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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
9 Months Ended
Jul. 31, 2020
Jul. 31, 2019
Cash Flows from Operating Activities:    
Net income $ 22,684 $ 31,405
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 21,587 20,928
Straight-line rent adjustment (1,744) (672)
Provision for tenant credit losses 5,266 719
(Gain) on sale of marketable securities (258) (403)
Loss on sale of property 328 (409)
Restricted stock compensation expense and other adjustments 4,425 3,229
Deferred compensation arrangement (30) (32)
Equity in net (income) of unconsolidated joint ventures (1,160) (1,007)
Distributions of operating income from unconsolidated joint ventures 1,160 1,007
Changes in operating assets and liabilities:    
Tenant receivables (6,358) (758)
Accounts payable and accrued expenses 3,945 (1,273)
Other assets and other liabilities, net (3,589) (396)
Net Cash Flow Provided by Operating Activities 46,256 52,338
Cash Flows from Investing Activities:    
Acquisitions of real estate investments 0 (11,755)
Investments in and advances to unconsolidated joint ventures 0 (619)
Deposits on acquisition of real estate investment (1,030) 0
Return of deposits on acquisition of real estate investment 530 0
Purchase of available for sale securities (6,983) 0
Proceeds from the sale of available for sale securities 7,240 5,970
Proceeds from sale of property 3,732 3,372
Improvements to properties and deferred charges (17,118) (13,663)
Return of capital from unconsolidated joint ventures 44 6,628
Net Cash Flow (Used in) Investing Activities (13,585) (10,067)
Cash Flows from Financing Activities:    
Dividends paid - Common and Class A Common Stock (24,560) (31,939)
Dividends paid - Preferred Stock (10,776) (9,188)
Principal amortization repayments on mortgage notes payable (4,947) (4,762)
Proceeds from mortgage note payable and other loans 0 47,000
Repayment of mortgage note payable and other loans 0 (23,925)
Repayment of revolving credit line borrowings 0 (41,500)
Proceeds from revolving credit line borrowings 35,000 25,500
Acquisitions of noncontrolling interests (758) (1,723)
Distributions to noncontrolling interests (3,001) (3,295)
Payment of taxes on shares withheld for employee taxes (573) (270)
Redemption of preferred stock (75,000) 0
Net proceeds from the issuance of Common and Class A Common Stock 136 146
Net Cash Flow (Used in) Financing Activities (84,479) (43,956)
Net Increase/(Decrease) In Cash and Cash Equivalents (51,808) (1,685)
Cash and Cash Equivalents at Beginning of Period 94,079 10,285
Cash and Cash Equivalents at End of Period 42,271 8,600
Supplemental Cash Flow Disclosures:    
Interest Paid $ 9,988 $ 10,501