American Homes 4 Rent Quarterly Cash Flow Statements Chart
Quarterly
|
Annual
American Homes 4 Rent Quarterly Cash Flow Statements Table
Quarterly
|
Annual
Unit: USD | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
operating activities | ||||||||||||||||||||||||||||||||||||||||
net income | 123,624,000 | 128,713,000 | 143,873,000 | 87,640,000 | 108,534,000 | 128,095,000 | 90,937,000 | 88,092,000 | 115,414,000 | 137,699,000 | 103,791,000 | 61,665,000 | 74,555,000 | 70,014,000 | 61,323,000 | 48,501,000 | 51,814,000 | 48,921,000 | 45,342,000 | 40,153,000 | 31,807,000 | 37,527,000 | 41,464,000 | 41,401,000 | 40,304,000 | 33,091,000 | 34,734,000 | 30,281,000 | 25,898,000 | 21,525,000 | 30,533,000 | 19,097,000 | 15,066,000 | 11,796,000 | 9,338,000 | -167,000 | -3,753,000 | 5,028,000 | -11,347,000 | -19,938,000 |
adjustments to reconcile net income to net cash from operating activities: | ||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 126,939,000 | 124,928,000 | 123,990,000 | 119,691,000 | 117,603,000 | 115,726,000 | 115,771,000 | 114,863,000 | 113,199,000 | 112,717,000 | 112,843,000 | 109,319,000 | 104,415,000 | 99,954,000 | 97,166,000 | 94,494,000 | 91,117,000 | 90,071,000 | 88,500,000 | 86,996,000 | 84,836,000 | 82,821,000 | 83,219,000 | 82,073,000 | 82,840,000 | 81,161,000 | 81,123,000 | 79,940,000 | 78,319,000 | 79,303,000 | 75,831,000 | 74,790,000 | 72,716,000 | 73,953,000 | 74,164,000 | 75,392,000 | 79,604,000 | 69,517,000 | 62,163,000 | 67,800,000 |
noncash amortization of deferred financing costs, debt discounts and cash flow hedging instruments | 2,463,000 | 2,485,000 | 2,523,000 | 3,006,000 | 2,904,000 | 3,056,000 | 3,086,000 | 3,085,000 | 3,065,000 | 3,043,000 | 3,085,000 | 3,086,000 | 3,049,000 | 2,453,000 | ||||||||||||||||||||||||||
noncash share-based compensation | 6,473,000 | 7,661,000 | 4,832,000 | 5,743,000 | 10,484,000 | 9,925,000 | 4,622,000 | 6,416,000 | 8,508,000 | 5,824,000 | 3,580,000 | 5,680,000 | 10,643,000 | 7,405,000 | 3,473,000 | 3,058,000 | 3,151,000 | 8,110,000 | 3,766,000 | 2,170,000 | 2,090,000 | 1,808,000 | 1,299,000 | 1,288,000 | 1,269,000 | 952,000 | 683,000 | 832,000 | 943,000 | 975,000 | 1,037,000 | 1,116,000 | 1,121,000 | 938,000 | 892,000 | 891,000 | 983,000 | 870,000 | 782,000 | 913,000 |
loss on early extinguishment of debt | 0 | 216,000 | 0 | 5,306,000 | 63,000 | 954,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||||||||||
equity in net (income) loss of unconsolidated entities | ||||||||||||||||||||||||||||||||||||||||
return on investment from unconsolidated joint ventures | 0 | 1,659,000 | 0 | 942,000 | 1,557,000 | 0 | 934,000 | 791,000 | 1,388,000 | 2,598,000 | ||||||||||||||||||||||||||||||
gain on sale and impairment of single-family properties and other | -51,908,000 | -62,016,000 | -80,266,000 | -32,697,000 | -43,892,000 | -68,901,000 | -29,082,000 | -33,335,000 | -62,758,000 | -84,659,000 | -57,407,000 | -24,197,000 | -32,811,000 | -22,044,000 | -13,295,000 | -9,572,000 | -10,760,000 | -16,069,000 | ||||||||||||||||||||||
other changes in operating assets and liabilities: | ||||||||||||||||||||||||||||||||||||||||
rent and other receivables | 1,591,000 | -3,583,000 | 5,194,000 | -6,271,000 | 1,296,000 | -1,929,000 | 9,085,000 | -10,047,000 | 3,513,000 | -1,672,000 | 2,643,000 | -12,394,000 | 5,416,000 | -3,811,000 | 8,978,000 | -4,491,000 | -1,202,000 | -8,170,000 | 5,364,000 | -14,577,000 | -2,674,000 | -3,746,000 | 6,684,000 | -2,984,000 | -915,000 | -5,569,000 | 4,142,000 | -10,792,000 | -1,636,000 | -3,886,000 | 909,000 | -7,432,000 | -1,840,000 | -2,657,000 | 2,406,000 | -5,133,000 | -3,700,000 | -3,277,000 | 2,529,000 | |
prepaid expenses and other assets | -6,576,000 | 12,739,000 | -6,721,000 | 9,222,000 | 16,025,000 | -7,325,000 | -17,939,000 | -1,489,000 | -6,426,000 | 4,309,000 | -10,716,000 | 7,496,000 | 2,606,000 | -6,530,000 | -10,782,000 | 4,377,000 | 1,128,000 | 5,742,000 | -5,227,000 | 10,009,000 | 3,850,000 | -5,980,000 | -7,429,000 | 5,399,000 | -7,044,000 | -1,096,000 | -10,020,000 | 4,740,000 | 1,309,000 | -13,476,000 | -5,605,000 | 1,750,000 | 916,000 | -8,356,000 | -5,567,000 | -4,236,000 | 3,148,000 | 659,000 | -3,072,000 | -7,686,000 |
