REALTY INCOME CORPORATION O Income Statement

Realty income corporation (O)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
REVENUE
Rental (including reimbursable)
1,542,938	1,484,818	1,431,782	1,396,722	1,357,735	1,321,546	1,325,346	1,281,549	1,244,333	1,212,306	1,142,549	1,114,426	1,086,433	1,057,413	1,034,923	1,017,169	998,544	976,865	954,766	934,020	914,457	893,457	867,821	836,321	794,542	748,218	668,341	589,804	522,243	466,498	438,100	427,047	415,880	400,972	385,565	366,572	347,413	332,780	332,499	326,966	0	0	0
Other
8,629	6,773	4,856	3,750	6,173	6,292	5,487	6,190	2,934	3,462	4,128	2,914	2,420	2,655	2,076	2,882	3,833	4,405	4,420	3,902	3,689	2,930	4,077	5,113	6,373	7,047	5,727	4,439	3,175	1,730	1,937	2,071	1,725	1,612	1,158	754	690	657	812	813	0	0	0
Total revenue
1,551,567	1,491,591	1,436,638	1,400,472	1,363,908	1,327,838	1,295,915	1,264,754	1,236,038	1,215,768	1,192,958	1,163,212	1,134,081	1,103,172	1,078,998	1,060,713	1,043,534	1,023,285	1,007,190	984,014	958,800	933,505	902,094	868,462	826,259	780,209	704,306	619,374	546,064	482,847	449,813	438,894	427,381	412,360	386,723	367,326	348,103	333,437	333,311	327,779	0	0	0
EXPENSES
Depreciation and amortization
621,029	593,961	575,078	562,621	546,194	539,780	529,102	519,704	508,794	498,788	489,506	475,854	463,107	449,943	437,931	428,352	419,111	409,215	400,013	390,935	382,728	374,661	363,416	348,978	329,990	306,769	262,441	218,658	179,494	147,323	136,063	130,585	124,516	116,546	108,214	100,594	95,208	91,641	92,949	91,790	0	0	0
Interest
296,896	290,991	286,553	282,485	276,625	266,020	256,863	250,472	247,523	247,413	234,870	224,871	218,601	219,974	223,020	234,018	235,289	233,079	240,218	229,082	223,114	216,366	208,021	205,043	191,563	181,442	165,731	145,615	135,189	122,542	116,460	115,290	112,131	108,301	104,450	101,035	96,964	93,237	89,480	85,712	0	0	0
Property (including reimbursable)
92,555	88,585	81,064	76,516	71,410	66,326	65,246	66,707	66,957	69,480	70,239	68,650	66,835	62,865	58,351	56,215	56,481	55,352	62,852	62,080	57,270	53,871	46,533	42,229	39,856	38,851	41,656	34,722	28,714	21,297	15,931	16,056	15,907	15,457	5,405	5,490	5,539	5,805	6,831	6,875	0	0	0
General and administrative
72,339	66,483	84,331	84,203	83,572	84,148	65,189	62,738	60,565	58,446	56,787	55,009	53,213	51,966	51,372	50,130	48,754	49,298	51,919	52,083	51,061	51,085	52,023	57,638	58,139	56,881	50,578	43,273	40,458	37,998	35,730	33,538	32,252	30,954	28,785	27,807	26,470	25,311	24,432	23,273	0	0	0
Income taxes
7,476	6,158	6,029	5,509	5,562	5,340	7,156	6,987	6,220	6,044	3,072	2,833	3,345	3,262	3,533	3,384	3,059	3,169	3,550	3,502	3,444	3,461	2,938	2,810	2,864	2,350	1,985	1,821	1,602	1,430	1,582	1,544	1,507	1,470	1,607	1,575	1,484	1,393	963	936	0	0	0
Provisions for impairment
40,000	40,200	32,500	25,900	16,800	26,300	31,828	25,293	23,567	14,800	11,781	20,179	24,174	20,664	18,334	13,435	10,396	10,560	10,630	7,261	4,530	4,126	2,967	0	0	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Merger-related costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13,013	18,370	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Total expenses
1,130,287	1,086,364	1,065,526	1,037,164	1,000,083	987,883	955,269	931,824	913,598	894,922	866,255	847,396	829,275	808,674	792,541	785,534	773,090	760,673	769,182	744,943	722,147	703,570	675,746	659,258	625,368	599,596	541,599	468,552	409,025	342,128	311,271	297,023	286,323	272,738	249,310	237,350	226,514	218,236	214,655	208,586	0	0	0
Gain on sales of real estate
61,200	30,000	21,682	27,782	28,682	24,600	42,028	38,547	33,586	40,900	24,387	24,403	30,222	21,979	20,408	22,297	17,314	22,243	42,112	46,863	45,152	39,205	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Foreign currency and derivative losses, net
691	2,255	463	136	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on extinguishment of debt
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	269,140	240,558	212,439	202,162	180,613	162,707	150,822	137,039	140,719	138,542	141,871	141,058	139,622	137,413	129,976	121,589	115,201	118,656	119,193	0	0	0
Real estate acquired for resale by Crest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0
Real estate held for investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0
Income from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,800	17,937	24,336	28,888	65,670	57,966	55,402	56,076	18,433	22,591	22,584	19,238	17,410	16,491	14,802	14,989	15,583	7,403	7,772	0	0	0
Net income
