Washington prime group inc. (WPG)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13
ASSETS:
Investment properties at cost

5,918

5,902

5,940

5,967

5,933

5,914

5,945

5,913

5,820

5,807

5,867

5,870

6,304

6,294

6,564

6,583

6,659

6,656

6,868

6,833

8,378

5,292

5,210

5,260

4,797

4,789

Less: accumulated depreciation

2,411

2,397

2,408

2,379

2,334

2,283

2,265

2,226

2,182

2,139

2,127

2,095

2,172

2,122

2,285

2,270

2,259

2,225

2,288

2,225

2,172

2,113

2,069

2,047

2,006

1,974

Investment properties, net

3,506

3,504

3,531

3,587

3,599

3,630

3,679

3,686

3,638

3,668

3,739

3,774

4,132

4,172

4,279

4,312

4,400

4,430

4,580

4,608

6,206

3,178

3,141

3,213

2,790

2,814

Cash and cash equivalents

39

41

36

30

29

42

73

53

45

52

48

76

94

59

57

63

91

116

121

120

255

108

120

93

29

25

Tenant receivables and accrued revenue, net

81

82

76

77

81

85

78

79

86

90

90

92

96

99

89

83

87

91

88

95

72

69

61

61

55

61

Real estate assets held-for-sale

-

-

-

-

-

-

-

-

-

-

0

0

0

50

0

0

0

30

-

-

-

0

-

-

-

-

Equity Method Investments

416

417

418

421

428

433

446

443

441

451

465

458

442

458

459

468

474

488

494

478

15

0

5

5

5

3

Deferred costs and other assets

202

205

165

189

171

169

197

207

205

189

210

216

251

266

293

288

311

303

317

323

479

170

170

113

101

97

Total assets

4,246

4,250

4,228

4,307

4,310

4,361

4,474

4,472

4,417

4,451

4,553

4,618

5,017

5,107

5,180

5,216

5,364

5,459

5,601

5,626

7,029

3,528

3,498

3,487

2,982

3,002

LIABILITIES:
Long-term Debt

1,111

1,115

1,170

1,152

978

983

1,090

1,060

1,065

1,157

1,412

1,417

1,610

1,618

1,668

1,672

1,788

1,793

1,806

1,953

2,757

1,435

1,501

1,506

1,276

918

Notes payable

708

957

956

984

983

982

981

981

980

979

979

248

247

247

247

247

247

246

249

249

249

0

-

-

-

-

Unsecured term loans

686

686

686

686

685

685

685

684

684

606

606

1,334

1,334

1,334

1,334

1,333

1,333

1,332

1,000

1,000

500

500

500

500

-

0

Revolving credit facility

524

204

213

218

341

286

315

275

195

154

0

0

291

306

293

256

260

275

588

433

413

413

340

340

-

0

Other indebtedness

97

97

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Bridge loan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

941

-

-

-

-

-

Accounts payable, accrued expenses, intangibles, and deferred revenues

242

260

241

245

216

253

233

251

232

264

273

268

287

309

340

361

360

379

348

329

345

194

152

145

126

151

Distributions payable

3

3

3

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

5

0

-

-

-

-

Cash distributions and losses in unconsolidated entities, at equity

0

15

15

15

15

15

15

15

15

15

15

15

15

15

15

15

15

15

15

15

15

15

15

15

41

41

Other liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15

13

14

11

23

6

3

7

Total liabilities

3,375

3,341

3,287

3,304

3,224

3,209

3,325

3,271

3,176

3,181

3,291

3,287

3,791

3,833

3,902

3,890

4,009

4,046

4,027

3,998

5,360

2,569

2,533

2,514

1,447

1,118

Redeemable noncontrolling interests

3

3

3

3

3

3

3

3

3

3

3

3

3

10

5

5

5

6

6

6

6

0

-

-

-

-

Stockholders' Equity:
Common stock, $0.0001 par value, 350,000,000 shares authorized; 187,353,485 and 186,884,276 issued and outstanding as of March 31, 2020 and December 31, 2019, respectively

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

-

0

-

-

0

-

0

0

-

0

Capital in excess of par value

1,257

1,254

1,253

1,251

1,249

1,247

1,245

1,244

1,241

1,240

1,239

1,238

1,234

1,232

1,236

1,234

1,224

1,225

1,222

1,218

1,215

720

722

719

-

0

SPG Equity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,534

1,565

Accumulated deficit

-675

-655

-625

-573

-509

-456

-464

-418

-381

-350

-353

-295

-384

-346

-325

-280

-252

-214

-70

-28

13

68

73

79

-

0

Accumulated other comprehensive loss

-18

-5

-7

-5

2

6

14

12

11

6

4

5

6

4

-11

-14

-9

1

-2

3

-0

0

-

-

-

-

Total stockholders' equity

765

796

822

874

944

999

998

1,040

1,074

1,099

1,092

1,150

1,060

1,093

1,101

1,141

1,165

1,215

1,350

1,396

1,430

789

795

799

-

1,565

Noncontrolling interests

103

110

115

124

138

148

148

156

162

167

166

177

162

169

171

179

183

191

217

225

232

168

170

173

-

319

Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest

868

906

937

999

1,083

1,148

1,146

1,196

1,237

1,267

1,258

1,327

1,222

1,262

1,272

1,321

1,349

1,407

1,568

1,621

1,662

958

965

972

1,534

1,884

Total liabilities, redeemable noncontrolling interests and equity

4,246

4,250

4,228

4,307

4,310

4,361

4,474

4,472

4,417

4,451

4,553

4,618

5,017

5,107

5,180

5,216

5,364

5,459

5,601

5,626

7,029

3,528

3,498

3,487

2,982

3,002

Equity [Abstract]
Partners' Equity:
Cash distributions and losses in unconsolidated entities, at equity

