W. P. Carey Inc. WPC Cash Flow

W. p. carey inc. (WPC)
CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10
Cash Flows — Operating Activities
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
304,450	306,544	372,030	411,768	425,071	424,341	303,536	305,617	293,324	285,083	259,080	287,728	273,768	274,807	282,481	193,757	207,509	185,227	162,547	167,285	167,333	246,069	261,465	254,799	233,644	132,165	100,959	81,535	66,949	62,779	54,329	77,361	127,191	139,138	150,491	141,604	84,265	74,951	0	0	0
Adjustments to net income:
Depreciation and amortization, including intangible assets and deferred financing costs
464,113	460,030	441,107	398,078	347,729	298,166	268,100	264,425	263,399	261,415	258,989	256,735	258,590	279,693	291,564	305,842	305,797	287,835	276,014	258,770	257,986	248,549	222,445	196,566	164,070	140,316	0	0	0	-	-	31,888	32,040	29,616	26,107	24,848	23,497	24,443	0	0	0
Income (Loss) from Equity Method Investments
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income tax benefit
-30,403	9,255	-4,319	556	4,047	-6,279	-16,969	-22,039	-26,618	-20,013	-10,517	-10,828	-23,967	-21,444	-13,081	-12,609	182	1,476	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment charges
51,959	32,539	25,781	0	0	4,790	7,559	7,559	7,559	2,769	0	0	0	-	-	-	-	29,906	39,487	24,275	25,750	23,067	13,634	10,825	10,430	13,709	17,066	21,184	20,517	22,962	17,760	17,160	16,197	10,473	11,738	7,285	8,229	15,381	0	0	0
Amortization of rent-related intangibles and deferred rental revenue
81,747	84,878	77,264	60,175	55,602	51,132	54,246	53,630	54,003	55,051	49,328	48,950	49,834	3,322	-7,362	-11,254	-14,959	29,414	108,052	87,986	65,704	44,843	1,788	7,629	15,295	21,333	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of real estate, net
28,961	18,143	100,260	100,532	112,806	118,605	30,133	49,047	40,600	33,878	25,980	55,849	70,666	71,318	71,577	24,230	5,964	6,487	8,042	6,521	27,259	29,250	63,609	63,591	43,818	39,711	-4,047	-4,228	-3,523	-2,773	-2,091	-2,546	-4,353	-3,391	264	660	837	460	0	0	0
Straight-line rent adjustments
-46,687	-46,260	-45,755	-38,785	-29,464	-21,994	-15,611	-15,513	-15,973	-16,980	-19,209	-20,300	-20,265	-17,836	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	2,469	2,101	910	286	0	0	0
Realized and unrealized losses on foreign currency transactions, derivatives, and other
695	466	-28,611	-2,658	14,407	17,644	7,637	-5,460	-17,702	-16,879	-26,602	-13,749	-11,816	-4,458	5,531	5,632	13,507	1,978	3,074	-6,220	-9,909	-3,012	0	0	0	-	-	-	-	-	0	0	0	-	2,041	2,062	1,165	731	0	0	0
Allocation of loss to profit-sharing interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	781	0	0	0
Asset management revenue received in shares of Managed REITs
29,930	30,555	32,112	33,674	40,286	49,110	56,537	68,572	70,561	69,658	62,868	49,692	40,449	31,786	28,546	26,540	25,217	23,266	28,741	32,520	36,647	39,866	34,796	31,402	31,837	33,572	33,914	34,687	31,530	28,477	157,701	140,083	90,908	73,936	-996	437	33,684	35,235	0	0	0
Allowance for credit losses
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized loss (gain) on derivatives and other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-532	-136	-138	-78	931	518	-300	0	0	0
Income (Loss) from Equity Method Investments, Net of Dividends or Distributions
-	-	-	-	-	-	0	0	64,301	-	64,296	64,781	65,482	64,719	60,633	56,465	66,362	51,020	80,831	68,296	42,563	44,116	-10,046	-10,346	10,408	10,177	0	0	0	-	-	-	-	-	-	0	0	-	0	0	0
Stock-based compensation expense
17,300	18,800	17,700	15,500	14,281	18,300	18,651	20,786	20,209	18,900	17,701	17,421	18,318	21,222	23,733	23,343	24,431	21,626	24,159	28,173	31,041	31,075	34,744	34,617	35,089	37,195	31,908	33,861	29,926	26,038	24,250	18,843	20,526	17,716	13,413	10,774	7,072	7,082	0	0	0
Distributions of earnings from equity method investments
22,348	26,772	34,314	46,543	53,806	62,015	64,067	62,030	64,700	66,259	65,712	64,875	66,023	64,650	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-
Allowance for credit losses
