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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Operating activities    
Net income $ 21,525 $ 11,796
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 79,303 73,953
Noncash amortization of deferred financing costs 1,900 2,562
Noncash amortization of discounts on debt instruments 935 840
Noncash amortization of cash flow hedging instrument (120) 0
Noncash share-based compensation 975 938
Provision for bad debt 2,000 1,510
Remeasurement of participating preferred shares/units (1,212) 5,410
Equity in net earnings of unconsolidated ventures (314) (295)
Net gain on sale of single-family properties and other (2,256) (2,026)
Loss on impairment of single-family properties 700 929
Net gain on resolutions of mortgage loans 0 (15)
Other changes in operating assets and liabilities:    
Rent and other receivables (3,886) (2,657)
Prepaid expenses and other assets (13,476) (8,356)
Deferred leasing costs (2,723) (1,482)
Accounts payable and accrued expenses 29,150 22,050
Amounts payable to affiliates (10) 4,880
Net cash provided by operating activities 112,491 110,037
Investing activities    
Cash paid for single-family properties (149,674) (73,622)
Change in escrow deposits for purchase of single-family properties (4,115) (1,072)
Net proceeds received from sales of single-family properties and other 11,967 31,306
Proceeds received from hurricane-related insurance claims 4,000 0
Collections from mortgage financing receivables 0 70
Distributions from joint ventures 1,230 1,192
Initial renovations to single-family properties (20,400) (7,677)
Recurring and other capital expenditures for single-family properties (11,167) (6,484)
Other purchases of productive assets (53,472) (13,710)
Net cash used for investing activities (221,631) (69,997)
Financing activities    
Proceeds from issuance of Class A common shares/units 0 350,612
Repurchase of Class A common shares/units (34,969) 0
Share-based compensation payments, net (414)  
Share-based compensation proceeds, net   258
Payments on asset-backed securitizations (5,312) (6,231)
Payments on secured note payable (255) (245)
Settlement of cash flow hedging instrument 9,628 0
Distributions to noncontrolling interests (5,457) (2,779)
Distributions to common shareholders/unitholders (14,337) (12,214)
Distributions to preferred shareholders/unitholders (14,597) (13,587)
Deferred financing costs paid 5,025 0
Net cash provided by financing activities 286,472 340,578
Net increase in cash, cash equivalents and restricted cash 177,332 380,618
Cash, cash equivalents and restricted cash, beginning of period 182,823 250,241
Cash, cash equivalents and restricted cash, end of period (see Note 3) 360,155 630,859
Supplemental cash flow information    
Cash payments for interest, net of amounts capitalized (22,690) (28,487)
Supplemental schedule of noncash investing and financing activities    
Accounts payable and accrued expenses related to property acquisitions, renovations and construction 9,375 (951)
Transfers of completed homebuilding deliveries to properties 8,693 0
Note receivable related to a bulk sale of properties, net of discount 0 5,483
Accrued distributions to affiliates (2,719) 0
Accrued distributions to non-affiliates 25 0
American Homes 4 Rent, L.P.    
Operating activities    
Net income 21,525 11,796
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 79,303 73,953
Noncash amortization of deferred financing costs 1,900 2,562
Noncash amortization of discounts on debt instruments 935 840
Noncash amortization of cash flow hedging instrument (120) 0
Noncash share-based compensation 975 938
Provision for bad debt 2,000 1,510
Remeasurement of participating preferred shares/units (1,212) 5,410
Equity in net earnings of unconsolidated ventures (314) (295)
Net gain on sale of single-family properties and other (2,256) (2,026)
Loss on impairment of single-family properties 700 929
Net gain on resolutions of mortgage loans 0 (15)
Other changes in operating assets and liabilities:    
Rent and other receivables (3,886) (2,657)
Prepaid expenses and other assets (13,476) (8,356)
Deferred leasing costs (2,723) (1,482)
Accounts payable and accrued expenses 29,150 22,050
Amounts payable to affiliates (10) 4,880
Net cash provided by operating activities 112,491 110,037
Investing activities    
Cash paid for single-family properties (149,674) (73,622)
Change in escrow deposits for purchase of single-family properties (4,115) (1,072)
Net proceeds received from sales of single-family properties and other 11,967 31,306
Proceeds received from hurricane-related insurance claims 4,000 0
Collections from mortgage financing receivables 0 70
Distributions from joint ventures 1,230 1,192
Initial renovations to single-family properties (20,400) (7,677)
Recurring and other capital expenditures for single-family properties (11,167) (6,484)
Other purchases of productive assets (53,472) (13,710)
Net cash used for investing activities (221,631) (69,997)
Financing activities    
Proceeds from issuance of Class A common shares/units 0 350,612
Repurchase of Class A common shares/units (34,969) 0
Share-based compensation payments, net (414)  
Share-based compensation proceeds, net   258
Payments on asset-backed securitizations (5,312) (6,231)
Payments on secured note payable (255) (245)
Settlement of cash flow hedging instrument 9,628 0
Distributions to common shareholders/unitholders (19,794) (14,993)
Distributions to preferred shareholders/unitholders (14,597) (13,587)
Deferred financing costs paid 5,025 0
Net cash provided by financing activities 286,472 340,578
Net increase in cash, cash equivalents and restricted cash 177,332 380,618
Cash, cash equivalents and restricted cash, beginning of period 182,823 250,241
Cash, cash equivalents and restricted cash, end of period (see Note 3) 360,155 630,859
Supplemental cash flow information    
Cash payments for interest, net of amounts capitalized (22,690) (28,487)
Supplemental schedule of noncash investing and financing activities    
Accounts payable and accrued expenses related to property acquisitions, renovations and construction 9,375 (951)
Transfers of completed homebuilding deliveries to properties 8,693 0
Note receivable related to a bulk sale of properties, net of discount 0 5,483
Accrued distributions to affiliates (2,719) 0
Accrued distributions to non-affiliates 25 0
Term Loan facility    
Financing activities    
Proceeds from debt 0 25,000
Term Loan facility | American Homes 4 Rent, L.P.    
Financing activities    
Proceeds from debt 0 25,000
Unsecured Senior Notes    
Financing activities    
Proceeds from unsecured senior notes, net of discount 497,210 0
Unsecured Senior Notes | American Homes 4 Rent, L.P.    
Financing activities    
Proceeds from unsecured senior notes, net of discount 497,210 0
Revolving Credit Facility    
Financing activities    
Proceeds from debt 100,000 0
Payments on credit facility (240,000) 0
Revolving Credit Facility | American Homes 4 Rent, L.P.    
Financing activities    
Proceeds from debt 100,000 0
Payments on credit facility (240,000) 0
Class A common shares/units    
Financing activities    
Stock issuance costs 0 (236)
Class A common shares/units | American Homes 4 Rent, L.P.    
Financing activities    
Proceeds from issuance of Class A common shares/units   350,612
Stock issuance costs 0 $ (236)
Repurchase of Class A common shares/units $ (34,969)