Brixmor Property Group Inc. BRX Income Statement

Brixmor property group inc. (BRX)

Income statement / Quarterly

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	Sep'12
Revenues
Rental income
280,402	292,955	292,732	290,737	289,955	297,379	306,172	312,720	316,797	531,748	246,578	253,777	249,621	253,538	247,859	245,575	251,146	251,119	245,829	244,030	243,570	242,740	240,820	239,987	237,168	233,387	223,225	216,296	214,558	220,243
Expense reimbursements
-	-	-	-	-	-	-	-	-	-	66,489	67,039	73,190	69,604	69,469	61,763	69,712	75,462	65,304	65,512	69,754	70,307	63,479	65,655	68,594	63,270	60,619	59,311	59,603	57,754
Other revenues
1,899	194	233	268	1,184	276	308	310	378	-4,970	1,429	2,002	2,995	892	1,249	2,719	2,246	-1,030	1,892	2,569	1,969	1,559	2,170	2,307	1,813	8,119	2,246	2,613	3,157	2,495
Total revenues
282,301	293,149	292,965	291,005	291,139	297,655	306,480	313,030	317,175	320,060	314,496	322,818	325,806	324,034	318,577	310,057	323,104	325,551	313,025	312,111	315,293	314,606	306,469	307,949	307,575	304,776	286,090	278,220	277,318	280,492
Operating expenses
Operating costs
30,356	34,738	29,573	29,307	31,258	34,877	31,969	33,881	35,490	35,137	30,505	33,025	37,425	35,922	31,041	31,415	35,051	35,698	27,952	30,667	35,160	33,592	28,792	31,889	34,875	30,981	28,036	27,659	29,846	29,983
Real estate taxes
42,864	40,785	43,688	43,189	43,326	42,018	44,711	44,947	45,725	43,490	45,076	44,064	46,467	43,601	47,812	38,683	44,391	47,276	45,472	43,974	44,189	46,912	44,346	43,812	44,434	43,758	42,015	40,995	41,700	39,888
Depreciation and amortization
83,017	82,606	82,837	81,593	85,395	85,345	85,183	91,334	90,383	89,988	94,239	96,870	93,931	92,668	98,337	95,818	100,479	102,511	102,439	104,441	108,544	107,706	111,104	109,600	113,220	109,669	108,479	108,622	111,777	121,494
Provision for doubtful accounts
-	-	0	0	-	3,624	3,094	949	2,415	1,300	1,216	1,757	1,050	2,603	2,218	1,621	2,740	2,567	1,953	2,525	2,495	2,898	2,771	2,980	2,888	2,931	3,071	2,573	2,324	3,003
Impairment of real estate assets
4,598	6,934	8,170	6,186	3,112	9,094	16,372	11,927	15,902	12,721	11,065	10,632	5,686	3,183	1,971	0	0	198	0	0	807	0	0	0	0	-	0	1,531	-	0
General and administrative
22,597	27,141	24,550	25,175	25,443	28,641	21,209	21,320	22,426	25,204	22,838	23,248	20,957	22,539	21,787	27,198	20,724	25,424	22,030	20,285	30,715	20,954	19,624	19,939	19,658	55,685	23,605	18,724	23,068	20,506
Total operating expenses
183,432	192,204	188,818	185,450	188,534	203,599	202,538	204,358	212,341	207,840	204,939	209,596	205,516	200,516	203,166	194,735	203,385	213,674	199,846	201,892	221,910	212,062	206,637	208,220	215,075	243,024	205,206	200,104	208,715	214,874
Other income (expense)
Dividends and interest
124	124	128	300	147	163	156	104	96	131	76	85	73	61	89	319	73	74	57	90	94	166	169	159	108	206	206	239	181	281
Interest expense
47,354	46,936	47,698	48,475	46,666	49,290	55,364	55,200	55,171	56,076	57,410	57,443	55,731	55,189	57,855	56,184	57,443	58,723	61,567	62,158	62,564	63,348	65,545	65,953	67,966	72,348	84,601	94,373	91,871	97,385
Gain on sale of real estate assets
8,905	8,501	25,621	13,043	7,602	50,125	119,333	28,262	11,448	13,927	25,942	20,173	8,805	25,381	2,450	7,782	0	-	0	9,224	-	0	0	0	378	-1	1,502	722	0	0
Gain (loss) on extinguishment of debt, net
