INNSUITES HOSPITALITY TRUST IHT Income Statement

Innsuites hospitality trust (IHT)

Income statement / Quarterly

Oct'19	Jul'19	Apr'19	Jan'19	Oct'18	Jul'18	Apr'18	Jan'18	Oct'17	Jul'17	Apr'17	Jan'17	Oct'16	Jul'16	Apr'16	Jan'16	Oct'15	Jul'15	Apr'15	Jan'15	Oct'14	Jul'14	Apr'14	Jan'14	Oct'13	Jul'13	Apr'13	Jan'13	Oct'12	Jul'12	Apr'12	Jan'12	Oct'11	Jul'11	Apr'11	Oct'10	Jul'10
REVENUE
TOTAL REVENUE
1,497	1,540	2,093	-	1,486	1,437	1,863	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Room
-	-	-	-	-	-	-	-746	1,217	2,041	2,710	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Food and Beverage
-	-	-	-	-	-	-	-14	9	15	10	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Management and Trademark Fees
-	-	-	-	-	-	-	43	38	38	80	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Room
-	-	-	-	-	-	-	-	-	-	-	1,173	1,912	1,763	3,275	-	2,457	-	935	-7,679	2,877	3,039	4,190	3,256	2,757	3,121	4,306	3,222	2,899	3,030	4,283	3,453	2,856	3,218	3,996	2,650	2,526
Food and Beverage
-	-	-	-	-	-	-	-	-	-	-	-46	7	10	61	-	29	-	12	-718	185	177	393	245	184	205	356	231	233	243	359	216	149	177	292	124	152
Management and Trademark Fees
-	-	-	-	-	-	-	-	-	-	-	87	69	61	76	50	42	42	85	69	64	62	82	50	46	42	55	49	46	54	112	57	57	48	66	46	62
Reservation and Convention
-	-	-	-	-	-	-	-	-	-0	229	177	115	174	202	-	13	21	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	-	-	-	-	-	-	1	38	20	22	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Telecommunications
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0	0	0	1	2	3
Other
-	-	-	-	-	-	-	-	-	-	-	18	15	19	21	-	17	-	134	-62	51	51	59	69	50	57	77	48	54	42	64	75	50	64	50	39	60
Payroll Reimbursements from Related Parties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	584	531	525	590	470	693
TOTAL REVENUE
-	-	-	-	-	-	-	-907	1,304	2,114	3,053	1,411	2,119	2,028	3,638	7,823	2,561	63	1,168	-8,390	3,178	3,330	4,726	3,622	3,039	3,427	4,796	3,551	3,235	3,371	4,819	4,387	3,645	4,035	4,998	3,334	3,499
OPERATING EXPENSES
Room
-	-	-	-	-	-	-	-19	402	680	679	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Food and Beverage
-	-	-	-	-	-	-	-16	12	16	18	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Room
-	-	-	-	-	-	-	-	-	-	-	377	582	566	896	-	806	-	244	-2,099	909	951	1,057	833	932	954	947	980	839	962	977	879	834	853	979	793	778
Food and Beverage
-	-	-	-	-	-	-	-	-	-	-	-65	35	27	93	-	73	-	17	-582	207	190	266	237	196	200	293	236	248	258	263	245	168	198	257	173	179
Telecommunications
-	-	-	-	-	-	-	-17	0	10	9	9	5	4	4	-	3	-	3	-2	7	8	7	4	8	8	5	5	9	19	16	11	10	13	10	9	17
General and Administrative
-	-	-	-	-	-	-	369	560	732	978	972	923	939	1,115	1,433	770	519	569	-565	718	980	947	679	690	946	822	614	749	817	796	858	637	768	838	664	708
Sales and Marketing
-	-	-	-	-	-	-	-399	132	209	451	275	397	281	325	655	282	80	93	-421	333	312	301	306	269	246	289	233	252	313	283	299	261	253	296	293	280
Reservation Acquisition Costs
-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repairs and Maintenance
-	-	-	-	-	-	-	-12	99	194	133	73	189	154	272	-	231	-	71	-626	252	296	362	302	316	314	292	343	320	371	395	328	313	363	425	259	298
Hospitality
-	-	-	-	-	-	-	-8	113	163	160	124	129	121	207	-	165	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Utilities
