Equity commonwealth (EQC)
Balance Sheet / Yearly
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'11Mar'11Dec'10Sep'10Jun'10Dec'09
ASSETS
Real estate properties:
Land

44

85

85

85

110

135

137

146

146

191

216

232

269

286

293

328

372

389

413

456

705

714

740

748

747

699

740

1,533

1,548

1,531

1,531

1,514

1,498

1,450

1,445

1,440

1,393

1,339

1,238

1,222

1,237

Buildings and improvements

351

576

572

571

704

1,004

1,000

1,117

1,100

1,555

1,841

1,961

2,395

2,570

2,642

3,074

3,399

3,497

3,559

3,834

4,994

5,014

5,145

5,146

5,168

4,838

4,890

6,446

6,441

6,297

6,331

6,127

5,987

5,794

5,746

5,446

5,244

5,018

5,150

5,003

5,085

Total real estate properties, at cost, gross

395

662

658

656

814

1,139

1,138

1,264

1,247

1,747

2,058

2,194

2,664

2,856

2,935

3,402

3,772

3,887

3,972

4,291

5,699

5,728

5,886

5,894

5,915

5,537

5,631

7,979

7,989

7,829

7,863

7,641

7,485

7,244

7,192

6,887

6,637

6,357

6,389

6,226

6,323

Accumulated depreciation

136

202

197

193

245

375

370

387

379

450

554

561

705

755

751

828

880

898

884

913

1,066

1,030

988

956

934

895

874

1,090

1,047

1,007

1,045

1,005

969

934

932

922

887

850

911

881

884

Total real estate properties, at cost, net

259

459

460

463

569

763

767

876

867

1,296

1,503

1,633

1,959

2,101

2,183

2,574

2,891

2,988

3,088

3,378

4,633

4,697

4,898

4,938

4,980

4,642

4,757

6,888

6,942

6,821

6,817

6,636

6,515

6,310

6,259

5,964

5,750

5,506

5,478

5,344

5,439

Assets held for sale

55

0

-

-

-

-

0

0

38

97

-

348

64

0

13

150

20

-

112

360

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Properties held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

