Weingarten Realty Investors WRI Income Statement

Weingarten realty investors (WRI)

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	Dec'08
Revenues:
Rentals, net
472,446	517,836	563,183	537,265	502,464	503,128	477,340	439,993	418,938	458,750	534,374	578,859
Other
14,179	13,311	9,980	12,290	10,380	11,278	11,855	11,184	13,678	12,534	17,852	13,788
Total
486,625	531,147	573,163	549,555	512,844	514,406	489,195	451,177	432,616	471,284	552,226	592,647
Operating Expenses:
Depreciation and amortization
135,674	161,838	167,101	162,535	145,940	150,356	146,763	127,703	119,933	125,302	142,549	149,795
Operating
94,620	90,554	109,310	98,855	94,244	95,318	97,099	88,924	81,916	90,881	99,540	113,472
Real estate taxes, net
60,813	69,268	75,636	66,358	60,289	60,768	57,515	52,066	50,250	53,173	67,346	70,608
Impairment loss
74	10,120	15,257	98	153	1,024	2,579	9,585	49,671	33,317	34,983	52,539
General and administrative
35,914	25,040	28,052	26,607	27,524	24,902	25,371	28,538	25,461	24,944	25,921	25,761
Total Operating Expenses
327,095	356,820	395,356	354,453	328,150	332,368	329,327	306,816	327,231	327,617	370,339	412,175
Other Income (Expense):
Operating Income
-	-	-	-	184,694	182,038	159,868	144,361	105,385	143,667	181,887	180,472
Interest expense, net
57,601	63,348	80,326	83,003	87,783	94,725	96,312	106,248	130,478	145,391	152,041	156,318
Interest and other (expense) income, net
11,003	2,807	7,532	1,910	4,563	3,756	7,685	6,047	5,059	9,823	11,425	4,333
Income from Continuing Operations
-	-	-	-	121,601	116,365	132,977	56,880	-12,202	20,935	84,549	72,206
Operating Income from Discontinued Operations
-	-	-	-	-	342	12,214	25,918	16,989	27,205	9,696	11,669
Gain on Sale of Property from Discontinued Operations
-	-	-	-	-	44,582	119,203	68,619	10,648	1,093	55,765	68,722
Income from Discontinued Operations
-	-	-	-	-	44,924	131,417	94,537	27,637	28,298	65,461	80,391
Gain on sale of property
189,914	207,865	218,611	100,714	59,621	146,290	762	1,004	1,304	2,005	25,266	1,998
Loss on Redemption of Convertible Senior Unsecured Notes
-	-	-	-	-	-	-	-	-	-135	25,311	12,961
Gain on sale and acquisition of real estate joint venture and partnership interests
-	-	-	48,322	879	1,718	33,670	14,203	0	0	-	-
Total Other (Expense) Income
143,316	147,324	145,817	67,943	-	-	-	-	-	-	-	-
Income Before Income Taxes and Equity in Earnings of Real Estate Joint Ventures and Partnerships
302,846	321,651	323,624	263,045	-	-	-	-	-	-	-	-
Gain on Acquisition
-	-	-	-	-	-	-	-	0	0	-	-
Gain on Land and Merchant Development Sales
-	-	-	-	-	-	-	-	-	-	18,688	8,342
Provision for Income Taxes
1,040	1,378	-17	6,856	52	-1,261	7,046	-75	2	-82	6,269	-10,220
Equity in Earnings of Real Estate Joint Ventures and Partnerships, net
20,769	25,070	27,074	20,642	19,300	22,317	35,112	-1,558	7,834	12,889	5,548	12,196
Net Income
322,575	345,343	350,715	276,831	181,222	307,579	265,156	152,421	16,739	51,238	175,276	154,595
Less: Net Income Attributable to Noncontrolling Interests
7,140	17,742	15,441	37,898	6,870	19,571	44,894	5,781	1,118	5,032	4,174	8,943
Net Income Adjusted for Noncontrolling Interests
-	-	-	-	174,352	288,008	220,262	146,640	15,621	46,206	171,102	145,652
Dividends on Preferred Shares
-	-	-	-	3,830	10,840	18,173	34,930	35,476	35,476	35,476	34,711
Redemption Costs of Preferred Shares
-	-	-	-	9,687	0	17,944	2,500	0	0	-	1,850
Net Income Attributable to Common Shareholders
315,435	327,601	335,274	238,933	160,835	277,168	184,145	109,210	-19,855	10,730	135,626	109,091
Earnings Per Common Share - Basic:
Income from continuing operations attributable to common shareholders (in dollars per share)
-	-	-	-	-	1.91	0.76	0.13	-0.38	-0.14	0.64	0.34
Income from discontinued operations (in dollars per share)
-	-	-	-	-	0.37	0.76	0.77	0.21	0.23	0.60	0.95
Net income attributable to common shareholders (dollars per share)
2.47	2.57	2.62	1.90	1.31	2.28	1.52	0.90	-0.17	0.09	1.24	1.29
Earnings Per Common Share - Diluted:
Income from continuing operations attributable to common shareholders (in dollars per share)
-	-	-	-	-	1.89	0.75	0.13	-0.38	-0.14	0.64	0.34
Income from discontinued operations (in dollars per share)
-	-	-	-	-	0.36	0.75	0.77	0.21	0.23	0.59	0.94
Net income attributable to common shareholders (dollars per share)
2.44	2.55	2.60	1.87	1.29	2.25	1.50	0.90	-0.17	0.09	1.23	1.28
Net Income
322,575	345,343	350,715	276,831	181,222	-	-	-	-	51,238	175,276	154,595
Other Comprehensive Income:
Net unrealized gain (loss) on derivatives
-	-	-	-	-	-	-	-	-	123	-	-7,204
Amortization of loss on derivatives
-	-	-	-	-	-	-	-	-	2,566	-2,481	2,095
Retirement liability adjustment
-	-	-	-	-	-	-	-	-	505	-3,237	-
Total
-	-	-	-	-	-	-	-	-	2,184	-	-14,201
Minimum pension liability adjustment
-	-	-	-	-	-	-	-	-	-	-	-9,092
Comprehensive Income
-	-	-	-	-	-	-	-	-	53,422	180,994	140,394
Comprehensive Income Attributable to Noncontrolling Interests
-	-	-	-	-	-	-	-	-	5,032	4,174	-8,943
Comprehensive Income Adjusted for Noncontrolling Interests
-	-	-	-	-	-	-	-	-	48,390	176,820	131,451