-	-	-	-	-	-	-	-10	91	160	120	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Hospitality
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	43	-532	198	195	277	213	183	212	228	186	179	215	227	213	161	192	223	165	176
Utilities
-	-	-	-	-	-	-	-	-	-	-	61	150	141	207	-	219	-	44	-828	357	352	303	276	318	343	264	292	343	344	283	267	327	328	277	318	308
Depreciation
-	-	-	-	-	-	-	-43	201	273	288	297	936	27	133	684	122	10	128	-835	440	447	444	449	434	444	454	447	440	433	433	425	422	437	449	465	465
Intangible Amortization
-	-	-	-	-	-	-	-	-	-	-	-	16	16	16	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Intangible Amortization
-	-	-	-	-	-	-	-	-	16	16	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Real Estate and Personal Property Taxes, Insurance and Ground Rent
-	-	-	-	-	-	-	48	102	117	127	104	113	110	180	-	168	-	29	-615	277	204	245	260	195	256	226	226	182	257	287	241	268	201	205	213	235
Other
-	-	-	-	-	-	-	31	0	-5	0	-	7	-	-	-	3	-	0	-9	-12	11	15	2	2	2	2	1	3	2	2	2	2	4	3	1	4
Payroll Costs Related to Management Contracts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	584	531	525	590	470	693
TOTAL OPERATING EXPENSES
1,527	1,953	2,242	2,268	1,701	1,750	1,754	-112	1,718	2,569	2,985	2,218	3,488	2,391	3,453	7,589	2,848	610	1,247	-7,119	3,689	3,952	4,228	3,566	3,549	3,929	3,825	3,568	3,568	3,996	3,967	4,357	3,938	4,141	4,555	3,828	4,146
OPERATING LOSS
-30	-413	-149	-886	-215	-312	109	-794	-413	-454	68	-807	-1,369	-363	184	234	-287	-546	-78	-1,271	-511	-621	497	55	-510	-502	970	-16	-333	-624	852	30	-292	-106	443	-493	-647
Interest Income
62	0	0	-94	34	57	3	17	4	1	0	0	0	0	0	-0	0	0	0	-0	-0	0	1	3	0	1	0	-10	14	5	0	2	1	0	0	0	0
Interest Income on Advances to Affiliates - Related Party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Income on Advances to Affiliates - Related Party
-	-	1	-	-	-	-	-	-	-	-	18	0	-10	20	14	0	0	0	-	-	1	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
TOTAL OTHER INCOME
62	0	2	13	34	57	3	98	4	1	0	8	0	0	21	14	0	0	0	-3	3	4	2	3	0	1	0	-10	14	5	0	2	1	0	0	0	0
Interest on Mortgage Notes Payable
68	58	54	58	63	58	58	-65	68	127	91	46	106	100	164	431	175	0	63	-192	131	181	173	197	188	190	181	207	236	267	197	359	375	376	379	390	392
Interest on Notes Payable to Banks
-	-	-	-	11	13	11	-16	-4	2	27	19	13	6	20	-14	-3	4	12	12	7	8	8	-	8	8	-	8	7	0	0	-	-	-	-	-	-
Interest on Other Notes Payable
115	7	68	56	37	24	23	70	4	8	17	11	4	-5	0	39	14	1	4	-8	6	13	2	0	11	10	5	8	7	8	9	9	10	7	8	9	10
Interest on Advances to Affiliates - Related Party
-	-	-	-	-	-	-	-	0	0	3	-	-	0	0	-13	5	6	1	-24	18	5	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
TOTAL INTEREST EXPENSE
183	66	122	89	101	96	93	-13	67	138	140	77	124	101	185	442	191	13	82	-212	163	208	185	216	208	209	187	225	251	277	207	370	385	384	387	400	402
CONSOLIDATED NET LOSS BEFORE INCOME TAX PROVISION AND DISCONTINUED OPERATIONS
-151	-478	-269	-962	-282	-351	19	-682	-476	-590	-72	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
CONSOLIDATED NET LOSS BEFORE INCOME TAX PROVISION, DISCONTINUED OPERATIONS AND GAIN ON DISPOSAL OF ASSETS
-	-	-	-	-	-	-	-	-	-	-	-877	-1,494	-464	20	-194	-478	-559	-161	-1,061	-671	-825	314	-157	-719	-710	783	-	-	-	-	-	-	-	-	-	-