deferred leasing costs | -1,098,000 | -1,239,000 | -1,134,000 | -995,000 | -1,042,000 | -795,000 | -745,000 | -792,000 | -768,000 | -808,000 | -718,000 | -689,000 | -644,000 | -535,000 | -750,000 | -792,000 | -905,000 | -975,000 | -1,011,000 | -1,157,000 | -992,000 | -910,000 | -851,000 | -1,115,000 | -1,130,000 | -999,000 | -3,047,000 | -3,722,000 | -3,111,000 | -2,723,000 | -2,029,000 | -1,960,000 | -1,919,000 | -1,482,000 | -1,806,000 | -2,119,000 | -2,151,000 | -1,929,000 | -1,844,000 | |
accounts payable and accrued expenses | 70,911,000 | 9,906,000 | -91,426,000 | 42,653,000 | 60,217,000 | 22,918,000 | -60,406,000 | 42,159,000 | 38,585,000 | 23,926,000 | -90,622,000 | 60,350,000 | 62,642,000 | 11,245,000 | -50,959,000 | 29,132,000 | 43,097,000 | 23,242,000 | -82,208,000 | 35,624,000 | 42,380,000 | 18,397,000 | -78,094,000 | 21,009,000 | 32,483,000 | 42,010,000 | -75,666,000 | 26,377,000 | 31,911,000 | 29,150,000 | -61,511,000 | 30,358,000 | 18,917,000 | 22,050,000 | -61,211,000 | 35,849,000 | 16,082,000 | -4,011,000 | -21,557,000 | 20,917,000 |
amounts due from related parties | 394,000 | 1,019,000 | 1,770,000 | -192,000 | 754,000 | -828,000 | -1,925,000 | -384,000 | 460,000 | 1,428,000 | 1,248,000 | 7,363,000 | -10,026,000 | -529,000 | 88,000 | -548,000 | 645,000 | -338,000 | 736,000 | -545,000 | ||||||||||||||||||||
net cash from operating activities | 271,858,000 | 223,403,000 | 102,187,000 | 233,568,000 | 274,000,000 | 201,780,000 | 115,315,000 | 207,698,000 | 215,209,000 | 200,467,000 | 68,730,000 | 217,792,000 | 220,254,000 | 158,742,000 | 97,007,000 | 166,406,000 | 179,790,000 | 151,997,000 | 46,689,000 | 148,207,000 | 152,708,000 | 126,496,000 | 37,472,000 | 132,923,000 | 139,556,000 | 147,936,000 | 34,419,000 | 126,498,000 | 137,474,000 | 112,491,000 | 36,586,000 | 124,169,000 | 115,169,000 | 110,037,000 | 35,946,000 | 93,538,000 | 93,980,000 | 55,403,000 | 45,416,000 | 52,122,000 |
investing activities | ||||||||||||||||||||||||||||||||||||||||
cash paid for single-family properties | -1,549,000 | -4,009,000 | -483,899,000 | -5,047,000 | -2,483,000 | -4,483,000 | -6,922,000 | -2,681,000 | -258,000 | -2,923,000 | -12,729,000 | -51,193,000 | -242,530,000 | -288,719,000 | -216,277,000 | -354,778,000 | -196,898,000 | -82,118,000 | -98,640,000 | -33,861,000 | -34,197,000 | -102,575,000 | -42,604,000 | -6,522,000 | -13,621,000 | -57,740,000 | -156,543,000 | -126,945,000 | -56,463,000 | -149,674,000 | -321,791,000 | -235,938,000 | -153,315,000 | -73,622,000 | -64,955,000 | -125,920,000 | -27,785,000 | -34,181,000 | -56,008,000 | |
change in escrow deposits for purchase of single-family properties | 350,000 | -3,241,000 | 11,352,000 | -11,486,000 | -68,000 | 5,684,000 | 2,120,000 | 2,250,000 | -430,000 | 988,000 | 11,939,000 | 2,267,000 | -10,000 | 6,235,000 | -6,187,000 | -17,659,000 | -3,818,000 | -5,341,000 | -2,978,000 | -740,000 | 1,085,000 | 2,259,000 | -2,628,000 | -4,345,000 | 672,000 | -870,000 | 4,012,000 | 2,163,000 | -242,000 | -4,115,000 | -6,227,000 | -1,002,000 | -636,000 | -1,072,000 | 509,000 | |||||
net proceeds received from sales of single-family properties and other | 138,165,000 | 142,128,000 | 190,261,000 | 103,101,000 | 123,718,000 | 156,102,000 | 85,120,000 | 72,465,000 | 127,368,000 | 184,510,000 | 129,214,000 | 50,293,000 | 61,595,000 | 51,407,000 | 30,661,000 | 26,960,000 | 28,147,000 | 46,304,000 | 43,533,000 | 56,150,000 | 47,626,000 | 81,257,000 | 70,428,000 | 64,330,000 | 54,253,000 | 32,919,000 | 58,400,000 | 17,615,000 | 18,175,000 | 11,967,000 | 18,445,000 | 14,386,000 | 22,926,000 | 31,306,000 | ||||||
proceeds from notes receivable related to the sale of properties | 115,000 | 19,000 | 170,000 | 72,000 | 168,000 | 130,000 | 35,000 | 314,000 | 325,000 | 24,000 | 76,000 | 828,000 | ||||||||||||||||||||||||||||
investment in unconsolidated joint ventures | -4,841,000 | -3,336,000 | -4,142,000 | -5,826,000 | -8,596,000 | -1,116,000 | -95,000 | -8,241,000 | -8,005,000 | -4,549,000 | -7,465,000 | -5,294,000 | -8,518,000 | -6,146,000 | -6,606,000 | -7,990,000 | -14,167,000 | -10,512,000 | -4,155,000 | -1,000,000 | -8,346,000 | -2,503,000 | -9,997,000 | |||||||||||||||||
distributions from unconsolidated entities | 17,583,000 | 963,000 | ||||||||||||||||||||||||||||||||||||||
renovations to single-family properties | -14,117,000 | -7,456,000 | -4,281,000 | -8,241,000 | -10,726,000 | -10,804,000 | -16,251,000 | -8,995,000 | -6,156,000 | -8,735,000 | -17,407,000 | -25,651,000 | -33,240,000 | -21,721,000 | -19,447,000 | -14,924,000 | -4,241,000 | -9,069,000 | -5,946,000 | -2,976,000 | -7,188,000 | -858,000 | -2,551,000 | -12,857,000 | -10,674,000 | -7,677,000 | -18,202,000 | -4,181,000 | -5,411,000 | -12,118,000 | ||||||||||
