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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities:    
Net income $ 9,272 $ 8,730
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 21,657 20,126
Gain from sale of Real Estate Investments (3,842)
Amortization of bond issuance costs 395 812
Amortization of deferred financing costs 317 227
Decrease (increase) in other assets 243 (127)
Amortization of right of use asset 221 212
Foreign currency transaction loss 10,932 8,775
Foreign currency translation adjustments 1,624 (739)
Increase in straight-line rent receivables (1,063) (1,724)
Decrease in accounts payable and accrued liabilities and other liabilities (5,956) (994)
Repayment of operating lease liability (221) (212)
Net cash provided by operating activities 37,421 31,244
Cash flow from investing activities:    
Purchase of Real estate investments (63,990)
Proceeds from the sale of Real estate investments 129
Increase in notes receivable (9,000)
Principal payments of notes receivable 531 511
Net cash used in investing activities (8,469) (63,350)
Cash flows from financing activities:    
Proceeds from notes payable and other debt 105,000
Debt financing costs (1,412)
Proceeds from issuance of bonds, net of issuance costs 63,000
Repayment of bonds (106,012) (22,518)
Proceeds from the sale of bonds 1,700
Repayment of senior debt (30,503) (15,070)
Noncontrolling interest distributions (10,923)
Payment of Preferred dividends (1,516)
Net cash (used in) provided by financing activities (43,850) 25,596
Decrease in cash and cash equivalents and restricted cash and equivalents (14,898) (6,510)
Cash and cash equivalents and restricted cash and equivalents at the beginning of the period 52,128 42,059
Cash and cash equivalents and restricted cash and equivalents at the end of the period 37,230 35,549
Supplemental Disclosure of Cash Flow Information:    
Cash paid during the period for interest 17,089 16,925
Supplemental schedule of noncash investing activities:    
Foreign currency translation adjustments 25,699 9,034
Note receivable in connection with real estate investment sale 9,027
Buyer assumption of senior debt in connection with real estate investment sale 16,945
OP units issued in connection with purchase of real estate investments $ 16,997