Cbl & associates properties, inc (CBL)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
REVENUES:
Operating Leases, Income Statement, Minimum Lease Revenue

-

-

-

-

-

-

-

-

667,090

663,156

681,689

-

Minimum Rents

-

-

-

-

-

-

-

-

-

-

-

711,867

Percentage rents

-

-

-

-

-

-

-

-

17,149

17,367

16,278

18,375

Other rents

-

-

-

-

-

-

-

-

22,427

22,535

20,601

22,857

Tenant reimbursements

-

-

-

-

-

-

-

-

301,510

305,095

318,704

334,866

Management, development and leasing fees

-

-

-

-

-

-

-

-

6,935

6,416

7,372

19,393

Other

-

-

-

-

-

-

-

-

34,851

29,249

28,311

24,816

Total revenues

-

-

-

1,028,257

1,055,018

1,060,739

1,053,625

1,002,843

1,049,962

1,043,818

1,072,955

1,132,174

OPERATING EXPENSES:
Property operating

-

-

-

-

-

-

-

-

148,715

143,785

158,778

187,717

Depreciation and amortization

-

-

-

292,693

299,069

291,273

278,911

255,460

270,828

279,936

304,005

330,325

Real estate taxes

-

-

-

-

-

-

-

-

91,586

94,650

95,104

94,840

Maintenance and repairs

-

-

-

-

-

-

-

-

55,301

54,536

55,994

65,049

General and administrative

-

-

-

63,332

62,118

50,271

48,867

51,251

44,750

43,383

41,010

45,241

Loss on impairment

-

-

-

116,822

105,945

17,858

70,049

24,379

51,304

1,156

109,211

0

Other

-

-

-

20,326

26,957

32,297

28,826

25,078

28,898

25,523

25,794

33,333

Total operating expenses

-

-

-

-

-

-

-

-

691,382

642,969

789,896

756,505

OTHER INCOME (EXPENSES):
Income from operations

-

-

-

-

277,584

375,143

330,765

-

358,580

400,849

283,059

375,669

Interest and other income

-

-

-

1,524

6,467

14,121

10,825

3,953

2,582

3,868

5,210

10,076

Interest expense

-

-

-

216,318

229,343

239,824

231,856

242,357

267,072

281,102

290,964

311,710

Gain on extinguishment of debt

-

-

-

-

256

87,893

-9,108

265

1,029

0

-601

0

Other consolidated subsidiaries/Net income attributable to noncontrolling interests

-

-

-

-

-

-

-

-

25,217

25,001

25,769

23,959

Net income (loss) attributable to the Company/Operating Partnership

-

-

-

-

103,371

219,150

85,204

-

133,936

62,151

-14,989

31,587

Net income (loss) attributable to common shareholders/unitholders

-

-

-

-

58,479

174,258

40,312

-

91,560

29,532

-36,807

9,768

Gain on sales of real estate assets

-

-

-

29,567

32,232

5,342

1,980

2,286

59,396

2,887

3,820

10,865

Gain (loss) on investments/deconsolidation

-

-

-

7,534

16,560

-

-

-

-

-

9,260

17,181

Income tax benefit (provision)

-

-

-

-2,063

2,941

4,499

1,305

1,404

-269

-6,417

-1,222

13,495

Gain on investments

-

-

-

-

-

-

-

-

0

888

-

-

Equity in earnings of unconsolidated affiliates

-

-

-

117,533

18,200

14,803

11,616

8,313

6,138

-188

5,489

2,831

Income from continuing operations

-

-

-

-

119,015

252,979

115,317

186,049

160,922

133,619

-2,025

57,055

Operating loss of discontinued operations

-

-

-

-

-

-

-

-

24,073

-35,828

-5,023

2,188

Gain on discontinued operations

-

-

-

-

-

-681

-

-

-1

379

-17

3,798

Net income

-

-

-

195,531

119,015

253,033

110,370

-

184,994

98,170

-7,065

63,041

Net (income) loss attributable to noncontrolling interests in:
Operating Partnership

-

-

-

-

-

-

-

-

25,841

11,018

-17,845

7,495

Preferred dividends declared

-

-

-

-

-

-

-

-

42,376

32,619

21,818

21,819

Income from continuing operations, net of preferred dividends (in dollars per share)

