Franklin Street Properties Corp. FSP Balance Sheet

Franklin street properties corp. (FSP)

Balance Sheet / TTM

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	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Dec'09
Assets:
Real estate assets:
Land
191	191	191	191	191	191	191	191	191	191	191	191	196	196	177	172	168	170	180	180	174	183	185	185	185	185	185	160	144	141	135	137	137	132	134	129	131	121	135	135	126
Buildings and improvements
1,941	1,924	1,900	1,886	1,872	1,857	1,848	1,833	1,821	1,811	1,800	1,792	1,836	1,822	1,713	1,667	1,625	1,637	1,639	1,636	1,581	1,604	1,613	1,609	1,605	1,603	1,599	1,325	1,180	1,172	1,051	1,027	1,023	1,006	1,006	982	983	863	915	912	894
Fixtures and equipment
11	11	11	10	9	8	7	7	5	5	5	4	4	4	3	2	2	2	1	1	1	1	1	1	1	1	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total real estate assets, gross
2,145	2,127	2,102	2,088	2,072	2,058	2,047	2,032	2,018	2,008	1,997	1,989	2,036	2,022	1,894	1,842	1,796	1,809	1,822	1,818	1,757	1,790	1,800	1,796	1,792	1,790	1,785	1,487	1,326	1,315	1,187	1,165	1,162	1,139	1,142	1,113	1,115	985	1,051	1,047	1,020
Less accumulated depreciation
506	490	476	460	447	432	419	405	390	376	361	348	350	337	326	315	309	299	291	279	271	266	258	246	234	222	210	199	189	180	171	168	160	148	145	137	130	122	118	112	98
Real estate assets, net
1,639	1,637	1,626	1,627	1,624	1,625	1,628	1,627	1,627	1,632	1,635	1,640	1,686	1,685	1,567	1,526	1,487	1,509	1,530	1,539	1,486	1,524	1,542	1,549	1,558	1,568	1,575	1,288	1,136	1,134	1,015	997	1,001	991	997	976	984	862	932	935	921
Acquired real estate leases, less accumulated amortization of $61,736 and $60,749, respectively
37	40	45	49	53	59	65	71	78	86	96	105	115	125	102	104	99	108	117	126	124	138	149	161	172	183	194	132	105	108	92	82	87	91	91	81	85	40	53	56	44
Investment in non-consolidated REITs
-	-	-	-	-	-	-	69	69	70	73	73	74	75	75	76	76	77	77	78	78	78	78	79	79	80	81	81	81	81	85	86	87	87	88	88	88	89	89	90	92
Asset held for sale
-	-	-	-	-	-	-	-	-	-	31	31	-	3	8	9	15	-	-	-	-	-	-	-	-	-	10	-	-	10	0	-	-	15	-	-	-	74	-	-	-
Asset held for syndication, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4	11	47	2	-	-	4
Cash, cash equivalents and restricted cash
17	9	20	13	8	11	10	10	14	9	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	12	11	11	9	13	7	14	18	19	15	14	7	15	18	20	19	25	24	17	21	23	22	29	23	44	28	49	68	20	21	27
Restricted cash
-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant rent receivables
3	3	4	6	4	3	3	4	3	3	3	4	3	3	3	3	3	2	3	2	4	4	2	2	6	5	6	2	2	1	1	1	1	1	1	1	1	1	2	0	1
Straight-line rent receivable
68	66	64	61	55	54	53	53	53	53	52	51	52	50	50	50	49	48	47	46	45	47	46	46	44	42	40	37	36	35	34	33	31	28	26	23	20	18	16	14	10
Prepaid expenses and other assets
7	7	8	8	10	10	9	7	8	8	6	5	4	5	6	5	5	5	9	9	13	10	9	9	9	10	11	-	-	13	-	-	-	-	-	-	-	-	-	-	-
Other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10	7	-	7	3	3	4	4	5	5	0	0	1	0
Other assets: derivative asset
-	3	2	4	10	14	22	21	18	13	10	11	13	12	-	-	-	1	-	0	0	3	4	2	4	5	4	6	-	-	-	-	-	-	-	-	-	-	-	-	-
Prepaid expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	2	-	2	2	1	1	2	1	1	1	2	2	2
Related party mortgage loan receivable
21	21	21	21	72	70	70	71	71	71	71	72	81	81	79	79	79	118	93	93	93	93	88	88	101	99	98	97	96	93	108	177	172	140	61	61	60	57	53	46	36
Office computers and furniture, net of accumulated depreciation of $1,386 and $1,362, respectively
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred leasing commissions, net of accumulated amortization of $29,967 and $28,114, respectively
