For the quarter ending 2026-03-31, CUZ had $576K increase in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | -24,670 | -3,277 | 8,778 | 35,751 |
| Loss on investment property transaction | -47 | 0 | 0 | 0 |
| Depreciation and amortization | 108,406 | 107,083 | 105,272 | 203,004 |
| Amortization of deferred financing costs, debt premiums, and debt discounts, net | 1,218 | 1,177 | 1,213 | 2,100 |
| Equity-classified stock-based compensation expense, net of forfeitures | 6,016 | 3,342 | 3,372 | 9,741 |
| Effect of non-cash adjustments to rental revenues | 22,383 | 21,053 | 20,060 | 45,666 |
| Loss from unconsolidated joint ventures | -2,642 | -2,007 | -2,682 | -3,470 |
| Operating distributions from unconsolidated joint ventures | 232 | 150 | -33 | 1,343 |
| Operating property impairment | 36,600 | 13,286 | - | 0 |
| Land and related predevelopment cost impairment | - | 1,034 | - | - |
| Change in receivables and other assets, net | 4,112 | 2,895 | -1,138 | 7,003 |
| Change in operating liabilities, net | -63,536 | 13,618 | 18,129 | -35,428 |
| Net cash provided by operating activities | 40,460 | 114,472 | 120,491 | 167,312 |
| Capital expenditures | 59,659 | 86,771 | 54,187 | 126,273 |
| Property acquisitions | 317,261 | 0 | 210,008 | 37,837 |
| Proceeds from investment property sales, net | - | 0 | 0 | 0 |
| Proceeds from sale of other real estate | 37,683 | - | - | - |
| Proceeds from sale, maturity and collection of investments | - | 150,791 | - | - |
| Proceeds from borrower repayment of investments in real estate debt | -132,573 | - | 0 | 150,791 |
| Investments in real estate debt | 0 | 1,038 | 19,752 | 586 |
| Return of capital distributions from unconsolidated joint ventures | - | 0 | - | - |
| Contributions to unconsolidated joint ventures | 1,956 | 2,340 | 26,154 | 11,506 |
| Net cash provided by (used in) investing activities | -322,975 | -90,149 | -310,101 | -25,411 |
| Proceeds from credit facility | 898,000 | 134,000 | 157,514 | 231,601 |
| Repayment of credit facility | 807,500 | 101,714 | 73,801 | 343,931 |
| Bond issuance, net of original issue discount | 496,295 | 0 | 0 | 499,935 |
| Issuance of common stock | - | 0 | - | - |
| Repayment of term loans | 150,000 | 0 | 0 | - |
| Repayments of senior debt | - | 250,000 | - | - |
| Purchase of shares under share repurchase program | -159,956 | - | 250,000 | - |
| Repayment of mortgages | 1,725 | 1,710 | 1,696 | 3,348 |
| Repurchase of shares withheld for taxes on restricted stock vestings | 1,676 | 0 | 0 | 1,908 |
| Payment of deferred financing costs | 4,471 | 1 | 438 | 5,364 |
| Payment of issuance of common stock costs | - | 361 | 0 | -315 |
| Proceeds from sale of treasury stock | - | 0 | - | - |
| Common dividends paid | 55,305 | 53,748 | 53,752 | 108,302 |
| Contributions from noncontrolling interests | 0 | 0 | 0 | 7 |
| Distributions to noncontrolling interests | 483 | 466 | 382 | 785 |
| Equity issuances | 0 | - | - | 0 |
| Net cash provided by (used in) financing activities | 283,091 | -23,278 | -222,555 | 267,590 |
| Net increase (decrease) in cash and cash equivalents | 576 | 1,045 | -412,165 | 409,491 |
| Cash and cash equivalents at beginning of period | 5,720 | 4,675 | 7,349 | - |
| Cash and cash equivalents at end of period | 6,296 | 5,720 | 4,675 | - |
COUSINS PROPERTIES INC (CUZ)
COUSINS PROPERTIES INC (CUZ)