CONDOR HOSPITALITY TRUST, INC. CDOR Income Statement

Condor hospitality trust, inc. (CDOR)

Income statement / TTM

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	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Revenue
Room rentals and other hotel services
58,376	61,052	61,828	62,624	64,281	65,057	65,253	65,353	61,771	55,453	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Room rentals and other hotel services
-	-	-	-	-	-	-	-	-	-	-	-	-	50,647	53,571	55,947	58,525	58,714	59,867	60,874	60,200	58,799	56,818	55,535	54,265	54,869	55,734	57,146	58,301	58,205	46,267	50,435	50,656	55,127	77,167	78,835	0	0	0
Operating Expenses
Hotel and property operations
38,791	38,769	39,414	40,452	0	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Hotel and property operations
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	0	-	-	-	-	-	44,391	42,338	41,765	41,541	42,044	0	0	0	-	-	-	-	41,426	60,547	61,556	0	0	0
Depreciation and amortization
9,916	9,568	9,584	9,623	0	-	9,211	8,781	-	6,898	6,102	0	0	-	-	0	-	-	-	-	-	6,437	6,361	6,291	6,206	6,258	0	0	0	-	-	-	-	6,599	9,296	9,912	0	0	0
General and administrative
5,230	5,700	6,044	6,439	0	-	6,920	7,023	-	6,552	5,982	0	0	-	-	0	-	-	-	-	-	4,192	3,927	3,961	3,849	3,923	0	0	0	-	-	-	-	3,884	3,792	3,686	0	0	0
Acquisition and terminated transactions
-	38	111	181	0	-	266	623	-	1,250	1,223	0	0	-	-	0	-	-	-	-	-	-	0	0	-	713	0	0	0	-	-	-	-	-	-	-	-	-	-
Strategic alternatives
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity transaction and strategic alternatives
-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity transactions
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity transactions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	76	45	1,116	1,119	1,050	0	0	0	-	-	-	-	-	-	-	-	-	-
Termination cost
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	540	0	0	0	-	-
Total operating expenses
56,222	56,185	55,975	55,855	56,169	56,905	57,743	57,894	55,737	52,177	49,146	47,174	46,963	48,624	51,441	52,979	54,718	55,190	55,616	56,189	55,750	55,096	53,806	54,947	54,557	55,138	55,546	54,641	54,979	54,112	43,017	46,745	47,389	52,573	70,384	71,903	0	0	0
Operating income (loss)
2,154	4,867	5,853	6,769	8,112	8,152	7,510	7,459	6,034	3,276	1,499	1,428	1,542	2,023	2,130	2,968	3,807	3,524	4,251	4,685	4,450	3,703	3,012	588	-292	-269	188	2,505	3,322	4,093	3,250	3,690	3,267	2,554	6,783	6,932	0	0	0
Net gain (loss) on disposition of assets
-84	-36	-8	3,722	5,633	5,570	7,591	3,829	6,786	6,807	12,121	15,758	19,762	23,132	17,811	17,147	8,154	4,798	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity in earnings of joint venture
-243	190	126	169	66	-218	146	346	308	190	105	-108	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss on derivatives and convertible debt
-1,593	-1,071	-1,318	-979	-367	317	739	637	708	436	488	500	435	6,377	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other expense, net
0	-	0	0	0	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net gain (loss) on derivatives and convertible debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,578	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on dispositions of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	36	-36	-43	-47	-51	-29	-23	3	6	1,132	1,135	1,133	1,122	-40	0	0	0
Unrealized derivative gain (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income (expense), net
-	0	-	-	-	0	-	-	0	0	-	-	75	55	79	-10	-2	114	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense
7,793	7,976	8,322	8,564	8,561	8,326	7,879	7,130	6,131	5,174	4,474	4,196	4,352	4,710	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized derivative gain
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Other income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,670	5,679	7,716	7,388	3,165	2,030	771	-144	-1,476	-318	0	-	0	0	-	0	0
Other income (expense)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-
Interest expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,522	5,988	6,625	6,934	7,116	6,868	6,548	6,059	5,773	5,704	5,627	5,685	5,691	4,212	4,810	4,973	5,860	0	0	0	0	0
Loss on debt extinguishment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on debt extinguishment
-	-	-	-	-	-	-	-	-	-967	-1,439	-1,838	-2,814	-2,187	0	0	0	-	-	-	-	-	-229	-235	-258	-340	-338	-296	-217	-138	0	0	0	-	-	-	-	-	-
Impairment recovery (loss), net
-	-	-	-	-	-93	460	1,308	1,787	2,151	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment loss, net
-	-	-	-	-	-	-	-	-	-	-	-	-	1,477	1,569	913	3,845	3,829	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,376	2,541	2,548	2,667	536	371	3,099	2,833	1,771	3,998	4,064	4,523	5,495	5,415	0	0	0
Earnings (loss) before income taxes
