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10-Q Filing

CREATIVE MEDIA & COMMUNITY TRUST CORP CIK: 908311 Q2 2017
Filing Information
Form Type 10-Q
Accession Number 0001628280-17-008459
Period End Date 20170630
Filing Date 20170809
Fiscal Year 2017
Fiscal Period Q2
XBRL Instance cmct-20170630.xml
Balance Sheet 64 line items
Line Item Tag Value Unit Period
Investments in real estate, net RealEstateInvestmentPropertyNet $1.61B USD Point-in-time
Investments in real estate, net RealEstateInvestmentPropertyNet $1.14B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $53.52M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $144.45M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $139.10M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $129.01M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $32.16M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $26.71M USD Point-in-time
Accounts receivable, net AccountsAndNotesReceivableNet $15.51M USD Point-in-time
Accounts receivable, net AccountsAndNotesReceivableNet $13.09M USD Point-in-time
Deferred rent receivable and charges, net DeferredRentReceivableAndChargesNet $95.37M USD Point-in-time
Deferred rent receivable and charges, net DeferredRentReceivableAndChargesNet $116.35M USD Point-in-time
Other intangible assets, net FiniteLivedIntangibleAssetsNet $17.62M USD Point-in-time
Other intangible assets, net FiniteLivedIntangibleAssetsNet $15.61M USD Point-in-time
Other assets OtherAssets $89.16M USD Point-in-time
Other assets OtherAssets $92.27M USD Point-in-time
Assets held for sale, net AssetsOfDisposalGroupIncludingDiscontinuedOperation - USD Point-in-time
Assets held for sale, net AssetsOfDisposalGroupIncludingDiscontinuedOperation $125.14M USD Point-in-time
TOTAL ASSETS Assets $1.64B USD Point-in-time
TOTAL ASSETS Assets $2.02B USD Point-in-time
Common stock, par value (in usd per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Common stock, par value (in usd per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 900.00M shares Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 900.00M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 84.05M shares Point-in-time
Debt, net DebtAndCapitalLeaseObligations $846.83M USD Point-in-time
Debt, net DebtAndCapitalLeaseObligations $967.89M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 57.88M shares Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $42.29M USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 57.88M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 84.05M shares Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $39.16M USD Point-in-time
Intangible liabilities, net BelowMarketLeaseNet $3.58M USD Point-in-time
Intangible liabilities, net BelowMarketLeaseNet $1.14M USD Point-in-time
Due to related parties DueToRelatedPartiesCurrentAndNoncurrent $10.01M USD Point-in-time
Due to related parties DueToRelatedPartiesCurrentAndNoncurrent $10.20M USD Point-in-time
Other liabilities OtherLiabilities $31.27M USD Point-in-time
Other liabilities OtherLiabilities $34.06M USD Point-in-time
Liabilities associated with assets held for sale, net LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation $52.89M USD Point-in-time
Liabilities associated with assets held for sale, net LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation - USD Point-in-time
Total liabilities Liabilities $984.42M USD Point-in-time
Total liabilities Liabilities $1.05B USD Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 16) CommitmentsAndContingencies - USD Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 16) CommitmentsAndContingencies - USD Point-in-time
REDEEMABLE PREFERRED STOCK: Series A, $0.001 par value; 36,000,000 shares authorized; 308,775 and 61,435 shares issued and outstanding at June 30, 2017 and December 31, 2016, respectively; liquidation preference of $25.00 per share TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests $1.43M USD Point-in-time
REDEEMABLE PREFERRED STOCK: Series A, $0.001 par value; 36,000,000 shares authorized; 308,775 and 61,435 shares issued and outstanding at June 30, 2017 and December 31, 2016, respectively; liquidation preference of $25.00 per share TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests $7.05M USD Point-in-time