recurring and other capital expenditures for single-family properties | -30,747,000 | -30,942,000 | -40,554,000 | -31,180,000 | -26,213,000 | -23,804,000 | -27,804,000 | -38,808,000 | -35,859,000 | -31,705,000 | -40,016,000 | -44,993,000 | -29,585,000 | -24,185,000 | -32,138,000 | -33,834,000 | -30,546,000 | -26,033,000 | -25,742,000 | -32,642,000 | -25,211,000 | -21,224,000 | -19,414,000 | -18,736,000 | -17,628,000 | -15,703,000 | -13,995,000 | -17,139,000 | -12,164,000 | -11,167,000 | ||||||||||
cash paid for development activity | -218,755,000 | -193,696,000 | -194,083,000 | -218,873,000 | -223,418,000 | -209,477,000 | -271,025,000 | -255,856,000 | -239,369,000 | -213,598,000 | -213,659,000 | -234,127,000 | -229,016,000 | -244,621,000 | -299,363,000 | -215,178,000 | -168,088,000 | -141,618,000 | -143,745,000 | -148,826,000 | -132,713,000 | -138,957,000 | -146,873,000 | -96,676,000 | -59,732,000 | -79,990,000 | ||||||||||||||
proceeds from asset-backed securitization certificates | 0 | 0 | 0 | 25,666,000 | ||||||||||||||||||||||||||||||||||||
other investing activities | -6,920,000 | -8,119,000 | -8,554,000 | -6,999,000 | -7,448,000 | -6,157,000 | -7,689,000 | -10,182,000 | -8,465,000 | -12,416,000 | -13,549,000 | |||||||||||||||||||||||||||||
net cash from investing activities | -120,716,000 | -107,689,000 | -532,828,000 | -184,736,000 | -40,166,000 | -68,146,000 | -227,262,000 | -227,494,000 | -164,910,000 | -72,912,000 | -157,848,000 | -314,143,000 | -440,747,000 | -512,764,000 | -542,004,000 | -606,303,000 | -376,928,000 | -208,230,000 | -205,833,000 | -114,626,000 | -143,252,000 | -179,214,000 | -152,770,000 | -54,063,000 | -39,164,000 | -130,869,000 | -192,497,000 | -156,284,000 | -103,996,000 | -221,631,000 | -350,583,000 | -264,380,000 | -152,519,000 | -69,997,000 | -70,363,000 | -41,847,000 | -33,868,000 | -376,320,000 | -141,016,000 | |
financing activities | ||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of class a common shares | 109,825,000 | 0 | 0 | 33,249,000 | 100,228,000 | 0 | 0 | 298,372,000 | 0 | 185,632,000 | 0 | 375,840,000 | 135,770,000 | 399,000,000 | 0 | 0 | 339,176,000 | 4,977,000 | 350,612,000 | |||||||||||||||||||||
payments of class a common share issuance costs | -223,000 | 0 | 0 | -34,000 | 0 | 0 | 0 | -200,000 | 0 | 0 | 0 | -193,000 | -10,094,000 | -114,000 | -236,000 | |||||||||||||||||||||||||
proceeds from issuances under share-based compensation plans | 3,603,000 | 445,000 | 2,547,000 | 424,000 | 2,028,000 | 1,423,000 | 2,086,000 | 873,000 | 3,549,000 | 31,000 | 1,612,000 | 1,807,000 | 77,000 | 1,439,000 | ||||||||||||||||||||||||||
payments related to tax withholding for share-based compensation | -828,000 | -10,815,000 | -174,000 | -33,000 | -873,000 | -7,936,000 | -124,000 | -28,000 | -41,000 | -3,773,000 | -1,000 | -731,000 | -22,000 | -4,058,000 | -16,000 | -10,000 | -14,000 | -2,642,000 | -13,000 | -12,000 | -14,000 | -1,612,000 | 0 | 1,909,000 | ||||||||||||||||
payments on asset-backed securitizations | -1,486,000 | -496,593,000 | -3,379,000 | -476,773,000 | -5,894,000 | -466,145,000 | -5,937,000 | -5,534,000 | -6,234,000 | -6,765,000 | -5,699,000 | -5,607,000 | -5,401,000 | -5,876,000 | -6,250,000 | -5,783,000 | -6,160,000 | -6,118,000 | -5,391,000 | -5,347,000 | -6,328,000 | -5,435,000 | -5,230,000 | -5,551,000 | -5,180,000 | -5,556,000 | -5,178,000 | -5,179,000 | -5,178,000 | -5,312,000 | -5,409,000 | -5,677,000 | -460,562,000 | -6,231,000 | -7,086,000 | -361,269,000 | -6,381,000 | -6,381,000 | -5,982,000 | |
proceeds from revolving credit facility | 0 | 410,000,000 | 130,000,000 | 70,000,000 | 0 | 420,000,000 | 350,000,000 | 270,000,000 | 710,000,000 | 80,000,000 | 0 | 0 | 25,000,000 | 105,000,000 | 250,000,000 | 55,000,000 | 0 | 100,000,000 | 0 | |||||||||||||||||||||
payments on revolving credit facility | -400,000,000 | 0 | 0 | -90,000,000 | -110,000,000 | 0 | 0 | -130,000,000 | 0 | -70,000,000 | -410,000,000 | -360,000,000 | 0 | -890,000,000 | 0 | 0 | 0 | 0 | -250,000,000 | 0 | -55,000,000 | 0 | -240,000,000 | -92,000,000 | ||||||||||||||||
proceeds from unsecured senior notes, net of discount | 497,419,000 | 0 | 497,275,000 | 599,358,000 | 0 | 0 | 0 | 0 | 0 | 0 | 397,944,000 | 0 | 0 | 0 | 497,210,000 | |||||||||||||||||||||||||
settlement of cash flow hedging instruments | ||||||||||||||||||||||||||||||||||||||||
