CEDAR REALTY TRUST, INC. CDR Income Statement

Cedar realty trust, inc. (CDR)

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
REVENUES
Total revenues
149,685	144,083	145,387	145,645	151,335	152,020	152,225	152,453	146,802	146,008	146,041	147,436	149,609	151,086	151,646	149,953	148,823	149,207	148,142	148,541	149,107	148,184	147,459	145,138	141,751	139,598	134,613	133,924	136,901	135,726	134,253	134,182	129,862	129,988	132,216	136,787	0	0	0
EXPENSES
Operating, maintenance and management
27,347	27,593	28,039	28,112	27,944	27,771	26,850	26,034	25,502	24,752	24,636	24,613	24,787	24,898	24,675	24,191	24,212	25,401	25,394	26,134	26,780	26,604	26,961	26,740	25,791	24,418	22,921	22,626	22,768	22,343	23,254	24,369	24,731	26,787	26,368	26,798	0	0	0
Real estate and other property-related taxes
20,666	20,754	20,426	20,285	20,254	20,123	20,152	20,046	19,911	19,577	19,374	19,462	19,482	19,617	19,660	19,358	19,382	19,189	18,854	18,640	18,318	18,182	18,290	18,236	17,987	17,901	17,334	17,274	17,129	17,044	16,829	16,587	16,381	16,156	16,331	17,028	0	0	0
General and administrative
19,008	18,804	19,272	18,361	17,219	16,915	17,158	17,304	17,265	16,907	17,008	17,205	16,943	18,154	17,377	16,755	16,432	15,004	15,003	14,623	14,751	14,356	14,626	14,558	14,234	13,980	13,252	13,641	13,922	14,277	13,455	12,717	11,671	10,740	10,705	9,912	0	0	0
Employee termination costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	106	1,237	0	0	-	0	-	-	-	-	0	-	-	-
Acquisition pursuit costs
-	-	-	-	-	-	-	-	-	156	165	458	985	3,426	4,156	3,863	3,336	1,238	499	499	499	2,870	0	0	0	-	-	-	-	-	-	-	-	1,436	3,212	3,287	0	0	0
Depreciation and amortization
49,479	45,861	40,830	39,933	40,128	40,053	40,182	40,339	39,751	40,115	39,919	40,525	41,544	40,787	40,769	39,998	38,747	38,594	38,765	38,788	38,760	38,700	41,076	44,593	44,352	44,405	40,704	36,776	37,092	43,289	48,757	49,297	48,840	41,862	36,671	38,099	0	0	0
Total expenses
116,500	113,012	108,567	106,691	105,545	104,862	104,342	103,723	102,429	101,507	101,102	102,263	103,741	106,882	106,637	104,165	102,109	99,426	98,515	98,684	99,108	100,712	105,105	108,279	106,516	100,992	93,374	90,611	91,205	98,241	103,874	110,837	115,913	111,004	107,284	102,191	0	0	0
OTHER
Gain on sales
-	2,942	7,806	0	0	-	0	-	-	7,099	7,099	7,099	7,099	59	0	0	0	-	-	-	-	-	0	0	-	609	748	827	0	-	0	0	-	130	0	0	0	-	-
Impairment reversal/(charges)
-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Early extinguishment of debt costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-
Write-off of investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-
Impairment charges
0	-	-	-	-	-	-	0	0	-	-	0	-	-	0	-	-	-212	-7,069	-5,946	-4,345	-3,148	4,335	3,085	1,360	172	0	0	0	-	-	-	-	-	0	-	-	0	0
Total other
-13,571	-5,996	2,942	8,513	5,672	-15,825	-15,513	-21,084	-30,934	-2,439	-2,828	-9,098	752	-6,288	-4,893	1,504	1,380	212	-920	35	2,244	3,265	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
OPERATING INCOME
19,614	25,075	39,762	47,467	51,462	31,333	32,370	27,646	13,439	42,062	42,111	36,075	46,620	37,916	40,116	47,292	48,094	49,993	48,707	49,892	52,243	50,737	46,214	39,637	35,928	39,387	36,737	38,811	41,194	32,983	30,379	23,345	13,949	18,984	24,932	34,596	0	0	0
NON-OPERATING INCOME AND EXPENSES
Interest expense
23,135	23,509	23,546	23,064	22,666	22,146	22,029	22,022	22,141	22,199	22,398	23,490	24,953	26,529	27,629	27,920	27,999	28,272	29,302	30,591	31,508	32,301	32,768	33,145	33,946	34,762	35,214	36,224	37,020	38,289	39,656	40,521	40,977	41,312	41,659	43,483	0	0	0
Early extinguishment of debt costs
-	-	-	-	-	-	0	-	-	-	-	-	-	2,623	241	239	137	105	780	732	794	825	0	0	0	-	-	-	-	2,607	0	0	0	-	-	-	-	0	-
Interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	318	296	363	349	221	185	0	0	0
Equity in income of unconsolidated joint ventures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,481	1,951	1,867	1,325	1,671	864	1,016	0	0	0
Total non-operating income and expenses
-23,135	-23,509	-23,546	-27,893	-27,495	-26,975	-27,068	-22,232	-22,351	-22,409	-24,984	-26,126	-27,487	-29,152	-27,666	-27,955	-28,136	-28,377	-30,082	-31,323	-32,302	-33,126	-33,264	-33,641	-34,401	-34,868	-5,067	-5,201	-5,259	-8,889	-39,541	-40,784	-49,755	-47,123	-50,929	-52,767	0	0	0
INCOME FROM CONTINUING OPERATIONS
-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,450	19,337	19,958	21,616	18,625	18,569	19,941	17,611	12,950	5,996	1,527	4,519	31,670	33,610	35,935	24,094	-9,162	-17,439	-35,806	-28,139	-25,997	-18,171	0	0	0
