← Whitestone REIT

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 — — — — — — $35.8m $19.4m $37.4m $50.6m
Net Income (Loss) Attributable to Parent $7.9m $8.3m $21.4m $23.7m $6.0m $12.0m $35.3m $19.2m $36.9m $49.9m
Net Income (Loss) Available to Common Stockholders, Basic $8.1m $8.9m $22.0m $24.2m $6.2m $12.3m $35.3m $19.2m $36.9m $49.9m
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $8.1m $8.9m $22.0m $24.2m $6.2m $12.3m $35.8m $19.4m $37.4m $50.6m
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $8.1m $8.9m — — — — — — — —
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $8.1m $8.9m — $23.6m $6.2m $10.4m $35.8m $19.4m $37.4m $50.6m
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $0 $0 — $594k $0 $1.8m $0 $0 — —
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent $0 $0 — — — — — — — —
Net Income (Loss) Attributable to Noncontrolling Interest $197k — $550k $545k $117k $205k $530k $270k $480k $630k
Depreciation, Depletion and Amortization $22.5m $27.2m $25.7m $26.7m $28.3m $28.9m $31.7m $33.0m $34.9m $35.9m
Amortization of Debt Issuance Costs and Discounts $1.6m $1.3m $1.1m $1.1m $1.1m $1.1m $1.1m $1.1m $1.1m $1.3m
Other Depreciation and Amortization $22.5m $27.2m $25.7m $26.7m $28.3m $28.9m — — — —
Depreciation Amortization Depletion — — — — — — $31.7m $33.1m $35.0m $36.0m
Share-based Payment Arrangement, Noncash Expense $10.2m $10.4m $6.7m $6.5m $6.1m $5.9m $1.5m $3.7m $4.6m $5.3m
Share-based Payment Arrangement, Expense — — — — $6.1m $5.9m $1.5m $3.7m $4.6m $5.3m
Marketable Securities, Gain (Loss), Excluding Other-than-temporary Impairment Loss $0 ($91k) ($20k) $0 $0 — — — — —
Asset Impairment Charge — — — — — — $1.2m $951k $1.2m $877k
Income (Loss) from Equity Method Investments — — — — — — $239k ($3.2m) ($28k) $0
Gain (Loss) on Extinguishment of Debt — — — — — — $0 — — ($798k)
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property $3.3m ($167k) $4.5m $638k $1.4m $176k $16.9m $9.0m $22.1m $30.0m
Gain (Loss) on Disposition of Other Assets ($96k) ($183k) ($82k) ($215k) ($364k) $176k ($192k) ($522k) ($547k) ($239k)
Income Tax Expense (Benefit) $289k $386k $347k $400k $379k $385k $422k $450k $450k $482k
Interest Expense Nonoperating — — — — — — — — $34.0m $33.7m
Operating Lease, Lease Income — — — $117.0m $115.1m $123.9m $138.2m $145.7m $151.3m $159.3m
Earnings (Loss)es From Equity Investments — — — — — — ($239k) $3.2m $28k $0
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable — — — — $2.3m $100k — — — —
Accretion Expense — — — — — — — — — $38k
Gain (Loss) on Termination of Lease — — — — — — — — $749k $0
General and Administrative Expense $23.9m $23.9m $23.3m $21.7m $21.3m $22.6m $18.1m $20.7m $23.2m $21.2m
Nonoperating Income (Expense) — — — — — — ($10.4m) ($24.3m) ($12.4m) ($2.5m)
Operating Costs and Expenses $34.1m $42.1m — — — — — — — —
Operating Expenses — — $64.7m $25.0m $24.1m $24.3m — — — —
Real Estate Tax Expense $14.4m $17.9m $16.4m $16.3m $18.0m $16.8m $17.6m $18.0m $17.8m $18.3m
Beginning Cash Position — — — — — — $15.9m $6.4m $4.6m $15.4m
Cash Flow From Continuing Financing Activities — — — — — — ($47.3m) ($13.0m) ($31.5m) ($37.5m)
Cash Flow From Continuing Investing Activities — — — — — — ($6.7m) ($36.3m) ($16.0m) ($21.3m)
Cash From Discontinued Investing Activities — — — — — $1.8m $0 $0 — —
Change In Account Payable — — — — — — ($2.8m) $355k ($220k) ($2.8m)
Change In Other Current Assets — — — — — — ($3.4m) ($4.6m) ($3.5m) ($3.6m)
Change In Other Working Capital — — — — — — ($1.5m) $2.3m $6.5m ($1.2m)
Change In Payable — — — — — — ($2.2m) $371k ($220k) ($2.8m)
Change In Payables And Accrued Expense — — — — — — ($2.2m) $371k ($220k) ($2.8m)
Change In Prepaid Assets — — — — — — $2.1m $2.7m $3.0m ($656k)
Change In Receivables — — — — — — ($4.9m) ($6.1m) ($4.5m) ($4.1m)