payments related to liabilities to repurchase consolidated land not owned | -5,746,000 | -18,868,000 | -34,138,000 | -11,481,000 | -12,200,000 | -24,182,000 | ||||||||||||||||||||||||||||||||||
distributions to noncontrolling interests | -15,231,000 | -15,383,000 | -13,322,000 | -13,329,000 | -13,318,000 | -13,318,000 | -11,297,000 | -11,263,000 | -11,263,000 | -11,248,000 | -9,241,000 | -9,218,000 | -9,088,000 | -9,306,000 | -5,137,000 | -5,137,000 | -5,138,000 | -7,758,000 | 0 | -2,602,000 | -2,601,000 | -5,178,000 | 0 | -5,212,000 | -2,741,000 | -2,748,000 | -2,768,000 | -2,767,000 | -79,000 | -5,457,000 | 0 | -2,778,000 | -2,776,000 | -2,779,000 | -2,778,000 | -2,677,000 | -2,914,000 | -2,991,000 | -5,420,000 | |
distributions to common shareholders | -111,604,000 | -112,372,000 | -96,409,000 | -95,608,000 | -95,604,000 | -95,914,000 | -79,909,000 | -79,889,000 | -79,869,000 | -79,831,000 | -63,817,000 | -62,908,000 | -63,146,000 | -62,635,000 | -33,965,000 | -32,397,000 | -32,320,000 | -47,561,000 | -32,000 | -15,814,000 | -15,107,000 | -30,114,000 | 0 | -30,111,000 | -14,889,000 | -14,832,000 | -14,846,000 | -14,822,000 | -14,365,000 | -14,337,000 | -11,000 | -13,718,000 | -12,958,000 | -12,214,000 | -12,174,000 | -11,959,000 | -11,916,000 | -12,122,000 | -10,403,000 | |
distributions to preferred shareholders | -3,486,000 | -3,486,000 | -3,486,000 | -3,486,000 | -3,486,000 | -3,486,000 | -3,486,000 | -3,486,000 | -3,486,000 | -3,486,000 | -3,486,000 | -3,486,000 | -4,346,000 | -5,763,000 | -5,763,000 | -5,763,000 | -12,615,000 | -13,782,000 | -13,782,000 | -13,782,000 | -13,782,000 | -13,782,000 | -13,782,000 | -27,564,000 | -26,005,000 | -11,984,000 | -14,597,000 | -14,597,000 | 0 | -17,253,000 | -15,282,000 | -13,587,000 | -13,587,000 | -13,669,000 | -7,412,000 | -5,569,000 | -5,569,000 | |||
deferred financing costs paid | -4,247,000 | -12,343,000 | -3,407,000 | -5,219,000 | -10,000 | 21,000 | 0 | -6,815,000 | 0 | 0 | 0 | -3,572,000 | 0 | 0 | -75,000 | -5,025,000 | 0 | -44,000 | -51,000 | -10,035,000 | -350,000 | -40,000 | -172,000 | |||||||||||||||||
net cash from financing activities | 96,600,000 | -247,072,000 | 463,008,000 | -612,629,000 | 364,521,000 | -72,204,000 | 91,161,000 | -99,327,000 | -97,344,000 | 63,300,000 | 49,358,000 | 131,906,000 | 235,678,000 | 369,235,000 | 434,770,000 | 458,355,000 | 168,570,000 | 3,260,000 | -17,806,000 | 247,201,000 | -9,940,000 | 50,328,000 | -18,593,000 | -65,760,000 | -128,229,000 | 120,466,000 | 67,128,000 | 83,436,000 | -181,119,000 | 286,472,000 | 133,699,000 | 307,483,000 | -397,660,000 | 340,578,000 | 67,068,000 | -215,752,000 | 138,819,000 | 334,669,000 | -85,131,000 | 262,032,000 |
net increase in cash, cash equivalents and restricted cash | 247,742,000 | -131,358,000 | 32,367,000 | -563,797,000 | 598,355,000 | 61,430,000 | -20,786,000 | -119,123,000 | -47,045,000 | 190,855,000 | -39,760,000 | 35,555,000 | 15,185,000 | 15,213,000 | -10,227,000 | -176,950,000 | 280,782,000 | -484,000 | -2,390,000 | 13,100,000 | -27,837,000 | 137,533,000 | -90,950,000 | 53,650,000 | -147,641,000 | 177,332,000 | -180,298,000 | 167,272,000 | -435,010,000 | 380,618,000 | ||||||||||
cash, cash equivalents and restricted cash, beginning of period | 0 | 350,216,000 | 0 | 0 | 0 | 221,861,000 | 0 | 0 | 0 | 217,960,000 | 0 | 0 | 0 | 191,767,000 | 0 | 0 | 0 | 265,077,000 | 0 | 0 | 0 | 164,119,000 | 0 | 0 | 0 | 175,214,000 | 0 | 0 | 0 | 182,823,000 | 0 | 0 | 0 | 250,241,000 | ||||||
cash, cash equivalents and restricted cash, end of period | 247,742,000 | 218,858,000 | 32,367,000 | -563,797,000 | 598,355,000 | 283,291,000 | -20,786,000 | -119,123,000 | -47,045,000 | 408,815,000 | -39,760,000 | 35,555,000 | 15,185,000 | 206,980,000 | -10,227,000 | 18,458,000 | -28,568,000 | 212,104,000 | -176,950,000 | 280,782,000 | -484,000 | 161,729,000 | -133,891,000 | 13,100,000 | -27,837,000 | 312,747,000 | -90,950,000 | 53,650,000 | -147,641,000 | 360,155,000 | -180,298,000 | 167,272,000 | -435,010,000 | 630,859,000 | ||||||
equity in net income of unconsolidated entities | 915,000 | |||||||||||||||||||||||||||||||||||||||
equity in net income (income) of unconsolidated entities | -448,000 | -480,000 | ||||||||||||||||||||||||||||||||||||||
proceeds received from storm-related insurance claims | 1,865,000 | 0 | 0 | 452,000 | 1,529,000 | |||||||||||||||||||||||||||||||||||
