Net cash provided by operating activities 31,755 28,479
Cash flows from investing activities:
Acquisition and development of real estate
properties (19,560) (17,806)
Funding of mortgages and notes receivable (1,265) (3,926)
Distributions received from unconsolidated LLCs 423 262
Proceeds from sales of real estate 3,415 110,205
Proceeds from mortgage and notes receivable
repayments 36 13,007
Net cash provided by (used in) investing
activities (16,951) 101,742
Cash flows from financing activities:
Borrowings on notes and bonds payable 26,000 72,839
Repayments on notes and bonds payable (18,907) (169,873)
Dividends paid (19,533) (31,563)
Proceeds from issuance of common stock 185 273
Common stock redemption - (14)
Net cash used in financing activities (12,255) (128,338)
Increase in cash and cash equivalents 2,549 1,883
Cash and cash equivalents, beginning of period 8,519 1,950
Cash and cash equivalents, end of period $11,068 $3,833
(1) The Condensed Consolidated Statements of Cash Flows do not include
all of the information and footnotes required by generally
accepted accounting principles for complete financial statements.
RECONCILIATION OF FUNDS FROM OPERATIONS (1):
(Dollars in thousands, except per share data)
(Unaudited)
Three Months Ended
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SOURCE Healthcare Realty Trust Incorporated Copyright©2008 PR Newswire. All rights reserved | |
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