← Urban Edge Properties

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 — — — — — — $47.3m $259.9m $75.4m $97.5m
Net Income (Loss) Attributable to Parent $90.8m $67.1m $105.2m $109.5m $93.6m $102.7m $46.2m $248.5m $72.6m $93.5m
Net Income (Loss) Available to Common Stockholders, Basic $90.7m $66.9m $105.0m $109.4m $93.5m $102.6m $46.1m $248.3m $72.5m $93.5m
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $96.6m $72.9m $117.0m $116.2m $97.8m $107.8m $47.3m $259.9m $75.4m $97.5m
Net Income (Loss) Attributable to Noncontrolling Interest $5.8m $5.9m $11.8m $6.7m $4.2m $5.1m $1.2m $11.4m $2.9m $4.0m
Depreciation, Depletion and Amortization $57.2m $82.5m $100.1m $93.8m $97.8m $94.1m $100.8m $112.8m $155.0m $139.5m
Amortization of Debt Issuance Costs $2.8m $2.9m $2.9m $2.9m — — — $2.9m $4.0m $5.7m
Amortization of Intangible Assets $2.0m $9.3m $15.1m $8.8m $10.2m $8.6m $10.9m $13.5m $30.3m $26.3m
Amortization Cash Flow — — — — — — ($6.7m) ($11.6m) ($10.1m) ($15.1m)
Amortization Of Intangibles — — — — — — ($6.7m) ($11.6m) ($10.1m) ($15.1m)
Depreciation Amortization Depletion — — — — — — $94.1m $98.2m $140.8m $124.4m
Deferred Income Tax Expense (Benefit) $195k ($974k) $2.7m $370k ($44.8m) $2.3m $2.8m $13.7m ($119k) $2.3m
Share-based Payment Arrangement, Noncash Expense $5.4m $7.1m $9.7m $13.5m $17.0m $10.8m $10.5m $7.8m $10.4m $11.8m
Payment, Tax Withholding, Share-based Payment Arrangement $38k $287k $385k $633k $1.5m $210k $129k $119k $195k $273k
Asset Impairment Charge — — — — — — $0 $34.1m $0 $0
Gain (Loss) on Extinguishment of Debt $0 ($35.3m) $2.5m $0 $34.9m $0 $0 $41.1m $21.4m ($534k)
Income Tax Expense (Benefit) $804k ($278k) $3.5m $1.3m ($39.0m) $1.1m $2.9m $17.8m $2.4m $2.6m
Operating Lease, Expense — $700k $700k — — $12.9m $12.5m $12.6m $13.2m $13.2m
Operating Lease, Lease Income — — — $384.4m $328.3m $422.5m $396.4m $406.1m $444.5m $470.7m
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable ($78k) $13.7m $13.3m ($6.7m) $22.0m $139k $1.7m ($2.8m) $6.0m $6.0m
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal — — $52.6m $68.6m $39.8m $18.6m $353k $217.7m $38.8m $49.7m
Environmental Remediation Expense $1.4m — — — — — — — — —
Gain (Loss) on Termination of Lease — — — $1.8m $0 $0 — — — —
Gain (Loss) Related to Litigation Settlement — — — — — — — — — ($300k)
General and Administrative Expense $27.4m $30.4m $35.0m $38.2m $48.7m $39.2m $43.1m $37.1m $37.5m $40.0m
Investment Income, Interest $679k $2.2m $8.3m $9.8m $2.6m $360k $1.1m $3.0m $2.7m $2.8m
Operating Costs and Expenses — — — — $277.6m $277.2m $290.2m $326.2m $348.5m $345.5m
Operating Expenses $193.0m $245.3m $292.3m $283.8m — — — — — —
Proceeds from Contributions from Parent $0 $0 — — — — — — — —
Real Estate Tax Expense $51.4m $59.7m $63.7m $60.2m $60.0m $63.8m $61.9m $64.9m $68.7m $66.4m
Beginning Cash Position — — — — — — $219.8m $128.8m $174.2m $90.6m
Cash Flow From Continuing Financing Activities — — — — — — ($78.8m) $161k ($2.1m) ($118.9m)
Cash Flow From Continuing Investing Activities — — — — — — ($151.9m) ($117.7m) ($234.7m) ($75.6m)
Change In Account Payable — — — — — — ($853k) $15.2m ($3.4m) $7.0m
Change In Other Current Liabilities — — — — — — ($6.6m) ($6.3m) ($7.1m) ($6.3m)
Change In Other Working Capital — — — — — — ($8.7m) ($8.5m) ($6.4m) ($8.3m)
Change In Payable — — — — — — ($853k) $15.2m ($3.4m) $7.0m
Change In Payables And Accrued Expense — — — — — — ($853k) $15.2m ($3.4m) $7.0m
Change In Prepaid Assets — — — — — — $854k $12.4m $349k $1.8m
Change In Receivables — — — — — — ($1.7m) $2.8m ($6.0m) ($6.0m)
Change In Working Capital — — — — — — ($17.0m) $15.6m ($22.6m) ($11.7m)
Changes In Cash — — — — — — ($91.1m) $45.5m ($83.6m) ($11.8m)