Common stock, $0.001 par value; 900,000,000 shares authorized; 57,875,848 and 84,048,081 shares issued and outstanding at June 30, 2017 and December 31, 2016, respectively CommonStockValue $58.00K USD Point-in-time
Common stock, $0.001 par value; 900,000,000 shares authorized; 57,875,848 and 84,048,081 shares issued and outstanding at June 30, 2017 and December 31, 2016, respectively CommonStockValue $84.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $1.57B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $1.08B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossBeforeTax1 $603.00K USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossBeforeTax1 $-509.00K USD Point-in-time
Distributions in excess of earnings RetainedEarningsAccumulatedDeficit $-432.22M USD Point-in-time
Distributions in excess of earnings RetainedEarningsAccumulatedDeficit $-599.97M USD Point-in-time
Total stockholders' equity StockholdersEquity $965.68M USD Point-in-time
Total stockholders' equity StockholdersEquity $645.59M USD Point-in-time
Noncontrolling interests MinorityInterest $912.00K USD Point-in-time
Noncontrolling interests MinorityInterest $889.00K USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.30B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $646.48M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.06B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $966.59M USD Point-in-time
TOTAL LIABILITIES, REDEEMABLE PREFERRED STOCK AND EQUITY LiabilitiesAndStockholdersEquity $1.64B USD Point-in-time
TOTAL LIABILITIES, REDEEMABLE PREFERRED STOCK AND EQUITY LiabilitiesAndStockholdersEquity $2.02B USD Point-in-time
Income Statement 112 line items
Line Item Tag Value Unit Period
Rental and other property income OperatingLeaseAndOtherPropertyRevenue $55.96M USD 1 Quarter
Rental and other property income OperatingLeaseAndOtherPropertyRevenue $116.77M USD 2 Qtrs
Rental and other property income OperatingLeaseAndOtherPropertyRevenue $61.62M USD 1 Quarter
Rental and other property income OperatingLeaseAndOtherPropertyRevenue $124.47M USD 2 Qtrs
Expense reimbursements TenantReimbursements $3.32M USD 1 Quarter
Expense reimbursements TenantReimbursements $2.53M USD 1 Quarter
Expense reimbursements TenantReimbursements $6.24M USD 2 Qtrs
Expense reimbursements TenantReimbursements $5.56M USD 2 Qtrs
Interest and other income InterestAndOtherOperatingIncome $6.26M USD 2 Qtrs
Interest and other income InterestAndOtherOperatingIncome $2.82M USD 1 Quarter
Interest and other income InterestAndOtherOperatingIncome $3.42M USD 1 Quarter
Interest and other income InterestAndOtherOperatingIncome $5.93M USD 2 Qtrs
REVENUES Revenues $128.25M USD 2 Qtrs
REVENUES Revenues $68.36M USD 1 Quarter
REVENUES Revenues $136.98M USD 2 Qtrs
REVENUES Revenues $61.30M USD 1 Quarter
Rental and other property operating DirectCostsOfLeasedRentedAndOtherPropertyOperating $50.21M USD 2 Qtrs
Rental and other property operating DirectCostsOfLeasedRentedAndOtherPropertyOperating $27.25M USD 1 Quarter
Rental and other property operating DirectCostsOfLeasedRentedAndOtherPropertyOperating $32.30M USD 1 Quarter
Rental and other property operating DirectCostsOfLeasedRentedAndOtherPropertyOperating $63.58M USD 2 Qtrs
Asset management and other fees to related parties RelatedPartyAssetManagementFeesAndOtherFees $16.56M USD 2 Qtrs
Asset management and other fees to related parties RelatedPartyAssetManagementFeesAndOtherFees $8.38M USD 1 Quarter
Asset management and other fees to related parties RelatedPartyAssetManagementFeesAndOtherFees $17.01M USD 2 Qtrs
Asset management and other fees to related parties RelatedPartyAssetManagementFeesAndOtherFees $7.86M USD 1 Quarter
Interest InterestExpense $7.29M USD 1 Quarter
Interest InterestExpense $14.11M USD 2 Qtrs
Interest InterestExpense $19.29M USD 2 Qtrs
Interest InterestExpense $9.51M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $3.33M USD 2 Qtrs
General and administrative GeneralAndAdministrativeExpense $2.13M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $4.07M USD 2 Qtrs
