UMH PROPERTIES, INC. UMH Income Statement

Umh properties, inc. (UMH)

Income statement / TTM

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	Mar'11	Sep'10	Jun'10
INCOME:
Rental and Related Income
132,325	128,611	124,576	120,357	117,206	113,833	110,358	107,484	104,541	101,801	99,045	96,293	93,423	90,679	87,952	83,819	79,333	74,762	71,037	68,423	66,254	63,886	61,059	58,696	56,682	53,477	49,899	45,742	40,894	38,012	36,033	34,679	33,820	32,990	31,548	29,837	0	0	0
Sales of Manufactured Homes
17,552	17,980	18,514	18,852	16,871	15,754	13,679	11,791	11,454	10,847	10,049	9,471	8,734	8,534	8,041	8,514	7,343	6,754	7,434	6,908	7,671	7,545	7,920	7,982	7,945	8,727	8,485	8,574	8,468	8,815	9,214	8,047	7,367	6,323	5,208	5,117	0	0	0
Total Income
149,877	146,591	143,091	139,209	134,078	129,587	124,038	119,276	115,995	112,648	109,095	105,765	102,158	99,213	95,994	92,334	86,676	81,516	78,471	75,331	73,926	71,431	68,979	66,678	64,627	62,205	58,384	54,317	49,363	46,827	45,248	42,726	41,187	39,313	36,757	34,955	0	0	0
EXPENSES:
Community Operating Expenses
62,072	61,708	60,075	57,592	55,338	52,949	50,935	49,965	49,121	47,847	46,314	44,715	43,562	42,638	41,753	40,372	38,792	37,049	35,643	34,914	34,117	33,592	33,889	32,903	31,481	29,140	26,086	23,756	21,717	20,564	19,477	18,832	18,317	17,758	17,203	16,204	0	0	0
Cost of Sales of Manufactured Homes
12,750	12,938	13,426	13,667	12,324	11,716	10,412	9,115	8,947	8,471	7,653	7,241	6,655	6,466	6,127	6,414	5,491	5,058	5,652	5,241	5,946	5,832	6,249	6,414	6,448	7,204	7,104	7,364	7,453	7,903	8,371	7,330	6,735	5,747	4,799	4,795	0	0	0
Selling Expenses
5,085	5,079	4,663	4,312	4,060	3,774	3,546	3,359	3,139	3,095	3,043	3,018	2,828	2,852	2,917	2,903	2,886	2,788	2,795	2,854	2,948	2,983	2,826	2,519	2,197	1,985	2,041	2,031	2,230	2,152	2,190	2,288	2,150	2,104	1,928	1,687	0	0	0
General and Administrative Expenses
10,457	10,046	10,590	10,570	10,696	10,880	10,655	10,450	9,802	9,646	9,262	9,201	8,510	8,004	8,014	7,519	7,385	7,345	6,846	6,548	6,518	6,465	6,999	7,186	6,929	6,541	6,142	5,687	5,368	5,374	4,387	4,286	4,109	3,854	3,924	3,535	0	0	0
Franchise Taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-
Acquisition Costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	957	456	492	304	483	974	877	1,149	1,455	1,066	1,455	1,370	862	778	431	0	-	0	0	-	-	0
Depreciation Expense
38,287	36,811	35,290	33,951	32,847	31,691	30,707	29,636	28,612	27,558	26,381	25,289	24,228	23,214	22,504	21,403	20,175	18,877	17,577	16,732	15,954	15,163	14,264	13,392	12,729	11,681	10,594	9,454	8,137	7,357	6,822	6,473	6,175	5,962	5,540	5,029	0	0	0
Total Expenses
128,651	126,582	124,045	120,094	115,267	111,010	106,258	102,526	99,623	96,617	92,683	89,545	85,864	83,255	81,876	79,275	75,583	72,076	68,972	66,784	65,789	64,521	65,005	63,163	60,870	58,009	53,134	49,816	46,311	44,214	43,149	40,621	38,898	36,797	33,776	31,823	0	0	0
OTHER INCOME (EXPENSE):
Interest Income
