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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Consolidated net income $ 130 $ 5,988
Adjustments to reconcile consolidated net income to net cash provided by operating activities:    
Straight-line rent 2,546 (663)
Depreciation and amortization 32,051 35,303
Gain on sale of operating properties (1,043) (6,587)
Impairment charge 0 4,077
Compensation expense for equity awards 1,024 1,283
Amortization of debt fair value adjustment (111) (547)
Amortization of in-place lease liabilities (598) (1,045)
Changes in assets and liabilities:    
Tenant receivables 2,627 3,728
Deferred costs and other assets (4,793) (5,056)
Accounts payable, accrued expenses, deferred revenue, and other liabilities (9,960) (4,171)
Net cash provided by operating activities 21,873 32,310
Cash flow from investing activities:    
Acquisitions of interests in properties 0 (29,286)
Capital expenditures (13,178) (11,549)
Net proceeds from sales of land 5,490 0
Net proceeds from sales of operating properties 0 13,098
Change in construction payables 594 (1,963)
Net cash used in investing activities (7,094) (29,700)
Cash flow from financing activities:    
Proceeds from issuance of common shares, net 21 25
Repurchases of common shares upon the vesting of restricted shares (1,002) (328)
Loan proceeds 300,000 60,000
Loan payments (549) (1,159)
Distributions paid – common shareholders/unitholders (298) (53,263)
Distributions paid – redeemable noncontrolling interests (132) (1,441)
Net cash provided by financing activities 298,040 3,834
Net change in cash, cash equivalents, and restricted cash 312,819 6,444
Cash, cash equivalents, and restricted cash beginning of period 52,813 45,506
Cash, cash equivalents, and restricted cash end of period 365,632 51,950
KRG, LP    
Cash flows from operating activities:    
Consolidated net income 130 5,988
Adjustments to reconcile consolidated net income to net cash provided by operating activities:    
Straight-line rent 2,546 (663)
Depreciation and amortization 32,051 35,303
Gain on sale of operating properties (1,043) (6,587)
Impairment charge 0 4,077
Compensation expense for equity awards 1,024 1,283
Amortization of debt fair value adjustment (111) (547)
Amortization of in-place lease liabilities (598) (1,045)
Changes in assets and liabilities:    
Tenant receivables 2,627 3,728
Deferred costs and other assets (4,793) (5,056)
Accounts payable, accrued expenses, deferred revenue, and other liabilities (9,960) (4,171)
Net cash provided by operating activities 21,873 32,310
Cash flow from investing activities:    
Acquisitions of interests in properties 0 (29,286)
Capital expenditures (13,178) (11,549)
Net proceeds from sales of land 5,490 0
Net proceeds from sales of operating properties 0 13,098
Change in construction payables 594 (1,963)
Net cash used in investing activities (7,094) (29,700)
Cash flow from financing activities:    
Proceeds from issuance of common shares, net 21 25
Repurchases of common shares upon the vesting of restricted shares (1,002) (328)
Loan proceeds 300,000 60,000
Loan payments (549) (1,159)
Distributions paid – common shareholders/unitholders (298) (53,263)
Distributions paid – redeemable noncontrolling interests (132) (1,441)
Net cash provided by financing activities 298,040 3,834
Net change in cash, cash equivalents, and restricted cash 312,819 6,444
Cash, cash equivalents, and restricted cash beginning of period 52,813 45,506
Cash, cash equivalents, and restricted cash end of period $ 365,632 $ 51,950