PHYSICIANS REALTY TRUST DOC Income Statement

Physicians realty trust (DOC)

Income statement / Quarterly

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	Sep'13
Revenues:
Rental revenues
77,870	79,058	78,820	68,303	77,083	77,266	76,461	80,392	78,887	73,158	69,408	58,015	59,092	55,923	53,327	42,196	34,855	31,863	28,145	23,625	20,341	16,842	12,506	10,241	6,808	2,920
Expense recoveries
24,876	24,607	26,295	24,171	26,042	25,764	23,629	24,288	24,308	21,861	21,102	16,108	16,354	14,059	14,361	9,552	7,903	7,322	5,821	4,908	3,536	2,426	1,355	1,020	1,070	798
Interest income on real estate loans and other
4,682	3,752	2,478	2,429	2,243	2,281	4,938	2,309	2,028	2,301	2,489	2,476	1,220	3,692	2,322	1,468	1,376	1,219	904	1,150	607	426	300	186	154	11
Total revenues
107,428	107,417	107,593	94,903	105,368	105,311	105,028	106,989	105,223	97,320	92,999	76,599	76,666	73,674	70,010	53,216	44,134	40,404	34,870	29,683	24,484	19,694	14,161	11,447	8,032	3,729
Expenses:
Interest expense
15,626	16,515	16,185	16,053	16,269	16,209	16,326	17,154	16,494	13,723	11,998	11,472	9,815	8,088	7,300	4,279	4,197	3,392	3,341	2,193	1,710	2,058	1,911	1,657	1,281	826
General and administrative
8,977	8,341	8,110	7,676	8,972	6,660	6,593	7,104	8,459	6,112	5,860	6,249	4,736	4,433	4,917	4,926	4,121	3,549	4,018	3,989	3,352	2,573	4,445	2,408	2,014	1,285
Operating expenses
30,963	30,471	31,504	30,636	32,208	31,950	29,870	30,341	30,459	26,956	27,471	20,519	22,089	22,005	19,159	13,798	11,037	10,047	7,966	7,304	5,709	3,787	2,531	2,227	1,609	1,130
Depreciation and amortization
36,747	37,088	36,614	36,285	36,449	39,365	42,723	37,725	38,576	36,128	32,975	28,123	27,933	26,811	23,969	19,799	16,010	14,404	12,476	10,351	8,240	6,166	4,413	3,736	2,416	1,146
Acquisition expenses
-	-	-	-	-	-	-	-	-	3,913	2,184	5,242	5,405	3,747	4,398	3,256	3,377	3,129	3,257	2,575	5,932	1,643	2,922	2,045	4,287	756
Impairment loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	250	-	-	-
Total expenses
92,313	92,415	92,413	90,650	93,898	94,184	95,512	92,324	93,988	87,797	80,488	71,605	69,978	65,084	59,743	46,058	38,742	34,521	31,058	26,412	24,943	17,727	16,472	12,073	11,607	5,143
Income before equity in (loss) income of unconsolidated entities:
15,115	15,002	15,180	4,253	11,470	11,127	9,516	14,665	11,235	9,523	12,511	4,994	6,688	8,590	10,267	7,158	5,392	5,883	3,812	3,271	-459	1,967	-2,311	-626	-3,575	-1,414
Equity in (loss) income of unconsolidated entities
-155	-118	30	30	30	29	28	29	28	98	28	29	28	30	27	26	32	26	26	26	26	26	26	26	17	-
Gain on sale of investment properties, net
-	-	409	3,033	-	0	14,227	-2,632	69	566	0	5,308	0	-	0	0	-	0	145	0	-15	-	34	-	-	-2
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
14,960	42,751	15,619	7,316	11,500	11,156	23,771	12,062	11,332	10,187	12,539	10,331	6,716	8,620	10,294	7,184	5,424	5,909	3,983	3,297	-448	1,991	-2,251	-600	-3,558	-1,416
Net income attributable to noncontrolling interests:
Predecessor
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6
Operating Partnership
404	1,216	434	200	305	276	656	331	313	313	362	314	147	196	255	201	173	243	200	157	-24	192	-233	-123	-531	61
Noncontrolling Interest in Net Income Loss Partially Owned Properties Nonredeemable
142	138	136	136	138	141	119	144	111	112	53	159	167	163	176	60	317	122	79	144	32	88	76	84	66	-323
Net income attributable to controlling interest
14,414	41,397	15,049	6,980	11,057	10,739	22,996	11,587	10,908	9,762	12,124	9,858	6,402	8,261	9,863	6,923	4,934	5,544	3,704	2,996	-456	1,711	-2,094	-561	-3,093	-
Preferred distributions
317	317	314	294	284	285	284	284	487	226	106	188	211	436	436	437	548	398	300	425	66	-	0	-	-	-
Net income attributable to common shareholders
14,097	41,080	14,735	6,686	10,773	10,454	22,712	11,303	10,421	9,536	12,018	9,670	6,191	7,825	9,427	6,486	4,386	5,146	3,404	2,571	-522	1,711	-2,094	-561	-3,093	-1,160
Net income per share:
Earnings Per Share, Basic
0.07	0.21	0.08	0.04	0.06	0.06	0.12	0.06	0.06	0.06	0.07	0.06	0.04	0.06	0.07	0.05	0.04	0.07	0.05	0.04	-0.01	-	-0.06	-0.02	-	-
Earnings Per Share, Diluted
0.07	0.21	0.08	0.04	0.06	0.06	0.12	0.06	0.06	0.06	0.07	0.06	0.04	0.06	0.07	0.05	0.04	0.07	0.05	0.04	-0.01	-	-0.06	-0.02	-	-
Earnings per unit:
Basic and diluted (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.15	-0.10
Weighted average common shares:
Weighted Average Number of Shares Outstanding, Basic
196,211	188,840	186,328	185,239	182,672	182,368	182,076	182,002	181,809	180,292	177,847	155,366	138,986	135,778	134,608	131,481	102,704	83,941	71,034	70,376	65,649	-	36,313	26,163	-	-