Change In Working Capital — — — — — — ($9.8m) ($5.3m) $1.3m ($12.4m)
Changes In Account Receivables — — — — — — ($4.3m) ($6.0m) ($4.4m) ($4.3m)
Changes In Cash — — — — — — ($9.6m) ($1.7m) $10.7m ($8.0m)
End Cash Position — — — — — — $6.4m $4.6m $15.4m $7.4m
Financing Cash Flow — — — — — — ($47.3m) ($13.0m) ($31.5m) ($37.5m)
Free Cash Flow — — — — — — $44.4m $47.6m $58.2m $50.8m
Gain Loss On Investment Securities — — — — — — ($16.9m) ($9.0m) ($22.1m) ($32.0m)
Investing Cash Flow — — — — — — ($6.7m) ($36.3m) ($16.0m) ($21.3m)
Issuance Of Capital Stock — — — — — — $0 $0 $7.6m $0
Net Business Purchase And Sale — — — — — — — $0 $0 $47.0m
Operating Gains Losses — — — — — — ($17.0m) ($5.3m) ($21.6m) ($31.0m)
Other Non Cash Items — — — — — — $1.1m $1.1m $357k $1.4m
Repurchase Of Capital Stock — — — — — — ($537k) ($525k) ($2.6m) ($2.3m)
Sale Of Business — — — — — — — $0 $0 $47.0m
Stock Based Compensation — — — — — — $1.5m $3.7m $4.6m $5.3m
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax $0 — — — — — $0 $0 — —
Net Cash Provided by (Used in) Operating Activities $39.2m $41.0m $39.6m $47.7m $42.8m $47.0m $44.4m $47.6m $58.2m $50.8m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment — — — — — — $100k $100k $200k $300k
Net Investment Properties Purchase And Sale — — — — — — ($6.7m) ($22.7m) ($26.2m) ($68.3m)
Purchase Of Investment Properties — — — — — — ($40.4m) ($42.5m) ($78.2m) ($110.5m)
Gains (Losses) on Sales of Investment Real Estate $3.4m $16k $4.6m $853k — — — — — —
Sale Of Investment Properties — — — — — — $33.7m $19.8m $52.0m $42.2m
Net Other Investing Changes — — — — — — — ($13.6m) $10.1m —
Net Cash Provided by (Used in) Investing Activities ($75.8m) ($142.5m) $10.8m ($42.4m) ($6.4m) ($91.2m) ($6.7m) ($36.3m) ($16.0m) ($21.3m)
Cash flows from financing activities:
Issuance Of Debt — — — — — — $0 $42.5m $76.3m $375.0m
Long Term Debt Issuance — — — — — — $0 $42.5m $76.3m $375.0m
Net Issuance Payments Of Debt — — — — — — ($19.5m) $11.5m ($10.7m) ($821k)
Net Long Term Debt Issuance — — — — — — ($19.5m) $11.5m ($10.7m) ($821k)
Net Short Term Debt Issuance — — — — — $0 ($16.0m) $42.5m — —
Long Term Debt Payments — — — — — — ($19.5m) ($31.0m) ($87.0m) ($375.8m)
Repayment Of Debt — — — — — — ($19.5m) ($31.0m) ($87.0m) ($375.8m)
Proceeds from Issuance of Common Stock $30.0m $118.4m $0 $21.2m $2.2m $56.0m $0 $0 $7.6m $0
Common Stock Issuance — — — — — — $0 $0 $7.6m $0
Net Common Stock Issuance — — — — — — ($537k) ($525k) $5.0m ($2.3m)
Payments for Repurchase of Common Stock $3.9m $4.3m $2.0m $776k $2.1m $691k $537k $525k $2.6m $2.3m
Payments of Ordinary Dividends, Common Stock $31.9m $40.5m $44.9m $45.6m $25.2m $19.3m $23.0m $23.7m $24.6m $27.4m
Common Stock Payments — — — — — — ($537k) ($525k) ($2.6m) ($2.3m)
Dividends Payable $8.7m $11.5m $11.6m $12.2m $4.5m $5.4m $6.0m $6.0m $6.9m $7.4m
Cash Dividends Paid — — — — — — ($23.0m) ($23.7m) ($24.6m) ($27.4m)
Common Stock Dividend Paid — — — — — — ($23.0m) ($23.7m) ($24.6m) ($27.4m)
Dividend Received CFO — — — — — $0 $0 — — —
Net Other Financing Charges — — — — — — ($4.3m) ($332k) ($1.2m) ($7.0m)
Net Cash Provided by (Used in) Financing Activities $38.2m $105.2m ($41.8m) ($4.1m) ($26.0m) $32.3m ($47.3m) ($13.0m) ($31.5m) ($37.5m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $280k $2.2m $8.6m $1.9m $10.3m ($10.0m) ($9.6m) ($1.7m) $10.7m ($8.0m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $280k $2.2m $13.8m $15.6m $26.0m $15.9m $6.4m $4.6m $15.4m $7.4m
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — — ($9.6m) ($1.7m) $10.7m ($8.0m)
Interest Paid, Excluding Capitalized Interest, Operating Activities $18.3m $22.5m $24.6m $25.4m $24.7m $23.7m $26.5m $31.1m $33.7m $33.6m
Income Taxes Paid, Net $284k $337k $304k $396k $353k $364k $366k $435k $432k $457k

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