Stratus properties inc. (STRS)
Income statement / Quarterly
Dec'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
Cost of Goods Sold, Excluding Depreciation, Depletion, and Amortization

-

-

-

12,339

-

-

-

13,745

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revenues:
Real estate operations

-

-

-

-

-

-

-

-

-

-

4,021

2,164

861

6,155

1,448

2,255

3,357

6,210

2,234

2,476

7,267

6,562

6,824

5,431

9,874

10,810

28,043

18,862

13,067

27,960

6,801

14,286

17,253

15,549

33,274

31,575

918

633

Leasing operations

-

-

-

-

-

2,813

-

2,004

1,966

1,923

1,811

2,281

2,921

2,567

2,141

2,053

1,330

787

1,703

1,821

1,737

1,695

1,624

1,569

1,463

1,391

1,242

1,310

1,178

1,189

1,129

926

748

610

494

423

1,340

1,132

Leasing operations - Post Lease ASU Adoption

-

5,024

4,413

3,629

-

-

2,331

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Hotel

-

-

-

-

-

-

-

-

-

-

9,765

10,314

10,917

8,268

10,658

10,575

10,152

8,521

11,054

11,619

11,268

9,714

10,560

10,812

11,027

8,312

9,816

10,079

10,211

7,567

8,607

9,017

7,808

5,961

7,060

7,271

0

0

Entertainment

-

-

-

-

-

-

-

-

-

-

5,832

5,905

6,286

4,190

4,903

4,143

6,144

4,159

4,995

4,309

6,389

3,659

3,513

5,487

5,539

3,310

3,424

3,208

4,541

3,155

2,832

3,271

2,757

2,343

2,553

1,357

0

0

Total revenues

-35,674

22,255

23,724

19,698

-34,009

17,923

23,310

17,765

21,025

17,222

21,429

20,664

20,985

21,180

19,150

19,026

20,983

19,677

19,986

20,225

26,661

21,630

22,521

23,299

27,903

23,823

42,525

33,459

28,997

39,871

19,369

27,500

28,566

24,463

43,381

40,626

2,258

1,765

Cost of sales:
Real estate operations

-

16,363

17,514

-

-

14,139

17,468

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Real estate operations

-

-

-

-

-

-

-

-

-

2,204

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Real estate operations

-

-

-

-

-

-

-

-

-

-

3,868

1,976

1,529

4,075

1,889

2,209

1,845

4,459

2,011

2,110

6,672

5,478

4,682

3,818

7,402

6,942

23,833

15,952

10,847

24,440

7,385

13,453

19,573

13,509

27,582

25,431

1,788

1,831

Leasing operations

-

-

-

-

-

-

-

1,182

1,048

1,091

973

1,685

1,608

1,390

1,043

862

556

516

959

741

689

1,045

703

701

679

644

685

662

589

561

529

486

447

447

321

291

704

666

Hotel

-

-

-

-

-

-

-

-

-

6,676

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Hotel

-

-

-

-

-

-

-

-

-

-

7,436

7,165

6,842

6,891

7,676

7,681

7,543

6,782

8,295

8,082

7,931

7,542

7,641

7,632

7,778

6,893

7,538

7,274

7,074

6,377

6,781

6,651

6,164

5,944

6,189

6,249

558

0

Entertainment

-

-

-

-

-

-

-

-

-

3,666

4,255

4,377

4,691

3,713

3,775

3,044

4,655

3,423

3,688

3,403

4,892

3,003

2,515

4,021

4,487

3,000

2,979

2,456

4,494

2,798

2,317

2,477

2,356

2,508

2,578

1,540

220

0

Depreciation

-2,577

2,835

2,703

2,630

-3,342

2,171

2,053

1,942

-

2,031

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation

-

-

-

-

-

-

-

-

-

-

1,756

2,141

2,228

2,189

1,983

1,682

2,030

2,063

2,346

2,304

2,264

2,241

2,225

2,247

2,263

2,252

2,308

2,230

2,238

2,644

2,166

2,117

2,091

1,984

1,896

1,602

381

409

Total cost of sales

-31,258

19,198

20,217

14,969

-29,606

16,310

19,521

15,687

17,327

15,668

18,288

17,344

16,898

18,258

16,366

15,478

16,629

17,243

17,299

16,640

22,448

19,309

17,766

18,419

22,609

19,731

37,343

28,574

25,242

36,820

19,178

25,184

30,631

24,392

38,566

35,113

3,651

2,906

General and administrative expenses

2,201

3,025

2,919

3,199

1,668

2,650

3,015

2,981

2,939

2,220

2,846

3,396

2,446

2,497

4,146

3,075

1,749

2,187

2,145

1,976

2,125

1,741

1,959

2,062

1,731

1,578

2,014

1,764

1,662

1,542

1,857

1,471

1,483

1,532

1,671

1,967

1,495

1,571

Profit participation in sale of The Oaks at Lakeway

-

-

-

-

-

-

-

-

-38

0

0

2,538

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sales of assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sales of assets

