UMH PROPERTIES, INC. UMH Balance Sheet

Umh properties, inc. (UMH)

Balance Sheet / Yearly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Dec'10
- ASSETS -
Investment Property and Equipment
Land
72,459	72,459	72,349	68,157	68,157	68,154	64,395	63,616	61,239	61,239	58,679	58,527	56,637	47,476	46,246	45,476	45,476	45,477	42,415	40,811	39,347	39,133	39,133	36,167	35,992	33,973	32,140	32,085	30,150	22,010	20,334	18,043	18,043	17,869	17,590	17,129	15,987
Site and Land Improvements
621,904	618,041	596,123	540,855	535,913	533,547	491,396	485,940	465,133	463,242	434,687	429,630	422,449	398,776	390,804	383,318	379,118	377,215	344,269	314,349	304,264	299,776	296,420	279,745	277,507	256,830	244,812	242,162	235,937	186,474	178,735	144,744	143,851	141,336	136,632	135,813	124,836
Buildings and Improvements
27,393	27,380	26,229	25,299	25,280	25,156	23,506	23,380	23,027	22,963	22,537	22,289	22,096	21,101	20,780	20,523	20,337	20,307	19,434	18,033	17,702	17,534	17,394	16,122	16,049	13,273	11,408	11,189	10,870	7,176	6,997	5,593	5,567	5,436	5,302	5,293	4,658
Rental Homes and Accessories
308,851	297,401	287,909	271,518	262,897	254,599	244,196	233,339	224,242	216,992	205,808	194,304	183,274	172,862	164,755	153,137	142,423	134,708	122,561	106,739	96,998	91,719	82,173	72,673	67,387	61,747	57,821	53,253	48,830	37,828	35,290	30,404	28,311	26,610	26,806	25,552	23,108
Total Investment Property
1,030,607	1,015,281	982,610	905,830	892,247	881,456	823,495	806,276	773,642	764,438	721,712	704,751	684,457	640,216	622,587	602,455	587,355	577,709	528,681	479,933	458,313	448,164	435,122	404,708	396,936	365,824	346,182	338,690	325,788	253,490	241,357	198,786	195,773	191,252	186,331	183,788	168,590
Equipment and Vehicles
21,692	21,145	20,497	19,686	19,108	18,792	18,265	17,974	17,437	16,874	16,584	15,774	15,384	14,986	14,700	14,347	14,072	13,697	13,185	12,858	12,525	12,242	11,957	11,647	11,344	11,130	10,718	10,190	9,968	9,495	9,267	8,836	8,734	8,825	8,577	8,465	8,291
Total Investment Property and Equipment
1,052,299	1,036,426	1,003,108	925,516	911,356	900,248	841,761	824,251	791,080	781,313	738,296	720,525	699,842	655,202	637,287	616,803	601,428	591,406	541,867	492,792	470,838	460,406	447,079	416,356	408,280	376,955	356,900	348,880	335,757	262,985	250,624	207,623	204,507	200,078	194,908	192,253	176,881
Accumulated Depreciation
242,655	232,783	223,185	214,179	205,673	197,208	189,256	181,393	173,889	166,444	159,593	153,087	146,586	140,255	134,409	128,668	123,124	117,761	112,634	107,952	103,674	99,522	95,449	91,578	88,039	84,655	81,472	78,436	75,578	73,270	71,278	69,411	67,800	66,555	65,335	63,831	61,142
Net Investment Property and Equipment
809,644	803,643	779,923	711,336	705,682	703,040	652,505	642,857	617,190	614,868	578,703	567,437	553,256	514,947	502,878	488,135	478,303	473,645	429,232	384,839	367,164	360,884	351,630	324,778	320,241	292,300	275,427	270,444	260,179	189,715	179,346	138,211	136,706	133,523	129,573	128,422	115,739
Other Assets
Cash and Cash Equivalents
14,628	12,902	11,111	3,724	7,347	7,433	8,879	15,227	25,951	23,242	14,840	8,166	8,306	4,216	3,709	9,590	7,914	6,535	7,900	9,030	11,076	8,082	2,657	11,008	7,760	7,615	7,787	14,342	8,486	11,035	4,440	20,925	8,828	8,798	7,452	7,922	5,661
Marketable Securities at Fair Value
78,079	116,186	116,437	106,772	108,700	99,596	130,931	138,063	113,343	132,964	132,212	109,079	107,516	108,755	111,046	103,916	91,396	75,011	61,436	63,347	67,917	63,555	62,367	62,822	60,700	59,254	54,192	50,322	49,038	57,325	53,567	55,271	47,660	43,298	38,845	36,623	28,757
Inventory of Manufactured Homes
31,057	31,967	30,515	28,289	22,684	23,703	25,091	23,165	18,981	17,569	17,493	20,932	17,980	17,424	16,335	17,833	15,393	14,311	13,468	14,117	10,564	12,306	15,619	16,927	12,106	13,786	14,826	14,164	11,756	11,855	12,619	11,910	9,538	10,188	10,294	10,734	10,574
