-

-

-

-

Gain on sale of income-producing properties

-

-

-

16,207

-

-

-1,073

-

-

-

-

(Gain) loss on sale of land

-

-

-

-

-

-

-

-6,935

-

-

-

Gain on sale of income-producing properties

-

-

-

-

-

-

-

-5,217

-18

-

-

Gain on land sales

14,889

17,404

4,884

3,121

18,911

561

-

-

-

-

-

Gain on sale of income-producing properties

-

-

-

-

735

61,879

97,405

-

-

-10

3,524

Gain on sale of land

-

-

-

-

-

-

-

-

-

-

6,296

Depreciation and amortization

13,379

22,761

25,558

23,683

21,299

18,150

21,404

-

23

28

-

Provision on impairment of notes receivable and real estate assets

-

-

-

-

5,300

-

11,320

-

-

-

-

Amortization of deferred borrowing costs

662

4,994

3,574

4,314

2,684

3,970

1,349

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

22,488

-

-

-

Provision on impairment of notes receivable and real estate assets (1)

-

-

-

-

-

-

-

4,730

52

-

-

Provision on impairment of notes receivable and real estate assets

-

-

-

-

-

-

-

-

-

22

-

Amortization of deferred borrowing costs

-

-

-

-

-

-

-

2,428

2

-

-

Earnings from unconsolidated subsidiaries and investees

-

-

-

-

-

-

-

11

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

29,813

Provision on impairment of notes receivable and real estate assets

-

-

-

-

-

-

-

-

-

-

42,513

Amortization of bond issuance costs

1,544

2,994

971

-

-

-

-

-

-

2

3,698

Loss from joint venture

-2,774

44

-

-

-

-

-

-

-

-

-

Earnings due to non-controlling interest

-

-

-

-

-

-

-

-

-

-

4,040

Losses from other unconsolidated investees

16

1,085

26

-26

-

-

-

-

-

-

-287

Losses (earnings) from other unconsolidated investees

-

-

-

-

132

-298

-142

-

-

-

-

Earnings due to non-controlling interest,

-

-

-

-

-

-

-

-

-

0

-

Losses(earnings) from unconsolidated joint ventures and investees

-

-

-

-

-

-

-

-

-0

0

-

(Increase) decrease in assets:
Accrued interest receivable

8,916

22,601

668

922

-586

-7,648

8,432

-5,517

-4

-1

-2,018

Other assets

1,149

105,531

1,433

2,388

-4,204

-2,784

1,443

-

-

-

2,783

Other assets

-

-

-

-

-

-

-

-3,462

-0

8

-

Prepaid expense

-10,237

-19,124

5,661

9,238

13,615

1,995

1,722

-236

2

0

494

Escrow

-

-

-

-

-2,684

16,733

-3,625

-

-

-

-

Escrow

-

-

-

-

-

-

-

1,157

-

-

-

Escrow

-

-

-

-

-

-

-

-

18

8

3,222

Earnest money

-

-

-

-

905

420

310

235

1

0

1,723

Rent receivables

-626

3,213

-543

-2,840

-2,104

1,486

-2,445

-

-

-

-

Related party receivables

35,257

14,995

9,972

11,134

40,153

6,024

-

-

-

-

-

Rent receivables

-

-

-

-

-

-

-

-1,094

-

-

-

Rent receivables

-

-

-

-

-

-

-

-

-6

-2

422

Increase (decrease) in liabilities:
Accrued interest payable

2,349

-2,307

4,573

20

-710

104

-5,262

-7,498

8

1

-2,217

Related party payables

-

-

-

-

-

-

-62,437

-7,408

-29

-2

-

Affiliate payables.

