BRT APARTMENTS CORP. BRT Income Statement

Brt apartments corp. (BRT)

Income statement / TTM

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	Mar'11	Dec'10	Jun'10
Revenues:
Rental and other revenue from real estate properties
27,009	26,455	26,321	24,429	22,630	44,581	66,527	87,995	107,610	104,477	101,615	98,621	97,912	95,202	92,660	88,759	83,864	81,026	73,949	71,620	67,399	61,725	56,310	47,111	39,100	30,592	24,635	19,053	13,206	8,675	5,335	3,430	3,370	3,456	3,447	0	0	0
Interest on real estate loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,322	0	0	0
Interest on purchase money mortgage loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Interest and fees on real estate loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	16,136	14,264	12,337	10,328	1,256	0	0	0
Recovery of previously provided allowances
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	-	0
Other income
752	818	855	868	799	763	879	864	870	1,294	1,658	2,078	3,923	3,319	2,380	1,784	-217	72	-449	-142	113	88	368	916	950	1,411	2,225	1,674	1,823	1,218	0	0	0	-	-	-	-	-
Other income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	536	0	0	0
Total revenues
27,761	27,273	27,176	25,297	23,429	45,344	67,406	88,859	108,480	105,771	103,273	100,699	101,835	98,521	95,040	90,543	83,647	81,098	73,500	71,478	67,512	61,813	48,912	43,182	38,171	32,003	27,591	21,108	14,649	9,893	16,784	16,573	18,583	17,881	15,838	0	0	0
Expenses:
Real estate operating expenses—including $101 and $160 to related parties
12,332	12,208	12,419	11,487	10,695	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Real estate operating expenses - including $927 and $836 to related parties
-	-	-	-	-	57,665	55,645	54,469	52,180	51,279	49,980	48,683	48,871	47,519	48,143	46,179	43,297	42,612	36,559	36,579	35,759	32,984	31,557	26,110	21,132	16,409	13,487	10,625	8,167	6,042	4,163	3,319	3,210	3,340	3,573	0	0	0
Interest expense
7,796	7,612	7,521	6,943	6,439	12,672	18,795	24,504	29,464	28,171	26,553	25,387	25,034	23,878	21,097	19,938	18,627	19,297	17,184	17,740	17,951	16,434	18,343	16,059	13,771	11,978	9,699	7,988	6,202	3,778	3,219	2,255	1,922	2,112	2,380	0	0	0
Advisor's fees, related party
-	-	-	-	-	-	-	-	-	-	-	-	-	693	1,340	1,952	2,557	2,448	2,351	2,214	2,023	1,801	908	930	959	971	0	0	0	-	-	-	-	-	-	-	-	-
Property acquisition costsincluding $0, $0, and $2,221 to related parties
-	-	-	-	-	-	-	-	-	-	-	-	-	3,852	4,008	2,600	1,647	1,885	646	1,364	1,656	2,542	2,939	3,072	2,940	2,637	2,360	3,302	0	-	0	0	-	-	-	-	-	-
Advisor's fees, related party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	898	0	0	0
Impairment charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Foreclosure related professional fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	660	0	0	0
General and administrative—including $575 and $530 to related party
10,091	9,931	9,503	9,474	9,383	9,210	9,308	9,165	9,102	9,396	9,430	9,494	9,384	8,536	8,038	7,319	6,775	6,683	6,634	6,492	6,352	6,324	5,156	5,503	5,628	5,862	2,768	2,643	2,928	2,739	7,497	7,348	6,971	6,728	6,210	0	0	0
Depreciation
5,916	5,756	5,752	5,400	4,927	12,167	19,659	26,144	32,842	30,491	28,323	26,633	24,493	23,180	21,786	20,368	19,280	18,454	16,725	16,073	14,913	13,945	12,781	10,812	9,046	7,094	5,251	4,496	3,058	2,004	1,624	730	734	738	745	0	0	0
Total expenses
36,135	35,507	35,195	33,304	31,444	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total expenses
-	-	-	-	-	139,768	135,227	129,663	123,588	119,337	115,720	113,039	111,577	107,658	104,412	98,356	92,183	91,379	80,099	80,462	78,654	74,030	71,684	62,486	53,476	44,951	34,194	28,197	24,263	17,390	19,242	15,986	13,513	13,834	17,091	0	0	0
Total revenues less total expenses
-8,374	-8,234	-8,019	-8,007	-8,015	-9,781	-12,121	-13,609	-15,108	-13,566	-12,447	-12,340	-9,742	-9,137	-9,372	-7,813	-8,536	-10,281	-11,239	-13,306	0	-	0	0	-	-12,948	-6,603	-7,089	-9,614	-7,497	-2,458	587	5,070	4,047	-1,253	0	0	0
Equity in loss from unconsolidated joint ventures
