RPT Realty RPT Income Statement

Rpt realty (RPT)

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	Sep'10	Jun'10
REVENUE
Rental income
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
TOTAL REVENUE
227,256	234,088	239,710	245,006	257,612	260,622	261,166	262,880	259,975	265,082	265,274	263,422	262,243	260,930	265,052	265,033	258,885	251,790	246,369	237,452	227,647	218,363	203,223	193,491	186,263	170,068	153,887	140,570	128,537	125,225	119,296	117,851	115,688	114,386	115,840	114,093	0	0	0
EXPENSES
Real estate taxes
34,290	35,961	38,177	40,091	41,971	42,306	41,808	41,719	41,847	42,683	42,701	42,022	42,424	41,739	42,655	42,056	40,050	38,737	37,334	34,881	33,102	31,474	28,407	27,541	25,963	23,161	20,681	18,336	17,058	16,699	16,464	16,153	16,023	15,982	16,015	16,754	0	0	0
Recoverable operating expense
24,554	25,256	25,133	25,254	26,052	26,177	26,202	26,561	26,851	27,653	29,053	28,868	29,109	29,581	30,473	31,232	31,406	30,604	30,339	29,545	28,438	27,319	24,869	23,254	22,224	20,194	17,962	17,022	15,755	15,447	14,778	14,408	14,005	13,992	13,534	13,119	0	0	0
Non-recoverable operating expense
10,079	10,292	9,614	9,014	8,064	7,286	9,949	9,125	8,608	8,044	4,443	4,007	3,329	3,575	4,024	4,522	4,952	4,271	3,815	3,656	3,497	3,633	3,497	3,223	3,118	3,006	2,997	3,000	2,859	2,802	3,117	3,392	3,462	3,454	3,020	3,014	0	0	0
Depreciation and amortization
80,276	78,647	81,473	82,605	85,434	87,327	87,772	89,752	89,630	91,335	91,269	91,384	90,763	91,793	94,848	94,517	92,923	89,439	85,002	81,266	83,804	81,182	76,460	72,376	63,269	56,305	50,369	45,756	40,893	38,673	36,980	34,932	34,029	33,842	32,907	31,793	0	0	0
Transaction costs
174	0	0	233	0	-	0	0	-	-	0	0	-	316	188	400	661	644	742	1,664	1,850	1,890	1,825	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-
General and administrative expense
27,790	27,634	24,696	26,073	32,273	31,383	29,535	27,647	21,289	22,564	23,527	23,576	22,887	22,041	22,784	21,017	20,808	20,077	19,943	21,318	21,012	21,670	20,652	20,517	20,983	20,951	20,780	20,510	19,754	19,132	19,126	19,481	19,467	19,646	19,778	19,257	0	0	0
Provision for impairment
-	-	0	0	-	-	0	0	-	9,404	8,402	7,494	6,694	977	977	0	0	2,521	30,386	30,386	30,386	27,865	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Insured expenses, net
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
TOTAL EXPENSES
179,499	180,066	192,527	196,471	207,677	208,362	196,697	198,120	191,912	201,683	199,613	197,624	195,463	190,022	195,949	193,744	190,800	186,293	207,561	202,716	202,089	195,033	166,495	158,435	146,630	134,608	114,979	106,711	98,406	94,840	90,465	88,366	86,986	86,916	85,254	83,937	0	0	0
OPERATING INCOME
47,757	54,022	47,183	48,535	49,935	52,260	64,469	64,760	68,063	63,399	65,661	65,798	66,780	70,908	69,103	71,289	68,085	65,497	38,808	34,736	25,558	23,330	36,728	35,056	39,633	35,460	38,908	33,859	30,131	30,385	28,831	29,485	28,702	27,470	30,586	30,156	0	0	0