-	-	-	-	-	-	-	-	-	-	-	-	-	7,064	15,812	15,812	15,812	8,748	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on change in control of interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	105,947	105,947	105,947	105,947	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of deferred other revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	786	3,145	5,504	7,863	9,436	23,590	18,872	14,154	9,436	3,146	3,146	3,932	6,291	0	0	0	-	-	-	-
Realized (gain) loss on extinguishment of debt and other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Changes in assets and liabilities:
Decrease (increase) in prepaid taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	25,713	22,464	20,082	11,341	0	0	0	-	-	-	-	-	-	-	-
(Decrease) increase in income taxes, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	14,080	21,360	3,438	-1,288	0	0	0
Net changes in other operating assets and liabilities
1,963	20,783	29,523	64,135	55,100	28,054	23,235	8,779	-751	-9,390	-40,860	-27,936	-9,564	-27,637	-7,881	-12,804	-29,231	5,174	-3,943	-10,885	-4,331	-23,352	20,615	11,695	10,511	11,664	6,135	-13,087	-16,862	-9,047	-22,389	4,799	6,844	596	-1,562	-954	-200	-6,422	0	0	0
Deferred structuring revenue received
3,869	4,913	5,626	7,180	7,957	9,456	9,283	12,398	14,113	16,705	17,790	18,789	19,807	20,695	21,525	21,218	22,291	23,469	23,136	18,655	17,993	15,724	17,830	17,384	16,541	18,633	17,538	20,139	20,898	21,059	20,435	50,330	41,371	21,546	58,580	22,790	24,952	21,204	0	0	0
Increase in deferred structuring revenue receivable
169	621	3,745	6,011	7,829	8,014	7,701	5,042	5,855	6,530	7,338	8,717	8,085	8,951	13,063	15,729	24,948	29,327	31,889	30,767	22,237	23,713	23,219	22,345	20,472	13,788	15,769	17,683	17,825	20,304	10,307	33,665	30,758	19,537	7,395	-20,107	-24,298	-20,237	0	0	0
Net Cash Provided by Operating Activities
848,928	812,077	716,892	608,412	549,066	509,166	504,452	501,816	511,869	520,659	555,287	549,890	538,109	546,797	555,114	537,153	548,036	508,541	452,841	446,507	436,325	399,092	338,735	305,092	234,129	207,908	195,231	140,291	102,178	80,643	49,203	43,327	69,370	80,116	96,801	98,720	79,480	86,417	0	0	0
Cash Flows — Investing Activities
Funds placed in escrow
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	13,169	8,413	7,309	6,735	0	0	0	-	-	-	-
Funds released from escrow
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	13,798	8,201	4,175	2,584	2,814	2,518	851	36,620	0	0	0
Payments to Acquire Real Estate
750,363	717,666	541,016	739,424	799,280	719,548	555,956	295,732	117,039	31,842	0	0	0	-	-	-	-	674,808	1,181,381	1,245,743	1,242,779	898,162	262,687	170,163	235,238	265,383	0	0	0	-	-	-	-	-	-	-	-	96,884	0	0	0
Proceeds from sales of real estate
408,262	307,959	362,974	366,478	400,786	431,626	152,560	193,861	171,440	159,933	252,058	385,656	462,917	542,422	399,475	212,116	126,127	35,557	33,527	28,963	193,766	285,742	395,969	403,193	265,330	171,300	97,113	96,911	81,847	73,204	34,104	27,068	5,751	12,516	10,998	16,034	17,146	14,591	0	0	0
Funding for real estate construction, redevelopments, and other capital expenditures on real estate
191,806	165,490	175,967	135,687	114,212	107,684	94,817	98,736	85,876	78,367	70,127	74,530	74,918	64,441	41,938	24,832	20,121	28,040	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from repayment of short-term loans to affiliates
67,610	46,637	11,637	0	0	37,000	85,198	100,399	104,894	277,894	229,696	231,548	227,053	37,053	172,500	205,447	205,447	185,447	50,000	9,845	9,920	11,000	26,000	16,155	16,080	15,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from repayment of loans receivable
30,546	19,707	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other investing activities, net
18,965	8,882	-9,343	-18,984	-8,125	8,169	6,172	4,987	-1,748	-882	-2,332	-244	203	847	-2,883	-1,611	-201	-1,820	-711	-1,889	-1,807	-1,652	-5,421	-3,905	-3,323	-2,989	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Funding of short-term loans to affiliates