3,694

37

-161

2,113

0

0

0

0

42

24,306

0

1,115

-

0

0

-

-

20,729

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Litigation and insurance settlements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,506

46

530

-

0

1,785

0

-

0

0

-

-

-

-

-

-

-

Total

-32,751

22,186

23,297

16,055

-27,938

18,960

22,536

18,668

20,224

-6,418

21,134

22,163

19,344

20,755

20,512

18,553

18,378

-1,299

19,444

18,616

24,573

19,544

19,679

19,951

24,340

21,309

37,572

30,338

26,904

38,362

21,035

26,655

32,114

25,924

40,237

37,080

5,146

4,477

Operating income (loss)

-2,923

69

427

3,643

-6,071

-1,037

774

-903

801

23,640

295

-1,499

1,641

425

-1,362

473

2,605

20,976

542

1,609

2,088

2,086

2,842

3,348

3,563

2,514

4,953

3,121

2,093

1,509

-1,666

845

-3,548

-1,461

3,144

3,546

-2,888

-2,712

Interest expense, net

4,438

-3,203

-2,911

-2,572

5,253

-2,150

-1,742

-1,559

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense, net

-

-

-

-

-

-

-

-

-

1,577

1,508

1,975

-

2,579

2,346

1,969

-

855

1,031

850

954

974

974

849

953

1,833

2,008

2,299

2,396

2,835

2,967

3,641

2,626

1,889

1,369

783

0

0

(Loss) gain on interest rate derivative instruments

3

-9

-123

-59

-127

56

80

178

157

54

-4

86

519

174

-101

-374

262

-918

-13

-55

-36

15

-170

-81

-136

0

0

0

-

-

-

-

-

-

-

-

-

-

Loss on early extinguishment of debt

0

-231

0

-16

0

0

0

0

0

0

0

-532

0

0

0

-837

0

0

0

0

-

-19

-

-

-

-1,379

-

-

-

0

-

-

-

-

-

-

-

-

Other Nonoperating Income (Expense)

