W. p. carey inc. (WPC)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
Revenues
Real Estate:
Rental income

-

-

-

-

-

-

-

-

-

41,552

-

-

Interest income from direct financing leases

-

-

-

-

-

-

-

-

10,278

9,542

-

-

Lease revenues

-

-

-

-

656,956

573,829

299,624

-

59,896

-

-

-

Lease revenues

-

-

-

-

-

-

-

119,296

49,618

-

-

-

Operating property revenues

-

-

-

-

30,515

28,925

956

925

7,168

14,195

14,698

20,658

Lease termination income and other

-

-

-

-

25,145

17,767

2,071

1,492

-

-

-

-

Total real estate revenue

-

-

-

-

735,448

645,383

315,965

129,181

-

-

-

-

Related Party Transactions [Abstract]
Total lease revenues

-

-

-

-

-

-

-

-

-

51,094

54,081

66,784

Revenue from the Managed Programs

-

-

-

-

202,935

263,063

173,886

223,180

-

-

-

-

Revenues

1,232,766

885,732

848,302

941,533

938,383

908,446

489,851

352,361

309,711

257,179

223,898

234,700

Operating Expenses
Depreciation and amortization

447,135

291,440

253,334

276,510

280,315

237,123

121,822

44,427

20,481

17,433

18,375

23,082

General and administrative

75,293

68,337

70,891

82,352

103,172

91,588

67,063

68,854

75,850

73,423

63,817

62,669

Property acquisition and other expenses

-

-

-

-

-

34,465

9,230

31,639

33

-

-

-

Impairment charges

32,539

4,790

2,769

59,303

29,906

23,067

5,294

0

-1,365

1,140

3,516

473

Reimbursable tenant costs

55,576

28,076

21,524

-

22,832

24,862

13,314

7,468

64,829

60,023

47,534

41,100

Property expenses, excluding reimbursable tenant costs

39,545

22,773

17,330

26,804

52,199

37,725

8,082

4,555

8,852

7,683

-

-

Operating property expenses

38,015

20,150

23,426

22,627

-

-

-

-

-

-

-

-

Reimbursable costs from affiliates

16,547

21,925

51,445

91,871

78,669

155,074

86,886

105,713

64,829

60,023

47,534

41,100

Stock-based compensation expense

18,787

18,294

18,917

18,015

21,626

31,075

37,195

26,052

17,750

-

-

-

Property expenses

-

-

-

-

-

-

-

-

-

-

6,694

6,496

Subadvisor fees

7,579

9,240

13,600

14,141

11,303

5,501

4,106

464

-

-

-

-

Merger and other expenses

101

41,426

605

5,377

-7,764

-

-

-

-

-

-

-

Restructuring and other compensation

0

0

9,363

11,925

0

0

-

-

-

-

-

-

Dealer manager fees and expenses

0

0

6,544

12,808

11,403

21,760

13,028

17,787

478

4,574

7,308

8,196

Costs and Expenses

731,117

526,451

489,748

621,733

580,829

637,378

352,706

299,491

186,908

164,276

147,244

142,016

Other Income and Expenses
Interest Expense

233,325

178,375

165,775

183,409

194,326

178,122

103,728

46,448

18,210

15,539

14,462

18,598

Equity in (losses) earnings of equity method investments in the Managed Programs and real estate

23,229

61,514

64,750

64,719

51,020

44,116

52,731

62,392

51,228

30,992

13,425

14,198

Gain on sale of real estate, net

18,143

118,605

33,878

71,318

-

-

-

-

-

-

-

-

Other interest income

-

-

-

-

-

-

-

-

1,996

1,269

1,713

2,883

Gain on sale of investment in direct financing lease

-

-

-

-

-

-

-

-

-

-

-

1,103

Other Nonoperating Income (Expense)

31,475

29,913

-3,613

5,667

2,113

-14,230

9,421

2,389

4,579

627

7,357

1,444

Gain (Loss) On Change In Control Of Interests

-8,416

47,814

0

0

-

105,947

0

20,744

27,859

781

0

-

Nonoperating Income (Expense)

