Wheeler real estate investment trust, inc. (WHLRD)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

-10,676

-8,144

-20,352

-19,982

-14,379

-16,906

-12,741

-14,324

-13,490

-12,778

-8,090

-7,551

-9,836

-12,238

-10,303

-15,827

-18,111

-18,773

-21,269

-18,112

-14,723

-11,745

-7,153

-5,665

-5,141

-4,375

-4,814

-2,667

-1,544

-1,205

0

0

0

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

11,770

12,020

12,101

12,230

12,677

12,660

12,182

11,785

11,092

10,590

10,090

9,435

8,821

7,883

7,520

7,001

6,133

5,370

4,527

3,403

2,960

2,696

2,150

2,213

1,851

1,467

0

0

0

-

-

-

-

Amortization

8,531

9,299

10,222

11,072

12,760

14,434

14,534

16,635

16,215

15,641

15,696

13,599

13,336

12,754

12,945

13,352

12,627

11,512

9,586

7,302

5,642

4,691

3,643

2,977

2,156

1,535

0

0

0

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

822

0

0

0

Loan cost amortization

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loan cost amortization

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

Above (below) market lease amortization, net

-1,308

-1,261

-859

-1,007

-899

-695

-416

-38

238

453

408

340

150

29

122

279

494

620

661

549

312

91

0

0

0

-

-

-

-

-

-

-

-

Straight-line expense

187

188

144

102

62

20

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other noncash adjustments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

Share-based compensation

-88

2

457

626

611

940

862

755

912

870

1,607

1,644

1,761

1,454

623

506

572

547

772

763

501

456

0

0

0

-

-

-

-

-

-

-

-

Loss (gain) on disposal of properties

-471

1,394

1,578

2,916

3,247

2,463

2,312

1,054

2,076

1,021

1,021

1,022

0

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Credit losses on operating lease receivables

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on disposal of properties-discontinued operations

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Credit losses on operating lease receivables

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for credit losses

-

-

-

-

-

-

-

-

-

-

-

-

589

-

224

306

283

243

256

190

108

60

55

40

91

106

0

0

0

-

-

-

-

Impairment of assets held for sale

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

1,204

1,592

1,584

347

872

145

-541

1,147

558

990

1,426

1,033

842

1,065

1,324

1,366

1,431

1,450

-346

-653

-1,066

-369

850

704

1,021

731

0

0

0

-

-

-

-

Unbilled rent

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unbilled rent

-

-

-

-

-

820

1,183

1,092

999

1,101

1,118

648

561

384

295

310

210

258

581

459

378

234

-110

-73

-24

31

0

0

0

-

-

-

-

Related party receivables

-

-

-

-

-

-

42

484

715

909

956

1,383

1,074

974

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash restricted for operating property reserves

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,050

1,570

1,406

1,294

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Tenant receivables and accrued revenue, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Unbilled rent

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Deferred costs and other assets, net

850

312

642

901

664

236

-603

-182

-515

74

1,435

-362

-389

695

1,301

-6,453

-1,165

1,829

-4,781

5,181

3,249

-1,446

4,493

4,563

3,058

3,180

2,327

1,400

205

-88

0

0

0

Accounts payable, accrued expenses and other liabilities

-457

-2,205

-2,123

-1,291

-87

2,081

2,053

2,297

2,094

3,406

3,137

2,204

3,840

2,486

1,401

2,564

296

230

1,447

-253

-54

-384

-563

2,381

2,414

2,623

0

0

0

-

-

-

-

Net operating cash flows used in discontinued operations

0

-2

-2

-2

26

-2

30

30

2

64

20

20

15

-13

12

139

417

679

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable, accrued expenses and other liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Net cash provided by operating activities

15,779

15,253

16,078

17,180

18,225

22,002

23,538

22,818

23,800

23,818

20,511

19,002

16,964

11,100

6,518

10,159

-353

-5,326

-187

-10,611

-6,883

-2,475

-5,479

-2,764

-2,314

-2,451

-2,014

-1,563

-389

-289

0

0

0

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

-

-

-

-

-

23,153

23,153

23,153

23,153

0

0

0

0

-

-

-

-

62,027

68,251

37,568

23,089

17,640

0

0

0

-

-

-

-

-

-

-

-

Capital expenditures

2,752

2,711

3,133

3,785

4,387

5,574

6,892

7,864

8,286

7,308

4,560

2,854

2,010

1,885

1,854

1,510

889

531

589

564

490

521

616

652

637

707

309

265

138

47

0

0

0

(Increase) decrease in capital property reserves

-

-

-

-

-

-

-

-

-

-

-

-

-

-

820

373

1,595

1,927

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Cash received from disposal of properties

