Education realty trust, inc. (EDR)
Income statement / TTM
Jun'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'11Mar'11Sep'10Jun'10
Education Realty Operating Partnership L.P.
Other Operating Income

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revenues:
Collegiate housing leasing revenue

324,810

320,691

313,727

302,378

293,170

284,789

274,187

265,531

258,379

250,423

240,623

230,487

223,419

215,994

206,322

195,815

187,708

178,734

167,476

150,670

139,949

131,909

124,087

105,528

100,130

96,448

91,517

97,633

97,537

0

0

0

Third-party development consulting services

2,285

3,441

5,256

4,829

4,385

3,696

2,364

2,430

2,142

2,119

2,233

3,072

6,287

6,600

6,805

6,264

3,398

3,400

2,989

2,319

1,625

883

820

1,112

2,099

3,155

4,103

3,815

3,331

0

0

0

Third-party management services

3,464

3,696

3,736

3,666

3,773

3,639

3,588

3,528

3,428

3,511

3,670

3,801

3,988

3,994

3,959

3,843

3,709

3,746

3,697

3,705

3,666

3,562

3,446

3,362

3,329

3,355

3,336

3,187

3,048

0

0

0

Operating expense reimbursements

7,777

8,168

8,347

8,551

8,961

9,263

8,829

8,775

8,279

8,359

8,636

8,786

8,967

8,789

8,707

8,565

8,437

8,370

10,214

10,320

11,173

11,333

9,593

9,642

9,130

8,867

8,604

13,528

12,982

0

0

0

Total revenues

338,336

335,996

331,066

319,424

310,289

301,387

288,968

280,264

272,228

264,412

255,162

246,146

242,661

235,377

225,793

214,487

203,252

194,250

184,376

167,014

156,413

147,687

137,946

119,644

114,688

111,825

107,560

118,163

116,898

0

0

0

Operating expenses:
Collegiate housing leasing operations

133,482

131,655

128,358

145,682

141,118

136,946

111,378

155,314

125,740

101,744

101,283

10,782

10,173

9,937

8,988

8,153

7,657

7,933

7,622

7,310

7,173

6,472

6,395

6,117

5,786

5,643

5,498

4,444

3,162

0

0

0

Development and management services

14,306

14,097

14,147

13,600

11,098

11,051

10,671

11,183

11,486

11,265

11,446

10,953

10,271

10,046

9,685

8,213

7,702

7,047

6,477

6,734

6,401

6,421

6,266

6,149

6,122

5,791

5,506

5,364

5,168

0

0

0

Collegiate housing leasing operations

-

-

-

-

-

-

-

-

-

102,032

-

98,038

96,514

94,621

92,649

90,642

87,569

84,406

79,957

72,924

67,690

63,497

59,524

50,370

47,677

46,324

44,892

54,655

49,110

0

0

0

General and administrative

19,128

13,861

14,369

12,299

12,180

11,921

11,603

11,709

10,442

9,922

9,452

9,225

11,213

10,638

10,117

9,449

7,736

7,773

7,678

7,762

7,904

7,816

7,910

8,033

7,882

7,554

6,810

6,752

7,818

0

0

0

Depreciation and amortization

91,528

92,169

95,501

95,270

95,157

89,736

81,413

77,368

72,860

69,672

68,022

65,650

62,510

61,057

58,974

57,479

54,178

51,282

48,098

42,788

39,669

35,967

33,240

27,636

25,744

24,990

23,858

26,351

25,922

0

0

0

Ground lease expense

13,837

13,652

13,424

12,683

0

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on impairment of collegiate housing properties

-

-

-

-

-

-

-

-

-

0

-

0

953

10,823

12,733

12,733

11,780

1,910

0

0

0

0

-

-

-

-

-

-

-

-

-

-

Other operating expense

0

0

-

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Reimbursable operating expenses

