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 2013 Y2014 Y2015 Y2016 Y2017 Q2 YTD
Source Document12/31/201512/31/201612/31/201612/31/20166/30/2017
Currency CodeUSDUSDUSDUSDUSD
(in thousands)     
      
CASH FLOWS FROM OPERATING ACTIVITIES 
Net income (711)9761,95025,87625,576
Predecessor (4,281)NANANANA
Adjustments to reconcile net income to net cash provided by operating activities 
Equity in income from unconsolidated real estate entities (92)29(93)(1,451)(11)
Predecessor 915NANANANA
Provision for doubtful accounts NA6751,4481,287629
Depreciation and amortization 8,68628,60841,83751,40728,114
Depreciation and amortization included in discontinued operations 92700NA
Amortization of (below) above market lease intangibles, net 185420202(78)(318)
Amortization of loan origination fees NA00(150)NA
Accretion of discount on notes receivable (83)(263)(178)0NA
Accretion of loan origination fees NANANANA(150)
Deferred interest income on notes receivable NA00(84)84
Gain from early repayment of notes receivable 00(581)0NA
Loss on extinguishment of debt 00182022
Gain on sale of real estate 01500(17,377)(19,237)
Gain on sale of real estate included in discontinued operations (4,989)(2,125)00NA
Amortization of debt issuance costs 2166848121,014563
Accretion of premium on notes payable 0(209)(191)(238)(94)
Equity based compensation expense 3921,0421,7523,8352,740
Straight-line rent NA(1,400)(3,425)(4,507)(1,952)
Change in working capital components 
Rents and other receivables (79)(1,558)(2,676)(988)(524)
Predecessor (161)NANANANA
Deferred leasing costs (622)(2,362)(3,421)(5,596)(2,069)
Other assets (815)(1,069)(1,286)71(2,364)
Accounts payable, accrued expenses and other liabilities 1,3761,2271,8061,667(1,768)
Tenant security deposits 2309611,6082,155680
Prepaid rents 932(1,289)762(411)1,359
Deferred rent receivable 
Successor (795)NANANANA
Predecessor (263)NANANANA
Change in restricted cash 
Successor 0NANANANA
Predecessor 1,137NANANANA
Loss on sale of real estate 
Successor 0NANANANA
Predecessor 0NANANANA
Gain on mark-to-market interest rate swaps 
Successor 0NANANANA
Predecessor (49)NANANANA
Deferred interest expense 
Successor 0NANANANA
Predecessor 573NANANANA
Net cash provided by operating activities 8,91224,50440,50856,43231,280
CASH FLOWS FROM INVESTING ACTIVITIES 
Acquisition of investments in real estate (78,749)(383,662)(230,599)(367,621)(240,447)
Predecessor (73,332)NANANANA
Capital expenditures (1,784)(13,959)(22,181)(31,928)(16,883)
Consolidation of La Jolla Sorrento 
Successor 0NANANANA
Predecessor 373NANANANA
Acquisition related deposits (1,310)(600)2,1100(2,250)
Contributions to unconsolidated real estate entities 0(105)00NA
Distributions from unconsolidated real estate entities 571,74505,53011
Issuance of notes receivable NA00(5,700)NA
Change in restricted cash (36)32500NA
Principal repayments of note receivable 10326513,89606,000
Disposition of investment in real estate 
Successor 0NANANANA
Predecessor 21,537NANANANA
Proceeds from sale of real estate NA15,410038,50564,406
Net cash used in investing activities (81,719)(380,581)(236,774)(361,214)(189,163)
CASH FLOWS FROM FINANCING ACTIVITIES 
Issuance of preferred stock, net NA0086,651NA
Issuance of common stock, net 207,477221,773175,833183,386118,354
Predecessor 0NANANANA
Proceeds from private placement 
Successor 47,016NANANANA
Predecessor 0NANANANA
Proceeds from notes payable 148,375301,500272,000263,000265,000
Repayment of notes payable (312,889)(147,241)(226,710)(179,223)(203,234)
Rexford Industrial Realty, Inc. Predecessor (21,135)NANANANA
Debt issuance costs (1,813)(1,876)(796)(1,925)(2,110)
