That's it- the steam has been used already and given up some energy. Goes into the turbine at 1200 PSI and 800 degF*, comes out at 40 PSI and 300 degF, not really useful for more than heating now so send it out to heat places (or run is through a heat exchanger and send the resultant steam out, keeps treated boiler water in the facility).
*representative, but made-up numbers; modern multi-MW power plants are more much higher pressure
Professionally-operated steam plants are pretty good at squeezing the last possible joule out of the water before if goes back in the boiler. Even so, I read somewhere that even the best combustion plants still operate under 50% thermal efficiency.
BTW, district and campus heating systems are often quite lossy for the water, some don't/didn't even collect condensate because there isn't enough on one place to bother piping it back.
Covering another point- AFAIK no systems force exhausted steam back into the boiler to reheat; I'm not sure it's even possibly (compress the gas to force it in). They all condense the steam to liquid water and pump that in, which is easier at boiler pressure since liquids are no compressible.