General and administrative GeneralAndAdministrativeExpense $1.65M USD 1 Quarter
Transaction costs BusinessCombinationAcquisitionRelatedCosts $267.00K USD 2 Qtrs
Transaction costs BusinessCombinationAcquisitionRelatedCosts $11.62M USD 1 Quarter
Transaction costs BusinessCombinationAcquisitionRelatedCosts $11.63M USD 2 Qtrs
Transaction costs BusinessCombinationAcquisitionRelatedCosts $118.00K USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $31.99M USD 2 Qtrs
Depreciation and amortization DepreciationAndAmortization $14.76M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $36.54M USD 2 Qtrs
Depreciation and amortization DepreciationAndAmortization $18.48M USD 1 Quarter
Impairment of real estate ImpairmentOfRealEstate - USD 2 Qtrs
Impairment of real estate ImpairmentOfRealEstate $13.10M USD 1 Quarter
Impairment of real estate ImpairmentOfRealEstate - USD 1 Quarter
Impairment of real estate ImpairmentOfRealEstate $13.10M USD 2 Qtrs
EXPENSES CostsAndExpenses $135.57M USD 2 Qtrs
EXPENSES CostsAndExpenses $85.75M USD 1 Quarter
EXPENSES CostsAndExpenses $146.10M USD 2 Qtrs
EXPENSES CostsAndExpenses $68.70M USD 1 Quarter
Gain on sale of real estate GainsLossesOnSalesOfInvestmentRealEstate $116.28M USD 1 Quarter
Gain on sale of real estate GainsLossesOnSalesOfInvestmentRealEstate $304.02M USD 2 Qtrs
Gain on sale of real estate GainsLossesOnSalesOfInvestmentRealEstate $24.74M USD 2 Qtrs
Gain on sale of real estate GainsLossesOnSalesOfInvestmentRealEstate - USD 1 Quarter
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE PROVISION FOR INCOME TAXES IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $91.83M USD 1 Quarter
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE PROVISION FOR INCOME TAXES IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-339.00K USD 1 Quarter
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE PROVISION FOR INCOME TAXES IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $286.16M USD 2 Qtrs
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE PROVISION FOR INCOME TAXES IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $26.14M USD 2 Qtrs
Provision for income taxes IncomeTaxExpenseBenefit $661.00K USD 2 Qtrs
Provision for income taxes IncomeTaxExpenseBenefit $854.00K USD 2 Qtrs
Provision for income taxes IncomeTaxExpenseBenefit $462.00K USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $471.00K USD 1 Quarter
NET INCOME (LOSS) FROM CONTINUING OPERATIONS IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $285.31M USD 2 Qtrs
NET INCOME (LOSS) FROM CONTINUING OPERATIONS IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $91.37M USD 1 Quarter
NET INCOME (LOSS) FROM CONTINUING OPERATIONS IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $-810.00K USD 1 Quarter
NET INCOME (LOSS) FROM CONTINUING OPERATIONS IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $25.48M USD 2 Qtrs
Income from operations of assets held for sale DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax - USD 1 Quarter
Income from operations of assets held for sale DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax $2.36M USD 2 Qtrs
Income from operations of assets held for sale DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax - USD 2 Qtrs
Income from operations of assets held for sale DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax $1.67M USD 1 Quarter
NET INCOME FROM DISCONTINUED OPERATIONS IncomeLossFromDiscontinuedOperationsNetOfTax $2.36M USD 2 Qtrs
NET INCOME FROM DISCONTINUED OPERATIONS IncomeLossFromDiscontinuedOperationsNetOfTax - USD 1 Quarter
NET INCOME FROM DISCONTINUED OPERATIONS IncomeLossFromDiscontinuedOperationsNetOfTax - USD 2 Qtrs
NET INCOME FROM DISCONTINUED OPERATIONS IncomeLossFromDiscontinuedOperationsNetOfTax $1.67M USD 1 Quarter
NET INCOME ProfitLoss $285.31M USD 2 Qtrs
NET INCOME ProfitLoss $858.00K USD 1 Quarter
NET INCOME ProfitLoss $27.84M USD 2 Qtrs
NET INCOME ProfitLoss $91.37M USD 1 Quarter
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $12.00K USD 2 Qtrs
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $14.00K USD 2 Qtrs
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $9.00K USD 1 Quarter
