Trinity place holdings inc. (TPHS)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Jan'15Feb'14Feb'13Feb'11Feb'10
Adjustment to fair value of assets and liabilities

-

-

-

-

-

-

12,353

-

-

Adjustment to accrued costs of liquidation

-

-

-

-

-

-

-33,739

-

-

Sale of common stock pursuant to rights offering

-

-

-

-

-

-

-25,002

-

-

Subtotal

-

-

-

-

-

-

3,616

-

-

Revenues
Rental revenues

4,062

3,715

1,862

-

-

-

-

-

-

Rental revenues

-

-

-

1,315

-

-

-

-

-

Tenant reimbursements

-

-

-

541

-

-

-

-

-

Total revenues

4,062

3,715

1,862

1,856

-

-

-

-

-

Operating Expenses
Property operating expenses

5,328

1,904

850

-

-

-

-

-

-

Property operating expenses

-

-

-

942

-

-

-

-

-

Real estate taxes

328

321

467

275

-

-

-

-

-

General and administrative

5,349

5,492

5,375

6,927

-

-

-

-

-

Pension related costs

733

236

203

-

-

-

-

-

-

Transaction related costs

167

382

83

243

-

-

-

-

-

Professional fees

-

-

-

-

1,000

2,600

-

-

-

Net sales

-

-

-

-

-

-

-

445,133

377,309

Cost of goods sold

-

-

-

-

-

-

-

271,341

232,207

Gross profit

-

-

-

-

-

-

-

173,792

145,102

Selling, general and administrative

-

-

-

-

-

-

-

124,385

109,460

Advertising

-

-

-

-

-

-

-

7,021

8,193

Occupancy, net

-

-

-

-

-

-

-

64,203

49,535

Depreciation and amortization

2,977

2,463

544

457

-

-

-

14,581

11,414

(Gain) loss on disposition of assets

-

-

-

-

-

-

-

-457

-1,168

Costs relating to demolished asset

0

0

3,426

0

-

-

-

4,255

80

Other expense (income)

-

-

-

-

-

-

-

-36

-

Acquisition costs

-

-

-

-

-

-

-

-

4,857

Bargain purchase gain

-

-

-

-

-

-

-

-

9,714

Gain from life insurance proceeds and other expense (income)

-

-

-

-

-

-

-

-

25,049

Restructuring charges

-

-

-

-

-

-

-

9,306

-

Total operating expenses

14,882

10,798

10,948

8,844

-

-

-

224,172

149,944

Gain on sale of real estate

9,521

0

3,853

0

-

-

-

-

-

Operating loss

-

-

-

-6,988

-

-

-

-50,380

-4,842

Equity in net loss from unconsolidated joint ventures

-819

-728

-1,057

-308

-

-

-

-

-

Interest income, net

67

212

215

42

-

-

-

-

-

Interest expense -amortization of deferred finance costs

-

-

-

98

-

-

-

-

-

Reduction of claims liability

0

0

1,043

132

-

-

-

-

-

Interest expense, net

-

-

-

-

-

-

-

1,366

1,538

Loss before taxes

-2,051

-7,599

-5,032

-7,220

-

-

-

-

-

Loss before income taxes

-

-

-

-

-

-

-

-51,746

-6,380

Tax expense

128

290

-3,011

216

-

-

-

-18,889

-14,688

Net loss attributable to common stockholders

-2,179

-7,889

-2,021

-7,436

-

-

-

-32,857

8,308

Other comprehensive gain (loss):
Unrealized gain (loss) on pension liability

344

-786

429

-824

-

-

-

-

-

Comprehensive loss attributable to common stockholders

-1,835

-8,675

-1,592

-8,260

-

-

-

-

-

Loss per share - basic and diluted

-0.07

-0.25

-0.07

-0.29

-

-

-

-2.27

0.57

Weighted average number of common shares - basic and diluted

31,915

31,607

30,451

25,439

-

-

-

14

-

Weighted average shares outstanding - basic and diluted

-

-

-

-

-

-

-

-

14,593