OTHER INCOME AND EXPENSES
Other income (expense), net
258	-203	-416	-660	-605	-244	-151	212	-144	-708	-482	-763	-141	-177	-569	-582	-753	-624	-436	-508	-774	-689	-864	-1,021	-962	-965	-954	-500	-90	-66	134	272	-159	-257	-607	-1,102	0	0	0
Gain on sale of real estate
76,154	81,856	9,886	9,886	9,696	3,994	17,025	41,570	41,389	52,764	36,018	20,832	40,631	35,781	45,248	40,425	20,899	17,570	15,932	11,654	14,053	10,857	3,308	3,037	697	4,279	3,901	3,914	3,582	69	70	115	145	231	1,863	2,317	0	0	0
Earnings from unconsolidated joint ventures
783	581	472	396	572	589	621	405	258	273	339	377	431	454	1,061	14,919	15,145	17,696	17,383	3,861	4,342	75	-68	-136	-692	-4,759	-3,863	-3,242	-2,922	3,248	-1,583	1,111	1,203	1,669	3,974	199	0	0	0
Interest expense
39,109	40,057	41,435	42,563	43,187	43,439	43,349	43,890	44,668	44,866	44,567	44,121	44,011	44,514	45,911	44,862	43,544	42,211	39,984	38,538	36,112	33,742	31,667	30,937	30,601	29,075	27,670	26,185	25,342	25,895	26,052	25,942	26,080	27,413	28,527	30,132	0	0	0
Amortization of deferred financing fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,384	1,337	1,377	1,446	1,493	1,533	1,509	1,447	1,411	1,383	1,413	1,449	1,450	1,483	1,580	1,827	2,080	2,332	0	0	0
Other gain on unconsolidated joint ventures
-	-	0	-	-	-	0	-	-	-	0	-	-	-	0	0	-	-	0	0	-	117	117	117	117	5,282	6,127	6,127	0	-	0	0	-	-	-	-	-	-	-
Provision for impairment on equity investments in unconsolidated joint ventures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-
Loss on extinguishment of debt
-	-	0	0	-	-	0	0	-	-	-	-	-	-	0	-	-	-	0	0	-	-	0	0	-	-	0	0	-	-	0	0	-	-	-	0	-	-	-
INCOME BEFORE TAX
83,509	93,865	15,171	20,046	21,485	18,234	43,823	63,057	64,898	70,862	56,560	40,867	62,649	61,411	69,353	89,987	69,472	67,234	39,625	11,255	4,830	-2,358	4,861	3,383	6,343	8,435	14,487	12,590	10,073	7,137	-26,027	-22,970	-26,265	-28,623	-25,546	-31,649	0	0	0
Income tax provision
195	200	135	220	218	200	129	98	90	100	183	251	265	299	267	163	379	339	342	315	59	54	81	50	38	64	-16	-6	-16	-34	-206	-93	761	795	1,024	721	0	0	0
INCOME (LOSS) FROM CONTINUING OPERATIONS
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,371	14,503	12,596	10,089	7,171	-25,821	-22,877	-27,026	-29,418	-26,570	-32,370	0	0	0
DISCONTINUED OPERATIONS
Gain on sale of real estate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	336	303	8,723	0	-	0	0	-	-	0
Provision for impairment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,915	0	0	0	-	-	-	-	-	-
Income from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	971	2,112	2,282	2,329	2,193	2,215	1,785	1,258	1,177	-181	32	0	0	0
INCOME FROM DISCONTINUED OPERATIONS
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,091	3,927	3,440	2,329	-79	-8,324	-8,787	-1,273	918	8,206	6,402	0	0	0
NET INCOME