-7,662	-4,130	-3,775	1,015	4,785	5,505	7,395	3,561	5,627	2,306	6,367	10,244	13,560	22,969	21,590	30,539	15,303	10,450	3,913	-11,918	-16,312	-19,155	-14,973	-10,022	3,305	966	-602	-1,788	-4,931	-4,710	-4,326	-4,444	-5,907	-6,659	-5,604	-6,929	0	0	0
Income tax benefit (expense)
445	937	675	799	392	335	-330	-447	-466	-595	175	160	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income tax expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	0	0	0	0	0
Income tax (benefit) expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	6,437	0	0	0	-	-	0	-	-	-
Earnings from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	22,844	21,590	30,539	15,303	10,450	3,913	-11,918	-16,312	-19,155	-14,973	-10,022	3,305	966	-6,690	-8,158	-11,682	-11,147	-4,809	-4,784	-6,042	-6,499	-5,584	-6,886	0	0	0
Gain from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	678	2,110	2,262	3,256	3,872	2,697	4,173	4,008	2,896	244	-607	-1,098	-2,319	279	-2,218	1,368	927	-7,238	-6,401	-11,695	-10,978	-3,734	-4,703	0	0	0
Net earnings (loss)
-8,107	-5,067	-4,450	216	4,393	5,170	7,725	4,008	6,093	2,901	6,192	10,084	13,435	23,522	23,700	32,801	18,559	14,322	6,610	-7,745	-12,304	-16,259	-14,729	-10,629	2,207	-1,353	-6,411	-10,376	-10,314	-10,220	-12,047	-11,185	-17,737	-17,477	-9,318	-11,589	0	0	0
Loss attributable to noncontrolling interest
-19	-19	-259	-229	-202	-195	57	30	76	20	109	177	288	727	1,104	1,767	1,305	1,197	717	-10	259	-23	-21	-15	4	-2	-11	-15	-11	-10	-25	-16	-27	-32	7	-12	0	0	0
Net earnings (loss) attributable to controlling interests
-8,088	-5,048	-4,191	445	4,595	5,365	7,668	3,978	6,017	2,881	6,083	9,907	13,147	22,795	22,596	31,034	17,254	13,125	5,893	-7,735	-12,563	-16,236	-14,708	-10,614	2,203	-1,351	-6,400	-10,361	-10,303	-10,210	-12,022	-11,169	-17,710	-17,445	-9,325	-11,577	0	0	0
Dividends declared and undeclared on preferred stock
578	578	578	578	579	578	598	658	784	12,243	13,054	13,825	14,611	20,748	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends declared and undeclared and in kind dividends deemed on preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,632	3,586	3,540	3,496	3,452	3,411	3,380	3,359	3,349	0	0	0	-	-	-	-	-	0	0	0	0	0
Preferred stock dividend declared and undeclared
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	3,169	0	0	0	-	-	0	-	-	-
Net earnings (loss) attributable to common shareholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9,493	2,307	-11,275	-16,059	-19,688	-18,119	-13,994	-1,156	-4,700	-9,749	-13,710	-13,652	-13,379	-14,721	-13,400	-19,473	-18,919	-10,799	-13,051	0	0	0
Net loss attributable to common shareholders
-8,666	-5,626	-4,769	-133	4,016	4,787	7,070	3,320	5,233	-9,362	-6,971	-3,918	-1,464	2,047	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings (Loss) per Share
Continuing operations - Basic and Diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.07	-	-	-	-2.58	-0.48	-0.81	-1.09	-1.50	-0.04	-1.08	-0.15	0.01	-0.10
Discontinued operations - Basic and Diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.83	-	-	-	0.07	-0.60	1.36	-0.51	-3.27	-0.04	-0.48	-0.03	-0.03	-0.08
Total - Basic and Diluted Earnings per Share
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.76	-	-	-	-2.51	-1.08	0.55	-1.60	-4.77	-0.08	-1.56	-0.18	-0.02	-0.18
Continuing operations - Basic
-	-	-	-	-	-	-	-	-	-	-	-	-	4.68	2.41	9.36	-14.63	0.44	2.06	-1.52	0.24	-0.53	-1.04	-3.69	-0.53	0.26	0.03	0.41	-1.34	-	-	-	-	-	-	-	-	-	-
Discontinued operations - Basic
-	-	-	-	-	-	-	-	-	-	-	-	-	-0.01	0.00	-0.05	0.91	0.25	0.03	0.20	0.24	0.08	0.35	0.25	0.06	-1.02	0.27	0.12	-0.36	-	-	-	-	-	-	-	-	-	-
Total - Basic Earnings (Loss) per Share
-0.27	-0.17	-0.18	-0.12	-0.01	-0.10	0.21	0.23	0.05	0.10	-0.11	0.40	-4.75	4.68	2.41	9.36	-13.72	0.69	2.09	-1.32	0.48	-0.45	-0.69	-3.44	-0.47	-0.76	0.30	0.53	-1.70	-	-	-	-	-	-	-	-	-	-
Continuing operations - Diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	0.65	0.39	1.17	-14.63	-0.04	0.12	-1.52	-0.14	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued operations - Diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-0.73	0.00	-0.05	0.91	0.05	0.01	0.20	0.05	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total - Diluted Earnings (Loss) per Share
-0.27	-0.17	-0.18	-0.12	-0.01	-0.10	0.21	0.23	0.05	0.10	-0.11	0.37	-4.75	0.65	0.39	1.17	-13.72	0.01	0.13	-1.32	-0.09	-	-0.69	-	-0.47	0.21	-0.13	-0.01	-1.70	-	-	-	-	-	-	-	-	-	-
Earnings (loss) from continuing operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net earnings (loss) attributable to common shareholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9,493	2,307	-11,275	-16,059	-19,688	-18,119	-13,994	-1,156	-4,700	-9,749	-13,710	-13,652	-13,379	-14,721	-13,400	-19,473	-18,919	-10,799	-13,051	0	0	0