Coresite realty corp (COR)
Balance Sheet / 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'11Dec'10
ASSETS
Investments in real estate:
Land

94

94

90

87

86

86

97

97

97

97

97

97

97

100

82

82

76

74

74

78

80

78

79

79

79

78

76

76

76

85

85

84

84

84

84

84

84

Buildings and improvements

2,015

1,989

1,896

1,822

1,737

1,730

1,701

1,689

1,651

1,561

1,512

1,484

1,475

1,472

1,186

1,174

1,086

1,037

1,024

1,012

928

888

772

769

760

812

668

652

618

596

573

569

517

499

480

463

450

Leasehold improvements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

102

98

96

-

92

91

89

85

84

83

82

81

80

77

75

Total investments in real estate

2,110

2,084

1,987

1,910

1,824

1,817

1,799

1,787

1,749

1,658

1,609

1,581

1,572

1,572

1,269

1,256

1,162

1,111

1,099

1,091

1,008

967

954

947

937

891

837

819

784

768

743

738

685

665

645

625

610

Less: Accumulated depreciation and amortization

756

720

686

653

621

590

560

530

500

473

446

420

395

369

345

323

303

284

265

247

231

215

200

185

170

155

142

129

115

105

93

83

73

64

55

49

32

Net investment in operating properties

1,354

1,363

1,301

1,256

1,203

1,226

1,238

1,256

1,248

1,185

1,162

1,161

1,177

1,203

923

932

859

827

833

843

776

751

754

761

767

735

695

690

668

662

649

654

611

601

589

576

577

Construction in progress

437

394

389

386

364

265

199

146

121

162

153

128

98

70

272

210

200

183

126

106

165

178

171

161

134

157

157

104

98

61

51

32

69

73

75

63

11

Net investments in real estate

1,791

1,758

1,690

1,643

1,567

1,492

1,438

1,402

1,370

1,348

1,315

1,289

1,275

1,274

1,196

1,143

1,059

1,010

960

950

942

930

925

923

901

892

852

795

767

724

700

687

681

674

665

639

589

Operating lease right-of-use assets, net

175

172

177

181

186

190

194

181

88

92

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash and cash equivalents

3

3

4

2

2

2

5

2

3

5

4

22

2

4

6

2

3

6

9

7

12

10

9

11

10

5

0

2

8

8

13

5

3

6

10

31

86

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

8

8

9

10

16

14

Accounts and other receivables, net of allowance for doubtful accounts of $904 and $371 as of March 31, 2020, and December 31, 2019, respectively

24

21

26

29

26

18

24

25

25

28

27

21

21

25

16

13

16

12

14

15

10

10

11

10

10

10

11

7

10

9

10

8

7

6

7

6

5

Lease intangibles, net of accumulated amortization of $4,231 and $4,022 as of March 31, 2020, and December 31, 2019, respectively

3

3

4

5

6

6

7

8

5

6

6

7

8

9

3

3

4

4

5

5

6

7

7

9

9

11

12

14

16

19

23

28

30

36

43

50

71

Goodwill

40

40

40

40

40

40

40

40

40

40

40

40

41

41

41

41

41

41

41

41

41

41

41

41

41

41

41

41

41

41

41

41

41

41

41

41

41

Other assets, net

104

101

102

98

103

102

106

106

106

103

104

103

102

96

96

92

93

86

85

77

73

74

67

62

61

55

47

45

47

42

38

37

37

33

30

25

23

Total assets

2,144

2,100

2,046

2,001

1,932

1,853

1,818

1,767

1,640

1,625

1,499

1,485

1,452

1,451

1,359

1,296

1,217

1,162

1,115

1,097

1,086

1,074

1,062

1,057

1,035

1,016

965

906

891

845

827

817

810

808

808

811

833

LIABILITIES AND EQUITY
Liabilities:
Debt, net of unamortized deferred financing costs of $8,493 and $9,098 as of March 31, 20120 and December 31, 2019, respectively

