Retail opportunity investments corp (ROIC)
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'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Revenues
Rental revenue

74,197

72,282

71,793

71,821

75,367

73,514

73,028

71,521

71,538

114,504

52,871

50,528

51,479

48,401

45,429

45,652

43,848

39,738

37,654

36,028

35,202

32,612

31,558

28,135

27,537

25,997

20,686

20,161

19,349

16,483

15,196

14,196

13,341

13,140

10,469

8,789

7,181

3,624

2,348

Recoveries from tenants

-

-

-

-

-

-

-

-

-

-

14,210

15,222

13,668

13,812

13,271

12,511

11,860

10,753

10,279

9,841

9,689

8,808

8,143

8,380

7,614

6,947

5,330

5,474

4,745

3,623

3,343

3,412

3,104

2,844

2,655

2,384

1,905

833

545

Other income

675

1,337

645

1,109

686

1,644

876

820

2,857

1,350

885

890

753

857

654

508

386

794

2,144

346

231

323

1,155

400

1,199

691

919

219

85

-

159

-

-

-

-

-

-

-

-

Mortgage interest income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

211

208

204

204

189

509

202

204

430

319

954

384

-

Total revenues

74,872

73,619

72,438

72,930

76,053

75,158

73,904

72,341

74,395

72,754

67,966

66,640

65,900

63,070

59,354

58,671

56,094

51,285

50,077

46,215

45,122

41,743

40,856

36,915

36,350

33,636

27,147

26,063

24,384

21,440

18,889

18,118

16,647

16,647

13,555

11,493

10,040

4,842

2,894

Operating expenses
Property operating

10,604

10,896

10,995

10,710

11,061

11,206

11,150

11,017

10,478

10,521

9,702

9,628

9,300

8,440

8,053

8,210

7,498

7,411

7,285

6,854

6,925

6,974

5,865

5,935

6,262

6,545

4,963

4,081

4,158

3,455

3,072

3,282

2,969

3,120

2,195

1,992

1,095

624

528

Property taxes

7,989

8,205

8,113

7,832

8,238

8,361

8,255

7,914

7,819

7,862

7,086

7,647

7,068

6,756

6,594

6,053

5,655

5,339

4,933

4,686

4,732

4,387

4,160

3,818

3,588

3,353

2,795

2,782

2,315

2,165

1,781

1,734

1,599

1,460

1,259

1,250

1,052

465

346

Depreciation and amortization

24,278

24,192

24,163

24,443

24,761

24,955

25,335

25,331

25,217

24,926

24,627

23,645

23,058

22,503

23,102

21,821

20,933

18,390

18,059

16,874

17,634

15,449

15,365

14,257

13,364

12,584

9,755

9,176

8,881

8,336

7,070

7,017

6,649

6,602

5,890

4,519

4,251

1,638

838

General and administrative expenses

3,944

4,157

4,448

4,950

4,276

3,627

3,770

3,990

3,531

3,312

3,475

3,817

3,499

3,065

3,220

3,516

3,319

3,263

3,092

3,654

2,641

2,876

2,987

2,776

2,561

2,080

2,483

2,727

2,767

4,017

3,699

2,596

2,419

2,136

2,427

2,437

2,388

2,132

2,061

Acquisition transaction costs

-

-

-

-

-

-

-

-

-

0

0

4

0

211

179

298

136

458

91

245

171

307

125

311

218

118

641

519

408

400

194

630

122

515

1,346

253

175

475

516

Other expense

-64

-41

-47

-1,224

-93

-89

-46

-274

-69

-103

-41

-225

-49

-95

10

-217

-154

628

-254

104

149

100

58

130

217

117

42

186

-31

-

-

-

-

-

-

-

-

-

-

Total operating expenses

46,879

47,491

47,766

49,159

48,429

48,238

48,556

48,526

47,114

46,724

44,931

44,966

42,974

41,070

41,138

40,115

37,695

34,981

33,714

32,417

32,252

30,093

28,560

27,227

26,210

24,800

20,682

19,473

18,500

18,700

15,818

15,261

13,761

14,246

13,119

10,453

8,963

5,336

4,291

Gain on consolidation of joint venture

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

20,381

-

-

-

2,144

-

-

-

-

-

-

-

-

Gain on bargain purchase

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,864

-

0

3,687

0

5,761

-

-

Equity in earnings from unconsolidated joint ventures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

2,118

40

231

216

497

459

524

320

159

734

243

234

18

Gain on sale of real estate

0

0

10,357

180

2,638

0

5,890

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

1,550

3,319

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating income

27,993

26,128

35,029

23,951

30,262

26,920

31,238

23,815

27,281

26,030

23,035

21,674

22,926

22,000

18,216

18,556

18,399

16,304

16,363

13,798

12,870

11,650

12,296

9,688

10,140

8,835

6,465

6,589

5,883

2,739

3,070

2,857

2,886

2,400

436

1,040

1,077

-493

-1,397

Non-operating expenses
Non-operating expenses
Interest expense and other finance expenses