Notes and Other Receivables, net
37,944	37,995	37,270	35,421	32,651	31,494	29,567	27,944	25,809	25,451	24,366	23,950	23,427	20,323	20,921	20,079	19,183	20,028	20,134	20,228	21,379	21,992	24,625	25,446	26,411	26,019	26,815	24,768	24,323	22,713	22,415	21,110	20,571	21,325	21,352	21,074	21,599
Prepaid Expenses and Other Assets
12,169	10,762	11,722	12,696	10,388	6,195	6,696	5,470	4,499	3,457	5,635	4,756	4,323	4,497	4,938	4,454	4,378	4,062	-	-	-	-	-	-	-	-	-	-	-	-	1,172	1,218	1,043	-	-	-	-
Unamortized Financing Costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,238	3,174	3,242	2,228	2,184	2,113	2,252	2,128	2,212	2,275	2,106	1,473	1,458	1,448	1,487	1,319	1,165	1,127	1,060
Prepaid Expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,436	5,149	4,052	3,356	1,109	882	873	1,182	4,627	1,605	1,379	910	-	-	-	627	1,254	748	736
Land Development Costs
15,654	11,998	23,172	17,044	12,253	9,441	14,833	10,023	7,610	6,328	12,543	11,898	10,972	10,279	9,206	8,038	7,469	6,722	6,287	6,124	5,923	5,861	5,909	5,855	5,792	5,693	5,694	5,564	5,441	5,251	5,173	5,027	4,936	4,863	4,943	4,780	4,653
Total Other Assets
189,531	221,810	230,228	203,949	194,025	177,862	215,999	219,894	196,196	209,012	207,091	178,783	172,526	165,497	166,157	163,912	145,736	126,672	121,902	121,172	124,156	117,384	114,471	125,057	115,898	115,679	116,156	113,042	102,531	110,566	100,847	116,911	94,066	90,421	85,308	83,011	73,041
TOTAL ASSETS
999,175	1,025,453	1,010,152	915,286	899,708	880,902	868,504	862,752	813,387	823,881	785,795	746,221	725,782	680,444	669,036	652,048	624,039	600,317	551,135	506,012	491,321	478,268	466,102	449,835	436,139	407,979	391,584	383,487	362,710	300,281	280,193	255,122	230,773	223,944	214,881	211,434	188,780
- LIABILITIES AND SHAREHOLDERS' EQUITY -
LIABILITIES:
Mortgages Payable, net of unamortized debt issuance costs
371,697	373,658	375,483	327,609	329,322	331,093	313,419	301,771	303,317	304,895	312,808	311,303	305,450	293,025	285,020	286,582	288,642	283,049	265,965	224,311	221,963	182,670	183,861	176,484	177,641	160,639	153,982	154,997	161,742	108,871	106,934	95,699	96,307	90,282	90,299	95,403	90,815
Other Liabilities:
Accounts Payable
4,493	4,572	5,015	4,332	4,665	3,873	3,683	3,922	3,119	2,960	3,709	4,601	3,764	2,962	3,793	3,351	3,537	2,816	2,726	2,756	2,073	1,824	2,297	2,522	1,756	1,628	2,114	1,109	1,174	1,070	1,426	1,390	223	688	262	140	748
Loans Payable, net of unamortized debt issuance costs
44,323	83,686	76,481	38,722	115,055	107,985	87,031	84,648	50,382	84,704	41,489	64,177	81,924	58,285	56,579	45,324	71,953	57,862	69,157	64,936	47,630	77,439	72,348	62,993	53,623	49,118	43,126	37,120	12,142	10,441	24,542	8,981	17,611	23,949	19,515	3,377	22,236
Accrued Liabilities and Deposits
11,779	10,575	9,938	8,519	9,995	7,411	5,644	4,358	4,772	4,977	5,078	4,332	5,028	4,820	5,522	5,410	6,471	6,696	5,284	5,392	4,880	4,757	3,910	4,146	3,832	3,852	3,965	3,233	3,106	3,609	2,632	2,671	2,142	2,246	2,282	2,920	2,269
Tenant Security Deposits
6,802	6,623	6,597	6,115	5,974	5,842	5,613	5,525	5,246	5,127	4,970	4,814	4,686	4,319	4,209	4,066	3,883	3,654	3,385	3,069	2,861	2,749	2,681	2,508	2,418	2,153	2,005	1,947	1,861	1,303	1,244	988	958	900	916	914	782
Total Other Liabilities
67,397	105,456	98,034	57,690	135,691	125,111	101,971	98,455	63,521	97,770	55,247	77,926	95,403	70,387	70,105	58,152	85,844	71,029	80,553	76,155	57,445	86,771	81,237	72,171	61,630	56,754	51,211	43,410	18,284	16,424	29,845	14,031	20,936	27,785	22,976	7,352	26,036
Total Liabilities
439,094	479,114	473,517	385,299	465,013	456,204	415,391	400,226	366,838	402,665	368,055	389,229	400,854	363,412	355,125	344,734	374,487	354,078	346,519	300,466	279,408	269,441	265,099	248,655	239,271	217,394	205,193	198,408	180,027	125,295	136,779	109,731	117,243	118,067	113,276	102,755	116,852
