CHTH · As filed with the SEC
CNL Healthcare Properties cash flow statement, by fiscal year
The statement as CNL Healthcare Properties presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
CONSOLIDATED STATEMENTS OF CASH FLOWS · USD thousands
| USD thousands | FY2024 Year ended Dec 31, 2024 | FY2023 Year ended Dec 31, 2023 | FY2022 Year ended Dec 31, 2022 | FY2021 Year ended Dec 31, 2021 | FY2020 Year ended Dec 31, 2020 | FY2019 Year ended Dec 31, 2019 | FY2018 Year ended Dec 31, 2018 | FY2017 Year ended Dec 31, 2017 |
|---|---|---|---|---|---|---|---|---|
| Operating activities: | ||||||||
| Net loss | (14,418) | (25,664) | (412) | (22,866) | 4,011 | 351,796 | (25,151) | (26,312) |
| Net loss from discontinued operations | — | 0 | 0 | (10) | 954 | 353,337 | (4,409) | — |
| Net loss from continuing operations | — | (25,664) | (412) | (22,856) | 3,057 | (1,541) | (20,742) | — |
| Adjustments to reconcile net loss to net cash provided by operating activities: | ||||||||
| Depreciation and amortization | 50,689 | 51,234 | 54,242 | 50,417 | 51,817 | 49,823 | 54,130 | 107,944 |
| Amortization of loan costs | 5,221 | 2,440 | 2,769 | 2,193 | 2,041 | 2,509 | 2,284 | 4,727 |
| Amortization of above and below market intangibles | — | — | — | — | — | (42,000) | (41,000) | 620,000 |
| Amortization of premium for debt investments | 0 | (17) | (42) | (42) | (42) | — | — | — |
| Amortization of discounts | 0 | (760) | (151) | — | — | — | — | — |
| Straight-line rent adjustments | 1,701 | 1,737 | 1,209 | 1,231 | 1,697 | 733 | (2,219) | (979) |
| Deferred income tax expense | — | 0 | 0 | 3,632 | 553 | 1,682 | 3,267 | (9,131) |
| Loss on extinguishment of debt | 0 | 131 | 28 | 43 | 35 | 804 | 96 | 239 |
| Write-off of deferred rent and lease related costs | — | — | — | — | 2,468,000 | — | — | — |
| Impairment provision | — | 0 | 0 | 9,790 | — | — | 7,922 | — |
| Write-off of deferred rent and lease related costs | — | — | 0 | 0 | — | — | — | — |
| Gain on sale of real estate | 0 | 0 | (6,282) | 0 | (1,074) | (432) | (1,049) | — |
| Gain on change of control of a joint venture | 0 | 0 | (8,376) | — | — | — | — | — |
| Other non-cash operating activities | 1,043 | 4,140 | 984 | 1,304 | 1,212 | 2,189 | 725 | 87 |
| Changes in operating assets and liabilities: | ||||||||
| Other assets | (3,411) | (1,933) | (640) | (1,326) | 1,299 | (6,788) | (1,392) | (1,660) |
| Deferred rent and lease incentives | — | 0 | 0 | (250) | — | — | (12) | (7,646) |
| Accounts payable and accrued liabilities | (2,449) | 1,143 | 76 | 4,718 | 505 | 2,484 | (3,992) | 7,715 |
| Other liabilities | 1,879 | (392) | 450 | (2,108) | (1,003) | (350) | 399 | (834) |
| Due to related parties | 35 | (105) | (9) | (374) | (495) | (977) | (688) | 476 |
| Net cash flows provided by operating activities – continuing operations | — | 31,954 | 43,846 | 46,372 | 62,070 | 50,094 | 38,688 | 75,246 |
| Straight-line rent adjustments | — | — | — | — | — | (1,242,000) | — | — |
| Loss on extinguishment of debt | — | — | — | — | — | 2,547,000 | — | — |
| Write-off of deferred rent and lease related intangibles | — | — | — | — | 103,000 | — | — | — |
| Straight-line rent adjustments | — | — | — | 0 | — | — | — | — |
| Loss on extinguishment of debt | — | — | — | 0 | — | — | — | — |
| Write-off of deferred rent and lease related costs | — | — | — | 0 | — | — | — | — |
| Gain on sale of real estate | — | — | — | 0 | — | (336,074,000) | — | — |
| Accounts payable and accrued liabilities | — | — | — | — | 3,000 | (6,551,000) | — | — |
| Other liabilities | — | — | — | — | 1,000 | (3,811,000) | — | — |
| Other assets | — | — | — | 14,000 | — | — | — | — |
| Accounts payable and accrued liabilities | — | — | — | (8,000) | — | — | — | — |
| Other liabilities | — | — | — | (3,000) | — | — | — | — |
| Other operating activities | — | — | — | (3,000) | (12,000) | 1,650,000 | — | — |
| Net cash flows used in operating activities – discontinued operations | — | 0 | 0 | (10) | 1,049 | 9,856 | 28,572 | — |
| Net cash flows provided by operating activities | 40,290 | 31,954 | 43,846 | 46,362 | 63,119 | 59,950 | 67,260 | — |
| Investing activities: | ||||||||
| Acquisition of properties | — | — | — | — | — | — | — | (1,056,000) |
| Development of properties | — | — | — | — | — | — | (1,658,000) | (47,887,000) |
