Brt apartments corp. (BRT)
Income statement / Yearly
Dec'19Dec'18Sep'18Sep'17Sep'16Sep'15Sep'14Sep'13Sep'12Sep'11Sep'10Sep'09
Revenues:
Rental and other revenue from real estate properties

27,009

22,630

118,872

104,477

95,202

81,026

61,725

30,592

8,675

3,456

3,422

1,718

Interest on real estate loans

-

-

-

-

-

-

-

-

-

-

3,624

8,577

Interest on purchase money mortgage loans

-

-

-

-

-

-

-

-

-

-

-

246

Interest and fees on real estate loans

-

-

-

-

-

-

-

-

-

10,328

253

887

Recovery of previously provided allowances

-

-

-

-

-

-

-

-

-

3,595

-

-

Recovery of previously provided allowances

-

-

-

-

-

-

-

-

-

-

365

-

Other income

752

799

763

1,294

3,319

72

88

1,411

1,218

502

-

-

Other income

-

-

-

-

-

-

-

-

-

-

471

726

Total revenues

27,761

23,429

119,635

105,771

98,521

81,098

61,813

32,003

9,893

17,881

8,135

12,154

Expenses:
Real estate operating expenses—including $101 and $160 to related parties

12,332

10,695

-

-

-

-

-

-

-

-

-

-

Real estate operating expenses - including $927 and $836 to related parties

-

-

57,665

51,279

47,519

42,612

32,984

16,409

6,042

3,340

3,216

2,133

Interest expense

7,796

6,439

34,389

28,171

23,878

19,297

16,434

11,978

3,778

2,112

2,584

4,719

Advisor's fees, related party

-

-

0

0

693

2,448

1,801

971

420

916

-

-

Property acquisition costsincluding $0, $0, and $2,221 to related parties

-

-

0

0

3,852

1,885

2,542

2,637

2,407

-

-

-

Advisor's fees, related party

-

-

-

-

-

-

-

-

-

-

785

1,173

Provision for loan losses

-

-

-

-

-

-

-

-

-

-

3,165

17,110

Impairment charges

-

-

-

-

-

-

-

-

-

-

2,625

1,272

Foreclosure related professional fees

-

-

-

-

-

-

-

-

-

-

673

908

Debt restructuring charges

-

-

-

-

-

-

-

-

-

-

-

685

General and administrative—including $575 and $530 to related party

10,091

9,383

9,210

9,396

8,536

6,683

6,324

5,862

2,739

6,728

6,063

7,045

Depreciation

5,916

4,927

38,504

30,491

23,180

18,454

13,945

7,094

2,004

738

733

1,284

Total expenses

36,135

31,444

-

-

-

-

-

-

-

-

-

-

Total expenses

-

-

139,768

119,337

107,658

91,379

74,030

44,951

17,390

13,834

19,844

36,329

Total revenues less total expenses

-8,374

-8,015

-20,133

-13,566

-9,137

-10,281

-12,217

-12,948

-7,497

4,047

-11,709

-24,175

Equity in loss from unconsolidated joint ventures

-8,826

-5,088

-388

-384

0

0

-

-

965

350

196

-2,791

Gain on insurance recoveries

-

-

4,498

0

0

-

-

-

-

-

-

-

Gain on sale of available-for-sale securities

-

-

-

-

-

-

-

530

605

1,319

1,586

-

Equity in earnings from sale of unconsolidated joint venture properties

9,932

37,869

0

0

386

0

0

5,481

-

-

-

-

Gain on sale of real estate

10,618

861

64,924

52,601

46,477

15,005

0

0

-

-

-

-

Gain on sale of joint venture interest

-

-

-

-

-

-

-

-

-

-

-

271

(Loss) gain on sale of available-for-sale securities

-

-

-

-

-

-

-

-

-

-

-

1,016

Loss on extinguishment of debt

-1,387

0

-850

-1,463

-4,547

0

0

-

-

-2,138

-

6,443

Income from continuing operations

1,963

25,627

48,051

37,188

33,179

4,724

-

-

-

-

-

-

Provision for taxes

270

2

50

1,560

700

0

0

-

-

-

-

-

Income from continuing operations, net of taxes

1,693

25,625

48,001

35,628

32,479

4,724

-12,217

-6,937

-5,927

3,578

-9,927

-19,236

Impairment charges

-

-

-

-

-

-

-

-

-

-

745

29,774

Gain on sale of real estate assets

-

-

-

-

-

-

-

769

-

1,346

1,937

2,199

Loss from discontinued operations

-

-

0

0

-2,788

-6,329

-3,949

9,026

7,477

1,346

590

-29,124

Gain on sale of partnership interest

-

-

0

0

15,467

0

0

-

-

-

-

-

Income (loss) from discontinued operations

-

-

0

0

12,679

-6,329

-3,949

8,257

3,493

-

-602

-1,549

Net income (loss) from continuing operations, net of taxes

-

-

48,001

35,628

45,158

-1,605

-16,166

2,089

1,550

4,924

-9,337

-48,360

(Income) attributable to non-controlling interests

837

130

24,228

22,028

13,869

783

-6,712

-2,924

-2,880

-1,450

-1,322

-605

Net income attributable to common stockholders

856

25,495

23,773

13,600

31,289

-2,388

-9,454

-

-

-

-

-

Income (loss) from continuing operations (in dollars per share)

-

-

-

-

-

-0.02

-0.81

-0.28

-0.16

0.35

-0.62

-2.50

Income (loss) from discontinued operations (in dollars per share)

-

-

-

-

-

-0.15

0.15

0.63

0.48

0.10

0.04

-1.60

Basic and diluted earnings (loss) per share (in dollars per share)

-

-

-

-

-

-0.17

-0.66

0.35

0.32

0.45

-0.58

-4.10

Income (loss) from continuing operations

-

-

23,773

13,600

16,950

-246

-11,550

-3,244

-2,255

5,028

-8,605

-18,631

Income (loss) from discontinued operations

-

-

0

0

14,339

-2,142

2,096

8,257

6,685

1,346

590

-29,124

Net (loss) income attributable to common stockholders

856

25,495

23,773

13,600

31,289

-2,388

-9,454

-

-

-

-

-

Net income (loss) attributable to common stockholders

-

-

23,773

13,600

31,289

-2,388

-9,454

5,013

4,430

6,374

-8,015

-47,755

Net (loss) income attributable to common shareholders

-

-

23,773

13,600

31,289

-2,388

-

5,013

4,430

6,374

-8,015

-47,755

Weighted average number of shares of common stock outstanding:
Basic and diluted (in shares)

-

-

-

-

-

-

14,265

14,137

14,035

14,041

-

-

Basic (in shares)

15,965

15,014

14,580

13,993

14,017

14,133

-

-

-

-

13,871

11,643

Diluted (in shares)

16,165

15,214

14,780

14,018

14,017

14,133

-

-

-

-

13,871

11,643

Income from continuing operations (in dollars per share)

-

-

1.63

0.97

1.21

-

-

-

-

-

-

-

Income from discontinued operations (in dollars per share)

-

-

0.00

0.00

1.02

-

-

-

-

-

-

-

Basic earnings (loss) per share (in dollars per share)

0.05

1.70

1.63

0.97

2.23

-

-

-

-

-

-

-

Income from continuing operations (in dollars per share)

-

-

1.61

0.97

1.21

-

-

-

-

-

-

-

Income from discontinued operations (in dollars per share)

-

-

0.00

0.00

1.02

-

-

-

-

-

-

-

Diluted earnings (loss) per share (in dollars per share)

0.05

1.68

1.61

0.97

2.23

-

-

-

-

-

-

-