-8,826	-7,824	-7,061	-7,409	-5,088	-3,965	-2,415	-156	-409	-384	-307	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	1,243	1,209	1,101	965	60	100	226	350	228	0	0	0
Gain on insurance recoveries
-	-	-	-	-	4,498	3,227	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of available-for-sale securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	605	596	0	0	-	0	-	-	-
Equity in earnings from sale of unconsolidated joint venture properties
9,932	11,467	11,467	11,467	37,869	0	0	0	-	-	-	-	-	-	0	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of real estate
10,618	9,938	424	424	861	13,380	29,719	29,719	29,282	52,601	47,217	57,480	81,706	46,477	47,326	37,063	15,614	15,005	2,780	2,780	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Loss) gain on sale of available-for-sale securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-
Gain on sale of loan
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-
Loss on extinguishment of debt
-1,387	-1,387	0	0	0	-257	-921	-921	-921	-1,463	-2,678	-2,678	-5,346	-4,547	-2,668	-2,668	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-
Income from continuing operations
1,963	3,960	-3,189	-3,525	25,627	25,779	40,664	41,435	12,844	37,188	32,567	56,912	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for taxes
270	276	275	317	2	51	15	-45	1,316	1,560	2,199	2,158	1,050	700	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from continuing operations, net of taxes
1,693	3,684	-3,464	-3,842	25,625	0	0	0	-	35,628	29,586	40,690	65,954	32,479	24,871	18,649	0	-	0	0	-	-12,217	0	0	0	-	-	-	-11,082	-5,927	1,343	4,508	7,230	3,578	-1,973	0	0	0
Gain on sale of real estate assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,437	1,832	0	-	0	0	-	0
Loss from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-3,949	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	0
Gain on sale of partnership interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (loss) from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	12,679	10,977	9,529	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Gain on sale of real estate assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) from continuing operations, net of taxes
-	-	-	-	-	-	-	-	0	-	-	-	-	45,158	45,172	34,380	-851	-1,605	-12,322	-12,817	-15,942	-16,166	-7,510	-3,667	520	2,089	-689	-1,320	-4,093	1,550	2,139	5,647	9,066	4,924	-42	0	0	0
(Income) attributable to non-controlling interests
837	903	138	132	130	1,955	8,304	7,848	7,347	22,028	18,540	20,762	31,140	13,869	13,354	10,620	1,073	783	-2,700	-5,442	-6,723	-6,712	-6,640	-3,649	-3,064	-2,924	-2,642	-2,610	-3,345	-2,880	-2,428	-2,234	-1,690	-1,450	-1,582	0	0	0
Net income attributable to common stockholders
856	2,781	-3,602	-3,974	25,495	23,773	32,345	33,632	4,181	13,600	11,046	19,928	49,093	31,289	31,818	23,760	-1,924	-2,388	-9,622	-7,375	-9,219	-9,454	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	0
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
-	-	-	-	-	-	-	-	-	-	-	-	-	16,950	12,161	6,507	0	-	0	0	-	-11,550	0	0	0	-	-	-	-6,945	-2,255	3,771	6,742	8,920	5,028	-391	0	0	0
Income (loss) from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	14,339	13,643	13,069	0	-	0	0	-	2,096	0	0	0	-	-	-	6,197	6,685	1,437	1,832	0	-	0	0	-	0
Net (loss) income attributable to common stockholders
856	2,781	-3,602	-3,974	25,495	23,773	32,345	33,632	4,181	13,600	11,046	19,928	49,093	31,289	31,818	23,760	-1,924	-2,388	-9,622	-7,375	-9,219	-9,454	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	0
Net income (loss) attributable to common stockholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,013	1,953	1,290	-748	4,430	4,567	7,881	10,756	6,374	0	0	0	-
Net (loss) income attributable to common shareholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,013	1,953	1,290	-748	4,430	4,567	7,881	10,756	6,374	0	0	0	-
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	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-