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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash Flow From Operating Activities:    
Net Income $ 3,835 $ 17,260
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:    
Depreciation and Amortization 12,758 11,366
Amortization of Intangible Lease Assets and Liabilities to Lease Income (189) (170)
Amortization of Deferred Financing Costs to Interest Expense 351 257
Gain on Disposition of Assets (5,196) (15,637)
Non-Cash Compensation 159 157
Decrease (Increase) in Assets:    
Straight-Line Rent Adjustment (274) (528)
COVID-19 Rent Repayments   45
Other Assets (221) 278
Increase (Decrease) in Liabilities:    
Accounts Payable, Accrued Expenses, and Other Liabilities 2,156 595
Prepaid Rent and Deferred Revenue 297 (371)
Net Cash Provided By Operating Activities 13,676 13,252
Cash Flow From Investing Activities:    
Acquisition of Real Estate, Including Capitalized Expenditures (61,672) (110,062)
Proceeds from Disposition of Assets 77,775 71,446
Net Cash Provided By (Used In) Investing Activities 16,103 (38,616)
Cash Flow from Financing Activities:    
Proceeds from Long-Term Debt 1,250 162,500
Payments on Long-Term Debt (19,500) (129,000)
Cash Paid for Loan Fees (30) (434)
Repurchase of Common Stock (365)  
Proceeds From Stock Issuance, Net 12,343 7,647
Dividends Paid (8,666) (7,288)
Net Cash Provided By (Used In) Financing Activities (14,968) 33,425
Net Increase in Cash and Cash Equivalents 14,811 8,061
Cash and Cash Equivalents and Restricted Cash, Beginning of Period 13,044 9,497
Cash and Cash Equivalents and Restricted Cash, End of Period 27,855 17,558
Supplemental Disclosure of Cash Flow Information:    
Cash Paid for Interest 4,681 3,352
Supplemental Disclosure of Non-Cash Investing and Financing Activities:    
Unrealized Gain on Cash Flow Hedge $ 1,613 $ 9,077
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