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $9.00K USD 1 Quarter
NET INCOME ATTRIBUTABLE TO THE COMPANY NetIncomeLoss $285.29M USD 2 Qtrs
NET INCOME ATTRIBUTABLE TO THE COMPANY NetIncomeLoss $27.83M USD 2 Qtrs
NET INCOME ATTRIBUTABLE TO THE COMPANY NetIncomeLoss $91.36M USD 1 Quarter
NET INCOME ATTRIBUTABLE TO THE COMPANY NetIncomeLoss $849.00K USD 1 Quarter
Redeemable preferred stock dividends TemporaryEquityDividendsAdjustment $72.00K USD 1 Quarter
Redeemable preferred stock dividends TemporaryEquityDividendsAdjustment - USD 2 Qtrs
Redeemable preferred stock dividends TemporaryEquityDividendsAdjustment - USD 1 Quarter
Redeemable preferred stock dividends TemporaryEquityDividendsAdjustment $103.00K USD 2 Qtrs
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS NetIncomeLossAvailableToCommonStockholdersBasic $285.19M USD 2 Qtrs
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS NetIncomeLossAvailableToCommonStockholdersBasic $91.29M USD 1 Quarter
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS NetIncomeLossAvailableToCommonStockholdersBasic $849.00K USD 1 Quarter
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS NetIncomeLossAvailableToCommonStockholdersBasic $27.83M USD 2 Qtrs
Continuing operations (in usd per share) IncomeLossFromContinuingOperationsPerBasicAndDilutedShare $3.50 USD 2 Qtrs
Continuing operations (in usd per share) IncomeLossFromContinuingOperationsPerBasicAndDilutedShare $0.26 USD 2 Qtrs
Continuing operations (in usd per share) IncomeLossFromContinuingOperationsPerBasicAndDilutedShare $-0.01 USD 1 Quarter
Continuing operations (in usd per share) IncomeLossFromContinuingOperationsPerBasicAndDilutedShare $1.16 USD 1 Quarter
Discontinued operations (in usd per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare - USD 1 Quarter
Discontinued operations (in usd per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare $0.02 USD 2 Qtrs
Discontinued operations (in usd per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare - USD 2 Qtrs
Discontinued operations (in usd per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare $0.02 USD 1 Quarter
Net income (in usd per share) EarningsPerShareBasicAndDiluted $0.29 USD 2 Qtrs
Net income (in usd per share) EarningsPerShareBasicAndDiluted $0.01 USD 1 Quarter
Net income (in usd per share) EarningsPerShareBasicAndDiluted $3.50 USD 2 Qtrs
Net income (in usd per share) EarningsPerShareBasicAndDiluted $1.16 USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 96.68M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 78.87M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 97.17M shares 2 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 81.44M shares 2 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 96.68M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 97.17M shares 2 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 81.44M shares 2 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 78.87M shares 1 Quarter
Cash Flow Statement 137 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $285.31M USD 2 Qtrs
Net income ProfitLoss $858.00K USD 1 Quarter
Net income ProfitLoss $27.84M USD 2 Qtrs
Net income ProfitLoss $91.37M USD 1 Quarter
Deferred rent and amortization of intangible assets, liabilities and lease inducements DeferredRentAndAmortizationOfIntangibleAssetsLiabilitiesAndLeaseInducements $-2.66M USD 2 Qtrs
Deferred rent and amortization of intangible assets, liabilities and lease inducements DeferredRentAndAmortizationOfIntangibleAssetsLiabilitiesAndLeaseInducements $-2.64M USD 2 Qtrs
Depreciation and amortization DepreciationAndAmortization $31.99M USD 2 Qtrs
Depreciation and amortization DepreciationAndAmortization $14.76M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $36.54M USD 2 Qtrs
Depreciation and amortization DepreciationAndAmortization $18.48M USD 1 Quarter
Transfer of right to collect supplemental real estate tax reimbursements TransferofTaxReimbursementsRights - USD 2 Qtrs
Transfer of right to collect supplemental real estate tax reimbursements TransferofTaxReimbursementsRights $5.10M USD 2 Qtrs
Gain on sale of real estate GainsLossesOnSalesOfInvestmentRealEstate $116.28M USD 1 Quarter