distributions from joint ventures | 902,000 | 396,000 | 114,900,000 | 113,000 | 13,384,000 | 21,197,000 | 2,212,000 | 10,943,000 | 10,150,000 | 19,813,000 | 15,760,000 | 22,587,000 | 10,623,000 | 12,555,000 | 8,479,000 | 25,893,000 | 47,854,000 | 63,914,000 | 16,352,000 | 887,000 | 5,168,000 | 11,079,000 | 6,032,000 | 282,000 | 666,000 | 33,811,000 | 1,210,000 | 1,230,000 | ||||||||||||
cash paid for deposits on land option contracts | 0 | 0 | -3,862,000 | |||||||||||||||||||||||||||||||||||||
redemption of perpetual preferred shares | 0 | 0 | 0 | 0 | ||||||||||||||||||||||||||||||||||||
proceeds from liabilities related to consolidated land not owned | 0 | 26,396,000 | 14,027,000 | 19,794,000 | ||||||||||||||||||||||||||||||||||||
equity in net income (income) of unconsolidated joint ventures | 884,000 | |||||||||||||||||||||||||||||||||||||||
equity in net income of unconsolidated joint ventures | 354,000 | -870,000 | 629,000 | -1,340,000 | -678,000 | -979,000 | -1,478,000 | |||||||||||||||||||||||||||||||||
settlement of cash flow hedging instrument | 0 | 0 | 0 | 0 | 9,628,000 | |||||||||||||||||||||||||||||||||||
equity in net (income) losses of unconsolidated joint ventures | -735,000 | -215,000 | -294,000 | -366,000 | ||||||||||||||||||||||||||||||||||||
other purchases of productive assets | -9,492,000 | -10,384,000 | -5,460,000 | -5,292,000 | -3,357,000 | -8,258,000 | -6,002,000 | -5,133,000 | -5,148,000 | -2,411,000 | -5,950,000 | -42,000 | -89,000 | -40,000 | 146,319,000 | -54,121,000 | -41,882,000 | -53,472,000 | -16,988,000 | -21,124,000 | -3,226,000 | -13,710,000 | ||||||||||||||||||
payments received on notes for sale of properties | 402,000 | |||||||||||||||||||||||||||||||||||||||
proceeds received from hurricane-related insurance claims | 2,849,000 | 0 | 0 | 297,000 | 3,408,000 | 0 | 522,000 | 0 | 0 | 4,000,000 | ||||||||||||||||||||||||||||||
proceeds from exercise of stock options | 131,000 | 2,064,000 | 909,000 | 1,121,000 | 1,412,000 | 1,258,000 | 2,892,000 | 1,449,000 | 419,000 | 769,000 | -870,000 | 1,600,000 | 258,000 | 394,000 | 1,095,000 | 1,345,000 | 337,000 | 26,000 | ||||||||||||||||||||||
payments on term loan facility | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||||||||||||||||||||
noncash amortization of deferred financing costs, debt discounts and cash flow hedging instrument | 2,462,000 | 1,999,000 | 1,829,000 | 1,867,000 | 1,867,000 | 1,848,000 | 1,849,000 | |||||||||||||||||||||||||||||||||
net decrease in cash, cash equivalents and restricted cash | -28,568,000 | -52,973,000 | ||||||||||||||||||||||||||||||||||||||
benefit from bad debt | 1,740,000 | 1,768,000 | 2,367,000 | 2,749,000 | 1,616,000 | 2,000,000 | 2,186,000 | 2,299,000 | 1,333,000 | 1,510,000 | 1,877,000 | 2,609,000 | 1,414,000 | 1,069,000 | 972,000 | 2,220,000 | ||||||||||||||||||||||||
remeasurement of participating preferred shares | 0 | 0 | 0 | -1,212,000 | -1,500,000 | -8,391,000 | 1,640,000 | 5,410,000 | ||||||||||||||||||||||||||||||||
equity in net incomees (income) of unconsolidated joint ventures | -189,000 | |||||||||||||||||||||||||||||||||||||||
net gain on sale of single-family properties and other | -10,356,000 | -12,422,000 | -10,651,000 | -10,765,000 | -10,978,000 | -13,521,000 | -13,725,000 | -5,649,000 | -7,497,000 | -4,953,000 | -3,240,000 | -2,256,000 | -451,000 | -1,895,000 | -2,454,000 | -2,026,000 | ||||||||||||||||||||||||
loss on impairment of single-family properties and other | 105,000 | 216,000 | 654,000 | 4,446,000 | ||||||||||||||||||||||||||||||||||||
proceeds from issuance of perpetual preferred shares | 0 | 0 | 115,000,000 | 0 | ||||||||||||||||||||||||||||||||||||
payments of perpetual preferred share issuance costs | -272,000 | 0 | -4,020,000 | |||||||||||||||||||||||||||||||||||||
repurchase of class a common shares | 0 | 0 | 0 | -34,969,000 | 0 | 0 | -20,053,000 | -76,045,000 | ||||||||||||||||||||||||||||||||
payments on secured note payable | 0 | 0 | -49,172,000 | -255,000 | -248,000 | -239,000 | -237,000 | -245,000 | -237,000 | -230,000 | -227,000 | -230,000 | ||||||||||||||||||||||||||||
payments on exchangeable senior notes | ||||||||||||||||||||||||||||||||||||||||
supplemental cash flow information | ||||||||||||||||||||||||||||||||||||||||
cash payments for interest, net of amounts capitalized | -24,114,000 | -33,279,000 | ||||||||||||||||||||||||||||||||||||||
supplemental schedule of noncash investing and financing activities | ||||||||||||||||||||||||||||||||||||||||
