Plymouth industrial reit inc. (PLYM)
Income statement / TTM
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'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Jun'11
Rental revenue

84,857

75,290

69,383

61,908

56,862

48,683

38,486

31,536

23,210

18,372

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Tenant recoveries

-

-

-

-

-

-

-

-

8,096

6,443

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other revenue

-

-

-

-

-

534

303

522

452

3

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Rental revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

19,321

19,258

19,249

19,290

17,263

12,377

7,513

2,664

0

0

0

-

-

-

-

-

-

-

-

-

Other income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equity investment income (loss)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-47

-85

-162

4

132

175

-158

-304

-577

-589

-286

-242

-69

-93

0

0

0

-

Interest Income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

Dividend Income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Realized Gain on Sale of REIT Securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

Interest Income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

Total revenues

84,857

75,290

66,445

58,975

54,000

49,217

43,765

38,778

31,758

24,818

21,772

20,169

19,989

19,888

19,437

19,213

19,202

19,205

17,101

12,381

7,645

2,839

-158

-304

-577

-589

-286

-242

-69

-92

0

0

0

0

Operating expenses
Property

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property

-

-

24,077

21,506

-

17,449

15,709

13,519

11,249

8,205

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property

-

-

-

-

-

-

-

-

-

-

-

-

-

5,927

5,955

5,843

5,654

5,751

4,755

3,371

2,113

604

0

0

0

-

-

-

-

-

-

-

-

-

Depreciation and amortization

43,046

37,381

33,860

30,710

28,678

26,788

24,177

21,427

17,768

13,998

11,934

11,320

11,418

11,674

11,775

11,881

12,056

12,136

10,799

7,808

4,750

1,642

0

0

0

-

-

-

-

-

-

-

-

-

General and administrative

8,357

7,481

7,252

6,511

6,353

6,080

6,332

6,162

5,838

5,189

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition costs

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

Professional Services

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

863

992

773

733

0

0

0

-

Marketing

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

316

288

197

165

0

0

0

-

Rent and Lease Costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

172

214

132

95

0

0

0

-

Directors fees, including stock compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

323

281

232

190

0

0

0

-

Commissions and Fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

-

Insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

126

127

64

45

0

0

0

-

Compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

953

1,136

1,032

605

0

0

0

-

General and Administrative

-

-

-

-

-

-

-

-

-

-

-

-

-

3,709

3,678

3,662

4,105

4,688

5,084

4,900

4,387

3,302

4,400

3,853

3,250

2,883

414

256

110

68

0

0

0

-

Acquisition costs

-

-

-

-

-

-

-

-

-

-

-

-

-

33

-3

83

725

1,061

3,226

3,684

3,128

2,773

0

0

0

-

-

-

-

-

-

-

-

-

Offering costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Bank Charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Total operating expenses

81,389

72,099

65,189

58,727

54,290

50,317

46,235

41,129

34,958

27,495

22,879

21,307

20,877

21,343

21,405

22,407

23,478

24,574

24,802

19,763

14,378

8,321

3,293

2,746

2,652

2,883

3,234

3,468

2,713

2,073

0

0

0

0

Operating income (loss)

-

-

-

-

-

-

-

-

-3,200

-2,677

-1,107

-1,138

-888

-1,455

-1,968

-3,194

-4,276

-5,369

-7,701

-7,382

-6,733

-5,482

-3,039

0

0

-

0

-

-

-

-

-

-

-

Other (expense):
Gain on disposition of equity investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Interest expense

15,977

14,948

15,019

14,951

15,591

15,734

14,995

14,039

12,625

11,581

12,955

21,796

29,836

40,679

42,317

38,686

38,901

44,676

51,641

43,895

32,838

13,279

83

0

0

-

0

-

-

-

-

-

-

-

Loss on extinguishment of debt

-

-

-

-

-

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of warrant derivative

-

181

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total other expense, net

-16,079

-15,129

-15,136

-15,872

-20,011

-20,075

-19,169

-17,409

-12,394

-11,350

0

0

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss

-12,611

-11,938

-13,880

-15,624

-20,301

-21,175

-21,639

-19,760

-15,594

-14,027

0

0

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Less: loss attributable to non-controlling interest

-1,110

-1,518

-2,091

-2,200

-2,649

-2,459

-2,198

-1,938

-3,318

-5,320

0

0

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total other expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

Net loss attributable to Plymouth Industrial REIT, Inc.

-11,501

-10,420

-11,789

-13,424

-17,652

-18,716

-19,441

-17,822

-12,276

-8,707

-4,084

-13,113

-23,112

-36,987

-44,279

-40,500

-41,797

-48,665

-57,636

-50,945

-39,239

-18,429

-3,534

-3,051

-3,229

-3,472

-3,521

-3,710

-2,782

-2,166

0

0

0

0

Less: Preferred stock dividends

6,310

6,263

5,770

5,160

4,550

3,940

3,591

2,635

1,679

723

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Less: Series B Preferred stock accretion to redemption value

7,555

7,601

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Less: amount allocated to participating securities

258

239

223

209

197

201

283

235

189

128

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss attributable to common stockholders

-25,624

-24,523

-23,842

-22,953

-24,658

-23,216

-23,315

-20,692

-14,144

-9,558

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss per share attributable to common stockholders

-0.53

0.05

-0.68

-0.88

-1.37

-0.89

-1.22

-2.27

-1.38

-1.12

-0.74

-1.26

-1.33

-31.75

-35.28

-33.61

-10.78

-5.35

-5.97

-9.38

-15.95

-12.37

-0.94

-0.57

-0.31

1.20

-1.20

-2.24

-2.85

4.09

-17.01

0.00

0.01

-

Weighted-average common shares outstanding basic and diluted

14,393

13,368

9,081

6,835

4,727

4,711

4,350

3,400

3,647

3,709

3,636

922

331

-663

331

331

1,327

1,327

1,327

1,327

1,327

1,350

1,325

1,312

1,205

1,464

632

413

216

575

55

20

20

-