CIM Commercial Trust Corp CMCT Income Statement

Cim commercial trust corp (CMCT)

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:
Rental and other property income
69,569	88,331	110,826	130,126	145,532	147,095	150,627	151,320	159,619	175,534	148,927	169,042	184,542	196,331	245,688	250,897	252,444	252,994	250,153	246,835	244,468	240,892	237,777	232,795	227,959	223,304	0	0	0	-	-	-	-	-	-	-	-	-	-
Hotel income
33,588	35,633	35,195	35,176	35,787	35,672	35,809	35,843	35,515	35,576	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Expense reimbursements
-	-	-	-	-	-	-	-	-	-	12,647	11,814	12,604	12,502	13,742	13,194	13,141	13,394	12,392	12,401	11,784	10,954	10,261	9,506	9,457	9,556	0	0	0	-	-	-	-	-	-	-	-	-	-
Interest and other income
15,090	16,025	17,352	16,463	15,134	14,703	23,709	26,042	25,300	24,949	14,267	11,682	12,285	12,016	16,209	15,676	12,741	10,560	11,999	9,965	11,217	10,981	3,043	3,150	2,686	2,953	0	0	0	-	-	-	-	-	-	-	-	-	-
Interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	13,581	13,737	0	0	0
Premium income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-
Other income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	1,633	1,845	0	0	0
REVENUES
118,247	139,989	163,373	181,765	196,453	197,470	199,872	207,649	217,404	236,059	248,254	257,202	264,263	265,931	275,639	279,767	278,326	276,948	274,544	269,201	267,469	262,827	251,081	245,451	240,102	235,813	395,531	342,908	287,034	232,513	214,196	213,141	213,024	213,293	16,015	16,141	0	0	0
EXPENSES:
Rental and other property operating
55,190	62,928	70,028	77,147	82,254	79,917	84,087	89,740	96,224	101,268	105,670	111,335	116,385	124,703	129,423	131,061	131,747	133,178	134,908	132,543	129,997	126,874	120,359	115,235	110,028	105,163	0	0	0	-	-	-	-	-	-	-	-	-	-
Asset management and other fees to related parties
16,556	18,303	20,131	22,271	24,126	24,451	25,267	26,042	27,762	30,251	31,838	33,438	33,951	33,882	35,608	35,511	34,591	33,169	29,735	27,812	26,694	25,222	24,036	23,002	22,095	21,767	0	0	0	-	-	-	-	-	-	-	-	-	-
Salaries and related benefits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	4,249	4,172	0	0	0
Interest
11,297	12,175	15,483	20,045	24,306	26,894	26,248	28,642	31,344	34,484	38,644	39,561	37,343	34,385	31,246	26,751	25,042	23,630	23,365	22,637	21,616	20,250	17,571	17,129	17,289	17,929	30,223	26,499	22,650	18,856	17,903	17,957	18,038	18,128	3,913	3,983	0	0	0
General and administrative
6,300	6,354	7,464	7,285	7,579	9,167	7,307	7,444	7,176	5,479	6,330	7,214	7,698	7,961	9,125	8,928	8,752	9,402	12,593	12,458	12,860	11,042	5,772	4,442	2,800	2,568	3,101	3,032	2,855	2,773	1,957	2,016	2,022	2,066	2,052	2,142	0	0	0
Transaction costs
530	574	1,179	854	982	938	351	578	11,849	11,862	11,890	11,701	204	340	664	848	1,103	1,382	2,055	1,864	1,523	1,563	3,165	4,513	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
23,002	27,374	35,440	43,570	49,710	53,228	52,683	52,845	54,281	58,364	63,170	67,422	71,141	71,968	72,056	72,205	71,291	72,361	72,022	71,826	71,546	69,047	68,946	67,889	68,136	68,644	0	0	0	-	-	-	-	-	-	-	-	-	-
Gain (Loss) on Extinguishment of Debt
-4,911	-29,982	-30,790	-30,790	-25,879	-808	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of Real Estate
2,800	69,000	69,000	69,000	66,200	0	0	13,100	0	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EXPENSES
120,586	226,690	249,515	270,962	281,036	195,403	204,158	213,506	249,951	263,023	270,642	283,771	266,722	273,239	278,122	275,304	272,526	273,122	274,678	269,140	264,236	253,998	238,280	231,866	225,879	221,134	0	0	0	-	-	-	-	-	-	-	-	-	-
Bargain purchase gain
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,918	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gains (Losses) on Sales of Investment Real Estate
55,523	433,104	433,104	432,802	377,581	0	29,366	104,081	220,364	408,098	378,732	318,944	202,661	39,666	39,666	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(LOSS) INCOME BEFORE PROVISION FOR INCOME TAXES
53,184	346,403	346,962	343,605	292,998	2,067	25,080	98,224	187,817	381,134	356,344	292,375	200,202	32,358	40,275	32,294	33,631	6,918	-134	61	3,233	13,747	17,719	18,503	19,141	14,679	0	0	0	-	-	-	-	-	-	-	-	-	-
Provision for loan losses, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	849	970	0	0	0
