RETAIL OPPORTUNITY INVESTMENTS CORP ROIC Balance Sheet

Retail opportunity investments corp (ROIC)

Balance Sheet / 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	Dec'10
ASSETS
Real Estate Investments:
Land
881	879	884	887	890	894	894	898	896	878	818	811	787	766	741	730	686	669	611	582	578	550	521	523	472	458	374	328	296	283	214	193	176	167	167	125	85
Building and improvements
2,255	2,252	2,240	2,257	2,262	2,266	2,256	2,265	2,238	2,230	2,108	2,068	1,996	1,920	1,859	1,835	1,685	1,627	1,426	1,338	1,316	1,235	1,163	1,161	967	914	886	721	617	588	512	488	449	413	393	287	187
Total real estate investments
3,137	3,131	3,125	3,144	3,152	3,160	3,150	3,164	3,135	3,109	2,927	2,879	2,784	2,687	2,600	2,565	2,371	2,296	2,038	1,921	1,895	1,785	1,684	1,684	1,439	1,372	1,260	1,049	913	871	726	682	626	580	560	412	272
Less: accumulated depreciation
404	390	370	359	342	329	309	295	275	260	241	225	207	193	176	162	147	134	121	110	98	88	77	69	61	57	49	43	37	32	26	22	18	14	10	7	3
Real estate investments, net before mortgage notes receivable
2,732	2,740	2,754	2,785	-	2,831	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,211	1,006	875	839	699	659	607	566	549	404	269
Mortgage note receivable
13	13	13	13	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10	10	10	10	10	10	10	10	10	57
Investment in and advances to unconsolidated joint venture
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15	15	15	15	26	26	26	25	25	16
Real Estate Investments, net
2,745	2,753	2,768	2,799	2,809	2,831	2,841	2,868	2,859	2,849	2,685	2,654	2,576	2,493	2,424	2,403	2,224	2,162	1,917	1,810	1,796	1,697	1,606	1,614	1,378	1,314	1,211	1,032	901	864	724	696	644	602	585	440	344
Cash and cash equivalents
63	3	6	7	9	6	3	10	13	11	10	11	19	13	10	17	14	8	6	7	11	10	10	9	12	7	9	6	6	4	23	10	10	34	8	15	84
Restricted cash
1	1	2	1	1	1	1	1	1	5	0	0	0	0	0	0	0	0	0	0	0	0	13	1	1	1	1	2	1	1	1	1	1	1	1	0	2
Tenant and other receivables, net
47	45	45	44	47	46	45	42	43	43	39	36	35	35	31	30	30	28	26	23	24	23	25	25	22	20	16	15	13	12	10	9	7	6	5	3	2
Deposits
-	-	-	-	-	-	0	0	0	0	5	5	2	0	4	2	0	0	1	3	0	4	5	0	0	0	1	2	2	2	2	1	0	0	1	2	1
Acquired lease intangible assets, net
57	59	62	66	69	72	75	78	81	82	79	78	75	79	79	77	75	66	68	69	71	71	69	74	52	55	44	42	40	41	35	34	32	32	32	25	17
Prepaid expenses
3	3	1	1	2	4	1	1	2	2	0	1	2	3	0	0	2	1	0	0	1	2	0	0	1	1	0	0	3	1	0	0	0	0	0	0	0
Deferred charges, net
26	27	28	30	32	33	34	36	37	37	35	35	33	34	34	33	32	30	40	38	40	39	36	38	31	33	24	23	21	21	19	15	14	15	15	11	9
Other assets
17	18	18	18	21	7	11	10	9	6	4	2	2	2	1	1	1	1	1	1	1	1	2	2	2	3	2	2	0	1	0	0	0	0	0	0	0
Total assets
2,963	2,913	2,933	2,968	2,994	3,003	3,014	3,049	3,049	3,039	2,860	2,825	2,748	2,662	2,586	2,566	2,381	2,301	2,062	1,956	1,948	1,851	1,770	1,766	1,503	1,439	1,312	1,126	992	950	820	770	714	694	650	500	464
LIABILITIES AND EQUITY
LIABILITIES AND EQUITY/CAPITAL
Liabilities:
Term loan
298	298	299	299	299	299	299	298	298	298	298	299	299	299	299	298	298	298	300	-	-	-	200	200	200	200	200	200	200	200	200	110	-	110	-	-	-
Credit facility
150	80	90	149	139	153	134	189	156	140	313	279	184	95	5	330	166	132	16	286	238	156	123	121	122	56	174	105	18	119	-	64	125	-	140	25	-
Senior Notes