14,857

15,002

15,401

15,605

15,679

15,352

15,591

15,713

15,457

13,917

12,908

12,477

11,675

11,348

10,001

9,918

9,474

8,836

8,526

8,387

8,494

6,898

6,865

6,956

6,874

4,880

3,703

3,445

3,825

3,234

3,094

2,757

2,293

2,492

1,739

1,077

915

76

-

Interest income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

1

10

4

0

0

13

234

288

Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

25,262

3,184

-

-

2,618

4,424

-

-

-

-

-

-

-

Loss from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-713

-

-

-

-

-

-

-

-

-

-

-

Net income

13,136

11,126

19,628

8,346

14,583

11,568

15,647

8,102

11,824

12,113

10,127

9,197

11,251

10,652

8,215

8,638

8,925

7,468

7,837

5,411

4,376

4,752

6,981

6,051

3,266

3,954

25,262

2,471

2,289

-

-

-

-

-

-

-

-

-

-

Net income attributable to non-controlling interests

1,134

975

1,770

761

1,333

1,067

1,453

763

1,122

1,264

978

888

1,081

1,031

813

934

898

547

295

210

176

165

233

217

134

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Income Attributable to Retail Opportunity Investments Corp.

12,002

10,151

17,858

7,585

13,250

10,501

14,194

7,339

10,702

10,849

9,149

8,309

10,170

9,621

7,402

7,704

8,027

6,921

7,542

5,201

4,200

4,587

6,748

5,834

3,132

3,789

25,262

2,471

2,289

-278

2,618

4,424

1,127

233

2,544

697

6,180

-102

-1,090

Earnings per share/unit - Basic and diluted (in dollars per share)

0.10

0.07

0.16

0.07

0.12

0.11

0.12

0.06

0.09

0.10

0.08

0.08

0.09

0.08

0.07

0.08

0.08

0.08

0.08

0.05

0.04

-

-

-

0.04

-

-

-

0.04

-

-

-

0.02

-

0.06

0.02

-

-

-0.03

Dividends per share/unit (in dollars per share)

0.20

0.19

0.19

0.19

0.19

0.19

0.19

0.19

0.19

0.18

0.18

0.18

0.18

0.18

0.18

0.18

0.18

0.17

0.17

0.17

0.17

0.16

0.16

0.16

0.16

0.15

0.15

0.15

0.15

0.14

0.14

0.13

0.12

0.12

0.10

0.09

0.08

0.06

0.06

Comprehensive income:
Net income per share  basic:
Income from continuing operations per share or unit, basic (in Dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.35

0.05

-

-

0.05

0.09

-

-

-

-

-

-

-

Loss from discontinued operations per share or unit, basic (in Dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.01

-

-

-

-

-

-

-

-

-

-

-

Net income per share or unit, basic (in Dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.07

0.08

-

-

0.35

0.04

-

-

0.05

0.09

-

-

-

-

0.15

-

-

Net income per share  diluted:
Income from continuing operations per share or unit, diluted (in Dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.34

0.04

-

-

0.05

0.09

-

-

-

-

-

-

-

Loss from discontinued operations per share or unit, diluted (in Dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.01

-

-

-

-

-

-

-

-

-

-

-

Loss from discontinued operations (in Dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.01

-

-

-

-

-

-

-

-

-

-

-

Net income per share or unit, diluted (in Dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.07

0.07

-

-

0.34

0.03

-

-

0.05

0.09

-

-

-

-

0.15

-

-

Basic and diluted per share: (in Dollars per share)

0.10

0.07

0.16

0.07

0.12

0.11

0.12

0.06

0.09

0.10

0.08

0.08

0.09

-

0.07

0.08

-

-

-

-

-

-

-

-

0.04

-

-

-

0.04

-

-

-

0.02

-

0.06

0.02

-

-

-0.03

Comprehensive income:
Net income

13,136

11,126

19,628

8,346

14,583

11,568

15,647

8,102

11,824

12,113

10,127

9,197

11,251

10,652

8,215

8,638

8,925

7,468

7,837

5,411

4,376

4,752

6,981

6,051

3,266

3,954

25,262

2,471

2,289

-

-

-

-

-

-

-

-

-

-

Other comprehensive loss:
Unrealized swap derivative loss arising during the period

-9,055

1,301

-1,226

-4,815

-2,608

-4,071

932

1,397

3,390

2,048

1,520

-64

161

943

416

-521

-297

-

-

-

0

-341

135

-1,543

-1,383

-77

-1,419

5,739

322

10

-2,823

-5,441

394

-

-

-

-

-

-

Reclassification adjustment for amortization of interest expense included in net income

-338

-216

96

263

202

348

187

-174

-418

-429

-439

-497

-555

-612

-628

-640

-593

-535

-535

-535

-534

-579

-869

-888

-883

-1,062

-1,187

-1,172

-1,197

-2,226

-1,184

-960

572

-

-

-

-

-

-

Other comprehensive loss

-8,717

1,517

-1,322

-5,078

-2,810

-4,419

745

1,571

3,808

2,477

1,959

433

716

1,555

1,044

119

296

535

535

535

534

238

1,004

-655

-500

985

-231

6,912

1,519

1,093

-1,638

-4,480

966

-

-

-

-

-

-

Comprehensive income

4,419

12,643

18,306

3,268

11,773

7,149

16,392

9,673

15,632

14,590

12,086

9,630

11,967

12,207

9,259

8,757

9,221

8,003

8,372

5,946

4,910

4,990

7,985

5,396

2,766

4,939

25,030

9,383

3,809

-

-

-

-

-

-

-

-

-

-

Comprehensive income attributable to non-controlling interests

1,134

975

1,770

761

1,333

1,067

1,453

763

1,122

1,264

978

888

1,081

1,031

813

934

898

547

295

210

176

165

233

217

134

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income attributable to Retail Opportunity Investments Partnership, LP.

