Medequities realty trust, inc. (MRT)
Income statement / Quarterly
Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Sep'15
Revenues
Rental income

15,375

12,052

8,399

16,321

15,929

15,673

15,114

14,287

13,839

13,769

13,603

6,354

14,604

12,586

Total revenues

16,686

13,306

9,678

17,560

16,716

16,232

15,766

14,825

14,282

14,010

13,845

6,593

14,848

13,238

Expenses
Depreciation and amortization

4,444

4,437

4,388

4,183

4,194

4,328

3,931

3,627

3,618

3,618

3,617

3,429

3,659

2,713

Property related

462

1,071

307

1,097

322

327

326

477

352

297

341

344

321

294

Real estate acquisition related

6

162

610

184

108

95

33

263

66

0

29

442

17

214

Franchise, excise and other taxes

84

77

96

71

71

65

50

-60

86

144

87

30

105

14

Bad debt expense

-

-

-

-

-

-

-

-

-

-

-

216

-

-

General and administrative

4,690

3,244

2,284

5,056

3,316

2,481

3,046

2,979

3,171

2,836

2,436

2,553

2,771

2,437

Total operating expenses

9,686

-

-

-

8,011

-

-

-

-

-

-

-

-

-

Total operating expenses

-

-

7,685

10,591

-

-

7,386

7,286

7,293

-

6,510

7,014

6,873

5,672

Operating income

7,000

4,315

1,993

6,969

8,705

8,936

8,380

7,539

6,989

7,115

7,335

-421

7,975

7,566

Other income (expense)
Interest and other income

1

0

1

3

7

4

3

1

1

1

191

2

1

3

Interest expense

4,898

3,953

3,190

2,786

2,558

2,261

2,117

1,808

1,515

1,740

2,792

3,226

3,125

2,341

Other income (expense)

-4,897

-3,953

-3,189

-2,783

-2,551

-2,257

-2,114

-1,807

-1,514

-1,739

-2,601

-3,224

-3,124

-2,338

Net income

2,103

362

-1,196

4,186

6,154

6,679

6,266

5,732

5,475

5,376

4,734

-3,645

4,851

5,228

Less: Preferred stock dividends

-

-

-

-

-

-

-

-

-

6,366

2,464

2,465

2,465

2,465

Less: Net income attributable to noncontrolling interest

739

953

951

954

985

909

941

936

944

931

821

-2,841

1,355

1,339

Net income attributable to common stockholders

1,364

-591

-2,147

3,232

5,169

5,770

5,325

4,796

4,531

-1,921

1,449

-3,269

1,031

1,424

Net income attributable to common stockholders per share
Basic and diluted

0.04

-0.02

-0.07

0.10

0.16

0.18

0.17

0.15

0.14

-0.09

0.12

-0.30

0.09

0.12

Weighted average shares outstanding
Basic

31,726

31,662

31,624

31,552

31,550

31,502

31,467

31,404

31,415

30,470

10,964

10,959

10,959

-

Diluted

31,735

31,544

31,624

31,626

31,610

31,528

31,506

31,487

31,415

30,375

10,964

10,959

11,054

-

Basic and diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

10,949

Dividends declared per common share

0.21

0.00

0.21

0.21

0.21

0.21

0.21

0.21

0.21

-

0.42

0.21

-

0.38

Mortgage Notes Receivable
Interest income

1,147

-

-

-

787

-

-

-

-

-

-

-

-

-

Notes Receivable
Interest income

164

-

-

-

-

-

-

-

-

-

-

-

-

-