URSTADT BIDDLE PROPERTIES INC UBP Cash Flow

Urstadt biddle properties inc (UBP)

CashFlow / Quarterly

Jan'20	Oct'19	Jul'19	Apr'19	Jan'19	Oct'18	Jul'18	Apr'18	Jan'18	Oct'17	Jul'17	Apr'17	Jan'17	Oct'16	Jul'16	Apr'16	Jan'16	Oct'15	Jul'15	Apr'15	Jan'15	Oct'14	Jul'14	Apr'14	Jan'14	Oct'13	Jul'13	Apr'13	Jan'13	Oct'12	Jul'12	Apr'12	Jan'12	Oct'11	Jul'11	Apr'11	Jan'11
Cash Flows from Operating Activities:
Net income
9,521	10,208	11,427	9,960	10,018	9,302	9,780	14,022	9,079	9,696	10,613	27,919	7,204	10,550	8,827	8,556	6,672	27,785	8,785	7,478	6,164	32,495	7,407	6,482	19,374	7,596	8,065	7,556	7,196	7,219	7,659	6,768	7,114	7,136	7,598	6,990	10,225
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
7,135	7,001	7,001	6,985	6,940	7,037	7,370	6,968	6,949	7,070	6,678	6,183	6,581	6,223	5,455	5,659	5,688	5,601	5,541	5,767	5,526	5,053	4,761	4,859	4,576	4,865	4,556	4,193	4,155	4,281	4,057	4,171	4,212	3,906	3,793	3,806	3,787
Straight-line rent adjustment
62	242	72	164	436	127	550	63	217	389	-243	123	238	123	307	1,261	211	552	255	1,103	-359	233	113	87	83	-162	-80	-10	-39	-374	-193	-152	-113	-175	-196	-148	-115
Provision for tenant credit losses
343	237	223	242	254	185	302	162	210	154	69	282	78	326	227	369	239	533	212	183	343	323	235	232	127	260	222	223	253	184	229	130	122	242	228	375	164
Marketable Securities, Gain (Loss)
0	0	0	0	403	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on sale of properties
-339	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	24,347	-87	25,224	-12,612	-	0	0	0	-	-	-	-	-	-	-	-
Restricted stock compensation expense and other adjustments
1,047	1,152	1,118	1,045	1,066	1,146	1,155	1,118	666	1,027	1,066	1,053	810	971	1,169	1,185	1,117	1,101	1,129	897	1,074	1,047	1,047	979	1,024	1,007	1,035	1,005	1,022	978	978	956	900	-2,989	925	868	1,080
Deferred compensation arrangement
-15	13	0	4	-36	-3	4	8	-33	2	6	-5	-38	-27	14	32	-45	5	-2	-17	-17	11	2	18	-20	-17	-3	12	-10	0	-3	5	4	-	-1	10	-129
Equity in net (income) of unconsolidated joint ventures
513	234	289	376	342	375	483	667	560	579	439	525	514	535	564	537	383	527	467	473	474	508	291	499	306	368	349	419	182	-95	123	-192	26	127	125	79	62
Lease termination income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,976	0	0	-2,988
Changes in operating assets and liabilities:
Tenant receivables
1,368	-444	424	-664	998	-413	497	-140	1,012	-3,689	856	513	3,145	-986	-2,158	-1,573	514	-1,442	1,653	-1,977	3,799	-908	1,588	-1,104	1,867	-1,094	55	-607	1,839	93	-1,158	-433	163	4,742	-634	-881	-639
Accounts payable and accrued expenses
1,767	-6,869	-298	-3,954	2,979	-5,037	4,352	-1,973	2,819	183	2,156	-3,879	5,175	-1,686	2,039	-1,665	2,776	-2,547	2,133	-1,966	2,910	-1,887	876	-2,253	3,418	-2,204	1,527	-2,742	3,412	-1,372	1,517	-1,804	2,471	-3,599	1,378	-599	2,392
Other assets and other liabilities, net
