← ALEXANDERS 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 — — — — — — $57.6m $102.4m $43.4m $28.2m
Net Income (Loss) Attributable to Parent $86.5m $80.5m $32.8m $60.1m $41.9m $132.9m $57.6m $102.4m $43.4m $28.2m
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $86.5m — $56.6m $60.1m $41.9m $130.6m $57.6m $102.4m — —
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $0 — — — — — — — — —
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent — — ($23.8m) $0 $0 $2.3m $0 $0 — —
Depreciation, Depletion and Amortization $36.4m $38.7m $38.5m $36.5m $35.1m $34.6m $31.5m $34.6m $37.9m $38.1m
Depreciation Amortization Depletion — — — — — — $31.5m $34.5m $37.9m $38.1m
Share-based Payment Arrangement, Noncash Expense — — — $394k $600k $450k $450k $450k $450k $394k
Asset Impairment Charge — — — — — $0 $0 — — —
Income Tax Expense (Benefit) $48k $3k $4k — — — — — — —
Operating Lease, Expense — — — — $746k $746k $2.2m $2.2m $2.2m $2.2m
Operating Lease, Lease Income — — — $217.3m $191.4m $198.1m $197.2m $216.5m $217.7m $204.2m
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable ($958k) ($363k) $1.4m $2.0m $6.1m ($1.7m) ($1.7m) $572k ($165k) ($1.0m)
Increase (Decrease) in Other Operating Assets $9.9m $2.6m $1.2m ($21.6m) $28.4m ($3.1m) ($2.8m) ($14.1m) $149.4m $2.9m
General and Administrative Expense $5.4m $5.3m $5.3m $5.8m $6.3m $5.9m $6.1m $6.3m $6.5m $6.6m
Marketable Securities, Unrealized Gain (Loss) — — ($12.0m) ($8.8m) ($8.6m) $3.5m $0 $0 — —
Operating Costs and Expenses $82.2m $85.1m $93.8m $89.7m $88.4m $91.1m $90.4m $101.2m $103.2m $106.4m
Operating Expenses $121.5m $125.3m $132.2m $126.9m $127.1m $130.0m $126.3m $140.4m $144.5m $148.0m
Real Estate Tax Expense — — $23.8m — — — — — — —
Beginning Cash Position — — — — — — $483.5m $214.5m $553.0m $393.8m
Cash Flow From Continuing Financing Activities — — — — — — ($92.3m) ($92.4m) ($200.0m) ($254.3m)
Cash Flow From Continuing Investing Activities — — — — — — ($279.3m) $321.8m ($13.2m) ($20.8m)
Change In Account Payable — — — — — — $3.1m $3.3m ($13.7m) ($1.4m)
Change In Other Current Assets — — — — — — $2.8m $14.1m ($149.4m) ($2.9m)
Change In Other Current Liabilities — — — — — — $338k ($19k) $115.1m ($1.5m)
Change In Payable — — — — — — $3.2m $3.2m ($13.6m) ($2.1m)
Change In Payables And Accrued Expense — — — — — — $3.2m $3.2m ($13.6m) ($2.1m)
Change In Receivables — — — — — — $1.7m ($572k) $165k $1.0m
Change In Working Capital — — — — — — $8.0m $16.8m ($47.8m) ($5.5m)
Changes In Cash — — — — — — ($269.0m) $338.5m ($159.1m) ($201.6m)
End Cash Position — — — — — — $214.5m $553.0m $393.8m $192.2m
Financing Cash Flow — — — — — — ($92.3m) ($92.4m) ($200.0m) ($254.3m)
Free Cash Flow — — — — — — $102.5m $109.1m $54.1m $73.4m
Gain Loss On Investment Securities — — — — — ($72.3m) — ($54.0m) — —
Investing Cash Flow — — — — — — ($279.3m) $321.8m ($13.2m) ($20.8m)
Operating Gains Losses — — — — — ($72.3m) — ($54.0m) — —
Other Non Cash Items — — — — — — $5.0m $9.0m $20.1m $12.2m
Stock Based Compensation — — — — — — $450k $450k $450k $394k
Unrealized Gain Loss On Investment Securities — — — — — ($3.5m) $0 $0 — —
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax — — — — — $2.3m — — — —
Net Cash Provided by (Used in) Operating Activities $130.8m $123.4m $73.5m $126.1m $78.1m $118.5m $102.5m $109.1m $54.1m $73.4m
Cash flows from investing activities:
Net Investment Properties Purchase And Sale — — — — — — ($14.4m) $63.1m ($19.8m) ($20.8m)
Net Investment Purchase And Sale — — — — — — ($264.9m) $258.7m $6.6m $0
Purchase Of Investment — — — — — — ($364.2m) ($11.3m) $0 $0
Purchase Of Investment Properties — — — — — — ($14.4m) ($4.7m) ($19.8m) ($20.8m)
Gains (Losses) on Sales of Investment Real Estate — — — — — $70.0m $0 $54.0m $0 $0
Sale Of Investment — — — — — — $99.4m $269.9m $6.6m $0
Sale Of Investment Properties — — — — — — $0 $67.8m $0 $0
Net Cash Provided by (Used in) Investing Activities ($16.0m) ($202.0m) ($1.1m) ($9.4m) ($32.5m) $75.5m ($279.3m) $321.8m ($13.2m) ($20.8m)
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt $0 $500.0m $78.2m $0 $239.7m $0 $0 — $400.0m $175.0m
Issuance Of Debt — — — — — — $0 $0 $400.0m $175.0m
Long Term Debt Issuance — — — — — — $0 $0 $400.0m $175.0m
Net Issuance Payments Of Debt — — — — — — $0 $0 ($100.0m) ($160.0m)
Net Long Term Debt Issuance — — — — — — $0 $0 ($100.0m) ($160.0m)
Repayments of Long-term Debt $3.4m $303.7m $160.1m $0 $50.0m $68.0m $0 $0 $500.0m $335.0m
Long Term Debt Payments — — — — — — $0 $0 ($500.0m) ($335.0m)
Repayment Of Debt — — — — — — $0 $0 ($500.0m) ($335.0m)
Payments of Ordinary Dividends, Common Stock $81.8m $87.0m $92.1m $92.1m $92.2m $92.2m $92.3m $92.3m $92.4m $92.4m
Cash Dividends Paid — — — — — — ($92.3m) ($92.3m) ($92.4m) ($92.4m)
Common Stock Dividend Paid — — — — — — ($92.3m) ($92.3m) ($92.4m) ($92.4m)
Net Other Financing Charges — — — — — — ($46k) ($104k) ($7.6m) ($1.8m)
Net Cash Provided by (Used in) Financing Activities ($85.3m) $97.1m ($176.2m) ($92.1m) $90.3m ($160.3m) ($92.3m) ($92.4m) ($200.0m) ($254.3m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $30.0m $18.6m ($103.8m) $24.5m $135.9m $33.6m ($269.0m) $338.5m ($159.1m) ($201.6m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $30.0m $393.3m $289.5m $314.0m $449.9m $483.5m $214.5m $553.0m $393.8m $192.2m
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — — ($269.0m) $338.5m ($159.1m) ($201.6m)
Interest Paid, Excluding Capitalized Interest, Operating Activities — — — $34.7m $22.5m $18.6m $25.9m $54.0m $59.7m $48.2m

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