CBL & ASSOCIATES PROPERTIES, INC CBL Income Statement

Cbl & associates properties, inc (CBL)

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	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
REVENUES:
Rental revenues
-	-	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Rental revenues
-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Leases, Income Statement, Minimum Lease Revenue
-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	-	-	-	-	-	667,090	679,917	673,648	0	-	0	0	-	-	-
Minimum Rents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Percentage rents
-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	-	-	-	-	-	17,149	17,490	17,091	17,167	17,367	11,529	10,531	0	0	0
Other rents
-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	-	-	-	-	-	22,427	22,979	23,040	23,004	22,535	16,698	16,604	0	0	0
Tenant reimbursements
-	-	-	-	-	-	-	-	-	0	-	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	-	-	-	-	-	301,510	304,347	304,921	303,329	305,095	309,839	314,164	0	0	0
Management, development and leasing fees
-	-	0	0	-	-	0	0	-	0	-	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	-	-	-	-	-	6,935	6,554	6,014	6,047	6,416	5,988	6,234	0	0	0
Other
-	20,200	19,690	18,679	-	14,297	0	0	-	0	-	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	-	-	-	-	-	34,851	33,793	32,735	31,372	29,249	29,703	29,329	0	0	0
Total revenues
-	795,539	815,166	836,387	-	877,032	894,804	909,439	-	950,389	977,460	1,003,192	1,028,257	1,047,394	1,058,309	1,057,187	1,055,018	1,061,237	1,057,315	1,060,405	1,060,739	1,058,899	1,057,734	1,056,386	1,053,625	1,041,864	1,033,500	1,022,431	1,002,843	986,006	1,004,084	1,021,687	1,049,962	1,060,316	1,053,723	1,049,257	1,043,818	1,042,512	1,048,366	0	0	0
OPERATING EXPENSES:
Property operating
-	112,516	115,176	118,171	-	124,137	125,428	125,942	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	-	-	-	-	-	148,715	146,944	145,736	146,224	143,785	151,788	153,750	0	0	0
Depreciation and amortization
-	266,578	274,355	283,443	-	290,890	290,677	299,620	-	297,649	297,711	287,407	292,693	298,024	300,275	299,309	299,069	300,643	299,086	298,456	291,273	281,121	276,750	0	-	0	0	-	-	-	-	-	270,828	279,159	280,253	277,186	279,936	282,196	286,175	0	0	0
Real estate taxes
-	78,320	79,054	80,362	-	83,311	85,451	83,682	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	-	-	-	-	-	91,586	93,810	94,980	94,358	94,650	99,581	99,354	0	0	0
Maintenance and repairs
-	45,918	47,140	47,901	-	48,997	48,776	48,433	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	-	-	-	-	-	55,301	56,790	55,955	55,102	54,536	54,575	55,165	0	0	0
General and administrative
-	62,562	66,146	65,209	-	60,909	58,426	60,688	-	61,869	61,523	62,246	63,332	62,543	62,316	62,056	62,118	61,128	57,607	52,728	50,271	45,743	49,145	0	-	0	0	-	-	-	-	-	44,750	44,626	45,029	44,109	43,383	40,698	41,096	0	0	0
Loss on impairment
-	292,006	170,918	181,293	-	84,644	94,979	86,199	-	71,487	100,110	100,400	116,822	219,016	166,342	125,630	105,945	3,770	3,383	708	17,858	17,753	38,294	0	-	0	0	-	-	-	-	-	-	0	-	-	-	0	0	-	0	0
Litigation settlement
-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	451	482	693	-	406	500	5,274	-	5,164	10,608	10,641	20,326	26,079	29,290	30,166	26,957	32,157	30,766	32,228	32,297	27,702	28,497	0	-	0	0	-	-	-	-	-	28,898	28,851	27,756	27,125	25,523	27,181	26,744	0	0	0
Total operating expenses
-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	-	-	-	-	-	691,382	702,640	650,865	645,260	642,969	656,019	662,284	0	0	0
OTHER INCOME (EXPENSES):
Income from operations
-	-	-	-	-	-	-	-	-	250,581	237,147	266,897	-	161,300	218,580	256,382	277,584	373,232	376,611	384,006	375,143	333,176	333,498	313,327	330,765	362,406	359,107	0	-	386,844	344,368	348,977	358,580	357,676	402,858	403,997	400,849	386,493	386,082	0	0	0
Interest and other income
-	3,356	2,272	2,134	-	1,185	702	515	-	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest and other income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,415	1,553	6,467	16,828	16,712	17,867	14,121	12,344	12,542	0	-	0	0	-	-	-	-	-	2,582	2,789	3,026	3,362	3,868	4,077	4,607	0	0	0
Interest expense
-	213,869	218,548	220,269	-	216,665	215,384	216,246	-	218,787	219,166	217,288	216,318	217,691	219,850	225,417	229,343	234,189	237,952	238,475	239,824	236,338	233,333	0	-	0	0	-	-	-	-	-	267,072	274,310	275,355	276,935	281,102	287,172	288,836	0	0	0
Gain on extinguishment of debt
-	0	0	0	-	0	6,452	26,872	-	0	0	0	-	0	6	262	256	27,207	45,489	45,233	87,893	60,942	33,552	0	-	0	0	-	-	-	-	-	1,029	581	581	581	0	0	0	0	-	-
Other consolidated subsidiaries/Net income attributable to noncontrolling interests