-168,894

79,471

-70,760

-41,705

-141,193

-42,289

-41,576

39,077

67,452

18,130

8,033

1,030

Income before income taxes

332,755

438,752

287,794

278,095

216,361

228,779

95,569

91,947

190,255

111,033

-

-

Benefit from income taxes

26,211

14,411

2,711

3,288

37,621

17,609

1,252

6,772

37,214

25,852

22,784

23,521

Income before gain on sale of real estate

-

-

-

-

178,740

-

-

-

-

-

-

-

Income from continuing operations before income taxes

-

-

-

-

-

-

-

-

-

-

84,687

93,714

Income before gain on sale of real estate

-

-

-

-

-

211,170

94,317

85,175

153,041

85,181

61,903

70,193

Gain (loss) on sale of real estate, net of tax

-

-

-

-

-

-

-

-

-3,391

-

7,701

-

Income from operations of discontinued properties, net of tax

-

-

-

-

-

-

-

-

318

3,551

7,872

8,950

Gain on deconsolidation of a subsidiary, net of tax

-

-

-

-

-

-

-

-

1,008

0

0

-

Impairment charges, net of tax

-

-

-

-

-

-

-

-

11,838

14,241

6,908

538

Loss on extinguishment of debt, net of tax

-

-

-

-

-

-

-

-

0

-

-

-

Income from discontinued operations, net of tax

-

-

-

-

-

33,318

38,180

-24,735

-13,903

-10,230

8,665

8,412

Gain (Loss) on Sale of Properties, Net of Applicable Income Taxes

-

-

-

-

6,487

1,581

-332

2,339

-

460

-

-

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

306,544

424,341

285,083

274,807

185,227

246,069

132,165

62,779

139,138

74,951

70,568

78,605

Net Income (Loss) Attributable to Noncontrolling Interest

1,301

12,775

7,794

7,060

12,969

6,385

32,936

607

-1,864

-314

-713

-950

Net loss attributable to redeemable noncontrolling interest

-

-

-

-

-

-142

353

40

1,923

1,293

2,258

1,508

Net Income Attributable to W. P. Carey

305,243

411,566

277,289

267,747

172,258

239,826

98,876

62,132

139,079

73,972

69,023

78,047

Basic Earnings Per Share
Basic Earnings Per Share (usd per share)

1.78

3.50

2.56

2.50

1.62

2.08

1.22

1.83

3.78

2.12

1.52

1.77

Income from discontinued operations attributable to W. P. Carey (usd per share)

-

-

-

-

-

0.34

0.21

-0.53

-0.34

-0.26

0.22

0.21

Net Income Attributable to W. P. Carey (usd per share)

-

-

-

-

-

2.42

1.43

1.30

3.44

1.86

1.74

1.98

Diluted Earnings Per Share
Diluted Earnings Per Share (usd per share)

1.78

3.49

2.56

2.49

1.61

2.06

1.21

1.80

3.76

2.11

1.52

1.74

Income from discontinued operations attributable to W. P. Carey (usd per share)

-

-

-

-

-

0.33

0.20

-0.52

-0.34

-0.25

0.22

0.21

Net Income Attributable to W. P. Carey (usd per share)

-

-

-

-

-

2.39

1.41

1.28

3.42

1.86

1.74

1.95

Weighted-Average Shares Outstanding
Basic (in shares)

171,001

117,494

107,824

106,743

105,675

98,764

68,691

47,389

39,819

39,514

39,019

39,202

Diluted (in shares)

171,299

117,706

108,035

107,073

106,507

99,827

69,708

48,078

40,098

40,007

39,712

40,221

Amounts Attributable to W. P. Carey
Income from continuing operations, net of tax

-

-

-

-

-

206,329

84,637

87,571

153,011

84,202

60,358

69,635

Income from discontinued operations, net of tax

-

-

-

-

-

33,497

14,239

-25,439

-13,932

-10,230

8,665

8,412

Net Income Attributable to W. P. Carey

305,243

411,566

277,289

267,747

172,258

239,826

98,876

62,132

139,079

73,972

69,023

78,047

Real Estate
Lease termination income and other

36,268

6,555

4,749

35,696

-

-

-

-

-

-

-

-

Gross contract revenue

50,220

28,072

30,562

-

-

-

-

-

-

-

-

-

Gross contract revenue

50,220

28,072

30,562

-

-

-

-

-

-

-

-

-

Revenues

1,172,863

779,125

687,208

755,364

-

-

-

-

-

-

-

-

Depreciation and amortization

443,300

287,461

249,432

272,274

-

-

-

-

-

-

-

-

General and administrative

56,796

47,210

39,002

34,591

-

-

-

-

-

-

-

-

Impairment charges

32,539

4,790

2,769

59,303

-

-

-

-

-

-

-

-

Reimbursable tenant costs

55,576

28,076

21,524

25,438

-

-

-

-

-

-

-

-

Property expenses, excluding reimbursable tenant costs

39,545

22,773

17,330

26,804

-

-

-

-

-

-

-

-

Operating property expenses

38,015

20,150

23,426

22,627

-

-

-

-

-

-

-

-

Stock-based compensation expense

13,248

10,450

6,960

5,224

-

-

-

-

-

-

-

-

Merger and other expenses

101

41,426

605

2,993

-

-

-

-

-

-

-

-

Costs and Expenses

679,120

462,336

361,048

453,667

-

-

-

-

-

-

-

-

Interest Expense

233,325

178,375

165,775

183,409

-

-

-

-

-

-

-

-

Equity in (losses) earnings of equity method investments in the Managed Programs and real estate