0

15

15

15

15

15

15

15

15

15

15

15

15

15

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities, redeemable noncontrolling interests and equity

4,246

4,250

4,228

4,307

4,310

4,361

4,474

4,472

4,417

4,451

4,553

4,618

5,017

5,107

5,180

5,216

5,364

5,459

5,601

5,626

7,029

3,528

3,498

3,487

2,982

3,002

Washington Prime Group, L.P.
Investment properties at cost

5,918

5,902

5,940

5,967

5,933

5,914

5,945

5,913

5,820

5,807

5,867

5,870

6,304

-

-

-

-

-

-

-

-

-

-

-

-

-

Less: accumulated depreciation

2,411

2,397

2,408

2,379

2,334

2,283

2,265

2,226

2,182

2,139

2,127

2,095

2,172

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment properties, net

3,506

3,504

3,531

3,587

3,599

3,630

3,679

3,686

3,638

3,668

3,739

3,774

4,132

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash and cash equivalents

39

41

36

30

29

42

73

53

45

52

48

76

94

-

-

-

-

-

-

-

-

-

-

-

-

-

Tenant receivables and accrued revenue, net

81

82

76

77

81

85

78

79

86

90

90

92

96

-

-

-

-

-

-

-

-

-

-

-

-

-

Equity Method Investments

416

417

418

421

428

433

446

443

441

451

465

458

442

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred costs and other assets

202

205

165

189

171

169

197

207

205

189

210

216

251

-

-

-

-

-

-

-

-

-

-

-

-

-

Total assets

4,246

4,250

4,228

4,307

4,310

4,361

4,474

4,472

4,417

4,451

4,553

4,618

5,017

-

-

-

-

-

-

-

-

-

-

-

-

-

Mortgage notes payable

1,111

1,115

-

-

-

983

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term Debt

-

-

1,170

1,152

978

-

1,090

1,060

1,065

1,157

1,412

1,417

1,610

-

-

-

-

-

-

-

-

-

-

-

-

-

Notes payable

708

957

956

984

983

982

981

981

980

979

979

248

247

-

-

-

-

-

-

-

-

-

-

-

-

-

Unsecured term loans

686

686

686

686

685

685

685

684

684

606

606

1,334

1,334

-

-

-

-

-

-

-

-

-

-

-

-

-

Revolving credit facility

524

204

213

218

341

286

315

275

195

154

0

0

291

-

-

-

-

-

-

-

-

-

-

-

-

-

Other indebtedness

97

97

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable, accrued expenses, intangibles, and deferred revenues

242

260

241

245

216

253

233

251

232

264

273

268

287

-

-

-

-

-

-

-

-

-

-

-

-

-

Distributions payable

3

3

3

2

2

2

2

2

2

2

2

2

2

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash distributions and losses in unconsolidated entities, at equity

0

15

15

15

15

15

15

15

15

15

15

15

15

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities

3,375

3,341

3,287

3,304

3,224

3,209

3,325

3,271

3,176

3,181

3,291

3,287

3,791

-

-

-

-

-

-

-

-

-

-

-

-

-

Redeemable noncontrolling interests

3

3

3

3

3

3

3

3

3

3

3

3

3

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities, redeemable noncontrolling interests and equity

4,246

4,250

4,228

4,307

4,310

4,361

4,474

4,472

4,417

4,451

4,553

4,618

5,017

-

-

-

-

-

-

-

-

-

-

-

-

-

General partner

765

796

822

874

944

999

998

1,040

1,074

1,099

1,092

1,150

1,060

-

-

-

-

-

-

-

-

-

-

-

-

-

Limited partners, 34,506,965 and 34,682,956 units issued and outstanding as of March 31, 2020 and December 31, 2019, respectively

102

109

114

123

137

147

147

155

161

166

165

176

161

-

-

-

-

-

-

-

-

-

-

-

-

-

Total partners' equity

867

905

936

998

1,081

1,147

1,145

1,195

1,236

1,266

1,257

1,326

1,221

-

-

-

-

-

-

-

-

-

-

-

-

-

Noncontrolling interests

0

1

1

1

1

1

1

1

1

1

1

1

1

-

-

-

-

-

-

-

-

-

-

-

-

-

Partners' Capital, Including Portion Attributable to Noncontrolling Interest

868

906

937

999

1,083

1,148

1,146

1,196

1,237

1,267

1,258

1,327

1,222

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities, redeemable noncontrolling interests and equity

4,246

4,250

4,228

4,307

4,310

4,361

4,474

4,472

4,417

-

4,553

4,618

5,017

-

-

-

-

-

-

-

-

-

-

-

-

-

Washington Prime Group, L.P. [Member]
Real estate assets held-for-sale

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Total equity

-

-

-

-

-

-

-

1,196

1,237

-

1,258

1,327

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash distributions and losses in unconsolidated entities, at equity

0

15

-

-

-

-

-

-

-

-

-

-

15

-

-

-

-

-

-

-

-

-

-

-

-

-

Series H Preferred Stock [Member]
Preferred stock

104

104

104

104

104

104

104

104

104

104

104

104

104

-

-

-

-

-

-

-

-

-

-

-

-

-

Series I Preferred Stock [Member]
Preferred stock

98

98

98

98

98

98

98

98

98

98

98

98

98

-

-

-

-

-

-

-

-

-

-

-

-

-