Urstadt biddle properties inc (UBA)
CashFlow / Yearly
Oct'19Oct'18Oct'17Oct'16Oct'15Oct'14Oct'13Oct'12Oct'11Oct'10Oct'09
Cash Flows from Operating Activities:
Net income

41,613

42,183

55,432

34,605

50,212

65,758

30,413

28,760

31,949

27,849

28,202

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization

27,927

28,324

26,512

23,025

22,435

19,249

17,769

16,721

15,292

15,066

15,366

Straight-line rent adjustment

914

957

507

1,902

1,551

516

-291

-832

-634

-877

-580

Provision for tenant credit losses

956

859

583

1,161

1,271

917

958

665

1,009

671

655

Marketable Securities, Gain (Loss)

403

0

0

-

-

-

-1,460

0

0

0

381

Gain Loss On Disposal Group Continuing And Discontinued Operations Net Of Related Impairment Charges

-

-

-

-

-

-

0

0

-

-

-

Loss on sale of properties

-19

0

18,734

0

20,377

36,872

-

-

-3,881

-300

-155

Restricted stock compensation expense and other adjustments

4,381

4,085

3,956

4,442

4,201

4,097

4,069

3,812

-116

3,277

2,692

Deferred compensation arrangement

-19

-24

-35

-26

-31

11

-18

6

-

-50

-720

Equity in net (income) of unconsolidated joint ventures

1,241

2,085

2,057

2,019

1,941

1,604

1,318

-138

393

208

0

Lease termination income

-

-

-

-

-

-

-

-

2,988

0

0

Changes in operating assets and liabilities:
Tenant receivables

314

956

825

-4,203

2,033

1,443

193

-1,335

2,588

799

-1,794

Accounts payable and accrued expenses

-8,142

161

3,635

1,464

530

154

-7

812

-428

425

166

Other assets and other liabilities, net

-7,213

2,091

7,022

5,057

1,548

-881

-1,582

-1,068

-1,568

672

-634

Restricted Cash

-

-

-

-166

68

749

552

-19

4

-174

-516

Net Cash Flow Provided by Operating Activities

72,317

71,584

62,995

62,081

53,041

50,915

50,952

52,504

46,548

45,156

42,611

Cash Flows from Investing Activities:
Acquisitions of real estate investments

11,751

6,910

30,599

58,737

136,304

74,805

40,381

5,432

23,329

22,261

600

Investments in and advances to unconsolidated joint ventures

574

0

158

700

247

6,902

18,003

1,044

1,598

23,919

0

Investment in mortgage note

-

-

-

13,500

0

0

-

-

-

-

-

Repayment of mortgage note

0

0

13,500

0

-

-

-

-

-

-

-

The cash inflow associated with the collection, including prepayments, of advances to unconsolidated joint ventures.

-

-

-

-

0

-

13,170

0

0

-

-

Deposits on acquisition of real estate investments

0

1,000

715

750

695

3,157

3,287

129

1,252

60

-87

Return of deposits on the acquisition of real estate investments.

0

0

500

640

627

0

400

843

0

0

1,100

Deposit received from purchaser of commercial real estate prior to closing of sale of real estate.

-

-

-

-11,900

0

0

-

-

-

-

-

Net proceeds from sales of properties

-

-

-

-

-

-

-

-

-

-

925

Proceeds on sale of securities available for sale

-

-

-

-

-

-

30,782

0

0

-

3,620

Distributions to noncontrolling interests

-

-

-

889

1,990

607

618

500

306

307

459

Purchases of securities available for sale

0

4,999

0

0

-

-

29,322

0

0

-

3,239

Proceeds from Sale of Available-for-sale Securities, Equity

5,970

0

0

-

-

-

-

-

-

-

-

Proceeds from Sale of Real Estate Held-for-investment

3,372

0

45,438

0

43,806

47,609

4,475

533

0

0

-

Acquisitions of noncontrolling interests

-

-

-

-

-

-

-

-

8,787

0

2,111

Improvements to properties and deferred charges

18,681

8,184

9,676

21,462

12,175

19,303

9,494

6,523

8,134

4,728

2,315

Return of capital from unconsolidated joint ventures

6,925

553

471

1,426

3

-

789

412

165

16

-

Distributions from unconsolidated joint ventures

-

-

-

-

-

1,901

-

-

-

-

-

The cash inflow associated with principal collections from a borrowing supported by a written promise to pay an obligation or other receivables not otherwise defined in the taxonomy.

-

-

-

-

-

640

1,858

1,062

890

80

71

Net Cash Flow Provided by (Used in) Investing Activities

-14,739

-20,540

18,761

-82,072

-106,975

-54,624

-49,631

-10,778

-42,351

-51,179

-3,095

Cash Flows from Financing Activities:
Dividends paid - Common and Class A Common Stock

42,600

41,626

40,596

37,092

35,387

32,116

31,655

29,331

28,173

25,783

24,618

Dividends paid - Preferred Stock

12,789

12,250

14,960

14,280

14,605

13,812

14,949

13,267

13,094

13,094

13,094

Amortization payments on mortgage notes payable

6,441

6,427

6,776

20,744

12,909

20,297

6,623

15,049

6,589

7,378

25,237

Proceeds from mortgage financings

-

-

-

-

-

40,675

0

28,000

1,546

0

-

Repayment of revolving credit line borrowings

54,095

9,000

56,000

66,750

97,550

58,750

40,700

88,250

0

32,350

19,200

Proceeds from mortgage note payable and other loans

47,000

10,000

50,000

33,663

68,219

-

-

-

-

-

-

Repayment of mortgage notes payable and other loans

27,001

17,624

43,675

0

0

-

-

-

-

-

-

Proceeds from revolving credit line borrowings

25,500

33,595

52,000

52,000

104,750

65,050

38,350

58,000

30,250

43,950

14,100

Acquisition of noncontrolling interest in consolidated joint venture

5,134

1,220

0

0

-

-

-

-

-

-

-

Amount of cash outflow to a noncontrolling interest. Includes, but not limited to, reduction of noncontrolling interest ownership. Excludes dividends paid to the noncontrolling interest.

4,333

4,716

2,499

-

-

-

-

-

-

-

-

Proceeds from loan financing

-

-

-

-

-

-

-

-

-

-

36,700

Repurchase of shares of Class A Common Stock

0

120

0

0

3,363

0

18

0

0

-

505

Payment of taxes on shares withheld for employee taxes

270

241

0

0

-

-

-

-

-

-

-

Net proceeds from issuance of Preferred Stock

106,186

0

111,328

0

4,640

67,795

0

125,281

0

0

-

Return of escrow deposit

-

-

-

-

-

-

1,286

0

0

-

-

Payments made to redeem preferred stock that was callable.

0

0

129,375

0

61,250

0

-22,403

-81,346

0

0

-

Proceeds from term loan borrowing

-

-

-

-

-

25,000

0

0

-

-

-

Repayment of term loan borrowing

-

-

-

-

25,000

0

0

-

-

-

-

Sales of additional shares of Common and Class A Common Stock

193

196

200

73,842

59,983

248

244

47,799

717

46,013

1,014

Net Cash Flow Provided by (Used in) Financing Activities

26,216

-49,433

-80,353

20,639

-12,472

73,793

-76,468

31,837

-15,343

11,358

-30,840

Net Increase In Cash and Cash Equivalents

83,794

1,611

1,403

648

-66,406

70,084

-75,147

73,563

-11,146

5,335

8,676

Supplemental Cash Flow Disclosures:
Interest Paid

-

-

-

-

-

-

8,500

8,600

7,600

-

-