URSTADT BIDDLE PROPERTIES INC UBA Income Statement

Urstadt biddle properties inc (UBA)

Income statement / Yearly

Oct'19	Oct'18	Oct'17	Oct'16	Oct'15	Oct'14	Oct'13	Oct'12	Oct'11	Oct'10	Oct'09
Revenues
Lease income
99,270	95,902	88,383	87,172	83,885	75,099	70,052	67,543	62,703	63,419	61,178
Additional Rent due from tenants under operating leases for expense reimbursements paid by company on behalf of tenants
32,784	31,144	28,676	25,788	28,703	24,947	22,594	20,603	21,552	20,074	20,728
Gain (Loss) on Contract Termination
221	3,795	2,432	619	472	183	214	89	3,196	633	77
Other
5,310	4,511	4,069	3,213	2,252	2,099	2,343	2,160	2,008	1,023	744
Revenues
137,585	135,352	123,560	116,792	115,312	102,328	95,203	90,395	89,459	85,149	82,727
Expenses
Property operating
21,901	22,009	20,074	18,717	21,267	18,926	17,471	14,200	14,750	13,626	13,239
Property taxes
23,363	21,167	19,621	18,548	18,224	16,997	15,524	15,114	14,522	13,682	13,089
Depreciation and amortization
27,927	28,324	26,512	23,025	22,435	19,249	17,769	16,637	15,212	15,066	15,366
General and administrative
9,405	9,223	9,183	9,284	8,576	8,016	8,211	7,545	7,521	6,873	6,350
Provisions for tenant credit losses
956	859	583	1,161	1,271	917	958	665	-	-	-
Acquisition costs
-	-	-	412	2,068	666	857	296	89	307	0
Directors' fees and expenses
346	344	321	318	330	314	337	262	261	313	292
Total Operating Expenses
83,898	81,926	76,294	71,465	74,171	65,085	61,127	54,719	52,355	49,867	48,336
Operating Income
53,687	53,426	47,266	45,327	41,141	37,243	34,076	35,676	37,104	35,282	34,391
Non-Operating Income (Expense):
Interest expense
14,102	13,678	12,981	12,983	13,475	10,235	9,094	9,148	7,865	7,585	6,695
Equity in net (income) of unconsolidated joint ventures
1,241	2,085	2,057	2,019	1,941	1,604	1,318	-138	393	208	0
Income Before Gain (loss) on Sale of Properties
-	-	-	-	-	28,746	-	-	-	-	-
Discontinued Operations:
Income From Continuing Operations Before Discontinued Operations
-	-	-	-	-	-	29,105	27,282	30,483	-	-
Income from discontinued operations
-	-	-	-	-	141	1,308	1,478	-	-	-
Gain on sale of properties
-	-	-	-	-	12,526	0	0	-	-	-
Income from discontinued operations
-	-	-	-	-	12,667	1,308	1,478	1,466	-	-
Income before gain on sale of properties
-	-	-	-	29,835	41,413	30,413	-	-	-	-
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal
-19	0	18,734	0	20,377	24,345	0	0	-	-	-
Gain on sale of marketable securities
403	0	0	-	-	-	1,460	0	0	0	381
Other expense
-	-	-	-	-	-	-	-	-	-452	-155
Interest, dividends and other investment income
403	350	356	242	228	134	1,345	892	851	396	280
Net income
41,613	42,183	55,432	34,605	50,212	65,758	30,413	28,760	31,949	27,849	28,202
Noncontrolling interests:
Net income attributable to noncontrolling interests
4,333	4,716	2,499	889	948	607	618	500	306	307	459
Net income attributable to Urstadt Biddle Properties Inc.
37,280	37,467	52,933	33,716	49,264	65,151	29,795	28,260	31,643	27,542	27,743
Preferred Stock Dividends
12,789	12,250	14,960	14,280	14,605	13,812	14,949	13,267	13,094	13,094	13,094
Redemption of preferred stock
2,363	0	4,075	0	0	1,870	4,233	2,027	0	0	-
Net income applicable to common and Class A common stockholders - basic
22,128	25,217	33,898	19,436	34,659	49,469	10,613	12,966	18,549	14,448	14,649
Basic Earnings Per Share:
Per Common Share:
-	-	-	-	-	-	0.28	0.38	0.57	-	-
Income from discontinued operations (in dollars per share)
-	-	-	-	-	-	0.04	0.05	0.05	-	-
Diluted Earnings Per Share:
Income from continuing operations (in dollars per share)
-	-	-	-	-	-	0.27	0.36	0.55	-	-
Income from discontinued operations (in dollars per share)
-	-	-	-	-	-	0.04	0.05	0.05	-	-
Per Common Share (in dollars per share)
-	-	-	-	-	-	0.31	0.41	0.60	0.52	0.54
Dividends Per Share:
Common stock, dividends per share declared (in dollars per share)
-	-	-	-	-	-	-	-	-	0.88	0.87
Classification of common stock representing ownership interest in a corporation.
Net income applicable to common and Class A common stockholders - basic
4,659	5,173	6,857	4,142	-	-	-	-	-	-	-
Per Common Share (in dollars per share)
0.53	0.61	0.82	0.50	-	-	-	-	-	-	-
Per Common Share (in dollars per share)
0.52	0.60	0.80	0.49	-	-	-	-	-	-	-
Class A Common Stock [Member]
Net income applicable to common and Class A common stockholders - basic
17,469	20,044	27,041	15,294	-	-	-	-	-	-	-
Per Common Share (in dollars per share)
0.59	0.68	0.92	0.57	-	-	0.32	0.43	0.62	0.53	0.55
Per Common Share (in dollars per share)
0.58	0.67	0.90	0.56	-	-	-	-	-	-	-