← AH Realty Trust, Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income From Continuing Operations — — — — — — $100.0m ($3.5m) $27.9m ($1.2m)
Net Income (Loss) Attributable to Parent $28.1m $21.0m $17.2m $24.1m $29.2m $21.9m $74.7m $8.3m $35.6m $5.6m
Net Income (Loss) Available to Common Stockholders, Basic $42.8m $29.9m $23.5m $21.6m $21.8m $10.3m $63.2m ($3.3m) $24.1m ($5.9m)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $42.8m $29.9m $23.5m $32.3m $37.0m $25.5m $100.0m $7.7m $42.5m $3.9m
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — — — — — — — ($3.5m) $27.9m ($1.2m)
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — — — — — — — ($11.2m) ($14.6m) $5.1m
Net Income (Loss) Attributable to Noncontrolling Interest $14.7m $8.9m $6.3m — — — — — — ($1.7m)
Depreciation and amortization $35.3m $37.3m $39.9m $54.6m $60.0m $68.9m $73.0m $96.1m $91.0m $91.5m
Depreciation $23.5m $26.0m $30.4m $37.8m $43.7m $51.5m $54.5m $63.5m $68.3m $72.5m
Amortization of Debt Issuance Costs and Discounts $980k $1.3m $1.1m $1.3m $2.2m $2.9m $6.8m $7.1m $3.7m $5.6m
Depreciation Amortization Depletion — — — — — — $54.5m $63.4m $68.1m $72.5m
Share-based Payment Arrangement, Noncash Expense $1.1m $1.3m $1.3m $1.6m $2.4m $2.2m $3.3m $3.7m $5.1m $6.8m
Payment, Tax Withholding, Share-based Payment Arrangement — — $409k $369k $569k $553k $774k $1.1m $1.6m $1.4m
Share-based Payment Arrangement, Expensed and Capitalized, Amount — — — $2.4m $2.9m $2.6m $3.8m $4.1m — —
Asset Impairment Charge — — — — — — $416k $102k $1.5m $373k
Income (Loss) from Equity Method Investments $0 $0 $372k $273k $0 $0 $0 $0 $245k ($2.1m)
Gain (Loss) on Extinguishment of Debt ($82k) ($50k) ($11k) $30k $0 ($3.8m) ($3.4m) $0 ($247k) ($69k)
Gain (Loss) on Disposition of Assets — $8.1m $4.3m $4.7m $6.4m $19.0m $53.5m $738k $21.3m $0
Income Tax Expense (Benefit) $343k $725k ($29k) ($491k) ($283k) ($742k) ($145k) $1.3m ($614k) ($482k)
Interest Expense Nonoperating — — — — — — — — $79.0m $85.3m
Operating Lease, Lease Income — — — — $166.5m $192.1m $219.3m $238.9m $256.7m $269.6m
Other Nonoperating Income (Expense) $147k $131k $388k $585k $515k $302k $378k $31k $209k ($57k)
Earnings (Loss)es From Equity Investments — — — — — — $0 $0 ($245k) $2.1m
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Other Operating Assets $3.2m $2.4m $3.5m $2.5m $6.0m $3.7m $12.0m $5.8m $11.0m $9.5m
General and Administrative Expense $9.6m $10.4m $11.4m $12.4m $12.9m $14.6m $15.7m $18.1m $20.2m $20.3m
Nonoperating Income (Expense) — — — — — — — — — ($82.0m)
Operating Expenses $231.7m $271.1m $165.5m $219.3m — — — — — $112.3m
Proceeds from Issuance of Redeemable Preferred Stock — — — $61.0m $101.5m $0 $0 — — —
Provision for Loan, Lease, and Other Losses — — $0 $0 — — — — — —
Financing Receivable, Credit Loss, Expense (Reversal) — — — — $256k ($792k) $298k $645k $440k $272k
Real Estate Tax Expense $9.6m $10.5m $11.4m $15.0m $18.1m $21.9m $22.1m $22.4m $23.3m $25.1m
Unrealized Gain (Loss) on Derivatives ($941k) $1.1m ($951k) ($3.6m) ($1.1m) $2.2m $8.7m ($14.2m) ($9.6m) ($22.5m)
Beginning Cash Position — — — — — — $40.4m $51.9m $30.2m $72.2m
Cash Flow From Continuing Financing Activities — — — — — — ($72.2m) $122.3m ($43.3m) $52.5m
Cash Flow From Continuing Investing Activities — — — — — — ($33.2m) ($237.0m) ($26.5m) ($121.0m)
Cash Flow From Discontinued Operation — — — — — — — ($8.8m) $29.9m ($13.8m)
Change In Inventory — — — — — — ($72.8m) ($6.9m) ($11.2m) ($9.5m)
Change In Other Current Assets — — — — — $15.6m ($72.8m) — — —
Change In Other Current Liabilities — — — — — — $74.6m $16.3m $12.5m $1.5m
Change In Receivables — — — — — — ($4.7m) ($13.9m) ($11.6m) ($15.2m)
Change In Working Capital — — — — — — ($2.9m) ($4.5m) ($10.3m) ($23.2m)
Changes In Cash — — — — — — $11.4m ($21.7m) $42.1m ($18.0m)
End Cash Position — — — — — — $51.9m $30.2m $72.2m $54.2m
Financing Cash Flow — — — — — — ($72.2m) $122.3m ($43.3m) $52.5m
Free Cash Flow — — — — — — $116.9m $101.9m $82.0m $64.2m
Gain Loss On Investment Securities — — — — — — ($62.2m) $5.5m ($34.5m) ($1.6m)
Investing Cash Flow — — — — — — ($33.2m) ($237.0m) ($26.5m) ($121.0m)
