GMRE-PA: the cashflow

MyFinsight

For the quarter ending 2025-09-30, GMRE-PA had $898K increase in cash & cash equivalents over the period.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Cash Flow	2025-09-30
Net income	-736
Depreciation expense	32,827
Amortization of acquired lease intangible assets	10,582
Amortization of above market leases, net	505
Amortization of debt issuance costs and other	1,672
Stock-based compensation expense	3,086
Capitalized preacquisition and other costs charged to expense	58
(gain) loss on sale of investment properties	1,859
Impairment of investment property	6,281
Equity loss from unconsolidated joint venture	123
Other	-94
Tenant receivables	522
Deferred assets	1,094
Other assets and liabilities	1,830
Accounts payable and accrued expenses	2,602
Security deposits	188
Net cash provided by operating activities	51,977
Purchase of land, buildings, and other tangible and intangible assets and liabilities	70,468
Net proceeds from sale of investment property	12,695
Distribution of capital from unconsolidated joint venture	97
Escrow deposits for purchase of properties	-290
Advances made to related parties	-97
Capital expenditures on existing real estate investments	7,860
Leasing commissions	1,809
Net cash used in investing activities	-67,152
Repayment of notes payable	13,268
Proceeds from credit facility	115,400
Repayment of credit facility	40,300
Dividends paid to common stockholders, and op unit and ltip unit holders	41,393
Dividends paid to preferred stockholders	4,366
Net cash provided by financing activities	16,073
Net (decrease) increase in cash and cash equivalents and restricted cash	898
Cash and cash equivalents at beginning of period	8,942
Cash and cash equivalents at end of period	9,840

Unit: Thousand (K) dollars