83,335	93,686	15,038	19,828	21,269	18,036	43,651	62,916	64,765	70,719	56,377	40,616	62,384	61,112	69,086	89,824	69,093	66,895	39,283	10,940	4,771	-2,412	4,835	4,287	8,949	11,462	18,430	16,036	12,418	7,092	-34,145	-31,664	-28,299	-28,500	-18,364	-25,968	0	0	0
Net income attributable to noncontrolling partner interest
1,933	2,175	351	461	493	417	1,014	1,471	1,517	1,659	1,325	955	1,467	1,448	1,652	2,266	1,806	1,786	1,065	305	140	-48	134	155	329	465	713	670	647	-112	-2,672	-2,441	-2,255	-1,742	-1,962	-3,111	0	0	0
NET INCOME ATTRIBUTABLE TO RPT
81,402	91,511	14,687	19,367	20,776	17,619	42,637	61,445	63,248	69,060	55,052	39,661	60,917	59,664	67,434	87,558	67,287	65,109	38,218	10,635	4,631	-2,364	4,701	4,132	8,620	10,997	17,717	15,366	11,771	7,204	-31,473	-29,223	-26,044	-26,758	-16,402	-22,857	0	0	0
Preferred share dividends
6,701	6,701	6,701	6,701	6,701	6,701	6,702	6,701	6,701	6,701	6,701	6,701	6,701	6,701	6,701	6,701	6,701	6,838	6,974	7,112	7,250	7,250	7,250	7,250	7,250	7,250	7,250	7,250	7,250	7,250	7,251	7,057	0	-	0	0	-	-	-
Preferred share conversion costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET (LOSS) INCOME AVAILABLE TO COMMON SHAREHOLDERS
74,701	84,810	7,986	12,666	14,075	10,918	35,935	54,744	56,547	62,359	48,351	32,960	54,216	52,963	60,733	80,857	60,086	57,771	30,744	3,023	-2,619	-9,614	-2,549	-3,118	1,370	3,747	10,467	8,116	4,521	-46	-38,723	-36,473	-33,100	-32,002	-19,834	-24,476	0	0	0
(LOSS) EARNINGS PER COMMON SHARE
Continuing operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.12	0.05	0.03	0.05	-0.03	0.02	0.00	0.01	-0.83	0.09	-0.10	-0.01	-0.70	0.02
Discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.01	0.03	0.01	0.03	0.01	0.00	-0.04	-	-	0.19	-	-	-0.05
Basic (in usd per share)
-0.02	0.89	0.05	0.01	0.11	-0.07	0.10	0.03	0.07	0.25	0.34	0.05	0.14	0.06	0.15	0.32	0.13	0.18	0.39	0.06	0.10	-0.20	0.06	-0.01	0.01	-0.12	0.06	0.06	0.06	0.00	0.03	0.00	-0.03	-1.01	0.09	0.09	-0.01	-0.70	-0.03
Continuing operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.12	0.05	0.03	0.05	-0.03	0.02	0.00	0.01	-0.83	0.09	-0.10	-0.01	-0.70	0.02
Discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.01	0.03	0.01	0.03	0.01	0.00	-0.04	-	-	0.19	-	-	-0.05
Diluted (in usd per share)
-0.02	0.87	0.05	0.01	0.11	-0.07	0.10	0.03	0.07	0.26	0.33	0.05	0.14	0.06	0.15	0.32	0.13	0.19	0.38	0.06	0.10	-0.20	0.06	-0.01	0.01	-0.12	0.06	0.06	0.06	0.00	0.03	0.00	-0.03	-1.01	0.09	0.09	-0.01	-0.70	-0.03
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING
Basic (in shares)
79,909	79,852	79,848	79,764	79,744	79,714	79,712	79,519	79,423	79,352	79,381	79,344	79,299	79,268	79,249	79,233	79,194	79,181	79,162	79,124	77,925	77,709	74,840	68,853	67,070	64,551	61,102	59,911	51,780	47,947	46,911	42,662	38,884	38,818	38,596	38,523	37,927	38,020	34,371
Diluted (in shares)
79,909	110,261	80,540	80,156	79,931	80,711	80,450	79,621	79,570	72,851	86,259	79,529	79,481	72,904	79,437	86,027	79,372	72,812	85,881	79,319	78,128	76,981	75,080	69,097	67,314	64,809	61,572	60,319	52,212	47,395	47,197	42,662	39,150	38,675	38,739	38,523	37,927	38,020	34,371
