Component: (Network and Table) | |
---|---|
Network | 04 - Statement - Statements of Cash Flows (http://malkinproperties.com/role/StatementsOfCashFlows) |
Table | (Implied) |
Reporting Entity [Axis] | 0000090794 (http://www.sec.gov/CIK) |
Statements of Cash Flows [Abstract] | Period [Axis] | |
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2011-01-01 - 2011-12-31 | 2010-01-01 - 2010-12-31 | |
Statements of Cash Flows [Abstract] | ||
Cash flows from operating activities: | ||
Net income | 2,645,990 | 64,399 |
Adjustments to reconcile net income to net cash provided by operating activities: | ||
Depreciation of building and tenant improvements and equipment | 2,555,093 | 2,153,311 |
Amortization of leasing commissions | 301,053 | 443,897 |
Amortization of mortgage refinancing costs | 363,618 | 363,618 |
Changes in operating assets and liabilities: | ||
Due to Supervisor | 879,173 | 43,555 |
Accrued mortgage interest | (10,340) | (9,779) |
Accrued expenses | 184,796 | 237,500 |
Accrued supervisory fees, a related party | 3,265 | 78,000 |
Net cash provided by operating activities | 6,922,648 | 3,374,501 |
Cash flows from investing activities: | ||
Purchase of building and tenant improvements | (2,675,841) | (4,914,343) |
Decrease in payable to Lessee, a related party | (362,016) | 0 |
Net cash used in investing activities | (3,037,857) | (4,914,343) |
Cash flows from financing activities: | ||
Change in receivable from participants - NYS estimated tax | 0 | (3,357) |
Repayment of mortgages payable | (2,241,546) | (2,121,140) |
Financing costs | (2,831) | |
Distributions to Participants | (1,046,420) | (1,046,420) |
Deferred costs | (1,685,782) | (454,277) |
Net cash used in financing activities | (4,973,748) | (3,628,025) |
Net decrease in cash and cash equivalents | (1,088,957) | (5,167,867) |
Cash and cash equivalents, beginning of year | 11,555,334 | 16,723,201 |
Cash and cash equivalents, end of year | 10,466,377 | 11,555,334 |
Supplemental disclosure of cash flow information: | ||
Cash paid for interest | 5,209,527 | 5,329,934 |
Net cash used in investing activities excludes increases of payable to lessee | 0 | 731,360 |