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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Cash flows from operating activities:      
Net income $ 13,148us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 19,827us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 7,633us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization expense 97,916us-gaap_DepreciationDepletionAndAmortization 81,267us-gaap_DepreciationDepletionAndAmortization 57,500us-gaap_DepreciationDepletionAndAmortization
Amortization of above market lease 635us-gaap_AmortizationOfIntangibleAssets (365)us-gaap_AmortizationOfIntangibleAssets 71us-gaap_AmortizationOfIntangibleAssets
Gain (loss) on sale of properties, less applicable income tax (940)us-gaap_GainLossOnDispositionOfAssets1 (2,158)us-gaap_GainLossOnDispositionOfAssets1 14,826us-gaap_GainLossOnDispositionOfAssets1
Equity in (earnings) losses of non-consolidated REITs 1,760fsp_IncomeLossFromEquityMethodInvestmentsAndConsolidatedInvestments 1,358fsp_IncomeLossFromEquityMethodInvestmentsAndConsolidatedInvestments (2,033)fsp_IncomeLossFromEquityMethodInvestmentsAndConsolidatedInvestments
Distributions from non-consolidated REITs     705us-gaap_EquityMethodInvestmentDividendsOrDistributions
Increase (decrease) in allowance for doubtful accounts 275us-gaap_ProvisionForDoubtfulAccounts (1,250)us-gaap_ProvisionForDoubtfulAccounts 65us-gaap_ProvisionForDoubtfulAccounts
Changes in operating assets and liabilities:      
Restricted cash (99)us-gaap_IncreaseDecreaseInRestrictedCashForOperatingActivities (68)us-gaap_IncreaseDecreaseInRestrictedCashForOperatingActivities (82)us-gaap_IncreaseDecreaseInRestrictedCashForOperatingActivities
Tenant rent receivables 94us-gaap_IncreaseDecreaseInAccountsReceivable (2,103)us-gaap_IncreaseDecreaseInAccountsReceivable (354)us-gaap_IncreaseDecreaseInAccountsReceivable
Straight-line rents (4,737)us-gaap_StraightLineRent (5,782)us-gaap_StraightLineRent (4,464)us-gaap_StraightLineRent
Lease acquisition costs (440)fsp_IncreaseDecreaseInOperatingLeaseAcquisitionCosts (1,146)fsp_IncreaseDecreaseInOperatingLeaseAcquisitionCosts (2,520)fsp_IncreaseDecreaseInOperatingLeaseAcquisitionCosts
Prepaid expenses and other assets 700us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets (1,547)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets (328)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Accounts payable, accrued expenses and other items 206us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities 11,137us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities 3,717us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Accrued compensation 773us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities 445us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities 318us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities
Tenant security deposits 222us-gaap_IncreaseDecreaseInSecurityDeposits 1,538us-gaap_IncreaseDecreaseInSecurityDeposits 481us-gaap_IncreaseDecreaseInSecurityDeposits
Payment of deferred leasing commissions (6,347)us-gaap_IncreaseDecreaseInDeferredLeasingFees (9,125)us-gaap_IncreaseDecreaseInDeferredLeasingFees (5,179)us-gaap_IncreaseDecreaseInDeferredLeasingFees
Net cash provided by operating activities 103,166us-gaap_NetCashProvidedByUsedInOperatingActivities 92,028us-gaap_NetCashProvidedByUsedInOperatingActivities 70,356us-gaap_NetCashProvidedByUsedInOperatingActivities
Cash flows from investing activities:      
Property acquisitions   (454,447)us-gaap_PaymentsToAcquireBuildings (167,812)us-gaap_PaymentsToAcquireBuildings
Property improvements, fixtures and equipment (18,370)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (19,120)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (15,824)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Office computers and furniture (191)fsp_PaymentsToAcquireOfficeComputersAndFurniture (355)fsp_PaymentsToAcquireOfficeComputersAndFurniture (232)fsp_PaymentsToAcquireOfficeComputersAndFurniture
