Trinity place holdings inc. (TPHS)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Nov'15Aug'15May'15Nov'14Aug'14May'14Nov'13Aug'13May'13Oct'11Aug'11May'11Nov'10Aug'10
Adjustment to fair value of assets and liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

61

-53

-23

-565

4,469

955

-

-

-

-

-

Adjustment to accrued costs of liquidation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

896

-1,125

-674

-349

467

-2,371

-

-

-

-

-

Sale of common stock, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,048

-

-

-

-

-

-

-

Subtotal

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

957

-1,178

-697

12,134

4,936

-1,416

-

-

-

-

-

Revenues
Rental revenues

327

542

946

1,281

1,293

1,347

1,298

673

397

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Rental revenues

-

-

-

-

-

-

-

-

-

-

336

342

339

341

328

328

318

-

279

145

147

-

-

-

-

-

-

-

-

-

-

-

Tenant reimbursements

-

-

-

-

-

-

-

-

-

-

171

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Tenant reimbursements

-

-

-

-

-

-

-

-

-

-

-

153

121

-

208

70

157

-

47

43

77

-

-

-

-

-

-

-

-

-

-

-

Total revenues

327

542

946

1,281

1,293

1,347

1,298

673

397

400

507

495

460

447

536

398

475

-

326

188

224

-

-

-

-

-

-

-

-

-

-

-

Operating Expenses
Property operating expenses

1,593

2,641

1,191

816

680

737

598

382

187

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property operating expenses

-

-

-

-

-

-

-

-

-

-

178

200

171

497

144

144

157

-

186

171

148

-

-

-

-

-

-

-

-

-

-

-

Real estate taxes

20

64

90

90

84

77

85

81

78

122

124

150

71

108

63

55

49

-

46

55

53

-

-

-

-

-

-

-

-

-

-

-

General and administrative

1,334

1,377

1,286

1,373

1,313

1,375

1,280

1,413

1,424

1,175

1,509

1,341

1,350

1,656

1,529

1,568

2,174

-

1,556

629

1,478

-

-

-

-

-

-

-

-

-

-

-

Pension related costs

165

184

183

183

183

86

50

50

50

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Transaction related costs

15

1

29

112

25

212

170

0

0

6

9

22

46

143

49

16

35

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Professional fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

689

741

492

-

-

-

-

-

-

-

-

-

-

-

Net sales

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

66,540

86,319

105,355

120,739

102,073

Cost of goods sold

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

42,797

54,519

60,713

69,394

64,950

Gross profit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

23,743

31,800

44,642

51,345

37,123

Selling, general and administrative

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

21,790

27,232

27,059

31,966

32,520

Advertising

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

462

746

1,268

1,667

1,703

Occupancy, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,788

17,133

16,199

14,807

16,664

Depreciation and amortization

601

600

600

837

940

626

1,193

515

129

150

145

125

124

123

121

109

104

-

186

86

85

-

-

-

-

-

-

2,527

3,744

3,548

3,630

3,446

(Gain) loss on disposition of assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,488

-364

6,441

-

-14

Costs relating to demolished asset

0

-

-

-

0

-

-

-

-

-

3,426

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,721

-

Other expense (income)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,315

1,500

-

-

-

Other expense (income)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

-

Restructuring charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

831

471

Total operating expenses

3,728

4,867

3,379

3,411

3,225

3,113

3,376

2,441

1,868

1,957

5,391

1,838

1,762

2,527

1,906

1,892

2,519

-

2,663

1,682

2,256

-

-

-

-

-

-

36,394

50,719

41,633

54,620

54,818

Gain on sale of real estate

-

9,521

-

-

-

-

-

-

-

-

3,853

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating loss

-3,401

-

-2,432

-2,130

-1,932

-

-

-

-

-

-4,884

-1,343

-1,302

-2,080

-1,370

-1,494

-2,044

-

-2,337

-1,494

-2,032

-

-

-

-

-

-

-12,651

-18,919

3,009

-3,275

-17,695

Equity in net loss from unconsolidated joint ventures

-991

-194

-218

-186

-221

-236

-236

-139

-117

-253

-296

-237

-271

-308

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized gain on warrants

-1,200

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest income, net

4

14

14

18

21

30

36

93

53

304

20

-41

-68

-41

-12

22

73

-43

-

-83

-120

-

-

-

-

-

-

-

-

-

-

-

Interest expense -amortization of deferred finance costs

-

-

-

-

-

-

-

-

-

-

145

118

82

37

39

20

2

-113

-

87

89

-

-

-

-

-

-

-

-

-

-

-

Reduction of claims liability

-

-

-

-

-

-

-

-

-

0

0

0

1,043

0

-2

-1

135

27

-

300

230

-

-

-

-

-

-

-

-

-

-

-

Interest expense, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

54

-

-

-

-

-

-

-

-

282

325

455

499

448

Reduction of claims liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-27

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss before taxes

-3,188

5,016

-2,637

-2,298

-2,132

-

-

-

-

2,692

-5,305

-1,739

-680

-2,466

-1,423

-1,493

-1,838

-

-2,364

-1,364

-2,011

-

-

-

-

-

-

-

-

-

-

-

Loss before income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-12,933

-19,244

2,554

-3,774

-18,143

Tax expense

65

-71

8

110

81

214

26

27

23

-3,049

0

37

1

216

0

0

0

-

22

0

4

-

-

-

-

-

-

53,022

-7,698

1,080

-459

-7,213

Net loss attributable to common stockholders

-3,253

5,087

-2,645

-2,408

-2,213

-2,186

-2,304

-1,841

-1,558

1,888

-1,452

-1,776

-681

-2,682

-1,423

-1,493

-1,838

-

-2,386

-1,364

-2,015

-

-

-

-

-

-

-65,955

-11,546

1,474

-3,315

-10,930

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

112

-

-

-

-1,533

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Comprehensive loss attributable to common stockholders

-3,141

-

-

-

-3,746

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss per share - basic and diluted

-0.10

0.16

-0.08

-0.08

-0.07

-0.07

-0.07

-0.06

-0.05

0.06

-0.05

-0.06

-0.02

-0.10

-0.06

-0.06

-0.07

-

-0.12

-0.07

-0.10

-

-

-

-

-

-

-4.56

-0.80

0.10

-0.23

-0.76

Weighted average number of common shares - basic and diluted

32,268

31,972

31,953

31,918

31,796

31,647

31,639

31,612

31,531

31,508

31,446

31,290

27,560

25,531

25,483

25,458

25,284

-

20,159

20,124

20,053

-

-

-

-

-

-

14

14,448

-

-

-

Weighted average shares outstanding - basic and diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14,448

14,448

14,448