53	52	49	50	49	47	45	43	39	40	36	33	34	34	32	32	28	28	26	26	26	27	28	28	27	27	27	24	24	23	21	22	22	22	22	21	20	18	16	16	10
Total assets
1,847	1,842	1,843	1,843	1,891	1,898	1,908	1,979	1,986	1,990	2,031	2,042	2,078	2,088	1,940	1,895	1,861	1,919	1,926	1,940	1,889	1,936	1,967	1,988	2,025	2,044	2,076	1,710	1,512	1,526	1,395	1,430	1,438	1,408	1,345	1,303	1,366	1,238	1,189	1,186	1,155
Liabilities and Stockholders' Equity:
Liabilities:
Bank note payable
30	-	-	-	40	25	17	98	98	78	300	295	295	280	278	310	265	290	300	300	240	268	285	296	316	306	331	181	221	216	82	494	494	449	375	345	404	209	167	162	109
Term loans payable, less unamortized financing costs of $3,876 and $4,267, respectively
766	765	765	765	764	764	763	765	765	764	766	765	765	765	615	618	617	617	620	620	620	620	620	620	620	620	620	400	400	400	400	-	-	-	-	-	-	74	75	75	75
Series A & Series B Senior Notes, less unamortized financing costs of $945 and $985, respectively
199	199	198	198	198	198	198	198	198	198	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable and accrued expenses
57	66	61	54	52	59	62	52	53	61	57	55	50	57	53	41	37	49	42	39	36	42	40	34	34	44	39	29	25	31	26	25	23	26	28	21	20	22	25	18	23
Accrued compensation
1	3	3	2	1	3	2	1	1	3	3	1	1	3	3	2	1	3	3	2	1	3	2	2	1	2	2	1	0	2	2	0	0	2	1	1	0	1	1	1	1
Tenant security deposits
9	9	9	9	6	6	5	5	5	5	5	5	5	5	4	4	4	4	4	4	4	4	4	4	4	4	3	3	2	2	2	2	2	2	2	2	2	1	1	2	1
Lease liability
1	1	1	2	2	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other liabilities: derivative liabilities
23	7	9	8	2	-	-	-	-	1	3	4	4	5	12	14	13	8	12	7	9	7	4	5	3	2	4	-	0	1	1	-	-	-	0	0	0	1	1	1	2
Acquired unfavorable real estate leases, less accumulated amortization of $4,794 and $4,676, respectively
2	2	2	3	3	3	4	4	5	5	6	6	8	8	9	9	8	9	10	11	9	10	11	12	13	14	15	12	7	7	6	6	7	7	6	6	7	5	6	6	5
Total liabilities
1,090	1,056	1,053	1,042	1,071	1,060	1,055	1,127	1,127	1,119	1,142	1,134	1,130	1,126	977	1,000	948	983	992	984	921	956	968	975	993	993	1,017	629	658	661	521	529	527	487	413	377	435	317	278	268	218
Commitments and contingencies
-	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	-	-	-
Stockholders' Equity:
Preferred stock, $.0001 par value, 20,000,000 shares authorized, none issued or outstanding
-	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Common stock, $.0001 par value, 180,000,000 shares authorized, 107,269,201 and 107,269,201 shares issued and outstanding, respectively
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Additional paid-in capital
1,356	1,356	1,356	1,356	1,356	1,356	1,356	1,356	1,356	1,356	1,356	1,356	1,356	1,356	1,356	1,273	1,273	1,273	1,273	1,273	1,273	1,273	1,273	1,273	1,273	1,273	1,273	1,273	1,042	1,042	1,042	1,042	1,042	1,042	1,042	1,025	1,025	1,025	1,005	1,003	1,003
Accumulated other comprehensive income (loss)
-23	-4	-7	-3	7	14	22	21	18	12	4	4	7	5	-12	-13	-13	-7	-12	-6	-9	-4	-0	-3	0	3	-0	6	-0	-1	-1	-	-	-	-0	-0	-0	-1	-1	-1	-2
Distributions in excess of accumulated earnings
576	565	559	552	544	533	525	525	516	497	472	453	415	399	381	364	347	330	327	311	296	289	274	257	242	226	214	199	188	176	166	141	131	121	110	98	93	102	93	83	64
Total stockholders' equity
757	786	789	800	819	837	853	852	858	871	889	907	948	962	962	894	913	935	934	955	968	979	998	1,012	1,032	1,050	1,059	1,081	853	864	874	901	911	921	932	926	931	921	910	918	937
Total liabilities and stockholders' equity
1,847	1,842	1,843	1,843	1,891	1,898	1,908	1,979	1,986	1,990	2,031	2,042	2,078	2,088	1,940	1,895	1,861	1,919	1,926	1,940	1,889	1,936	1,967	1,988	2,025	2,044	2,076	1,710	1,512	1,526	1,395	1,430	1,438	1,408	1,345	1,303	1,366	1,238	1,189	1,186	1,155