Taubman centers, inc. (TCO)
Balance Sheet / 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'11Dec'10Sep'10Jun'10Dec'09
Assets:
Properties

4,737

4,731

4,805

4,787

4,732

4,717

4,661

4,601

4,527

4,461

4,384

4,304

4,231

4,173

4,102

3,880

3,783

3,713

3,585

3,467

3,392

3,262

3,143

3,024

4,191

4,485

4,397

4,331

4,282

4,246

4,202

4,125

4,100

4,020

3,538

3,536

3,543

3,528

3,497

3,495

3,496

Accumulated depreciation and amortization

1,553

1,514

1,510

1,484

1,445

1,404

1,382

1,347

1,311

1,276

1,245

1,211

1,179

1,147

1,124

1,102

1,078

1,052

1,033

1,010

989

970

951

934

1,420

1,516

1,484

1,452

1,422

1,395

1,361

1,330

1,299

1,271

1,258

1,240

1,223

1,199

1,172

1,148

1,100

Real Estate Investment Property, Net

3,183

3,216

3,295

3,303

3,287

3,312

3,278

3,254

3,215

3,184

3,138

3,092

3,052

3,026

2,978

2,777

2,704

2,661

2,552

2,457

2,402

2,292

2,191

2,089

2,771

2,968

2,913

2,878

2,859

2,850

2,840

2,794

2,800

2,749

2,280

2,296

2,320

2,329

2,324

2,347

2,396

Investment in Unconsolidated Joint Ventures (UJVs) (Notes 2 and 4)

788

831

825

763

691

673

673

677

603

605

563

564

572

604

621

585

595

433

420

412

386

370

361

343

326

327

335

274

212

214

122

76

74

75

73

73

74

77

76

89

89

Cash and cash equivalents (Note 13)

395

102

62

42

38

48

38

35

53

42

37

42

51

40

59

83

172

206

263

42

105

276

45

132

178

40

32

63

73

32

29

45

27

24

21

16

21

19

17

9

16

Restricted cash (Note 13)

0

0

0

30

97

94

95

138

126

121

3

7

12

0

1

1

3

6

10

16

28

37

43

45

48

5

7

6

5

6

4

4

6

295

-

-

-

7

-

-

-

Accounts and notes receivable

90

95

84

78

80

77

81

74

73

78

68

61

62

60

52

45

52

54

44

41

45

49

38

36

57

73

61

56

62

69

42

39

54

59

52

41

46

49

36

39

44

Accounts receivable from related parties

1

2

5

1

0

1

1

1

2

1

2

2

2

2

1

1

2

2

3

2

3

0

2

2

2

1

1

2

1

2

1

2

1

1

1

1

1

1

1

1

1

Operating lease right-of-use assets

173

173

174

175

167

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred charges and other assets

92

92

87

89

89

135

167

181

169

180

293

290

291

275

296

291

197

181

198

206

190

188

149

153

161

89

87

87

87

94

112

133

131

131

88

65

71

62

73

74

58

Assets of centers held for sale (Note 2)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

780

778

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Assets

4,727

4,515

4,536

4,485

4,451

4,344

4,335

4,362

4,245

4,214

4,107

4,061

4,044

4,010

4,011

3,786

3,729

3,546

3,494

3,179

3,162

3,214

3,612

3,581

3,546

3,506

3,438

3,369

3,302

3,268

3,152

3,096

3,096

3,336

2,518

2,495

2,535

2,546

2,529

2,560

2,606

Liabilities:
Notes payable, net (Note 5)

4,003

3,710

3,634

3,812

3,846

3,830

3,793

3,795

3,640

3,555

3,438

3,351

3,287

3,255

3,203

3,039

2,843

2,627

2,594

2,212

2,057

2,025

2,015

1,997

2,580

3,058

2,985

2,910

2,832

2,952

2,654

2,836

2,945

2,864

2,524

2,504

2,636

2,656

2,657

2,688

2,691

Installment notes (Notes 2 and 8)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

281

-

-

-

-

-

-

-

Accounts payable and accrued liabilities

252

268

269

270

220

336

300

283

277

307

315

316

327

336

387

315

309

334

306

303

306

292

275

261

283

292

285

271

270

278

267

248

232

255

267

244

239

247

239

224

230

Operating lease liabilities

241

240

241

241

232

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Distributions in excess of investments in and net income of UJVs (Note 4)

