Franklin street properties corp. (FSP)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Revenues:
Rental

265,527

263,777

267,265

-

-

-

-

-

-

-

-

Revenue

269,065

268,870

272,588

-

-

-

-

-

-

-

-

Total revenues

-

-

-

249,888

243,867

249,683

213,636

161,580

138,041

115,802

121,143

Expenses:
Real estate operating expenses

72,311

70,703

71,212

65,335

61,890

62,032

51,100

37,440

35,074

32,042

30,806

Real estate taxes and insurance

47,871

45,857

45,841

40,140

38,660

36,857

31,616

22,904

20,112

17,782

18,892

Depreciation and amortization

90,909

94,230

101,258

93,052

91,359

95,915

78,839

54,051

47,417

35,640

35,304

General and administrative

14,473

13,070

13,471

14,126

13,291

12,983

11,911

9,916

6,855

6,399

4,452

Interest

36,757

38,374

32,387

26,548

25,432

27,433

21,054

16,068

12,666

7,284

6,570

Total expenses

262,321

262,234

264,169

239,201

230,632

235,220

194,520

140,379

122,124

99,147

96,024

Gain (loss) on sale of properties

-

-

-18,481

-2,938

23,662

940

-

-

-

-

-

Other

-

-

-1,878

1,878

-

-

-

-

-

-

-

Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest

6,744

6,636

-11,940

-

-

-

-

-

-

-

-

Loss before taxes

-

-

-

10,687

13,235

14,463

19,116

21,201

15,917

16,655

25,119

Tax expense (benefit) on income

269

360

400

418

433

498

480

335

267

217

248

Interest income

-

-

-

-

1

3

16

51

22

25

92

Equity in income (loss) of non-consolidated REITs

-

6,793

-3,604

-831

-1,451

-1,760

-1,358

2,033

3,685

1,266

1,994

Income (loss) before taxes on income

-

-

-

8,796

35,447

13,646

17,774

23,285

19,624

17,946

27,205

Net income

-

-

-

-

-

-

17,294

22,950

19,357

17,729

26,957

Income from discontinued operations, net of income tax

-

-

-

-

-

-

375

-491

2,228

4,364

491

Gain on sale, less applicable income tax

-

-

-

-

-

-

-2,158

14,826

-21,939

-

424

Total discontinued operations

-

-

-

-

-

-

2,533

-15,317

24,167

4,364

915

Net loss

6,475

13,069

-15,944

8,378

35,014

13,148

19,827

7,633

43,524

22,093

27,872

Weighted average number of shares outstanding, basic and diluted

107,233

107,231

107,231

102,843

100,187

100,187

93,855

82,937

81,857

79,826

-

Weighted average number of shares outstanding, basic (in shares)

-

-

-

-

-

-

-

-

-

-

73,001

Weighted average number of shares outstanding, diluted (in shares)

-

-

-

-

-

-

-

-

-

-

73,001

Continuing operations (in dollars per share)

-

-

-

-

-

-

0.18

0.28

0.24

0.22

0.37

Discontinued operations (in dollars per share)

-

-

-

-

-

-

0.03

-0.19

0.29

0.06

0.01

Net loss per share, basic and diluted

0.06

0.12

-0.15

0.08

0.35

0.13

0.21

0.09

0.53

0.28

0.38

Rental
Rental

265,527

263,777

267,265

244,349

237,856

243,341

206,926

150,434

133,946

113,274

119,341

Related party revenue: Management fees and interest income from loans
Revenue

3,517

5,061

5,285

5,465

5,930

6,241

6,646

10,947

4,046

2,440

1,740

Related party revenue: Other
Revenue

21

32

38

74

81

101

64

199

49

88

62