2,901	-7,607	-524	-4,794	5,712	-3,081	3,094	-3,804	5,882	6,823	1,208	-5,994	4,985	-36	1,870	-3,089	6,312	-2,521	1,368	-1,853	4,554	-3,093	353	-3,592	5,451	-2,762	1,863	-4,171	3,488	-2,160	946	-3,246	3,392	2,364	-1,523	448	-2,857
Restricted Cash
-	-	-	-	-	-	-	-	-	-	41	91	-94	135	-654	222	131	-45	98	-76	91	-23	165	-93	700	92	-22	491	-9	76	-96	-151	152	7	-1	-1	-1
Net Cash Flow Provided by Operating Activities
15,806	19,979	19,090	19,576	13,672	15,997	18,822	24,186	12,579	14,685	19,414	17,360	11,536	17,121	18,366	17,315	9,279	16,971	13,957	14,672	7,441	16,444	12,131	14,694	7,646	14,741	11,617	14,105	10,489	13,002	14,429	14,096	10,977	13,460	11,442	10,789	10,857
Cash Flows from Investing Activities:
Acquisitions of real estate investments
0	-4	0	-2,081	13,836	-255	2,370	4,674	121	4,121	5,321	12,305	8,852	13,294	45,443	0	0	0	13,590	273	122,441	53,785	0	-450	21,470	0	26,162	2,957	11,262	0	0	0	5,432	16,967	0	6,362	0
Investments in and advances to unconsolidated joint ventures
0	-45	41	209	369	0	0	0	0	0	0	20	138	250	75	375	0	100	130	0	17	0	310	6,592	0	0	0	0	18,003	250	0	794	0	800	243	126	429
The cash inflow associated with the collection, including prepayments, of advances to unconsolidated joint ventures.
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	13,170	0	0	0	0	-	-	-	-
Deposits on acquisition of real estate investments
530	0	0	0	0	1,000	-1,274	1,264	10	-435	150	-1,500	2,500	-203	-1,500	1,974	479	695	-400	400	0	-	-	-	-	2,887	-14	88	326	94	14	-23	44	2,192	-58	-648	-234
Purchase of marketable securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	847	27,016	-	0	0	0	-	-	-	-
Return of deposits on the acquisition of real estate investments.
500	-	-	-	0	-	-	-	-	0	0	0	500	0	0	0	640	0	0	0	627	0	0	0	0	800	0	0	-400	1,686	0	-349	-494	0	0	0	0
Distributions to noncontrolling interests
-	-	-	-	-	-	-	-	1,095	-	982	247	222	230	217	217	225	220	344	231	1,195	152	151	148	156	151	150	135	182	164	165	94	77	77	76	77	76
Proceeds from Sale of Available-for-sale Securities, Equity
0	0	0	0	5,970	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from Sale of Real Estate Held-for-investment
3,721	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	30,296	-88	0	17,401	0	0	0	4,475	533	0	0	0	-	-	-	-
Acquisitions of noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,356	0	0	7,431
Improvements to properties and deferred charges
5,895	5,018	4,034	6,714	2,915	1,810	2,308	1,677	2,389	3,437	1,909	1,687	2,643	4,772	4,386	6,377	5,927	1,553	3,217	3,343	4,062	4,439	6,179	4,395	4,290	4,477	2,334	692	1,991	1,269	2,231	1,003	2,020	2,382	2,590	1,406	1,756
Return of capital from unconsolidated joint ventures
265	297	644	4,995	989	229	42	146	136	143	40	17	271	349	350	429	298	-	-	634	397	-	369	238	771	70	303	226	190	52	124	236	0	-	-	-	-
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.
