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Income Statement · Annual · Millions · USD
Line itemFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Rental revenue108819222013151919
Total revenues80802592442837175430
Cost of revenue67692275372432194337
Property operating expenses554913–––––
Net interest income(9)(7)(0)(12)(7)(3)(0)00(2)
Gross profit1312317746(2)11(7)
Gain on sale of real estate02506010650233
Impairment of real estate00000210––
Operating income123(7)10(7)84(8)(17)(2)11
Interest expense9–578–––––
Other non-operating income (expense)020000121(1)
Income before taxes(9)18(7)(2)(13)82(7)(15)(1)8
Income tax expense(3)14(1)05130205
Net income from continuing operations(6)4(5)(3)(18)69(7)(16)(2)3
Net income(6)4(4)(2)(24)6390(16)(2)3
Net income to common shareholders(6)4(4)(2)(23)5790(15)212
STRS · FinancialMD