Brt apartments corp. (BRT)
Income statement / Quarterly
Dec'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'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Jun'10
Revenues:
Rental and other revenue from real estate properties

6,765

6,261

7,097

6,886

6,211

6,127

5,205

5,087

28,162

28,073

26,673

24,702

25,029

25,211

23,679

23,993

22,319

22,669

19,778

19,098

19,481

15,592

17,449

14,877

13,807

10,177

8,250

6,866

5,299

4,220

2,668

1,019

768

880

763

959

854

871

Interest on real estate loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,828

1,746

1,156

592

Interest on purchase money mortgage loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

344

Interest and fees on real estate loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,921

2,966

1,879

-

2,562

2,202

2,252

9,120

690

275

243

48

Recovery of previously provided allowances

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9

3

7

-

1,002

2,566

-

365

Other income

157

161

190

244

223

198

203

175

187

314

188

181

611

678

608

2,026

7

-261

12

25

296

-782

319

280

271

-502

867

314

732

312

316

463

127

-

-

-

-

-

Other income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

61

151

199

125

Total revenues

6,922

6,422

7,287

7,130

6,434

6,325

5,408

5,262

28,349

28,387

26,861

24,883

25,640

25,889

24,287

26,019

22,326

22,408

19,790

19,123

19,777

14,810

17,768

15,157

14,078

1,909

12,038

10,146

7,910

-2,503

5,555

3,687

3,154

4,388

5,344

5,697

2,452

2,345

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

3,090

2,741

3,325

3,176

2,966

2,952

2,393

2,384

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-

-

-

-

-

15,661

14,459

14,198

13,347

13,641

13,283

11,909

12,446

12,342

11,986

12,097

11,094

12,966

10,022

9,215

10,409

6,913

10,042

8,395

7,634

5,486

4,595

3,417

2,911

2,564

1,733

959

786

685

889

850

916

918

Interest expense

1,931

1,870

2,049

1,946

1,747

1,779

1,471

1,442

7,980

7,902

7,180

6,402

6,687

6,284

6,014

6,049

5,531

3,503

4,855

4,738

6,201

1,390

5,411

4,949

4,684

3,299

3,127

2,661

2,891

1,020

1,416

875

467

461

452

542

657

729

Advisor's fees, related party

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

693

647

612

605

584

550

475

414

362

-343

497

443

374

-

-

-

-

-

-

-

-

-

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

-

-

-

-

-

-

-

-

-

-

-

-

-

1,434

1,408

953

57

1,590

0

0

295

351

718

292

1,181

748

851

160

878

-

471

1,793

-

-

-

-

-

-

Advisor's fees, related party

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

333

273

171

-

237

241

221

199

Impairment charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,625

Foreclosure related professional fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

162

167

190

141

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

2,636

2,430

2,481

2,544

2,476

2,002

2,452

2,453

2,303

2,100

2,309

2,390

2,597

2,134

2,373

2,280

1,749

1,636

1,654

1,736

1,657

1,587

1,512

1,596

1,629

419

1,859

1,721

1,863

-2,675

1,734

2,006

1,674

2,083

1,585

1,629

1,431

1,565

Depreciation

1,568

1,373

1,428

1,547

1,408

1,369

1,076

1,074

8,648

8,861

7,561

7,772

6,297

6,693

5,871

5,632

4,984

5,299

4,453

4,544

4,158

3,570

3,801

3,384

3,190

2,406

1,832

1,618

1,238

563

1,077

180

184

183

183

184

188

190

Total expenses

9,225

8,414

9,283

9,213

8,597

8,102

7,392

7,353

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total expenses

-

-

-

-

-

37,045

35,897

34,548

32,278

32,504

30,333

28,473

28,027

28,887

27,652

27,011

24,108

25,641

21,596

20,838

23,304

14,361

21,959

19,030

18,680

12,015

12,761

10,020

10,155

1,258

6,764

6,086

3,282

3,110

3,508

3,613

3,603

6,367

Total revenues less total expenses

-2,303

-1,992

-1,996

-2,083

-2,163

-1,777

-1,984

-2,091

-3,929

-4,117

-3,472

-3,590

-2,387

-2,998

-3,365

-992

-1,782

-3,233

-1,806

-1,715

-3,527

-

-4,191

-3,873

-

-10,106

-723

126

-2,245

-3,761

-1,209

-2,399

-128

1,278

1,836

2,084

-1,151

-4,022

Equity in loss from unconsolidated joint ventures

-2,150

-2,390

-2,218

-2,068

-1,148

-1,627

-2,566

253

-25

-77

-307

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

54

68

61

1,060

20

-40

-75

155

60

86

49

33

Gain on insurance recoveries

-

-

-

-

-

1,271

0

3,227

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of available-for-sale securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