End Cash Position — — — — — — $128.8m $174.2m $90.6m $78.9m
Financing Cash Flow — — — — — — ($78.8m) $161k ($2.1m) ($118.9m)
Free Cash Flow — — — — — — $139.6m $163.0m $153.2m $182.7m
Gain Loss On Investment Securities — — — — — — ($353k) ($217.7m) ($38.8m) ($49.7m)
Investing Cash Flow — — — — — — ($151.9m) ($117.7m) ($234.7m) ($75.6m)
Issuance Of Capital Stock — — — — — $366k $382k $372k $136.6m —
Net PPE Purchase And Sale — — — — — $2.4m $0 $0 — —
Operating Gains Losses — — — — — — ($353k) ($258.9m) ($60.2m) ($49.2m)
Other Non Cash Items — — — — — — $5.0m $6.3m $9.3m $9.9m
Repurchase Of Capital Stock — — — — — $0 $0 — — ($419k)
Sale Of PPE — — — — — $2.4m $0 $0 — —
Stock Based Compensation — — — — — — $10.5m $7.8m $10.4m $11.8m
Net Cash Provided by (Used in) Operating Activities $137.2m $157.9m $137.0m $156.4m $112.8m $135.3m $139.6m $163.0m $153.2m $182.7m
Cash flows from investing activities:
Net Investment Properties Purchase And Sale — — — — — — ($151.9m) ($117.7m) ($234.7m) ($75.6m)
Purchase Of Investment Properties — — — — — — ($152.3m) ($430.6m) ($295.1m) ($140.1m)
Sale Of Investment Properties — — — — — — $353k $312.9m $60.4m $64.5m
Net Cash Provided by (Used in) Investing Activities ($59.2m) ($295.7m) ($64.8m) ($2.5m) ($98.5m) ($311.2m) ($151.9m) ($117.7m) ($234.7m) ($75.6m)
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt $0 $935.7m $0 $0 $90.2m $117.2m $103.4m $469.7m $211.0m $123.6m
Issuance Of Debt — — — — — — $103.4m $778.7m $336.0m $198.6m
Long Term Debt Issuance — — — — — — $103.4m $778.7m $336.0m $198.6m
Net Issuance Payments Of Debt — — — — — — $5.1m $84.8m ($51.4m) ($15.2m)
Net Long Term Debt Issuance — — — — — — $5.1m $84.8m ($51.4m) ($15.2m)
Net Short Term Debt Issuance — — — — — $0 $0 $309.0m — —
Short Term Debt Issuance — — — — — $0 $0 $309.0m — —
Repayments of Long-term Debt $38.5m $129.6m $4.3m $5.6m $89.3m $18.2m $98.3m $693.9m $387.4m $213.8m
Long Term Debt Payments — — — — — — ($98.3m) ($693.9m) ($387.4m) ($213.8m)
Repayment Of Debt — — — — — — ($98.3m) ($693.9m) ($387.4m) ($213.8m)
Proceeds from Issuance of Common Stock $8.9m $348.4m $477k $439k $398k $366k $382k $372k $136.6m ($419k)
Common Stock Issuance — — — — — $366k $382k $372k $136.6m —
Net Common Stock Issuance — — — — — — $382k $372k $136.6m ($419k)
Payments for Repurchase of Common Stock — — — — $54.1m $0 $0 — — —
Payments of Ordinary Dividends, Common Stock $81.2m $95.4m $100.2m $106.2m $26.6m $124.0m $75.1m $75.2m $82.9m $95.5m
Common Stock Payments — — — — — $0 $0 — — ($419k)
Proceeds from Noncontrolling Interests — — — — $5.4m $6.2m $1.7m $2.0m $4.3m $716k
Dividends Payable — — — — $55.9m $0 $0 — — —
Cash Dividends Paid — — — — — — ($75.1m) ($75.2m) ($82.9m) ($95.5m)
Common Stock Dividend Paid — — — — — — ($75.1m) ($75.2m) ($82.9m) ($95.5m)
Net Other Financing Charges — — — — — — ($9.1m) ($9.8m) ($4.4m) ($7.7m)
Net Cash Provided by (Used in) Financing Activities ($115.9m) $498.5m ($115.6m) ($126.3m) ($80.2m) ($23.5m) ($78.8m) $161k ($2.1m) ($118.9m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect ($37.8m) $360.7m ($43.3m) $27.6m ($65.9m) ($199.4m) ($91.1m) $45.5m ($83.6m) ($11.8m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents ($37.8m) $500.8m $457.5m $485.1m $419.3m $219.8m $128.8m $174.2m $90.6m $78.9m
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — — ($91.1m) $45.5m ($83.6m) ($11.8m)
Income Tax Paid Supplemental Data — — — — — — $913k $52k $9.9m $866k
Interest Paid, Excluding Capitalized Interest, Operating Activities ($5.1m) ($9.5m) ($11.1m) $64.8m $68.1m $58.6m $55.7m $69.0m $80.7m $72.5m

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