473,391	437,478	393,228	391,236	392,513	364,598	340,246	329,036	313,598	319,318	351,090	340,219	335,028	316,477	306,865	297,476	287,758	284,855	279,823	285,637	281,528	271,940	258,495	236,775	231,050	246,283	220,673	206,224	193,115	159,152	0	0	0	-	-	-	-	-	-	-	-	-	-
Net income attributable to noncontrolling interests
1,024	996	971	1,029	1,120	984	852	701	507	520	703	700	830	906	795	1,003	1,013	1,089	1,208	1,214	1,290	1,305	1,312	1,304	1,042	719	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income available to common stockholders
472,367	436,482	392,257	390,207	391,393	363,614	339,394	328,335	313,091	318,798	350,387	339,519	334,198	315,571	306,070	296,473	286,745	283,766	278,615	284,423	280,238	270,635	257,183	235,471	230,008	245,564	220,251	206,138	193,106	159,152	161,133	164,455	160,296	157,032	153,904	144,778	136,578	130,784	126,059	126,965	0	0	0
Preferred stock dividends
-	-	-	-	-	-	-	-	-	3,911	10,681	17,451	24,221	27,080	27,080	27,080	27,080	27,080	27,081	29,638	33,350	37,062	40,775	41,930	41,930	41,930	41,929	41,929	41,904	40,918	36,499	32,080	27,686	24,253	24,253	24,253	24,253	24,253	24,252	24,252	0	0	0
Preferred Stock Redemption Premium
-	-	-	-	-	-	-	-	-	13,373	0	0	0	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	3,696	0	0	0	-	-	-	0	-	-	-	-	-	-
Net Income (Loss) Available to Common Stockholders, Basic
-	-	-	-	-	-	-	-	-	301,514	326,333	308,695	296,604	288,491	278,990	269,393	259,665	256,686	251,534	248,770	240,873	227,558	210,393	193,541	188,078	203,634	178,322	164,209	151,202	114,538	120,938	128,679	128,914	132,779	129,651	120,525	112,325	106,531	101,807	102,713	0	0	0
Amounts available to common stockholders per common share:
Income from continuing operations, basic and diluted (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.33	0.26	0.23	0.21	0.20	0.18	0.21	0.13	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income, basic and diluted (in dollars per share)
0.44	-	-	0.31	0.37	-	-	0.34	0.29	0.21	0.32	0.30	0.27	0.34	0.27	0.27	0.25	-	0.26	-	0.27	-	0.26	0.23	-	-	0.21	0.23	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from continuing operations:
Basic (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.16	0.17	0.21	0.18	0.17	0.24	0.25	0.25	0.19	0.23	0.22	0.22	0.24	0.23
Diluted (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.16	0.17	0.21	0.18	0.17	0.24	0.25	0.25	0.19	0.23	0.22	0.22	0.24	0.23
Net income:
Net income, basic (in dollars per share)
-	-	0.32	-	-	-	0.34	-	-	-	-	-	-	-	-	-	-	-	-	0.26	-	-	-	-	0.23	-	-	-	0.37	0.21	0.20	0.25	0.20	0.27	0.27	0.26	0.25	0.29	0.25	0.24	0.23	0.26	0.26
Net income, diluted (in dollars per share)
-	-	0.32	-	-	-	0.34	-	-	-	-	-	-	-	-	-	-	-	-	0.25	-	-	-	-	0.23	-	-	-	0.36	0.21	0.20	0.25	0.20	0.27	0.27	0.26	0.25	0.29	0.25	0.24	0.23	0.26	0.26
Weighted average common shares outstanding:
Basic (in shares)
336,624	328,840	319,945	311,032	303,528	298,198	290,664	284,928	283,917	282,422	275,511	272,588	263,340	258,631	258,085	253,375	250,173	249,110	236,211	232,403	225,346	223,517	222,061	220,979	207,003	204,017	195,768	195,574	171,659	133,334	132,764	132,592	132,577	133,234	126,376	125,999	118,960	112,429	103,830	103,612	103,606	103,470	103,446
Diluted (in shares)
336,976	329,232	320,263	311,322	303,819	298,771	291,207	285,372	284,345	282,662	276,050	273,099	263,934	259,151	258,673	253,973	250,698	249,381	236,739	232,886	225,825	224,150	222,236	221,360	207,324	202,376	196,619	196,076	172,053	133,075	132,931	132,828	132,703	132,863	126,582	126,202	119,109	112,341	103,977	103,765	103,686	103,481	103,450
Other comprehensive income:
Net Income (Loss) Attributable to Parent
472,367	436,482	392,257	390,207	391,393	363,614	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Foreign currency translation adjustment
578	186	-365	-6	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized loss on derivatives, net
-31,353	-9,190	-5,136	-6,493	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of interest rate swaps
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of interest rate swaps
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Comprehensive income available to common stockholders
441,592	427,478	378,658	375,610	379,596	355,516	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tenant reimbursements
Total revenue
-	-	-	-	-	-	-	-	-	-	46,281	45,872	45,228	43,104	41,999	40,662	41,157	42,015	48,004	46,092	40,654	37,118	30,196	27,028	25,344	24,944	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-