Wheeler real estate investment trust, inc. (WHLR)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

-8,144

-16,906

-12,778

-12,238

-18,773

-11,745

-4,375

-1,205

-554

Adjustments to reconcile consolidated net loss to net cash provided by operating activities:
Depreciation

12,020

12,660

10,590

7,883

5,370

2,696

1,467

-

-

Amortization

9,299

14,434

15,641

12,754

11,512

4,691

1,535

-

-

Depreciation and amortization

-

-

-

-

-

-

-

822

744

Loan cost amortization

-1,707

-2,363

-3,087

-2,126

-1,191

-611

-148

-11

-

Above (below) market lease amortization, net

-1,261

-695

453

29

620

91

-654

-

-

Straight-line expense

188

20

-

-

-

-

-

-

-

Share-based compensation

2

940

870

1,454

547

456

0

-

-

Loss (gain) on disposal of properties

1,394

2,463

1,021

0

0

0

0

-

-

Gain on disposal of properties-discontinued operations

0

903

1,502

688

2,104

-

-

-

-

Credit losses on operating lease receivables

449

511

2,821

425

-

-

-

-

-

Provision for credit losses

-

-

-

-

243

60

106

25

20

Impairment of notes receivable

5,000

1,740

5,260

0

0

-

-

-

-

Impairment of goodwill

0

5,486

0

0

-

-

-

-

-

Impairment of real estate

0

3,938

-

-

-

-

-

-

-

Impairment of assets held for sale

1,598

0

0

0

-

-

-

-

-

Net changes in assets and liabilities:
Rent and other tenant receivables, net

1,592

145

990

1,065

1,450

-369

731

246

-

Unbilled rent

100

820

1,101

384

258

234

31

-32

-

Related party receivables

-

-

909

974

10

681

-

-

-

Cash restricted for operating property reserves

-

-

-

-

1,294

674

-

-

-

Tenant receivables and accrued revenue, net

-

-

-

-

-

-

-

-

98

Unbilled rent

-

-

-

-

-

-

-

-

-63

Deferred costs and other assets, net

312

236

74

695

1,829

-1,446

3,180

-88

37

Accounts payable, accrued expenses and other liabilities

-2,205

2,081

3,406

2,486

230

-384

2,623

182

-

Net operating cash flows used in discontinued operations

-2

-2

64

-13

679

818

639

-

-

Accounts payable, accrued expenses and other liabilities

-

-

-

-

-

-

-

-

-211

Net cash provided by operating activities

15,253

22,002

23,818

11,100

-5,326

-2,475

-2,451

-289

349

CASH FLOWS FROM INVESTING ACTIVITIES:
Investment property acquisitions, net of restricted cash acquired

24

23,153

0

49,159

62,027

17,640

14,736

8,754

-

Capital expenditures

2,711

5,574

7,308

1,885

531

521

707

47

33

Issuance of notes receivable

-

-

0

9,404

0

0

-

-

-

(Increase) decrease in capital property reserves

-

-

-

-

1,927

1,433

-

-

-

Cash received from disposal of properties

3,584

3,530

2,416

0

0

-

-

-

-

Cash received from disposal of properties-discontinued operations

19

2,747

1,871

1,385

8,712

0

0

-

-

Net investing cash flows used in discontinued operations

-

-

-58

-73

914

0

-7,138

-

-

Net cash provided by investing activities

868

-22,450

-3,079

-59,136

-54,859

-19,595

-22,582

-8,802

-33

CASH FLOWS FROM FINANCING ACTIVITIES:
Payments for deferred financing costs

779

1,870

1,065

5,174

2,768

1,261

-

-

-

Dividends and distributions paid

0

14,591

20,742

17,692

14,192

5,432

2,886

126

-

Offering costs on preferred stock

-

-

-

-

-

-

-

-

239

Distributions paid

-

-

-

-

-

-

-

-

281

Proceeds from sales of Preferred Stock, net of expenses

0

21,158

78

75,763

83,416

37,242

3,943

494

505

Conversion of Preferred Stock

-

-

-

-

-

0

7

-

-

Proceeds from sales of common stock

-

-

-

-

-

-

11,862

13,370

-

Net payments to related parties

-

-

-

-

-

-

-380

128

-181

Loan proceeds

31,665

30,534

18,886

21,600

11,494

8,384

22,891

-

-

Loan principal payments

43,415

28,977

18,227

29,163

17,034

8,036

11,214

2,826

-

Net financing cash flows used in discontinued operations

0

-93

-1,898

-854

-93

-53

-73

-

-

Mortgage indebtedness principal payments

-

-

-

-

-

-

-

-

214

Net cash used in financing activities

-12,529

6,161

-22,968

44,480

60,823

30,844

24,135

11,041

-411

INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH

3,592

5,713

-2,229

-3,556

-

-

-

-

-

Supplemental Disclosures:
Non-cash Transactions:
Non-Cash Transactions:
Debt incurred for acquisitions

0

58,867

0

134,398

77,002

46,678

51,216

22,541

-

Noncontrolling interests resulting from the issuance of common units

-

-

0

4,273

1,575

7,990

945

7,588

-

Conversion of Series B Preferred Stock to Common Stock

0

2

0

2

-

-

-

-

-

Conversion of common units to Common Stock

2

1,518

1,371

0

482

-

-

-

-

Conversion of senior convertible debt into Series C Preferred Stock

-

-

-

-

3,000

0

0

-

-

Conversion of senior convertible debt into Common Stock

-

-

31

1,600

0

0

-

-

-

Issuance of Common Stock for acquisition

0

1,130

0

0

-

-

-

-

-

Preferred Stock, Accretion of Redemption Discount

680

678

809

417

8,925

379

0

-

-

Other Cash Transactions:
Cash paid for taxes

6

42

230

0

0

-

-

-

-

Cash paid for interest

17,379

17,574

-

-

-

-

-

-

-

Cash paid for interest

-

-

13,936

11,015

8,310

5,711

2,459

941

803

INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS

-

-

-

-

638

8,773

-898

1,949

-95

Deemed dividend for beneficial conversion feature

-

-

-

-

72,645

0

0

-

-

Note receivable in consideration of land

-

-

0

1,000

0

0

-

-

-