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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Cash flows from operating activities:    
Net income $ 12,533us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 3,573us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization expense 23,189us-gaap_DepreciationDepletionAndAmortization 24,797us-gaap_DepreciationDepletionAndAmortization
Amortization of above market lease 6us-gaap_AmortizationOfIntangibleAssets (11)us-gaap_AmortizationOfIntangibleAssets
Equity in losses of non-consolidated REITs 322fsp_IncomeLossFromEquityMethodInvestmentsAndConsolidatedInvestments 484fsp_IncomeLossFromEquityMethodInvestmentsAndConsolidatedInvestments
Gain on sale of properties, less applicable income tax (10,462)us-gaap_GainLossOnDispositionOfAssets1  
Changes in operating assets and liabilities:    
Restricted cash 686us-gaap_IncreaseDecreaseInRestrictedCashForOperatingActivities (45)us-gaap_IncreaseDecreaseInRestrictedCashForOperatingActivities
Tenant rent receivables 146us-gaap_IncreaseDecreaseInAccountsReceivable (933)us-gaap_IncreaseDecreaseInAccountsReceivable
Straight-line rents (69)us-gaap_StraightLineRent (1,784)us-gaap_StraightLineRent
Lease acquisition costs (3)fsp_IncreaseDecreaseInOperatingLeaseAcquisitionCosts (347)fsp_IncreaseDecreaseInOperatingLeaseAcquisitionCosts
Prepaid expenses and other assets 283us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets 800us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Accounts payable, accrued expenses and other items (7,706)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities (7,257)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Accrued compensation (2,517)us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities (1,958)us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities
Tenant security deposits (230)us-gaap_IncreaseDecreaseInSecurityDeposits 231us-gaap_IncreaseDecreaseInSecurityDeposits
Payment of deferred leasing commissions (1,116)us-gaap_IncreaseDecreaseInDeferredLeasingFees (1,113)us-gaap_IncreaseDecreaseInDeferredLeasingFees
Net cash provided by operating activities 15,062us-gaap_NetCashProvidedByUsedInOperatingActivities 16,437us-gaap_NetCashProvidedByUsedInOperatingActivities
Cash flows from investing activities:    
Property improvements, fixtures and equipment (4,298)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (4,850)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Distributions in excess of earnings from non-consolidated REITs 27fsp_EquityMethodInvestmentDistributionInExcessOfEarnings 27fsp_EquityMethodInvestmentDistributionInExcessOfEarnings
Investment in related party mortgage loan receivable   (2,170)us-gaap_PaymentsToFundLongtermLoansToRelatedParties
Proceeds received on sales of real estate assets 47,671us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment  
Changes in deposits on real estate assets (4,000)us-gaap_PaymentsForProceedsFromDepositsOnRealEstateAcquisitions  
Net cash provided by (used in) investing activities 39,400us-gaap_NetCashProvidedByUsedInInvestingActivities (6,993)us-gaap_NetCashProvidedByUsedInInvestingActivities
Cash flows from financing activities:    
Distributions to stockholders (19,036)us-gaap_PaymentsOfDividendsCommonStock (19,036)us-gaap_PaymentsOfDividendsCommonStock
Borrowings under bank note payable 20,000us-gaap_ProceedsFromLinesOfCredit 10,000us-gaap_ProceedsFromLinesOfCredit
Repayments of bank note payable (48,000)us-gaap_RepaymentsOfLinesOfCredit  
Net cash used in financing activities (47,036)us-gaap_NetCashProvidedByUsedInFinancingActivities (9,036)us-gaap_NetCashProvidedByUsedInFinancingActivities
Net increase in cash and cash equivalents 7,426us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 408us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents, beginning of year 7,519us-gaap_CashAndCashEquivalentsAtCarryingValue 19,623us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents, end of period 14,945us-gaap_CashAndCashEquivalentsAtCarryingValue 20,031us-gaap_CashAndCashEquivalentsAtCarryingValue
Non-cash investing and financing activities:    
Accrued costs for purchase of real estate assets $ 2,998us-gaap_CapitalExpendituresIncurredButNotYetPaid $ 1,080us-gaap_CapitalExpendituresIncurredButNotYetPaid