-5	20	-943	-707	30	-16,914	-19,759	-291	-132	10	1,828	-78	-1,262	117	-1,042	93	0	798	137	493	292	-11,188	460	-757	-2,276	-2,245	-18,265	-1,668	2,150	-
Other
-758	-575	-401	-756	-818	-586	-962	-1,185	-53	-316	-1,200	-684	-707	-699	-1,370	-1,981	-907	-233	2,880	-2,811	-184	-3,101	-1,205	-1,969	-2,156	-2,915	-3,429	-3,710	-960	-1,754
Total other expense
-39,088	-38,886	-23,293	-36,595	-39,705	-16,502	43,404	-28,310	-43,812	-42,324	-30,764	-37,947	-48,822	-30,329	-57,728	-49,971	-58,277	-55,564	-58,493	-55,162	-62,362	-77,471	-66,121	-68,520	-71,912	-77,303	-104,587	-98,790	-90,500	-98,858
Income before equity in income of unconsolidated joint venture
-	-	-	-	-	-	-	-	-	69,896	78,793	75,275	71,468	93,189	57,683	65,351	61,442	56,313	54,686	55,057	31,021	25,073	33,711	31,209	20,588	-15,551	-23,703	-20,674	-21,897	-33,240
Equity in income of unconsolidated joint venture
-	-	-	-	-	-	-	-	-	0	31	163	187	129	122	119	107	101	133	110	115	122	112	71	65	166	247	507	247	118
Gain on disposition of unconsolidated joint venture interest
-	-	-	-	-	-	-	-	-	-	4,556	-	-	-	0	-	-	-	-	-	-	0	0	0	1,820	0	0	0	0	-
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	25,195	33,823	31,280	22,473	-15,385	-23,456	-20,167	-21,650	-33,122
Income from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9	41	18	4,841	4,386	184	-302	-763	296
Gain on disposition of operating properties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	745	0	0	14,426	761	0	2,631	0	3,315
Impairment of real estate held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,799	-1,283	-39,007	-3,033	-7,635
Income from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	754	41	18	19,267	3,348	-1,099	-36,678	-3,796	-4,024
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
-	-	80,854	68,960	-	-	147,346	80,362	-	69,896	83,380	75,438	71,655	93,318	57,805	65,470	61,549	56,414	54,819	55,167	31,136	25,949	33,864	31,298	41,740	-12,037	-24,555	-56,845	-25,446	-37,146
Net income attributable to non-controlling interests
-	-	-	-	-	-	-	-	-	0	0	0	76	115	313	1,014	1,072	1,002	1,046	1,055	713	2,851	6,834	7,825	26,339	-103	-5,716	-13,583	-5,947	-8,798
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest
-	-	-	-	-	-	-	-	-	-	-	-	76	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income
59,781	62,059	80,854	68,960	62,900	77,554	147,346	80,362	61,022	-	83,380	75,438	-	-	57,492	64,456	-	-	-	-	-	-	-	-	-	-	-	-	-	-28,348
Dividends, Preferred Stock
-	-	-	-	-	-	-	-	-	-	0	39	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income attributable to common stockholders
-	-	-	-	-	-	-	-	-	69,896	83,380	75,399	71,579	93,053	57,492	64,456	60,477	55,262	53,773	54,112	30,423	22,948	27,030	23,473	15,401	-12,096	-18,839	-43,262	-19,499	-
Earnings Per Share [Abstract]
Basic (usd per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.10	0.08	0.11	0.10	0.07	-0.05	-0.10	-0.09	-0.09	-0.14
Diluted (usd per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.10	0.08	0.11	0.10	0.07	-0.05	-0.10	-0.09	-0.09	-0.14
Net income attributable to common stockholders per common share:
Basic (usd per share)
0.20	0.21	0.27	0.23	0.21	0.25	0.49	0.27	0.20	0.23	0.27	0.25	0.23	0.31	0.19	0.21	0.20	0.19	0.18	0.18	0.10	0.08	0.11	0.10	0.07	-0.05	-0.10	-0.24	-0.11	-0.16
Diluted (usd per share)
0.20	0.21	0.27	0.23	0.21	0.26	0.49	0.26	0.20	0.23	0.27	0.25	0.23	0.31	0.19	0.21	0.20	0.19	0.18	0.18	0.10	0.08	0.11	0.10	0.07	-0.05	-0.10	-0.24	-0.11	-0.16