42,241	36,808	29,450	10,596	0	10,000	10,000	85,000	110,657	123,492	360,992	285,992	260,335	257,500	50,000	83,000	205,447	185,447	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other capital expenditures on owned real estate
-	-	-	-	-	-	-	-	-	-	-	-	5,112	-	8,103	6,942	8,199	4,415	6,034	5,778	3,913	5,757	-119	3,105	7,232	6,906	11,293	8,053	4,404	4,059	9,438	13,676	13,840	13,239	9,858	4,858	5,395	5,135	0	0	0
Change in investing restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-9,778	-1,261	-16,684	-26,610	-30,095	-111,077	20,525	23,731	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Return of capital from equity method investments
19,111	34,365	34,907	36,611	31,888	16,382	15,732	13,206	11,817	10,085	9,458	8,160	6,075	6,498	5,924	6,991	8,662	8,200	8,842	7,595	6,604	13,101	35,093	45,000	54,033	58,018	52,035	52,292	50,879	46,294	34,178	24,825	25,382	20,807	22,664	22,887	15,997	18,758	0	0	0
Capital contributions to equity method investments
596	2,595	20,053	20,052	20,052	18,173	715	716	2,006	1,291	1,432	1,431	142	147	332	7,592	16,234	16,229	40,903	33,652	25,015	25,468	468	949	980	1,945	2,294	2,001	2,054	726	377	180	90	2,297	0	0	0	-	-	-	-
Cash and restricted cash acquired in connection with the CPA:17 Merger
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	65,429	65,429	65,429	65,429	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Capital expenditures on corporate assets
-	-	-	-	-	-	-	-	-	-	0	0	354	-	1,685	2,812	4,200	4,321	5,048	11,937	15,802	18,262	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from repayments of notes receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	666	10,441	12,173	11,879	11,885	1,915	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,664	7,664	7,664	7,664	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid to stockholders of CPA:17 – Global in the CPA:17 Merger
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,338	1,338	1,338	1,338	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-
Net Cash Used in Investing Activities
-478,442	-522,773	-225,846	-362,040	-380,150	-266,132	-413,098	-176,654	-23,824	214,238	-90,965	109,332	-181,019	-284,741	-47,968	-336,864	-185,619	-645,185	-1,311,508	-1,294,795	-1,133,216	-640,226	198,960	223,885	148,979	-6,374	-115,355	-13,553	89,268	126,466	84,369	43,107	-125,760	-126,084	-127,126	-137,970	-28,820	-37,843	0	0	0
Cash Flows — Financing Activities
Repayments of Unsecured Revolving Credit Facility
1,565,344	1,227,153	2,201,917	1,797,182	1,586,359	2,108,629	1,026,975	1,066,002	1,062,829	1,680,198	1,674,522	2,112,130	2,092,097	954,006	1,063,175	691,221	582,437	1,330,122	1,124,522	1,018,868	1,012,685	1,415,000	1,460,000	1,625,000	1,683,000	413,000	0	0	0	-	-	-	-	160,000	140,000	170,000	150,000	52,500	0	0	0
Proceeds from Unsecured Revolving Credit Facility
1,540,576	1,336,824	1,353,036	1,337,085	1,255,515	1,403,254	1,095,410	885,862	816,600	1,302,463	1,623,180	1,588,180	1,742,416	1,154,157	1,006,670	1,136,213	944,129	1,044,767	1,230,530	1,198,646	1,146,974	1,757,151	1,435,286	1,547,627	1,581,383	735,000	670,000	515,000	340,000	300,000	215,000	35,000	176,410	251,410	251,410	231,410	121,750	83,250	0	0	0
Proceeds from Unsecured Term Loans
1,169,609	870,635	1,438,108	888,820	567,473	1,183,828	616,355	616,355	616,355	530,456	530,456	879,343	879,343	348,887	348,887	0	0	1,022,303	1,022,303	1,022,303	1,022,303	498,195	498,195	498,195	498,195	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Dividends paid
713,262	704,396	635,873	568,688	502,432	440,431	438,345	436,257	433,838	431,182	428,535	424,850	421,167	416,655	411,859	408,562	405,934	403,555	401,189	390,505	379,603	347,902	308,360	275,784	242,808	220,395	205,640	170,777	136,821	113,867	91,934	90,978	88,347	85,814	83,026	80,950	80,368	92,591	0	0	0
Scheduled payments of mortgage principal
191,171	210,414	135,257	123,453	118,321	100,433	99,950	90,965	109,463	344,440	361,097	414,887	410,487	170,979	149,326	98,138	90,022	90,328	162,649	179,511	206,560	205,024	327,798	372,028	341,283	391,764	203,272	126,046	119,799	54,964	14,889	25,692	20,390	25,327	24,999	13,899	17,559	14,324	0	0	0