Gain on sale of real estate GainsLossesOnSalesOfInvestmentRealEstate $304.02M USD 2 Qtrs
Gain on sale of real estate GainsLossesOnSalesOfInvestmentRealEstate $24.74M USD 2 Qtrs
Gain on sale of real estate GainsLossesOnSalesOfInvestmentRealEstate - USD 1 Quarter
Impairment of real estate ImpairmentOfRealEstate - USD 2 Qtrs
Impairment of real estate ImpairmentOfRealEstate $13.10M USD 1 Quarter
Impairment of real estate ImpairmentOfRealEstate - USD 1 Quarter
Impairment of real estate ImpairmentOfRealEstate $13.10M USD 2 Qtrs
Straight line rent, below-market ground lease and amortization of intangible assets StraightLineRentExpenseBelowMarketGroundLeaseAndAmortizationOfIntangibleAssets $881.00K USD 2 Qtrs
Straight line rent, below-market ground lease and amortization of intangible assets StraightLineRentExpenseBelowMarketGroundLeaseAndAmortizationOfIntangibleAssets $885.00K USD 2 Qtrs
Amortization of deferred loan costs AmortizationOfFinancingCosts $1.97M USD 2 Qtrs
Amortization of deferred loan costs AmortizationOfFinancingCosts $808.00K USD 2 Qtrs
Amortization of premiums and discounts on debt AmortizationOfDebtDiscountPremium $-543.00K USD 2 Qtrs
Amortization of premiums and discounts on debt AmortizationOfDebtDiscountPremium $-458.00K USD 2 Qtrs
Unrealized premium adjustment UnrealizedPremiumAdjustment $835.00K USD 2 Qtrs
Unrealized premium adjustment UnrealizedPremiumAdjustment $722.00K USD 2 Qtrs
Amortization and accretion on loans receivable, net AmortizationAndAccretionOnLoansReceivableNet $419.00K USD 2 Qtrs
Amortization and accretion on loans receivable, net AmortizationAndAccretionOnLoansReceivableNet $-140.00K USD 2 Qtrs
Bad debt expense (recovery) ProvisionForDoubtfulAccounts $-60.00K USD 2 Qtrs
Bad debt expense (recovery) ProvisionForDoubtfulAccounts $187.00K USD 2 Qtrs
Deferred income taxes DiscontinuedOperationDeferredIncomeTaxExpenseBenefit $76.00K USD 2 Qtrs
Deferred income taxes DiscontinuedOperationDeferredIncomeTaxExpenseBenefit $459.00K USD 2 Qtrs
Stock-based compensation ShareBasedCompensation $65.00K USD 2 Qtrs
Stock-based compensation ShareBasedCompensation $78.00K USD 2 Qtrs
Loans funded, held for sale to secondary market PaymentsForOriginationAndPurchasesOfLoansHeldForSale $22.11M USD 2 Qtrs
Loans funded, held for sale to secondary market PaymentsForOriginationAndPurchasesOfLoansHeldForSale $17.91M USD 2 Qtrs
Proceeds from sale of guaranteed loans ProceedsFromSaleOfLoansHeldForSale $21.58M USD 2 Qtrs
Proceeds from sale of guaranteed loans ProceedsFromSaleOfLoansHeldForSale $16.74M USD 2 Qtrs
Principal collected on loans subject to secured borrowings ProceedsFromCollectionOfLoansHeldForSale $4.93M USD 2 Qtrs
Principal collected on loans subject to secured borrowings ProceedsFromCollectionOfLoansHeldForSale $1.88M USD 2 Qtrs
Other operating activity OtherOperatingActivitiesCashFlowStatement $1.02M USD 2 Qtrs
Other operating activity OtherOperatingActivitiesCashFlowStatement $-441.00K USD 2 Qtrs
Accounts receivable and interest receivable IncreaseDecreaseInReceivables $1.57M USD 2 Qtrs
Accounts receivable and interest receivable IncreaseDecreaseInReceivables $2.68M USD 2 Qtrs
Other assets IncreaseDecreaseInOtherOperatingAssets $1.65M USD 2 Qtrs
Other assets IncreaseDecreaseInOtherOperatingAssets $1.11M USD 2 Qtrs
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-1.78M USD 2 Qtrs
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $5.63M USD 2 Qtrs
Deferred leasing costs IncreaseDecreaseInDeferredLeasingFees $2.56M USD 2 Qtrs
Deferred leasing costs IncreaseDecreaseInDeferredLeasingFees $6.53M USD 2 Qtrs
Other liabilities IncreaseDecreaseInOtherOperatingLiabilities $2.06M USD 2 Qtrs
Other liabilities IncreaseDecreaseInOtherOperatingLiabilities $-1.75M USD 2 Qtrs
Due to related parties IncreaseDecreaseInDueToRelatedParties $4.00K USD 2 Qtrs
Due to related parties IncreaseDecreaseInDueToRelatedParties $301.00K USD 2 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $33.56M USD 2 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $21.76M USD 2 Qtrs
Additions to investments in real estate PaymentsToDevelopRealEstateAssets $18.12M USD 2 Qtrs
Additions to investments in real estate PaymentsToDevelopRealEstateAssets $9.91M USD 2 Qtrs