accrued property renovations and development expenditures | ||||||||||||||||||||||||||||||||||||||||
transfers of completed homebuilding deliveries to properties | 29,345,000 | 27,326,000 | ||||||||||||||||||||||||||||||||||||||
property and land contributions to unconsolidated joint ventures | ||||||||||||||||||||||||||||||||||||||||
note receivable related to a bulk sale of properties, net of discount | ||||||||||||||||||||||||||||||||||||||||
redemption of participating preferred shares | 0 | 0 | ||||||||||||||||||||||||||||||||||||||
noncash right-of-use assets obtained in exchange for operating lease liabilities | ||||||||||||||||||||||||||||||||||||||||
accrued distributions to affiliates | 200,000 | 20,000 | ||||||||||||||||||||||||||||||||||||||
accrued distributions to non-affiliates | 15,946,000 | 222,000 | ||||||||||||||||||||||||||||||||||||||
equity in net incomees of unconsolidated joint ventures | -141,000 | 1,231,000 | ||||||||||||||||||||||||||||||||||||||
amounts payable to affiliates | -182,000 | -553,000 | 273,000 | 123,000 | -73,000 | 2,388,000 | -2,430,000 | 2,000 | -10,000 | 182,000 | -38,000 | 167,000 | 4,880,000 | -3,859,000 | -175,000 | -304,000 | -4,946,000 | 10,162,000 | -7,932,000 | |||||||||||||||||||||
hurricane-related charges | -6,418,000 | |||||||||||||||||||||||||||||||||||||||
equity in earnings of unconsolidated joint ventures | ||||||||||||||||||||||||||||||||||||||||
loss on impairment of single-family properties | 580,000 | 1,650,000 | 929,000 | 504,000 | 3,062,000 | 560,000 | 1,536,000 | 700,000 | 894,000 | 1,299,000 | 1,558,000 | 929,000 | 3,503,000 | |||||||||||||||||||||||||||
net gain on resolutions of mortgage loans | 0 | -1,000 | -1,000 | -15,000 | -921,000 | |||||||||||||||||||||||||||||||||||
collections from mortgage financing receivables | 185,000 | 5,000 | 8,000 | 70,000 | 1,738,000 | |||||||||||||||||||||||||||||||||||
redemptions of class a common units | ||||||||||||||||||||||||||||||||||||||||
proceeds from term loan facility | 0 | 0 | 0 | 25,000,000 | 75,000,000 | |||||||||||||||||||||||||||||||||||
transfer of term loan borrowings to revolving credit facility | ||||||||||||||||||||||||||||||||||||||||
transfer of deferred financing costs from term loan to revolving credit facility | ||||||||||||||||||||||||||||||||||||||||
property and land contributions to an unconsolidated joint venture | 0 | |||||||||||||||||||||||||||||||||||||||
noncash amortization of deferred financing costs | 1,989,000 | 2,020,000 | 1,956,000 | 1,950,000 | 1,950,000 | 1,988,000 | 1,900,000 | 1,878,000 | 1,875,000 | 1,848,000 | 2,562,000 | 2,563,000 | 2,633,000 | 2,441,000 | 2,838,000 | 2,536,000 | 2,269,000 | |||||||||||||||||||||||
noncash amortization of discounts on debt instruments | 128,000 | 122,000 | 95,000 | 563,000 | 1,043,000 | 1,006,000 | 935,000 | |||||||||||||||||||||||||||||||||
noncash amortization of cash flow hedging instrument | -241,000 | -240,000 | -241,000 | -240,000 | -241,000 | -241,000 | -120,000 | |||||||||||||||||||||||||||||||||
equity in net earnings of unconsolidated joint ventures | ||||||||||||||||||||||||||||||||||||||||
equity in net incomees (earnings) of unconsolidated joint ventures | ||||||||||||||||||||||||||||||||||||||||
initial renovations to single-family properties | -6,786,000 | -9,727,000 | -11,481,000 | -7,868,000 | -12,630,000 | -20,400,000 | -22,425,000 | |||||||||||||||||||||||||||||||||
equity in net earnings of unconsolidated ventures | 26,000 | -123,000 | 164,000 | -273,000 | -314,000 | -275,000 | ||||||||||||||||||||||||||||||||||
share-based compensation (payments) proceeds | -770,000 | -414,000 | ||||||||||||||||||||||||||||||||||||||
gain on conversion of series e units to series d units | 0 | 0 | 0 | -11,463,000 | ||||||||||||||||||||||||||||||||||||
cash acquired in noncash business combinations | ||||||||||||||||||||||||||||||||||||||||
payoff of credit facility in connection with arpi merger | 0 | |||||||||||||||||||||||||||||||||||||||
net proceeds received from sales of non-performing loans | 2,648,000 | 28,133,000 | ||||||||||||||||||||||||||||||||||||||
purchase of commercial office buildings | 0 | |||||||||||||||||||||||||||||||||||||||
share-based compensation proceeds | 1,290,000 | 6,938,000 | ||||||||||||||||||||||||||||||||||||||
redemptions of class a units | 0 | 0 | 0 | -108,000 | 0 | -291,000 | ||||||||||||||||||||||||||||||||||
