FINANCIAL INFORMATION

FINANCIAL INFORMATION

In millions of USD (except for per share items)

Copyright Thomson Reuters Corporation

Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Statement of Cash Flows [Abstract]    
Net cash provided by operating activities $ 98,102 $ 122,426
Cash flows from investing activities:    
Sale of investment securities 12,942 2,647
Maturities of investment securities 28,610 10,598
Purchase of investment securities (44,222) (12,402)
Investments in real estate ventures (21,908) (4,343)
Distributions from investments in real estate ventures 23,200 27,134
Increase in cash surrender value of life insurance policies (789) (809)
Decrease in restricted assets 668 262
Proceeds from sale of fixed assets 8 0
Capital expenditures (6,320) (8,616)
Repayments of notes receivable 0 32
Purchase of subsidiaries (668) (403)
Pay downs of investment securities 545 928
Investments in real estate, net (1,153) (1,009)
Net cash (used in) provided by investing activities (9,087) 14,019
Cash flows from financing activities:    
Deferred financing costs (33) 0
Repayments of debt (230,771) (987)
Borrowings under revolver 172,224 134,310
Repayments on revolver (169,727) (137,877)
Dividends and distributions on common stock (118,748) (112,462)
Distributions to non-controlling interest (285) (359)
Net cash used in financing activities (347,340) (117,375)
Net (decrease) increase in cash, cash equivalents and restricted cash (258,325) 19,070
Cash, cash equivalents and restricted cash, beginning of period 591,729 310,937
Cash, cash equivalents and restricted cash, end of period $ 333,404 $ 330,007