Income from operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12	80	160	795	1,647	2,088	2,954	3,188	2,280	3,615	3,911	4,000	5,526	8,005	7,390	7,210	7,199	3,194	2,410	0	0	0
Impairment reversals
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	153	-288	-105	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on extinguishment of debt obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Gain on sales
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	4,679	1,224	0	0	-	-	0	-	-	0
Impairment reversals/(charges), net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	284	105	64,776	77,034	88,458	87,249	25,568	0	0	0
Total income from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	165	596	235	10,439	11,080	17,263	18,570	10,533	9,683	7,420	7,716	6,800	9,921	9,060	-56,226	-68,483	-80,375	-83,581	-22,689	0	0	0
NET (LOSS) INCOME
-3,521	1,566	16,216	19,574	23,967	4,358	5,302	5,414	-8,912	19,653	0	0	0	-	-	-	-	21,781	19,221	18,804	30,380	28,691	30,213	24,566	12,060	14,202	39,090	41,326	42,735	34,015	-102	-73,665	-104,289	-108,514	-109,578	-40,860	0	0	0
Net (income) loss attributable to noncontrolling interests:
Minority interests in consolidated joint ventures
618	547	518	478	467	497	524	536	521	523	470	273	55	-162	-366	-384	-395	-393	-339	-346	-382	-370	-392	-357	-307	-247	-89	2,524	3,283	4,335	5,097	-752	-1,436	-2,507	-3,526	-328	0	0	0
Limited partners' interest in Operating Partnership
-87	-57	33	51	61	-28	-32	-72	-132	-13	-24	-18	22	-17	-6	20	23	28	23	20	89	80	88	68	-7	1	77	72	76	-26	-266	-1,704	-2,291	-2,446	-2,490	-1,213	0	0	0
Total net (income) attributable to noncontrolling interests
531	490	551	529	528	469	492	464	389	510	446	255	77	-179	-372	-364	-372	-365	-316	-326	-293	-290	-304	-289	-314	-246	-12	2,596	3,359	4,309	4,831	-2,456	-3,727	-4,953	-6,016	-1,541	0	0	0
NET (LOSS) INCOME ATTRIBUTABLE TO CEDAR REALTY TRUST, INC.
-4,052	1,076	15,665	19,045	23,439	3,889	4,810	4,950	-9,301	19,143	16,681	9,694	19,056	8,943	12,822	19,701	20,330	22,146	19,537	19,130	30,673	28,981	30,517	24,855	12,374	14,448	39,102	38,730	39,376	29,706	-4,933	-71,209	-100,562	-103,561	-103,562	-39,319	0	0	0
Preferred stock dividends
10,752	10,752	10,752	10,752	10,752	10,863	11,088	11,935	12,849	13,652	14,341	14,408	14,408	14,408	14,408	14,408	14,408	14,408	14,408	14,408	14,408	14,408	14,408	14,408	14,408	14,413	14,615	14,890	14,895	14,819	14,595	14,258	0	-	0	0	-	-	-
Preferred stock redemption costs
-	-	-	-	-	3,507	11,397	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,166	1,339	1,721	0	-	0	0	-	-	-	-	-	-	-
Preferred distribution requirements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
NET (LOSS) INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS
-14,804	-9,676	4,913	8,293	12,687	-10,481	-9,785	-18,382	-33,547	-2,399	-5,550	-4,714	4,648	-5,465	-1,586	5,293	5,922	7,738	5,129	4,722	16,265	14,573	16,109	10,447	-2,034	-1,131	18,878	18,058	18,317	9,889	-20,082	-85,888	-114,792	-117,761	-116,862	-51,008	0	0	0
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
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-38,109	-28,759	0	0	0
Income (loss) from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-78,753	-22,244	0	0	0
Gain on sales of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Net (loss)
-14,804	-9,676	4,913	8,293	12,687	-10,481	-9,785	-18,382	-33,547	-2,399	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-116,862	-51,008	0	0	0
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
141,242	142,719	151,862	152,239	146,381	147,236	162,471	154,966	153,720	144,496	113,702	115,499	117,191	118,098	118,558	117,608	116,907	116,739	116,170	116,317	116,927	116,505	115,939	114,075	111,564	110,353	106,158	105,274	104,892	104,187	103,018	102,875	101,876	100,925	102,436	106,959	0	0	0
Expense Recoveries [Member]
Total revenues
-	-	-	-	-	-	-	32,913	-	-	30,880	30,967	31,426	32,036	31,899	31,228	31,171	31,834	31,713	31,989	31,896	31,392	31,214	30,659	29,801	28,691	27,304	26,704	26,584	25,518	24,998	25,293	24,844	26,056	26,050	26,500	0	0	0
Other [Member]
Total revenues
8,443	1,364	1,292	1,173	4,954	4,784	4,783	5,080	1,430	1,512	1,459	970	992	952	1,189	1,117	745	634	259	235	284	287	306	404	386	554	1,151	1,946	5,425	6,021	6,237	6,014	3,142	3,007	3,730	3,328	0	0	0