Landmark infrastructure partners lp (LMRKN)
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'14
Revenue
Rental revenue

15,678

15,520

14,402

15,025

14,393

14,714

17,560

16,796

15,695

14,482

13,499

12,803

11,841

11,612

10,052

9,768

9,739

12,318

8,806

6,447

6,024

8,729

8,998

3,390

3,313

Interest income on receivables

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

282

-

200

196

-

-

-

-

-

Interest income on receivables

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

207

-

188

158

175

Total revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,021

-

9,007

6,644

6,231

8,915

9,186

3,549

3,488

Expenses
Management fees to affiliate

-

-

-

-

-

-

-

-

-

-

-

-

-

0

50

73

73

208

119

75

76

256

307

100

101

Property operating

731

478

435

405

665

272

360

229

286

147

86

74

87

10

23

69

5

3

21

10

1

-

-

21

-

General and administrative

1,612

1,298

1,288

1,503

1,478

1,208

735

1,089

1,699

1,019

1,422

1,437

1,408

979

632

1,041

1,103

815

462

661

983

241

47

514

17

Acquisition-related

315

549

119

368

127

2,818

88

196

185

280

255

285

467

1,492

987

355

72

989

1,071

731

1,223

-

-

-

-

Depreciation and amortization

3,892

-

-

-

3,517

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization

-

-

3,395

3,456

-

3,604

4,293

4,233

4,022

3,711

3,458

3,239

3,129

3,016

2,869

2,785

2,521

-

2,099

1,717

-

-

-

-

-

Amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,538

-

2,221

886

865

Impairments

82

1,642

442

0

204

-

877

103

-

0

0

692

156

-

1,235

-

-

323

302

514

2,762

-

-

8

-

Total expenses

6,632

7,834

5,679

5,732

5,991

8,481

6,353

5,850

6,192

5,157

5,221

5,727

5,247

-

-

-

-

-

-

-

-

-

-

-

-

Total expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,796

4,323

3,774

-

4,076

3,710

6,585

4,576

2,815

1,532

984

Other income and expenses
Interest and other income

232

68

198

172

394

362

434

408

438

419

430

379

359

-

350

275

-

-

-

-

-

-

-

-

-

Interest expense

4,701

4,731

4,259

4,692

4,488

4,687

6,906

6,408

6,272

5,468

4,777

4,234

3,920

3,640

3,663

3,315

3,305

4,236

2,788

2,045

1,886

3,439

3,198

1,171

1,132

Loss on early extinguishment of debt

-2,231

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,703

-

-

-

-902

-

-

-

-

-

-

Realized loss on derivatives

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-99

-

-

-

-

-

-

-

-

-

-

Realized loss on derivatives

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-13

-

-

-

-

-

-

Unrealized loss on derivatives

-7,291

1,636

-2,188

-4,013

-2,762

-4,198

774

1,286

3,148

1,786

-61

-544

494

6,042

1,231

-1,797

-3,170

-

-1,580

-

-

-

-

-

-

Equity income (loss) from unconsolidated joint venture

150

135

154

164

-55

-

59

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized gain (loss) on derivatives

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

412

-872

-

481

-435

-52

Gain on sale of real property interests

-

-23

473

11,673

5,862

-

100,039

-

-

-

-

-

-

0

0

0

374

154

0

9

72

-

-

-

-

Foreign currency transaction gain (loss)

3,363

-3,478

1,113

-47

-21

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total other income and expenses

-10,478

-6,393

-4,509

3,257

-1,070

-8,841

94,400

-4,714

-2,686

-3,268

-4,408

-4,399

-3,067

3,002

-3,884

-4,837

-6,101

-2,788

-5,285

-1,623

-2,686

-7,193

-2,717

-1,606

-1,184

Income (loss) before income tax expense (benefit)

-1,432

1,293

4,214

12,550

7,332

-2,608

105,607

6,232

6,817

6,057

3,870

2,677

3,527

-

372

-

-

-

-

-

-

-

-

-

-

Income tax expense (benefit)

-60

148

228

3,285

122

-436

460

127

76

-

72

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss)

-1,372

1,145

3,986

9,265

7,210

-2,172

105,147

6,105

6,741

9,274

3,798

2,677

3,527

8,795

372

608

146

-

-

-

-

-

-

-

-

Net income (loss)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-354

1,310

-3,041

-2,854

3,654

410

1,319

Less: Pre-acquisition net income from Drop-down Assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-4

-1,102

580

574

332

83

201

-149

10,612

-3,654

-410

-1,319

Less: Net income attributable to noncontrolling interest

8

8

7

8

8

7

8

8

4

8

4

4

3

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss) attributable to limited partners

-1,380

1,137

3,979

9,257

7,202

-2,179

105,139

6,097

6,737

9,266

3,794

2,673

3,524

8,799

1,474

28

-428

2,789

-270

1,108

-2,891

-

-

-

-

Less: Distributions declared to preferred unitholders

3,060

2,983

2,985

3,021

2,894

2,888

2,868

2,930

1,944

2,001

1,818

1,510

1,344

-

951

382

-

-

-

-

-

-

-

-

-

Less: General partner's incentive distribution rights

-

197

197

197

197

197

197

195

195

193

109

98

88

-

27

5

-

-

-

-

-

-

-

-

-

Less: Accretion of Series C preferred units

97

-

-

-

356

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss) attributable to common unitholders

-4,537

-

-

-

3,755

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income attributable to common and subordinated unitholders

-

-

701

5,945

-

-5,264

102,074

2,972

4,598

7,072

1,867

1,065

2,092

7,394

496

-359

-428

-

-270

1,108

-

-

-

-

-

Net income (loss) per common unit
Common units  basic and diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.02

-

-

-

-

-

-

-

-

-

Common units – basic

-0.18

-0.08

0.03

0.23

0.15

-0.14

4.06

0.12

0.21

0.32

0.08

0.05

0.09

-

0.06

-

-0.03

-

-

-

-

-

-

-

-

Common units – diluted

-0.18

-0.08

0.03

0.23

0.15

-0.05

3.71

0.12

0.19

0.31

0.08

0.05

0.09

-

0.06

-

-0.03

-

-

-

-

-

-

-

-

Subordinated units – basic and diluted

-

-

-

-

-

-0.19

-0.20

-0.20

-0.19

0.28

0.08

0.05

0.09

0.39

-0.10

-0.03

-0.03

-

-

-

-

-

-

-

-

Weighted average common units outstanding
Common units – basic

25,461

25,354

25,341

25,339

25,338

25,312

25,138

25,058

22,996

19,947

19,750

19,650

19,457

18,772

13,427

11,915

11,830

-

-

-

-

-

-

-

-

Common units – diluted

25,461

25,354

25,341

25,339

25,338

30,505

27,741

25,058

24,564

26,217

22,885

22,785

19,457

25,042

13,427

15,050

14,965

-

-

-

-

-

-

-

-

Subordinated units – basic and diluted

-

-

-

-

-

-3

-7

-10

1,568

3,135

3,135

3,135

3,135

3,135

3,135

3,135

3,135

-

-

-

-

-

-

-

-

Cash distributions declared per common unit

0.20

-

0.36

0.36

0.36

-

0.36

0.36

0.36

-

0.35

0.35

0.35

-

0.33

0.33

0.33

-

-

-

0.29

-

-

-

-

Preferred Units Series C
Less: Accretion of Series C preferred units

97

95

96

94

356

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-