Tejon ranch co (TRC)
Income statement / 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'11Sep'10Jun'10
Revenues:
Total revenues

10,313

-

9,657

8,946

10,662

-

15,432

5,070

13,469

-

11,908

5,963

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total revenues

-

-

-

-

-

-

-

-

-

-

-

-

5,702

13,098

13,079

6,849

12,953

15,568

11,946

7,000

16,633

14,376

13,837

8,321

14,535

12,637

15,128

7,475

9,760

13,547

16,114

7,849

9,579

19,815

14,765

5,872

22,646

16,279

4,263

Costs and Expenses:
Total expenses

12,076

16,794

12,125

10,341

11,694

13,123

12,717

7,419

11,924

12,080

13,411

8,018

9,264

15,030

14,988

9,956

12,770

14,941

15,487

8,402

15,513

13,788

13,465

8,347

13,526

14,801

13,383

6,308

9,670

13,531

12,112

8,763

9,555

13,643

11,730

7,679

9,172

4,250

6,766

Operating loss

-1,763

3,464

-2,468

-1,395

-1,032

-1,475

2,715

-2,349

1,545

-398

-1,503

-2,055

-3,562

-1,932

-1,909

-3,107

183

627

-3,541

-1,402

1,120

588

372

-26

1,009

-2,164

1,745

1,167

90

16

4,002

-914

24

6,172

3,035

-1,807

13,474

12,029

-2,503

Other Income:
Income from water sales

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

Investment income

228

267

294

329

349

364

351

346

283

173

91

95

103

107

112

120

118

115

116

142

155

175

138

185

198

212

216

238

275

294

313

317

318

333

317

314

296

246

221

Other income, net

8

-

19

22

26

-

-16

-10

-14

-

-2

-275

-14

-

32

37

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest income (expense)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-33

33

2

-

0

-

-

7

70

Other income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

51

201

125

17

38

398

81

20

27

367

20

14

3

63

15

11

24

21

17

33

27

8

15

Total other income

236

-1,624

313

351

375

345

335

336

269

189

89

-180

89

450

144

157

169

316

241

159

193

573

219

205

225

579

236

252

278

347

361

295

340

354

334

347

323

247

166

Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest

-1,527

1,840

-2,155

-1,044

-657

-1,130

3,050

-2,013

1,814

-209

-1,414

-2,235

-3,473

-1,482

-1,765

-2,950

352

943

-3,300

-1,243

1,313

1,161

591

179

1,234

-1,585

1,981

1,419

368

363

4,363

-619

364

6,526

3,369

-1,460

13,797

12,276

-2,337

Equity in earnings of unconsolidated joint ventures, net

1,355

11,529

2,199

1,971

876

1,423

1,592

652

167

715

1,724

1,560

228

1,448

2,353

1,842

1,455

1,463

2,055

1,656

1,150

2,001

1,707

1,148

438

1,086

1,241

1,270

409

887

1,114

893

-359

333

613

412

-442

647

245

Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest

-172

13,369

44

927

219

293

4,642

-1,361

1,981

506

310

-675

-3,245

-34

588

-1,108

1,807

2,406

-1,245

413

2,463

3,162

2,298

1,327

1,672

-499

3,222

2,689

777

1,250

5,477

274

5

6,859

3,982

-1,048

13,355

-

-

Income (loss) before income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12,923

-2,092

Income tax expense

512

3,660

7

218

95

-13

1,155

-348

526

185

336

-472

-1,332

-7

271

-380

612

661

-434

36

862

1,050

627

479

541

-

919

686

-

1,262

1,525

164

-228

-

1,442

-392

4,660

5,071

-855

Income tax expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

147

-

-

-

-

-

-

-

-

-

-

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

-684

9,709

37

709

124

306

3,487

-1,013

1,455

321

-26

-203

-1,913

-27

317

-728

1,195

1,745

-811

377

1,601

2,112

1,671

848

1,131

-833

2,303

2,003

630

-12

3,952

110

233

5,202

2,540

-656

8,695

7,852

-1,237

Net Income (Loss) Attributable to Noncontrolling Interest

-2

2

-10

2

5

-1

-1

-16

-2

18

-4

-27

-11

18

-7

-40

-14

30

-23

-29

-16

196

-81

-26

18

-7

11

-81

15

-39

-69

-8

-42

-

-18

-

-

-

-

Net income (loss) attributable to non-controlling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-18

-41

2

-88

Net (loss) income attributable to common stockholders

-682

9,707

47

707

119

307

3,488

-997

1,457

303

-22

-176

-1,902

-45

324

-688

1,209

1,715

-788

406

1,617

1,916

1,752

874

1,113

-826

2,292

2,084

615

27

4,021

118

275

5,238

2,558

-638

8,736

7,850

-1,149

Net (loss) income per share attributable to common stockholders, basic (in dollars per share)

-0.03

0.38

0.00

0.03

0.00

0.01

0.13

-0.04

0.06

0.02

0.00

-0.01

-0.09

-0.01

0.02

-0.03

0.06

0.08

-0.04

0.02

0.08

0.09

0.09

0.04

0.05

-0.03

0.11

0.10

0.03

0.00

0.20

0.01

0.01

0.26

0.13

-0.03

0.44

0.40

-0.06

Net (loss) income per share attributable to common stockholders, diluted (in dollars per share)

-0.03

0.37

0.00

0.03

0.00

0.01

0.13

-0.04

0.06

0.02

0.00

-0.01

-0.09

-0.01

0.02

-0.03

0.06

0.08

-0.04

0.02

0.08

0.10

0.08

0.04

0.05

-0.04

0.11

0.10

0.03

0.00

0.20

0.01

0.01

0.26

0.13

-0.03

0.44

0.40

-0.06

Corporate expenses
Total expenses

2,533

2,837

1,760

2,290

2,474

2,409

2,100

2,464

2,732

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Real estate - commercial/industrial
Total expenses

1,931

4,608

1,968

4,593

1,792

1,861

1,678

1,388

1,319

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equity in earnings of unconsolidated joint ventures, net

1,355

11,529

2,199

1,971

876

1,423

1,592

652

167

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest

1,744

11,672

2,851

3,973

1,910

1,744

2,359

1,453

1,002

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Real estate - resort/residential
Total expenses

626

-

582

642

648

-

471

433

415

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Mineral resources
Total expenses

3,878

812

576

598

3,832

823

574

595

4,231

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest

2,300

628

983

62

2,300

1,586

781

905

4,900

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Farming
Total expenses

1,702

6,849

5,979

825

1,598

-

6,541

1,191

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest

-750

6,179

-1,377

61

-783

-

4,295

-649

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Ranch operations
Total expenses

1,406

1,313

1,260

1,393

1,350

1,361

1,353

1,348

1,389

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest

-543

-274

-384

-588

-461

-294

-557

-509

-400

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-