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	240	240	1,013	283	281	281	-266	799	265	264	263	263	262	102
Net Cash Flow Provided by (Used in) Investing Activities
-1,939	346	-2,246	-2,678	-10,161	1,269	-4,500	-13,830	-3,479	8,117	-7,138	31,366	-13,584	-19,594	-48,271	-8,514	-5,693	39,787	-16,458	-3,613	-126,691	-29,444	-6,219	-11,457	-7,504	-7,891	2,736	-4,212	-40,264	-1,458	-1,487	-1,018	-6,815	-21,590	-2,711	-8,226	-9,824
Cash Flows from Financing Activities:
Dividends paid - Common and Class A Common Stock
10,915	10,661	10,636	10,637	10,666	10,406	10,407	10,405	10,408	10,149	10,150	10,149	10,148	9,891	9,068	9,067	9,066	8,827	8,801	8,878	8,881	8,030	8,029	8,028	8,029	7,915	7,914	7,913	7,913	7,798	7,179	7,177	7,177	7,047	7,046	7,042	7,038
Dividends paid - Preferred Stock
3,951	3,601	3,063	3,062	3,063	3,062	3,063	3,062	3,063	4,249	3,570	3,571	3,570	3,570	3,570	3,570	3,570	3,570	3,571	3,570	3,894	3,453	3,453	3,453	3,453	3,453	3,606	3,929	3,961	3,447	3,273	3,274	3,273	3,274	3,273	3,274	3,273
Amortization payments on mortgage notes payable
1,638	1,679	1,625	1,528	1,609	-6,255	9,455	1,623	1,604	-41,905	45,551	1,618	1,512	8,602	9,190	1,495	1,457	2,068	6,066	789	3,986	17,262	1,087	1,005	943	1,042	4,131	714	736	8,383	1,676	4,341	649	4,655	706	626	602
Proceeds from mortgage financings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	67,680	40,675	0	0	0	-	-	-	-	-	-	-	-	0	820	0	726
Redemption of preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	61,250	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of revolving credit line borrowings
0	12,595	17,750	20,750	3,000	0	5,000	0	4,000	0	33,000	23,000	0	3,000	60,750	0	3,000	17,500	0	2,500	77,550	49,550	5,200	0	4,000	2,500	26,600	0	11,600	60,300	0	27,950	0	-	-	-	-
Proceeds from revolving credit line borrowings
0	0	4,000	2,500	19,000	3,000	7,860	16,735	6,000	4,000	33,000	0	15,000	8,000	28,500	5,500	10,000	3,000	22,000	5,250	74,500	27,500	6,500	10,700	20,350	7,750	30,600	0	0	50,000	0	3,000	5,000	25,750	1,500	3,000	0
Acquisition of noncontrolling interest in consolidated joint venture
609	3,411	1,093	630	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.
1,038	1,038	1,094	1,100	1,101	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase of shares of Class A Common Stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	18	0	0	0	0	-	-	-	-
Payment of taxes on shares withheld for employee taxes
569	0	0	5	265	0	0	1	240	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds from issuance of Preferred Stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-8	-2	4,650	67,795	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Return of escrow deposit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1,286	0	0	0	0	-	-	-	-
Payments made to redeem preferred stock that was callable.
75,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sales of additional shares of Common and Class A Common Stock
52	47	48	48	50	48	49	50	49	46	51	54	49	9,654	64,074	57	57	78	51	8	59,846	63	62	62	61	60	61	61	62	47,590	63	72	74	73	75	288	281
Net Cash Flow Provided by (Used in) Financing Activities
-93,668	65,154	-17,026	-21,258	-654	-17,725	-20,016	1,574	-13,266	-32,668	-9,220	-38,284	-181	3,623	32,627	-8,575	-7,036	-56,711	3,605	-10,481	51,115	82,738	-11,207	-1,724	3,986	-7,100	-33,993	-12,495	-22,880	61,597	-12,065	-11,670	-6,025	10,847	-8,630	-7,654	-9,906
Net Increase In Cash and Cash Equivalents
-79,801	85,479	-182	-4,360	2,857	-459	-5,694	11,930	-4,166	-9,866	3,056	10,442	-2,229	1,150	2,722	226	-3,450	47	1,104	578	-68,135	69,738	-5,295	1,513	4,128	-250	-19,640	-2,602	-52,655	73,141	877	1,408	-1,863	2,717	101	-5,091	-8,873
Supplemental Cash Flow Disclosures:
Interest Paid
3,264	-	3,543	3,386	3,572	-	3,398	3,243	3,252	-	3,207	3,271	3,199	-	3,303	3,275	3,253	-	3,457	3,399	3,221	-	2,656	2,624	2,392	1,962	2,497	1,937	2,104	2,072	2,284	2,247	1,997	1,892	1,893	1,979	1,836