Proceeds from sale of real estate property, net ProceedsFromSaleOfRealEstateHeldforinvestment $642.89M USD 2 Qtrs
Proceeds from sale of real estate property, net ProceedsFromSaleOfRealEstateHeldforinvestment $42.78M USD 2 Qtrs
Loans funded PaymentsToAcquireLoansHeldForInvestment $5.97M USD 2 Qtrs
Loans funded PaymentsToAcquireLoansHeldForInvestment $27.87M USD 2 Qtrs
Principal collected on loans ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment $5.50M USD 2 Qtrs
Principal collected on loans ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment $26.16M USD 2 Qtrs
Restricted cash IncreaseDecreaseInRestrictedCash $76.96M USD 2 Qtrs
Restricted cash IncreaseDecreaseInRestrictedCash $-5.40M USD 2 Qtrs
Other investing activity PaymentsForProceedsFromOtherInvestingActivities $-67.00K USD 2 Qtrs
Other investing activity PaymentsForProceedsFromOtherInvestingActivities $-1.04M USD 2 Qtrs
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $637.97M USD 2 Qtrs
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-52.96M USD 2 Qtrs
(Payment of) proceeds from mortgages payable ProceedsFromRepaymentsOfFirstMortgageBond $-65.57M USD 2 Qtrs
(Payment of) proceeds from mortgages payable ProceedsFromRepaymentsOfFirstMortgageBond $309.17M USD 2 Qtrs
Payment of unsecured revolving lines of credit, revolving credit facilities and term notes ProceedsFromRepaymentsOfLinesOfCredit $-107.00M USD 2 Qtrs
Payment of unsecured revolving lines of credit, revolving credit facilities and term notes ProceedsFromRepaymentsOfLinesOfCredit - USD 2 Qtrs
Payment of principal on secured borrowings RepaymentsOfSecuredDebt $11.96M USD 2 Qtrs
Payment of principal on secured borrowings RepaymentsOfSecuredDebt $4.93M USD 2 Qtrs
Proceeds from secured borrowings ProceedsFromIssuanceOfSecuredDebt - USD 2 Qtrs
Proceeds from secured borrowings ProceedsFromIssuanceOfSecuredDebt $9.96M USD 2 Qtrs
Payment of deferred preferred stock offering costs PaymentsOfStockIssuanceCosts $862.00K USD 2 Qtrs
Payment of deferred preferred stock offering costs PaymentsOfStockIssuanceCosts $362.00K USD 2 Qtrs
Payment of deferred loan costs PaymentsOfLoanCosts $4.00K USD 2 Qtrs
Payment of deferred loan costs PaymentsOfLoanCosts $1.08M USD 2 Qtrs
Payment of common dividends PaymentsOfOrdinaryDividends $25.62M USD 2 Qtrs
Payment of common dividends PaymentsOfOrdinaryDividends $40.54M USD 2 Qtrs
Payment of special cash dividends PaymentsOfCapitalDistribution $4.87M USD 2 Qtrs
Payment of special cash dividends PaymentsOfCapitalDistribution - USD 2 Qtrs
Repurchase of Common Stock PaymentsForRepurchaseOfCommonStock $576.00M USD 2 Qtrs
Repurchase of Common Stock PaymentsForRepurchaseOfCommonStock $210.06M USD 2 Qtrs
Net proceeds from issuance of Warrants ProceedsFromIssuanceOfWarrants $27.00K USD 2 Qtrs
Net proceeds from issuance of Warrants ProceedsFromIssuanceOfWarrants $32.00K USD Annual
Net proceeds from issuance of Warrants ProceedsFromIssuanceOfWarrants - USD 2 Qtrs
Net proceeds from issuance of Series A Preferred Stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock - USD 2 Qtrs
Net proceeds from issuance of Series A Preferred Stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock $5.64M USD 2 Qtrs
Payment of preferred stock dividends PaymentsOfDividendsPreferredStockAndPreferenceStock - USD 2 Qtrs
Payment of preferred stock dividends PaymentsOfDividendsPreferredStockAndPreferenceStock $40.00K USD 2 Qtrs
Noncontrolling interests' distributions PaymentsOfDividendsMinorityInterest $36.00K USD 2 Qtrs
Noncontrolling interests' distributions PaymentsOfDividendsMinorityInterest $37.00K USD 2 Qtrs
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-672.27M USD 2 Qtrs
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-51.92M USD 2 Qtrs
Change in cash balances included in assets held for sale DecreaseIncreaseInCashFromDiscontinuedOperations $-2.90M USD 2 Qtrs
Change in cash balances included in assets held for sale DecreaseIncreaseInCashFromDiscontinuedOperations $-14.27M USD 2 Qtrs
NET DECREASE IN CASH AND CASH EQUIVALENTS CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $-15.44M USD 2 Qtrs