Issuance Of Capital Stock — — — — — $51.7m $65.2m — $129.4m —
Net Business Purchase And Sale — — — — — — ($62.9m) ($70.0m) ($15.9m) ($6.6m)
Net Preferred Stock Issuance — — — — — $0 $0 — — —
Operating Gains Losses — — — — — — ($58.8m) $5.5m ($34.5m) $632k
Other Non Cash Items — — — — — — $19.8m $36.7m $24.1m $8.7m
Preferred Stock Issuance — — — — — $0 $0 — — —
Provisionand Write Offof Assets — — — — — — $626k $574k $156k ($437k)
Purchase Of Business — — — — — — ($62.9m) ($70.0m) ($15.9m) ($6.6m)
Repurchase Of Capital Stock — — — — — — $0 ($12.8m) $0 ($134k)
Stock Based Compensation — — — — — — $3.3m $3.7m $5.1m $6.8m
Derivative, Gain (Loss) on Derivative, Net ($941k) $1.1m ($951k) ($3.6m) ($1.1m) $2.2m $8.7m ($6.2m) $14.3m ($1.5m)
Gain (Loss) on Derivative Instruments, Net, Pretax — — ($2.8m) — — — — — — —
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax $0 $0 — — — — — — — —
Net Cash Provided by (Used in) Operating Activities $59.8m $58.0m $56.1m $67.7m $91.2m $91.2m $116.9m $93.3m $112.0m ($13.8m)
Cash flows from investing activities:
Payments to Acquire Businesses, Net of Cash Acquired $195.6m $30.0m $57.5m $138.4m $35.2m $73.6m $119.7m — — —
Net Investment Properties Purchase And Sale — — — — — — $39.3m ($91.3m) ($1.4m) ($90.5m)
Net Investment Purchase And Sale — — — — — — $0 ($23.4m) $22.8m $5.5m
Purchase Of Investment — — — — — — $0 ($31.3m) $0 ($18.5m)
Purchase Of Investment Properties — — — — — — ($213.0m) ($91.6m) ($60.0m) ($90.5m)
Sale Of Investment — — — — — — $0 $7.9m $22.8m $24.1m
Sale Of Investment Properties — — — — — — $252.3m $246k $58.6m $0
Payments for (Proceeds from) Other Investing Activities $0 $0 — — — — — — — —
Net Other Investing Changes — — — — — — ($9.6m) ($52.3m) ($32.1m) ($29.4m)
Net Cash Provided by (Used in) Investing Activities ($226.5m) ($102.4m) ($240.6m) ($295.1m) ($26.2m) ($57.6m) ($33.2m) ($237.3m) ($26.7m) ($121.0m)
Cash flows from financing activities:
Issuance Of Debt — — — — — — $678.6m $402.6m $269.5m $371.0m
Long Term Debt Issuance — — — — — — $678.6m $402.6m $269.5m $371.0m
Net Issuance Payments Of Debt — — — — — — ($45.2m) $221.7m ($84.0m) $137.0m
Net Long Term Debt Issuance — — — — — — ($45.2m) $221.7m ($84.0m) $137.0m
Net Short Term Debt Issuance — — — — — ($187.8m) ($723.7m) — — —
Short Term Debt Issuance — — — — — $161.8m $678.6m — — —
Long Term Debt Payments — — — — — — ($723.7m) ($180.9m) ($353.5m) ($234.0m)
Repayment Of Debt — — — — — — ($723.7m) ($180.9m) ($353.5m) ($234.0m)
Short Term Debt Payments — — — — — ($187.8m) ($723.7m) — — —
Proceeds from Issuance of Common Stock $68.5m $96.0m $66.5m $96.8m $19.6m $51.7m $65.2m ($208k) $129.4m ($134k)
Common Stock Issuance — — — — — $51.7m $65.2m — $129.4m —
Net Common Stock Issuance — — — — — — $65.2m ($12.8m) $129.4m ($134k)
Payments for Repurchase of Common Stock — — — — — $0 $0 $12.6m $0 $0
Common Stock Payments — — — — — — $0 ($12.8m) $0 ($134k)
Proceeds from Noncontrolling Interests — — — — — — $14k $0 $0 —
Dividends paid $33.8m $43.6m $50.9m $61.5m $47.6m $58.7m $72.6m $80.4m $83.9m $75.2m
Dividends Payable, Current $9.7m $11.9m $13.5m $17.5m $11.8m $17.2m $19.8m $19.9m $23.7m $17.2m
Dividends Payable — — — — — — — — $3.4m —
Cash Dividends Paid — — — — — — ($72.6m) ($80.4m) ($83.9m) ($75.2m)
Common Stock Dividend Paid — — — — — — ($72.6m) ($80.4m) ($83.9m) ($75.2m)
Net Other Financing Charges — — — — — — ($19.6m) ($6.2m) ($4.8m) ($9.1m)
Net Cash Provided by (Used in) Financing Activities $161.6m $42.1m $185.6m $246.9m ($58.1m) ($43.5m) ($72.2m) $122.3m ($43.3m) $52.5m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect ($4.6m) ($2.3m) $1.1m $19.5m $6.9m ($10.0m) $11.4m ($21.7m) $42.1m ($18.0m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents ($4.6m) $22.9m $24.1m $43.6m $50.4m $40.4m $51.9m $30.2m $72.2m $52.4m
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — — $11.4m ($21.7m) $42.1m ($18.0m)
Interest Paid, Excluding Capitalized Interest, Operating Activities $15.3m $16.3m $17.3m ($28.9m) $28.6m $29.2m $29.9m $44.9m $71.6m $73.0m
Income Taxes Paid, Net ($121k) $371k ($555k) ($247k) $167k $4k $1k ($33k) ($1.1m) ($1.4m)

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.