471

473

481

485

483

477

480

484

490

494

503

506

504

480

465

468

468

464

471

474

475

476

401

408

408

371

378

378

384

383

317

306

193

192

193

173

172

170

172

159

160

Liabilities of centers held for sale (Note 2)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

652

651

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Liabilities

4,968

4,692

4,625

4,809

4,783

4,644

4,574

4,563

4,408

4,357

4,256

4,173

4,120

4,072

4,055

3,823

3,620

3,425

3,372

2,990

2,840

2,794

3,345

3,319

3,272

3,721

3,650

3,561

3,486

3,613

3,238

3,391

3,372

3,593

2,986

2,922

3,048

3,074

3,070

3,071

3,081

Commitments and contingencies (Notes 5, 6, 7, 8, and 9)

-

-

-

-

-

-

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

0

0

-

-

0

-

-

-

Redeemable Noncontrolling Interest, Equity, Carrying Amount [Abstract]
Redeemable noncontrolling interests (Note 6)

0

0

0

6

7

7

7

7

7

7

9

9

8

8

8

8

13

0

-

-

-

-

-

-

-

-

-

-

-

-

81

82

82

-

-

-

-

-

-

-

-

Equity (Deficit):
Temporary Equity, Carrying Amount, Including Portion Attributable to Noncontrolling Interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

84

-

-

-

-

-

-

-

Series B Non-Participating Convertible Preferred Stock, $0.001 par and liquidation value, 40,000,000 shares authorized, 26,311,117 and 26,398,473 shares issued and outstanding at March 31, 2020 and December 31, 2019

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

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Common Stock, $0.01 par value, 250,000,000 shares authorized, 61,375,291 and 61,228,579 shares issued and outstanding at March 31, 2020 and December 31, 2019

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

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Additional paid-in capital

742

741

740

739

677

676

678

676

673

675

666

664

662

657

653

650

646

652

649

678

757

815

809

802

798

796

813

824

822

657

826

670

666

673

666

664

586

589

587

585

579

Accumulated other comprehensive income (loss) (Note 12)

-61

-39

-46

-44

-27

-25

-15

-5

0

-6

-24

-30

-28

-35

-26

-34

-29

-27

-32

-19

-21

-15

-9

-9

-12

-8

-14

-17

-23

-22

-31

-30

-25

-27

-27

-14

-12

-14

-21

-21

-24

Dividends in excess of net income (Note 7)

738

712

637

802

767

744

711

692

667

646

628

595

570

549

543

525

524

512

504

500

488

483

587

586

573

908

916

909

895

891

890

883

872

863

986

969

953

939

938

916

884

Stockholders' Equity Attributable to Parent

-56

-10

56

-107

-116

-92

-48

-21

6

22

14

38

63

72

84

90

94

112

113

159

247

318

213

206

212

-120

-117

-101

-96

-255

-94

-242

-231

-216

-345

-318

-378

-363

-371

-351

-328

Noncontrolling interests (Note 6)

-184

-167

-145

-222

-222

-215

-198

-187

-176

-172

-172

-159

-148

-142

-138

-135

1

8

9

28

74

101

53

55

60

-95

-94

-89

-88

-89

-72

-135

-127

-124

-122

-108

-134

-164

-169

-158

-146

Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest

-241

-177

-88

-329

-339

-307

-246

-208

-169

-150

-157

-120

-84

-70

-53

-44

95

120

122

188

322

419

267

261

273

-215

-211

-191

-184

-344

-167

-377

-358

-340

-467

-426

-512

-527

-541

-510

-474

Total Liabilities and Equity

4,727

4,515

4,536

4,485

4,451

4,344

4,335

4,362

4,245

4,214

4,107

4,061

4,044

4,010

4,011

3,786

3,729

3,546

3,494

3,179

3,162

3,214

3,612

3,581

3,546

3,506

3,438

3,369

3,302

3,268

3,152

3,096

3,096

3,336

2,518

2,495

2,535

2,546

2,529

2,560

2,606