-

-

-

-

-

1.02

0.27

-

0.49

0.40

-0.31

0.10

Discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-

0.13

-0.19

-0.04

0.05

Earnings Per Share, Basic

-

-

-

-

0.34

1.02

0.24

-

0.62

0.21

-0.35

0.15

Weighted Average Number of Shares Outstanding, Basic

-

-

-

-

-

-

-

154,762

148,289

138,375

106,366

66

Income from continuing operations, net of preferred dividends/distributions (in dollars per share)

-

-

-

-

-

1.02

0.27

-

0.49

0.40

-0.31

0.10

Discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-

0.13

-0.19

-0.04

0.05

Income (loss) from continuing operations, net of preferred dividends/distributions (USD per share)

-

-

-

-

0.34

1.02

0.24

-

0.62

0.21

-0.35

0.15

Weighted Average Number of Shares Outstanding, Diluted

-

-

-

-

-

-

-

154,807

148,334

138,416

106,366

66

Income (loss) from continuing operations, net of preferred dividends

-

-

-

-

-

-

-

-

72,805

55,349

-33,413

6,374

Discontinued operations

-

-

-

-

-

-

-

-

18,755

-25,817

-3,394

3,394

Net income (loss) attributable to common shareholders/unitholders

-

-

-

-

58,479

174,258

40,312

-

91,560

29,532

-36,807

9,768

Guarantor Subsidiaries
Rental revenues

277,452

311,804

343,527

-

-

-

-

-

-

-

-

-

Other

7,538

7,121

530

-

-

-

-

-

-

-

-

-

Total revenues

284,990

318,925

344,057

-

-

-

-

-

-

-

-

-

Property operating

43,193

46,733

49,215

-

-

-

-

-

-

-

-

-

Depreciation and amortization

94,221

97,929

106,836

-

-

-

-

-

-

-

-

-

Real estate taxes

25,535

28,217

28,124

-

-

-

-

-

-

-

-

-

Maintenance and repairs

17,722

17,730

18,073

-

-

-

-

-

-

-

-

-

Loss on impairment

60,170

0

43,007

-

-

-

-

-

-

-

-

-

Other

640

41

8

-

-

-

-

-

-

-

-

-

Total operating expenses

241,481

190,650

245,263

-

-

-

-

-

-

-

-

-

Interest and other income

4,078

7,038

5,485

-

-

-

-

-

-

-

-

-

Interest expense

15,246

24,668

39,419

-

-

-

-

-

-

-

-

-

Gain on extinguishment of debt

61,796

0

28,815

-

-

-

-

-

-

-

-

-

Gain on sales of real estate assets

22

2,406

38,247

-

-

-

-

-

-

-

-

-

Total other income (expenses)

50,650

-15,224

33,128

-

-

-

-

-

-

-

-

-

Net income

94,159

113,051

131,922

-

-

-

-

-

-

-

-

-

CBL & Associates Properties, Inc.
Operating Leases, Income Statement, Minimum Lease Revenue

