Apartment Income REIT Corp (AIRC)
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Fiscal Year End Date: 12/31
(Values in U.S. thousands)
| 03-2024 | 12-2023 | 09-2023 | 06-2023 | 03-2023 | |
| Cash Flows From Operating Activities | |||||
| Net Income | -4,278 | 689,287 | 701,162 | -9,350 | -9,948 |
| Depreciation Amortization | 79,754 | 342,593 | 263,949 | 184,926 | 95,666 |
| Accounts receivable | N/A | 5,338 | N/A | N/A | N/A |
| Other Working Capital | -12,676 | -26,280 | -55 | -14,334 | -4,926 |
| Other Operating Activity | 14,103 | -640,538 | -663,307 | 21,420 | 8,102 |
| Operating Cash Flow | $76,903 | $370,400 | $301,749 | $182,662 | $88,894 |
| Cash Flows From Investing Activities | |||||
| PPE Investments | -19,682 | -121,596 | -88,789 | -55,755 | -34,278 |
| Net Acquisitions | -90,497 | -346,626 | -339,696 | -182,459 | -180,673 |
| Other Investing Activity | -3,207 | 155,160 | 158,495 | 9,804 | 23,689 |
| Investing Cash Flow | $-113,386 | $-313,062 | $-269,990 | $-228,410 | $-191,262 |
| Cash Flows From Financing Activities | |||||
| Debt Issued | N/A | 658,920 | 569,670 | 150,000 | 320,000 |
| Debt Repayment | 137,821 | -444,508 | -436,699 | -103,964 | -313,294 |
| Common Stock Repurchased | -24,595 | -124,361 | -77,782 | 0 | N/A |
| Dividend Paid | -65,105 | -266,140 | -200,137 | -134,135 | -67,121 |
| Other Financing Activity | -14,392 | -65,163 | -54,046 | -37,645 | -23,536 |
| Financing Cash Flow | $33,729 | $-241,252 | $-198,994 | $-125,744 | $-83,951 |
| Beginning Cash Position | 117,491 | 301,405 | 301,405 | 301,405 | 301,405 |
| End Cash Position | 114,737 | 117,491 | 134,170 | 129,913 | 115,086 |
| Net Cash Flow | $-2,754 | $-183,914 | $-167,235 | $-171,492 | $-186,319 |
| Free Cash Flow | |||||
| Operating Cash Flow | 76,903 | 370,400 | 301,749 | 182,662 | 88,894 |
| Capital Expenditure | -19,682 | -173,662 | -140,855 | -89,388 | -34,278 |
| Free Cash Flow | 57,221 | 196,738 | 160,894 | 93,274 | 54,616 |