Strategic alternatives
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	-	-	-	-
Total expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	11,124	11,267	0	0	0
Income (loss) before income tax provision and discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	4,891	4,874	0	0	0
Provision for income taxes
542	882	816	844	855	925	978	1,202	1,372	1,376	1,799	1,839	1,848	1,646	1,219	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	58	47	0	0	0
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
-	-	-	-	-	-	-	-	-	-	-	-	-	30,712	34,466	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax
-	-	-	-	-	-	-	-	-	-	-	-	-	3,853	4,615	8,552	10,868	13,140	14,459	13,124	13,484	11,455	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET INCOME FROM DISCONTINUED OPERATIONS
-	-	-	-	-	-	-	-	-	-	-	-	-	3,853	9,766	13,703	16,019	18,291	14,459	13,124	13,484	11,455	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
52,642	345,521	346,146	342,761	292,143	1,142	24,102	97,022	186,445	379,758	355,337	292,031	201,517	34,565	48,374	44,530	48,654	24,403	13,542	12,581	16,113	24,598	26,301	23,780	20,074	14,679	0	0	0	-	-	-	-	-	-	-	-	-	-
Net (income) loss attributable to noncontrolling interests
26	-152	-159	-168	-157	21	26	23	20	21	19	20	20	18	8	17	0	-	0	0	-	220	218	217	215	213	0	0	0	-	-	-	-	-	-	-	-	-	-
Income (loss) from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	4,833	4,827	0	0	0
Discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-638	-142	0	0	0
NET (LOSS) INCOME ATTRIBUTABLE TO THE COMPANY
52,616	345,673	346,305	342,929	292,300	1,121	24,076	96,999	186,425	379,737	355,318	292,011	201,497	34,547	48,359	44,513	48,640	24,392	13,425	12,468	15,891	24,378	26,083	23,563	19,859	14,466	31,972	30,680	25,570	19,589	3,037	3,297	5,051	6,122	4,195	4,685	0	0	0
Redeemable preferred stock dividends declared or accumulated (Note 10)
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Redeemable preferred stock dividends declared or accumulated (Note 10)
0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Redeemable preferred stock dividends declared (Note 10)
-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Redeemable preferred stock redemptions (Note 10)
5,888	5,882	9	10	7	4	5	4	3	2	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET (LOSS) INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS
28,278	322,696	329,321	326,495	276,359	-14,298	11,016	87,721	180,888	377,813	355,068	291,899	201,457	34,538	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
COMPREHENSIVE INCOME
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-
NET (LOSS) INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS PER SHARE: (1)
Basic (in usd per share)
-0.46	1.42	-0.11	1.10	19.70	-0.57	-0.30	-0.04	-0.07	11.69	1.25	1.16	2.31	-	-	-	-	-	-	-	-	-	-	-	-	-	0.02	0.05	0.01	-	-	-	-	-	-	-	-	-	-
Continuing operations (in usd per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-0.02	0.10	-0.01	0.27	0.04	0.01	0.01	0.00	-0.03	0.01	0.04	0.11	-	-	-	-	-	0.06	-0.01	0.00	-	0.12	0.12	0.11	0.11	0.12
Discontinued operations (in usd per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.01	0.02	0.01	0.07	0.05	0.04	0.03	0.03	0.03	0.05	0.01	-	-	-	-	-	-0.02	-0.03	-0.01	-	-0.05	0.01	-0.02	-	-
Earnings Per Share, Basic and Diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-0.01	0.10	0.01	0.28	0.12	0.05	0.05	0.03	0.00	0.04	0.09	0.12	-	-	-	-	-	0.04	-0.04	-0.01	-	0.07	0.13	0.09	0.11	0.12
Diluted (in usd per share)
-0.46	-0.12	-0.11	1.07	18.90	-0.57	-0.30	-0.04	-0.07	11.69	1.25	1.16	2.31	-	-	-	-	-	-	-	-	-	-	-	-	-	0.02	0.05	0.01	-	-	-	-	-	-	-	-	-	-
WEIGHTED AVERAGE SHARES OF COMMON STOCK OUTSTANDING: (1)
Basic (in shares)
14,598	-14,595	14,598	43,791	14,598	-43,786	14,598	43,791	43,785	-128,711	57,876	78,871	84,048	83,922	87,045	96,683	97,662	97,591	97,590	97,589	97,582	97,605	97,582	97,571	95,934	-286,320	95,440	95,440	477,200	350,008	10,590	10,586	10,576	-	10,575	10,570	10,561	10,558	10,550
Diluted (in shares)
14,599	-9,725	14,599	45,853	15,245	-43,786	14,598	43,791	43,785	-128,703	57,876	78,871	84,048	83,922	87,045	96,683	97,662	97,591	97,590	97,589	97,582	97,609	97,583	97,576	95,936	-286,320	95,440	95,440	477,200	349,987	10,590	10,607	10,576	-	10,589	10,626	10,617	10,574	10,566