2,821	2,619	2,472	2,385	2,299	2,255	2,097	2,044	2,003	2,007	1,857	1,747	1,649	1,584	1,639	1,681	1,750	1,819	1,882	1,958	2,030	2,098	2,150	2,183	2,195	2,186	2,180	2,140	2,088	2,027	1,979	0	0	-	0	-	-	-	-
Dividend Income
7,341	7,535	8,497	9,342	9,878	10,367	9,991	9,355	8,677	8,135	7,548	7,235	7,063	6,636	6,011	5,376	4,759	4,399	4,229	4,103	4,101	4,065	4,046	3,946	3,690	3,481	3,333	3,268	3,317	3,243	3,057	0	0	-	0	-	-	-	-
Gain on Sales of Marketable Securities, net
-	-	-0	-0	-	20	0	0	0	-	-	-	-	2,285	1,975	1,138	378	204	397	406	1,092	1,542	1,534	1,590	1,254	4,055	4,390	5,492	6,189	4,092	4,160	3,431	2,363	2,692	2,638	2,854	0	0	0
Increase (Decrease) in Fair Value of Marketable Securities
-32,274	14,915	-16,434	-36,156	-17,180	-51,675	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Investment Income (Loss), net
-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest and Dividend Income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0
Other Income
631	588	499	463	462	410	447	439	724	705	701	721	459	504	538	546	479	435	177	223	326	328	473	337	234	211	218	206	653	643	622	607	82	77	71	57	0	0	0
Interest Expense
17,583	17,805	17,533	17,385	17,105	16,039	15,631	15,254	15,399	15,877	15,869	15,772	15,556	15,432	21,795	21,471	20,949	14,074	7,097	6,410	5,566	10,716	9,644	9,017	8,378	7,849	7,155	6,708	6,051	5,803	5,795	5,480	5,720	5,744	5,682	5,519	0	0	0
Amortization of Financing Costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	591	550	507	462	344	330	307	302	349	355	365	376	297	275	0	0	0
Total Other Income (Expense)
-39,064	7,852	-22,498	-41,349	-21,644	-54,662	-22,575	-11,942	-28,125	-3,282	-3,889	-3,777	-4,331	-4,421	-5,747	-6,845	-7,698	-7,215	-5,909	-5,346	-3,783	-2,680	-2,031	-1,509	-1,511	1,622	2,622	4,069	5,889	3,902	3,639	3,007	997	1,151	1,347	1,888	0	0	0
Income (Loss) before Loss on Sales of Investment Property and Equipment
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) Before Loss on Sales of Investment Property and Equipment
-	-	-3,452	-22,234	-	-36,085	-4,795	4,807	-11,753	12,749	12,522	12,441	11,962	11,536	8,369	6,213	3,395	2,224	3,589	3,200	4,353	4,230	1,943	2,005	2,246	5,818	7,872	8,569	8,941	6,515	5,738	5,112	3,287	3,667	4,327	5,019	0	0	0
Loss on Sales of Investment Property and Equipment
-197	-111	-58	-59	-136	-131	-159	-150	-72	-81	-8	10	-48	-2	-37	-33	-62	-80	-55	-85	34	7	-2	107	9	18	-2	-95	-67	-41	-21	-8	33	28	23	11	0	0	0
Net Income (Loss)
-18,035	27,750	-3,511	-22,293	-2,970	-36,216	-4,955	4,656	-11,825	12,668	12,514	12,452	11,913	11,534	8,332	6,179	3,332	2,144	3,533	3,115	4,388	4,237	1,941	2,112	2,255	5,836	7,869	8,474	8,873	6,474	5,717	5,104	3,321	3,696	4,351	5,030	0	0	0
Less: Preferred Dividends
28,151	25,184	23,342	21,655	20,492	20,316	19,519	19,334	18,001	16,845	23,776	22,627	15,103	14,103	5,445	3,544	9,167	8,267	-7,556	-7,556	-7,556	-7,556	7,556	7,556	7,556	7,556	7,526	6,881	5,923	4,724	3,555	2,587	0	-	0	0	-	-	0
Less: Redemption of Preferred Stock
-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss) Attributable to Common Shareholders
