Hannon armstrong sustainable infrastructure capital, inc. (HASI)
Income statement / Quarterly
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'14Sep'13Jun'13Dec'12Sep'12Jun'12
Revenue
Interest income

23,889

24,102

19,322

15,122

17,654

33,559

16,771

12,756

12,849

19,098

15,374

13,637

14,118

12,023

12,043

12,647

11,489

10,795

10,064

8,217

8,328

7,097

6,234

5,229

4,618

4,581

3,384

2,834

-

-

Interest income, investments

-

-

-

1,793

-

-

-

1,589

1,541

-

1,316

1,358

942

519

494

434

375

376

364

357

396

518

822

1,138

1,294

599

17

2,834

2,927

2,937

Rental income

6,470

6,470

6,469

6,469

6,476

6,441

6,257

5,967

5,941

5,572

5,286

4,863

4,110

3,166

2,977

2,975

2,815

2,467

1,988

2,564

2,088

-

1,187

410

-

-

-

-

-

-

Provision for credit losses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

-

-

-

Net Investment Revenue, net of provision for credit losses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,269

3,093

2,382

2,590

1,332

487

-

-

Gain on sale of receivables and investments

4,905

7,704

7,713

2,167

6,839

1,596

10,868

14,208

6,256

5,752

3,529

7,726

3,949

3,761

2,724

5,438

5,502

2,268

2,529

1,557

2,870

3,643

3,361

4,272

1,974

1,885

884

-

-

-

Gain on securitization of receivables

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,534

342

535

Fee income

5,570

1,845

5,338

5,717

2,174

1,504

1,487

1,615

1,321

704

897

691

681

393

770

351

302

291

98

836

226

167

183

207

1,343

321

648

254

10,147

520

Other Investment Revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,544

4,479

3,317

2,206

1,532

2,788

10,489

1,056

Total revenue

40,834

38,328

38,842

31,268

33,143

39,970

35,383

36,135

27,908

27,510

26,402

28,275

23,800

19,862

19,008

21,845

20,483

16,197

15,043

13,531

13,908

24,191

7,813

7,572

5,699

4,796

2,864

3,275

10,978

1,541

Expenses
Interest Expense

18,135

17,381

16,561

14,869

15,430

19,449

19,681

19,033

18,711

18,744

17,584

15,361

13,783

12,297

10,635

11,034

11,275

7,445

6,689

6,103

6,148

5,467

3,974

3,684

3,530

2,590

2,069

2,347

2,438

2,452

Investment Revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,243

6,777

5,912

5,180

3,401

-

-

-

Net Investment Revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,269

3,093

2,382

2,590

1,332

487

489

484

Provision for loss on receivables

648

-

8,027

-

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

-

-

-

-

-

-

-

Total Revenue, net of investment interest expense and provision

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,760

-

-

-

-

-

-

-

-

-

Compensation and benefits

8,897

7,495

7,193

6,650

7,439

7,686

6,309

6,335

5,321

3,976

5,347

5,659

4,726

4,380

4,325

5,754

4,418

4,618

4,341

3,978

3,851

2,870

3,111

2,924

1,613

1,979

7,292

1,157

4,139

1,116

General and administrative

3,409

3,875

3,737

3,739

3,342

4,895

3,551

3,844

2,801

3,482

2,367

3,139

2,188

2,164

1,991

2,322

1,816

2,122

2,034

1,595

1,505

1,819

1,433

1,445

1,153

866

1,237

584

1,907

907

Depreciation and amortization of intangibles

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

61

111

105

106

108

Acquisition costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,104

-

-

-

-

-

-

Total expenses

31,089

28,751

35,518

25,258

26,211

32,030

29,541

29,212

26,833

26,202

25,298

24,159

20,697

18,841

16,951

19,110

17,509

-

13,064

11,676

-

-

-

-

-

-

-

-

-

-

Income before equity method investments

9,745

9,577

3,324

6,010

6,932

7,940

5,842

6,923

1,075

1,308

1,104

4,116

3,103

1,021

2,057

2,735

2,974

-

1,979

1,855

-

-

-

-

-

-

-

-

-

-

Other, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-227

-

60

54

60

-

-

-

-

-

Income (loss) from equity method investments

17,000

46,060

6,000

8,000

5,000

1,485

12,000

11,000

-2,285

2,876

6,876

8,377

4,171

3,433

1,331

1,076

270

63

187

-295

-53

-

-

-

-

-

-

-448

1,436

-1,607

Other interest expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7

56

61

67

Other income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4

9

1

10

13

Unrealized gain on derivative instruments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

23

14

15

Other Expenses, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,636

-

4,604

5,527

2,826

2,902

8,638

2,326

4,753

3,778

Income (loss) before income taxes

26,333

55,637

9,308

13,634

11,438

10,133

17,513

17,506

-1,210

4,173

7,980

12,493

7,274

4,454

3,388

3,811

3,244

2,302

2,166

1,560

2,124

1,669

3,209

2,045

2,873

1,894

-5,774

949

6,225

-2,236

Income tax (expense) benefit

2,000

9,396

100

1,000

-2,270

1,044

900

200

0

765

5

83

32

17

41

36

47

41

24

76

-23

189

607

-830

60

-

-

-

0

0

Net income (loss)

24,410

46,241

9,176

12,795

13,708

9,099

16,574

17,353

-1,228

3,408

7,975

12,410

7,242

4,437

3,347

3,775

3,197

2,261

2,142

1,484

2,147

1,480

2,602

2,875

2,813

1,894

-5,774

949

6,225

-2,236

Net income (loss) attributable to non-controlling interest holders

102

166

74

55

61

44

91

91

-5

24

42

70

43

30

18

28

28

14

23

14

25

18

38

47

60

52

-802

0

-

-

Net income (loss) attributable to controlling stockholders

24,300

46,076

9,102

12,740

13,600

9,078

16,483

17,262

-1,223

3,428

7,933

12,340

7,199

4,407

3,329

3,747

3,169

2,247

2,119

1,470

2,122

1,462

2,564

2,828

2,753

1,842

-4,972

0

-

-

Basic earnings (loss) per common share (in usd per share)

0.36

0.70

0.14

0.20

0.22

0.16

0.30

0.32

-0.03

0.06

0.14

0.23

0.14

0.09

0.07

0.09

0.07

0.04

0.06

0.04

0.07

0.02

0.11

0.13

0.17

0.11

-0.32

0.00

-

-

Diluted earnings (loss) per common share (in usd per share)

0.35

0.66

0.13

0.19

0.21

0.16

0.30

0.32

-0.03

0.06

0.14

0.23

0.14

0.09

0.07

0.09

0.07

0.04

0.06

0.04

0.07

0.02

0.11

0.13

0.17

0.11

-0.32

0.00

-

-

Weighted average common shares outstanding — basic (in shares)

67,172

65,221

64,922

63,772

61,748

54,631

52,728

52,051

51,710

51,719

51,655

50,573

47,497

44,421

41,988

37,737

37,016

35,957

31,221

29,479

26,386

24,986

21,774

19,973

15,892

15,795

15,439

0

-

-

Weighted average common shares outstanding — diluted (in shares)

73,140

66,660

65,630

64,429

62,365

54,631

52,728

52,051

51,710

51,719

51,655

50,573

47,497

44,421

41,988

37,737

37,016

35,957

31,221

29,479

26,386

24,385

21,774

19,973

16,494

15,795

15,439

0

-

-