PREFERRED APARTMENT COMMUNITIES INC APTS Balance Sheet

Preferred apartment communities inc (APTS)

Balance Sheet / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11
Assets
Real estate
Land
665	635	607	571	535	519	490	470	422	406	345	311	307	299	260	206	174	141	121	101	86	79	76	36	32	34	31	31	29	10	13	13	13	13	13	13
Investment Building and Building Improvements
3,329	3,256	3,117	2,902	2,826	2,738	2,494	2,345	2,146	2,043	1,802	1,621	1,590	1,513	1,333	1,079	908	733	646	530	431	377	367	151	120	147	134	134	120	42	60	60	60	60	60	60
Tenant Improvements
172	167	151	141	131	128	105	84	75	63	45	33	30	23	14	7	6	5	4	3	3	3	2	-	-	0	-	-	-	-	-	-	-	-	-	-
Furniture, fixtures, and equipment
341	323	321	298	296	278	261	255	225	210	183	149	143	126	125	112	102	86	81	66	50	36	36	22	18	22	19	19	16	6	8	8	8	8	8	8
Construction in progress
16	11	11	9	9	8	5	18	13	10	11	13	5	2	2	1	0	0	0	1	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Gross real estate
4,524	4,394	4,208	3,924	3,799	3,672	3,357	3,173	2,883	2,735	2,388	2,128	2,077	1,965	1,735	1,407	1,191	967	855	703	571	496	483	211	171	204	185	184	167	59	82	82	81	81	81	81
Real Estate Investment Property, Accumulated Depreciation
461	421	382	344	308	272	242	222	193	172	147	127	110	103	87	71	59	48	45	37	31	26	21	18	13	14	12	9	8	4	5	4	3	2	1	0
Net real estate
4,063	3,972	3,826	3,579	3,491	3,400	3,115	2,950	2,689	2,562	2,240	2,001	1,967	1,861	1,648	1,336	1,132	919	809	665	539	470	461	192	157	190	173	174	159	55	76	77	78	79	79	80
Real estate loans
292	325	356	335	311	282	326	314	278	255	243	234	195	201	195	181	169	180	154	131	141	128	124	116	107	103	68	54	39	35	31	14	6	6	6	6
Real estate loan investments to related parties
2	23	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loans and Leases Receivable, Related Parties
-	-	25	24	24	51	60	59	134	131	165	159	144	130	109	97	91	57	53	38	30	24	23	17	8	7	-	-	-	0	-	-	-	-	-	-
Property held for sale (net of accumulated depreciation of $0 and $5,838,792)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	33	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Real Estate Held-for-sale
-	-	-	-	-	-	36	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	36	-	-	-	-	20	-	-	-	-	-	-
Total real estate and real estate loan, net
4,358	4,322	4,207	3,939	3,827	3,734	3,539	3,325	3,102	2,949	2,649	2,394	2,306	2,194	1,954	1,615	1,426	1,191	1,017	836	711	623	609	326	309	300	245	228	198	110	107	92	84	85	85	86
Cash and cash equivalents
120	94	86	94	80	38	26	21	19	21	17	13	13	12	10	5	4	2	8	6	7	3	13	9	9	9	5	7	5	2	2	2	5	4	5	5
Restricted Cash and Cash Equivalents
43	42	61	50	45	48	59	53	47	51	50	47	53	55	32	23	13	12	12	7	4	4	4	2	2	2	2	2	1	0	0	0	0	0	0	0
Notes Receivable, Related Parties, Current
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-
Financing Receivable, Net
7	17	17	19	16	14	14	9	12	17	18	17	16	15	14	16	12	18	10	7	9	14	15	15	11	10	11	-	-	0	0	-	-	0	-	-
Financing Receivable, Gross
23	-	57	57	53	-	57	45	47	-	54	51	50	-	-	-	53	-	33	31	32	-	34	23	23	-	19	9	4	2	0	0	0	0	-	-
Due from Related Parties, Current
9	24	23	25	24	32	33	27	28	22	24	22	22	22	20	24	26	19	17	16	15	14	10	1	1	6	1	-	-	-	-	-	-	-	-	-
line of credit receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10	7	-	4	1	0	-	-	-	-	-	-	-
Interest Receivable
20	25	27	24	23	23	31	32	29	26	27	24	23	21	17	13	13	14	11	8	8	8	6	5	4	3	2	1	1	0	0	-	-	0	-	-
