American homes 4 rent (AMH)
Income statement / Quarterly
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
Revenues:
Rents and other single-family property revenues

287,342

-

293,064

279,914

277,694

-

278,187

262,882

218,023

-

207,490

204,648

201,107

198,980

197,137

193,491

167,995

152,406

148,815

137,818

120,680

109,543

104,210

88,871

73,761

59,835

49,372

17,020

6,495

Other

2,252

-

5,240

1,946

1,510

-

1,865

1,601

1,341

-

409

2,288

1,670

2,987

5,214

3,846

3,751

1,885

1,771

1,644

1,365

543

372

406

269

-

-

363

-

Total revenues

289,594

284,010

298,304

281,860

279,204

270,316

280,052

264,483

258,004

242,801

246,836

237,008

233,754

227,559

236,057

220,314

194,959

172,587

172,613

153,628

131,748

116,899

110,393

94,304

77,278

64,890

49,463

18,120

6,559

Expenses:
Leased single-family properties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

50,583

37,299

29,266

24,470

17,579

6,859

2,503

Vacant single-family properties and other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,885

5,842

9,043

8,348

7,873

4,391

1,729

General and administrative expense

11,266

12,178

11,107

10,486

9,435

8,402

9,265

9,677

9,231

7,986

8,525

8,926

9,295

8,524

8,043

7,931

8,570

8,370

6,090

6,276

6,131

5,879

5,291

5,703

5,074

3,667

2,742

811

1,625

Advisory fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

3,610

2,742

Interest expense

29,715

31,163

31,465

32,571

31,915

30,691

30,930

31,978

29,301

25,747

26,592

28,392

31,889

31,538

32,851

35,481

30,977

27,874

23,866

22,003

15,670

9,379

5,112

3,888

1,502

0

0

0

370

Noncash share-based compensation expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

913

734

696

691

751

612

532

473

153

279

174

Acquisition and other transaction costs

2,147

769

651

970

834

1,538

1,055

1,321

1,311

809

1,306

1,412

1,096

544

1,757

3,489

5,653

5,280

4,153

4,236

5,908

6,465

14,550

919

452

814

496

2,099

1,390

Depreciation and amortization

82,821

83,219

82,073

82,840

81,161

81,123

79,940

78,319

79,303

75,831

74,790

72,716

73,953

74,164

75,392

79,604

69,517

62,163

67,800

59,221

53,664

47,205

44,855

38,325

35,131

33,160

24,043

10,879

2,905

Hurricane-related charges, net

-

-

-

-

-

-

-

-

-

-

10,136

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

6,110

1,585

2,610

1,514

1,024

3,745

1,069

1,624

827

803

1,285

1,359

1,558

5,496

3,142

2,087

1,253

1,084

1,152

840

694

-

-

-

-

-

-

-

-

Total expenses

262,832

253,524

270,424

254,622

251,762

243,079

254,724

240,378

239,947

214,219

238,025

216,201

218,574

216,136

232,008

224,575

201,328

180,048

189,026

164,749

141,971

122,074

125,027

92,588

81,000

70,932

52,886

28,928

13,438

Gain on sale of single-family properties and other, net

10,765

10,978

13,521

13,725

5,649

7,497

4,953

3,240

2,256

451

1,895

2,454

2,026

1,995

11,682

658

234

-

0

-

-

-

-

-

-

-

-

-

-

Gain (Loss) on Extinguishment of Debt

-

-

0

-659

-

-

0

-1,447

-

-

0

-6,555

-

-

-13,408

0

-

-

0

-

-

-

-

-

-

-

-

-

-

Gain (Loss) on Conversion of Convertible Securities

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

11,463

0

0

0

0

-

-

-

-

-

-

-

-

Gain on remeasurement of equity method investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,945