NET DECREASE IN CASH AND CASH EQUIVALENTS CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $-85.58M USD 2 Qtrs
Beginning of period CashAndCashEquivalentsAtCarryingValue $53.52M USD Point-in-time
Beginning of period CashAndCashEquivalentsAtCarryingValue $144.45M USD Point-in-time
Beginning of period CashAndCashEquivalentsAtCarryingValue $139.10M USD Point-in-time
Beginning of period CashAndCashEquivalentsAtCarryingValue $129.01M USD Point-in-time
End of period CashAndCashEquivalentsAtCarryingValue $53.52M USD Point-in-time
End of period CashAndCashEquivalentsAtCarryingValue $144.45M USD Point-in-time
End of period CashAndCashEquivalentsAtCarryingValue $139.10M USD Point-in-time
End of period CashAndCashEquivalentsAtCarryingValue $129.01M USD Point-in-time
Cash paid during the period for interest InterestPaid $13.72M USD 2 Qtrs
Cash paid during the period for interest InterestPaid $19.30M USD 2 Qtrs
Federal income taxes paid IncomeTaxesPaid $50.00K USD 2 Qtrs
Federal income taxes paid IncomeTaxesPaid $259.00K USD 2 Qtrs
Additions to investments in real estate included in accounts payable and accrued expenses CapitalExpendituresIncurredButNotYetPaid $9.39M USD 2 Qtrs
Additions to investments in real estate included in accounts payable and accrued expenses CapitalExpendituresIncurredButNotYetPaid $6.88M USD 2 Qtrs
Net increase (decrease) in fair value of derivatives applied to other comprehensive income (loss) OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $1.11M USD 2 Qtrs
Net increase (decrease) in fair value of derivatives applied to other comprehensive income (loss) OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $-2.44M USD 1 Quarter
Net increase (decrease) in fair value of derivatives applied to other comprehensive income (loss) OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $-10.37M USD 2 Qtrs
Net increase (decrease) in fair value of derivatives applied to other comprehensive income (loss) OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $-440.00K USD 1 Quarter
Reduction of loans receivable and secured borrowings due to the SBA's repurchase of the guaranteed portion of a loan LoanReceivableAndSecuredBorrowingReductionFromRepurchaseOfGuaranteedAmountOfLoan $2.66M USD 2 Qtrs
Reduction of loans receivable and secured borrowings due to the SBA's repurchase of the guaranteed portion of a loan LoanReceivableAndSecuredBorrowingReductionFromRepurchaseOfGuaranteedAmountOfLoan $534.00K USD 2 Qtrs
Additions to deferred loan costs included in accounts payable and accrued expenses DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction - USD 2 Qtrs
Additions to deferred loan costs included in accounts payable and accrued expenses DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction $626.00K USD 2 Qtrs
Expenses related to repurchase of common stock included in accounts payable and accrued expenses RepurchaseOfStockExpenseNotYetPaid $272.00K USD 2 Qtrs
Expenses related to repurchase of common stock included in accounts payable and accrued expenses RepurchaseOfStockExpenseNotYetPaid - USD 2 Qtrs
Proceeds receivable from closed mortgage loans included in other assets ClosedMortgageLoansReceivableInOtherAssets - USD 2 Qtrs
Proceeds receivable from closed mortgage loans included in other assets ClosedMortgageLoansReceivableInOtherAssets $80.69M USD 2 Qtrs
Additions to preferred stock offering costs included in accounts payable and accrued expenses StockOfferingCostsNotYetPaid $984.00K USD 2 Qtrs
Additions to preferred stock offering costs included in accounts payable and accrued expenses StockOfferingCostsNotYetPaid $1.39M USD 2 Qtrs
Accrual of dividends payable to preferred stockholders DividendsPayableCurrentAndNoncurrent - USD Point-in-time
Accrual of dividends payable to preferred stockholders DividendsPayableCurrentAndNoncurrent $72.00K USD Point-in-time
Preferred stock offering costs offset against redeemable preferred stock OfferingCostsOffsetAgainstRedeemablePreferredStock $21.00K USD 2 Qtrs
Preferred stock offering costs offset against redeemable preferred stock OfferingCostsOffsetAgainstRedeemablePreferredStock - USD 2 Qtrs
Stockholders Equity 29 line items
Line Item Tag Value Unit Period