Acquired real estate leases   (100,143)us-gaap_PaymentsToAcquireIntangibleAssets (37,302)us-gaap_PaymentsToAcquireIntangibleAssets
Investment in non-consolidated REITs   4,858us-gaap_PaymentsToAcquireInterestInSubsidiariesAndAffiliates (1)us-gaap_PaymentsToAcquireInterestInSubsidiariesAndAffiliates
Distributions in excess of earnings from non-consolidated REITs 107fsp_EquityMethodInvestmentDistributionInExcessOfEarnings 108fsp_EquityMethodInvestmentDistributionInExcessOfEarnings 2,105fsp_EquityMethodInvestmentDistributionInExcessOfEarnings
Investment in related party mortgage loan receivable (11,170)us-gaap_PaymentsToFundLongtermLoansToRelatedParties (8,200)us-gaap_PaymentsToFundLongtermLoansToRelatedParties (74,580)us-gaap_PaymentsToFundLongtermLoansToRelatedParties
Repayment of related party mortgage receivable 17,275us-gaap_RepaymentOfNotesReceivableFromRelatedParties 2,350us-gaap_RepaymentOfNotesReceivableFromRelatedParties 121,200us-gaap_RepaymentOfNotesReceivableFromRelatedParties
Proceeds received on sales of real estate assets 14,192us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment 12,301us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment 157us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment
Net cash provided by (used in) investing activities 1,843us-gaap_NetCashProvidedByUsedInInvestingActivities (562,648)us-gaap_NetCashProvidedByUsedInInvestingActivities (172,289)us-gaap_NetCashProvidedByUsedInInvestingActivities
Cash flows from financing activities:      
Distributions to stockholders (76,142)us-gaap_PaymentsOfDividendsCommonStock (69,588)us-gaap_PaymentsOfDividendsCommonStock (63,032)us-gaap_PaymentsOfDividendsCommonStock
Proceeds from equity offering   241,500us-gaap_ProceedsFromIssuanceOfCommonStock  
Offering costs   (10,818)us-gaap_PaymentsOfStockIssuanceCosts  
Borrowings under bank note payable 15,000us-gaap_ProceedsFromLinesOfCredit 160,000us-gaap_ProceedsFromLinesOfCredit 294,750us-gaap_ProceedsFromLinesOfCredit
Repayments of bank note payable (53,500)us-gaap_RepaymentsOfLinesOfCredit (70,250)us-gaap_RepaymentsOfLinesOfCredit (527,000)us-gaap_RepaymentsOfLinesOfCredit
Borrowing of term loan payable   220,000us-gaap_ProceedsFromIssuanceOfUnsecuredDebt 400,000us-gaap_ProceedsFromIssuanceOfUnsecuredDebt
Deferred financing costs (2,471)us-gaap_PaymentsOfFinancingCosts (1,868)us-gaap_PaymentsOfFinancingCosts (5,331)us-gaap_PaymentsOfFinancingCosts
Net cash provided by (used in) financing activities (117,113)us-gaap_NetCashProvidedByUsedInFinancingActivities 468,976us-gaap_NetCashProvidedByUsedInFinancingActivities 99,387us-gaap_NetCashProvidedByUsedInFinancingActivities
Net decrease in cash and cash equivalents (12,104)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (1,644)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (2,546)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents, beginning of year 19,623us-gaap_CashAndCashEquivalentsAtCarryingValue 21,267us-gaap_CashAndCashEquivalentsAtCarryingValue 23,813us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents, end of year 7,519us-gaap_CashAndCashEquivalentsAtCarryingValue 19,623us-gaap_CashAndCashEquivalentsAtCarryingValue 21,267us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash paid for:      
Interest 25,623us-gaap_InterestPaid 19,556us-gaap_InterestPaid 13,969us-gaap_InterestPaid
Taxes on income 668us-gaap_IncomeTaxesPaid 515us-gaap_IncomeTaxesPaid 265us-gaap_IncomeTaxesPaid
Non-cash investing and financing activities:      
Accrued costs for purchase of real estate assets $ 1,788us-gaap_CapitalExpendituresIncurredButNotYetPaid $ 3,570us-gaap_CapitalExpendituresIncurredButNotYetPaid $ 1,692us-gaap_CapitalExpendituresIncurredButNotYetPaid