482

-

185

96

342

-18

-

176

-

-

-

Equity in earnings from sale of unconsolidated joint venture properties

9,932

0

0

0

11,467

0

0

26,402

-

-

-

-

-

-

386

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of real estate

680

9,938

0

0

0

424

0

437

12,519

16,763

0

0

35,838

11,379

10,263

24,226

609

12,228

0

2,777

0

-

3

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

593

421

-

Gain on sale of loan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

3,192

-

-

-

-

-

Loss on extinguishment of debt

0

-1,387

0

0

0

0

0

0

-257

-664

0

0

-799

-1,879

0

-2,668

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,138

-

-

Income from continuing operations

6,159

4,169

-4,214

-4,151

8,156

-2,980

-4,550

25,001

8,308

11,905

-3,779

-3,590

32,652

-

7,284

20,566

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for taxes

51

98

59

62

57

97

101

-253

106

61

41

1,108

350

700

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from continuing operations, net of taxes

6,108

4,071

-4,273

-4,213

8,099

-3,077

-4,651

25,254

-

11,844

-3,820

-4,698

32,302

5,802

7,284

20,566

-1,173

-

-1,806

1,062

-

446

-4,188

-3,873

-4,602

-

-

-

-2,184

-5,708

-1,093

-2,097

2,971

1,562

2,072

625

-681

-3,989

Gain on sale of real estate assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

302

0

490

-

645

697

-

643

Loss from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-1,188

-

-

-1,702

-1,448

-

-5,347

185

362

851

-

-

-

2

-

-

-

-

-

-

-

-

589

Gain on sale of partnership interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

15,467

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (loss) from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

14,279

-1,600

-

-1,702

-1,448

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-54

Gain on sale of real estate assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

509

-

-

-

-

-

-

-

-

-

-

-

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

-

-

-

-

-

-

-

-

8,202

-

-

-

-

5,802

7,284

34,845

-2,773

5,816

-3,508

-386

-3,527

-4,901

-4,003

-3,511

-3,751

3,755

-160

676

-2,182

977

-791

-2,097

3,461

1,566

2,717

1,322

-681

-3,400

(Income) attributable to non-controlling interests

-40

799

44

34

26

34

38

32

1,851

6,383

-418

-469

16,532

2,895

1,804

9,909

-739

2,380

-930

362

-1,029

-1,103

-3,672

-919

-1,018

-1,031

-681

-334

-878

-749

-649

-1,069

-413

-297

-455

-525

-173

-429

Net income attributable to common stockholders

6,148

3,272

-4,317

-4,247

8,073

-3,111

-4,689

25,222

6,351

5,461

-3,402

-4,229

15,770

2,907

5,480

24,936

-2,034

3,436

-2,578

-748

-2,498

-3,798

-331

-2,592

-2,733

-

-

-

-

-

-

-

-

-

-

-

-

-2,971

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.39

0.75

-0.09

-

-0.13

0.05

-

-0.32

-0.03

-0.21

-0.25

-

-

-

-0.09

-0.30

-0.03

-0.07

0.24

0.13

0.18

0.08

-0.04

-0.25

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

1.01

-0.05

-

-0.05

-0.10

-

0.05

0.01

0.03

0.06

-

-

-

-

0.43

0.02

-0.01

0.04

-

0.05

0.05

-

0.04

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.39

1.76

-0.14

0.24

-0.18

-0.05

-0.18

-0.27

-0.02

-0.18

-0.19

0.33

0.04

0.07

-0.09

0.12

-0.01

-0.07

0.28

0.13

0.23

0.13

-0.04

-0.21

Income (loss) from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

2,906

5,480

9,957

-1,393

-

-1,883

-174

-

-4,496

-516

-2,954

-3,584

-

-

-

-1,306

-4,167

-444

-1,028

3,384

1,859

2,527

1,150

-508

-3,560

Income (loss) from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

1

0

14,979

-641

-

-695

-574

-

698

185

362

851

-

-

-

2

5,893

302

0

490

-

645

697

-

589

Net (loss) income attributable to common stockholders

6,148

3,272

-4,317

-4,247

8,073

-3,111

-4,689

25,222

6,351

5,461

-3,402

-4,229

15,770

2,907

5,480

24,936

-2,034

3,436

-2,578

-748

-2,498

-3,798

-331

-2,592

-2,733

-

-

-

-

-

-

-

-

-

-

-

-

-2,971

Net income (loss) attributable to common stockholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,786

521

1,010

-1,304

1,726

-142

-1,028

3,874

1,863

3,172

1,847

-508

-

Net (loss) income attributable to common shareholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,786

521

1,010

-1,304

1,726

-142

-1,028

3,874

1,863

3,172

1,847

-508

-

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,932

14,132

14,101

-

14,101

14,086

14,243

14,302

14,303

14,294

14,162

14,161

14,162

14,170

14,053

-

-

-

-

-

-

-

-

-

Basic (in shares)

16,161

15,913

15,900

15,886

15,744

15,635

14,411

14,242

14,022

14,022

14,035

14,018

13,898

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14,056

14,050

13,982

-

14,070

14,047

13,977

14,106

Diluted (in shares)

16,761

16,113

15,900

15,886

15,944

15,635

14,411

14,442

14,222

14,123

14,035

14,018

13,898

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14,056

14,050

13,982

-

14,070

14,047

13,977

14,106

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

0.38

0.21

-0.27

-0.27

0.51

-0.20

-0.33

1.77

0.45

0.38

-0.24

-0.30

1.13

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

0.38

0.20

-0.27

-0.27

0.51

-0.20

-0.33

1.75

0.45

0.38

-0.24

-0.30

1.13

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-