SELECT INCOME REIT SIR Balance Sheet

Select income reit (SIR)

Balance Sheet / Yearly

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	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
ASSETS
Real estate properties:
Land
1,057	1,056	1,041	1,041	1,041	1,035	1,038	1,038	1,037	1,036	1,036	1,036	1,025	756	754	754	732	732	705	691	691	675	639	624	614	614
Buildings and improvements
3,238	3,217	3,180	3,178	3,176	3,132	3,105	3,103	3,099	3,087	3,084	3,083	3,013	1,110	1,099	1,098	914	913	866	754	753	620	513	383	292	292
Real estate properties, gross
4,295	4,274	4,222	4,219	4,218	4,168	4,144	4,142	4,136	4,123	4,120	4,119	4,039	1,866	1,854	1,853	1,646	1,646	1,571	1,446	1,445	1,295	1,153	1,008	907	907
Accumulated depreciation
369	354	334	314	295	275	262	242	222	203	184	164	144	94	87	80	73	67	61	56	51	46	43	40	38	36
Real estate properties, net
3,926	3,919	3,888	3,905	3,922	3,892	3,881	3,899	3,913	3,920	3,936	3,954	3,894	1,772	1,767	1,773	1,573	1,579	1,510	1,390	1,394	1,249	1,110	968	869	871
Properties held for sale
15	5	5	5	5	23	-	0	-	-	-	-	67	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquired real estate leases, net
433	445	461	477	493	496	486	506	519	535	550	566	558	120	121	125	125	129	114	98	101	95	57	45	43	44
Cash and cash equivalents
25	31	30	658	18	21	18	22	16	10	31	17	25	13	14	20	204	20	14	12	16	20	10	9	18	-
Restricted cash
0	1	1	0	0	0	0	0	1	0	0	1	1	0	0	0	0	0	0	0	0	0	0	-	-	-
Rents receivable, including straight line rents of $121,770 and $122,010, respectively, net of allowance for doubtful accounts of $2,227 and $1,396, respectively
131	122	131	127	122	114	111	124	117	110	106	99	91	68	65	59	58	55	52	45	44	38	36	34	31	35
Deferred leasing costs, net
14	14	14	14	11	11	11	10	9	9	10	7	7	6	6	6	5	5	5	5	4	4	4	3	3	3
Deferred financing costs, net
-	-	-	-	-	-	-	-	-	-	-	-	17	3	3	3	4	4	5	5	6	5	5	3	4	-
Due from related persons
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	1	-
Other assets, net
173	142	135	113	103	113	104	77	78	63	57	37	99	8	11	7	12	7	12	21	9	16	13	17	3	0
Total assets
4,721	4,683	4,669	5,303	4,677	4,673	4,614	4,639	4,657	4,649	4,692	4,684	4,761	1,993	1,989	1,996	1,984	1,801	1,715	1,580	1,578	1,430	1,239	1,083	975	954
LIABILITIES AND SHAREHOLDERS' EQUITY
Unsecured revolving credit facility
108	105	107	0	102	67	342	327	297	280	328	303	305	77	65	74	345	159	80	235	238	95	92	321	227	-
ILPT revolving credit facility
380	335	302	750	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unsecured term loan, net
0	0	0	348	348	348	348	348	348	348	348	347	350	350	350	350	350	350	350	350	350	350	350	-	-	-
Senior unsecured notes, net
1,430	1,429	1,428	1,777	1,776	1,774	1,431	1,430	1,429	1,428	1,427	1,426	1,435	-	-	-	-	-	-	-	-	-	-	-	-	-
Mortgage notes payable, net
210	210	210	210	227	245	245	245	286	286	286	286	286	18	18	19	19	27	27	27	27	27	27	-	-	-
Accounts payable and other liabilities
92	95	86	101	92	95	80	101	89	98	86	105	92	18	25	19	20	20	20	19	18	19	19	15	15	14
Liabilities related to properties held for sale
-	-	-	-	-	-	-	-	-	-	-	-	1	-	-	-	-	-	-	-	-	-	-	-	-	-
Assumed real estate lease obligations, net
62	64	66	68	70	73	75	77	79	82	84	86	85	26	26	27	26	26	19	19	20	20	19	20	20	21
Rents collected in advance
21	19	21	15	20	16	18	18	18	14	15	16	17	9	9	9	10	8	9	5	6	6	7	5	6	6
Security deposits
9	8	8	8	8	8	8	11	11	11	11	11	11	10	10	10	7	8	9	9	9	9	8	8	8	8
Due to related persons
26	19	10	30	8	13	12	4	4	4	4	3	2	1	1	2	3	2	1	1	1	1	1	0	-	-
Total liabilities
2,341	2,288	2,240	3,311	2,655	2,642	2,562	2,565	2,565	2,553	2,591	2,587	2,588	512	507	510	782	603	517	668	672	530	526	370	277	49
Commitments and contingencies
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
Shareholders' equity:
Noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	-	3	-	-	-	-	-	-	-	-	-	-	-	-	-
Shareholders' equity attributable to SIR:
Common shares of beneficial interest, $.01 par value: 125,000,000 shares authorized; 89,550,528 and 89,487,371 shares issued and outstanding, 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	-
Additional paid in capital
2,312	2,312	2,311	2,180	2,180	2,180	2,179	2,179	2,179	2,178	2,178	2,178	2,179	1,441	1,440	1,439	1,162	1,160	1,160	877	876	876	694	693	693	-
Cumulative net income
634	605	592	508	506	474	448	441	417	388	357	324	314	250	223	199	169	144	120	96	73	51	34	18	3	-
Cumulative other comprehensive income
0	0	1	52	39	35	36	20	17	5	-3	-19	-0	-0	-0	0	-0	-0	-0	-0	0	0	0	-0	-	-
Cumulative common distributions
887	842	796	750	705	659	613	568	522	477	432	387	324	211	182	153	129	107	84	62	44	28	15	-	-	-
Ownership interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	904
Total shareholders' equity attributable to SIR
2,061	2,077	2,110	1,991	2,022	2,031	2,051	2,073	2,091	2,096	2,101	2,096	2,169	1,480	1,482	1,486	1,201	1,198	1,197	911	906	900	713	712	697	904
Noncontrolling interest in consolidated subsidiary
318	318	317	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total shareholders' equity
2,379	2,395	2,428	1,991	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total liabilities and shareholders' equity
4,721	4,683	4,669	5,303	4,677	4,673	4,614	4,639	4,657	4,649	4,692	4,684	4,761	1,993	1,989	1,996	1,984	1,801	1,715	1,580	1,578	1,430	1,239	1,083	975	954