Columbia property trust, inc. (CXP)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Revenues:
Lease revenues

276,149

283,252

280,570

-

436,048

414,541

406,907

381,796

379,641

396,122

414,284

Revenues

288,837

297,943

289,000

473,543

566,065

540,797

526,578

494,271

492,887

510,514

547,915

Expenses:
Property operating costs

93,275

88,813

87,805

154,968

188,078

163,722

154,559

147,202

142,492

151,509

162,441

Depreciation

78,292

81,795

80,394

108,543

131,490

117,766

108,105

98,698

95,724

92,613

93,019

Amortization

27,908

32,554

32,403

56,775

87,128

78,843

78,710

86,458

96,902

103,537

115,254

Asset and property management fees:
Related-party

-

-

-

-

-

-

4,693

29,372

29,613

30,970

32,341

Impairment loss on real estate assets

43,941

30,812

0

0

-

25,130

0

0

-

-

-

General and administrative – corporate

32,779

32,979

34,966

33,876

29,683

31,275

61,866

24,613

21,017

23,216

31,218

General and administrative – joint ventures

3,567

3,108

1,454

0

0

-

-

-

-

-

-

Listing costs

-

-

-

-

-

-

4,060

0

0

-

-

Acquisition costs (Note 3)

6,398

0

0

-

3,675

14,142

0

1,876

11,239

10,779

19,183

Costs and expenses

286,789

270,915

240,029

374,263

461,485

451,928

432,004

409,002

416,566

432,904

473,721

Real estate operating income (loss)

-

-

-

99,280

104,580

88,869

94,574

85,269

76,321

77,610

74,194

Other Income (Expense):
Interest expense

43,170

56,499

60,516

67,609

85,296

75,711

101,941

101,886

101,799

82,038

85,597

Loss on interest rate swaps

-

-

-

-

-1,110

-371

-342

-1,225

-38,383

-19,061

14,134

Gain (Loss) On Extinguishment of Debt Continuing Operations

-

-

-

-18,997

-3,149

-23

0

0

53,018

0

0

Gain (loss) on extinguishment of debt

0

23,340

-325

-

-

-

-

-

-

-

-

Interest and other income

173

6,894

9,529

7,288

7,254

7,275

34,029

39,856

42,395

43,083

40,068

Gain on sale of unconsolidated joint venture interests

0

762

0

0

-

-

-

-

-

-

-

Income (loss) before income taxes, unconsolidated joint ventures, and sales of real estate

-

-

-

19,962

22,279

20,039

26,320

22,014

31,552

19,594

42,217

Income tax benefit (expense)

21

37

-213

445

378

662

500

572

-390

-226

265

Income from unconsolidated joint ventures

8,004

8,003

2,651

-7,561

-1,142

0

0

-

-

-

-

Income before gains on sales of real estate assets

-

-

-

11,956

20,759

19,377

25,820

21,442

-

-

-

Gain on sale of real estate assets

42,030

0

175,518

72,325

23,860

75,275

0

0

-

-

-

Loss on foreign currency exchange contract

-

-

-

-

-

-

-

-

-

-

-582

Gain on early extinguishment of debt

-

-

-

-18,997

-3,149

-

-

-

-

-

0

Nonoperating income (expense)

7,016

-17,537

127,070

-79,318

-82,301

-68,830

-68,254

-63,255

-44,769

-58,016

-31,977

Income from continuing operations

-

-

-

-

-

94,652

25,820

21,442

31,942

19,820

41,952

Operating loss from discontinued operations

-

-

-

-

-

-390

-21,325

6,484

11,192

3,681

-1,205

Loss on disposition of discontinued operations

-

-

-

-

-

-1,627

11,225

20,117

13,522

-161

0

Loss from discontinued operations

-

-

-

-

-

-2,017

-10,100

26,601

24,714

3,520

-1,205

Net income

9,064

9,491

176,041

-

-

-

-

48,043

56,656

23,340

40,747

Less: net (income) loss attributable to noncontrolling interest in Columbia Operating Partnership

-133

0

0

-

-

-

-

4

14

74

153

Net Income (Loss) Attributable to Parent, Total

9,197

9,491

176,041

84,281

44,619

92,635

15,720

48,039

56,642

23,266

40,594

Per-Share Information – Basic:
Income from continuing operations (in dollars per share)

-

-

-

-

-

0.76

0.19

0.16

0.24

0.04

0.09

Loss from discontinued operations (in dollars per share)

-

-

-

-

-

-0.02

-0.08

0.19

0.18

0.01

0.00

Net income attributable to the common stockholders of Columbia Property Trust, Inc.

