IIPR - Cash Flow Statement - Innovative Industrial Properties, Inc.

Millions

	Dec-2024	Dec-2023	Dec-2022	Dec-2021	Dec-2020	Dec-2019	Dec-2018	Dec-2017	Dec-2016	Dec-2015
OPERATING CASH FLOW
Net Income	161.7	165.6	154.4	114.0	65.7	23.5	7.0	72 K	(4.4)	5.0
Depreciation & Amortization	70.8	67.2	61.3	41.8	28.0	8.6	2.6	0.9	27 K	0
Deferred Income Tax	0	0	0	(0.3)	(2.8)	(3.7)	0	0	0	0
Stock Based Compensation	17.3	19.6	17.5	8.6	3.3	2.5	1.5	1.7	58 K	0
Other Operating Activities	4.7	(1.7)	216.6	6.6	2.2	1.7	(1.0)	2.6	3.7	(5.0)
Change in Working Capital	3.9	4.9	(215.7)	18.1	14.3	12.4	5.6	2.5	2.3	0
Cash From Operations	258.4	255.5	234.1	188.7	110.8	44.9	15.7	5.0	1.7	0
INVESTING CASH FLOW
Capital Expenditures	0	0	(373.9)	(374.5)	(529.8)	(343.9)	(22.3)	(5.9)	(30.0)	0
Other Items	(56.0)	(6.8)	(22.3)	(9.6)	(497.3)	3.3	(177.0)	(32.7)	0	0
Cash From Investing Activities	(56.0)	(6.8)	(396.2)	(384.1)	(1 027.1)	(340.6)	(199.3)	(38.6)	(30.0)	0
FINANCING CASH FLOW
Common Stock Repurchased	0	0	0	(3.4)	0	0	0	(0.3)	1 K	0
Total Debt Repaid	(4.4)	0	0	300.0	0	138.5	0	0	0	0
Dividends Paid	(213.5)	(204.1)	(185.3)	(132.3)	(76.8)	(23.9)	(8.0)	(1.1)	0	0
Other Financing Activities	8.3	(1.1)	(2.4)	(11.9)	(2.2)	(0.9)	(0.4)	13.4	0	0
Cash From Financing Activities	(197.9)	(195.6)	164.2	155.8	925.0	400.0	184.9	12.4	61.3	0
CHANGE IN CASH
Net Change In Cash	4.5	53.1	2.2	(39.6)	8.7	104.3	1.3	(21.2)	33.0	0
FREE CASH FLOW
Free Cash Flow	258.4	255.5	(139.7)	(185.8)	(419.0)	(299.0)	(6.6)	(0.9)	(28.3)	0

Free