Prepaid offering costs 
Successor 0NANANANA
Predecessor (1,504)NANANANA
Debt extinguishment costs 00(2)0(193)
Capital contributions from Predecessor members 
Successor 0NANANANA
Predecessor 1,156NANANANA
Distributions to Predecessor members 
Successor 0NANANANA
Predecessor (6,825)NANANANA
Reimbursements due to Predecessor members 
Successor 0NANANANA
Predecessor (1,221)NANANANA
Distributions to Predecessor members related to formation transactions 
Successor (4,955)NANANANA
Predecessor (26,773)NANANANA
Repurchase of interests from unaccredited investors 
Successor (1,100)NANANANA
Predecessor 0NANANANA
Distributions to Predecessor members related to the Accommodation 
Successor (307)NANANANA
Predecessor 0NANANANA
Dividends paid to preferred stockholders NA00(1,983)(2,644)
Dividends paid to common stockholders 0(16,700)(26,042)(32,852)(18,643)
Distributions paid to common unitholders 0(1,672)(1,095)(1,201)(650)
Repurchase of common shares to satisfy employee tax withholding requirements 0(98)(191)(747)(404)
Repurchase of operating partnership units 00(136)0NA
Change in restricted cash 
Successor 0NANANANA
Predecessor 48NANANANA
Net cash provided by financing activities 81,804355,686192,861315,106155,476
Increase (decrease) in cash and cash equivalents 
Increase (decrease) in cash and cash equivalents 8,997(391)(3,405)10,324NA
Predecessor (43,499)NANANANA
Cash and cash equivalents, beginning of period 
Cash and cash equivalents, beginning of period 08,9978,6065,201NA
Predecessor 43,499NANANANA
Cash and cash equivalents, end of period 
Cash and cash equivalents, end of period 8,9978,6065,20115,525NA
Predecessor 0NANANANA
Increase in cash, cash equivalents and restricted cash NANANANA(2,407)
Cash, cash equivalents and restricted cash, beginning of period NANANANA15,525
Cash, cash equivalents and restricted cash, end of period NANANANA13,118
Supplemental disclosure of cash flow information 
Cash paid for interest (net of capitalized interest) 1,8705,7936,14713,9438,073
Predecessor 8,587NANANANA
Supplemental disclosure of noncash investing and financing transactions 
Contribution of Rexford Sponsor V LLC and Rexford Industrial Fund V REIT, LLC 
Investment in real estate and acquired intangibles 
Successor 0NANANANA
Predecessor (32,493)NANANANA
Investment in unconsolidated real estate entities 
Successor 0NANANANA
Predecessor (2,844)NANANANA
Notes receivable 
Successor 0NANANANA
Predecessor (5,305)NANANANA
Predecessor equity and noncontrolling interests 
Successor 0NANANANA
Predecessor 40,642NANANANA
Acquisition of tenant-in-common interest in La Jolla Sorrento and consolidation of property previously accounted for under the equity method of accounting 
Investments in real estate and acquired intangibles 
Successor 0NANANANA
Predecessor (8,369)NANANANA
Investment in unconsolidated real estate entities 
Successor 0NANANANA
Predecessor 8,654NANANANA
Additional paid in capital 
Successor 0NANANANA
Predecessor 10NANANANA
Inc. Predecessor 
Successor 0NANANANA
Predecessor (6)NANANANA
Noncontrolling Interests 
Successor 0NANANANA
Predecessor 84NANANANA
Assumption of loan in connection with acquisition of real estate including loan premium 010,56517,0970NA
Predecessor 0NANANANA
Capital expenditure accruals 5504636101,2842,363
Accrual of dividends 5,3685,2447,8069,28210,642
Accrual of offering costs NANANANA0


Data shown on this page is extracted directly from the company’s documents. SNL makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, SNL, as always, stands by its commitment to the quality of the data.

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