Trinity place holdings inc. (TPHS)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Nov'15Aug'15May'15Aug'11May'11
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss attributable to common stockholders

-3,219

-2,179

-9,452

-9,111

-8,544

-7,889

-3,815

-2,963

-2,898

-2,021

-6,592

-6,562

-6,279

-7,436

-7,139

-7,081

-7,603

-

0

0

0

0

0

Adjustments to reconcile net loss attributable to common stockholders to net cash used in operating activities:
Depreciation and amortization

2,638

2,977

3,003

3,596

3,274

2,463

1,987

939

549

544

517

493

477

457

520

571

636

-

0

0

0

0

0

Amortization of deferred finance costs

-

-

-

-

-

-

-

-

-

255

383

271

178

98

123

85

65

0

-

0

0

-

-

Stock-based compensation expense

887

905

974

1,044

1,132

1,269

1,273

1,280

1,265

1,225

1,848

1,983

2,126

2,782

2,116

1,693

2,156

-

0

0

0

-

-

Deferred rents receivable

-546

-578

51

74

27

36

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred rents receivable

-

-

-

-

-

-

-

-

-

-

81

124

236

343

451

412

306

-

0

0

0

-

-

Other non-cash adjustments - pension expense

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized gain on warrants

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Reduction of claims liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

Equity in net loss from unconsolidated joint venture

-1,589

-819

-862

-879

-832

-728

-745

-805

-903

-1,057

-1,112

-816

-579

-308

0

0

0

-

-

-

-

-

-

Distribution from unconsolidated joint venture

326

33

53

89

220

280

335

480

429

419

383

202

101

39

0

0

0

-

-

-

-

-

-

Other non-cash adjustments - pension expense

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Reduction of claims liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

(Increase) decrease in operating assets:
(Gain) loss on disposition of assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Receivables

-1,479

-1,577

115

54

9

-4

3,226

3,107

3,203

3,197

-94

222

-17

189

177

-74

58

-

0

0

0

0

0

Merchandise inventories

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Prepaid expenses and other assets, net

-161

-278

-2,015

-2,829

-859

-286

2,652

3,974

2,402

2,456

1,448

676

759

472

873

1,451

780

-

0

0

0

0

0

(Decrease) increase in operating liabilities:
Accounts payable and accrued expenses

-776

1,649

1,146

1,119

2,809

975

2,015

2,480

-317

212

-2,880

-788

-613

-1,544

-113

-2,356

-4,560

-

0

0

0

-

-

Pension liabilities

-2,610

-2,705

-1,213

-1,283

-1,283

-1,283

-1,288

-1,278

-1,278

-1,277

-1,273

-1,388

-1,388

-1,388

-2,019

-1,444

-1,444

0

-

0

0

-

-

Obligation to former Majority Shareholder

-

-

-

-

-

-

-

-

-

-

-

-

-

-6,931

-6,931

-6,931

-6,931

0

-

0

0

-

-

Other liabilities, primarily lease settlement liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

Income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Net cash used in operating activities

-7,712

-3,597

-2,138

-203

-89

-2,671

-4,467

-7,507

-9,000

-7,512

0

0

0

-

-

-

-

-

-

-

-

0

0

CASH FLOWS FROM INVESTING ACTIVITIES:
Net cash used in operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-34,034

-34,209

-

0

0

0

-

-

Additions to real estate

88,201

91,847

14,065

2,028

69,689

58,909

126,036

116,527

26,173

16,788

6,825

7,796

11,410

11,928

14,564

12,271

8,114

-

0

0

0

-

-

Deferred real estate deposits

-25,760

-33,609

-42,656

-44,146

-40,024

-49,247

-37,255

-26,874

-20,580

0

0

0

0

-

-

-

-

-

-

-

-

-

-

Investment in unconsolidated joint venture

0

-

-

-

0

-

-

-

-

70

14,355

14,355

14,356

14,286

0

0

0

-

-

-

-

-

-

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,314

-3,187

-17,978

-

0

0

0

-

-

Expenditures for property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Proceeds from sale of land, building and other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Net cash used in investing activities

-54,204

-39,426

-53,369

-39,842

-111,625

-91,622

-88,782

-74,422

9,639

-1,626

0

0

0

-

-

-

-

-

-

-

-

0

0

CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from loans and corporate facility

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from line of credit

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted cash, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,507

9,864

-

0

0

0

-

-

Proceeds from loans

-

-

-

-

-

-

0

0

37,217

-

0

0

0

-

-

-

-

0

-

0

0

-

-

Proceeds from secured line of credit

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of finance costs

1,582

1,531

164

197

1,654

1,820

6,430

6,661

5,520

5,328

0

0

0

-

-

-

-

-

-

-

-

-

-

Repayment of loan

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Settlement of stock awards

853

772

777

798

1,110

1,088

1,076

1,081

2,422

2,574

2,573

2,638

2,383

1,966

2,810

2,760

2,224

-

0

0

0

-

-

Stock buy-back

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of common stock, net

-

-

-

-

-

-

-

-

-

40,561

41,441

41,441

27,481

880

0

0

0

-

-

-

-

-

-

Net cash provided by financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

27,339

-

-

0

0

-

-

Borrowings/repayment on revolving credit facility (net)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Net cash provided in financing activities

67,355

47,668

55,318

44,251

97,155

84,129

63,059

59,310

3,235

24,961

0

0

0

-

-

-

-

-

-

-

-

0

0

NET INCREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH

5,439

4,645

-189

4,206

-14,559

-10,164

-30,190

-22,619

3,874

15,823

0

0

0

-

-

-

-

-

-

-

-

-

-

NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-26,040

-22,634

-26,569

-

0

0

0

0

0

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid during the period for: Interest

13,876

12,631

12,120

10,926

8,914

6,969

4,578

2,999

2,526

2,467

0

0

0

-

-

-

-

-

-

-

-

-

-

Cash paid during the period for: Interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,897

1,810

-

0

0

0

0

0

Other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Accounts payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Accrued expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Other long term liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Cash paid during the period for: Taxes

310

352

578

528

330

268

0

0

0

-

-

-

-

197

60

60

64

-

0

0

0

-

-

SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:
Adjustment to accumulated deficit for capitalized stock-based compensation expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-541

541

541

542

0

-

0

0

-

-

Accrued development costs included in accounts payable and accrued expenses

12,497

12,698

17,892

25,073

17,178

16,574

16,778

15,954

17,398

10,175

5,287

1,795

506

1,195

717

2,999

3,834

0

-

0

0

-

-

Capitalized amortization of deferred financing costs and lease commissions

2,990

2,737

2,840

2,458

2,206

1,986

1,560

1,375

968

487

0

0

0

-

-

-

-

-

-

-

-

-

-

Capitalized amortization of deferred financing costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

486

399

313

0

-

0

0

-

-

Capitalized stock-based compensation expense

446

480

516

555

596

665

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lease liabilities

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes (net of refunds)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0