7,777

8,168

8,347

8,551

8,961

9,263

8,829

8,775

8,279

8,359

8,636

8,786

8,967

8,789

8,707

8,565

8,437

8,370

10,214

10,320

11,173

11,333

9,593

9,642

9,130

8,867

8,604

12,612

12,066

0

0

0

Total operating expenses

273,517

267,061

268,105

270,356

263,859

254,096

239,902

229,474

220,252

212,979

210,107

203,434

200,601

205,911

201,853

195,234

185,059

168,721

160,046

147,838

140,010

131,506

122,928

107,947

102,341

99,169

95,168

110,178

103,246

0

0

0

Operating income

64,819

68,935

62,961

49,068

46,430

47,291

49,066

50,790

51,976

51,433

45,055

42,712

42,060

29,466

23,940

19,253

18,193

25,529

24,330

19,176

16,403

16,181

15,018

11,697

12,347

12,656

12,392

7,985

13,652

0

0

0

Nonoperating (income) expenses:
Interest expense, net of amounts capitalized

18,051

16,991

15,268

13,719

13,246

13,819

15,454

18,943

21,355

23,171

24,449

23,195

21,480

20,996

20,656

20,124

20,185

19,073

17,526

15,927

14,712

14,334

14,390

14,655

15,477

16,642

17,274

18,449

19,161

0

0

0

Amortization of deferred financing costs

1,508

1,516

1,574

1,536

1,573

1,672

1,731

1,942

2,019

2,053

2,089

2,150

2,146

2,169

2,156

2,023

1,945

1,841

1,758

1,572

1,422

1,287

1,215

1,188

1,252

1,261

1,197

1,204

1,164

0

0

0

Interest income

113

109

98

127

265

448

490

498

382

249

213

-9,304

184

158

190

9,713

315

398

447

503

482

381

283

198

127

151

175

303

376

0

0

0

Gain on consolidation of unconsolidated joint ventures

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on insurance settlement

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Loss on extinguishment of debt

0

0

-22

-22

-497

-713

-10,611

-11,014

-10,539

-10,323

-403

-2,651

-2,894

-2,894

-3,543

-892

-649

-649

0

0

0

0

-

-

-

-

-351

0

0

0

-

-

Total nonoperating (income) expenses

14,813

-18,398

-16,766

-15,150

-15,051

-15,756

-27,306

-31,401

-33,531

-35,298

-26,728

-27,814

-8,717

-8,282

-8,546

-5,193

-22,464

-21,165

-18,837

-16,996

-15,652

-15,240

-15,322

-15,645

-16,602

-17,752

-18,647

-19,701

-20,300

0

0

0

Income before equity in earnings of unconsolidated entities, income taxes and gain on sale of collegiate housing properties

79,632

50,537

46,195

33,918

31,379

31,535

21,760

19,389

18,445

16,135

18,327

14,898

33,343

21,184

15,394

14,060

-4,271

4,364

5,493

2,180

751

941

-304

-3,948

-4,255

-5,096

-6,255

-11,716

-6,648

0

0

0

Equity in earnings of unconsolidated entities

6,382

-378

-65

430

193

171

-328

-462

-409

-718

-668

-1,163

-972

-882

-710

-470

-295

-205

-203

-126

-104

-120

-363

-379

-730

-715

-447

-736

-339

0

0

0

Income from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

Income before income taxes and gain on sale of collegiate housing properties

86,014

50,159

46,130

15,738

0

0

-

0

0

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

Income before income taxes and gain on sale of collegiate housing properties

-

-

-

-

-

-

-

-

-

15,417

-

13,735

32,371

20,302

14,684

13,590

-4,566

4,159

5,290

2,054

647

821

-667

-4,327

-4,985

-5,811

-6,702

0

0

0

-

0

Loss before income taxes and discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

Income tax (benefit) expense

1,146

1,535

584

-488

12

-252

684

246

319

320

347

-12

741

294

261

1,070

128

485

203

-36

-642

-1,046

-884

-935

-357

-324

-95

167

125

0

0

0

Income before gain on sale of collegiate housing properties

84,868

48,624

45,546

34,836

31,560

31,958

20,748

18,681

17,717

15,097

17,312

13,747

31,630

20,008

14,423

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,087

2,090

1,289

1,867

217

-3,392

-4,628

-5,487

-6,607

-12,619

-7,112

0

0

0

Loss from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

8,420

1,451

-4,239

-4,040

-4,168

-33,004

-32,556

0

0

0

Gain on sale of collegiate housing properties

0

0

-

691

0

0

-

26,726

26,726

14,643

-

13,908

22,329

22,329

33,231

19,323

10,902

10,902

0

0

0

0

-

-

-

-

-

-

-

-

-

-

Net income

127,205

70,673

46,237

35,527

32,251

44,041

44,704

45,407

44,443

29,740

20,082

27,655

53,959

42,337

47,654

26,996

1,081

13,617

4,631

7,664

12,515

10,001

8,637

-1,941

-8,867

-9,527

-10,775

-45,623

-39,668

0

0

0

Less: Net loss attributable to the noncontrolling interests

-2,390

-1,568

-1,203

-668

-566

-371

-220

-157

66

101

171

120

304

407

599

694

641

537

308

197

97

159

216

205

234

254

239

-568

-489

0

0

0

Net income attributable to Education Realty Trust, Inc.

