URSTADT BIDDLE PROPERTIES INC UBA Income Statement

Urstadt biddle properties inc (UBA)

Income statement / TTM

Jan'20	Oct'19	Jul'19	Apr'19	Jan'19	Oct'18	Jul'18	Apr'18	Jan'18	Oct'17	Jul'17	Apr'17	Jan'17	Oct'16	Jul'16	Apr'16	Jan'16	Oct'15	Jul'15	Apr'15	Jan'15	Oct'14	Jul'14	Apr'14	Jan'14	Oct'13	Jul'13	Apr'13	Jan'13	Oct'12	Jul'12	Apr'12	Jan'12	Oct'11	Jul'11	Apr'11	Jan'11	Jul'10
Revenues
Lease income
98,954	99,270	106,466	106,597	105,579	95,902	95,682	93,088	90,855	88,383	88,860	88,391	88,212	87,172	83,832	83,269	82,946	83,885	82,619	80,291	77,896	75,099	73,812	73,009	71,324	70,052	68,898	67,723	67,771	67,543	65,196	64,446	63,274	62,703	64,236	0	0	0
Additional Rent due from tenants under operating leases for expense reimbursements paid by company on behalf of tenants
-	-	32,418	31,653	-	31,144	31,087	30,766	29,810	28,676	28,024	27,149	26,489	25,788	24,770	25,920	27,929	28,703	28,845	27,462	25,711	24,947	24,305	23,840	22,653	22,594	22,311	22,360	21,624	20,603	20,869	20,918	21,774	21,552	21,045	0	0	0
Gain (Loss) on Contract Termination
413	221	231	3,807	0	-	0	0	-	2,432	2,670	570	601	619	705	760	470	472	132	160	160	183	264	257	281	214	150	26	2	89	152	295	295	3,196	3,717	0	0	0
Other
5,515	5,310	5,020	4,056	4,296	4,511	4,873	4,741	4,412	4,069	3,281	3,127	3,109	3,213	3,523	3,424	2,912	2,252	2,005	1,824	1,872	2,099	2,041	2,196	2,150	2,343	2,058	2,165	2,304	2,160	2,263	2,090	2,274	2,008	1,655	0	0	0
Revenues
137,666	137,585	135,652	133,912	136,624	135,352	135,433	134,498	127,485	123,560	122,835	119,237	118,411	116,792	112,830	113,373	114,257	115,312	113,601	109,737	105,639	102,328	100,422	99,302	96,408	95,203	93,417	92,274	91,701	90,395	88,480	87,749	87,617	89,459	90,653	0	0	0
Expenses
Property operating
21,900	21,901	21,895	21,744	21,633	22,009	22,289	21,474	21,232	20,074	19,582	19,623	19,098	18,717	18,614	18,968	20,948	21,267	20,636	20,089	19,086	18,926	18,572	18,652	17,139	17,471	17,015	16,740	15,739	14,200	14,565	14,242	15,233	14,750	14,036	0	0	0
Property taxes
23,260	23,363	23,166	22,581	21,933	21,167	20,749	20,340	19,920	19,621	19,284	18,985	18,773	18,548	18,297	18,336	18,385	18,224	17,892	17,466	17,127	16,997	16,748	16,554	16,048	15,524	15,433	15,197	15,170	15,114	14,898	14,751	14,629	14,522	14,276	0	0	0
Depreciation and amortization
28,122	27,927	27,963	28,332	28,315	28,324	28,357	27,665	26,880	26,512	25,665	24,442	23,918	23,025	22,403	22,489	22,597	22,435	21,887	21,107	20,199	19,249	19,060	18,855	18,206	17,769	17,053	16,603	16,564	16,637	16,315	16,002	15,637	15,212	15,231	0	0	0
General and administrative
9,528	9,405	9,348	9,440	9,458	9,223	9,314	9,218	9,147	9,183	9,037	9,198	9,277	9,284	9,223	9,050	8,770	8,576	8,435	8,208	8,180	8,016	8,040	8,152	8,163	8,211	8,135	7,883	7,750	7,545	7,597	7,598	7,567	7,521	7,301	0	0	0
Provisions for tenant credit losses
-	-	904	983	-	859	828	595	715	583	755	913	1,000	1,161	1,368	1,353	1,167	1,271	1,061	1,084	1,133	917	854	841	832	958	0	0	0	-	-	-	-	-	-	-	-	-
Acquisition costs
-	-	-	-	-	-	-	-	-	-	-	-	435	412	253	251	380	2,068	2,210	2,199	2,063	666	518	992	1,075	857	798	264	364	296	336	346	174	89	159	0	0	0