Windfall tax benefit associated with stock-based compensation awards
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,220	6,716	5,468	5,641	6,652	6,710	7,502	12,817	12,934	15,134	16,352	10,185	9,383	8,304	6,873	2,569	3,179	3,385	3,170	2,354	0	0	0
Payment of financing costs
16,709	6,716	9,432	6,031	4,469	8,059	4,289	4,497	3,801	12,675	13,342	15,828	15,833	3,619	2,949	247	627	10,878	11,012	11,015	10,928	12,321	12,353	14,255	13,692	2,368	3,072	2,739	3,052	2,557	7,903	7,070	7,906	7,778	1,683	1,734	956	1,204	0	0	0
Other financing activities, net
11,581	5,550	6,198	3,237	-90	-1,465	-3,141	-5,167	-1,835	-1,301	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in current and deferred income taxes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Payments for withholding taxes upon delivery of equity-based awards
5,212	15,766	15,911	15,823	15,667	13,985	14,386	14,715	15,033	11,969	11,771	19,000	19,758	16,291	18,242	11,790	10,844	18,742	17,023	16,296	16,533	17,165	16,577	17,312	18,026	11,476	12,464	12,174	12,914	6,135	0	0	0	-	-	-	0	-	-	-	-
Distributions paid to noncontrolling interests
5,912	1,683	4,241	9,065	13,488	18,216	18,899	18,831	19,606	20,643	20,522	19,287	17,207	17,030	18,015	17,389	18,443	14,713	14,568	15,272	16,869	20,646	67,826	68,857	68,958	72,059	25,875	21,377	15,554	7,314	3,814	5,601	6,825	7,258	7,648	5,738	4,993	4,360	0	0	0
Proceeds from shares issued under ATM Program, net of selling costs
219,456	523,287	811,075	679,678	591,375	287,544	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Prepayments of mortgage principal
829,216	1,028,795	915,341	535,859	242,121	207,450	199,138	257,695	315,903	193,434	293,651	360,628	333,022	327,477	274,912	159,056	128,454	91,560	14,399	18,966	103,970	220,786	216,065	161,328	81,396	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Contributions from noncontrolling interests
0	849	849	849	920	71	134	137	10,037	90,550	90,698	90,718	80,769	346	279	359	612	730	777	862	778	693	62,817	62,629	62,805	65,145	3,802	4,641	5,004	3,291	3,201	3,244	3,356	3,223	5,199	4,540	14,258	14,261	0	0	0
Change in financing restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,521	-8,662	-9,353	-9,811	-10,405	-342	15	-588	-3,486	-2,894	-2,228	-1,843	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from exercise of stock options and employee purchases under the employee share purchase plan
-	-	-	-	-	-	-	-	-	-	-	-	-	-	359	395	521	515	1,030	962	1,799	1,890	1,562	1,526	2,378	2,312	47,650	47,922	47,420	51,644	0	0	0	-	-	-	0	-	-	-	-
Repurchase of shares in connection with CPA:17 Merger
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	679	679	677	40,678	40,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from mortgage financing
-	-	-	-	-	857	3,971	4,940	4,940	4,083	0	0	0	-	-	-	-	22,667	30,691	31,582	23,521	20,354	14,897	23,117	21,677	115,567	0	0	0	-	-	-	-	45,491	0	0	0	-	-	-	-
Net Cash Used in Financing Activities
-385,604	-457,778	-309,884	-147,610	-68,842	-24,292	-89,262	-385,875	-491,552	-745,466	-535,269	-685,137	-486,641	-282,023	-486,205	-256,245	-306,988	121,273	553,383	908,752	752,404	343,140	-92,464	-380,093	-300,189	-210,588	-225,487	-104,157	-109,984	-113,292	66,355	-72,328	53,209	10,502	21,024	25,113	-49,997	-1,548	0	0	0
Change in Cash and Cash Equivalents and Restricted Cash During the Period
Effect of exchange rate changes on cash and cash equivalents and restricted cash
-6,271	-4,071	-7,233	-969	-9,778	-4,355	-6,436	-695	12,309	9,514	-199	-2,971	-11,739	-7,336	-2,776	-4,368	4,244	-26,085	-33,674	-41,806	-47,069	-20,842	-8,575	3,322	4,464	2,669	2,487	384	-611	790	-278	-767	-184	70	146	1,149	319	-783	0	0	0
Net increase (decrease) in cash and cash equivalents and restricted cash
-21,389	-172,545	173,929	97,793	90,296	214,387	-4,344	-61,408	8,802	-1,055	-71,146	-28,886	-141,290	-27,303	18,165	-60,324	59,673	-41,456	-338,958	18,658	8,444	81,164	436,656	152,206	87,383	-6,385	-143,124	22,965	80,851	94,607	199,649	13,339	-3,365	-35,396	-9,155	-12,988	982	46,243	0	0	0