Commitments and Contingencies
-	-	-	-	-	-	0	-	0	-	0	0	0	0	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	-	0	0	0
Shareholders' Equity:
Series B - 8.0% Cumulative Redeemable Preferred Stock, par value $0.10 per share; 4,000 shares authorized; 3,801 shares issued and outstanding as of March 31, 2020 and December 31, 2019
95,017	95,030	95,030	95,030	95,030	95,030	95,030	95,030	95,030	95,030	0	91,595	91,595	91,595	91,595	91,595	91,595	91,595	91,595	91,595	91,595	91,595	91,595	91,595	91,595	91,595	91,595	91,595	91,595	91,595	60,345	60,345	33,470	33,470	33,470	33,470	-
Series C - 6.75% Cumulative Redeemable Preferred Stock, par value $0.10 per share, 13,750 shares authorized; 9,750 shares issued and outstanding as of March 31, 2020 and December 31, 2019
243,750	243,750	243,750	243,750	143,750	143,750	143,750	143,750	143,750	143,750	95,030	95,030	95,030	95,030	95,030	95,030	45,030	45,030	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Series D - 6.375% Cumulative Redeemable Preferred Stock, par value $0.10 per share, 6,000 shares authorized; 5,211 and 2,651 shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively
130,267	66,268	50,000	50,000	50,000	50,000	50,000	50,000	50,000	0	143,750	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Series B - 8.0% Cumulative Redeemable Preferred Stock, par value $0.10 per share, 2,000,000 shares authorized; 1,801,200 and -0- shares issued and outstanding as of December 31, 2015 and 2014, respectively
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common Stock - $0.10 par value per share; 123,664 shares authorized; 41,166 and 41,130 shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively
4,117	4,113	4,081	4,015	3,915	3,832	3,746	3,689	3,631	3,548	3,468	3,344	3,067	2,938	2,831	2,761	2,717	2,708	2,679	2,602	2,529	2,437	2,328	2,245	2,167	2,076	1,957	1,862	1,780	1,711	1,659	1,626	1,581	1,525	1,484	1,454	1,370
Excess Stock - $0.10 par value per share; 3,000 shares authorized; no shares issued or outstanding as of March 31, 2020 and December 31, 2019
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Additional Paid-In Capital
112,294	162,542	169,137	162,556	167,362	157,450	161,254	170,723	154,805	168,034	163,326	156,874	121,227	111,422	104,182	102,285	104,444	109,629	115,240	113,852	113,078	110,422	105,172	112,147	104,544	96,504	100,729	91,509	82,959	76,110	81,135	78,007	74,374	69,088	73,571	71,440	64,775
Accumulated Other Comprehensive Income
-	-	-	-	-	-	0	0	0	11,519	12,831	10,815	14,675	16,713	20,940	16,309	6,432	-2,056	-4,231	-1,836	5,376	5,040	2,573	5,437	4,403	1,076	1,781	5,239	7,911	6,236	7,300	9,645	6,522	2,461	-898	5,739	6,450
Undistributed Income (Accumulated Deficit)
-25,364	-25,364	-25,363	-25,363	-25,363	-25,364	-667	-667	-667	-667	-667	-667	-667	-667	-667	-667	-667	-667	-667	-667	-667	-667	-667	-10,245	-5,842	-667	-9,672	-5,127	-1,563	-667	-7,026	-4,232	-2,418	-667	-6,022	-3,426	-667
Total Shareholders' Equity
560,081	546,339	536,634	529,987	434,694	424,698	453,113	462,525	446,548	421,215	417,739	356,991	324,927	317,031	313,910	307,313	249,552	246,238	204,615	205,545	211,912	208,827	201,002	201,179	196,868	190,585	186,390	185,078	182,683	174,985	143,414	145,391	113,530	105,877	101,605	108,678	71,927
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY
999,175	1,025,453	1,010,152	915,286	899,708	880,902	868,504	862,752	813,387	823,881	785,795	746,221	725,782	680,444	669,036	652,048	624,039	600,317	551,135	506,012	491,321	478,268	466,102	449,835	436,139	407,979	391,584	383,487	362,710	300,281	280,193	255,122	230,773	223,944	214,881	211,434	188,780