Cash Dividend Declared per Common Share (in usd per share)
0.22	-	0.22	0.22	0.22	-	0.22	0.22	0.22	-	0.22	0.22	0.22	-	0.21	0.21	0.21	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
OTHER COMPREHENSIVE INCOME
Net income
83,335	93,686	15,038	19,828	21,269	18,036	43,651	62,916	64,765	70,719	56,377	40,616	62,384	61,112	69,086	89,824	69,093	66,895	0	0	0	-	4,835	4,287	8,949	11,462	18,430	16,036	12,418	7,092	-34,145	-31,664	-28,299	-28,500	-18,364	-25,968	0	0	0
Other comprehensive gain (loss):
(Loss) gain on interest rate swaps
-18,025	-2,253	-7,727	-6,247	-2,791	1,190	5,633	5,355	3,801	2,082	7,982	9,531	7,942	2,442	-2,707	-6,113	-2,742	570	-3,251	-354	-2,881	-2,115	624	-1,232	4,263	5,520	4,474	4,134	-2,435	-2,745	-5,186	0	0	-	0	-	-	0	0
Comprehensive (loss) income
65,310	91,433	7,311	13,581	18,478	19,226	49,284	68,271	68,566	72,801	64,359	50,147	70,326	63,554	66,379	83,711	66,351	67,465	36,032	10,586	1,890	-4,527	5,459	3,055	13,212	16,982	22,904	20,170	9,983	4,347	-38,113	-36,695	-30,879	-31,328	-19,810	-24,545	0	0	0
Comprehensive loss (income) attributable to noncontrolling interest
1,516	2,123	171	315	427	445	1,139	1,590	1,607	1,708	1,521	1,187	1,654	1,501	1,585	2,113	1,738	1,794	1,098	421	146	-113	662	422	613	660	168	144	-143	-153	345	762	0	-	0	0	-	0	0
COMPREHENSIVE (LOSS) INCOME ATTRIBUTABLE TO RPT
63,794	89,310	7,140	13,266	18,051	18,781	48,145	66,681	66,959	71,093	62,838	48,960	68,672	62,053	64,794	81,598	64,613	65,671	34,934	10,165	1,744	-4,414	4,797	2,633	12,599	16,322	22,736	20,026	10,126	4,500	-36,874	-36,019	-30,714	-31,149	-18,039	-21,557	0	0	0
Minimum rent
Total revenue
-	-	-	-	-	-	-	-	-	260,324	198,222	196,077	193,834	192,793	192,737	192,470	188,243	183,198	178,637	172,048	164,775	157,691	148,948	141,256	136,148	124,169	111,714	101,437	91,179	87,921	82,754	80,404	78,802	77,145	79,245	78,365	0	0	0
Percentage rent
Total revenue
-	-	-	-	-	-	-	-	-	-	658	623	536	600	654	608	488	539	453	482	469	264	216	247	262	209	414	499	492	592	408	343	375	244	351	366	0	0	0
Rental income
TOTAL REVENUE
-	-	40,122	45,445	-	-	208,425	160,216	106,185	-	61,429	61,795	62,986	62,841	66,106	66,055	63,985	61,561	59,521	57,008	54,903	52,828	48,689	46,122	44,037	40,018	35,954	33,440	31,238	30,721	30,169	29,726	29,140	28,815	28,201	28,171	0	0	0
Other property income
TOTAL REVENUE
3,774	4,270	3,983	3,956	4,322	3,837	3,851	3,932	4,011	4,303	4,550	4,527	4,315	4,167	4,796	4,902	4,838	4,739	5,805	5,691	5,419	5,521	3,349	3,862	3,775	3,337	2,834	1,767	1,727	1,927	1,998	3,126	3,271	4,057	4,048	3,462	0	0	0
Management and other fee income
TOTAL REVENUE
530	230	210	210	219	254	363	363	388	455	415	400	572	529	759	998	1,331	1,753	1,953	2,223	2,081	2,059	2,021	2,004	2,041	2,335	2,971	3,427	3,901	4,064	3,967	4,252	4,100	4,125	3,995	3,729	0	0	0