Tier reit inc (TIER)
Income statement / Quarterly
Mar'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
Revenues

50,092

-

-

53,990

54,143

-

-

54,552

56,363

54,075

55,998

64,267

68,478

67,085

69,423

70,038

75,819

76,378

72,157

71,234

68,298

30,221

85,318

87,196

86,336

-9,778

89,060

103,971

106,213

20,130

108,986

113,403

125,488

124,989

129,180

Expenses
Property operating expenses

11,050

12,862

13,262

12,395

13,155

14,131

13,170

13,930

14,690

15,998

16,315

19,805

20,485

21,812

21,290

20,877

25,179

25,000

22,464

23,283

24,709

11,266

26,899

26,580

26,423

-761

26,624

30,663

32,204

7,687

33,740

34,037

34,497

34,522

38,542

Real estate taxes

8,101

8,625

9,229

9,074

8,754

8,512

8,439

8,753

8,560

7,454

8,350

9,429

11,064

8,622

9,670

10,198

11,644

10,166

11,272

10,276

9,758

3,957

13,007

12,653

12,301

-5,719

13,023

15,118

16,183

919

16,044

16,353

14,786

18,103

17,907

Property management fees

63

-

-

97

85

-

-

72

60

197

210

226

284

249

342

2,105

2,332

2,258

2,229

2,128

2,063

997

2,596

2,575

2,553

-171

2,556

3,135

3,144

813

3,261

3,313

3,529

3,760

3,905

Interest expense

5,759

5,752

7,141

8,369

8,109

8,155

8,406

8,235

8,780

8,565

9,005

13,447

12,240

12,707

12,765

15,460

16,522

18,003

16,706

16,818

15,847

7,399

26,606

27,354

27,422

3,697

29,688

31,489

31,920

7,446

33,990

34,338

36,448

39,461

40,583

Impairment of Real Estate

937

-

3,418

-

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Asset management fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,759

320

4,514

4,581

853

4,452

4,556

4,660

4,628

4,551

Asset impairment losses

-

-

-

-

-

-

-

-

-

-

4,151

0

4,826

0

0

0

132

13,165

0

0

0

0

0

0

0

-

0

16,186

-

-

41,267

6,527

-

7,232

5,116

Goodwill impairment losses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11,470

General and administrative

8,945

5,777

5,128

5,377

5,503

4,956

5,157

5,626

5,707

5,796

5,529

5,820

6,504

8,934

10,123

19,470

6,414

5,242

4,515

4,606

4,695

4,360

4,206

4,120

4,636

4,481

5,402

3,204

2,393

2,815

2,503

2,713

2,797

1,972

2,467

Depreciation and amortization

22,903

24,452

24,834

27,134

24,616

23,788

23,785

22,652

24,529

23,856

25,133

30,797

32,044

30,182

31,446

31,081

30,022

32,442

29,885

29,182

28,161

13,583

36,634

36,283

35,402

-4,058

37,689

44,813

47,682

9,050

48,337

50,206

57,544

54,434

56,017

Total expenses

57,758

95,690

63,092

62,446

60,222

64,843

59,006

59,268

62,326

61,866

68,693

79,524

87,447

82,506

85,636

99,191

92,245

106,276

87,071

86,293

85,233

41,562

109,948

109,565

108,737

50,578

115,302

149,122

138,107

9,159

183,594

152,043

154,261

164,112

180,558

Interest and other income

154

140

49

550

45

88

170

783

318

303

248

344

274

257

267

141

145

80

88

96

249

460

151

87

536

316

453

196

-19

-2,236

171

3,029

114

357

386

Gain (Loss) on Extinguishment of Debt

-6,025

0

0

0

-8,988

0

0

0

-545

0

0

0

0

-24

-30

-21,412

-36

-426

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on troubled debt restructuring

-

-

31,006

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

201

0

0

0

1,008

-

-

Income (loss) before gains

-

-

22,567

-8,120

-

-

-8,051

2,772

-6,690

-

-11,805

-14,371

-18,462

-11,568

-16,171

-51,693

-15,998

-29,649

-14,431

-14,109

-16,666

11,889

-24,461

-21,887

-22,624

-59,732

-24,845

-44,019

-32,235

-

-77,344

-35,155

-

-

-

Loss from continuing operations before gain on sale of assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-27,569

