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INTERIM CONSOLIDATED FINANCIAL STATEMENTS STATEMENTS OF CASH FLOW - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flow from operating activities:    
Net income $ 5,568 $ 6,859
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 33,229 23,309
Amortization of deferred loan costs 872 813
Amortization of senior notes discount 68 64
Equity-based compensation expense 3,082 2,050
Bad debt expense 314 527
Deferred tax benefit (1,581) (2,605)
Changes in operating assets and liabilities    
Rents and other receivables, net (1,084) (3,173)
Prepaid expenses (3,253) (4,056)
Other assets (800) (129)
Accounts payable and accrued liabilities (11,815) (12,089)
Advance rents, security deposits and other liabilities 4,144 1,510
Deferred income 1,791 (406)
Net cash provided by operating activities 30,535 12,674
Cash flow from investing activities:    
Additions to property and equipment (66,119) (78,053)
Net cash used in investing activities (66,119) (78,053)
Cash flow from financing activities:    
Credit facility proceeds 67,000 86,000
Debt proceeds 1,920  
Payment of deferred financing costs (4)  
Payment of cash dividends (17,222) (13,193)
Distribution to noncontrolling interests (2,442) (2,186)
Proceeds from exercise of stock options 42 100
Payments Related to Tax Withholding for Share-based Compensation 1,770 795
Payment of minimum tax withholdings related to equity based awards 1,770 795
Principal payments on capital lease obligations (3,249) (3,228)
Mortgage principal debt repayments (14)  
Equity issuance costs   (379)
Net cash provided by financing activities 44,261 66,319
Net increase in cash and cash equivalents 8,677 940
Cash and cash equivalents, beginning of period 9,580 8,804
Cash and cash equivalents, end of period 18,257 9,744
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Cash paid for interest (excluding deferred financing costs and amounts capitalized) 9,368 9,304
Noncash investing and financing activities:    
Accrued capital additions 39,673 37,571
Accrued equity issuance costs   7
Acquisitions, net of cash acquired:    
Acquired intangibles (3) 14,700
Prepaid expenses   86
Construction in progress 3  
Goodwill   (10,060)
Accounts payable and accrued liabilities   5
Deferred income   (149)
Deferred income taxes   4,870
Qualitytech, LP [Member]    
Cash flow from operating activities:    
Net income 5,568 6,859
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 33,229 23,309
Amortization of deferred loan costs 872 813
Amortization of senior notes discount 68 64
Equity-based compensation expense 3,082 2,050
Bad debt expense 314 527
Deferred tax benefit (1,581) (2,605)
Changes in operating assets and liabilities    
Rents and other receivables, net (1,084) (3,173)
Prepaid expenses (3,253) (4,056)
Other assets (800) (129)
Accounts payable and accrued liabilities (11,815) (12,089)
Advance rents, security deposits and other liabilities 4,144 1,510
Deferred income 1,791 (406)
Net cash provided by operating activities 30,535 12,674
Cash flow from investing activities:    
Additions to property and equipment (66,119) (78,053)
Net cash used in investing activities (66,119) (78,053)
Cash flow from financing activities:    
Credit facility proceeds 67,000 86,000
Debt proceeds 1,920  
Payment of deferred financing costs (4)  
Payment of cash dividends (17,222) (13,193)
Proceeds from exercise of stock options 42 100
Payments Related to Tax Withholding for Share-based Compensation 1,770 795
Payment of minimum tax withholdings related to equity based awards 1,770 795
Partnership distributions (2,442) (2,186)
Principal payments on capital lease obligations (3,249) (3,228)
Mortgage principal debt repayments (14)  
Equity issuance costs   (379)
Net cash provided by financing activities 44,261 66,319
Net increase in cash and cash equivalents 8,677 940
Cash and cash equivalents, beginning of period 9,580 8,804
Cash and cash equivalents, end of period 18,257 9,744
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Cash paid for interest (excluding deferred financing costs and amounts capitalized) 9,368 9,304
Noncash investing and financing activities:    
Accrued capital additions 39,673 37,571
Accrued equity issuance costs   7
Acquisitions, net of cash acquired:    
Acquired intangibles (3) 14,700
Prepaid expenses   86
Construction in progress $ 3  
Goodwill   (10,060)
Accounts payable and accrued liabilities   5
Deferred income   (149)
Deferred income taxes   $ 4,870