Tenant receivables, net of allowance of $9,439 and $15,924
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0
Intangible Assets, Net (Excluding Goodwill)
154	154	147	138	131	135	112	99	100	102	86	81	80	79	49	27	22	19	14	12	11	12	13	0	0	0	0	2	3	-	-	-	-	-	-	-
Finite-Lived Intangible Assets, Gross
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-
Acquired intangible assets, net of amortization of $4,698,174
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	3
Debt Issuance Costs, Net
1	1	1	1	1	1	1	1	1	1	1	-	23	1	19	13	10	8	-7	-6	5	-5	5	1	1	1	1	1	1	0	0	0	0	0	0	0
Deferred offering costs
3	2	2	3	6	6	7	7	7	6	6	5	3	2	3	4	5	5	6	6	5	6	6	6	6	5	4	3	3	3	2	2	1	1	0	0
Deferred loan costs for revolving line of credit, net of amortization of $268,801 and $791,002
-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
tenants capitalized lease inducements
19	19	19	20	20	20	20	18	16	14	11	7	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Receivables
-	-	0	0	0	41	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
90	65	60	66	54	41	41	43	28	37	34	22	22	15	17	25	11	11	5	5	6	4	2	1	0	1	0	0	0	0	0	0	0	0	0	0
Variable Interest Entity, Consolidated, Assets, Pledged
-	-	610	596	568	269	262	266	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Assets
4,827	4,770	5,267	4,980	4,801	4,410	4,149	3,908	3,394	3,252	2,927	2,639	2,544	2,420	2,123	1,757	1,536	1,295	1,104	909	788	691	688	382	355	341	279	260	221	123	116	100	93	92	94	97
Liabilities and equity
Liabilities
Mortgage notes payable, net of deferred loan costs and mark-to-market adjustment of $42,739 and $42,807
2,606	2,567	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long-term Debt, Gross
-	-	-	-	-	-	-	-	-	-	-	-	1,395	-	1,183	957	818	668	598	490	-	354	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long-term Debt
-	-	2,561	2,429	2,359	2,299	2,140	1,998	1,871	1,776	1,569	1,400	1,371	1,305	1,164	943	807	660	590	484	404	349	345	140	140	140	127	127	114	55	70	55	55	55	55	55
Disposal Group, Including Discontinued Operation, Mortgage Loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	28	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable and accrued expenses
43	42	58	49	40	38	47	43	33	31	34	25	20	20	25	18	12	12	12	8	5	4	5	3	2	1	2	3	2	1	1	0	0	1	1	0
Mortgage note held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Line of Credit Facility, Amount Outstanding
191	0	50	0	17	57	55	38	13	41	43	38	97	127	82	28	17	34	28	0	0	24	36	37	32	29	24	14	0	14	15	-	-	0	-	-
Notes Payable
0	69	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Bank Loans
-	-	-	-	-	-	-	-	0	11	11	11	11	-	11	41	30	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
deferred finance costs on term note
-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short-term Bank Loans and Notes Payable
-	-	-	-	-	-	0	0	0	10	10	10	10	10	10	40	29	0	-	-	19	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Loans Payable, Current
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	44	-	-	-	-	-	-	-	-	-	-	-	-	-
Participating Mortgage Loans, Participation Liabilities, Amount
-	-	0	0	0	5	10	10	10	13	17	18	18	20	19	13	13	13	12	11	11	7	3	-	-	0	-	-	-	-	-	-	-	-	-	-
unearned revenue from purchase option termination fees
2	2	5	5	7	2	5	10	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Payable, Current