Income Tax Provision
-	-	-	-	197	209	-	11	0	270	60	-230	2	0	0	25	0	30	41	118	0	49	30	-	-	-	-	-	-	-	-	-	-	-	-	-	-
CONSOLIDATED NET LOSS FROM CONTINUING OPERATIONS
-151	-478	-269	-962	-480	-561	19	-693	-476	-860	-132	-	-1,496	-464	-	-220	-478	-589	-202	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued Operations, Net of Non-Controlling Interest
-	-	-	-688	784	76	309	1,230	350	1,084	-190	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued Operations, Net of Non-Controlling Interest
-	-	-	-	-	-	-	-	-	-	-	-	-384	194	-	-207	-535	-388	609	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on Disposal of Discontinued Operations
-	-	-	-	13,323	-	-	-	0	11,445	-	-	0	0	-	-	2,351	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
CONSOLIDATED NET INCOME FROM DISCONTINUED OPERATIONS
-	-	-	-	12,539	-	-	-1,230	-350	10,360	190	-	-384	194	-	-	1,816	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
CONSOLIDATED NET (LOSS) INCOME
-151	-478	-269	-24	12,058	-638	-289	-1,923	-826	9,500	58	-496	-1,881	-269	20	-427	1,337	-978	407	-978	-671	-875	284	-194	-719	-710	783	-252	-570	-897	644	-337	-676	-489	56	-893	-1,049
LESS: NET INCOME ATTRIBUTABLE TO NON-CONTROLLING INTEREST
49	-14	59	113	9,159	51	362	5,370	-128	-128	297	-830	92	92	210	73	-39	-217	90	-256	-75	-28	223	-15	-108	-43	347	135	-172	-213	180	-93	-151	-130	6	-219	-263
NET (LOSS) INCOME ATTRIBUTABLE TO CONTROLLING INTERESTS
-201	-464	-328	-138	2,899	-689	-652	-7,293	-698	9,628	-239	334	-1,974	-362	-189	-500	1,377	-760	316	-722	-595	-846	60	-178	-611	-667	435	-388	-398	-683	464	-244	-525	-358	50	-674	-785
NET (LOSS) INCOME PER SHARE FROM CONTINUING OPERATIONS - DILUTED
-	-	-0.02	-	-	-	-	-	-0.05	-0.06	-	-	-	-0.04	-	-0.01	-0.04	-0.05	-0.02	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET LOSS PER SHARE FROM CONTINUING OPERATIONS - BASIC & DILUTED
-0.02	-0.05	-	-	-0.05	-0.06	-	-	-	-	-0.01	-	-0.15	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET INCOME PER SHARE FROM DISCONTINUED OPERATIONS - BASIC & DILUTED
-	-	-	-	-	-	-	-	-	-	0.02	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET LOSS PER SHARE FROM DISCONTINUED OPERATIONS - BASIC
-	-	-	-	-	-	-0.03	-	-0.04	1.06	-	-	-	0.02	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET LOSS PER SHARE FROM DISCONTINUED OPERATIONS - DILUTED
-	-	-	-	-	-	-0.02	-	-0.04	0.78	-	-	-	0.02	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET INCOME PER SHARE FROM DISCONTINUED OPERATIONS - BASIC & DILUTED
-	-	-	-	1.27	-0.01	-	-	-	-	-	-	-0.04	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET (LOSS) INCOME PER SHARE FROM CONTINUING OPERATIONS - BASIC
-	-	-0.03	-	-	-	-	-	-0.05	-0.09	-	-	-	-0.05	-	-0.03	-0.06	-0.07	-0.02	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET (LOSS) INCOME PER SHARE TOTAL - BASIC & DILUTED
-0.02	-0.05	-	-	1.22	-0.07	-	-	-	-	-0.01	-	-0.19	-	-0.02	-	-	-	-	-	-0.07	-0.10	0.01	-0.02	-0.07	-0.08	0.05	-0.04	-0.05	-0.08	0.05	-0.04	-0.06	-0.04	0.01	-0.08	-0.09
NET INCOME (LOSS) PER SHARE FROM NON-CONTROLLING INTEREST - BASIC
-	-	-	-	-	-	-	-	-0.01	-0.01	-	-	-	-	-	-0.02	0.22	-0.05	0.07	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET LOSS PER SHARE TOTAL - BASIC
