Cedar realty trust, inc. (CDR)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
REVENUES
Total revenues

42,485

35,628

35,912

35,660

36,883

36,932

36,170

41,350

37,568

37,137

36,398

35,699

36,774

37,170

37,793

37,872

38,251

37,730

36,100

36,742

38,635

36,665

36,499

37,308

37,712

35,940

34,178

33,921

35,559

30,955

33,489

36,898

34,384

29,482

33,418

32,578

34,510

31,710

37,989

EXPENSES
Operating, maintenance and management

7,721

7,143

6,321

6,162

7,967

7,589

6,394

5,994

7,794

6,668

5,578

5,462

7,044

6,552

5,555

5,636

7,155

6,329

5,071

5,657

8,344

6,322

5,811

6,303

8,168

6,679

5,590

5,354

6,795

5,182

5,295

5,496

6,370

6,093

6,410

5,858

8,426

5,674

6,840

Real estate and other property-related taxes

5,122

5,279

5,178

5,087

5,210

4,951

5,037

5,056

5,079

4,980

4,931

4,921

4,745

4,777

5,019

4,941

4,880

4,820

4,717

4,965

4,687

4,485

4,503

4,643

4,551

4,593

4,449

4,394

4,465

4,026

4,389

4,249

4,380

3,811

4,147

4,043

4,155

3,986

4,844

General and administrative

5,002

3,702

4,886

5,418

4,798

4,170

3,975

4,276

4,494

4,413

4,121

4,237

4,136

4,514

4,318

3,975

5,347

3,737

3,696

3,652

3,919

3,736

3,316

3,780

3,524

4,006

3,248

3,456

3,270

3,278

3,637

3,737

3,625

2,456

2,899

2,691

2,694

2,421

2,106

Employee termination costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

106

-

1,131

-

-

-

-

6,350

-

-

-

Acquisition pursuit costs

-

-

-

-

-

-

-

-

-

0

0

0

156

9

293

527

2,597

739

0

0

499

0

0

0

2,870

-

-

-

-

-

-

-

-

267

-73

73

1,169

2,043

2

Depreciation and amortization

13,747

14,839

10,547

10,346

10,129

9,808

9,650

10,541

10,054

9,937

9,807

9,953

10,418

9,741

10,413

10,972

9,661

9,723

9,642

9,721

9,508

9,894

9,665

9,693

9,448

12,270

13,182

9,452

9,501

8,569

9,254

9,768

15,698

14,037

9,794

9,311

8,720

8,846

11,222

Total expenses

31,592

30,963

26,932

27,013

28,104

26,518

25,056

25,867

27,421

25,998

24,437

24,573

26,499

25,593

25,598

26,051

29,640

25,348

23,126

23,995

26,957

24,437

23,295

24,419

28,561

28,830

26,469

22,656

23,037

21,212

23,706

23,250

30,073

26,845

30,669

28,326

25,164

23,125

25,576

OTHER
Gain on sales

-

0

0

2,841

101

-

4,864

-

-

0

0

0

7,099

0

0

0

59

-

-

-

-

-

2,332

3,810

-

263

0

0

346

-

402

79

-

-28

130

0

28

-

-

Impairment reversal/(charges)

-

-

-

-

-

-

707

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Early extinguishment of debt costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