| Acquisition of joint venture interest, net of cash acquired | — | — | (1,134) | — | — | — | — | — |
| Acquisition of joint venture interest, net of cash acquired | 0 | 0 | — | — | — | — | — | — |
| Net proceeds from sale of real estate | 0 | 0 | 36,655 | 0 | 53,712 | 5,989 | 5,761 | — |
| Capital expenditures | — | — | — | — | — | — | (9,789,000) | (13,643,000) |
| Capital expenditures | — | — | — | — | (12,231,000) | (6,336,000) | — | — |
| Capital expenditures | (16,142) | (15,868) | (17,789) | (14,186) | — | — | — | — |
| Purchase of held-to-maturity securities | 0 | (4,880) | (24,209) | — | — | — | — | — |
| Proceeds from maturity of short-term securities | 0 | 30,000 | — | — | — | — | — | — |
| Other investing activities | 0 | 0 | 291 | 35 | 41 | 1,676 | 173 | (1,959) |
| Net cash provided by (used in) investing activities – continuing operations | — | 9,252 | (6,186) | (14,151) | 41,522 | 1,329 | (5,513) | (64,545) |
| Proceeds from sale of real estate | — | — | — | — | 28,398,000 | 1,354,461,000 | — | — |
| Capital expenditures | — | — | — | — | — | (1,539,000) | — | — |
| Other investing activities | — | — | — | — | — | (723,000) | — | — |
| Net proceeds from sale of real estate | — | 0 | 0 | 7,402 | — | — | — | — |
| Capital expenditures | — | — | — | 0 | — | — | — | — |
| Other investing activities | — | — | — | 0 | — | — | — | — |
| Net cash provided by investing activities – discontinued operations | — | 0 | 0 | 7,402 | 28,398 | 1,352,199 | (8,869) | — |
| Net cash (used in) provided by investing activities | (16,142) | 9,252 | (6,186) | (6,749) | 69,920 | 1,353,528 | (14,382) | — |
| Financing activities: | ||||||||
| Distributions to stockholders | (17,812) | (17,813) | (17,814) | (35,627) | (35,627) | (394,892) | (59,051) | (34,512) |
| Redemptions of common stock | — | — | — | 0 | — | (23,000) | (40,153,000) | (46,019,000) |
| Distribution to holder of promoted interest | — | — | — | — | — | — | (955,000) | (2,000,000) |
| Draws under credit facilities | 16,000 | 190,770 | 45,000 | 238,000 | 40,000 | 95,000 | 102,000 | 52,000 |
| Proceeds from mortgage and other notes payable | — | — | — | 0 | — | 21,452,000 | 65,878,000 | 166,306,000 |
| Repayments on credit facilities | (10,000) | (190,770) | 0 | 0 | (80,000) | (464,125) | (59,875) | (64,863) |
| Principal payments on mortgages and other notes payable | (20,968) | (25,284) | (46,294) | (247,753) | (39,737) | (680,864) | (67,979) | (71,543) |
| Contingent purchase price consideration payments | — | — | — | — | — | — | — | (3,645,000) |
| Purchase of interest rate caps | (100) | (3,285) | — | — | — | — | — | — |
| Payment of loan costs | (15) | (12,449) | (328) | (2,404) | (122) | (6,413) | (1,590) | (2,988) |
| Purchase of noncontrolling interests | (1,528) | — | — | — | — | — | — | — |
| Distributions to noncontrolling interests | 0 | (100) | (2,215) | — | — | — | — | — |
| Other financing activities | 0 | 39 | (116) | (159) | (79) | (577) | (343) | 16 |
| Net cash flows provided by (used in) financing activities | — | — | — | — | — | — | — | (7,248,000) |
| Net increase (decrease) in cash and restricted cash | — | — | — | — | — | — | — | 3,453,000 |
| Cash and restricted cash at beginning of period | — | — | — | — | — | — | 74,691,000 | 71,238,000 |
| Cash and restricted cash at end of period | — | — | — | — | — | — | — | 74,691,000 |
| Net cash flows used in financing activities | (34,423) | (58,892) | (21,767) | (47,943) | (115,565) | (1,430,442) | (62,068) | — |
| Net (decrease) increase in cash and restricted cash | (10,275) | (17,686) | 15,893 | (8,330) | 17,474 | (16,964) | (9,190) | — |
| Cash and restricted cash at beginning of period | 55,888 | 73,574 | 57,681 | 66,011 | 48,537 | 65,501 | 74,691 | — |
| Cash and restricted cash at end of period | 45,613 | 55,888 | 73,574 | 57,681 | 66,011 | 48,537 | 65,501 | — |
| Supplemental disclosure of cash flow information: | ||||||||
| Cash paid for interest, net | 41,209 | 34,900 | 17,020 | 17,615 | 23,181 | 38,961 | 38,734 | 60,306 |
| Cash paid for income taxes | — | — | — | — | — | 628,000 | 796,000 | 1,186,000 |
| Accrued development costs | — | — | — | — | — | 291,000 | 291,000 | 450,000 |
| Cash paid for taxes, net | 823 | 687 | 801 | 690 | 737 | — | — | — |
| Distribution to holder of promoted interest | — | — | — | — | — | — | 406,000 | 955,000 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.