| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | |
|---|---|---|---|---|---|---|
Revenues | ||||||
Interest income | ||||||
166,771 | 214,588 | 416,234 | 385,851 | 417,305 | - | |
Asset management and other fees (refer to Note 3) (2) | ||||||
- | - | - | - | - | 147,738 | |
Selling commission and dealer manager fees (refer to Note 3) | ||||||
- | - | - | - | - | 110,563 | |
Total revenues | ||||||
2,326,354 | 2,366,942 | 2,549,540 | 838,857 | 794,371 | 259,142 | |
Expenses | ||||||
Property operating expense | ||||||
1,090,909 | 1,150,656 | 1,046,313 | 118,461 | 117,713 | - | |
Interest expense | ||||||
535,538 | 552,838 | 536,256 | 170,083 | 133,094 | 0 | |
Management fees to former manager (Note 3) | ||||||
- | - | - | - | 15,062 | - | |
Commission expense (refer to Note 3) | ||||||
- | - | - | - | - | 104,428 | |
Investment and servicing expense | ||||||
78,258 | 67,113 | 67,455 | 23,666 | 20,985 | - | |
Transaction costs | ||||||
3,607 | 7,266 | 95,859 | 40,605 | 38,888 | 24,476 | |
Placement fees | ||||||
1,802 | 7,615 | 824 | 900 | - | - | |
Depreciation and amortization | ||||||
489,792 | 443,302 | 508,514 | 171,682 | 140,977 | 894 | |
Provision for loan loss | ||||||
35,880 | 43,034 | 19,741 | 35,005 | 39,859 | - | |
Impairment loss | ||||||
1,146,443 | 587,275 | 420,316 | 11,717 | 11,192 | - | |
Other expenses | ||||||
- | - | - | - | - | 601 | |
Compensation expense—cash and equity-based | ||||||
214,826 | 213,882 | 338,766 | 111,838 | 84,506 | 88,855 | |
Compensation expense—carried interest and incentive fee | ||||||
16,564 | 7,485 | 0 | 0 | - | - | |
Other general and administrative expenses | ||||||
- | - | - | - | - | 17,717 | |
Administrative expenses | ||||||
90,356 | 92,431 | 106,279 | 50,799 | 38,238 | 106,572 | |
Total expenses | ||||||
3,703,975 | 3,172,897 | 3,140,323 | 734,756 | 640,514 | 236,971 | |
Other income (loss) | ||||||
Gain on sale of real estate | ||||||
62,916 | 159,598 | 112,758 | 73,616 | 8,962 | - | |
Other loss, net | ||||||
-193,302 | 51,706 | -25,814 | 18,416 | -5,170 | - | |
Unrealized gain (loss) on investments and other | ||||||
- | - | - | - | - | -410 | |
Realized gain (loss) on investments and other | ||||||
- | - | - | - | - | 0 | |
Income (loss) before equity in earnings (losses) of unconsolidated ventures and income tax benefit (expense) | ||||||
- | - | - | - | - | 21,761 | |
Equity method earnings | ||||||
-140,384 | -9,601 | 283,283 | 99,375 | 47,605 | -1,039 | |
Equity method earnings—carried interest | ||||||
11,682 | 9,525 | 0 | 0 | - | - | |
Gain on remeasurement of consolidated investment entities, net (Note 3) | ||||||
- | - | - | - | 41,486 | - | |
Loss from continuing operations before income taxes | ||||||
-1,636,709 | -594,727 | -220,556 | 295,508 | 246,740 | 20,722 | |
Income tax expense | ||||||
14,003 | -59,970 | -100,495 | 4,782 | -9,296 | 1,622 | |
Loss from continuing operations | ||||||
-1,650,712 | -534,757 | -120,061 | 290,726 | 256,036 | - | |
Income from discontinued operations | ||||||
1,501,797 | 39,582 | 55,448 | 0 | 0 | - | |
Net loss | ||||||
-148,915 | -495,175 | -64,613 | 290,726 | 256,036 | 19,100 | |
Net income (loss) attributable to noncontrolling interests: | ||||||
Net (income) loss attributable to non-controlling interests | ||||||
- | - | - | - | - | 0 | |
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest | ||||||
- | - | - | 0 | 0 | 0 | |
Redeemable noncontrolling interests | ||||||
2,559 | -3,708 | 23,543 | - | - | - | |
Investment entities | ||||||
990,360 | 67,994 | 129,996 | 163,084 | 86,123 | - | |
Operating Company | ||||||
-93,027 | -39,854 | -20,261 | 12,324 | 19,933 | - | |
Net loss attributable to Colony Capital, Inc. | ||||||
-1,048,807 | -519,607 | -197,891 | 115,318 | 149,980 | 19,100 | |
Preferred stock redemption (Note 14) | ||||||
5,150 | 3,995 | 4,530 | 0 | 0 | - | |
Preferred stock dividends | ||||||
108,550 | 117,097 | 130,672 | 48,159 | 42,569 | - | |
Net loss attributable to common stockholders | ||||||
-1,152,207 | -632,709 | -333,093 | 67,159 | 107,411 | - | |
Basic loss per share | ||||||
Loss from continuing operations per basic common share (in dollars per share) | ||||||
-3.38 | -1.31 | -0.70 | 0.39 | 0.65 | - | |
Net loss per basic common share (in dollars per share) | ||||||
-2.41 | -1.28 | -0.64 | 0.39 | 0.65 | 0.10 | |
Diluted loss per share | ||||||
Loss from continuing operations per diluted common share (in dollars per share) | ||||||
-3.38 | -1.31 | -0.70 | 0.39 | 0.65 | - | |
Net loss per diluted common share (in dollars per share) | ||||||
-2.41 | -1.28 | -0.64 | 0.39 | 0.65 | 0.10 | |
Weighted average number of shares | ||||||
Basic (in shares) | ||||||
479,588 | 496,993 | 532,600 | 164,570 | 162,658 | 187,852 | |
Diluted (in shares) | ||||||
479,588 | 496,993 | 532,600 | 164,570 | 162,658 | 190,441 | |
Equity-based compensation expense | ||||||
- | - | - | - | - | 51,650 | |
Property operating income | ||||||
Income | ||||||
1,856,409 | 1,960,559 | 1,873,055 | 371,082 | 299,871 | - | |
Fee income ($43,100 and $30,850 from affiliates, respectively) | ||||||
Income | ||||||
223,915 | 144,443 | 216,767 | 67,731 | 65,813 | - | |
Other income ($2,486 and $9,845 from affiliates, respectively) | ||||||
Income | ||||||
79,259 | 47,352 | 43,484 | 14,193 | 11,382 | 841 | |