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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 30,194 $ 21,326
Adjustments to reconcile net income to net cash provided by operating activities    
Straight-line rents (2,199) (2,009)
Amortization of lease intangibles (1,775) (814)
Depreciation and amortization 20,509 18,260
Gain on sales of real estate investments (14,986) (10,100)
Deferred financing cost amortization 715 554
Deferred senior secured loan fee amortization (98)  
Stock-based compensation 4,229 4,850
Changes in assets and liabilities    
Other assets (2,092) (557)
Accounts payable and other liabilities 1,151 2,118
Net cash provided by operating activities 35,648 33,628
CASH FLOWS FROM INVESTING ACTIVITIES    
Cash paid for property acquisitions (100,881) (138,268)
Proceeds from sales of real estate investments, net 42,991 25,137
Additions to construction in progress (2,469)  
Additions to buildings, improvements and leasing costs (13,327) (12,597)
Cash paid for senior secured loan (55,000)  
Origination and other fees received on senior secured loan 900  
Net cash used in investing activities (127,786) (125,728)
CASH FLOWS FROM FINANCING ACTIVITIES    
Issuance of common stock 107,991 140,853
Issuance costs on issuance of common stock (1,566) (2,084)
Repurchase of common stock (3,870) (3,436)
Borrowings on credit facility 98,350 77,000
Payments on credit facility (93,000) (107,500)
Payments on mortgage loans payable (945) (991)
Payment of deferred financing costs (10)  
Dividends paid to common stockholders (24,401) (19,388)
Dividends paid to preferred stockholders   (1,783)
Net cash provided by financing activities 82,549 82,671
Net decrease in cash and cash equivalents and restricted cash (9,589) (9,429)
Cash and cash equivalents and restricted cash at beginning of period 42,800 18,478
Cash and cash equivalents and restricted cash at end of period 33,211 9,049
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Cash paid for interest, net of capitalized interest 9,364 7,011
Supplemental disclosures of non-cash transactions    
Accounts payable related to capital improvements 6,704 8,088
Reconciliation of cash paid for property acquisitions    
Acquisition of properties 103,714 155,915
Assumption of other assets and liabilities (2,833) (17,647)
Net cash paid for property acquisitions $ 100,881 $ 138,268