-

Remeasurement of Series E units

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,356

-525

2,143

1,838

-1,007

3,588

-4,944

-2,756

-

-

-

-

Embedded Derivative, Gain (Loss) on Embedded Derivative, Net

-

-

0

0

-

0

0

0

1,212

1,500

8,391

-1,640

-5,410

-4,080

-2,490

-150

-300

-2,530

-3,000

580

120

-3,810

-1,750

-141

-457

-

-

-

-

Net income

37,527

41,464

41,401

40,304

33,091

34,734

30,281

25,898

21,525

30,533

19,097

15,066

11,796

9,338

-167

-3,753

5,028

-

-

-

-

-

-

-

-6,935

-9,471

-3,861

137

-6,879

Noncontrolling interest

3,501

4,092

4,099

4,004

3,026

3,320

2,881

-3,150

1,114

-4,485

309

-30

-301

-6,640

7,316

-761

3,836

3,558

3,109

3,730

3,956

3,751

3,382

4,212

3,620

3,888

3,798

4,664

895

Gain on disposition of single-family properties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

904

-

Income from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

82

22

Income from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

986

22

Net (loss) income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-19,938

-8,398

-8,265

-

-12,796

-3,369

-6,935

-9,471

-3,861

1,123

-6,857

Dividends on preferred shares

13,782

13,782

13,782

13,782

13,782

13,782

12,223

11,984

14,597

14,596

17,253

15,282

13,587

13,587

13,669

7,412

5,569

5,569

5,569

5,569

5,569

5,569

5,569

4,669

3,121

-

-

-

-

Redemption of participating preferred shares/units

-

-

0

0

-

-

0

32,215

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,456

-

Net income attributable to common shareholders

20,244

23,590

23,520

22,518

16,283

17,632

15,177

-15,151

5,814

-21,994

1,535

-186

-1,490

2,391

-21,152

-10,404

-4,377

-20,474

-28,616

-17,697

-17,790

-19,312

-21,747

-12,250

-13,676

-14,519

-7,659

-13,997

-7,752

Weighted-average common shares/units outstanding:
Weighted-average common shares outstanding:
Weighted-average shares outstanding - basic and diluted (in shares)

-

-

-

-

-

-

-

-

-

-

-

258,900

-

-

-

238,481

219,157

208,017

211,414

211,487

211,481

211,827

202,547

185,515

185,504

186,179

163,983

95,971

48,233

Basic (in shares)

300,813

300,780

300,580

299,466

296,833

296,701

296,214

295,462

286,183

-

266,767

-

244,391

-

238,401

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Diluted (in shares)

301,305

301,206

301,032

299,991

297,444

297,915

296,967

295,462

286,727

-

289,153

-

244,391

-

238,401

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss) attributable to common stockholders/unitholders per share/unit:
Net income attributable to common shareholders per share:
Basic (in dollars per share)

0.07

0.08

0.08

0.08

0.05

0.06

0.05

-0.05

0.02

-

0.01

-

-0.01

-

-0.09

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Diluted (in dollars per share)

0.07

0.08

0.08

0.08

0.05

0.06

0.05

-0.05

0.02

-

0.00

-

-0.01

-

-0.09

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss per share - basic and diluted:
Loss from continuing operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.07

0.02

-0.16

-0.16

Income from discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.01

-

Net loss attributable to common shareholders per share - basic and diluted (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

0.00

-

-

-

-0.04

-0.02

-0.10

-0.14

-0.08

-0.08

-0.09

-0.11

-0.07

-0.07

-0.07

0.02

-0.15

-0.16

Dividends declared per common share (in dollars per share)

-

-

-

-

-

-

-

-

0.05

-

0.05

0.05

0.05

-

0.05

0.05

0.05

-

0.05

-

-

-

-

-

-

-

-

-

-

American Homes 4 Rent, L.P.
Rents and other single-family property revenues

287,342

-

293,064

279,914

277,694

-

278,187

262,882

218,023

-

-

-

201,107

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

2,252

-

5,240

1,946

1,510

-

1,865

1,601

1,341

-

-

-

1,670

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fees from single-family properties

-

-

-

-

-

-

-

-

2,833

-

-

-

2,604

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Tenant charge-backs

-

-

-

-

-

-

-

-

35,807

-

-

-

28,373

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total revenues

289,594

284,010

298,304

281,860

279,204

270,316

280,052

264,483

258,004

242,801

246,836

237,008

233,754

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property operating expenses

-

-

-

-

-

-

-

-

100,987

-

-

-

83,305

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property management expenses