-

-

-

-

-

-

-

-

0.42

0.04

0.09

Weighted-average common shares outstanding  basic and diluted

-

-

-

-

-

-

-

-

-

-

467,922

Net income (dollars per share)

0.08

0.08

1.45

0.68

0.36

0.74

0.12

0.35

-

-

-

Weighted-average common shares outstanding - basic (in shares)

116,261

117,888

120,795

123,130

124,757

124,860

134,085

136,672

135,680

524,848

-

Per-Share Information – Diluted:
Income from continuing operations (in dollars per share)

-

-

-

-

-

0.76

0.19

0.16

-

-

-

Loss from discontinued operations (in dollars per share)

-

-

-

-

-

-0.02

-0.08

0.19

-

-

-

Net income (dollars per share)

0.08

0.08

1.45

0.68

0.36

0.74

0.12

0.35

-

-

-

Weighted-average common shares outstanding - diluted (in shares)

116,458

118,311

121,159

123,228

124,847

124,918

134,085

136,672

-

-

-

Columbia Property Trust Operating Partnership, L.P.
Operating Lease, Lease Income

248,838

254,988

252,149

-

-

-

-

-

-

-

-

Total revenue

248,937

256,311

251,540

-

-

-

-

-

-

-

-

Depreciation

67,773

71,934

72,010

-

-

-

-

-

-

-

-

Amortization

26,663

31,451

31,035

-

-

-

-

-

-

-

-

Impairment loss on real estate assets

43,941

30,812

0

-

-

-

-

-

-

-

-

General and administrative expense - corporate

7,927

9,469

9,232

-

-

-

-

-

-

-

-

General and administrative – joint venture

43

0

0

-

-

-

-

-

-

-

-

Pre-acquisition costs (Note 16)

4,160

0

0

-

-

-

-

-

-

-

-

Costs and expenses

236,664

225,048

193,973

-

-

-

-

-

-

-

-

Interest expense

49,470

66,046

73,877

-

-

-

-

-

-

-

-

Gain (loss) on extinguishment of debt

0

23,340

-325

-

-

-

-

-

-

-

-

Interest and other income

64

6,894

6,784

-

-

-

-

-

-

-

-

Gain on sale of unconsolidated joint venture interests

0

762

0

-

-

-

-

-

-

-

-

Income tax benefit (expense)

0

0

3

-

-

-

-

-

-

-

-

Income from unconsolidated joint ventures

8,004

8,003

2,651

-

-

-

-

-

-

-

-

Gains on sales of real estate assets

42,030

0

170,733

-

-

-

-

-

-

-

-

Nonoperating income (expense)

628

-27,047

105,963

-

-

-

-

-

-

-

-

Net income

12,901

4,216

163,530

-

-

-

-

-

-

-

-

Less: net loss attributable to non-controlling interest in consolidated joint venture

-133

0

0

-

-

-

-

-

-

-

-

Net income attributable to common stockholders

13,034

4,216

163,530

-

-

-

-

-

-

-

-

Rental income and tenant reimbursements
Revenues

-

-

-

435,956

-

-

-

-

-

-

-

Tenant reimbursements
Revenues

-

-

-

-

99,655

95,375

90,875

88,402

87,071

93,412

98,627

Hotel income/operating costs
Revenue

0

0

1,339

22,661

24,309

22,885

23,756

23,049

20,600

19,819

20,179

Cost of goods and services sold

0

0

2,089

18,686

19,615

18,792

18,340

18,362

17,394

17,035

16,403

Management fee revenues
Other property income

7,544

7,384

3,782

2,122

605

-

-

-

-

-

-

Other property income
Other property income

5,144

7,307

3,309

12,804

5,448

7,996

5,040

1,024

5,575

1,161

14,825

Asset and property management fee income/expenses
Cost of goods and services sold

629

854

918

1,415

1,816

2,258

1,671

2,421

2,185

3,245

3,862