Duke realty corporation (DRE)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
Revenues:
Rental and related revenue

855,833

785,319

686,514

641,701

658,809

822,351

762,164

770,008

684,615

669,543

634,455

791,855

General contractor and service fee revenue

117,926

162,551

94,420

88,810

133,367

224,500

206,596

275,071

521,796

515,361

449,509

434,624

Revenues

973,759

947,870

780,934

730,511

792,176

1,046,851

968,760

1,045,079

1,206,411

1,184,904

1,083,964

1,226,479

Expenses:
Rental expenses

75,584

71,436

62,924

74,323

93,422

136,278

127,684

137,629

129,536

134,866

130,811

176,499

Real estate taxes

129,520

125,269

108,964

98,938

95,705

115,013

104,800

106,071

95,627

88,606

83,471

94,683

General contractor and other services expenses

111,566

153,909

89,457

80,467

119,170

200,031

183,833

254,870

480,480

486,865

427,666

418,743

Depreciation, Depletion and Amortization, Nonproduction

327,223

312,217

273,561

242,557

245,764

346,275

353,456

348,268

304,310

276,045

245,456

289,744

Costs and expenses, total

643,893

662,831

534,906

496,285

554,061

797,597

769,773

846,838

1,009,953

986,382

887,404

979,669

Other operating activities:
Income (Loss) from Equity Method Investments

31,406

21,444

63,310

47,403

-3,304

94,317

54,116

4,674

4,565

7,980

9,896

23,817

Gain on dissolution of unconsolidated company

-

-

-

30,697

0

0

-

-

-

-

-

-

Promote income

0

0

20,000

26,300

0

0

-

-

-

-

-

-

Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal

234,653

204,988

113,669

162,093

229,702

162,715

59,179

344

68,549

39,662

12,337

39,057

Earnings from sales of land

7,445

10,334

9,244

9,865

35,054

10,441

9,547

0

0

-

357

-

Other Operating Income (Expense), Net

-5,318

-5,231

-4,212

-3,864

-5,947

-7,191

-8,144

-633

-1,237

1,231

1,017

8,298

Earnings from sales of land

-

-

-

-

-

-

-

-

-

-

-

12,651

Undeveloped land carrying costs

-

-

-

-

-

-

-

8,829

8,934

9,203

10,403

8,204

Asset Impairment Charges

0

0

4,481

18,018

22,932

49,106

3,777

0

12,931

9,834

275,360

10,165

Expense impact of costs attributable to successful leasing activities

12,400

0

0

-

-

-

-

-

-

-

-

-

General and administrative expenses

60,889

56,218

54,944

55,389

58,565

49,362

42,673

46,424

43,107

41,329

47,937

39,508

Other Operating Activities, Net

194,895

175,317

142,593

199,086

174,008

161,814

68,248

-50,868

6,905

13,955

312,127

-9,350

Operating income

524,761

460,356

388,621

433,312

412,123

411,068

267,235

147,373

203,363

184,567

-115,567

256,160

Other income (expenses):
Other Nonoperating Income (Expense)

9,941

17,234

14,721

4,035

4,667

1,246

1,887

514

658

534

1,229

1,451

Interest expense

89,756

85,006

87,003

112,757

138,258

196,186

202,174

229,417

206,244

186,407

151,605

181,637

Gain (Loss) on Extinguishment of Debt

-6,320

-388

-26,104

-33,934

-85,713

-283

-9,433

0

0

-16,349

20,700

1,953

Insured Event, Gain (Loss)

2,259

0

0

-

-

-

-

-

-

-

-

-

Acquisition-related activity

-

-

-

-7,176

8,499

1,099

3,093

4,192

1,188

55,820

-1,062

0

Income from continuing operations before income taxes

440,885

392,196

290,235

297,832

184,320

214,746

54,422

-85,722

-3,411

38,165

-246,305

77,927

Income tax benefit (expense)