214

573

678

128

159

171

-

-

-

-

43

51

51

114

8

160

8

Acquired real estate leases, net

-

-

-

0

0

-

0

2

3

23

28

42

45

48

52

70

83

88

99

121

184

198

212

227

244

255

272

394

416

427

371

364

374

343

360

287

270

233

179

175

166

Equity investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

531

518

517

517

11

11

184

178

180

176

177

178

168

170

171

173

166

158

Cash and cash equivalents

3,300

2,795

3,200

3,200

3,100

2,400

2,673

2,507

2,837

2,351

2,233

1,967

1,888

2,094

2,405

1,772

1,742

1,802

1,649

1,286

421

364

597

428

177

222

165

77

48

102

72

138

193

192

210

55

25

194

174

33

18

Marketable securities

-

-

0

0

0

249

248

248

247

276

279

278

275

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted cash

3

5

4

2

1

3

9

8

6

8

7

6

6

6

36

33

36

32

28

31

33

32

15

22

17

22

17

18

14

16

13

14

17

7

10

5

5

5

7

12

11

Rents receivable

14

19

19

19

31

51

50

57

55

93

107

115

152

152

150

169

176

174

184

209

249

248

238

238

239

223

218

274

267

253

246

236

226

217

212

203

205

191

198

196

194

Other assets, net

22

39

41

35

42

62

63

76

78

87

100

99

126

122

123

140

152

144

162

159

211

220

209

206

206

188

195

225

221

211

245

228

210

197

182

224

210

171

153

115

124

Total assets

3,704

3,319

3,731

3,702

3,713

3,530

3,813

3,776

4,137

4,236

4,260

4,491

4,518

4,526

4,965

4,911

5,103

5,231

5,324

5,548

5,734

5,761

6,170

6,593

6,600

6,646

6,821

8,019

8,082

8,189

7,946

7,798

7,713

7,447

7,458

6,959

6,689

6,588

6,373

6,205

6,121

LIABILITIES AND EQUITY
SIR revolving credit facility

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

235

238

95

92

321

227

-

-

-

-

-

-

-

-

Revolving credit facility

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

235

235

235

235

135

135

297

160

-

-

100

235

230

270

-

-

-

110

Senior unsecured debt, net

-

-

0

0

248

248

248

248

646

815

815

1,064

1,064

1,063

1,313

1,312

1,312

1,450

1,460

1,460

1,598

1,598

1,823

1,856

1,856

1,855

1,954

2,304

2,304

2,972

3,029

2,695

2,694

2,845

2,687

2,687

2,686

2,854

2,474

2,259

2,258

Mortgage notes payable, net

25

25

25

26

26

26

31

31

32

32

34

35

77

77

243

244

245

246

367

513

606

609

619

895

898

914

925

977

980

984

869

801

784

632

633

380

350

351

352

620

624

Liabilities related to properties held for sale

0

0

-

-

-

-

0

0

1

1

-

2

1

0

0

1

0

-

1

20

-

-

0

-

23

28

30

1

1

2

-

-

-

-

0

0

0

1

0

0

0

Accounts payable, accrued expenses and other

25

37

38

36

42

58

46

44

42

74

63

75

62

95

87

117

120

123

121

128

149

162

163

138

136

165

169

165

155

194

143

158

140

158

148

137

113

123

108

110

103

Rent collected in advance

2

3

3

3

5

9

8

10

9

11

14

19

18

18

21

24

23

27

29

21

30

31

26

29

29

27

29

29

34

35

25

32

33

37

35

31

29

27

32

30

30

Assumed real estate lease obligations, net

-

-

-

-

-

-

-

-

0

-

1

1

1

1

2

2

3

4

4

5

24

26

28

31

33

33

38

62

66

69

70

69

72

70

72

69

65

65

43

44

47

Security deposits

-

-

-

-

-

-

-

-

4

-

5

5

6

8

8

9

9

10

10

10

14

14

13

13

13

11

12

24

23

23

24

24

24

23

23

23

22

22

22

22

23

Distributions payable

5

7

435

-

-

4

309

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

26

Due to related persons

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

22

15

9

6

12

14

12

31

14

13

11

28

11

11

8

25

9

8

Total liabilities

59

73

503

66

322

346

644

334

735

936

935

1,204

1,232

1,265

1,676

1,713

1,715

1,862

1,997

2,160

2,423

2,442

2,681

3,222

3,241

3,282

3,400

3,947

3,955

4,688

4,446

4,116

3,990

3,878

3,865

3,571

3,549

3,456

3,059

3,096

3,232

Commitments and contingencies

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

Shareholders’ equity:
Series E preferred shares; 7 1/4% cumulative redeemable on or after May 15, 2016; 0 and 11,000,000 shares issued and outstanding, respectively, aggregate liquidation preference $0 and $275,000, respectively

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common shares of beneficial interest, $0.01 par value: 350,000,000 shares authorized; 121,502,520 and 121,924,199 shares issued and outstanding, respectively

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

0

0

0

0

0

0

0

0

0

0

0

0

Additional paid in capital

4,285

4,313

4,310

4,308

4,304

4,305

4,306

4,300

4,295

4,380

4,378

4,372

4,367

4,363

4,402

4,398

4,393

4,414

4,410

4,495

4,491

4,487

4,484

4,483

4,217

4,213

4,213

4,212

4,212

3,585

3,585

3,590

3,590

3,614

3,613

3,349

3,348

3,348

3,354

3,165

2,925

Cumulative net income

3,788

3,363

3,347

3,323

3,081

2,870

2,855

2,822

2,785

2,596

2,617

2,584

2,590

2,566

2,554

2,467

2,380

2,333

2,290

2,260

2,247

2,233

2,392

2,235

2,230

2,209

2,215

2,431

2,412

2,386

2,539

2,522

2,506

2,482

2,467

2,438

2,418

2,372

2,350

2,284

2,236

Cumulative other comprehensive loss

-

-

0

0

0

-0

-1

-1

-2

-0

2

1

-1

-0

-1

-2

-3

-3

-5

-5

-72

-53

-39

-21

-26

-38

-26

-32

2

0

-1

-6

-0

-4

-21

18

11

4

-13

-8

2

Cumulative common distributions

3,852

3,851

3,851

3,420

3,420

3,420

3,418

3,111

3,111

3,111

3,111

3,111

3,111

3,111

3,111

3,111

3,111

3,111

3,111

3,111

3,111

3,111

3,111

3,111

3,111

3,082

3,052

3,023

2,993

2,972

2,951

2,909

2,867

2,826

2,784

2,748

2,712

2,675

2,639

2,607

2,576

Cumulative preferred distributions

703

701

699

697

695

693

693

689

687

685

683

681

679

677

675

673

657

650

643

636

629

622

622

601

585

573

562

551

540

529

518

504

490

476

462

449

441

432

420

407

382

Total shareholders’ equity

3,637

3,244

3,226

3,634

3,390

3,182

3,168

3,441

3,400

3,299

3,323

3,285

3,285

3,260

-

-

-

-

-

-

-

-

-

-

-

-

3,421

3,671

3,728

3,105

3,289

3,472

3,517

3,568

3,592

-

-

3,131

-

-

-

Noncontrolling interest

7

1

1

1

1

1

1

1

1

1

1

1

1

0

-

-

-

-

-

-

-

-

-

-

-

-

-

401

398

396

210

210

205

-

-

-

-

-

-

-

-

Total equity

3,644

3,245

3,228

3,635

3,391

3,183

3,169

3,442

3,401

3,300

3,324

3,286

3,286

3,260

3,289

3,198

3,387

3,368

3,327

3,387

3,311

3,319

3,489

3,370

3,359

3,363

3,421

4,072

4,126

3,501

3,500

3,682

3,723

3,568

-

3,388

3,139

-

3,313

3,108

2,889

Total liabilities and equity

3,704

3,319

3,731

3,702

3,713

3,530

3,813

3,776

4,137

4,236

4,260

4,491

4,518

4,526

4,965

4,911

5,103

5,231

5,324

5,548

5,734

5,761

6,170

6,593

6,600

6,646

6,821

8,019

8,082

8,189

7,946

7,798

7,713

7,447

7,458

6,959

6,689

6,588

6,373

6,205

6,121

6.50% Series D Cumulative Convertible Preferred Shares of Beneficial Interest
Series D preferred shares; 6.50% cumulative convertible; 4,915,196 shares issued and outstanding, aggregate liquidation preference of $122,880

119

119

119

119

119

119

-

-

-

119

119

119

119

-

119

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Series D
Total equity

-

-

-

-

119

-

-

-

-

119

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-