-

-

-

670,565

-

-

-

641,821

-

-

-

-

Percentage rents

-

-

-

17,803

-

-

-

17,728

-

-

-

-

Other rents

-

-

-

23,110

-

-

-

21,914

-

-

-

-

Tenant reimbursements

-

-

-

280,438

-

-

-

-

-

-

-

-

Management, development and leasing fees

-

-

-

14,925

-

-

-

-

-

-

-

-

Other

-

-

-

21,416

-

-

-

-

-

-

-

-

Revenues

-

-

-

1,028,257

-

-

-

1,002,843

-

-

-

-

Property operating

-

-

-

137,760

-

-

-

138,533

-

-

-

-

Depreciation, Depletion and Amortization

-

-

-

292,693

-

-

-

255,460

-

-

-

-

Real estate taxes

-

-

-

90,110

-

-

-

87,871

-

-

-

-

Maintenance and repairs

-

-

-

53,586

-

-

-

50,350

-

-

-

-

General and Administrative Expense

-

-

-

63,332

-

-

-

51,251

-

-

-

-

Impairment of Real Estate

-

-

-

116,822

-

-

-

24,379

-

-

-

-

Other General Expense

-

-

-

20,326

-

-

-

25,078

-

-

-

-

Total operating expenses

-

-

-

774,629

-

-

-

632,922

-

-

-

-

Interest and other income

-

-

-

1,524

-

-

-

3,953

-

-

-

-

Interest Expense

-

-

-

216,318

-

-

-

242,357

-

-

-

-

Gain (Loss) on Extinguishment of Debt

-

-

-

0

-

-

-

265

-

-

-

-

Net Income (Loss) Attributable to Noncontrolling Interest

-

-

-

1,112

-

-

-

23,652

-

-

-

-

Net Income (Loss) Attributable to Parent

-

-

-

172,882

-

-

-

131,600

-

-

-

-

Preferred dividends/Distributions to preferred unitholders

-

-

-

44,892

-

-

-

47,511

-

-

-

-

Net Income (Loss) Available to Common Stockholders, Basic

-

-

-

127,990

-

-

-

84,089

-

-

-

-

Gain on sales of real estate assets

-

-

-

29,567

-

-

-

2,286

-

-

-

-

Total other income (expenses)

-

-

-

-58,097

-

-

-

-

-

-

-

-

Gain (Loss) on Investments

-

-

-

7,534

-

-

-

-

-

-

-

-

Income Tax Expense (Benefit)

-

-

-

-2,063

-

-

-

1,404

-

-

-

-

Income (Loss) from Equity Method Investments

-

-

-

117,533

-

-

-

8,313

-

-

-

-

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

-

-

-

195,531

-

-

-

174,519

-

-

-

-

Operating Partnership

-

-

-

21,537

-

-

-

19,267

-

-

-

-

Earnings Per Share, Basic

-

-

-

0.75

-

-

-

0.54

-

-

-

-

Weighted Average Number of Shares Outstanding, Basic

-

-

-

170,762

-

-

-

154,762

-

-

-

-

Income (loss) from continuing operations, net of preferred dividends/distributions (USD per share)

-

-

-

0.75

-

-

-

0.54

-

-

-

-

Weighted Average Number of Shares Outstanding, Diluted

-

-

-

170,836

-

-

-

154,807

-

-

-

-

CBL & Associates Limited Partnership
Operating Leases, Income Statement, Minimum Lease Revenue

-

-

-

670,565

-

-

-

641,821

-

-

-

-

Percentage rents

-

-

-

17,803

-

-

-

17,728

-

-

-

-

Other rents

-

-

-

23,110

-

-

-

21,914

-

-

-

-

Tenant reimbursements

-

-

-

280,438

-

-

-

-

-

-

-

-

Management, development and leasing fees

-

-

-

14,925

-

-

-

-

-

-

-

-

Other

-

-

-

21,416

-

-

-

-

-

-

-

-

Total revenues

-

-

-

1,028,257

-

-

-

1,002,843

-

-

-

-

Property operating

-

-

-

137,760

-

-

-

138,533

-

-

-

-

Depreciation and amortization

-

-

-

292,693

-

-

-

255,460

-

-

-

-

Real estate taxes

-

-

-

90,110

-

-

-

87,871

-

-

-

-

Maintenance and repairs

-

-

-

53,586

-

-

-

50,350

-

-

-

-

General and administrative

-

-

-

63,332

-

-

-

51,251

-

-

-

-

Loss on impairment

-

-

-

116,822

-

-

-

24,379

-

-

-

-

Other

-

-

-

20,326

-

-

-

25,078

-

-

-

-

Total operating expenses

-

-

-

774,629

-

-

-

632,922

-

-

-

-

Interest and other income

-

-

-

1,524

-

-

-

3,953

-

-

-

-

Interest expense

-

-

-

216,318

-

-

-

242,357

-

-

-

-

Gain on extinguishment of debt

-

-

-

0

-

-

-

265

-

-

-

-

Other consolidated subsidiaries/Net income attributable to noncontrolling interests

-

-

-

1,112

-

-

-

23,652

-

-

-

-

Net income (loss) attributable to the Company/Operating Partnership

-

-

-

194,419

-

-

-

150,867

-

-

-

-

Distributions to preferred unitholders declared

-

-

-

44,892

-

-

-

47,511

-

-

-

-

Net income (loss) attributable to common shareholders/unitholders

-

-

-

149,527

-

-

-

103,356

-

-

-

-

Gain on sales of real estate assets

-

-

-

29,567

-

-

-

2,286

-

-

-

-

Total other expenses

-

-

-

-

-

-

-

183,763

-

-

-

-

Total other income (expenses)

