Alexandria real estate equities, inc. (ARE)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
Impairment of land parcel

-

-

-

-

-

-

-

-

0

-

-

-

Revenue

1,531,296

1,327,459

1,128,097

921,706

843,474

726,877

631,151

574,497

536,780

460,621

481,553

455,234

Expenses:
Rental operations

445,492

381,120

325,609

278,408

261,232

219,164

189,039

172,756

157,634

123,309

122,138

113,434

General and administrative

108,823

90,405

75,009

63,884

59,621

53,530

48,520

47,747

41,112

34,345

36,296

34,794

Interest

173,675

157,495

128,645

106,953

105,813

79,299

67,952

69,184

63,373

69,509

82,111

85,366

Depreciation and amortization

544,612

477,661

416,783

313,390

261,289

224,096

189,123

185,687

150,906

121,207

117,246

107,358

Impairment of real estate

12,334

6,311

203

209,261

23,250

51,675

0

2,050

994

-

-

-

Loss on early extinguishment of debt

-47,570

-1,122

-3,451

-3,230

-189

-525

-1,992

-2,225

-6,485

-45,168

11,254

-

Non-cash impairment on investments

-

-

-

-

-

-

-

-

-

-

-

13,251

Total expenses

1,332,506

1,114,114

949,700

975,126

711,394

628,289

496,626

479,649

419,510

393,538

357,791

354,203

Income from continuing operations before loss on early extinguishment of debt

-

-

-

-

-

-

-

-

-

-

123,762

101,031

Equity in (losses) earnings of unconsolidated real estate joint ventures

10,136

43,981

15,426

-184

1,651

554

0

0

-

-

-

-

Investment (loss) income

194,647

136,763

0

0

-

-

-

-

-

-

-

-

Gain on sales of real estate rental properties

474

8,704

270

3,715

12,426

0

0

-

-

-

-

-

Income from continuing operations

-

-

-

-

146,157

99,142

134,525

94,848

117,270

67,083

135,016

101,031

Income from discontinued operations before impairment of real estate

-

-

-

-

-

-

-

-

19,071

12,497

-

3,315

Gain on sales of real estate

-

-

-

-

-

-

-

-

-

-

-

15,751

(Loss) income from discontinued operations

-

-

-

-

-43

1,233

900

8,816

18,077

12,497

6,632

19,066

Gain on sales of real estate - land parcels

0

0

111

90

0

6,403

4,824

1,864

46

59,442

-

-

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

404,047

402,793

194,204

-49,799

146,114

106,778

140,249

105,528

135,393

139,022

141,648

120,097

Net Income (Loss) Attributable to Noncontrolling Interest

40,882

23,481

25,111

16,102

1,897

5,204

4,032

3,402

3,975

3,729

7,047

3,799

Net income attributable to Alexandria Real Estate Equities, Inc.’s stockholders

363,165

379,312

169,093

-65,901

144,217

101,574

136,217

-

-

-

-

-

Dividends, Preferred Stock

3,204

5,060

7,666

20,223

24,986

25,698

25,885

27,328

28,357

28,357

28,357

24,225

Preferred stock redemption charge

2,580

4,240

11,279

61,267

0

1,989

0

5,978

0

-

-

-

Participating Securities, Distributed and Undistributed Earnings (Loss), Diluted

6,386

6,029

4,753

3,750

2,364

1,774

1,581

1,190

1,088

995

1,270

1,327

Net income attributable to Alexandria Real Estate Equities, Inc.’s common stockholders

350,995

363,983

145,395

-151,141

116,867

72,113

108,751

67,630

101,973

105,941

104,974

90,746

Earnings per share attributable to Alexandria’s common stockholders – basic and diluted:
Earnings per share – basic (USD per share)

3.13

3.53

1.59

-1.99

1.63

-

-

-

-

-

2.72

2.87

Continuing Operations

-

-

-

-

1.63

0.99

1.59

0.95

1.42

1.93

2.55

2.27

Discontinued Operation

-

-

-

-

0.00

-

-

-

-

-

0.17

0.60

Earnings per shares - diluted (USD per share)

3.12

3.52

1.58

-1.99

1.63

-

-

-

-

-

2.72

2.86

Discontinued operations

-

-

-

-

-

0.02

0.01

0.14

0.31

0.26

0.17

0.59

Earnings per share basic and diluted (usd per share)

-

-

-

-

-

1.01

1.60

1.09

1.73

2.19

-

-

Income from rentals
Revenue

1,516,864

1,314,781

1,122,325

-

-

-

-

-

-

-

-

-

Rental revenues
Revenues

-

-

-

673,820

608,824

544,153

467,764

422,793

404,815

350,079

366,731

343,742

Tenant recoveries
Revenues

-

-

-

223,655

209,063

173,480

150,095

133,280

126,205

105,423

102,968

100,255

Other income
Revenue

14,432

12,678

5,772

24,231

25,587

9,244

13,292

18,424

5,760

5,119

11,854

11,237