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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Operating activities:      
Net income $ 121,173 $ 274,773 $ 366,284
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 335,583 332,431 352,245
(Accretion) amortization of debt premium and discount, net (1,068) 966 (2,572)
Deferred financing cost amortization 7,527 7,063 6,601
Accretion of above- and below-market leases, net (16,495) (18,824) (26,566)
Tenant inducement amortization and other 3,579 3,600 3,424
Impairment of real estate assets 19,551 24,402 53,295
Gain on sale of real estate assets (34,499) (54,767) (209,168)
Equity compensation expense, net 10,951 12,661 9,378
Loss on extinguishment of debt, net 28,052 1,620 37,096
Changes in operating assets and liabilities:      
Receivables, net (9,795) (26,999) (12,312)
Deferred charges and prepaid expenses (22,560) (30,702) (40,575)
Other assets (475) (179) 3,735
Accounts payable, accrued expenses and other liabilities 1,577 2,627 824
Net cash provided by operating activities 443,101 528,672 541,689
Investing activities:      
Improvements to and investments in real estate assets (284,756) (395,095) (268,689)
Acquisitions of real estate assets (3,425) (79,634) (17,447)
Proceeds from sales of real estate assets 122,387 290,153 957,955
Purchase of marketable securities (22,565) (37,781) (33,096)
Proceeds from sale of marketable securities 21,110 50,293 30,880
Net cash provided by (used in) investing activities (167,249) (172,064) 669,603
Financing activities:      
Repayment of secured debt obligations (7,000) 0 (895,717)
Repayment of borrowings under unsecured revolving credit facility (653,000) (586,000) (194,000)
Proceeds from borrowings under unsecured revolving credit facility 646,000 287,000 500,000
Proceeds from unsecured notes 820,396 771,623 250,000
Repayment of borrowings under unsecured term loans and notes (500,000) (500,000) (435,000)
Deferred financing and debt extinguishment costs (34,740) (7,294) (56,598)
Distributions to common stockholders (170,397) (334,895) (333,411)
Repurchases of common shares (25,007) (14,563) (104,700)
Repurchases of common shares in conjunction with equity award plans (3,540) (1,721) (1,878)
Net cash provided by (used in) financing activities 72,712 (385,850) (1,271,304)
Net change in cash, cash equivalents and restricted cash 348,564 (29,242) (60,012)
Cash, cash equivalents and restricted cash at beginning of period 21,523 50,765 110,777
Cash, cash equivalents and restricted cash at end of period 370,087 21,523 50,765
Reconciliation to consolidated balance sheets:      
Cash and cash equivalents 368,675 19,097 41,745
Cash, cash equivalents and restricted cash at end of period 21,523 50,765 50,765
Supplemental disclosure of cash flow information:      
Cash paid for interest, net of amount capitalized of $4,231, $3,480 and $2,478 183,187 178,890 212,889
State and local taxes paid   2,134 2,180
Brixmor Operating Partnership LP      
Operating activities:      
Net income 121,173 274,773 366,284
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 335,583 332,431 352,245
(Accretion) amortization of debt premium and discount, net (1,068) 966 (2,572)
Deferred financing cost amortization 7,527 7,063 6,601
Accretion of above- and below-market leases, net (16,495) (18,824) (26,566)
Tenant inducement amortization and other 3,579 3,600 3,424
Impairment of real estate assets 19,551 24,402 53,295
Gain on sale of real estate assets (34,499) (54,767) (209,168)
Equity compensation expense, net 10,951 12,661 9,378
Loss on extinguishment of debt, net 28,052 1,620 37,096
Changes in operating assets and liabilities:      
Receivables, net (9,795) (26,999) (12,312)
Deferred charges and prepaid expenses (22,560) (30,702) (40,575)
Other assets (475) (179) 3,735
Accounts payable, accrued expenses and other liabilities 1,577 2,627 824
Net cash provided by operating activities 443,101 528,672 541,689
Investing activities:      
Improvements to and investments in real estate assets (284,756) (395,095) (268,689)
Acquisitions of real estate assets (3,425) (79,634) (17,447)
Proceeds from sales of real estate assets 122,387 290,153 957,955
Purchase of marketable securities (22,565) (38,002) (33,094)
Proceeds from sale of marketable securities 21,110 50,293 30,880
Net cash provided by (used in) investing activities (167,249) (172,285) 669,605
Financing activities:      
Repayment of secured debt obligations (7,000) 0 (895,717)
Repayment of borrowings under unsecured revolving credit facility (653,000) (586,000) (194,000)
Proceeds from borrowings under unsecured revolving credit facility 646,000 287,000 500,000
Proceeds from unsecured notes 820,396 771,623 250,000
Repayment of borrowings under unsecured term loans and notes (500,000) (500,000) (435,000)
Deferred financing and debt extinguishment costs (34,740) (7,294) (56,598)
Partner distributions and repurchases of OP Units (208,942) (350,848) (440,087)
Net cash provided by (used in) financing activities 62,714 (385,519) (1,271,402)
Net change in cash, cash equivalents and restricted cash 338,566 (29,132) (60,108)
Cash, cash equivalents and restricted cash at beginning of period 21,507 50,639 110,747
Cash, cash equivalents and restricted cash at end of period 360,073 21,507 50,639
Reconciliation to consolidated balance sheets:      
Cash and cash equivalents 358,661 19,081 41,619
Cash, cash equivalents and restricted cash at end of period 21,507 50,639 50,639
Supplemental disclosure of cash flow information:      
Cash paid for interest, net of amount capitalized of $4,231, $3,480 and $2,478 183,187 178,890 212,889
State and local taxes paid $ 3,577 $ 2,134 $ 2,180