95

18

12

299

17

17

11

11

1,557

6

13

5

7

6

4

4

5

15

285

4

4

3

3

19

4

7

95

1,250

554

11

11

29

13

71

197

269

6

9

Loss before income taxes and equity in unconsolidated affiliates’ (loss) income

1,613

-3,356

-2,595

1,295

-928

-3,114

-877

-2,273

833

22,123

-1,204

-3,915

-347

-1,974

-3,805

-2,703

1,543

19,218

-217

708

1,102

1,111

1,701

2,437

2,478

-691

3,040

2,072

251

-1,315

-4,622

-2,767

-6,161

-3,279

1,972

3,032

-2,882

-2,703

Equity in unconsolidated affiliates’ (loss) income

1

-7

-13

0

946

210

-3

-3

-25

-5

-2

-17

-19

-3

-25

98

-901

-280

-239

121

864

-190

-243

681

-73

-114

149

-38

-43

-61

147

-72

-97

-75

-89

-76

-89

-73

Benefit from income taxes

-89

-401

-218

433

266

-532

-23

-406

7,677

7,810

-321

-1,262

-192

-318

-1,347

-922

332

5,197

-216

263

-11,257

143

194

226

312

192

222

203

113

224

141

158

162

167

156

166

18

8,876

Loss from continuing operations

-

-2,962

-2,390

-

-

-2,372

-857

-

-

-

-

-

-

-

-

-

310

13,741

-240

566

13,223

778

1,264

2,892

-

-

-

-

95

-1,600

-4,616

-2,997

-6,420

-3,521

1,727

2,790

-

-

Income from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

3,218

0

0

0

0

-

-

-

-

0

0

0

4,805

-57

-164

147

265

-

-

Net (loss) income and total comprehensive (loss) income

-

-

-

862

-

-

-

-1,870

-6,869

14,308

-885

-2,670

-

-1,659

-2,483

-

310

13,741

-240

3,784

13,223

778

1,264

2,892

2,093

-997

2,967

1,831

-

-

-

-

-

-

-

-

-2,989

-11,652

Total comprehensive loss attributable to noncontrolling interests

-

-2

-1

-

-

0

0

-

-

0

8

-

-

0

0

-

4

3,493

879

1,042

1,733

181

1,045

1,795

1,253

-957

2,335

678

-

-

-

-

-

-

-

-

-467

-118

Net loss and total comprehensive loss attributable to common stockholders

2,023

-2,960

-2,389

862

1,117

-2,372

-857

-1,870

-6,866

14,308

-893

-2,670

-174

-1,659

-2,483

-1,683

306

10,248

-1,119

2,742

11,490

597

219

1,097

840

-40

632

1,153

-

-

-

-

-

-

-

-

-2,522

-11,534

Earnings Per Share, Basic

-

-

-

0.11

-

-

-

-0.23

-

1.76

-

-

-

-0.20

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Earnings Per Share, Diluted

-

-

-

0.10

-

-

-

-0.23

-

1.75

-

-

-

-0.20

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted Average Number of Shares Outstanding, Basic

-

-

-

8,167

-

-

-

8,137

-

8,128

-

-

-

8,094

-

-

8,067

8,063

8,061

8,041

8,036

8,032

8,030

8,050

8,047

8,057

8,099

8,105

8,097

8,095

8,095

7,577

-

-

-

-

-

-

Weighted Average Number of Shares Outstanding, Diluted

-

-

-

8,213

-

-

-

8,137

-

8,172

-

-

-

8,094

-

-

8,130

8,094

8,061

8,079

8,076

8,067

8,068

8,101

8,122

8,057

8,131

8,134

8,097

8,095

8,095

7,577

-

-

-

-

-

-

Net (loss) income and total comprehensive (loss) income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,600

-4,616

1,808

-6,477

-3,685

1,874

3,055

-

-

Net loss (income) and total comprehensive loss (income) attributable to noncontrolling interests in subsidiaries

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,923

-1,058

105

-2,198

-109

3,526

3,936

-

-

Net (loss) income and total comprehensive (loss) income attributable to Stratus common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

323

-3,558

1,703

-4,279

-3,576

-1,652

-881

-

-

Basic and diluted net (loss) income per share attributable to common stockholders:
Continuing operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1.27

-0.14

-0.06

-

0.07

0.03

0.14

-

-

-

-

0.01

0.04

-0.44

-0.41

-0.56

-0.46

-0.24

-0.15

-

-

Discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

0.40

-

0.00

0.00

0.00

-

-

-

-

-0.03

0.00

0.00

0.63

-0.01

-0.02

0.02

0.03

-

-

Earnings per share (in dollars per share)

-

-0.36

-0.29

-

-

-0.29

-0.11

-

-

-

-0.11

-0.33

-

-

-0.31

-0.21

-

1.27

-0.14

0.34

-

0.07

0.03

0.14

-

0.00

0.08

0.14

-0.02

0.04

-0.44

0.22

-0.57

-0.48

-0.22

-0.12

-0.34

-1.55

Basic and diluted weighted-average common shares outstanding (in shares)

-

8,188

8,177

-

-

8,156

8,153

-

-

-

8,127

8,101

-

-

8,092

8,071

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common Stock, Dividends, Per Share, Declared

-

-

-

-

-

-

-

-

0.00

0.00

0.00

1.00

0.00

0.00

0.00

0.00

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic and diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,456

7,494

7,494

7,484

7,470

7,465

Real Estate [Member]
Cost of Goods Sold, Excluding Depreciation, Depletion, and Amortization

-

-

-

46

-

-

-

1,566

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Leasing Operations [Member]
Cost of Goods Sold, Excluding Depreciation, Depletion, and Amortization

-

-

-

2,139

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating Leases, Income Statement, Lease Revenue

-

-

-

-

-

2,813

-

2,004

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Leasing operations - Post Lease ASU Adoption

-

5,024

4,413

3,629

-

-

2,331

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of sales

-

2,491

2,447

-

-

1,227

1,323

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Hotel [Member]
Cost of Goods Sold, Excluding Depreciation, Depletion, and Amortization

-

-

-

6,675

-

-

-

7,029

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revenue from contracts with customers

-

8,696

8,962

8,325

-

8,172

9,593

9,322

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of sales

-

6,891

6,831

-

-

6,625

7,149

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Entertainment [Member]
Cost of Goods Sold, Excluding Depreciation, Depletion, and Amortization

-

-

-

3,479

-

-

-

3,968

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revenue from contracts with customers

-

5,919

6,220

4,796

-

4,838

4,407

5,245

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of sales

-

4,629

4,441

-

-

4,008

3,436

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Real estate
Revenue from contracts with customers

-

2,616

4,129

2,948

-

2,100

6,979

1,194

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of sales

-

2,352

3,795

-

-

2,279

5,560

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-