Weighted Average Number of Shares Outstanding, Diluted
202,842	195,211	191,980	190,815	188,497	187,885	187,473	187,431	187,317	-	183,298	161,012	-	139,893	138,880	135,944	107,148	92,146	75,104	74,267	65,649	-	36,313	26,163	-	-
Weighted average common shares outstanding - Basic and diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	21,298	11,486
Dividends and distributions declared per common share and OP Unit (in dollars per share)
0.23	0.23	0.23	0.23	0.23	0.23	0.23	0.23	0.23	0.23	0.23	0.23	0.22	0.22	0.22	0.22	0.22	0.22	0.22	0.22	0.22	0.22	0.22	0.22	0.22	0.18
Net income (loss) attributable to redeemable noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	-	100	-	0	0	0	-	-	-	-	-	-	-	-	-
Operating Partnership
Rental revenues
77,870	79,058	78,820	68,303	77,083	77,266	76,461	80,392	78,887	73,158	69,408	58,015	59,092	-	-	-	-	-	-	-	-	-	-	-	-	-
Expense recoveries
24,876	24,607	26,295	24,171	26,042	25,764	23,629	24,288	24,308	21,861	21,102	16,108	16,354	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest income on real estate loans and other
4,682	3,752	2,478	2,429	2,243	2,281	4,938	2,309	2,028	2,301	2,489	2,476	1,220	-	-	-	-	-	-	-	-	-	-	-	-	-
Total revenues
107,428	107,417	107,593	94,903	105,368	105,311	105,028	106,989	105,223	97,320	92,999	76,599	76,666	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense
15,626	16,515	16,185	16,053	16,269	16,209	16,326	17,154	16,494	13,723	11,998	11,472	9,815	-	-	-	-	-	-	-	-	-	-	-	-	-
General and administrative
8,977	8,341	8,110	7,676	8,972	6,660	6,593	7,104	8,459	6,112	5,860	6,249	4,736	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating expenses
30,963	30,471	31,504	30,636	32,208	31,950	29,870	30,341	30,459	26,956	27,471	20,519	22,089	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
36,747	37,088	36,614	36,285	36,449	39,365	42,723	37,725	38,576	36,128	32,975	28,123	27,933	-	-	-	-	-	-	-	-	-	-	-	-	-
Total expenses
92,313	92,415	92,413	90,650	93,898	94,184	95,512	92,324	93,988	87,797	80,488	71,605	69,978	-	-	-	-	-	-	-	-	-	-	-	-	-
Income before equity in (loss) income of unconsolidated entities:
15,115	15,002	15,180	4,253	11,470	11,127	9,516	14,665	11,235	9,523	12,511	4,994	6,688	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity in (loss) income of unconsolidated entities
-155	-118	30	30	30	29	28	29	28	98	28	29	28	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
14,960	42,751	15,619	7,316	11,500	11,156	23,771	12,062	11,332	10,187	12,539	10,331	6,716	-	-	-	-	-	-	-	-	-	-	-	-	-
Noncontrolling Interest in Net Income Loss Partially Owned Properties Nonredeemable
142	138	136	136	138	141	119	144	111	112	53	159	167	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income attributable to controlling interest
14,818	42,613	15,483	7,180	11,362	11,015	23,652	11,918	11,221	10,075	12,486	10,172	6,549	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred distributions
317	317	314	294	284	285	284	284	487	226	106	188	211	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income attributable to common shareholders
14,501	42,296	15,169	6,886	11,078	10,730	23,368	11,634	10,734	9,849	12,380	9,984	6,338	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings per unit - basic (in dollars per share)
0.07	0.21	0.08	0.04	0.06	0.06	0.12	0.06	0.06	0.06	0.07	0.06	0.04	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings per unit - diluted (in dollars per share)
0.07	0.21	0.08	0.04	0.06	0.06	0.12	0.06	0.06	0.06	0.07	0.06	0.04	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted Average Limited Partnership Units Outstanding, Basic
201,874	194,511	191,864	190,717	187,850	187,547	187,367	187,394	187,264	185,686	183,227	160,765	142,172	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted Average Limited Partnership Units Outstanding, Diluted
202,842	195,211	191,980	190,815	188,497	187,885	187,473	187,431	187,317	186,008	183,298	161,012	142,605	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions declared per common unit (dollars per share)
0.23	0.23	0.23	0.23	0.23	0.23	0.23	0.23	0.23	0.23	0.23	0.23	0.22	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) attributable to redeemable noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	-	100	-	-	-	-	-	-	-	-	-	-	-	-	-
Physicians Realty L P [Member]
Acquisition expenses
-	-	-	-	-	-	-	-	-	3,913	2,184	5,242	5,405	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of investment properties, net
-	-	409	3,033	-	0	14,227	-2,632	69	566	0	5,308	0	-	-	-	-	-	-	-	-	-	-	-	-	-