Griffin industrial realty, inc. (GRIF)
Balance Sheet / Quarterly
Feb'20Nov'19Aug'19May'19Feb'19Nov'18Aug'18May'18Feb'18Nov'17Aug'17May'17Feb'17Nov'16Aug'16May'16Feb'16Nov'15Aug'15May'15Feb'15Nov'14Aug'14May'14Feb'14Nov'13Aug'13May'13Feb'13Nov'12Aug'12May'12Feb'12Nov'11Aug'11Nov'10
ASSETS
Real estate assets at cost, net

240,495

238,614

227,909

218,732

213,936

213,621

215,220

205,114

196,561

196,740

193,523

171,219

172,316

172,260

173,995

173,473

166,912

166,455

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash and cash equivalents

8,695

5,874

4,410

6,966

7,745

8,592

11,972

28,778

33,260

30,068

34,988

32,144

20,220

24,689

13,960

21,121

19,752

18,271

6,350

18,777

23,517

17,059

16,490

13,067

10,050

14,179

15,185

5,184

8,035

10,181

10,667

11,940

2,462

7,431

5,517

9,260

Short-term investments

-

1,011

9,011

12,000

15,000

17,000

11,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

4,224

3,281

2,842

1,232

2,146

1,556

1,436

1,313

1,388

1,904

2,560

2,865

5,109

4,984

7,005

6,605

6,466

5,838

5,640

-

-

5,996

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Real estate assets held for sale

7,496

2,137

-

-

-

2,652

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Real estate assets held for sale, net

-

-

2,137

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts receivable, less allowance of $134 and $128

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,702

6,749

1,456

1,846

2,464

5,801

1,276

1,717

2,563

1,673

Inventories, net (2013 subject to bulk sale, see Notes 2 and 4)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14,639

14,396

17,250

14,206

13,542

13,471

16,561

13,695

14,830

15,528

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

39

542

525

525

-

-

-

614

-

-

Prepaid real estate taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,376

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

431

607

607

-

405

439

Other current assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,184

2,338

3,679

2,188

4,860

2,642

3,753

4,932

4,751

4,235

Total current assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

36,749

29,209

30,945

30,322

31,964

34,461

40,221

28,389

28,066

31,135

Real estate assets at cost, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

156,970

146,429

137,412

134,522

132,103

140,540

135,590

131,190

130,721

130,976

130,677

123,927

124,141

122,790

119,046

116,295

-

130,830

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,345

1,930

1,662

2,222

-

-

-

3,045

-

-

Property and equipment, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,222

2,233

-

2,288

2,363

Real estate assets held for sale

-

-

-

1,037

1,858

-

1,217

1,217

1,864

1,932

2,684

2,711

2,992

2,992

1,587

1,587

1,598

1,418

9,963

11,414

9,963

9,943

9,950

1,104

1,104

1,104

1,632

1,214

1,186

1,186

1,326

1,861

1,186

12,989

-

1,208

Proceeds held in escrow

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,931

-

15,562

-

-

-

Real estate held for sale or lease, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

129,141

-

Available for sale securities - Investment in Centaur Media plc

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,916

2,142

2,468

-

2,526

2,027

3,002

4,226

3,098

2,704

3,519

3,005

3,412

5,102

Note receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,500

1,476

1,451

1,425

4,151

4,082

-

-

-

-

-

-

-

-

-

-

-

Proceeds held in escrow

-

-

-

-

-

-

-

-

-

-

91

9,710

3,535

-

-

-

1,600

-

4,125

-

-

1,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,428

6,473

-

7,003

6,927

6,638

5,975

-

-

-

-

-

-

-

-

-

-

Available for sale securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,058

1,449

1,577

1,970

2,562

2,373

1,948

1,924

-

-

-

2,208

-

-

-

-

-

-

-

-

-

-

Proceeds held in escrow

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,000

1,000

-

1,000

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds held in escrow

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,863

8,860

-

-

-

6,934

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,370

3,370

2,578

-

4,000

1,142

Property and equipment, net of accumulated depreciation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

211

-

235

256

269

1,950

2,020

2,060

2,126

2,125

2,153

-

-

2,248

-

-

Other assets

19,550

17,578

21,715

23,572

18,166

20,048

21,704

19,009

19,792

18,393

18,596

16,362

16,766

18,698

17,928

14,664

13,651

14,098

15,416

13,426

13,699

14,482

14,274

12,320

13,590

13,634

-

-

-

-

-

-

-

-

-

-

Assets of discontinued operation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

36

36

-

242

672

883

5,627

-

-

-

-

-

-

-

-

-

-

Other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,636

8,960

8,845

9,172

8,624

9,204

9,363

10,704

11,184

11,371

Total assets

280,460

268,495

268,024

263,539

258,851

263,469

262,549

255,431

252,865

249,037

252,442

235,011

220,938

223,623

215,533

218,899

211,556

208,050

201,026

201,383

195,735

186,377

184,638

181,179

183,537

184,727

184,629

176,376

178,443

180,114

180,607

176,612

178,146

176,675

178,091

183,151

LIABILITIES AND STOCKHOLDERS' EQUITY
Mortgage and construction loans, net of debt issuance costs

159,495

142,575

143,571

143,537

144,304

145,052

141,113

133,965

135,230

129,203

131,564

119,970

108,959

109,697

-

-

-

89,185

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Mortgage loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

99,838

100,537

94,248

-

79,528

79,965

-

70,168

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Mortgage loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-80,544

