Wheeler real estate investment trust, inc. (WHLRP)
CashFlow / Quarterly
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

-1,877

-676

-960

-7,163

655

-12,884

-590

-1,560

-1,872

-8,719

-2,173

-726

-1,160

-4,031

-1,634

-3,011

-3,562

-2,096

-7,158

-5,295

-4,223

-4,592

-4,001

-1,905

-1,245

-0

-2,513

-1,382

-479

-440

-366

-259

-140

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

2,940

3,029

2,921

2,880

3,190

3,110

3,050

3,327

3,173

2,632

2,653

2,634

2,671

2,132

1,998

2,020

1,733

1,769

1,478

1,152

969

926

355

709

705

380

418

347

320

-

-

-

-

Amortization

1,861

2,121

2,142

2,407

2,629

3,044

2,992

4,095

4,303

3,144

5,093

3,675

3,729

3,199

2,996

3,412

3,147

3,390

3,403

2,686

2,031

1,465

1,119

1,026

1,080

416

453

205

458

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

265

184

184

186

Loan cost amortization

-310

-

-

-

-392

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loan cost amortization

-

-

-

-

-

-

625

678

379

-

682

1,064

763

-

629

645

190

-

282

214

441

-

52

187

86

-

-

-

-

-

-

-

-

Above (below) market lease amortization, net

-273

-676

-165

-194

-226

-274

-313

-86

-22

5

65

190

193

-40

-3

0

72

53

154

215

197

94

42

-22

-23

-

-

-

-

-

-

-

-

Straight-line expense

46

48

47

46

47

4

5

6

5

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other noncash adjustments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-348

198

-170

-

-

-

-

Share-based compensation

0

-242

72

82

90

213

241

67

419

135

134

224

377

872

171

341

70

41

54

406

45

266

45

145

0

-

-

-

-

-

-

-

-

Loss (gain) on disposal of properties

-26

-33

-81

-331

1,839

151

1,257

0

1,055

0

-1

1,022

0

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Credit losses on operating lease receivables

154

-

-

-

90

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on disposal of properties-discontinued operations

-

-

-

-

-

-

-

-

-

-

0

-11

1,513

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Credit losses on operating lease receivables

-

-

-

-

-

-

226

165

21

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for credit losses

-

-

-

-

-

-

-

-

-

-

-

-

252

-

31

77

88

28

112

54

47

42

46

-28

0

36

32

22

15

-

-

-

-

Impairment of assets held for sale

600

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-639

1,072

460

311

-251

1,064

-777

836

-978

378

911

247

-546

814

518

56

-323

1,073

560

120

-304

-723

253

-292

392

496

106

25

102

-

-

-

-

Unbilled rent

-11

-

-

-

155

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unbilled rent

-

-

-

-

-

-217

642

312

83

146

551

219

185

163

81

132

8

74

95

32

55

398

-25

-49

-88

53

10

0

-32

-

-

-

-

Related party receivables

-

-

-

-

-

-

77

6

-84

43

519

237

110

90

946

-72

10

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash restricted for operating property reserves

-

-

-

-

-

-

-

-

-

-

-

-

-

-

518

861

-122

-206

1,037

697

-234

-

-

-

-

-

-

-

-

-

-

-

-

Tenant receivables and accrued revenue, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

52

Unbilled rent

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-11

-10

Deferred costs and other assets, net

1,163

-23

-231

-59

625

307

28

-296

197

-532

449

-629

786

829

-1,348

-656

1,870

1,435

-9,103

4,631

4,864

-5,174

859

2,700

169

765

928

1,195

291

-87

1

0

-2

Accounts payable, accrued expenses and other liabilities

-49

-467

67

-8

-1,797

-385

899

1,196

371

-413

1,143

993

1,683

-682

210

2,629

329

-1,766

1,372

361

262

-548

-329

560

-67

-727

2,615

593

141

-

-

-

-

Net operating cash flows used in discontinued operations

0

0

0

0

-2

0

0

28

-30

32

0

0

32

-12

0

-5

4

13

126

272

265

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable, accrued expenses and other liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-18

Net cash provided by operating activities

3,223

2,637

4,809

5,110

2,697

3,462

5,911

6,155

6,474

4,998

5,191

7,137

6,492

1,691

3,682

5,099

628

-2,890

7,322

-5,413

-4,344

2,248

-3,101

-1,685

62

-755

-386

-1,235

-74

-317

63

-61

25

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

-

-

-

-

-

0

0

0

23,153

0

0

0

0

-

-

-

-

-0

42,099

14,478

5,449

6,224

11,416

0

0

-

-

-

-

-

-

-

-

Capital expenditures

326

1,306

459

661

285

1,728

1,111

1,263

1,472

3,046

2,083

1,685

494

298

377

841

369

267

32

219

10

325

8

145

41

421

44

130

110

23

0

3

19

(Increase) decrease in capital property reserves

-

-

-

-

-

-

-

-

-

-

-

-

-

-

771

-112

-37

198

324

1,110

294

-

-

-

-

-

-

-

-

-

-

-

-

Cash received from disposal of properties

1,665

0

0

0

3,584

299

2,071

0

1,160

0

0

2,416

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash received from disposal of properties-discontinued operations

