Component: (Network and Table)
Network
00400 - Statement - CONSOLIDATED STATEMENTS OF CASH FLOWS
(http://www.thehamiltoncompany.com/role/StatementConsolidatedStatementsOfCashFlows)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0000746514 (http://www.sec.gov/CIK)
CONSOLIDATED STATEMENTS OF CASH FLOWSPeriod [Axis]
2016-01-01 - 2016-12-31
2015-01-01 - 2015-12-31
2014-01-01 - 2014-12-31
CONSOLIDATED STATEMENTS OF CASH FLOWS
 
 
 
Cash Flows from Operating Activities
 
 
 
Net income
4,950,852  
3,772,565  
1,024,850  
Adjustments to reconcile net income to net cash provided by operating activities
 
 
 
Depreciation and amortization
12,181,396  
10,562,707  
10,367,553  
Amortization of deferred finance costs
188,256  
171,066  
183,974  
(Income) loss from investments in joint venture
(1,785,827) 
(868,574) 
325,297  
Gain on sale of real estate
(104,443) 
  
Change in operating assets and liabilities
 
 
 
(Increase) decrease in rents receivable
(133,883) 
40,481  
21,924  
(Decrease) Increase in accounts payable and accrued expense
(588,672) 
1,541,650  
(79,378) 
(Increase) Decrease in insurance recovery receivable
(355,286) 
(345,645) 
 
(Increase) Decrease in real estate tax escrow
(73,644) 
(30,640) 
35,219  
Decrease (Increase) in prepaid expenses and other assets
724,308  
(1,597,603) 
(345,132) 
Increase in advance rental payments and security deposits
339,168  
560,114  
306,327  
Total Adjustments
10,391,373  
 
10,033,556  
 
10,815,784  
 
Net cash provided by operating activities
15,342,225  
 
13,806,121  
 
11,840,634  
 
Cash Flows From Investing Activities
 
 
 
Proceeds from unconsolidated joint ventures
3,515,100  
2,872,378  
3,071,902  
Distribution in excess of investment in unconsolidated joint ventures
515,362  
990,262  
272,500  
(Investment) in unconsolidated joint ventures
(2,472,462) 
(1,142,640) 
(279,402) 
Improvement of rental properties
(5,163,081) 
(6,693,996) 
(5,604,791) 
Purchase of rental property
 
(6,201,930) 
 
Net proceeds from the sale of real estate
772,987  
  
Net cash (used in) investing activities
(2,832,094) 
 
(10,175,926) 
 
(2,539,791) 
 
Cash Flows from Financing Activities
 
 
 
Payment of financing costs
(174,718) 
 
(305,418) 
Proceeds of mortgage notes payable
20,071,000  
 
1,109,555  
Payment of note payable
(25,000,000) 
  
Principal payments of mortgage notes payable
(1,876,278) 
(132,071) 
(3,558,493) 
Stock buyback
(1,634,945) 
(3,429,953) 
(2,685,583) 
Distributions to partners
(6,729,679) 
(3,785,883) 
(3,858,386) 
Net cash provided by (used in) financing activities
(15,344,620) 
 
(7,347,907) 
 
(9,298,325) 
 
Net (Decrease) in Cash and Cash Equivalents
(2,834,489) 
 
(3,717,712) 
 
2,518  
 
Cash and Cash Equivalents, at beginning of period
10,298,186  
14,015,898  
14,013,380  
Cash and Cash Equivalents, at end of period
7,463,697  
 
10,298,186  
 
14,015,898