accounts payable and accrued expenses related to property acquisitions, renovations and construction | 2,028,000 | -1,086,000 | ||||||||||||||||||||||||||||||||||||||
conversion of nonperforming loans to properties | ||||||||||||||||||||||||||||||||||||||||
merger with arpi | ||||||||||||||||||||||||||||||||||||||||
single-family properties | ||||||||||||||||||||||||||||||||||||||||
escrow deposits, prepaid expenses and other assets | ||||||||||||||||||||||||||||||||||||||||
deferred costs and other intangibles | ||||||||||||||||||||||||||||||||||||||||
asset-backed securitization | ||||||||||||||||||||||||||||||||||||||||
exchangeable senior notes | ||||||||||||||||||||||||||||||||||||||||
class a common shares and units issued | ||||||||||||||||||||||||||||||||||||||||
investment in unconsolidated joint venture | ||||||||||||||||||||||||||||||||||||||||
noncash amortization of discount on exchangeable senior notes | 925,000 | 910,000 | 874,000 | 840,000 | 865,000 | 849,000 | 816,000 | 290,000 | ||||||||||||||||||||||||||||||||
noncash amortization of discount on arp 2014-sfr1 securitization | 0 | 625,000 | 833,000 | 286,000 | ||||||||||||||||||||||||||||||||||||
remeasurement of series e units | 1,356,000 | |||||||||||||||||||||||||||||||||||||||
purchase of outside interests in rj joint ventures | ||||||||||||||||||||||||||||||||||||||||
investments in mortgage financing receivables | -1,146,000 | |||||||||||||||||||||||||||||||||||||||
distributions from unconsolidated joint ventures | 3,311,000 | 3,837,000 | 952,000 | 1,192,000 | 1,947,000 | 630,000 | ||||||||||||||||||||||||||||||||||
proceeds from exercise of stock options, net of tax withholding | ||||||||||||||||||||||||||||||||||||||||
proceeds from asset-backed securitizations | 0 | 477,729,000 | ||||||||||||||||||||||||||||||||||||||
proceeds from revolving credit facilities | 0 | |||||||||||||||||||||||||||||||||||||||
payments on revolving credit facilities | -75,000,000 | |||||||||||||||||||||||||||||||||||||||
accounts payable and accrued expenses related to property acquisitions and renovations | ||||||||||||||||||||||||||||||||||||||||
other capital expenditures for single-family properties | -11,687,000 | -8,554,000 | -6,484,000 | -5,781,000 | -9,351,000 | -8,149,000 | -4,526,000 | -4,361,000 | ||||||||||||||||||||||||||||||||
equity in net (earnings) loss of unconsolidated ventures | -1,328,000 | -295,000 | ||||||||||||||||||||||||||||||||||||||
remeasurement of preferred shares | 4,080,000 | 2,490,000 | 150,000 | 300,000 | 2,530,000 | |||||||||||||||||||||||||||||||||||
net gain on sale of single-family properties | -1,995,000 | |||||||||||||||||||||||||||||||||||||||
beazer rental homes portfolio acquisition | ||||||||||||||||||||||||||||||||||||||||
ellington portfolio acquisition | ||||||||||||||||||||||||||||||||||||||||
net proceeds received from sales of single-family properties | 16,696,000 | 56,401,000 | 7,911,000 | 7,582,000 | ||||||||||||||||||||||||||||||||||||
payments of class a common share offering costs | ||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of participating preferred shares | ||||||||||||||||||||||||||||||||||||||||
payments of perpetual preferred shares issuance costs | ||||||||||||||||||||||||||||||||||||||||
amounts payable to affiliates related to property acquisitions | ||||||||||||||||||||||||||||||||||||||||
accrued distribution to series c convertible units | ||||||||||||||||||||||||||||||||||||||||
contribution of properties | ||||||||||||||||||||||||||||||||||||||||
issuance of class a units | ||||||||||||||||||||||||||||||||||||||||
acquisitions for equity | ||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | ||||||||||||||||||||||||||||||||||||||||
other net assets and liabilities | ||||||||||||||||||||||||||||||||||||||||
class a common shares issued | ||||||||||||||||||||||||||||||||||||||||
restricted cash | ||||||||||||||||||||||||||||||||||||||||
equity in net income of unconsolidated ventures | -679,000 | 29,000 | 232,000 | 206,000 | ||||||||||||||||||||||||||||||||||||
restricted cash for resident security deposits | 335,000 | 776,000 | -13,170,000 | -703,000 | ||||||||||||||||||||||||||||||||||||
change in other restricted cash | ||||||||||||||||||||||||||||||||||||||||
cash acquired in arpi merger | 0 | 0 | 15,499,000 | |||||||||||||||||||||||||||||||||||||
net increase in cash and cash equivalents | -164,061,000 | 198,931,000 | 13,752,000 | |||||||||||||||||||||||||||||||||||||