-	27	-712	-1,149	-	-245	146	24,778	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	-	-	-	-	-	25,217	25,315	25,282	25,002	25,001	24,891	25,338	0	0	0
Net income (loss) attributable to the Company/Operating Partnership
-	-196,353	-118,827	-118,447	-	12,203	22,535	87,728	-	153,306	145,400	166,923	-	81,795	118,305	97,281	103,371	202,184	213,957	210,020	219,150	151,437	136,419	110,185	85,204	144,447	118,197	0	-	146,481	121,681	112,666	133,936	77,109	111,774	92,514	62,151	52,600	48,252	0	0	0
Net income (loss) attributable to common shareholders/unitholders
-	-241,245	-163,719	-163,339	-	-32,689	-22,357	42,836	-	108,414	100,508	122,031	-	36,903	73,413	52,389	58,479	157,292	169,065	165,128	174,258	106,545	91,527	65,293	40,312	95,049	69,428	0	-	104,105	79,305	70,290	91,560	35,453	72,353	55,329	29,532	24,400	22,957	0	0	0
Gain on sales of real estate assets
-	16,814	16,638	14,858	-	22,886	16,389	92,175	-	101,968	105,511	35,555	29,567	28,568	26,879	31,475	32,232	19,996	17,193	4,945	5,342	3,571	3,594	0	-	0	0	-	-	-	-	-	59,396	3,912	1,584	2,830	2,887	4,112	3,622	0	0	0
Total other expenses
-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (loss) on investments/deconsolidation
-	0	0	-	-	0	0	-	-	0	0	-	-	0	0	-	16,560	0	0	0	-	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Income tax benefit (provision)
-	2,917	2,281	-767	-	1,005	-1,093	-1,778	-	-3,873	-5,195	-2,326	-2,063	-2,037	797	3,320	2,941	2,237	4,872	3,186	4,499	4,537	2,211	0	-	0	0	-	-	-	-	-	-269	-3,135	-9,052	-6,310	-6,417	-6,410	-4,994	0	0	0
Equity in earnings of unconsolidated affiliates
-	8,229	11,750	14,246	-	16,404	19,348	21,305	-	26,720	32,492	90,516	117,533	113,205	106,235	46,767	18,200	15,977	16,405	14,942	14,803	13,308	12,101	0	-	0	0	-	-	-	-	-	6,138	4,644	2,097	1,051	-188	-339	1,281	0	0	0
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	252,979	174,556	169,585	141,763	115,316	188,774	172,707	191,126	186,049	214,215	159,670	157,546	160,922	99,315	144,731	142,084	133,619	112,438	110,607	0	0	0
Operating loss of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	-	-	-	-	-	24,073	14,107	14,628	-7,602	-35,828	-25,236	-25,761	0	0	0
Operating income (loss) of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-681	0	0	0	-	0	0	-	-	-	-	-	-1	471	531	393	379	39	-2	0	0	0
Net income
-	-234,152	-145,089	-145,377	-	6,930	19,200	119,803	-	198,316	189,687	192,157	195,531	88,706	132,468	107,702	119,015	233,820	246,668	242,462	253,033	173,250	160,147	134,261	110,370	188,384	156,699	0	-	198,310	167,498	157,637	184,994	113,893	159,890	134,875	98,170	87,241	84,844	0	0	0
Net (income) loss attributable to noncontrolling interests in:
Operating Partnership
-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	-	-	-	-	-	25,841	11,469	22,834	17,359	11,018	9,750	11,254	0	0	0
Preferred dividends declared
-	44,892	44,892	44,892	-	44,892	44,892	44,892	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	-	-	-	-	-	42,376	41,656	39,421	37,185	32,619	28,200	25,295	0	0	0
Income from continuing operations, net of preferred dividends (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.22	-	0.26	-0.01	-	-	0.11	-	0.11	0.10	0.08	0.49	-0.18	0.08	0.10	0.17	0.07	0.08	0.08	0.08	0.10
Discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	-	0.00	-	-	-	-	-	-	-	-	-0.01	0.00	-0.01	0.15	-0.06	0.00	-0.13	0.00	0.00	0.00
Earnings Per Share, Basic
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.15	-	0.21	-	0.22	-	0.26	-0.01	-	-	0.12	-	-0.02	0.12	0.10	0.48	-0.18	0.07	0.25	0.11	0.07	-0.05	0.08	0.08	0.10
Weighted Average Number of Shares Outstanding, Basic
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	170,494	-	170,420	-	170,262	-	170,196	-	-	-	-	-	-	-	-	148,368	148,363	148,356	148,069	277,219	138,075	138,068	137	137	82
Income from continuing operations, net of preferred dividends/distributions (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.38	0.22	0.16	0.26	-0.01	0.18	-0.01	0.11	-	0.11	0.10	0.08	0.49	-0.18	0.08	0.10	0.17	0.07	0.08	0.08	0.08	0.10
Discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	-	-0.04	0.01	-	-	-	-	-	-0.01	0.00	-0.01	0.15	-0.06	0.00	-0.13	0.00	0.00	0.00
Income (loss) from continuing operations, net of preferred dividends/distributions (USD per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.19	0.15	0.18	0.20	0.38	0.22	0.16	0.26	-0.01	0.14	0.00	0.12	-	-0.02	0.12	0.10	0.48	-0.18	0.07	0.25	0.11	0.07	-0.05	0.08	0.08	0.10
Weighted Average Number of Shares Outstanding, Diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	170,494	170,494	170,510	-	170,262	170,267	170,196	-	169,906	166,607	-	-	-	-	-	148,410	148,405	148,398	148,123	277,292	138,121	138,112	138	137	82