8,686

8,828

-357

-589

-3,928

-844

-5,080

-103

-194

-1,126

-6,070

-7,005

Income from continuing operations

432,199

383,368

290,592

298,421

188,248

215,590

59,502

-85,619

-3,217

39,291

-240,235

84,932

Discontinued operations:
Income before gain on sales and income taxes

0

108

18,436

15,841

11,896

11,071

3,805

-3,716

-1,356

-7,083

-10,835

9,781

Gain on sale of properties

445

3,792

1,357,778

1,016

424,892

-

-

-

-

-

-

-

Income tax expense

0

0

12,465

0

3,175

-

-

-

-

-

-

-

Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest

445

3,900

1,363,749

16,857

433,613

30,865

137,047

9,751

99,526

25,971

-31,255

25,476

Impairment charges

-

-

-

-

-

-

-

-

-

-

27,206

1,266

Income from discontinued operations

-

-

-

-

-

19,794

133,242

13,467

100,882

33,054

6,786

16,961

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

432,644

387,268

1,654,341

315,278

621,861

246,455

196,549

-75,868

96,309

65,262

-271,490

110,408

Dividends on preferred shares

-

-

-

-

-

24,943

31,616

46,438

60,353

69,468

73,451

71,426

Adjustments for redemption/repurchase of preferred shares

-

-

-

-

-

13,752

5,932

5,730

3,796

10,438

0

-14,046

Net (income) loss attributable to noncontrolling interests - consolidated entities not wholly owned by the Partnership

-

-

-

-

-

-

-

-

-

-185

-

-

Net income attributable to noncontrolling interests

3,672

3,539

19,910

3,135

6,551

2,867

5,957

-1,891

744

-536

-11,340

2,620

Net income attributable to common shareholders

428,972

383,729

1,634,431

312,143

615,310

204,893

153,044

-126,145

31,416

-14,108

-333,601

50,408

Basic net income per common share/unit:
Continuing operations attributable to common shareholders/unitholders

1.18

1.06

0.80

0.84

0.53

0.51

0.06

-0.52

-0.27

-0.18

-1.51

0.16

Discontinued operations attributable to common shareholders/unitholders

0.00

0.01

3.78

0.05

1.24

0.09

0.41

0.04

0.38

0.11

-0.16

0.17

Total

1.18

1.07

4.58

0.89

1.77

0.60

0.47

-0.48

0.11

-0.07

-1.67

0.33

Diluted net income per common share/unit:
Continuing operations attributable to common shareholders/unitholders

1.18

1.06

0.80

0.84

0.53

0.51

0.06

-0.52

-0.27

-0.18

-1.51

0.16

Discontinued operations attributable to common shareholders/unitholders

0.00

0.01

3.76

0.04

1.24

0.09

0.41

0.04

0.38

0.11

-0.16

0.17

Total

1.18

1.07

4.56

0.88

1.77

0.60

0.47

-0.48

0.11

-0.07

-1.67

0.33

Weighted average number of common shares/units outstanding

362,234

357,569

355,762

349,942

345,057

335,777

322,133

267,900

252,694

238,920

201,206

146,915

Weighted average number of common shares/units and potential dilutive securities

367,339

363,297

362,011

357,076

352,197

340,446

326,712

267,900

259,598

238,920

201,206

154,553

Comprehensive income:
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

432,644

387,268

1,654,341

315,278

621,861

246,455

196,549

-75,868

96,309

65,262

-271,490

110,408

Other comprehensive loss:
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification and Tax

