Innovative Industrial Properties, Inc.
Cash Flow Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $42.0M | $39.4M | $41.6M | $41.6M | $41.3M | $41.1M | $41.5M | $37.6M |
| Depreciation & Amortization | $17.5M | $17.2M | $17.1M | $16.7M | $16.7M | $16.7M | $16.3M | $15.9M |
| Depreciation | $17.3M | $16.9M | $16.8M | $16.5M | $16.5M | $16.5M | $16.1M | $15.7M |
| Amortization | $23.0K | — | — | — | — | — | — | — |
| Stock-Based Compensation | $4.4M | $4.3M | $4.9M | $4.9M | $4.9M | $4.8M | $4.3M | $4.4M |
| Net Cash from Operating Activities | $64.2M | $71.6M | $66.1M | $63.1M | $61.8M | $64.6M | $55.4M | $56.8M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-44.4M | $-14.4M | $-789.0K | $12.4M | $44.2M | $-62.7M | $5.5M | $25.2M |
| Financing Activities | ||||||||
| Dividends Paid | $52.0M | $51.5M | $50.7M | $50.7M | $50.7M | $50.5M | $50.5M | $49.1M |
| Stock Repurchases | $0 | $0 | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-52.4M | $-45.4M | $-42.1M | $-51.1M | $-51.1M | $-51.4M | $-50.8M | $-49.5M |
| Net Change in Cash | — | — | — | — | — | — | — | — |
| Free Cash Flow | — | — | — | — | — | — | — | — |