943	942	942	942	941	941	941	940	940	940	-	-	-	-	-	-	-	-	-	-	-	-	246	246	245	-	-	-	-	-	-	-	-	-	-	-	-
Mortgage notes payable
87	87	87	88	88	88	88	97	98	107	62	62	70	71	71	71	79	62	62	76	93	94	107	116	117	118	126	81	81	72	-60	-60	-67	59	-60	-41	-42
Acquired lease intangible liabilities, net
139	144	149	154	158	166	170	173	177	178	159	157	148	154	153	142	136	124	123	122	126	118	112	115	81	85	58	57	56	57	52	51	46	46	45	33	20
Accounts payable and accrued expenses
28	17	27	15	27	15	31	14	30	18	30	19	26	18	25	15	24	13	22	10	20	12	18	9	14	11	13	5	3	6	8	4	5	7	7	3	4
Tenants’ security deposits
7	7	7	7	7	7	7	6	6	6	6	6	6	5	5	5	5	5	4	4	4	3	3	3	3	3	3	3	2	2	1	1	1	1	1	1	0
Other liabilities
49	42	43	39	37	23	16	18	18	18	12	14	13	11	12	14	13	11	9	12	13	11	14	18	13	11	16	16	24	26	25	23	18	18	17	5	4
Total liabilities
1,704	1,621	1,648	1,694	1,700	1,694	1,688	1,740	1,727	1,709	1,574	1,530	1,440	1,347	1,262	1,369	1,213	1,136	1,032	1,005	988	888	825	831	799	733	593	468	387	484	348	316	264	243	272	111	73
Commitments and contingencies
-	-	-	-	-	-	-	-	-	-	0	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Non-controlling interests redeemable OP Units
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	33	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity/Capital:
Preferred stock, $0.0001 par value 50,000,000 shares authorized; none issued and outstanding
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	-	-	-
Common stock, $0.0001 par value, 500,000,000 shares authorized; 116,120,704 and 116,496,016 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Additional paid-in capital
1,472	1,481	1,461	1,443	1,440	1,441	1,439	1,415	1,413	1,412	1,363	1,361	1,360	1,357	1,355	1,218	1,179	1,166	1,112	1,025	1,022	1,013	993	977	740	732	738	722	668	523	522	498	487	484	406	404	403
Dividends in excess of earnings
-309	-297	-285	-280	-265	-256	-244	-236	-221	-210	-200	-188	-176	-165	-155	-143	-132	-122	-112	-103	-92	-80	-70	-62	-56	-47	-40	-54	-46	-38	-31	-26	-24	-19	-14	-13	-12
Accumulated other comprehensive loss
-12	-4	-5	-4	0	3	7	7	5	1	-0	-2	-3	-3	-5	-6	-6	-6	-7	-7	-8	-8	-9	-10	-9	-8	-9	-9	-16	-18	-19	-17	-13	-14	-12	-2	-0
Total Retail Opportunity Investments Corp. stockholders’ equity
1,150	1,179	1,170	1,158	1,175	1,188	1,202	1,185	1,197	1,203	1,162	1,170	1,181	1,188	1,194	1,068	1,039	1,036	992	914	921	923	913	904	674	676	687	658	605	466	472	454	449	450	378	389	390
Non-controlling interests
108	112	114	116	117	120	122	123	124	125	124	125	126	127	129	128	128	94	37	36	38	39	31	31	28	29	31	0	0	0	0	0	0	0	0	0	0
Total equity/capital
1,259	1,291	1,285	1,274	1,293	1,308	1,325	1,309	1,322	1,329	1,286	1,295	1,307	1,315	1,324	1,197	1,167	1,131	1,030	950	960	962	944	935	703	705	719	658	605	466	472	454	449	450	378	389	390
Total liabilities and equity/capital
2,963	2,913	2,933	2,968	2,994	3,003	3,014	3,049	3,049	3,039	2,860	2,825	2,748	2,662	2,586	2,566	2,381	2,301	2,062	1,956	1,948	1,851	1,770	1,766	1,503	1,439	1,312	1,126	992	950	820	770	714	694	650	500	464
Total liabilities and capital
2,963	2,913	2,933	2,968	2,994	3,003	3,014	3,049	3,049	3,039	2,860	2,825	2,748	2,662	-	-	-	-	-	-	-	-	-	-	-	-	-	1,126	992	-	820	770	714	694	650	500	464
Retail Opportunity Investments Partnership L.P.