-30,893

-4,676

0

0

-

-

-

-

-

-

-

-

Amortization of interest rate swap contracts

-533

0

682

1,101

1,125

1,148

-451

-1,829

-1,829

-

-

-

Other

-

-

-

-23

-95

55

977

-125

590

-

-

-

Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax

-

-

-

-

-

-

-

-

-

4,198

-

-

Other Comprehensive Income (Loss), Net of Tax

-30,360

-4,676

-682

-1,124

-1,220

-1,093

1,428

1,704

2,419

4,198

-

-

Comprehensive income

402,284

382,592

1,653,659

314,154

620,641

245,362

197,977

-74,164

98,728

69,460

-

-

Duke Realty Limited Partnership [Member]
Rental and related revenue

855,833

785,319

686,514

641,701

-

-

-

-

-

-

-

-

General contractor and service fee revenue

117,926

162,551

94,420

88,810

-

-

-

-

-

-

-

-

Revenues

973,759

947,870

780,934

730,511

-

-

-

-

-

-

-

-

Rental expenses

75,584

71,436

62,924

74,323

-

-

-

-

-

-

-

-

Real estate taxes

129,520

125,269

108,964

98,938

-

-

-

-

-

-

-

-

General contractor and other services expenses

111,566

153,909

89,457

80,467

-

-

-

-

-

-

-

-

Depreciation, Depletion and Amortization, Nonproduction

327,223

312,217

273,561

242,557

-

-

-

-

-

-

-

-

Costs and expenses, total

643,893

662,831

534,906

496,285

-

-

-

-

-

-

-

-

Income (Loss) from Equity Method Investments

31,406

21,444

63,310

47,403

-

-

-

-

-

-

-

-

Gain on dissolution of unconsolidated company

-

-

-

30,697

-

-

-

-

-

-

-

-

Promote income

0

0

20,007

26,299

-

-

-

-

-

-

-

-

Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal

234,653

204,988

113,669

162,093

-

-

-

-

-

-

-

-

Earnings from sales of land

7,445

10,334

9,244

9,865

-

-

-

-

-

-

-

-

Other Operating Income (Expense), Net

-5,318

-5,231

-4,212

-3,864

-

-

-

-

-

-

-

-

Asset Impairment Charges

0

0

4,481

18,018

-

-

-

-

-

-

-

-

Expense impact of costs attributable to successful leasing activities

12,402

0

0

-

-

-

-

-

-

-

-

-

General and administrative expenses

60,889

56,218

54,944

55,389

-

-

-

-

-

-

-

-

Other Operating Activities, Net

194,895

175,317

142,593

199,086

-

-

-

-

-

-

-

-

Operating income

524,761

460,356

388,621

433,312

-

-

-

-

-

-

-

-

Other Nonoperating Income (Expense)

9,941

17,234

14,721

4,035

-

-

-

-

-

-

-

-

Interest expense

89,756

85,006

87,003

112,757

-

-

-

-

-

-

-

-

Gain (Loss) on Extinguishment of Debt

-6,320

-388

-26,104

-33,934

-

-

-

-

-

-

-

-

Insured Event, Gain (Loss)

2,259

0

0

-

-

-

-

-

-

-

-

-

Acquisition-related activity

-

-

-

-7,176

-

-

-

-

-

-

-

-

Income from continuing operations before income taxes

440,885

392,196

290,235

297,832

-

-

-

-

-

-

-

-

Income tax benefit (expense)

8,686

8,828

-357

-589

-

-

-

-

-

-

-

-

Income from continuing operations

432,199

383,368

290,592

298,421

-

-

-

-

-

-

-

-

Income before gain on sales and income taxes

0

108

18,436

15,841

-

-

-

-

-

-

-

-

Gain on sale of properties

445

3,792

1,357,778

1,016

-

-

-

-

-

-

-

-

Income tax expense

0

0

12,465

0

-

-

-

-

-

-

-

-

Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest

445

3,900

1,363,749

16,857

-

-

-

-

-

-

-

-

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

432,644

387,268

1,654,341

315,278

-

-

-

-

-

-

-

-

Net (income) loss attributable to noncontrolling interests

-6

11

4,734

46

-

-

-

-

-

-

-

-

Net income attributable to common shareholders

432,650

387,257

1,649,607

315,232

-

-

-

-

-

-

-

-

Continuing operations attributable to common shareholders/unitholders

1.18

1.06

0.80

0.84

-

-

-

-

-

-

-

-

Discontinued operations attributable to common shareholders/unitholders

0.00

0.01

3.78

0.05

-

-

-

-

-

-

-

-

Total

1.18

1.07

4.58

0.89

-

-

-

-

-

-

-

-

Continuing operations attributable to common shareholders/unitholders

1.18

1.06

0.80

0.84

-

-

-

-

-

-

-

-

Discontinued operations attributable to common shareholders/unitholders

0.00

0.01

3.76

0.04

-

-

-

-

-

-

-

-

Total

1.18

1.07

4.56

0.88

-

-

-

-

-

-

-

-

Weighted average number of common shares/units outstanding

365,352

360,859

359,065

353,423

-

-

-

-

-

-

-

-

Weighted average number of common shares/units and potential dilutive securities

367,339

363,297

362,011

357,076

-

-

-

-

-

-

-

-

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

432,644

387,268

1,654,341

315,278

-

-

-

-

-

-

-

-

Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification and Tax

-30,893

-4,676

0

-

-

-

-

-

-

-

-

-

Amortization of interest rate swap contracts

-533

0

682

1,101

-

-

-

-

-

-

-

-

Other

-

-

-

-23

-

-

-

-

-

-

-

-

Other Comprehensive Income (Loss), Net of Tax

-30,360

-4,676

-682

-1,124

-

-

-

-

-

-

-

-

Comprehensive income

402,284

382,592

1,653,659

314,154

-

-

-

-

-

-

-

-