Weighted average shares:
Basic (in shares)
297,841	298,146	298,031	298,140	298,599	299,192	302,170	302,776	304,158	304,917	304,936	304,914	304,569	304,339	303,013	299,872	299,180	298,899	298,464	298,464	296,189	272,391	244,078	228,978	228,113	213,947	180,675	180,675	180,675	182,242
Diluted (in shares)
298,264	300,535	298,879	298,893	299,029	299,762	302,382	302,934	304,278	306,038	305,176	305,115	304,795	317,136	303,521	300,204	299,379	324,423	298,936	298,994	297,715	273,683	244,835	230,469	229,365	213,947	180,675	180,675	180,675	240,905
Brixmor Operating Partnership LP
Rental income
280,402	292,955	292,732	290,737	289,955	297,379	306,172	312,720	316,797	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other revenues
1,899	194	233	268	1,184	276	308	310	378	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total revenues
282,301	293,149	292,965	291,005	291,139	297,655	306,480	313,030	317,175	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating costs
30,356	34,738	29,573	29,307	31,258	34,877	31,969	33,881	35,490	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Real estate taxes
42,864	40,785	43,688	43,189	43,326	42,018	44,711	44,947	45,725	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
83,017	82,606	82,837	81,593	85,395	85,345	85,183	91,334	90,383	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for doubtful accounts
-	-	0	0	-	3,624	3,094	949	2,415	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of real estate assets
4,598	6,934	8,170	6,186	3,112	9,094	16,372	11,927	15,902	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General and administrative
22,597	27,141	24,550	25,175	25,443	28,641	21,209	21,320	22,426	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
183,432	192,204	188,818	185,450	188,534	203,599	202,538	204,358	212,341	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends and interest
124	124	128	300	147	163	156	104	96	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense
47,354	46,936	47,698	48,475	46,666	49,290	55,364	55,200	55,171	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of real estate assets
8,905	8,501	25,621	13,043	7,602	50,125	119,333	28,262	11,448	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (loss) on extinguishment of debt, net
-5	0	-943	-707	30	-16,914	-19,759	-291	-132	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-758	-575	-401	-756	-818	-586	-962	-1,185	-53	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total other expense
-39,088	-38,886	-23,293	-36,595	-39,705	-16,502	43,404	-28,310	-43,812	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
-	-	80,854	68,960	-	-	147,346	80,362	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income
59,781	-	80,854	68,960	62,900	-	147,346	80,362	61,022	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic (usd per share)
0.20	0.21	0.27	0.23	0.21	0.25	0.49	0.27	0.20	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted (usd per share)
0.20	0.21	0.27	0.23	0.21	0.26	0.49	0.26	0.20	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic (in shares)
297,841	298,146	298,031	298,140	298,599	299,192	302,170	302,776	304,158	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted (in shares)
298,264	300,535	298,879	298,893	299,029	299,762	302,382	302,934	304,278	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-