-

-

-

-

-

-

-

-

-

-

-12,204

Other liabilities

-1,361

-80,395

-17,027

14,062

-7,115

-15,215

9,449

-10,316

0

-

3,526

Other liabilities,

-

-

-

-

-

-

-

-

-

-14

-

Net cash (used in) operating activities

-35,747

-181,187

-25,074

2,205

-50,919

-29,382

-66,695

-24,738

-14

-7

-26,563

Cash Flow From Investing Activities:
Proceeds from disposition of 50% interest in VAA

-

236,752

-

-

-

-

-

-

-

-

-

Proceeds from notes receivable

13,862

6,541

26,230

2,867

10,669

12,504

0

11,993

16

3

-

Proceeds from notes receivable

-

-

-

-

-

-

-

-

-

-

8,000

Originations or advances on notes receivable

21,434

16,801

16,420

11,703

18,055

35,430

458

13,477

-22

-

-

Originations of notes receivables

-

-

-

-

-

-

-

-

-

-29

-

Acquisition of land held for development

3,422

-

-

12,508

0

2,604

83

-18,948

-43

-4

11,844

Acquisition of income-producing properties

-

10,558

37,044

-

-

78,557

-

-

-

-

-16,495

Distribution from equity investee

6,701

-

-

-

-

-

-

-

-

-

-

Investment in unconsolidated real estate entities

-

-

-

2,797

-

-

-

-

-

-

-

Distributions to equity partner

197

-

-

-

596

144

-3,600

-

-

-

-

Acquisition of income producing properties

-

-

-

-

-

-

0

-

-

0

-

Acquisition of income producing properties

-

-

-

-

-

-

-

0

6

-

-

Acquisition of income-producing properties

-

-

-

79,736

207,313

-

-

-

-

-

5,971

Acquisition of income producing properties

-

-

-

-

-

-

-

-

-

-

0

Proceeds from sale of income-producing properties

1,296

4,889

-

21,850

0

135,074

261,495

31,751

29

119

34,647

Proceeds from sale of land

27,326

11,857

6,301

29,128

107,299

8,777

13,671

-

-

-

-

Improvement of land held for development

-

-

-

3,023

6,158

3,137

399

-

-

-

-

Proceeds from sale of land

-

-

-

-

-

-

-

36,648

-

44

-

Proceeds from sale of investment in unconsolidated real estate entities

-

-

-

-

-

-

-

-

-

0

-

Proceeds from sale of land

-

-

-

-

-

-

-

-

-

-

36,289

Proceeds from sale of investments

-

-

-

-

-

-

-

132

0

0

-

Proceeds from sale of land

-

-

-

-

-

-

-

-

104

-

-

Investment in unconsolidated real estate entities

-

-

-

-

-

-

-

780

-0

-

-

Improvement of income-producing properties

5,257

3,688

64,443

5,702

8,952

4,563

7,681

-184

-1

-4

10,115

Construction and development of new properties

28,473

81,367

12,936

-

-

-

-

-

-

-

-

Sale of controlling interest

-

-

-

-

-

-

56

-

-

-

-

Construction and development of new properties

-

-

-

10,836

16,717

3,016

1,152

-

-

-

-

Improvement of income producing properties

-

-

-

-

-

-

-

-2,201

-3

-2

2,220

Acquisition of non-controlling interest

-

-

-

-

-

-

-

-69

0

0

-

Sale of controlling interest

-

-

-

-

-

-

-

113

4

0

-

Construction and development of new properties

-

-

-

-

-

-

-

-5,683

-

-

26,134

Investment in marketable equity securities

-

-

-

-

-

-

-

-

-

-0

-2,775

Construction and development of new properties

-

-

-

-

-

-

-

-

-46

-38

-

Net cash provided by (used in) investing activities

-9,598

147,625

-98,312

-66,866

-139,823

28,904

269,049

67,809

43

88

41,922

Cash Flow From Financing Activities:
Proceeds from notes payable

25,675

123,345

135,116

242,215

403,309

178,514

202,535

139,459

117

182

55,508

Recurring payment of principal on notes payable

10,446

124,616

83,070

20,205

-

-

-

-

-

-

-

Payment on commercial note payable

41,531

-

-

-

-

-

-

-

-

-

-

Debt extinguishment costs

3,799

-

-

-

-

-

-

-