0

0

0

0

19

0

0

2,747

0

0

0

0

1,871

0

1

1,384

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net investing cash flows used in discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0

0

0

914

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by investing activities

1,339

-1,306

-459

-685

3,318

-1,429

960

1,484

-23,465

-3,104

-2,083

731

1,377

-39,391

-10,551

-8,862

-332

8,245

-42,456

-15,808

-4,840

-7,983

-11,424

-145

-41

-8,231

-10,084

-4,155

-110

-8,778

0

-3

-19

CASH FLOWS FROM FINANCING ACTIVITIES:
Payments for deferred financing costs

326

242

244

265

28

678

245

819

128

419

76

407

163

1,603

241

3,233

97

227

1,494

713

331

-

-

-

0

-

-

-

-

-

-

-

-

Dividends and distributions paid

-

-

-

-

-

3,037

3,037

3,037

5,480

5,478

5,473

3,598

6,193

5,038

4,289

4,222

4,143

4,108

4,417

3,515

2,150

2,071

1,348

1,006

1,006

1,032

856

383

613

-

-

-

-

Offering costs on preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

14

42

78

Distributions paid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

63

63

Proceeds from sales of Preferred Stock, net of expenses

-

-

-

-

-

0

0

0

21,158

0

96

0

-18

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

265

229

Proceeds from sales of preferred stock, net of expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-256

83,672

-

18,778

18,671

0

-

-

-

-

-

-

-

-

Net payments to related parties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

36

-431

-

73

-506

29

-259

88

-9

-199

232

-67

-72

36

Loan proceeds

13,350

7,500

7,665

16,500

0

2,047

7,684

13,400

7,403

1,716

5,194

5,795

6,181

1,500

9,100

8,000

3,000

11,494

0

0

0

0

6,224

0

2,160

10,000

515

8,375

4,000

-

-

-

-

Loan principal payments

15,939

9,525

9,604

18,905

5,381

2,695

9,513

15,921

848

661

3,802

7,248

6,516

-412

25,922

901

2,752

9,803

558

6,104

567

1,090

5,502

1,219

223

112

164

6,936

4,000

-

-

-

-

Net financing cash flows used in discontinued operations

-

-

-

-

-

-17

-26

4

-54

-54

-53

-104

-1,687

-843

0

-6

-5

-12

-27

-34

-18

-

-

-

-

-

-

-

-

-

-

-

-

Mortgage indebtedness principal payments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

60

Net cash used in financing activities

-2,915

-2,267

-2,183

-2,670

-5,409

-4,380

-5,137

-6,373

22,051

-4,896

-4,114

-5,562

-8,396

8,804

40,035

-362

-3,997

-2,658

-6,102

-10,588

80,173

-4,199

18,144

15,939

959

8,320

11,426

5,203

-814

11,095

-142

26

62

INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH

1,647

-936

2,167

1,755

606

-2,347

1,734

1,266

5,060

-3,002

-1,006

2,306

-527

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-

-

-

-

-

0

0

0

58,867

0

0

0

0

-

-

-

-

1,349

43,512

22,340

9,800

12,757

33,921

0

0

-

-

-

-

-

-

-

-

Conversion of Series B Preferred Stock to Common Stock

-

-

-

-

-

0

0

0

2

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Noncontrolling interests resulting from the issuance of common units

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

2,000

1,499

-

246

1,327

0

-

-

-

-

-

-

-

-

-

-

-

-

Conversion of common units to Common Stock

-

-

-

-

-

220

80

1,154

64

75

584

712

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Conversion of senior convertible debt into Series C Preferred Stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

3,000

0

0

0

0

-

-

-

-

-

-

-

-

Conversion of senior convertible debt into Common Stock

-

-

-

-

-

-

-

-

-

0

0

0

31

0

0

1,600

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of Common Stock for acquisition

-

-

-

-

-

0

0

0

1,130

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Preferred Stock, Accretion of Redemption Discount

170

170

169

171

170

169

169

170

170

204

205

205

195

162

78

88

89

88

1,857

5,768

1,211

379

0

0

0

-

-

-

-

-

-

-

-

Other Cash Transactions:
Cash paid for taxes

-

-

-

-

-

-

-

-

-

10

98

15

107

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for interest

4,100

-

-

-

4,430

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for interest

-

-

-

-

-

-

-

4,558

3,911

3,532

3,566

3,529

3,309

2,756

3,185

2,812

2,262

2,330

2,158

1,942

1,877

1,279

1,629

1,477

1,325

915

575

27

941

333

198

211

198

INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS

-

-

-

-

-

-

-

-

-

-

-

-

-

-

33,166

-4,125

-3,701

2,696

-41,236

-31,810

70,988

-9,935

3,619

14,107

981

-665

955

-187

-999

1,999

-79

-39

68