12,002

10,151

17,858

7,585

13,250

10,501

14,194

7,339

10,702

10,849

9,149

8,309

10,170

-

7,402

7,704

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,618

4,424

1,127

-

2,544

697

6,180

-102

-1,090

Unrealized loss on swap derivative

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-10,269

-2,500

447

-

-

Total other comprehensive income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

966

-

-10,269

-2,500

447

-

-

Comprehensive income attributable to Retail Opportunity Investments Corp.

3,285

11,668

16,536

2,507

10,440

6,082

14,939

8,910

14,510

13,326

11,108

8,742

10,886

11,176

8,446

7,823

8,323

7,456

8,077

5,736

4,734

4,825

7,752

5,179

2,632

4,774

25,030

9,383

3,809

815

979

-56

2,093

-1,020

-7,724

-1,802

6,627

-

-

Dividends per common share (in Dollars per share)

-

-

-

-

-

-

-

-

-

-

0.18

0.18

0.18

-

0.18

0.18

-

-

-

-

-

-

-

-

-

-

0.15

0.15

0.15

-

0.14

0.13

0.12

0.12

0.10

0.09

0.08

0.06

0.06

Retail Opportunity Investments Partnership L.P.
Rental revenue

74,197

72,282

71,793

71,821

75,367

73,514

73,028

71,521

71,538

114,504

52,871

50,528

51,479

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other income

675

1,337

645

1,109

686

1,644

876

820

2,857

1,350

885

890

753

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total revenues

74,872

73,619

72,438

72,930

76,053

75,158

73,904

72,341

74,395

72,754

67,966

66,640

65,900

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Recoveries from tenants

-

-

-

-

-

-

-

-

-

-

14,210

15,222

13,668

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property operating

10,604

10,896

10,995

10,710

11,061

11,206

11,150

11,017

10,478

10,521

9,702

9,628

9,300

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property taxes

7,989

8,205

8,113

7,832

8,238

8,361

8,255

7,914

7,819

7,862

7,086

7,647

7,068

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

24,278

24,192

24,163

24,443

24,761

24,955

25,335

25,331

25,217

24,926

24,627

23,645

23,058

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

General and administrative expenses

3,944

4,157

4,448

4,950

4,276

3,627

3,770

3,990

3,531

3,312

3,475

3,817

3,499

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition transaction costs

-

-

-

-

-

-

-

-

-

0

0

4

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other expense

-64

-41

-47

-1,224

-93

-89

-46

-274

-69

-103

-41

-225

-49

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total operating expenses

46,879

47,491

47,766

49,159

48,429

48,238

48,556

48,526

47,114

46,724

44,931

44,966

42,974

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of real estate

0

0

10,357

180

2,638

0

5,890

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating income

27,993

26,128

35,029

23,951

30,262

26,920

31,238

23,815

27,281

26,030

23,035

21,674

22,926

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense and other finance expenses

14,857

15,002

15,401

15,605

15,679

15,352

15,591

15,713

15,457

13,917

12,908

12,477

11,675

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income

13,136

11,126

19,628

8,346

14,583

11,568

15,647

8,102

11,824

12,113

10,127

9,197

11,251

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Earnings per share/unit - Basic and diluted (in dollars per share)

0.10

0.07

0.16

0.07

0.12

0.11

0.12

0.06

0.09

0.10

0.08

0.08

0.09

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends per share/unit (in dollars per share)

0.20

0.19

0.19

0.19

0.19

0.19

0.19

0.19

0.19

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends per share/unit (in dollars per share)

-

-

-

-

-

-

-

-

-

-

0.18

0.18

0.18

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income

13,136

11,126

19,628

8,346

14,583

11,568

15,647

8,102

11,824

12,113

10,127

9,197

11,251

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized swap derivative loss arising during the period

-9,055

1,301

-1,226

-4,815

-2,608

-4,071

932

1,397

3,390

2,048

1,520

-64

161

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Reclassification adjustment for amortization of interest expense included in net income

-338

-216

96

263

202

348

187

-174

-418

-429

-439

-497

-555

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other comprehensive loss

-8,717

1,517

-1,322

-5,078

-2,810

-4,419

745

1,571

3,808

2,477

1,959

433

716

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Comprehensive income

4,419

12,643

18,306

3,268

11,773

7,149

16,392

9,673

15,632

14,590

12,086

9,630

11,967

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-