Land
881	879	884	887	890	894	894	898	896	878	818	811	787	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Building and improvements
2,255	2,252	2,240	2,257	2,262	2,266	2,256	2,265	2,238	2,230	2,108	2,068	1,996	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total real estate investments
3,137	3,131	3,125	3,144	3,152	3,160	3,150	3,164	3,135	3,109	2,927	2,879	2,784	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less: accumulated depreciation
404	390	370	359	342	329	309	295	275	260	241	225	207	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Real estate investments, net before mortgage notes receivable
2,732	2,740	2,754	2,785	-	2,831	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mortgage note receivable
13	13	13	13	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Real Estate Investments, net
2,745	2,753	2,768	2,799	2,809	2,831	2,841	2,868	2,859	2,849	2,685	2,654	2,576	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash and cash equivalents
63	3	6	7	9	6	3	10	13	11	10	11	19	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restricted cash
1	1	2	1	1	1	1	1	1	5	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tenant and other receivables, net
47	45	45	44	47	46	45	42	43	43	39	36	35	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deposits
-	-	-	-	-	-	0	0	0	0	5	5	2	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquired lease intangible assets, net
57	59	62	66	69	72	75	78	81	82	79	78	75	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Prepaid expenses
3	3	1	1	2	4	1	1	2	2	0	1	2	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred charges, net
26	27	28	30	32	33	34	36	37	37	35	35	33	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
17	18	18	18	21	7	11	10	9	6	4	2	2	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total assets
2,963	2,913	2,933	2,968	2,994	3,003	3,014	3,049	3,049	3,039	2,860	2,825	2,748	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Term loan
298	298	299	299	299	299	299	298	298	298	298	299	299	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Credit facility
150	80	90	149	139	153	134	189	156	140	313	279	184	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Senior Notes
943	942	942	942	941	941	941	940	940	940	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mortgage notes payable
87	87	-	-	-	88	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mortgage notes payable
-	-	87	88	88	-	88	97	98	107	62	62	70	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquired lease intangible liabilities, net
139	144	149	154	158	166	170	173	177	178	159	157	148	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable and accrued expenses
28	17	27	15	27	15	31	14	30	18	30	19	26	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tenants’ security deposits
7	7	7	7	7	7	7	6	6	6	6	6	6	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other liabilities
49	42	43	39	37	23	16	18	18	18	12	14	13	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total liabilities
1,704	1,621	1,648	1,694	1,700	1,694	1,688	1,740	1,727	1,709	1,574	1,530	1,440	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
ROIC capital
1,163	1,183	1,176	1,162	1,175	1,184	1,194	1,178	1,192	1,202	1,162	1,173	1,184	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Limited partners’ capital
108	112	114	116	117	120	122	123	124	125	124	125	126	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accumulated other comprehensive loss
-12	-4	-5	-4	0	3	7	7	5	1	-0	-2	-3	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total equity/capital
1,259	1,291	1,285	1,274	1,293	1,308	1,325	1,309	1,322	1,329	1,286	1,295	1,307	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total liabilities and equity/capital
2,963	2,913	2,933	2,968	2,994	3,003	3,014	3,049	3,049	3,039	2,860	2,825	2,748	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Senior Notes Due 2026
Senior Notes
-	-	-	-	-	-	-	-	-	-	199	199	199	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Senior Notes Due 2024
Senior Notes
-	-	-	-	-	-	-	-	-	-	245	245	245	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Senior Notes Due 2023
Senior Notes
-	-	-	-	-	-	-	-	-	-	245	245	245	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-