1,572

1,478

1,380

1,310

1,210

1,130

1,073

1,030

986

939

788

769

719

690

590

496

458

391

-

-

-

317

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities

190

187

191

194

199

202

204

191

97

102

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revolving credit facility

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

110

102

233

-

205

176

160

174

108

73

52

-

62

54

40

5

-

-

0

Senior unsecured term loan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

250

250

100

-

100

100

100

-

-

-

-

-

-

-

-

-

-

-

-

Mortgage loan payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

58

58

59

59

59

91

91

91

116

110

110

124

Accounts payable and accrued expenses

102

123

132

122

116

89

88

71

64

77

67

49

55

72

86

115

68

75

56

41

44

42

38

74

63

48

75

50

49

50

44

36

39

38

42

41

26

Accrued dividends and distributions

61

62

61

61

55

55

51

51

48

48

46

46

41

41

28

28

28

28

22

22

22

22

18

-

-

18

-

-

-

-

-

-

-

-

-

-

-

Deferred rent payable

-

-

-

-

-

-

-

-

-

-

9

9

9

7

7

7

7

7

8

8

8

8

9

9

9

9

9

5

5

4

4

4

3

3

3

2

2

Acquired below-market lease contracts, net of accumulated amortization of $1,511 and $3,840 as of December 31, 2019, and December 31, 2018, respectively

2

2

2

2

2

2

2

3

3

3

3

3

4

4

4

4

4

4

4

5

5

5

5

6

6

6

7

7

7

8

9

10

10

11

13

14

16

Unearned revenue, prepaid rent and other liabilities

50

33

34

34

42

37

33

34

36

34

31

36

34

37

33

31

31

28

30

24

21

19

18

16

15

11

11

11

12

11

9

9

10

11

11

10

8

Total liabilities

1,979

1,887

1,803

1,725

1,626

1,519

1,454

1,382

1,237

1,206

947

915

863

854

750

682

598

536

483

454

436

416

396

383

354

328

270

206

187

134

221

206

196

188

181

179

178

Stockholders' equity:
Series A Cumulative Preferred Stock 7.25%, $115,000 liquidation preference ($25.00 per share, $0.01 par value), 20,000,000 shares authorized and zero and 4,600,000 shares issued and outstanding as of December 31, 2017, and December 31, 2016, respectively

-

-

-

-

-

-

-

-

-

-

115

115

115

115

115

115

115

115

115

115

115

115

115

115

115

115

115

115

115

115

-

-

-

-

-

-

-

Common Stock, par value $0.01, 100,000,000 shares authorized and 37,905,933 and 36,708,691 shares issued and outstanding at March 31, 2020, and December 31, 2019, respectively

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Additional paid-in capital

516

512

508

498

494

491

487

463

460

457

450

447

444

438

436

433

393

390

336

337

277

275

272

271

269

267

265

263

261

259

261

259

257

256

241

240

239

Accumulated other comprehensive loss

-19

-6

-6

-6

-5

-2

1

1

1

0

0

0

0

-0

-2

-3

-2

-0

-1

-0

-0

-0

0

-0

0

-

-

-

-

-

-0

-0

-0

-0

-0

-0

0

Distributions in excess of net income

376

348

321

293

267

246

226

207

191

177

158

143

128

118

105

99

94

88

81

77

72

67

63

58

54

50

45

43

-39

35

-32

-29

-26

-23

-19

-17

-7

Total stockholders' equity

120

158

180

199

221

242

263

258

270

281

407

419

431

435

443

446

412

416

368

374

319

322

325

327

330

332

334

335

336

338

229

230

230

232

221

223

232

Noncontrolling interests

43

55

63

76

84

92

99

126

132

137

144

150

157

161

165

167

206

210

263

267

329

335

341

345

350

355

360

364

367

372

377

380

383

387

405

408

422

Total equity

164

213

243

276

306

334

363

384

403

418

552

570

588

597

609

613

619

626

632

642

649

658

666

673

680

688

695

699

704

710

606

610

614

620

627

632

654

Total liabilities and equity

2,144

2,100

2,046

2,001

1,932

1,853

1,818

1,767

1,640

1,625

1,499

1,485

1,452

1,451

1,359

1,296

1,217

1,162

1,115

1,097

1,086

1,074

1,062

1,057

1,035

1,016

965

906

891

845

827

817

810

808

808

811

833