SILA · As filed with the SEC
Sila Realty Trust cash flow statement, by fiscal year
The statement as Sila Realty Trust 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 | FY2025 Year ended Dec 31, 2025 | 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 |
|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||
| Net income (loss) attributable to common stockholders | — | — | 24,042 | (7,978) | 402,660 | 36,776 | 2,782 | 28,873 |
| Net income attributable to common stockholders | 33,120 | 42,657 | — | — | — | — | — | — |
| Adjustments to reconcile net income attributable to common stockholders to net cash provided by operating activities: | ||||||||
| Depreciation and amortization | — | — | — | — | — | — | 74,104 | 58,258 |
| Depreciation and amortization | 76,946 | 74,754 | 74,293 | 77,199 | 81,999 | 105,476 | — | — |
| Amortization of deferred financing costs | 2,823 | 2,185 | 1,665 | 1,679 | 3,425 | 3,884 | 2,825 | 2,810 |
| Amortization of above-market leases | — | — | — | — | — | — | 1,013 | 552 |
| Amortization of above-market leases | — | — | — | — | 1,934 | 2,467 | — | — |
| Amortization of below-market leases | — | — | — | — | (3,032) | (7,147) | (5,261) | (4,832) |
| Reduction in the carrying amount of right-of-use assets - operating leases, net | — | — | — | — | — | — | 577 | — |
| Gain on real estate disposition | — | — | — | — | — | — | (79) | — |
| Amortization of origination fee | — | — | — | — | 394 | 166 | — | — |
| Amortization of discount of deferred liability | — | — | — | — | 272 | 54 | — | — |
| Loss on swap termination | — | — | — | — | 1,762 | — | — | — |
| Reduction in the carrying amount of right-of-use assets - operating leases, net | — | — | — | — | 841 | 963 | — | — |
| Reduction in the carrying amount of right-of-use assets - finance lease, net | — | — | — | — | 19 | 7 | — | — |
| Impairment loss on real estate | — | — | — | — | 27,166 | 0 | 21,000 | — |
| Impairment loss on goodwill | — | — | — | — | 671 | — | — | — |
| Amortization of above- and below-market leases, net | (529) | 1,173 | 733 | 484 | — | — | — | — |
| Amortization of fees on real estate related notes receivable | (94) | — | — | — | — | — | — | — |
| Other amortization expenses | 733 | 735 | 794 | 2,302 | — | — | — | — |
| Increase in current expected credit loss reserve | 180 | — | — | — | — | — | — | — |
| Gain on dispositions of real estate | 0 | (341) | (22) | (460) | (89) | (3,142) | — | — |
| Gain on real estate dispositions of discontinued operations | — | — | 0 | 0 | (395,801) | — | — | — |
| Loss on extinguishment of debt | 233 | 228 | 0 | 3,367 | 28,751 | — | — | — |
| Impairment losses | — | — | 24,252 | 47,424 | — | — | — | — |
| Impairment and disposition losses | 9,951 | 1,210 | — | — | — | — | — | — |
| Straight-line rent adjustments, net of write-offs | (9,301) | (5,555) | (2,197) | (7,261) | (15,503) | (21,161) | (14,207) | (13,364) |
| Stock-based compensation | 4,815 | 5,850 | 6,284 | 4,180 | 2,379 | 437 | 89 | 90 |
| Ineffectiveness of interest rate swaps | — | — | — | — | — | 0 | 0 | 98 |
| Changes in operating assets and liabilities: | ||||||||
| Accounts payable and other liabilities | 1,398 | 11,629 | 26 | (170) | (4,683) | (607) | 2,214 | 5,151 |
| Accounts payable due to affiliates | — | — | — | — | 0 | (3,350) | 1,151 | 413 |
| Other assets | (1,130) | (1,678) | (946) | 909 | 3,777 | (1,985) | (6,099) | (3,838) |
| Net cash provided by operating activities | 119,145 | 132,847 | 128,924 | 121,675 | 136,942 | 112,838 | 80,109 | 74,211 |
| Cash flows from investing activities: | ||||||||
| Investment in real estate | — | — | — | — | — | — | (528,259) | (217,332) |
| Investments in real estate | (148,874) | (164,053) | (69,822) | (157,194) | (71,462) | (16,135) | — | — |
| Consideration paid for the internalization transaction | — | — | 0 | 0 | (15,000) | (25,000) | — | — |
| Net proceeds from real estate dispositions | 0 | 17,705 | 270,306 | 22,822 | 1,308,009 | 28,542 | 2,882 | — |
| Capital expenditures | — | — | — | — | — | — | (12,841) | (15,583) |
| Capital expenditures and other costs | (8,281) | (2,989) | (3,177) | (8,440) | (25,285) | (28,797) | — | — |
| Payments of deal costs | — | — | — | — | (120) | (126) | — | — |
| Net payments of deposits for investments in real estate | (150) | (350) | — | 0 | 0 | 100 | (100) | 100 |
| Collection of notes receivable | — | — | — | 0 | 30,700 | — | — | — |
| Fundings of real estate related notes receivable | (17,543) | — | — | — | — | — | — | — |
| Fees received on real estate related notes receivable | 351 | — | — | — | — | — | — | — |