-

-

-

-

-

-

-

-

18,987

-

-

-

17,478

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

General and administrative expense

11,266

12,178

11,107

10,486

9,435

8,402

9,265

9,677

9,231

7,986

8,525

8,926

9,295

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense

29,715

31,163

31,465

32,571

31,915

30,691

30,930

31,978

29,301

25,747

26,592

28,392

31,889

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition and other transaction costs

2,147

769

651

970

834

1,538

1,055

1,321

1,311

809

1,306

1,412

1,096

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

82,821

83,219

82,073

82,840

81,161

81,123

79,940

78,319

79,303

75,831

74,790

72,716

73,953

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Hurricane-related charges, net

-

-

-

-

-

-

-

-

-

-

10,136

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

6,110

1,585

2,610

1,514

1,024

3,745

1,069

1,624

827

803

1,285

1,359

1,558

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total expenses

262,832

253,524

270,424

254,622

251,762

243,079

254,724

240,378

239,947

214,219

238,025

216,201

218,574

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of single-family properties and other, net

10,765

10,978

13,521

13,725

5,649

7,497

4,953

3,240

2,256

451

1,895

2,454

2,026

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain (Loss) on Extinguishment of Debt

-

-

0

-659

-

-

0

-1,447

-

-

0

-6,555

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Embedded Derivative, Gain (Loss) on Embedded Derivative, Net

-

-

0

0

-

0

0

0

1,212

1,500

8,391

-1,640

-5,410

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income

37,527

41,464

41,401

40,304

33,091

34,734

30,281

25,898

21,525

30,533

19,097

15,066

11,796

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Noncontrolling interest

-

-

0

0

-

0

0

-248

-11

133

-31

1

38

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends on preferred shares

13,782

13,782

13,782

13,782

13,782

13,782

12,223

11,984

14,597

14,596

17,253

15,282

13,587

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Redemption of participating preferred shares/units

-

-

0

0

-

-

0

32,215

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income attributable to common shareholders

23,745

27,682

27,619

26,522

19,309

20,952

18,058

-18,053

6,939

-26,612

1,875

-217

-1,829

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted-average common units outstanding - basic and diluted (in shares)

-

-

-

-

-

-

-

-

-

-

-

314,451

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic (in shares)

352,840

352,762

352,714

352,363

352,000

352,051

351,564

350,812

341,533

-

322,303

-

299,947

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Diluted (in shares)

353,332

353,189

353,166

352,888

352,611

353,265

352,317

350,812

342,078

-

344,688

-

299,947

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic (in dollars per share)

0.07

0.08

0.08

0.08

0.05

0.06

0.05

-0.05

0.02

-

0.01

-

-0.01

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Diluted (in dollars per share)

0.07

0.08

0.08

0.08

0.05

0.06

0.05

-0.05

0.02

-

0.00

-

-0.01

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss attributable to common unitholders per unit - basic and diluted (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

0.00

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fees from single-family properties
Total revenues

-

-

-

-

-

-

-

-

2,833

-

2,843

2,690

2,604

2,415

2,898

2,724

2,197

1,965

2,146

2,204

1,331

1,192

1,529

1,889

1,358

-

-

690

64

Tenant charge-backs
Total revenues

-

-

-

-

-

-

-

-

35,807

-

36,094

27,382

28,373

23,177

30,808

20,253

21,016

16,331

19,881

11,962

8,372

5,621

4,282

3,138

1,890

-

-

47

-

Property operating expenses
Cost of goods and services sold

107,497

102,788

119,791

104,591

106,684

99,475

113,600

98,843

100,987

87,871

97,944

85,954

83,305

78,323

92,488

77,887

68,612

17,277

85,052

71,439

59,208

-

-

-

-

-

-

-

-

Property management expenses
Cost of goods and services sold

23,276

21,822

22,727

21,650

20,709

18,105

18,865

18,616

18,987

17,345

17,447

17,442

17,478

17,547

18,335

18,096

16,746

-

-

-

-

-

-

-

-

-

-

-

-