1,665

3,584

3,883

5,954

5,954

3,530

3,231

1,160

3,576

2,416

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash received from disposal of properties-discontinued operations

0

19

19

19

2,766

2,747

2,747

2,747

0

1,871

1,871

1,872

3,256

1,385

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net investing cash flows used in discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

914

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by investing activities

-1,111

868

745

2,164

4,333

-22,450

-24,125

-27,168

-27,921

-3,079

-39,366

-47,834

-57,427

-59,136

-11,499

-43,404

-50,350

-54,859

-71,088

-40,056

-24,393

-19,595

-19,842

-18,503

-22,512

-22,582

-23,129

-13,044

-8,893

-8,802

0

0

0

CASH FLOWS FROM FINANCING ACTIVITIES:
Payments for deferred financing costs

1,077

779

1,215

1,216

1,770

1,870

1,611

1,442

1,030

1,065

2,249

2,414

5,240

5,174

3,798

5,052

2,533

2,768

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

Dividends and distributions paid

-

-

-

-

-

14,591

17,032

19,468

20,029

20,742

20,302

19,118

19,742

17,692

16,762

16,890

16,184

14,192

12,154

9,086

6,576

5,432

4,393

3,901

3,278

2,886

0

0

0

-

-

-

-

Offering costs on preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Distributions paid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Proceeds from sales of Preferred Stock, net of expenses

-

-

-

-

-

21,158

21,158

21,254

21,254

78

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

494

0

0

0

Proceeds from sales of preferred stock, net of expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

Net payments to related parties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-662

-647

-150

-380

112

-43

-106

128

0

0

0

Loan proceeds

45,015

31,665

26,212

26,231

23,131

30,534

30,203

27,713

20,108

18,886

18,670

22,576

24,781

21,600

31,594

22,494

14,494

11,494

0

6,224

6,224

8,384

18,384

12,675

21,051

22,891

0

0

0

-

-

-

-

Loan principal payments

53,973

43,415

36,585

36,494

33,510

28,977

26,943

21,232

12,559

18,227

17,154

39,274

32,927

29,163

39,378

14,015

19,218

17,034

8,320

13,264

8,379

8,036

7,058

1,720

7,437

11,214

0

0

0

-

-

-

-

Net financing cash flows used in discontinued operations

-

-

-

-

-

-93

-130

-157

-265

-1,898

-2,687

-2,634

-2,536

-854

-23

-50

-79

-93

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Mortgage indebtedness principal payments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Net cash used in financing activities

-10,035

-12,529

-14,642

-17,596

-21,299

6,161

5,645

6,668

7,479

-22,968

-9,268

34,881

40,081

44,480

33,017

-13,120

-23,347

60,823

59,281

83,529

110,057

30,844

43,364

36,645

25,909

24,135

26,910

15,341

10,164

11,041

0

0

0

INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH

4,633

3,592

2,181

1,748

1,259

5,713

5,058

2,318

3,358

-2,229

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-

-

-

-

-

58,867

58,867

58,867

58,867

0

0

0

0

-

-

-

-

77,002

88,409

78,818

56,478

46,678

0

0

0

-

-

-

-

-

-

-

-

Conversion of Series B Preferred Stock to Common Stock

-

-

-

-

-

2

2

2

2

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Noncontrolling interests resulting from the issuance of common units

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Conversion of common units to Common Stock

-

-

-

-

-

1,518

1,373

1,877

1,435

1,371

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Conversion of senior convertible debt into Series C Preferred Stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,000

3,000

3,000

3,000

0

0

0

0

-

-

-

-

-

-

-

-

Conversion of senior convertible debt into Common Stock

-

-

-

-

-

-

-

-

-

31

31

31

1,631

1,600

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of Common Stock for acquisition

-

-

-

-

-

1,130

1,130

1,130

1,130

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Preferred Stock, Accretion of Redemption Discount

680

680

679

679

678

678

713

749

784

809

767

640

523

417

343

2,122

7,802

8,925

9,216

7,359

1,590

379

0

0

0

-

-

-

-

-

-

-

-

Other Cash Transactions:
Cash paid for taxes

-

-

-

-

-

-

-

-

-

230

220

122

107

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for interest

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for interest

-

-

-

-

-

-

-

15,567

14,538

13,936

13,160

12,779

12,062

11,015

10,589

9,563

8,694

8,310

7,258

6,728

6,263

5,711

5,347

4,293

2,843

2,459

1,877

1,500

1,684

941

0

0

0

INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS

-

-

-

-

-

-

-

-

-

-

-

-

-

-

28,036

-46,365

-74,051

638

-11,993

32,862

78,780

8,773

18,042

15,378

1,082

-898

1,767

732

881

1,949

0

0

0