-

-70,673

-65,639

-66,179

66,708

-

-

-

-

-

-

-

-

-

-

Deferred revenue

9,984

10,918

11,897

8,908

9,683

10,599

11,817

9,836

11,009

11,818

12,302

10,142

10,180

9,526

10,618

9,835

10,301

10,790

11,580

11,763

7,957

8,349

7,697

7,472

8,022

8,467

-

-

-

-

-

-

-

-

-

-

Revolving lines of credit

4,100

5,875

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable and accrued liabilities

4,754

4,318

4,816

5,329

4,363

3,333

5,520

8,596

4,758

4,991

5,097

2,556

4,760

4,140

3,987

7,759

4,022

3,348

5,203

6,315

4,223

3,505

3,036

4,620

4,948

2,479

-

-

-

-

-

-

-

-

-

-

Dividend payable

-

2,538

-

-

-

2,279

-

-

-

2,000

-

-

-

1,514

-

-

-

1,546

-

-

-

1,030

-

-

-

1,029

-

-

-

-

-

-

-

-

-

-

Other liabilities

14,057

11,509

13,271

9,695

7,627

7,378

7,702

7,534

7,428

7,972

9,472

9,062

8,027

7,943

10,582

9,537

9,624

8,372

7,844

7,960

7,881

7,446

6,467

6,477

6,433

7,161

-

-

-

-

-

-

-

-

-

-

Liabilities of discontinued operation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

44

94

806

768

-

-

-

-

-

-

-

-

-

-

Current portion of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,104

1,949

1,756

1,869

1,860

-

-

1,700

-

-

Current portion of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,683

8,515

-

8,576

1,742

Accounts payable and accrued liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,838

4,661

4,027

4,904

4,137

4,920

5,034

3,954

4,241

3,587

Deferred revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,582

608

2,412

3,742

3,327

641

889

1,296

1,844

1,406

Total current liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,524

7,218

8,195

10,515

9,324

7,244

14,438

6,950

14,661

6,735

Long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

65,203

56,735

57,243

57,692

58,142

-

-

59,481

-

-

Long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

58,634

52,265

-

53,198

61,295

Other noncurrent liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,753

7,239

7,612

7,761

7,767

7,479

7,295

6,939

6,908

6,054

Total liabilities

192,390

177,733

173,555

167,469

165,977

168,641

166,152

159,931

158,425

155,984

158,435

141,730

131,926

132,820

125,025

127,668

118,195

113,241

104,155

106,003

100,605

90,498

87,917

84,302

86,388

86,612

79,480

71,192

73,050

75,968

75,233

73,357

73,998

73,370

74,767

74,084

Commitments and Contingencies (Note 9)

-

-

-

-

-

-

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
Common stock, par value $0.01 per share, 10,000,000 shares authorized, 5,668,043 shares issued and 5,075,120 shares outstanding

57

57

57

57

56

56

56

56

55

55

55

55

55

55

55

55

55

55

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common stock, par value $0.01 per share, 10,000,000 shares authorized, 5,541,029 and 5,537,895 shares issued, respectively, and 5,152,708 and 5,149,574 shares outstanding, respectively

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

55

55

55

55

55

55

55

55

55

55

55

55

55

55

55

55

55

55

Additional paid-in capital

113,313

113,256

113,132

113,111

112,161

112,071

111,414

110,156

109,046

108,770

108,698

108,608

108,520

108,438

108,373

108,302

108,259

108,188

108,159

108,129

107,980

107,887

107,829

107,766

107,626

107,603

107,494

107,403

107,171

107,056

106,878

106,754

106,508

106,370

106,253

105,620

Retained earnings (deficit)

599

919

6,039

5,022

-797

-211

2,207

2,329

1,998

2,806

5,296

3,967

-760

179

354

403

782

1,117

2,499

1,296

1,530

2,238

2,995

3,167

3,002

4,372

11,491

12,420

12,532

11,222

13,276

11,394

11,806

11,284

11,086

15,811

Accumulated other comprehensive (loss) income, net of tax

-5,570

-3,141

-4,430

-1,791

937

2,395

2,203

1,974

1,821

-284

-1,748

-1,055

-509

-1,049

-2,857

-2,112

-2,269

-1,085

-376

-634

-969

-835

-692

-645

-68

-449

-425

-1,228

-899

-721

-1,409

-1,522

-795

-978

-644

1,007

Treasury stock, at cost, 592,923 shares

20,329

20,329

20,329

20,329

19,483

19,483

19,483

19,015

18,480

18,294

18,294

18,294

18,294

16,820

15,417

-

-

13,466

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Treasury stock, at cost, 448,321 and 388,321 shares, respectively

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15,417

13,466

-

13,466

13,466

13,466

13,466

13,466

13,466

13,466

13,466

13,466

13,466

13,466

13,466

13,426

13,426

13,426

13,426

13,426

13,426

Total stockholders' equity

88,070

90,762

94,469

96,070

92,874

94,828

96,397

95,500

94,440

93,053

94,007

93,281

89,012

90,803

90,508

91,231

93,361

94,809

96,871

95,380

95,130

95,879

96,721

96,877

97,149

98,115

105,149

105,184

105,393

104,146

105,374

103,255

104,148

103,305

103,324

109,067

Total liabilities and stockholders' equity

280,460

268,495

268,024

263,539

258,851

263,469

262,549

255,431

252,865

249,037

252,442

235,011

220,938

223,623

215,533

218,899

211,556

208,050

201,026

201,383

195,735

186,377

184,638

181,179

183,537

184,727

184,629

176,376

178,443

180,114

180,607

176,612

178,146

176,675

178,091

183,151