2,361

13,341

13,068

12,928

-

-

-

-

-

-

-

-

Gain on sale of real estate, net

18,143

118,605

33,878

71,318

-

-

-

-

-

-

-

-

Other Nonoperating Income (Expense)

30,251

30,015

-5,655

3,665

-

-

-

-

-

-

-

-

Gain (Loss) On Change In Control Of Interests

-8,416

18,792

0

-

-

-

-

-

-

-

-

-

Nonoperating Income (Expense)

-190,986

2,378

-124,484

-95,498

-

-

-

-

-

-

-

-

Income before income taxes

302,757

319,167

201,676

206,199

-

-

-

-

-

-

-

-

Benefit from income taxes

30,802

-844

1,743

-3,418

-

-

-

-

-

-

-

-

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

271,955

320,011

199,933

209,617

-

-

-

-

-

-

-

-

Net Income (Loss) Attributable to Noncontrolling Interest

-110

12,775

7,794

7,060

-

-

-

-

-

-

-

-

Net Income Attributable to W. P. Carey

272,065

307,236

192,139

202,557

-

-

-

-

-

-

-

-

Investment Management
Gross contract revenue

59,903

106,607

161,094

186,169

-

-

-

-

-

-

-

-

Gross contract revenue

59,903

106,607

161,094

186,169

-

-

-

-

-

-

-

-

Depreciation and amortization

3,835

3,979

3,902

4,236

-

-

-

-

-

-

-

-

General and administrative

18,497

21,127

31,889

47,761

-

-

-

-

-

-

-

-

Merger and other expenses

-

-

-

2,384

-

-

-

-

-

-

-

-

Reimbursable costs from affiliates

16,547

21,925

51,445

66,433

-

-

-

-

-

-

-

-

Stock-based compensation expense

5,539

7,844

11,957

12,791

-

-

-

-

-

-

-

-

Subadvisor fees

7,579

9,240

13,600

14,141

-

-

-

-

-

-

-

-

Restructuring and other compensation

0

0

9,363

7,512

-

-

-

-

-

-

-

-

Dealer manager fees and expenses

0

0

6,544

12,808

-

-

-

-

-

-

-

-

Costs and Expenses

51,997

64,115

128,700

168,066

-

-

-

-

-

-

-

-

Equity in (losses) earnings of equity method investments in the Managed Programs and real estate

20,868

48,173

51,682

51,791

-

-

-

-

-

-

-

-

Gain On Change In Control Of Interests

-

-

-

0

-

-

-

-

-

-

-

-

Other Nonoperating Income (Expense)

1,224

-102

2,042

2,002

-

-

-

-

-

-

-

-

Gain (Loss) On Change In Control Of Interests

0

29,022

0

-

-

-

-

-

-

-

-

-

Nonoperating Income (Expense)

22,092

77,093

53,724

53,793

-

-

-

-

-

-

-

-

Income before income taxes

29,998

119,585

86,118

71,896

-

-

-

-

-

-

-

-

Benefit from income taxes

-4,591

15,255

968

6,706

-

-

-

-

-

-

-

-

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

34,589

104,330

85,150

-

-

-

-

-

-

-

-

-

Net Income (Loss) Attributable to Noncontrolling Interest

1,411

0

0

-

-

-

-

-

-

-

-

-

Net Income Attributable to W. P. Carey

33,178

104,330

85,150

65,190

-

-

-

-

-

-

-

-

Asset management revenue
Gross contract revenue

-

-

-

61,879

49,984

38,063

42,670

56,666

66,808

76,246

76,621

80,714

Reimbursable costs from affiliates
Gross contract revenue

-

-

-

66,433

55,837

130,212

73,572

98,245

-

-

-

-

Structuring revenue
Gross contract revenue

-

-

-

47,328

92,117

71,256

46,589

48,355

46,831

44,525

23,273

20,236

Other advisory revenue
Gross contract revenue

-

-

-

2,435

203

0

199

0

52,515

0

0

-

Dealer manager fees
Gross contract revenue

-

-

-

8,002

4,794

23,532

10,856

19,914

11,664

11,096

7,691

5,208

Owned Real Estate Segment [Member]
Reimbursable tenant and affiliate costs

-

-

-

25,438

-

-

-

-

-

-

-

-

Restructuring and other compensation

-

-

-

4,413

-

-

-

-

-

-

-

-

Gain On Change In Control Of Interests

-

-

-

0

-

-

-

-

-

-

-

-