-

-

-

Recurring payment of principal on notes payable

-

-

-

-

15,545

21,352

15,761

-21,541

-

-

-18,588

Recurring amortization of principal on notes payable

-

-

-

-

-

-

-

-

-16

-10

-

Payments on maturing notes payable

-

-

-

160,745

186,128

153,595

386,710

-163,553

-120

-242

49,522

Proceeds from bonds

78,125

59,213

115,335

-

-

-

-

-

-

-

-

Bond payments

21,742

-

-

-

-

-

-

-

-

-

-

Proceeds from bonds

-

-

-

-

0

-

-

-

-

-

-

Distributions to non-controlling interests

-

-

-

-

11

-

-

-

-

-

-

Bond issuance costs

4,241

5,257

6,887

-

0

-

-

-

-

-

-

Deferred financing costs

-

-

3,599

-

-

-

-

-

-

-

-

Deferred financing costs

-

-

-

798

-

-

-

-

-

-

-

Deferred financing costs

-

-

-

-

7,035

6,875

-1,791

-3,305

-1

-3

2,052

Distributions to non-controlling interests

-

-

-

-

-

31

14

-

-

-

-

Distributions to non-controlling interests

-

-

-

-

-

-

-

-8

-

-0

-

Distributions to non-controlling interests

-

-

-

-

-

-

-

-

0

-

-

Common stock issuance

-

-

-

-

-

937

-

0

1

0

-

Preferred stock dividends - Series D

-

-

-

900

900

106

900

-

-

-

-

Acquisition of non-controlling interest

-

-

-

-

-

-

-

-

-

-

0

Preferred stock dividends - Series D

-

900

900

-

-

899

210

-212

-0

-0

-

Preferred stock dividends - Series D

-

-

-

-

-

-

-

-901

-

-

-

Preferred stock dividends - Series D

-

-

-

-

-

-

-

-

-0

-0

-

Net cash (used in) financing activities

22,041

51,785

155,995

61,163

193,712

-3,407

-199,269

-50,061

-20

-75

-15,677

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

-23,304

18,223

32,609

-

-

-

-

-

-

-

-

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

-

-

-

-3,498

2,970

-3,885

3,085

-6,990

8

5

-318

Cash and cash equivalents, end of period

-

-

-

-

-

-

-

-

19

-

-

Supplemental disclosures of cash flow information:
Cash paid for interest

-

-

-

-

-

30,110

37,776

44,737

56

61

-

Cash paid for interest

29,430

61,587

49,791

43,986

38,787

-

-

-

-

-

67,995

Cash paid for income taxes, net of refunds

-

-

-

-

-

-

-

-

0

-0

1,728

Schedule of noncash investing and financing activities:
Land received in exchange for note receivable

1,800

-

-

-

-

-

-

-

-

-

-

Notes receivable received from sale of income-producing properties

-

1,735

-

-

-

-

-

-

-

-

-

Seller financing note - acquisition of income-producing properties

-

1,895

-

-

-

-

-

-

-

-

-

Notes payable issued on acquisition of income-producing properties

-

31,175

-

-

-

-

-

-

-

-

-

Notes payable issued on acquisition of land for development

1,155

-

-

-

-

-

-

-

-

-

-

Affiliate payable/receivable for ARL cost basis sales adjustment

-

-

-

-

-

-

-

10,445

-34

0

-

Acquisition of land for ARL cost basis sales adjustment

-

-

-

-

-

-

-

-10,445

34

0

-

Affiliate payable/receivable for ARL cost basis sales adjustment

-

-

-

-

-

-

-

-

-

0

-

Acquisition of land for ARL cost basis sales adjustment

-

-

-

-

-

-

-

-

34

0

-

Note receivable allowance

-

-

-

-

-

-

-

-

0

-

-

Note receivable allowance

-

-

-

-

-

-

-

-

-

-1

-

Unrealized loss on marketable securities

-

-

-

-

-

-

-

-

-

-

-2,575

Notes receivable received from affiliate

-

-

-

-

-

-

-

6,000

20

28

2,341

Sale of notes receivable to affiliate

-

-

-

-

-

-

-

-20,387

0

0

-

Note paydown from right to build sale

-

-

-

-

-

-

-

-

-

-

1,500

Acquisition of real estate to satisfy note receivable

-

-

-

-

-

-

-

-

-

-

-7,748