UMH PROPERTIES, INC. UMH Income Statement

Umh properties, inc. (UMH)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09
INCOME:
Rental and Related Income
128,611	113,833	101,801	90,679	74,762	63,886	53,477	38,012	32,990	27,877	26,491
Sales of Manufactured Homes
17,980	15,754	10,847	8,534	6,754	7,545	8,727	8,815	6,323	6,133	5,527
Total Income
146,591	129,587	112,648	99,213	81,516	71,431	62,205	46,827	39,313	34,010	32,019
EXPENSES:
Community Operating Expenses
61,708	52,949	47,847	42,638	37,049	33,592	29,140	20,564	17,758	14,870	13,200
Cost of Sales of Manufactured Homes
12,938	11,716	8,471	6,466	5,058	5,832	7,204	7,903	5,747	5,721	5,060
Selling Expenses
5,079	3,774	3,095	2,852	2,788	2,983	1,985	2,152	2,104	1,718	1,198
General and Administrative Expenses
10,046	10,880	9,646	8,004	7,345	6,465	6,541	5,374	3,854	2,994	3,115
Stock Compensation Expense
-	-	-	-	-	-	-	-	-	101	-
Franchise Taxes
-	-	-	-	-	-	-	-	125	150	-
Loss Relating to Flood
-	-	-	-	-	-	-	-	984	0	-
Acquisition Costs
-	-	-	79	957	483	1,455	862	260	447	-
Depreciation Expense
36,811	31,691	27,558	23,214	18,877	15,163	11,681	7,357	5,962	4,516	4,082
Total Expenses
126,582	111,010	96,617	83,255	72,076	64,521	58,009	44,214	36,797	30,520	26,911
OTHER INCOME (EXPENSE):
Interest Income
2,619	2,255	2,007	1,584	1,819	2,098	2,186	2,027	1,991	2,817	-
Dividend Income
7,535	10,367	8,135	6,636	4,399	4,065	3,481	3,243	2,512	1,762	-
Gain on Sales of Marketable Securities, net
0	20	1,748	2,285	204	1,542	4,055	4,092	2,692	3,931	-1,804
Increase (Decrease) in Fair Value of Marketable Securities
14,915	-51,675	0	0	-	-	-	-	-	-	-
Interest and Dividend Income
-	-	-	-	-	-	-	-	-	-	4,584
Other Income
588	410	705	504	435	328	211	643	77	68	76
Interest Expense
17,805	16,039	15,877	15,432	14,074	10,716	7,849	5,803	5,744	5,183	4,455
Amortization of Financing Costs
-	-	-	-	-	-	462	302	376	210	253
Total Other Income (Expense)
7,852	-54,662	-3,282	-4,421	-7,215	-2,680	1,622	3,902	1,151	3,187	-1,598
Income (Loss) Before Loss on Sales of Investment Property and Equipment
27,861	-36,085	12,749	11,536	2,224	4,230	5,818	6,515	3,667	6,677	3,509
Loss on Sales of Investment Property and Equipment
-111	-131	-81	-2	-80	7	18	-41	28	-8	179
Net Income (Loss)
27,750	-36,216	12,668	11,534	2,144	4,237	5,836	6,474	3,696	6,668	3,689
Less: Preferred Dividends
25,184	20,316	16,845	14,103	8,267	-7,556	7,556	4,724	1,656	0	-
Less: Redemption of Preferred Stock
0	0	3,502	0	0	-	-	-	-	-	-
Net Income (Loss) Attributable to Common Shareholders
2,566	-56,532	-7,679	-2,568	-6,122	-3,318	-1,719	1,749	2,039	6,668	3,689
Net Income (Loss) Attributable to Common Shareholders
-	-	-	-0.10	-0.24	-0.15	-	-	-	-	-
Basic Income (Loss) Per Share:
Net Income (Loss)
-	-	-	-	-	-	0.31	0.40	0.25	0.52	0.32
Less: Preferred Dividends
-	-	-	-	-	-	0.40	0.29	0.11	0.00	-
Net Income (Loss)
0.70	-0.98	0.39	-	-	-	-0.09	0.11	0.14	0.52	0.32
Net Income (Loss)
-	-	-	0.41	0.08	0.19	-	-	-	-	-
Less: Preferred Dividends
0.63	0.55	0.52	0.51	-0.32	-0.34	-	-	-	-	-
Less: Redemption of Preferred Stock
0.00	0.00	-0.11	-	-	-	-	-	-	-	-
Net Income (Loss) Attributable to Common Shareholders
0.07	-1.53	-0.24	-	-	-	-	-	-	-	-
Diluted Income (Loss) Per Share:
Net Income (Loss)
-	-	-	-	-	-	0.31	0.40	0.25	0.52	0.32
Less: Preferred Dividends
0.63	0.55	0.52	0.51	-	-	0.40	0.29	0.11	0.00	-
Net Income (Loss)
0.69	-0.98	0.39	-	-	-	-0.09	0.11	0.14	0.52	0.32
Less: Preferred Dividends
-0.63	-0.55	-0.52	-	-	-	-	-	-	-	-
Less: Redemption of Preferred Stock
0.00	0.00	-0.11	-	-	-	-	-	-	-	-
Net Income (Loss) Attributable to Common Shareholders
0.06	-1.53	-0.24	-	-	-	-	-	-	-	-
Weighted Average Common Shares Outstanding:
Basic and Diluted
-	-	-	27,808	25,932	22,496	-	-	-	-	-
Basic
39,909	36,871	32,676	-	-	-	18,724	16,197	14,506	12,767	11,412
Diluted
40,203	36,871	32,676	-	-	-	18,789	16,260	14,562	12,822	11,417