129,595

72,241

47,440

36,195

32,817

44,412

44,924

45,564

44,377

29,639

19,911

27,535

53,655

41,930

47,055

26,302

440

13,080

4,323

7,467

12,418

9,842

8,421

-2,146

-9,101

-9,781

-11,014

-45,055

-39,179

0

0

0

Weighted average shares of common stock outstanding - basic and diluted (shares)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

103,929

-

-

-

-

-

-

-

-

Weighted average shares of common stock outstanding - basic and diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

73,061

-

-

57,719

56,933

Income (loss) from continuing operations, net of noncontrolling interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-3,590

-4,901

-5,774

-6,879

-12,557

-7,121

0

0

0

Income from discontinued operations, net of noncontrolling interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

1,444

-4,200

-4,007

-4,135

-32,498

-32,058

0

0

0

Net income attributable to Education Realty Trust, Inc.

129,595

72,241

47,440

18,529

0

0

-

0

0

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-2,146

-9,101

-9,781

-11,014

-45,055

-39,179

0

0

0

Comprehensive income:
Net income

127,205

70,673

46,237

35,527

32,251

44,041

44,704

45,407

44,443

29,740

20,082

27,655

53,959

42,337

47,654

26,996

1,081

13,617

4,631

7,664

12,515

10,001

8,637

-1,941

-8,867

-9,527

-10,775

-45,623

-39,668

0

0

0

Other comprehensive income:
Gain (loss) on cash flow hedging derivatives

5,449

4,101

2,904

2,731

0

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain (loss) on cash flow hedging derivatives

-

-

-

-

-

-

-

-

-

-2,017

-

-5,480

-1,056

-5,541

-4,465

-2,414

-3,757

-1,363

0

0

0

0

-

-

-

-

-

-

-

-

-

-

Comprehensive income

132,654

74,774

49,141

41,355

39,363

50,476

46,615

44,989

39,293

27,723

19,072

22,175

52,903

36,796

43,189

24,582

-2,676

12,254

4,631

0

0

0

-

-

-

-

-

-

-

-

-

-

Less: Comprehensive loss attributable to the noncontrolling interests

-2,390

-1,568

-1,203

-668

-566

-371

-220

-157

66

101

171

120

304

407

599

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Less: comprehensive income attributable to the noncontrolling interests

-2,390

-1,568

-1,203

-1,236

0

0

-

0

0

-

-

-

-

-

-

-

-

-

-

0

0

0

-

205

234

254

239

-568

-489

0

0

0

Comprehensive income attributable to Education Realty Trust, Inc.

135,044

76,342

50,344

42,023

39,929

50,847

46,835

45,146

39,227

27,622

18,901

22,055

52,599

36,389

42,590

23,888

-3,317

11,717

4,323

0

0

0

-

-

-

-

-

-

-

-

-

-

Earnings per share/unit information:
Continuing operations (usd per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.04

0.00

0.03

-

-0.05

0.00

0.01

0.01

-0.09

-0.01

0.00

-0.10

-0.01

Discontinued operations (usd per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.04

0.00

-

0.05

0.01

0.01

-0.08

0.00

0.02

0.01

-0.59

0.00

Net income attributable to Education Realty Trust, Inc. common stockholders per share basic and diluted (in dollars per share)

-

0.53

-

-0.01

-

0.21

-

-0.05

-

-

-

-0.10

-

-

-

-

-0.23

0.31

-

-0.04

0.04

0.03

-

0.00

0.01

0.02

-0.07

-0.09

0.01

0.01

-0.69

-0.01

Earnings per share - basic (in dollars per share)

-

-

-

-

-

-

-

-

0.26

0.27

-

-

0.06

0.14

-

0.46

-

0.31

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Earnings per share - diluted (in dollars per share)

-

-

-

-

-

-

-

-

0.26

0.26

-

-

0.06

0.14

-

0.45

-

0.31

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Distributions per share of common stock (in dollars per share)

0.39

0.39

-

0.39

0.38

0.38

-

0.38

0.37

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Distributions per share of common stock (usd per share)

-

-

-

-

-

-

-

-

-

0.37

-

0.37

0.36

0.36

-

0.36

0.33

-

-

0.11

0.10

0.10

-

100.00

70.00

0.07

-

0.07

0.05

0.05

0.05

0.05

Weighted average shares/units outstanding:
Weighted average common shares outstanding - basic (in shares)

77,101

76,214

76,232

73,687

73,623

73,510

73,437

73,205

68,025

62,677

53,485

48,526

48,514

48,179

47,745

46,767

38,886

38,338

-190,324

114,812

114,452

113,635

-

-

94,974

92,838

-

-

72,209

70

-

-

Weighted average common shares outstanding - diluted (in shares)

77,250

76,385

76,557

73,687

73,841

73,775

73,939

73,205

68,293

62,963

54,105

48,526

48,832

48,501

48,425

47,113

38,886

38,684

-189,977

114,812

114,452

114,673

-

-

96,041

93,937

-

-

72,209

71

-

-