8	8	7	7	7	6	6	5	5	5	4	3	3	3	3	2	2	1	1	1	1	1	0	0	0	0	0	-	-	-	-	-	-	-	-	-
Accrued interest payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0
Dividends payable
24	23	22	21	20	19	18	17	16	15	13	12	10	10	9	8	7	6	5	5	5	4	3	3	2	2	2	1	1	0	0	0	0	0	0	0
Below Market Lease, Net
60	62	53	51	46	47	43	40	38	38	31	29	28	29	19	9	8	9	7	5	5	5	5	0	-	0	-	-	-	-	-	-	-	-	-	-
Security deposits and prepaid rents
35	20	19	17	15	17	14	13	12	9	8	6	6	6	5	3	3	2	2	1	1	1	1	0	0	0	0	0	0	-	0	0	0	0	0	0
Deferred income
38	39	40	41	42	43	37	34	31	27	23	16	9	0	-	-	1	0	0	0	0	-	0	-0	-	-	-0	0	0	-	0	0	0	0	0	0
Variable Interest Entity, Consolidated, Liabilities, Recourse
-	-	585	571	544	264	257	261	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-
Total liabilities
3,049	2,836	3,404	3,196	3,102	2,801	2,637	2,474	2,033	1,971	1,757	1,562	1,577	1,535	1,338	1,070	931	770	661	518	453	399	445	186	179	175	158	147	119	73	73	57	57	57	57	57
Equity [Abstract]
Stockholder's equity
Commitments and contingencies (Note 14)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0
Preferred Stock, Value, Issued
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	0	0	0	0	0	-	-
Common Stock, $0.01 par value per share; 400,066,666 shares authorized; 5,179,093 and 5,149,325 shares issued and outstanding at September 30, 2012 and December 31, 2011, 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	0
Common Stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Additional paid in capital
1,969	1,938	1,861	1,784	1,698	1,607	1,509	1,430	1,357	1,271	1,157	1,065	960	906	802	702	621	536	454	399	345	300	252	203	-	177	135	126	76	59	53	51	45	43	50	51
Syndication and offering costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-6	-6
Accumulated deficit
-191	-7	0	0	0	0	0	0	0	4	9	9	5	-23	-19	-16	-16	-13	-13	-11	-12	-11	-11	-8	-	-13	-15	-15	-12	-9	-9	-9	-9	-9	-8	-5
Total stockholders' equity
1,778	1,931	1,861	1,784	1,699	1,608	1,509	1,431	1,358	1,275	1,166	1,074	966	883	783	685	604	522	441	388	333	289	241	195	175	164	120	111	64	50	43	42	35	34	36	39
Non-controlling interest
-0	2	1	-0	0	1	2	2	2	4	3	2	0	1	1	1	1	2	2	1	1	2	1	1	1	1	1	0	0	0	0	0	0	0	0	0
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest
1,778	1,934	1,862	1,784	1,699	1,609	1,512	1,433	1,360	1,280	1,170	1,077	967	885	784	686	605	525	443	390	335	291	242	196	176	166	121	112	64	50	43	42	35	34	36	39
Total liabilities and equity
4,827	4,770	5,267	4,980	4,801	4,410	4,149	3,908	3,394	3,252	2,927	2,639	2,544	2,420	2,123	1,757	1,536	1,295	1,104	909	788	691	688	382	355	341	279	260	221	123	116	100	93	92	94	97
Line of Credit [Member]
Deferred loan costs, net of amortization of $155,953 and $64,480
-	-	-	-	-	-	-	-	-	-	-	1	1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mortgages [Member]
Long-term Debt
-	-	2,604	2,469	2,400	-	2,178	2,035	1,907	-	1,596	-	1,395	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Series A Preferred Stock [Member]
Preferred Stock, Value, Issued
0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Series A1 Preferred Stock [Domain]
Preferred Stock, Value, Issued
0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Series M Preferred Stock [Member]
Preferred Stock, Value, Issued
0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
series M1 preferred stock [Domain]
Preferred Stock, Value, Issued
0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-