For the quarter ending 2025-09-30, SITC had -$24,204K decrease in cash & cash equivalents over the period.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Operating cash distributions from joint ventures | - | 61 |
| Net (loss) income | -6,158 | 49,589 |
| Depreciation and amortization | 10,768 | 26,173 |
| Stock-based compensation | 343 | 701 |
| Amortization and write-off of debt issuance costs, commitment fees, and fair market value of debt adjustments | 1,153 | 1,891 |
| Gain on debt retirement | 0 | 0 |
| Loss on derivative instruments | 0 | 0 |
| Equity in net loss (income) of joint ventures | -499 | -29 |
| Gain on sale and change in control of interests | 0 | 0 |
| Gain on disposition of real estate, net | 108,401 | 54,265 |
| Impairment charges | 106,570 | 0 |
| Loss on abandoned tenant lease costs | 0 | -911 |
| Assumption of building due to ground lease termination | 0 | 0 |
| Net change in accounts receivable | -1,601 | -6,308 |
| Net change in accounts payable and accrued expenses | 885 | -3,176 |
| Net change in other operating assets and liabilities | 2,048 | 5,289 |
| Total adjustments | 11,309 | -26,656 |
| Net cash flow provided by operating activities | 5,151 | 22,933 |
| Real estate acquired, net of liabilities and cash assumed | 0 | 0 |
| Real estate developed and improvements to operating real estate | 4,312 | 5,013 |
| Proceeds from disposition of real estate | 266,126 | 91,420 |
| Equity contributions to joint ventures | 1 | 8 |
| Repayment of joint venture advance | 0 | 0 |
| Distributions from unconsolidated joint ventures | 61 | 439 |
| Net cash flow provided by investing activities | 261,874 | 86,838 |
| Proceeds from mortgage debt | 0 | - |
| Payment of debt issuance costs | 0 | 6 |
| Payment of loan commitment fees | 0 | 0 |
| Prepayment of curbline loan costs | 0 | - |
| Repayment of senior notes | 0 | 0 |
| Repayment of mortgage debt and term loan | 40,757 | 14,724 |
| Payment of debt extinguishment costs | 136 | 92 |
| Proceeds from terminations of derivatives | 0 | - |
| Repurchase of common shares in conjunction with equity award plans and dividend reinvestment plan | 0 | -93 |
| Dividends paid | 250,336 | 0 |
| Net cash flow used for financing activities | -291,229 | -14,915 |
| Net increase in cash, cash equivalents and restricted cash | -24,204 | 94,856 |
| Cash and cash equivalents at beginning of period | 67,666 | - |
| Cash and cash equivalents at end of period | 138,318 | - |
SITE Centers Corp. (SITC)
SITE Centers Corp. (SITC)