Income from continuing operations, net of preferred distributions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (loss) from continuing operations, net of preferred dividends
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	72,805	23,637	60,118	59,187	55,349	42,708	41,685	0	0	0
Discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	18,755	11,816	12,235	-3,858	-25,817	-18,308	-18,728	0	0	0
Net income (loss) attributable to common shareholders/unitholders
-	-241,245	-163,719	-163,339	-	-32,689	-22,357	42,836	-	108,414	100,508	122,031	-	36,903	73,413	52,389	58,479	157,292	169,065	165,128	174,258	106,545	91,527	65,293	40,312	95,049	69,428	0	-	104,105	79,305	70,290	91,560	35,453	72,353	55,329	29,532	24,400	22,957	0	0	0
Basic and diluted per share data attributable to common shareholders:
Net income attributable to common shareholders/unitholders
-	-0.52	-0.20	-0.29	-	-0.07	-0.20	-0.06	-	-0.01	0.18	0.13	-	-0.06	0.30	0.17	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted-average common and potential dilutive common shares/units outstanding
-	173,471	173,473	173,252	-	172,665	172,662	171,943	-	171,096	171,095	170,989	-	170,792	170,792	170,669	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends declared per common share/unit (USD per share)
-	-	-	-	-	-	-	-	-	0.26	0.26	0.26	-	0.26	0.26	0.26	-	0.26	0.26	0.26	-	0.24	0.24	0.24	-	0.23	0.23	-	-	-	-	-	-	0.21	0.21	0.21	-	0.20	0.20	0.20	0.05	0.11
CBL & Associates Limited Partnership
Rental revenues
-	-	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Rental revenues
-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	20,200	19,690	18,679	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total revenues
-	795,539	815,166	836,387	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property operating
-	112,516	115,176	118,171	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
-	266,578	274,355	283,443	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Real estate taxes
-	78,320	79,054	80,362	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Maintenance and repairs
-	45,918	47,140	47,901	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General and administrative
-	62,562	66,146	65,209	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on impairment
-	292,006	170,918	181,293	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Litigation settlement
-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	451	482	693	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
-	923,813	841,421	865,222	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest and other income
-	3,356	2,272	2,134	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense
-	213,869	218,548	220,269	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on extinguishment of debt
-	71,722	71,722	71,722	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other consolidated subsidiaries/Net income attributable to noncontrolling interests
-	27	-712	-1,149	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) attributable to the Company/Operating Partnership
-	-234,179	-144,377	-144,228	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) attributable to common shareholders/unitholders
-	-279,071	-189,269	-189,120	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sales of real estate assets
-	16,814	16,638	14,858	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total other expenses
-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (loss) on investments/deconsolidation
-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income tax benefit (provision)
-	2,917	2,281	-767	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity in earnings of unconsolidated affiliates
-	8,229	11,750	14,246	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss)
-	-234,152	-145,089	-145,377	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred dividends declared
-	44,892	44,892	44,892	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) attributable to common shareholders/unitholders
-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income attributable to common shareholders/unitholders
-	-0.52	-0.20	-0.29	-	-0.07	-0.20	-0.06	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted-average common and potential dilutive common shares/units outstanding
-	200,230	200,231	200,010	-	199,432	199,767	199,694	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Management, development and leasing fees
Management, development and leasing fees
-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-