← CENTERSPACE
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $72.0m |
$43.3m
-39.80%
|
$116.8m
+169.43%
|
$78.7m
-32.64%
|
$4.4m
-94.35%
|
($29k)
-100.65%
|
($14.1m)
-48551.72%
|
$41.3m
+392.90%
|
($11.3m)
-127.41%
|
$17.1m
+250.96%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | $60.5m |
$31.4m
-48.15%
|
$104.6m
+233.36%
|
$71.8m
-31.29%
|
($1.8m)
-102.49%
|
($6.5m)
-260.73%
|
($20.5m)
-218.06%
|
$34.9m
+269.92%
|
($19.7m)
-156.34%
|
$17.1m
+186.98%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $76.6m | $30.5m | $127.6m | $84.8m | $4.7m | ($2.1m) | ($17.6m) | $49.2m | ($14.2m) | $23.0m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | ($2.4m) | — | — | — | — | — | — | — | — | — | — | |
| Depreciation, Depletion and Amortization | $51.0m | $56.5m | $83.3m | $75.4m | $76.6m | $93.1m | $106.2m | $103.2m | $107.6m | $114.6m | $111.5m | |
| Amortization of Intangible Assets | — | — | — | — | — | $13.5m | $12.3m | $2.6m | $2.8m | $8.3m | — | |
| Amortization Of Securities | — | — | — | — | — | — | — | ($231k) | $1.2m | $1.9m | $1.9m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $106.2m | $103.2m | $107.6m | $114.6m | $111.5m | |
| Share-based Payment Arrangement, Noncash Expense | $2.3m | $6k | $1.6m | $1.9m | $2.1m | $2.7m | $2.6m | $3.3m | $3.0m | $3.4m | $3.9m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | — | — | — | $0 | $0 | $1.2m | — | |
| Share-based Payment Arrangement, Expense | $2.3m | $6k | $1.6m | $1.9m | $2.1m | $2.7m | $2.6m | $3.3m | $3.0m | $3.4m | $3.9m | |
| Goodwill, Impairment Loss | $0 | $0 | — | — | — | — | — | — | — | — | $32.9m | |
| Asset Impairment Charge | — | — | — | — | — | — | $0 | $5.2m | $0 | $37.7m | $32.9m | |
| Other Nonoperating Income (Expense) | $317k | $807k | $311k | — | — | — | — | — | — | — | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | $5k | ($2.9m) | ($3.5m) | ($5.4m) | ($9.0m) | |
| Increase (Decrease) in Accounts Receivable | ($1.8m) | ($930k) | — | — | — | — | — | — | — | — | — | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $650k | ($2.1m) | $1.4m | $245k | ($3.4m) | |
| Increase (Decrease) in Other Operating Assets | ($1.5m) | — | $646k | ($1.1m) | $4.8m | $5.4m | $645k | $760k | $4.9m | $5.6m | — | |
| Change In Other Current Assets | — | — | — | — | — | — | ($645k) | ($760k) | ($4.9m) | ($5.6m) | ($5.6m) | |
| Net Cash Provided by (Used in) Operating Activities | $66.5m |
$73.9m
+11.18%
|
$55.2m
-25.34%
|
$69.6m
+26.14%
|
$61.2m
-12.06%
|
$84.0m
+37.24%
|
$92.0m
+9.48%
|
$89.5m
-2.69%
|
$98.2m
+9.75%
|
$98.5m
+0.21%
|
$91.9m
-6.67%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | $69.9m | — | — | — | — | — | — | — | — | — | ($79.0m) | |
| Payments to Acquire Property, Plant, and Equipment | — | — | — | — | — | — | $122k | $0 | — | — | — | |
| Gain (Loss) on Sale of Investments | — | — | — | — | ($25.5m) | $27.5m | $41k | $71.2m | ($577k) | $79.5m | — | |
| Unrealized Gain (Loss) on Investments | — | — | — | — | — | — | ($41k) | — | $577k | $507k | $0 | |
| Payments for (Proceeds from) Other Investing Activities | ($279k) | ($50k) | $0 | ($366k) | ($1.5m) | $502k | ($1.2m) | $420k | ($325k) | ($116k) | — | |
| Net Other Investing Changes | — | — | — | — | — | — | $1.1m | ($2.0m) | ($11.3m) | $1.3m | $1.3m | |
| Net Cash Provided by (Used in) Investing Activities | $134.3m | $202.3m | $80.1m | $7.0m | ($165.0m) | ($267.2m) | ($160.1m) | $120.2m | ($50.7m) | ($26.9m) | $154.5m | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | ($106k) | ($3.1m) | ($940k) | ($2.4m) | ($23k) | ($535k) | — | $0 | $0 | ($98k) | — | |
| Repayments of Long-term Debt | $234.9m | $295.1m | $205.2m | $177.7m | $33.4m | $36.3m | $29.0m | $46.7m | $10.9m | $96.8m | ($501.5m) | |