cash and cash equivalents, beginning of period | 0 | 0 | 57,686,000 | 0 | 0 | |||||||||||||||||||||||||||||||||||
cash and cash equivalents, end of period | -164,061,000 | 198,931,000 | 71,438,000 | -180,731,000 | 147,760,000 | |||||||||||||||||||||||||||||||||||
net income on sale / impairment of single-family properties | ||||||||||||||||||||||||||||||||||||||||
net gain on sale of non-performing loans | ||||||||||||||||||||||||||||||||||||||||
resident security deposit liability | -800,000 | 13,170,000 | 703,000 | 1,016,000 | ||||||||||||||||||||||||||||||||||||
escrow deposits for purchase of single-family properties | 137,000 | -467,000 | 935,000 | |||||||||||||||||||||||||||||||||||||
increase in other restricted cash | ||||||||||||||||||||||||||||||||||||||||
payoff of credit facility assumed in arpi merger | 0 | -350,000,000 | ||||||||||||||||||||||||||||||||||||||
purchase of commercial office building | ||||||||||||||||||||||||||||||||||||||||
net proceeds from issuance of class a common shares | 1,000 | 1,000 | ||||||||||||||||||||||||||||||||||||||
net proceeds from issuance of perpetual preferred shares | ||||||||||||||||||||||||||||||||||||||||
proceeds from credit facility | 105,000,000 | 521,000,000 | 28,000,000 | 171,000,000 | ||||||||||||||||||||||||||||||||||||
payments on credit facility | -401,000,000 | -83,000,000 | -28,000,000 | |||||||||||||||||||||||||||||||||||||
net (gain) loss on sale / impairment of single-family properties | -60,000 | |||||||||||||||||||||||||||||||||||||||
decrease (increase) in restricted cash related to lender requirements | 1,891,000 | |||||||||||||||||||||||||||||||||||||||
gain on remeasurement of equity method investment | ||||||||||||||||||||||||||||||||||||||||
gain on disposition of discontinued operations | ||||||||||||||||||||||||||||||||||||||||
increase in restricted cash related to lender requirements | -3,606,000 | |||||||||||||||||||||||||||||||||||||||
cash acquired in non-cash business combinations | ||||||||||||||||||||||||||||||||||||||||
beazer rental homes acquisition | ||||||||||||||||||||||||||||||||||||||||
settlement of net monetary assets related to management internalization | ||||||||||||||||||||||||||||||||||||||||
net proceeds received from sale of discontinued operations | ||||||||||||||||||||||||||||||||||||||||
purchase of outside interest in rj joint venture | ||||||||||||||||||||||||||||||||||||||||
distributions from unconsolidated joint venture | ||||||||||||||||||||||||||||||||||||||||
implied contribution by ah llc for historical operations | ||||||||||||||||||||||||||||||||||||||||
net proceeds from issuance of preferred shares | ||||||||||||||||||||||||||||||||||||||||
proceeds from bridge loan | ||||||||||||||||||||||||||||||||||||||||
payments on bridge loan | ||||||||||||||||||||||||||||||||||||||||
extinguishment of rj1 note payable | ||||||||||||||||||||||||||||||||||||||||
contributions to noncontrolling interests | ||||||||||||||||||||||||||||||||||||||||
net decrease in cash and cash equivalents | ||||||||||||||||||||||||||||||||||||||||
payments on secured note | ||||||||||||||||||||||||||||||||||||||||
equity in net income (income) of unconsolidated ventures | ||||||||||||||||||||||||||||||||||||||||
cash payments for interest | ||||||||||||||||||||||||||||||||||||||||
accounts payable and accrued expenses related to property acquisitions | ||||||||||||||||||||||||||||||||||||||||
accrued distribution to common shareholders | ||||||||||||||||||||||||||||||||||||||||
resident security deposits | ||||||||||||||||||||||||||||||||||||||||
improvements to single-family properties | ||||||||||||||||||||||||||||||||||||||||
implied contribution by sponsor for historical operations | ||||||||||||||||||||||||||||||||||||||||
contributions from noncontrolling interests | ||||||||||||||||||||||||||||||||||||||||
deferred financing costs |
We provide you with 20 years of cash flow statements for American Homes 4 Rent stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as operating cash flows, cash levels, capital expenditures, profits, stock-based compensations and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of American Homes 4 Rent stock. Explore the full financial landscape of American Homes 4 Rent stock with our expertly curated income statements.
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