| Net cash (used in) provided by investing activities | (174,497) | (149,687) | 197,307 | (142,812) | 1,226,842 | (41,416) | (538,318) | (232,815) |
| Cash flows from financing activities: | ||||||||
| Proceeds from issuance of common stock | — | — | — | — | — | 0 | 0 | 118,605 |
| Proceeds from notes payable | — | — | — | — | — | — | 0 | 0 |
| Payments on notes payable | — | — | 0 | 0 | (453,422) | (3,923) | (10,441) | (349) |
| Proceeds from credit facility | 164,000 | 270,000 | 50,000 | 845,000 | 15,000 | 140,000 | 605,000 | 155,000 |
| Payments on credit facility | (13,000) | (270,000) | (108,000) | (762,000) | (453,000) | (110,000) | (52,000) | (20,000) |
| Payments for extinguishment of debt | — | 0 | 0 | (4) | (29,244) | — | — | — |
| Payments of deferred financing costs | (5,783) | (2,578) | (193) | (6,937) | (444) | (715) | (6,351) | (4,958) |
| Repurchases of common stock | (8,634) | — | (12,374) | (9,217) | (9,528) | (29,487) | (23,655) | (43,230) |
| Repurchase Of Common Stock, Excluding Tender Offer | — | (9,402) | — | — | — | — | — | — |
| Dutch Auction Tender Offer | — | (52,093) | — | — | — | — | — | — |
| Offering costs on issuance of common stock | 0 | (61) | (47) | (192) | (2,326) | (3,099) | (4,146) | (12,388) |
| Distributions to common stockholders | — | — | — | — | (465,849) | (76,517) | (49,494) | (40,296) |
| Distributions to noncontrolling interests | — | — | — | — | 0 | 0 | (1) | — |
| Distributions to common stockholders | (88,787) | (81,367) | (66,515) | (65,310) | — | — | — | — |
| Purchase of noncontrolling interests | — | — | — | 0 | 0 | (2) | — | — |
| Net cash provided by (used in) financing activities | 47,796 | (145,501) | (137,129) | 1,340 | (1,398,813) | (83,743) | 458,912 | 152,384 |
| Net change in cash, cash equivalents and restricted cash | (7,556) | (162,341) | 189,102 | (19,797) | (35,029) | (12,321) | 703 | (6,220) |
| Cash, cash equivalents and restricted cash - Beginning of year | 39,844 | 202,185 | 13,083 | 32,880 | 67,909 | 80,230 | 79,527 | 85,747 |
| Cash, cash equivalents and restricted cash - End of year | 32,288 | 39,844 | 202,185 | 13,083 | 32,880 | 67,909 | 80,230 | 79,527 |
| Supplemental cash flow disclosure: | ||||||||
| Interest paid, net of interest capitalized of $8, $0 and $0, respectively | 29,158 | 18,335 | 21,671 | 17,361 | 38,558 | 55,129 | 43,132 | 32,503 |
| Supplemental disclosure of non-cash transactions: | ||||||||
| Common stock issued through distribution reinvestment plan | 0 | 9,979 | 24,751 | 24,834 | 27,584 | 30,553 | 39,934 | 40,938 |
| Change in accrued capital expenditures | — | — | — | — | (1,444) | — | — | — |
| Change in accrued acquisition costs | — | — | — | — | 10 | — | — | — |
| Change in accrued deal costs | — | — | — | — | 213 | 0 | 139 | — |
| Deferred internalization transaction purchase price | — | — | — | — | — | 14,674 | — | — |
| Change in accrued deferred financing costs | — | — | — | — | 19 | — | — | — |
| Change in accrued distributions to common stockholders | — | (8,378) | 630 | 543 | — | — | — | — |
| Change in accounts payable and other liabilities related to capital expenditures and investments in real estate | — | — | (1,332) | (3,705) | — | — | — | — |
| Change in accrued distributions related to common stock and performance-based deferred stock unit awards | 31 | — | — | — | — | — | — | — |
| Change in accrued capital expenditures and other costs | 3,830 | 507 | — | — | — | — | — | — |
| Change in accrued acquisition costs related to investments in real estate | 3 | — | — | — | — | — | — | — |
| Right-of-use assets obtained in exchange for new operating lease liabilities | 0 | 814 | 0 | 15,305 | 625 | 1,060 | — | — |
| Origination of note receivable related to real estate disposition | — | — | — | 0 | — | — | — | — |
| Deferred internalization transaction purchase price | — | — | — | 0 | 0 | — | — | — |
| Right-of-use assets obtained in exchange for new finance lease liabilities | 74 | — | — | — | 0 | 2,854 | — | — |
| Origination of note receivable related to real estate disposition | — | — | — | — | 0 | 28,000 | — | — |
| Issuance of common stock in connection with the REIT Merger | — | — | — | — | 0 | 0 | 774,010 | — |
| Net assets assumed in the REIT Merger | — | — | — | — | 0 | 0 | 778 | — |
| Issuance of noncontrolling interests | — | — | — | — | 0 | 0 | 1 | — |
| Distribution and servicing fees accrued during the period | — | — | — | — | — | — | 0 | 0 |
| Liabilities assumed at acquisition | — | — | — | — | — | — | 0 | 0 |
| Credit facility revolving loan to term loan conversion | — | — | — | — | 0 | 0 | 30,000 | — |
| Accrued capital expenditures | — | — | — | — | — | 2,875 | 126 | 0 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.