| Debt and Equity Securities, Realized Gain (Loss) | — | — | — | — | — | — | $0 | — | — | — | — | |
| Proceeds from Issuance of Long-term Debt | $143.6m | $84.2m | $0 | $59.9m | $0 | $196.7m | $0 | $90.0m | — | — | $324.8m | |
| Issuance Of Debt | — | — | — | — | — | — | $291.4m | $225.1m | $130.5m | $455.2m | $324.8m | |
| Long Term Debt Issuance | — | — | — | — | — | $371.3m | $291.4m | $225.1m | $130.5m | — | $324.8m | |
| Long Term Debt Payments | — | — | — | — | — | — | ($183.3m) | ($365.4m) | ($124.0m) | ($444.4m) | ($501.5m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $108.1m | ($140.2m) | $6.5m | $10.8m | ($176.6m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $108.1m | ($140.2m) | $6.5m | $10.8m | ($176.6m) | |
| Net Short Term Debt Issuance | — | — | — | — | — | ($76.9m) | $37.5m | ($83.5m) | — | — | — | |
| Repayment Of Debt | — | — | — | — | — | — | ($183.3m) | ($365.4m) | ($124.0m) | ($444.4m) | ($501.5m) | |
| Short Term Debt Issuance | — | — | — | — | — | $258.6m | $191.9m | $135.1m | — | — | — | |
| Short Term Debt Payments | — | — | — | — | — | ($335.5m) | ($154.4m) | ($218.6m) | — | — | — | |
| Payments for Repurchase of Common Stock | $35.0m | $4.5m | $9.9m | $18.0m | $0 | $0 | $29.1m | $11.5m | $4.7m | $3.5m | — | |
| Payments of Ordinary Dividends, Common Stock | $60.1m | $55.9m | $33.7m | $32.9m | $35.0m | $38.5m | $44.5m | $43.7m | $45.8m | $51.1m | ($51.9m) | |
| Proceeds from Issuance of Common Stock | — | — | $0 | $22.0m | $58.9m | $156.0m | $31.4m | $0 | $112.1m | $331k | $104.7m | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($44.5m) | ($43.7m) | ($45.8m) | ($51.1m) | ($51.6m) | |
| Common Stock Issuance | — | — | — | — | — | $156.0m | $31.4m | $0 | $112.1m | — | $104.7m | |
| Common Stock Payments | — | — | — | — | — | — | ($33.2m) | ($11.5m) | ($4.7m) | ($3.8m) | ($6.3m) | |
| Issuance Of Capital Stock | — | — | — | — | — | $156.0m | $31.4m | $0 | $112.1m | — | $104.7m | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($1.8m) | ($11.5m) | $107.4m | ($3.8m) | ($6.3m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($33.2m) | ($11.5m) | ($101.7m) | ($14.4m) | ($11.7m) | |
| Dividends Payable | — | — | — | $9.2m | — | $11.4m | $11.6m | $11.6m | $13.2m | $13.6m | — | |
| Cash Dividends Paid | — | — | — | — | — | — | ($51.5m) | ($50.8m) | ($51.2m) | ($51.6m) | ($51.9m) | |
| Preferred Stock Dividend Paid | — | — | — | — | — | — | ($7.1m) | ($7.1m) | ($5.5m) | ($486k) | ($281k) | |
| Proceeds from (Payments for) Other Financing Activities | — | — | ($7.9m) | ($34k) | ($164k) | ($367k) | ($404k) | ($185k) | ($137k) | ($541k) | — | |
| Net Other Financing Charges | — | — | — | — | — | — | ($13.4m) | ($9.8m) | ($9.2m) | ($13.9m) | ($14.0m) | |
| Net Cash Provided by (Used in) Financing Activities | ($183.0m) |
($314.1m)
-71.61%
|
($176.0m)
+43.96%
|
($49.8m)
+71.72%
|
$64.9m
+230.46%
|
$214.5m
+230.37%
|
$41.4m
-80.71%
|
($212.4m)
-613.31%
|
($43.7m)
+79.43%
|
($69.1m)
-58.14%
|
($254.2m)
-268.03%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | ($40.7m) | $26.9m | ($38.8m) | $31.3m | ($26.7m) | ($2.6m) | $3.9m | $2.5m | $10.4m | |
| Beginning Cash Position | — | — | — | — | — | — | $38.6m | $11.9m | $9.3m | $13.1m | $18.2m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $16.1m | $46.1m | $7.3m | $38.6m | $11.9m | $9.3m | $13.1m | $15.7m | $10.4m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $39.7m | $34.4m | $35.8m | $28.7m | $26.1m | $26.5m | $31.3m | $34.2m | $33.5m | $40.7m | — | |
| Additional Financial Items | ||||||||||||
| Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax | $33.4m | $74.8m | $183.7m | $97.6m | $25.5m | $27.5m | — | — | — | — | — | |
| Gain (Loss) on Sale of Properties | — | — | — | — | $25.5m | ($27.5m) | ($41k) | ($71.2m) | $577k | ($79.5m) | — | |
| Gain (Loss) Related to Litigation Settlement | — | — | $0 | $6.6m | $6.6m | $0 | $0 | ($3.9m) | $0 | $0 | — | |
| Gains (Losses) on Sales of Investment Real Estate | — | — | — | — | — | — | $41k | $71.2m | ($577k) | $79.5m | — | |
| General and Administrative Expense | $11.3m | $12.1m | $14.2m | $14.4m | $13.4m | $16.2m | $17.5m | $20.1m | $17.8m | $20.9m | — | |
| Goodwill | $1.7m | $1.6m | $1.6m | $1.1m | $986k | $866k | $866k | $491k | $491k | $316k | $32.9m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $20.6m | ($17.3m) | ($30.3m) | $78.7m | $4.4m | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $19.3m | ($38.1m) | ($37.2m) | $84.8m | $4.7m | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $57.3m | $68.7m | $164.8m | $0 | $0 | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | $51.4m | $60.7m | $147.1m | $0 | $0 | — | — | — | — | — | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $37.3m | $44.9m | — | |
| Investment Income, Interest | $2.3m | $369k | $1.2m | — | — | — | — | — | — | — | — | |
| Proceeds from Noncontrolling Interests | $1.1m | $9.7m | $0 | $0 | — | — | — | — | — | $1.4m | — | |
| Real Estate Tax Expense | $20.2m | $23.6m | $18.7m | $21.1m | $21.5m | $24.1m | $28.6m | $28.8m | $26.9m | $28.6m | — | |
| Realized Investment Gains (Losses) | — | — | — | — | $25.5m | — | — | — | — | — | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | $41.4m | ($212.4m) | ($43.7m) | ($69.1m) | ($254.2m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($160.1m) | $120.2m | ($50.7m) | ($26.9m) | $154.5m | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($26.7m) | ($2.6m) | $3.9m | $2.5m | — | |
| Changes In Cash | — | — | — | — | — | — | ($26.7m) | ($2.6m) | $3.9m | $2.5m | ($7.8m) | |
| End Cash Position | — | — | — | — | — | — | $11.9m | $9.3m | $13.1m | $15.7m | $10.4m | |
| Financing Cash Flow | — | — | — | — | — | — | $41.4m |
($212.4m)
-613.31%
|
($43.7m)
+79.43%
|
($69.1m)
-58.14%
|
($254.2m)
-268.03%
|
|
| Free Cash Flow | — | — | — | — | — | — | $92.0m | $89.5m | $98.2m | $98.5m | $91.9m | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | ($159k) | ($70.3m) | $1.3m | ($79.1m) | ($79.1m) | |
| Investing Cash Flow | — | — | — | — | — | — | ($160.1m) | $120.2m | ($50.7m) | ($26.9m) | $154.5m | |
| Net Investment Properties Purchase And Sale | — | — | — | — | — | — | ($161.2m) | $122.2m | ($39.4m) | ($28.2m) | $153.2m | |
| Net Investment Purchase And Sale | — | — | — | — | — | $0 | $0 | — | — | — | $0 | |
| Net Preferred Stock Issuance | — | — | — | — | — | — | $0 | $0 | ($97.0m) | ($10.6m) | ($5.4m) | |
| Operating Gains Losses | — | — | — | — | — | — | ($159k) | ($70.3m) | $1.3m | ($79.0m) | ($79.0m) | |
| Other Non Cash Items | — | — | — | — | — | — | ($392k) | $1.7m | $1.8m | $923k | — | |
| Preferred Stock Payments | — | — | — | — | — | — | $0 | $0 | ($97.0m) | ($10.6m) | ($5.4m) | |
| Provisionand Write Offof Assets | — | — | — | — | — | — | $1.4m | $340k | $945k | $1.2m | $1.2m | |
| Purchase Of Investment Properties | — | — | — | — | — | — | ($161.2m) | ($101.1m) | ($57.7m) | ($240.4m) | ($88.5m) | |
| Sale Of Investment | — | — | — | — | — | $0 | $0 | — | — | — | $0 | |
| Sale Of Investment Properties | — | — | — | — | — | — | $41k | $223.3m | $18.3m | $212.2m | $0 | |
| Stock Based Compensation | — | — | — | — | — | — | $2.6m | $3.3m | $3.0m | $3.4m | $3.9m | |
| Unrealized Gain Loss On Investment Securities | — | — | — | — | — | $0 | $0 | — | — | — | $0 |