Weingarten Realty Investors WRI Cash Flow

Weingarten realty investors (WRI)

CashFlow / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08
Cash Flows from Operating Activities:
Net Income
322,575	345,343	350,715	276,831	181,222	307,579	265,156	152,421	16,739	51,238	175,276	154,595
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
135,674	161,838	167,101	162,535	145,940	150,616	157,665	148,413	157,290	151,107	151,888	157,894
Amortization of debt deferred costs and intangibles, net
3,194	3,146	2,790	2,562	2,650	3,641	-7,518	-1,162	5,215	5,017	6,083	13,496
Non-cash lease expense
1,241	0	0	-	-	-	-	-	-	-	-	-
Write-off of pre-development/acquisition costs
-	-	-	-	-	-	-	-	-	-	-	11,724
Impairment loss
74	10,120	15,257	98	153	1,024	2,815	15,436	75,874	33,317	38,836	52,539
Equity in earnings of real estate joint ventures and partnerships, net
20,769	25,070	27,074	20,642	19,300	22,317	35,112	-1,558	7,834	12,889	5,548	12,196
Gain on acquisition
-	-	-	-	-	-	-	1,869	4,559	0	-	-
Equity Method Investment, Realized Gain (Loss) on Disposal
-	-	-	48,322	879	1,718	33,670	14,203	0	0	-	-
Gain on land and merchant development sales
-	-	-	-	-	-	-	-	-	-	18,688	8,342
Gain on sale of property
189,914	207,865	218,611	100,714	59,621	190,872	119,965	69,623	11,952	3,098	81,031	-70,720
Loss on redemption of convertible senior unsecured notes
-	-	-	-	-	-	-	-	-	-135	25,311	12,961
Distributions of income from real estate joint ventures and partnerships
20,083	19,605	1,321	1,149	1,216	4,058	3,498	3,141	2,186	1,733	2,841	3,602
Changes in accrued rent, accrued contract receivables and accounts receivable, net
-10,001	2,807	18,964	14,488	8,884	3,494	4,606	-82	-6,662	2,898	-568	-11,255
Changes in unamortized lease costs and other assets, net
14,298	8,632	13,299	16,900	14,617	16,299	19,587	19,008	22,482	16,225	10,309	-29,669
Changes in accounts payable, accrued expenses and other liabilities, net
-975	-2,315	4,970	8,963	5,971	2,890	18,420	-878	-13,525	-3,875	147	-36,397
Other, net
3,164	-7,403	5,552	1,339	11,584	5,661	6,896	13,022	11,117	11,063	10,700	7,840
Net cash provided by operating activities
270,050	285,960	269,758	252,411	245,435	240,769	233,992	227,330	214,731	214,625	244,316	220,150
Cash Flows from Investing Activities:
Acquisition of real estate and land, net
218,849	1,265	1,902	500,421	221,779	43,587	105,765	198,171	49,880	62,102	-	-
Development and capital improvements
183,188	155,528	133,336	101,179	83,702	100,926	76,992	95,743	94,108	80,870	-	-
Proceeds from sale of property and real estate equity investments, net
445,319	607,486	433,661	234,952	101,516	351,224	282,705	591,091	113,043	29,064	-	-
Investment in property
-	-	-	-	-	-	-	-	-	-	-108,914	-294,886
Proceeds from sale and disposition of property, net
-	-	-	-	-	-	-	-	-	-	333,412	265,421
Change in restricted deposits and mortgage escrows
-	-	-	-	-	75,299	-39,505	30,520	794	-2,175	-20,480	-2,688
Notes receivable from real estate joint ventures and partnerships and other receivables - Advances
-	-	-	-	-	-	289	6,614	2,926	9,145	100,800	150,064
Notes receivable from real estate joint ventures and partnerships and other receivables - Collections
-	-	-	-	-	10,336	19,411	75,081	15,687	20,010	22,301	46,254
Real estate joint ventures and partnerships - Investments
74,602	38,096	37,173	52,834	30,053	5,223	26,241	9,792	18,583	37,738	5,247	4,759
Proceeds from Divestiture of Interest in Subsidiaries and Affiliates
2,482	6,936	28,791	51,714	35,341	31,260	59,932	44,976	17,271	15,663	-	-
Purchase of investments
0	0	5,730	4,740	0	3,000	58,836	0	0	-	-	-
Proceeds from investments
10,375	1,500	8,502	1,250	1,250	51,788	0	0	-	-	-	-
Distributions of capital
-	-	-	-	-	-	-	-	-	-	30,640	19,955
Proceeds from tax increment revenue bonds
-	-	-	-	-	-	-	-	16,545	0	-	-
Other, net
-2,437	-11,921	-6,179	-5,086	-295	-1,504	-1,224	0	0	-1,522	-	-
Net cash used in investing activities
-16,026	432,954	298,992	-366,172	-197,132	218,077	134,654	370,308	-3,745	-121,421	191,872	115,391
Cash Flows from Financing Activities:
Proceeds from issuance of debt
0	638	0	249,999	448,083	4,500	573,542	300,098	215,750	336	367,640	258,060
Principal payments of debt
55,556	257,028	28,723	144,788	240,505	508,997	449,629	538,438	336,760	139,722	578,390	296,902
Changes in unsecured credit facilities
-5,000	5,000	-245,000	95,500	-39,500	189,000	-66,000	-100,500	86,500	80,000	-383,000	128,000
Proceeds from issuance of common shares of beneficial interest, net
1,098	6,760	1,588	137,460	42,572	7,987	5,968	8,267	3,999	3,122	439,272	101,016
Repurchase of common shares of beneficial interest, net
0	18,564	0	0	-	-	-	-	-	-	-	-
Redemption of preferred shares of beneficial interest
-	-	-	-	150,000	0	275,000	72,500	0	0	-	195,824
Proceeds from issuance of preferred shares of beneficial interest, net
-	-	-	-	-	-	-	-	-	-	-	117,891
Common share dividends paid
203,297	382,464	294,073	185,100	174,628	199,343	165,900	173,202	165,721	158,012	168,583	213,569
Debt issuance and extinguishment costs paid
3,271	1,271	488	5,396	9,878	463	6,716	4,250	4,002	6,622	6,446	6,822
Distributions to noncontrolling interests
6,782	19,155	19,342	9,563	5,478	21,055	20,151	12,770	23,560	13,014	16,368	-
Contributions from noncontrolling interests
326	1,465	0	0	1,318	980	106,613	2,123	3,717	2,686	4,518	-
Other, net
-2,388	508	-2,657	-8,314	1,768	158	599	-504	-1,126	8,297	-193	-3,440
Net cash provided by (used in) financing activities
-274,870	-664,111	-588,695	129,798	-126,248	-527,233	-296,674	-591,676	-221,203	-222,929	-341,550	-111,590
Net increase (decrease) in cash, cash equivalents and restricted cash equivalents
-20,846	54,803	-19,945	16,037	-77,945	-68,387	71,972	5,962	-10,217	-129,725	94,638	-6,831
Cash paid for interest (net of amount capitalized of $2,663 and $2,921, respectively)
55,413	65,507	79,161	79,515	79,580	91,277	106,918	117,085	137,758	140,335	156,517	-
Cash paid for income taxes
1,526	1,545	1,009	958	1,474	1,705	1,860	1,548	1,578	2,116	3,051	-
Cash paid for amounts included in operating lease liabilities
2,785	0	0	-	-	-	-	-	-	-	-	-