American finance trust, inc. (AFIN)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13
ASSETS
Real estate investments, at cost:
Real estate investments, at cost:
Land

705

685

669

649

643

629

635

627

619

607

606

606

593

328

345

345

360

274

358

358

358

358

303

303

274

147

123

0

-

Buildings, fixtures and improvements

2,739

2,681

2,637

2,513

2,500

2,441

2,455

2,416

2,421

2,449

2,444

2,435

2,394

1,395

1,555

1,556

1,570

815

1,540

1,540

1,540

1,540

1,667

1,667

1,543

868

669

1

-

Acquired intangible lease assets

448

448

443

419

415

413

423

414

412

454

461

460

450

300

319

319

322

192

319

319

319

319

227

227

208

130

101

0

-

Total real estate investments, at cost

3,894

3,815

3,750

3,582

3,559

3,484

3,513

3,457

3,453

3,510

3,512

3,502

3,438

2,024

2,220

2,220

2,253

1,283

2,218

2,218

2,218

2,218

2,198

2,198

2,027

1,147

894

2

-

Less: accumulated depreciation and amortization

554

529

502

476

467

454

440

415

383

408

380

341

301

287

291

265

241

68

189

163

137

110

91

62

34

14

0

0

-

Total real estate investments, net

3,339

3,286

3,248

3,106

3,091

3,030

3,073

3,041

3,069

3,102

3,131

3,161

3,137

1,737

1,928

1,955

2,011

1,214

2,028

2,054

2,081

2,107

2,107

2,136

1,993

1,132

893

2

-

Cash and cash equivalents

175

81

76

91

108

91

60

58

71

107

68

56

44

131

143

148

130

40

171

95

94

74

55

25

17

101

163

-

-

Restricted cash

18

17

19

18

18

18

20

19

18

19

17

18

17

7

7

7

7

4

37

-

-

0

-

-

-

-

-

-

-

Deposits for real estate investments

1

0

0

0

1

3

0

1

0

0

0

0

0

0

-

-

-

-

-

-

-

-

0

0

21

33

-

-

-

Commercial mortgage loan, held for investment, net

-

-

-

-

-

-

-

-

-

-

17

17

17

17

17

17

17

-

79

-

-

0

-

-

-

-

-

-

-

Derivative Asset

-

-

-

-

-

-

0

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

-

-

0

0

1

1

1

1

1

1

1

1

1

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Receivable for issuances of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12

10

-

Deferred costs, net

16

17

17

16

17

16

15

13

9

8

8

1

1

3

4

1

-

7

19

13

12

13

15

16

15

7

3

-

0

Straight-line rent receivable

49

46

44

41

39

37

-

-

-

28

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease right-of-use assets

18

18

19

19

19

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other real estate securities, available-for-sale, at fair value

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

10

10

18

22

35

54

58

93

-

-

Cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

346

0

Prepaid expenses and other assets (including $659 and $503 due from related parties as of March 31, 2020 and December 31, 2019, respectively)

20

19

21

15

18

19

63

55

55

22

53

44

44

29

27

24

22

17

20

18

16

14

12

12

6

14

117

2

-

Land held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Assets held for sale

5

1

10

4

53

44

28

1

10

4

2

4

112

137

0

0

0

-

-

-

-

0

-

-

-

-

-

-

-

Total assets

3,646

3,490

3,457

3,313

3,368

3,262

3,264

3,194

3,236

3,296

3,301

3,306

3,377

2,064

2,129

2,155

2,190

1,285

2,388

2,192

2,214

2,229

2,212

2,225

2,109

1,347

1,282

360

0

LIABILITIES AND EQUITY
Mortgage notes payable, net of deferred financing costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

127

-

-

-

-

-

-

-

-

-

-

-

Mortgage notes payable, net

1,309

1,310

1,309

1,313

1,184

1,196

1,212

1,224

1,292

1,303

1,083

1,065

1,149

1,032

1,022

1,022

1,034

-

1,124

469

469

470

470

470

431

8

-

-

-

Mortgage premiums, net

-

-

-

-

-

-

-

-

-

-

-11

-12

-13

-

-11

-12

-13

-4

-16

-18

-20

-22

-23

-25

-24

-0

-

-

-

Credit facility

483

333

317

257

432

324

260

132

70

95

260

230

190

0

-

-

-

304

0

423

423

423

423

423

338

0

-

-

-

Below market lease liabilities, net

82

84

83

85

87

89

95

103

106

108

112

115

117

13

15

16

18

78

18

18

19

19

0

0

0

0

0

-

-

Accounts payable and accrued expenses (including $473 and $1,153 due to related parties as of March 31, 2020 and December 31, 2019, respectively)

53

26

28

27

26

28

37

33

27

27

29

30

27

13

15

11

11

18

9

8

14

12

10

6

8

15

16

2

0

Operating Lease, Liability

19

19

19

19

19

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Derivative Liability

-

-

0

0

1

0

-

0

0

0

0

0

0

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Deferred rent and other liabilities

8

10

9

7

9

13

7

10

10

9

10

11

11

9

7

9

8

3

6

7

5

7

5

5

2

1

2

-

-

Dividends payable

3

3

2

0

0

0

9

11

11

11

11

14

14

9

8

8

9

5

9

8

9

9

8

8

8

8

7

1

-

Total liabilities

1,960

1,787

1,771

1,712

1,760

1,652

1,623

1,514

1,519

1,555

1,519

1,479

1,523

1,079

1,081

1,080

1,096

542

1,185

954

962

963

943

941

813

35

27

4

0

7.50% Series A cumulative redeemable perpetual preferred stock, $0.01 par value, liquidation preference $25.00 per share, 8,796,000 shares authorized, 7,719,689 and 6,917,230 issued and outstanding as of March 31, 2020 and December 31, 2019, respectively

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Common stock, $0.01 par value per share, 300,000,000 shares authorized, 108,475,266 and 108,475,266 shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively

1

1

1

1

1

1

1

1

1

1

1

1

1

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Additional paid-in capital

2,634

2,615

2,567

2,453

2,441

2,412

2,412

2,396

2,388

2,393

2,380

2,375

2,357

1,449

1,449

1,441

1,429

859

1,465

1,460

1,446

1,437

1,426

1,412

1,397

1,383

1,294

358

0

Accumulated other comprehensive loss

-

-

0

0

-1

-0

0

-0

-0

0

0

0

-

0

-

-

-

-0

-0

0

0

0

0

0

-1

-6

-4

-

-

Distributions in excess of accumulated earnings

-972

-932

-898

-866

-844

-812

-778

-722

-676

-657

-604

-554

-510

-465

-402

-366

-335

-116

-262

-223

-194

-173

-158

-129

-101

-64

-35

-2

-

Accumulated deficit during the development stage

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Total stockholders’ equity

1,664

1,683

1,669

1,588

1,596

1,601

1,635

1,675

1,713

1,736

1,777

1,821

1,848

984

1,047

1,075

1,094

743

1,202

1,237

1,252

1,265

1,269

1,284

1,295

1,311

1,254

356

0

Non-controlling interests

21

18

15

13

11

8

5

4

4

4

4

4

4

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest

1,685

1,702

1,685

1,601

1,607

1,609

1,641

1,679

1,717

1,741

1,782

1,826

1,853

984

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities and equity

3,646

3,490

3,457

3,313

3,368

3,262

3,264

3,194

3,236

3,296

3,301

3,306

3,377

2,064

2,129

2,155

2,190

1,285

2,388

2,192

2,214

2,229

2,212

2,225

2,109

1,347

1,282

360

0