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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash Flow From Operating Activities:    
Net Income $ 3,745 $ 924
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:    
Depreciation and Amortization 6,335 5,672
Amortization of Intangible Lease Assets and Liabilities to Lease Income (87) (101)
Amortization of Deferred Financing Costs to Interest Expense 174 125
Gain on Disposition of Assets (4,453)  
Non-Cash Compensation 80 79
Decrease (Increase) in Assets:    
Straight-Line Rent Adjustment (165) (294)
COVID-19 Rent Repayments   23
Other Assets (953) 243
Increase (Decrease) in Liabilities:    
Accounts Payable, Accrued Expenses, and Other Liabilities 673 (40)
Prepaid Rent and Deferred Revenue 28 (509)
Net Cash Provided By Operating Activities 5,377 6,122
Cash Flow From Investing Activities:    
Acquisition of Real Estate, Including Capitalized Expenditures (102) (66,089)
Proceeds from Disposition of Assets 55,452  
Net Cash Provided By (Used In) Investing Activities 55,350 (66,089)
Cash Flow from Financing Activities:    
Proceeds from Long-Term Debt 1,250 62,000
Payments on Long-Term Debt (19,500) (11,000)
Cash Paid for Loan Fees (14) (23)
Proceeds From Stock Issuance, Net 12,388 6,054
Dividends Paid (4,336) (3,626)
Net Cash Provided By (Used In) Financing Activities (10,212) 53,405
Net Increase (Decrease) in Cash and Cash Equivalents 50,515 (6,562)
Cash and Cash Equivalents and Restricted Cash, Beginning of Period 13,044 9,497
Cash and Cash Equivalents and Restricted Cash, End of Period 63,559 2,935
Supplemental Disclosure of Cash Flow Information:    
Cash Paid for Interest 2,544 1,512
Supplemental Disclosure of Non-Cash Investing and Financing Activities:    
Unrealized Gain (Loss) on Cash Flow Hedge $ (2,766) $ 6,832
Derivative, Gain (Loss), Statement of Income or Comprehensive Income Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax, Parent Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax, Parent
Right-of-Use Assets and Operating Lease Liability   $ 1,831