Innovative industrial properties inc (IIPR)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17
Revenues:
Rental (including tenant reimbursements)

21,130

17,672

11,555

8,617

6,823

4,783

3,926

3,314

2,764

2,346

1,495

1,289

1,290

Tenant reimbursements

-

-

-

-

-

-

-

-

-

-

64

0

0

Total revenues

21,130

17,672

11,555

8,617

6,823

4,783

3,926

3,314

2,764

2,282

1,559

1,289

1,290

Expenses:
Property expenses

600

374

357

337

247

80

210

68

87

54

64

0

0

General and administrative expense

3,346

3,151

2,156

2,593

1,918

1,982

1,442

1,474

1,477

1,293

983

1,466

1,755

Severance

-

-

-

-

-

-

-

-

-

-

0

113

-

Depreciation expense

4,907

3,545

2,221

1,615

1,218

914

703

536

476

362

217

175

161

Total expenses

8,853

7,070

4,734

4,545

3,383

2,976

2,355

2,078

2,040

1,709

1,264

1,754

1,916

Income from operations

12,277

10,602

6,821

4,072

3,440

1,807

1,571

1,236

724

573

295

-465

-626

Interest and other income

1,444

1,144

1,537

1,172

993

859

261

306

221

34

39

43

35

Interest expense

1,849

1,844

1,838

1,832

792

-

-

-

-

-

-

-

-

Net income

11,872

9,902

6,520

3,412

3,641

2,666

1,832

1,542

945

607

334

-422

-591

Preferred stock dividend

338

338

338

338

338

338

338

338

338

323

0

0

0

Net income attributable to common stockholders

11,534

9,564

6,182

3,074

3,303

2,328

1,494

1,204

607

284

334

-422

-591

Net income attributable to common stockholders per share (Note 8):
Basic

0.72

0.79

0.56

0.31

0.34

0.24

0.22

0.18

0.10

0.09

0.09

-0.13

-0.18

Diluted

0.72

0.78

0.55

0.30

0.33

0.24

0.21

0.17

0.09

0.09

0.09

-0.13

-0.18

Weighted average shares outstanding:
Basic

15,784

11,905

10,918

9,667

9,664

9,367

6,636

6,635

5,883

3,393

3,392

3,364

3,350

Diluted

15,898

12,044

11,057

9,807

9,797

9,515

6,785

6,783

6,025

3,393

3,392

3,364

3,350

Dividends declared per common share

-

-

-

-

-

-

-

-

-

-

0.15

0.15

0.00