Smta liquidating trust (SMTA)
Balance Sheet / TTM
Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17
Assets
Land and improvements

760

774

870

971

955

-

973

Buildings and improvements

-

1,432

-

-

-

-

1,658

Total real estate investments

-

2,206

-

-

-

-

2,631

Buildings and improvements

1,375

-

1,526

1,707

1,665

-

-

Total real estate investments

2,136

-

2,397

2,679

2,620

-

-

Less: accumulated depreciation

446

463

459

588

574

-

557

Net Real Estate Held For Investment

-

1,743

-

-

-

-

2,073

Total real estate investments, net

1,689

-

1,937

2,091

2,046

2,800

-

Loans receivable, net

-

-

30

-

-

-

-

Intangible lease assets, net

-

-

79

-

-

-

-

Real estate assets held for sale, net

-

-

7

-

-

-

-

Loans receivable, net

26

27

-

66

67

-

32

Intangible lease assets, net

71

75

-

104

93

-

102

Real estate assets held for sale, net

28

-

-

-

-

-

-

Net investments

1,815

-

2,054

-

-

-

-

Real estate assets held for sale, net

-

15

-

22

36

-

28

Net investments

-

1,861

-

2,285

2,243

-

2,236

Cash

-

-

-

-

-

0

-

Cash and cash equivalents

113

108

161

16

37

-

0

Deferred costs and other assets, net

76

66

83

69

105

-

107

Goodwill

7

7

7

13

13

-

13

Total assets

2,012

2,044

2,305

2,384

2,400

0

2,357

Liabilities and shareholders' deficit
Liabilities
Mortgages and notes payable, net

1,974

1,980

2,138

1,993

1,999

-

1,926

Intangible lease liabilities, net

15

16

17

22

22

-

23

Accounts payable, accrued expenses and other liabilities

46

37

83

32

20

-

16

Total liabilities

2,037

2,034

2,240

2,048

2,043

-

1,966

Commitments and contingencies (see Note 9)

-

-

-

0

0

-

-

Redeemable preferred equity:
Redeemable preferred equity

155

155

155

155

155

-

0

Shareholders' deficit:
Net parent investment

-

-

-

-

-

-

390

Common shares, $0.01 par value, 750,000,000 shares authorized; 43,000,862 shares issued and outstanding at December 31, 2018

0

0

0

0

0

0

0

Capital in excess of common share par value

202

-

201

-

-

-

-

Capital in excess of par value

-

201

-

200

199

0

0

Accumulated deficit

-382

-347

-291

-19

1

-0

0

Total shareholders' deficit

-179

-145

-89

181

202

0

390

Total liabilities and shareholders' deficit

2,012

2,044

2,305

2,384

2,400

-

2,357

SMTA Preferred Shares
Redeemable preferred equity

150

150

150

-

-

-

0

SubREIT Preferred Shares
Redeemable preferred equity

-

5

-

-

-

-

-

Redeemable preferred equity

5

-

5

-

-

-

0