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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net earnings $ 62,731,000 $ 44,828,000
Adjustments to reconcile net earnings to net cash flow provided by operating activities:    
Depreciation and amortization expense 29,514,000 25,980,000
Impairment charges 2,227,000 2,730,000
Gain on dispositions of real estate (7,646,000) (9,550,000)
Deferred rent receivable (2,445,000) (2,158,000)
Amortization of above-market and below-market leases 13,000 (69,000)
Amortization of investment in direct financing leases 3,964,000 3,576,000
Amortization of debt issuance costs 706,000 778,000
Accretion expense 1,037,000 1,270,000
Stock-based compensation 3,543,000 2,974,000
Changes in assets and liabilities:    
Accounts receivable (876,000) (700,000)
Prepaid expenses and other assets (1,148,000) (700,000)
Environmental remediation obligations (21,086,000) (4,549,000)
Accounts payable and accrued liabilities (2,663,000) (5,722,000)
Net cash flow provided by operating activities 67,871,000 58,688,000
CASH FLOWS FROM INVESTING ACTIVITIES:    
Property acquisitions (63,288,000) (126,645,000)
Capital expenditures   (271,000)
Addition to construction in progress (49,000) (188,000)
Proceeds from dispositions of real estate 11,610,000 11,059,000
Deposits for property acquisitions   3,298,000
Issuance of notes and mortgages receivable (10,357,000) (12,275,000)
Collection of notes and mortgages receivable 1,165,000 5,359,000
Net cash flow used in investing activities (60,919,000) (119,663,000)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings under credit agreement 20,000,000 70,000,000
Repayments under credit agreement (80,000,000) (52,500,000)
Proceeds from senior unsecured notes 100,000,000  
Payment of debt issuance costs (587,000)  
Payment of finance lease obligations (355,000) (507,000)
Security deposits refunded (50,000) 440,000
Payments of cash dividends (58,660,000) (52,748,000)
Payments in settlement of restricted stock units (496,000) (728,000)
Net cash flow provided by (used in) financing activities (20,295,000) 12,965,000
Change in cash, cash equivalents and restricted cash (13,343,000) (48,010,000)
Cash, cash equivalents and restricted cash at beginning of period 26,461,000 57,054,000
Cash, cash equivalents and restricted cash at end of period 13,118,000 9,044,000
Supplemental disclosures of cash flow information Cash paid during the period for:    
Interest 19,536,000 17,729,000
Income taxes 653,000 399,000
Environmental remediation obligations 3,159,000 3,299,000
Non-cash transactions:    
Dividends declared but not yet paid 19,619,000 18,043,000
Issuance of notes and mortgages receivable related to property dispositions 1,050,000  
ATM Program [Member]    
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of common stock, net $ (147,000) $ 49,008,000