21

85

-

-

-

-

-

-

-

-

-

-

Write-off of investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,961

-

-

-

Impairment charges

7,474

-

-

-

-

-

-

0

21,396

-

-

9,850

-

-

6,270

-

-

646

127

124

-1,109

-6,211

1,250

1,725

88

1,272

0

0

-1,100

-

-

-

-

-

7,419

-

-

155

562

Total other

-7,474

-8,938

0

2,841

101

0

5,571

0

-21,396

312

0

-9,850

7,099

-77

-6,270

0

59

1,318

127

-124

-1,109

186

1,082

2,085

-88

-

-

-

-

-

-

-

-

-

-

-

-

-

-

OPERATING INCOME

3,419

-4,273

8,980

11,488

8,880

10,414

16,685

15,483

-11,249

11,451

11,961

1,276

17,374

11,500

5,925

11,821

8,670

13,700

13,101

12,623

10,569

12,414

14,286

14,974

9,063

7,891

7,709

11,265

12,522

5,241

9,783

13,648

4,311

2,637

2,749

4,252

9,346

8,585

12,413

NON-OPERATING INCOME AND EXPENSES
Interest expense

5,517

5,641

6,033

5,944

5,891

5,678

5,551

5,546

5,371

5,561

5,544

5,665

5,429

5,760

6,636

7,128

7,005

6,860

6,927

7,207

7,278

7,890

8,216

8,124

8,071

8,357

8,593

8,925

8,887

8,809

9,603

9,721

10,156

10,176

10,468

10,177

10,491

10,523

12,292

Early extinguishment of debt costs

-

-

-

-

-

-

4,829

-

-

-

-

-

-

2,382

50

102

89

0

48

0

57

675

0

62

88

-

-

-

-

0

0

0

2,607

-

-

-

-

2,552

-

Interest income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

63

62

62

131

41

129

48

3

5

Equity in income of unconsolidated joint ventures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

49

411

576

445

519

327

34

791

-288

479

Total non-operating income and expenses

-5,517

-5,641

-6,033

-5,944

-5,891

-5,678

-10,380

-5,546

-5,371

-5,771

-5,544

-5,665

-5,429

-8,346

-6,686

-7,026

-7,094

-6,860

-6,975

-7,207

-7,335

-8,565

-8,216

-8,186

-8,159

-8,703

-8,593

-8,946

-8,626

21,098

-8,727

-9,004

-12,256

-9,554

-9,970

-17,975

-9,624

-13,360

-11,808

INCOME FROM CONTINUING OPERATIONS

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-761

4,795

1,576

6,840

6,126

5,416

3,234

3,849

6,070

6,788

904

-812

-884

2,319

3,896

26,339

1,056

4,644

-7,945

-6,917

-7,221

-13,723

-278

-4,775

605

Income from operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

12

68

80

635

864

509

946

869

-44

1,844

1,242

958

1,482

4,323

627

778

1,471

318

-157

Impairment reversals

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

153

-

-441

183

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on extinguishment of debt obligations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,423

-

-

-

1,298

-

-

-

-

-

-

-

-

-

-

-

Gain on sales

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,963

-

-

-

-

-

3,929

0

293

457

-

-

474

-

-

-5

Impairment reversals/(charges), net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

58

-

-

-

-

1,422

0

0

-1,138

1,243

64,671

12,258

10,286

34

2,990

Total income from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

165

431

-361

10,204

806

6,614

946

2,167

-44

4,351

1,242

1,251

3,077

3,490

-64,044

-11,006

-8,815

284

-3,152

NET (LOSS) INCOME

-2,098

-9,914

2,947

5,544

2,989

4,736

6,305

9,937

-16,620

5,680

6,417

-4,389

11,945

-

-

-

-

6,840

6,126

5,416

3,399

4,280

5,709

16,992

1,710

5,802

62

4,486

3,852

30,690

2,298

5,895

-4,868

-3,427

-71,265

-24,729

-9,093

-4,491

-2,547

Net (income) loss attributable to noncontrolling interests:
Minority interests in consolidated joint ventures

176

132

166

144

105

103

126

133

135

130

138

118

137

77

-59

-100

-80

-127

-77

-111

-78

-73

-84

-147

-66

-95

-49

-97

-6

63

2,564

662

1,046

825

-3,285

-22

-25

-194

-87

Limited partners' interest in Operating Partnership

-28

-77

1

17

2

13

19

27

-87

9

-21

-33

32

-2

-15

7

-7

9

11

10

-2

4

8

79

-11

12

-12

4

-3

88

-17

8

-105

-152

-1,455

-579

-260

-196

-178

Total net (income) attributable to noncontrolling interests

148

55

167

161

107

116

145

160

48

139

117

85

169

75

-74

-93

-87

-118

-66

-101

-80

-69

-76

-68

-77

-83

-61

-93

-9

151

2,547

670

941

673

-4,740

-601

-285

-390

-265

NET (LOSS) INCOME ATTRIBUTABLE TO CEDAR REALTY TRUST, INC.