Special cash dividends paid to certain common stockholders (in usd per share) SpecialDividendsPerShareCashPaid $2.26 USD 2 Qtrs
Common dividends (in usd per share) CommonStockDividendsPerShareCashPaid $0.44 USD 2 Qtrs
Common dividends (in usd per share) CommonStockDividendsPerShareCashPaid $0.34 USD 2 Qtrs
Dividends to holders of Series A Preferred Stock (in usd per share) PreferredStockDividendsPerShareDeclared $0.69 USD 2 Qtrs
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.30B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $646.48M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.06B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $966.59M USD Point-in-time
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $37.00K USD 2 Qtrs
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $36.00K USD 2 Qtrs
Stock-based compensation expense StockIssuedDuringPeriodValueShareBasedCompensation $65.00K USD 2 Qtrs
Stock-based compensation expense StockIssuedDuringPeriodValueShareBasedCompensation $78.00K USD 2 Qtrs
Share repurchase StockRepurchasedAndRetiredDuringPeriodValue $576.00M USD 2 Qtrs
Share repurchase StockRepurchasedAndRetiredDuringPeriodValue $210.33M USD 2 Qtrs
Special cash dividends paid to certain common stockholders SpecialDividendsCash $4.87M USD 2 Qtrs
Common dividends DividendsCommonStock $25.62M USD 2 Qtrs
Common dividends DividendsCommonStock $40.54M USD 2 Qtrs
Issuance of Warrants AdjustmentsToAdditionalPaidInCapitalWarrantIssued $27.00K USD 2 Qtrs
Dividends to holders of Series A Preferred Stock DividendsPreferredStockCash $103.00K USD 2 Qtrs
Other comprehensive income (loss) OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $-10.37M USD 2 Qtrs
Other comprehensive income (loss) OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $1.11M USD 2 Qtrs
Net income ProfitLoss $285.31M USD 2 Qtrs
Net income ProfitLoss $858.00K USD 1 Quarter
Net income ProfitLoss $27.84M USD 2 Qtrs
Net income ProfitLoss $91.37M USD 1 Quarter
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.30B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $646.48M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.06B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $966.59M USD Point-in-time
Comprehensive Income 20 line items
Line Item Tag Value Unit Period
NET INCOME ProfitLoss $285.31M USD 2 Qtrs
NET INCOME ProfitLoss $858.00K USD 1 Quarter
NET INCOME ProfitLoss $27.84M USD 2 Qtrs
NET INCOME ProfitLoss $91.37M USD 1 Quarter
Other comprehensive income (loss): cash flow hedges OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $1.11M USD 2 Qtrs
Other comprehensive income (loss): cash flow hedges OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $-2.44M USD 1 Quarter
Other comprehensive income (loss): cash flow hedges OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $-10.37M USD 2 Qtrs
Other comprehensive income (loss): cash flow hedges OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $-440.00K USD 1 Quarter
COMPREHENSIVE INCOME (LOSS) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $90.93M USD 1 Quarter
COMPREHENSIVE INCOME (LOSS) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $286.42M USD 2 Qtrs
COMPREHENSIVE INCOME (LOSS) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-1.59M USD 1 Quarter
COMPREHENSIVE INCOME (LOSS) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $17.47M USD 2 Qtrs
Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $14.00K USD 2 Qtrs
Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $9.00K USD 1 Quarter
Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $9.00K USD 1 Quarter
Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $12.00K USD 2 Qtrs
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY ComprehensiveIncomeNetOfTax $17.46M USD 2 Qtrs
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY ComprehensiveIncomeNetOfTax $286.40M USD 2 Qtrs
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY ComprehensiveIncomeNetOfTax $-1.60M USD 1 Quarter
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY ComprehensiveIncomeNetOfTax $90.92M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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