CEDAR REALTY TRUST, INC. CDR Income Statement

Cedar realty trust, inc. (CDR)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09
REVENUES
Total revenues
144,083	152,020	146,008	151,086	149,207	148,184	139,598	135,726	129,988	130,998	140,395
EXPENSES
Operating, maintenance and management
27,593	27,771	24,752	24,898	25,401	26,604	24,418	22,343	26,787	25,499	24,732
Real estate and other property-related taxes
20,754	20,123	19,577	19,617	19,189	18,182	17,901	17,044	16,156	16,100	15,725
General and administrative
18,804	16,915	16,907	18,154	15,004	14,356	13,980	14,277	10,740	9,537	10,158
Employee termination costs
-	-	-	-	-	-	106	1,172	6,875	-	-
Acquisition pursuit costs
-	-	156	3,426	1,238	2,870	182	116	1,436	3,958	4,367
Depreciation and amortization
45,861	40,053	40,115	40,787	38,594	38,700	44,405	43,289	41,862	34,735	42,853
Total expenses
113,012	104,862	101,507	106,882	99,426	100,712	100,992	98,241	111,004	92,322	121,471
OTHER
Gain on sales
2,942	4,864	7,099	59	-	6,413	609	997	130	-	521
Impairment charges
8,938	20,689	9,538	6,347	-212	-3,148	172	5,499	7,148	2,493	23,636
Impairment reversals / (charges)
-	-	-	-	-	-	172	-	-	-	-
Total other
-5,996	-15,825	-2,439	-6,288	212	3,265	781	-4,502	-	-	-
OPERATING INCOME
25,075	31,333	42,062	37,916	49,993	50,737	39,387	32,983	18,984	38,676	18,924
NON-OPERATING INCOME AND EXPENSES
Interest expense
23,509	22,146	22,199	26,529	28,272	32,301	34,762	38,289	41,312	43,007	41,669
Early extinguishment of debt costs
-	4,829	210	2,623	105	825	106	2,607	-	2,552	-
Interest income
-	-	-	-	-	-	-	-	349	21	63
Equity in income of unconsolidated joint ventures
-	-	-	-	-	-	-	1,481	1,671	484	1,098
Gain on exit from unconsolidated joint ventures
-	-	-	-	-	-	-	30,526	-7,961	-	-
Total non-operating income and expenses
-23,509	-26,975	-22,409	-29,152	-28,377	-33,126	-34,868	-8,889	-47,123	-45,054	-39,987
INCOME FROM CONTINUING OPERATIONS
-	-	-	-	21,616	17,611	4,519	24,094	-28,139	-6,378	-21,063
Income from operations
-	-	-	-	12	1,647	2,280	5,526	7,199	1,846	7,054
Impairment reversals
-	-	-	-	153	47	-3,049	-	-	-	-
Gain on extinguishment of debt obligations
-	-	-	-	-	1,423	10,452	-	-	-	-
Gain on sales
-	-	-	-	-	7,963	-	4,679	884	170	557
Impairment reversals/(charges), net
-	-	-	-	-	-	-	284	88,458	39,822	3,559
Total income from discontinued operations
-	-	-	-	165	11,080	9,683	9,921	-80,375	-37,806	4,052
NET (LOSS) INCOME
1,566	4,358	19,653	8,764	21,781	28,691	14,202	34,015	-108,514	-44,184	-17,011
Net (income) loss attributable to noncontrolling interests:
Minority interests in consolidated joint ventures
547	497	523	-162	-393	-370	-247	4,335	-2,507	-1,613	772
Limited partners' interest in Operating Partnership
-57	-28	-13	-17	28	80	1	-26	-2,446	-1,282	-912
Total net (income) attributable to noncontrolling interests
490	469	510	-179	-365	-290	-246	4,309	-4,953	-2,895	-140
NET (LOSS) INCOME ATTRIBUTABLE TO CEDAR REALTY TRUST, INC.
1,076	3,889	19,143	8,943	22,146	28,981	14,448	29,706	-103,561	-41,289	-16,871
Preferred stock dividends
10,752	10,863	13,652	14,408	14,408	14,408	14,413	14,819	14,200	10,196	-
Preferred stock redemption costs
-	3,507	7,890	-	-	-	1,166	4,998	-	-	-
Preferred distribution requirements
-	-	-	-	-	-	-	-	-	-	7,876
NET (LOSS) INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS
-9,676	-10,481	-2,399	-5,465	7,738	14,573	-1,131	9,889	-117,761	-51,485	-24,747
Continuing operations
-	-	-	-	0.09	0.04	-0.17	0.05	-0.64	-0.24	-0.60
Discontinued operations
-	-	-	-	0.00	0.14	0.14	0.08	-1.15	-0.57	0.06
NET (LOSS) INCOME PER COMMON SHARE ATTRIBUTABLE TO COMMON SHAREHOLDERS (BASIC AND DILUTED):
-0.12	-0.13	-0.04	-0.08	0.09	0.18	-0.03	0.13	-1.79	-0.81	-0.54
Loss from continuing operations
-	-	-	-	-	-	-	-	-	-15,623	-27,630
Income (loss) from discontinued operations
-	-	-	-	-	-	-	-	-	-35,862	2,347
Gain on sales of discontinued operations
-	-	-	-	-	-	-	-	-	-	536
Net (loss)
-9,676	-10,481	-2,399	-5,465	7,738	-	-	-	-	-51,485	-24,747
Weighted average number of common shares - basic and diluted
86,341	88,420	84,168	81,672	81,356	75,311	68,381	68,017	66,387	63,843	46,234
Rental Revenues [Member]
Total revenues
142,719	147,236	144,496	118,098	116,739	116,505	110,353	104,187	100,925	101,624	113,041
Expense Recoveries [Member]
Total revenues
-	-	-	32,036	31,834	31,392	28,691	25,518	26,056	25,588	27,066
Other [Member]
Total revenues
1,364	4,784	1,512	952	634	287	554	6,021	3,007	3,786	288