Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $) | 3 Months Ended |
In Thousands, unless otherwise specified | Mar. 31, 2015 | Mar. 31, 2014 |
Cash flows from operating activities: | | |
Net income | $6,942 | $5,434 |
Adjustments to reconcile net income to net cash provided by operating activities: | | |
Depreciation, amortization and other | 35,788 | 34,111 |
Share-based compensation expense | 1,914 | 1,388 |
Bad debt expense | 146 | 99 |
Change in fair value of derivative financial instruments | 2,010 | 841 |
Changes in operating assets and liabilities: | | |
Receivables and other assets, net | -723 | -1,739 |
Accounts payable and accrued liabilities | -13,172 | -4,168 |
Security deposits, prepaid rent and other liabilities | 4,290 | -2,517 |
Net cash provided by operating activities | 37,195 | 33,449 |
Cash flows from investing activities: | | |
Acquisition of real estate operating properties | -35,300 | 0 |
Capital expenditures | -6,524 | -5,570 |
Restricted cash, escrow deposits and other assets | -321 | -396 |
Net cash used in investing activities | -42,145 | -5,966 |
Cash flows from financing activities: | | |
Borrowings on unsecured revolving credit facility | 82,000 | 30,000 |
Payments on unsecured revolving credit facility | -81,000 | -10,000 |
Borrowings on unsecured term loans | 65,000 | 0 |
Payments on secured real estate term loan and mortgage loans | -19,960 | -1,901 |
Deferred financing costs | -31 | -1,077 |
Security deposits | -17 | 247 |
Repurchase and cancellation of common stock | -1,292 | -572 |
Dividends | -36,275 | -34,052 |
Payment on earnout liability | 0 | -375 |
Distributions to noncontrolling interest of limited partners | -371 | -475 |
Net cash provided by (used in) financing activities | 8,054 | -18,205 |
Net change in cash and cash equivalents | 3,104 | 9,278 |
Cash and cash equivalents - beginning of period | 10,413 | 18,081 |
Cash and cash equivalents - end of period | 13,517 | 27,359 |
Healthcare Trust of America Holdings, LP (HTALP) | | |
Cash flows from operating activities: | | |
Net income | 6,942 | 5,434 |
Adjustments to reconcile net income to net cash provided by operating activities: | | |
Depreciation, amortization and other | 35,788 | 34,111 |
Share-based compensation expense | 1,914 | 1,388 |
Bad debt expense | 146 | 99 |
Change in fair value of derivative financial instruments | 2,010 | 841 |
Changes in operating assets and liabilities: | | |
Receivables and other assets, net | -723 | -1,739 |
Accounts payable and accrued liabilities | -13,172 | -4,168 |
Security deposits, prepaid rent and other liabilities | 4,290 | -2,517 |
Net cash provided by operating activities | 37,195 | 33,449 |
Cash flows from investing activities: | | |
Acquisition of real estate operating properties | -35,300 | 0 |
Capital expenditures | -6,524 | -5,570 |
Restricted cash, escrow deposits and other assets | -321 | -396 |
Net cash used in investing activities | -42,145 | -5,966 |
Cash flows from financing activities: | | |
Borrowings on unsecured revolving credit facility | 82,000 | 30,000 |
Payments on unsecured revolving credit facility | -81,000 | -10,000 |
Borrowings on unsecured term loans | 65,000 | 0 |
Payments on secured real estate term loan and mortgage loans | -19,960 | -1,901 |
Deferred financing costs | -31 | -1,077 |
Security deposits | -17 | 247 |
Repurchase and cancellation of general partner units | -1,292 | -572 |
Distributions to general partner | -36,275 | -34,052 |
Payment on earnout liability | 0 | -375 |
Distributions to limited partners and redeemable noncontrolling interests | -371 | -475 |
Net cash provided by (used in) financing activities | 8,054 | -18,205 |
Net change in cash and cash equivalents | 3,104 | 9,278 |
Cash and cash equivalents - beginning of period | 10,413 | 18,081 |
Cash and cash equivalents - end of period | $13,517 | $27,359 |