-46,186	2,566	-26,854	-43,949	-23,463	-56,532	-24,473	-18,180	-33,329	-7,679	-7,296	-2,706	-3,189	-2,568	-4,581	-4,833	-5,835	-6,122	-4,023	-4,441	-3,168	-3,318	-5,615	-5,443	-5,301	-1,719	342	1,592	2,950	1,749	2,161	2,102	974	2,039	3,384	4,754	0	0	0
Net Income (Loss) Attributable to Common Shareholders
-	-	0.14	-	-	-	-0.31	-	-	-	-0.15	-	-0.05	-0.02	-0.02	-0.03	-0.03	-	-0.03	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic Income (Loss) Per Share:
Net Income (Loss)
-	-	-	0.01	-	-	-	0.55	-0.62	-	-	0.11	-	-	-	-	-	-	-	0.01	0.03	-	0.03	0.06	0.03	-0.05	0.04	0.08	0.24	0.08	0.08	0.13	0.11	0.03	0.05	0.02	0.15	0.09	0.12
Less: Preferred Dividends
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.23	-0.08	-	0.09	0.08	0.09	0.09	0.10	0.10	0.11	0.11	0.08	0.06	0.04	-	0.05	0.02	-	-	0.00
Net Income (Loss)
-0.84	-	-	-0.15	0.29	-	-	0.41	-0.76	-	-	-0.01	-	-	-	-	-	-	-	-0.06	-0.05	-	-0.06	-0.02	-0.06	-0.14	-0.06	-0.02	0.13	-0.03	0.00	0.07	0.07	-0.01	0.00	0.00	0.15	0.09	0.12
Net Income (Loss)
-	-	0.31	-	-	-	-0.17	-	-	-	0.10	-	0.08	0.11	0.12	0.11	0.07	-	0.04	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less: Preferred Dividends
0.20	0.17	0.17	0.16	0.13	0.13	0.14	0.14	0.14	0.39	0.14	0.12	-0.13	0.61	-0.14	0.14	-0.10	-	0.07	0.07	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss) Attributable to Common Shareholders
-1.04	-	-	-	0.16	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted Income (Loss) Per Share:
Net Income (Loss)
-	-	-	0.01	-	-	-	0.54	-0.62	-	-	0.11	-	-	-	-	-	-	-	0.01	0.03	-	0.03	0.06	0.03	-0.05	0.04	0.08	0.24	0.08	0.08	0.13	0.11	0.03	0.05	0.02	0.15	0.09	0.12
Less: Preferred Dividends
-	-	-	0.16	-	-	-	0.14	-0.14	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.05	0.02	-	-	-
Less: Preferred Dividends
0.20	0.17	0.17	0.16	0.13	0.13	0.14	0.14	0.14	-	0.14	0.12	-	-	-	-	-	-	-	0.07	-0.08	-	0.09	0.08	0.09	0.09	0.10	0.10	0.11	0.11	0.08	0.06	0.04	-	-	-	-	-	0.00
Net Income (Loss)
-0.84	-	-	-0.15	0.28	-	-	0.40	-0.76	-	-	-0.01	-	-	-	-	-	-	-	-0.06	-0.05	-	-0.06	-0.02	-0.06	-0.14	-0.06	-0.02	0.13	-0.03	0.00	0.07	0.07	-0.01	0.00	0.00	0.15	0.09	0.12
Less: Preferred Dividends
-0.20	-	-	-	-0.13	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss) Attributable to Common Shareholders
-1.04	-	-	-	0.15	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted Average Common Shares Outstanding:
Basic and Diluted
-	-	-	-	-	-	-	-	-	-	34,102	-	29,954	28,911	27,891	27,314	27,117	-	26,388	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic
41,173	40,828	40,513	39,649	38,645	37,824	37,151	36,600	35,907	-	-	31,769	-	-	-	-	-	-	-	25,645	24,796	-	22,838	22,054	21,261	20,192	19,067	18,196	17,441	16,855	16,395	16,042	15,495	15,019	14,717	14,362	13,927	12,801	12,587
Diluted
41,173	41,514	40,753	39,649	38,895	37,454	37,151	36,971	35,907	-	-	31,769	-	-	-	-	-	-	-	25,702	24,840	-	22,889	22,104	21,307	20,392	19,067	18,196	17,501	16,912	16,466	16,107	15,553	15,068	14,773	14,420	13,986	12,866	12,636