Directors' fees and expenses
343	346	342	348	350	344	348	343	340	321	323	319	318	318	304	304	299	330	332	333	338	314	330	329	319	337	311	302	299	262	258	249	247	261	274	0	0	0
Total Operating Expenses
84,109	83,898	83,364	83,174	82,338	81,926	81,782	79,532	78,131	76,294	74,956	73,866	72,819	71,465	70,462	70,751	72,546	74,171	72,453	70,486	68,126	65,085	64,122	64,375	61,782	61,127	60,108	58,130	56,804	54,719	53,969	53,188	53,487	52,355	51,277	0	0	0
Operating Income
53,557	53,687	52,288	50,738	54,286	53,426	53,651	54,966	49,354	47,266	47,879	45,371	45,592	45,327	42,368	42,622	41,711	41,141	41,148	39,251	37,513	37,243	36,300	34,927	34,626	34,076	33,309	34,144	34,897	35,676	34,511	34,561	34,130	37,104	39,376	0	0	0
Non-Operating Income (Expense):
Interest expense
13,863	14,102	14,107	14,049	13,833	13,678	13,359	13,204	13,147	12,981	13,032	12,979	12,969	12,983	13,115	13,301	13,482	13,475	12,735	11,920	11,095	10,235	9,931	9,860	9,278	9,094	9,285	9,071	9,333	9,148	8,644	8,378	7,996	7,865	7,843	0	0	0
Equity in net (income) of unconsolidated joint ventures
1,412	1,241	1,382	1,576	1,867	2,085	2,289	2,245	2,103	2,057	2,013	2,138	2,150	2,019	2,011	1,914	1,850	1,941	1,922	1,746	1,772	1,604	1,464	1,522	1,442	1,318	855	629	18	-138	84	86	357	393	312	0	0	0
Marketable Securities, Realized Gain (Loss)
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income Before Gain (loss) on Sale of Properties
-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued Operations:
Income From Continuing Operations Before Discontinued Operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	27,875	28,221	28,913	29,105	29,114	0	0	-	0	-	-	-	-	-	-	-
Income from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	141	459	684	1,066	1,308	0	0	0	-	-	-	-	-	-	-	-	-
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-
Income from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,667	12,984	13,296	13,678	1,308	1,362	0	0	-	0	-	-	-	-	-	-	-
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal
0	-	0	-	0	-	0	-	-	18,734	18,772	19,460	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of marketable securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-
Other expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Interest, dividends and other investment income
368	403	332	392	399	350	34	129	263	356	654	510	364	242	199	186	264	228	241	208	99	134	42	172	663	1,345	1,601	1,685	1,399	892	888	881	881	851	782	0	0	0
Net income
41,116	41,613	40,707	39,060	43,122	42,183	42,577	43,410	57,307	55,432	56,286	54,500	35,137	34,605	51,840	51,798	50,720	50,212	54,922	53,544	52,548	65,758	40,859	41,517	42,591	30,413	30,036	29,630	28,842	28,760	28,677	28,616	28,838	31,949	32,681	0	0	0
Noncontrolling interests:
Net income attributable to noncontrolling interests
4,270	4,333	4,416	4,460	4,722	4,716	4,643	4,487	3,372	2,499	1,681	916	886	889	879	1,006	1,020	948	880	687	604	607	606	605	592	618	631	646	605	500	413	324	307	306	305	0	0	0
Net income attributable to Urstadt Biddle Properties Inc.