-

-

-

-58,097

-

-

-

-

-

-

-

-

Gain (loss) on investments/deconsolidation

-

-

-

7,534

-

-

-

-

-

-

-

-

Income tax benefit (provision)

-

-

-

-2,063

-

-

-

1,404

-

-

-

-

Equity in earnings of unconsolidated affiliates

-

-

-

117,533

-

-

-

8,313

-

-

-

-

Net income (loss)

-

-

-

195,531

-

-

-

174,519

-

-

-

-

Earnings Per Share, Basic

-

-

-

0.75

-

-

-

0.54

-

-

-

-

Weighted Average Number of Shares Outstanding, Basic

-

-

-

199,764

-

-

-

190,223

-

-

-

-

Income (loss) from continuing operations, net of preferred dividends/distributions (USD per share)

-

-

-

0.75

-

-

-

0.54

-

-

-

-

Weighted Average Number of Shares Outstanding, Diluted

-

-

-

199,838

-

-

-

190,268

-

-

-

-

Net income (loss) attributable to common shareholders/unitholders

-

-

-

-

-

-

-

103,356

-

-

-

-

CBL & Associates Properties, Inc. [Member]
Tenant reimbursements

-

-

-

-

-

-

-

279,280

-

-

-

-

Management, development and leasing fees

-

-

-

-

-

-

-

10,772

-

-

-

-

Other

-

-

-

-

-

-

-

31,328

-

-

-

-

Income from operations

-

-

-

-

-

-

-

369,921

-

-

-

-

Income from continuing operations before gain on sales of real estate assets

-

-

-

-

-

-

-

183,763

-

-

-

-

Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain

-

-

-

-

-

-

-

45,072

-

-

-

-

Income from continuing operations

-

-

-

-

-

-

-

186,049

-

-

-

-

Operating loss of discontinued operations

-

-

-

-

-

-

-

-12,468

-

-

-

-

Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax

-

-

-

-

-

-

-

938

-

-

-

-

Income from continuing operations, net of preferred dividends (in dollars per share)

-

-

-

-

-

-

-

0.60

-

-

-

-

Discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-0.06

-

-

-

-

Income from continuing operations, net of preferred dividends/distributions (in dollars per share)

-

-

-

-

-

-

-

0.60

-

-

-

-

Discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-0.06

-

-

-

-

Income from continuing operations, net of preferred distributions

-

-

-

-

-

-

-

93,469

-

-

-

-

Discontinued operations

-

-

-

-

-

-

-

-9,380

-

-

-

-

Net Income (Loss) Available to Common Stockholders, Basic

-

-

-

-

-

-

-

84,089

-

-

-

-

CBL & Associates Limited Partnership [Member]
Tenant reimbursements

-

-

-

-

-

-

-

279,280

-

-

-

-

Management, development and leasing fees

-

-

-

-

-

-

-

10,772

-

-

-

-

Other

-

-

-

-

-

-

-

31,328

-

-

-

-

Income from operations

-

-

-

-

-

-

-

369,921

-

-

-

-

Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain

-

-

-

-

-

-

-

45,072

-

-

-

-

Income from continuing operations

-

-

-

-

-

-

-

186,049

-

-

-

-

Operating loss of discontinued operations

-

-

-

-

-

-

-

-12,468

-

-

-

-

Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax

-

-

-

-

-

-

-

938

-

-

-

-

Income from continuing operations, net of preferred dividends (in dollars per share)

-

-

-

-

-

-

-

0.59

-

-

-

-

Discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-0.05

-

-

-

-

Income from continuing operations, net of preferred dividends/distributions (in dollars per share)

-

-

-

-

-

-

-

0.59

-

-

-

-

Discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-0.05

-

-

-

-

Income from continuing operations, net of preferred distributions

-

-

-

-

-

-

-

112,736

-

-

-

-

Discontinued operations

-

-

-

-

-

-

-

-9,380

-

-

-

-