-40,120

-51,507

Income from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

17

21

-121

1,490

-8,737

-5,975

-3,191

-12,991

-12,688

21,715

731

6,770

-7,338

-11,492

-2,927

2,014

-14,811

-43,139

-7,807

-3,553

-38,496

-38,202

Gain on sale of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

297

403

6,077

8,606

86,195

4,026

0

0

25,824

9,894

988

3,730

262

5,041

12,808

2,019

715

15,347

0

639

2,755

-

Discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

314

424

5,956

10,096

77,458

-1,949

-3,191

-12,991

13,136

31,609

1,719

10,500

-7,076

-6,451

9,881

4,033

-

-27,792

-7,807

-

-

-

Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property

0

14,904

0

-90

12,014

384

0

1,262

90,750

650

10,777

5,010

5,739

-2

-85

44,564

0

-

0

0

-

0

0

0

16,102

7,721

0

0

362

-

-

1,385

-

-

-

Loss before income taxes, equity in operations of investments, and gain on remeasurement of investment in unconsolidated entities

-13,537

-28,184

22,795

-7,906

-3,008

82,267

-7,916

-3,933

-6,190

14,688

-12,447

-14,913

-18,695

-15,188

-15,976

-50,424

-16,317

-30,244

-14,826

-14,963

-16,686

-12,486

-24,479

-22,282

-21,865

-60,040

-25,789

-44,955

-31,712

8,735

-74,437

-35,611

-27,651

-38,766

-50,992

Provision for income taxes

234

197

228

214

195

171

202

-149

244

188

4

281

182

209

36

1,338

-76

-73

36

-59

68

104

328

125

-39

90

-546

109

407

-798

128

-169

224

1,678

580

Equity in operations of investments

-446

418

0

0

300

32

67

6,556

-256

685

646

823

415

3,829

-159

69

243

522

431

795

88

24,479

346

520

-798

398

398

1,045

-116

-116

-2,779

287

306

324

65

Deconsolidation, Revaluation of Retained Investment, Gain (Loss), Amount

0

0

0

-152

11,242

0

0

0

14,168

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

-14,217

-27,860

22,567

-8,362

8,326

-9,884

-8,051

4,034

98,228

-6,341

-1,028

-9,361

-12,723

-11,256

-15,832

-1,173

-5,902

47,809

-16,380

-17,300

-29,657

25,025

7,148

-20,168

3,978

-59,087

-31,296

-34,138

-27,840

-4,679

-105,136

-41,577

-30,483

-75,861

-89,709

Noncontrolling interests

-93

-81

-78

-85

-64

-9

-10

3

57

-8

-3

-9

-16

-41

-58

-33

-27

-54

-34

-20

-24

17

-36

-30

-11

-76

-50

-49

-47

41

-117

-66

-170

-213

-238

Noncontrolling interests in discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

1

1

11

17

131

9

-1

-19

4

465

-1

23

-40

-19

15

6

-71

-34

-6

-2

-3

-

Dilution of Series A Convertible Preferred Stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,926

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Income (Loss) Attributable to Parent

-14,124

-27,779

22,645

-8,277

8,390

-9,875

-8,041

4,031

98,171

-6,333

-1,025

-9,352

-12,707

-11,216

-13,849

-1,151

-5,892

45,806

-16,355

-17,279

-29,614

25,004

6,719

-20,137

3,966

-58,971

-31,227

-34,104

-27,799

-4,649

-104,985

-41,505

-30,311

-75,645

-89,471

Weighted average common shares outstanding - basic (in shares)

54,319

53,707

51,899

47,684

47,645

47,554

47,549

47,536

47,510

47,415

47,412

47,405

47,389

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

295,642

294,546

293,963

Weighted Average Number of Shares Outstanding, Diluted

54,319

52,334

52,616

47,684

48,299

48,300

47,549

47,875

47,806

47,415

47,412

47,405

47,389

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

295,642

294,546

293,963

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

48,842

49,893

49,891

-199,479

49,877

49,877

299,228

-698,114

299,191

299,191

299,191

299,113

298,617

298,112

297,645

-

296,578

296,090

-

-

-

Earnings Per Share, Basic

-0.26

-0.54

0.43

-0.17

0.18

-0.20

-0.17

0.08

2.05

-0.13

-0.02

-0.20

-0.27

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Earnings Per Share, Diluted

-0.26

-0.53

0.43

-0.17

0.17

-0.20

-0.17

0.08

2.04

-0.13

-0.02

-0.20

-0.27

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Continuing operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.29

