Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statement of Cash Flows

v3.21.1
Consolidated Statement of Cash Flows
 2 Months Ended
Mar. 31, 2021
USD ($)
Cash flows from operating activities:  
Net income $ 16,482,000
Adjustments to reconcile net income to net cash provided by operating activities:  
Depreciation and amortization 6,764,000
Amortization of above/below market leases, net 1,000
Changes in assets and liabilities:  
Changes in accounts receivable (10,774,000)
Changes in other assets (4,371,000)
Changes in right-of-use lease assets 436,000
Changes in accounts payable and accrued expenses 1,094,000
Changes in lease liabilities 17,000
Changes in other liabilities 7,999,000
Net cash provided by operating activities 17,648,000
Cash flows from financing activities:  
Payment of assumed liability for transaction costs (8,651,000)
Distributions paid to Certificateholders (1,566,000)
Net cash used in financing activities (10,217,000)
Net increase (decrease) in cash and cash equivalents 7,431,000
Cash and cash equivalents, at beginning of period 25,563,000
Cash and cash equivalents, at end of period $ 32,994,000