-2,246

-9,969

2,780

5,383

2,882

4,620

6,160

9,777

-16,668

5,541

6,300

-4,474

11,776

3,079

-687

4,888

1,663

6,958

6,192

5,517

3,479

4,349

5,785

17,060

1,787

5,885

123

4,579

3,861

30,539

-249

5,225

-5,809

-4,100

-66,525

-24,128

-8,808

-4,101

-2,282

Preferred stock dividends

2,688

2,688

2,688

2,688

2,688

2,688

2,688

2,688

2,799

2,913

3,535

3,602

3,602

3,602

3,602

3,602

3,602

3,602

3,602

3,602

3,602

3,602

3,602

3,602

3,602

3,602

3,602

3,602

3,607

3,804

3,877

3,607

3,531

-

3,580

3,540

-

-

-

Preferred stock redemption costs

-

-

-

-

-

0

0

0

3,507

-

7,890

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1,166

-

173

382

-

-

-

-

-

-

-

Preferred distribution requirements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,501

2,679

1,969

NET (LOSS) INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS

-4,934

-12,657

92

2,695

194

1,932

3,472

7,089

-22,974

2,628

-5,125

-8,076

8,174

-523

-4,289

1,286

-1,939

3,356

2,590

1,915

-123

747

2,183

13,458

-1,815

2,283

-3,479

977

-912

22,292

-4,299

1,236

-9,340

-7,679

-70,105

-27,668

-12,309

-6,780

-4,251

Basic

-

-

0.00

0.03

-

-

0.04

0.08

-

-

-0.06

-0.10

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Diluted

-

-

0.00

0.03

-

-

0.04

0.08

-

-

-0.06

-0.10

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic

-

-

86,262

86,260

-

-

89,049

88,011

-

-

85,642

81,771

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Diluted

-

-

86,262

86,260

-

-

89,875

88,166

-

-

85,642

81,771

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.05

0.03

0.02

-0.01

0.01

0.03

0.04

-0.04

-0.06

-0.07

-0.02

-0.02

0.26

-0.05

0.01

-0.17

-0.18

-0.16

-0.25

-0.05

-0.10

-0.02

Discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.01

0.00

0.00

0.01

0.00

0.00

0.13

0.01

0.09

0.02

0.03

0.00

0.07

-0.02

0.00

0.03

0.03

-0.89

-0.16

-0.13

0.00

-0.05

NET (LOSS) INCOME PER COMMON SHARE ATTRIBUTABLE TO COMMON SHAREHOLDERS (BASIC AND DILUTED):

-0.06

-

-

-

0.00

-

-

-

-0.26

-

-

-

0.10

-0.01

-0.05

0.01

-0.03

0.04

0.03

0.02

0.00

0.01

0.03

0.17

-0.03

0.03

-0.05

0.01

-0.02

0.33

-0.07

0.01

-0.14

-0.15

-1.05

-0.41

-0.18

-0.10

-0.07

Loss from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,867

779

-11,296

-

-10,540

-16,873

-3,639

-7,057

-1,190

Income (loss) from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,432

457

1,956

-

-59,565

-10,795

-8,670

277

-3,056

Gain on sales of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-5

Net (loss)

-4,934

-12,657

92

2,695

194

1,932

3,472

7,089

-22,974

2,628

-5,125

-8,076

8,174

-

-4,289

1,286

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-4,299

1,236

-9,340

-

-70,105

-27,668

-12,309

-6,780

-4,251

Weighted average number of common shares - basic and diluted

86,370

-

-

-

86,580

-

-

-

87,623

-

-

-

81,734

81,679

81,676

81,677

81,656

81,619

81,598

81,488

80,719

75,546

75,547

75,531

74,620

68,475

68,365

68,345

68,339

68,263

68,232

68,038

67,535

63,422

66,800

68,099

67,227

65,835

64,434

Dividends declared per common share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.09

0.09

Rental Revenues [Member]
Total revenues

35,115

35,328

35,490

35,309

36,592

44,471

35,867

29,451

37,447

59,706

28,362

28,205

28,223

28,912

30,159

29,897

29,130

29,372

29,209

29,196

28,962

28,803

29,356

29,806

28,540

28,237

27,492

27,295

27,329

24,042

26,608

26,913

26,624

22,873

26,465

25,914

25,673

24,384

30,988

Expense Recoveries [Member]
Total revenues

-

-

-

-

-

-

-

7,767

-

-

7,436

7,012

8,348

8,084

7,523

7,471

8,958

7,947

6,852

7,414

9,621

7,826

7,128

7,321

9,117

7,648

6,573

6,463

8,007

6,261

5,973

6,343

6,941

5,741

6,268

5,894

8,153

5,735

6,718

Other [Member]
Total revenues

7,370

300

422

351

291

228

303

4,132

121

227

600

482

203

174

111

504

163

411

39

132

52

36

15

181

55

55

113

163

223

652

908

3,642

819

868

685

770

684

1,591

283