36,846	37,280	36,291	34,600	38,400	37,467	37,934	38,923	53,935	52,933	54,605	53,584	34,251	33,716	50,961	50,792	49,700	49,264	54,042	52,857	51,944	65,151	40,253	40,912	41,999	29,795	29,405	28,984	28,237	28,260	28,264	28,292	28,531	31,643	32,376	0	0	0
Preferred Stock Dividends
13,138	12,789	12,250	12,250	12,250	12,250	13,437	13,944	14,453	14,960	14,281	14,281	14,280	14,280	14,280	14,281	14,281	14,605	14,488	14,370	14,253	13,812	13,812	13,965	14,441	14,949	14,943	14,610	13,955	13,267	13,094	13,094	13,094	13,094	13,093	0	0	0
Redemption of Preferred Stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-
Net income applicable to common and Class A common stockholders - basic
21,345	22,128	24,041	22,350	26,150	25,217	20,422	20,904	35,407	33,898	40,324	39,303	19,971	19,436	36,681	36,511	35,419	34,659	37,684	36,617	35,821	49,469	26,441	26,879	27,084	10,613	8,202	8,182	8,496	12,966	15,170	15,198	15,437	18,549	19,283	0	0	0
Basic Earnings Per Share:
Per Common Share:
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.09	0.11	0.12	0.08	-0.03	-	0.13	-	-	-	-	-	-	-
Income from discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.38	0.01	0.01	0.01	0.01	-	0.01	-	-	-	-	-	-	-
Diluted Earnings Per Share:
Income from continuing operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.09	0.11	0.11	0.08	-0.03	-	0.13	-	-	-	-	-	-	-
Income from discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.37	0.01	0.01	0.01	0.01	-	0.01	-	-	-	-	-	-	-
Per Common Share (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.10	0.06	-	-	-	0.46	0.12	0.12	0.09	-0.02	0.04	0.14	0.11	0.12	0.11	0.14	0.12	0.23	0.16
Dividends Per Share:
Common stock, dividends per share declared (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.22	-	0.22	0.22	0.22	-	0.22	0.22	0.22	-	0.22	0.22	0.22	0.22
Classification of common stock representing ownership interest in a corporation.
Net income applicable to common and Class A common stockholders - basic
4,508	4,659	5,023	4,640	5,394	5,173	4,200	4,278	7,179	6,857	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Per Common Share (in dollars per share)
0.12	0.08	0.17	0.14	0.14	0.13	0.13	0.23	0.12	0.01	0.15	0.58	0.08	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Per Common Share (in dollars per share)
0.12	0.07	0.17	0.14	0.14	0.12	0.13	0.23	0.12	0.01	0.14	0.57	0.08	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock, dividends per share declared (in dollars per share)
0.25	-	0.24	0.24	0.24	-	0.24	0.24	0.24	-	0.23	0.23	0.23	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Class A Common Stock [Member]
Net income applicable to common and Class A common stockholders - basic
16,837	17,469	19,018	17,710	20,756	20,044	16,222	16,626	28,228	27,041	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Per Common Share (in dollars per share)
0.14	0.08	0.19	0.16	0.16	0.14	0.15	0.26	0.13	0.01	0.16	0.66	0.09	-	-	-	-	-	-	0.10	0.06	-	-	-	0.47	0.12	0.13	0.09	-0.02	0.05	0.14	0.11	0.13	0.13	0.14	0.12	0.23	0.17
Per Common Share (in dollars per share)
0.13	0.08	0.19	0.15	0.16	0.14	0.15	0.25	0.13	0.01	0.16	0.64	0.09	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock, dividends per share declared (in dollars per share)
0.28	-	0.27	0.27	0.27	-	0.27	0.27	0.27	-	0.26	0.26	0.26	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-