-0.14

-0.32

-0.91

-0.29

-0.28

-0.06

-0.64

-0.08

-0.07

-0.03

-0.19

-0.08

-0.14

-0.10

0.03

-0.26

-0.11

-0.09

-0.14

-0.17

Discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.01

0.12

0.20

1.34

-0.04

-0.07

-0.04

0.99

0.10

0.00

0.04

-0.02

-0.02

0.03

0.01

-0.05

-0.09

-0.03

-0.01

-0.12

-0.13

Basic and diluted income (loss) per common share (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.28

-0.02

-0.12

0.43

-0.33

-0.35

-0.10

0.35

0.02

-0.07

0.01

-0.21

-0.10

-0.11

-0.09

-0.02

-0.35

-0.14

-0.10

-0.26

-0.30

Distributions declared per common share (in dollars per share)

0.18

-

0.18

0.18

0.18

-

0.18

0.18

0.18

-

0.18

0.18

0.18

-

0.18

0.18

0.00

-

0.00

0.00

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-11,529

-14,272

-7,096

-15,971

-31,521

-14,397

-14,089

-16,642

11,872

-24,425

-21,857

-6,511

-51,935

-24,795

-43,970

-31,826

9,376

-77,227

-33,704

-27,399

-39,907

-51,269

Discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

313

423

5,945

10,079

77,327

-1,958

-3,190

-12,972

13,132

31,144

1,720

10,477

-7,036

-6,432

9,866

4,027

-14,025

-27,758

-7,801

-2,912

-35,738

-38,202

Net income (loss) attributable to common stockholders

-

-

-

-

-

-

-

-

-

-

-1,025

-9,352

-12,707

-11,216

-13,849

-1,151

-5,892

45,806

-16,355

-17,279

-29,614

25,004

6,719

-20,137

3,966

-58,971

-31,227

-34,104

-27,799

-4,649

-104,985

-41,505

-30,311

-75,645

-

Comprehensive income (loss):
Net loss attributable to common stockholders

-14,124

-27,779

22,645

-8,277

8,390

-9,875

-8,041

4,031

98,171

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-89,471

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

-14,217

-27,860

22,567

-8,362

8,326

-9,884

-8,051

4,034

98,228

-6,341

-1,028

-9,361

-12,723

-11,256

-15,832

-1,173

-5,902

47,809

-16,380

-17,300

-29,657

25,025

7,148

-20,168

3,978

-59,087

-31,296

-34,138

-27,840

-4,679

-105,136

-41,577

-30,483

-75,861

-89,709

Other comprehensive income (loss): unrealized gain (loss) on interest rate derivatives

-7,027

-11,857

2,801

1,984

5,438

3,963

531

-1,301

2,069

15,634

2,602

-2,532

-12,880

6,299

-10,966

6,146

-4,556

-789

0

0

0

914

160

347

258

532

-543

-318

-443

-

-277

-

-

869

935

Reclassification of unrealized loss on interest rate derivatives to earnings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-369

-367

Total other comprehensive income (loss)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,238

1,302

Comprehensive income (loss)

-21,244

-39,717

25,368

-6,378

13,764

-5,921

-7,520

2,733

100,297

9,293

1,574

-11,893

-25,603

-3,031

-26,798

4,973

-10,458

45,094

-16,380

-17,300

-29,657

25,939

7,308

-19,821

4,236

-58,555

-31,839

-34,456

-28,283

-5,308

-105,413

-41,577

-30,483

-74,623

-88,407

Comprehensive loss attributable to noncontrolling interests

-94

-85

-77

-84

-62

-7

-10

2

58

6

-1

-11

-24

-29

-76

-11

-18

76

-25

-21

-43

23

429

-31

13

-81

-104

-35

-41

-31

-151

-72

-172

-213

-237

Comprehensive income (loss) attributable to common stockholders

-21,150

-39,632

25,445

-6,294

13,826

-5,914

-7,510

2,731

100,239

9,287

1,575

-11,882

-25,579

-3,002

-26,722

4,984

-10,440

45,018

-16,355

-17,279

-29,614

25,916

6,879

-19,790

4,223

-58,474

-31,735

-34,421

-28,242

-5,277

-105,262

-41,505

-30,311

-74,410

-88,170