-	-	-0.03	-	-	-	-0.03	-	-0.07	0.96	-	-	-	-0.03	-	-0.05	0.16	-0.12	0.05	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET INCOME (LOSS) PER SHARE FROM NON-CONTROLLING INTEREST - DILUTED
-	-	-	-	-	-	-	-	-0.01	-0.01	-	-	-	-	-	-0.02	0.15	-0.03	0.05	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET LOSS PER SHARE TOTAL - DILUTED
-	-	-0.02	-	-	-	-0.02	-	-0.07	0.73	-	-	-	-0.02	-	-0.03	0.11	-0.08	0.03	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING - BASIC
-	-	9,362	-	-	-	9,612	-	9,566	9,754	-	-	-	8,809	-	8,283	8,260	8,265	8,269	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING - DILUTED
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,944	11,949	11,953	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING - DILUTED
-	-	12,668	-	-	-	13,085	-	9,566	13,244	-	-	-	12,493	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING - BASIC & DILUTED
9,298	9,334	-	-	9,847	9,341	-	-	-	-	9,792	-	9,681	-	8,814	-	-	-	-	-	8,429	8,403	8,379	8,345	8,363	8,376	8,387	-16,818,466,778	8,400,593,000	8,417,899,000	8,441	-	8,499	8,528	-	-	-
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING - BASIC (in Shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,578	8,573	8,583
Room [Member]
TOTAL REVENUE
1,439	1,470	1,995	-	1,435	1,375	1,771	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
TOTAL OPERATING EXPENSES
493	486	541	-	485	464	485	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Food and Beverage [Member]
TOTAL REVENUE
20	14	17	-	12	12	9	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
TOTAL OPERATING EXPENSES
24	23	24	-	17	15	19	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Management and Trademark Fees [Member]
TOTAL REVENUE
37	35	63	-	38	22	66	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other [Member]
TOTAL REVENUE
-11	20	16	-	15	26	15	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
TOTAL OPERATING EXPENSES
7	3	4	-	0	-	2	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Reservation and Convention [Member]
TOTAL REVENUE
-	-	-	-	-15	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Telecommunications [Member]
TOTAL OPERATING EXPENSES
-	0	-	-	0	0	3	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General and Administrative [Member]
TOTAL OPERATING EXPENSES
217	654	837	-	430	449	494	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sales and Marketing [Member]
TOTAL OPERATING EXPENSES
112	146	127	-	122	172	144	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repairs and Maintenance [Member]
TOTAL OPERATING EXPENSES
95	102	99	-	166	89	106	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Hospitality [Member]
TOTAL OPERATING EXPENSES
127	131	139	-	115	121	106	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Utilities [Member]
TOTAL OPERATING EXPENSES
115	101	92	-	58	128	88	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation [Member]
TOTAL OPERATING EXPENSES
269	252	241	-	209	209	205	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Real Estate and Personal Property Taxes, Insurance and Ground Rent [Member]
TOTAL OPERATING EXPENSES
65	50	134	-	95	98	97	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-