Apartment Income REIT Corp.
DelistedCIK 1820877fmd_05N08GZZEQH7QRN04239G54ZP3Finance, Insurance and Real Estate · Real Estate Investment TrustsTemplate: Real estate
Coverage: Jan 01, 2018 to Mar 31, 2024, 22 periods
| Line item | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 |
|---|---|---|---|---|---|---|
| Total revenues | 840 | 771 | 720 | 741 | 774 | 820 |
| Rental revenue | – | 769 | 718 | 732 | 762 | 808 |
| Cost of revenue | – | – | 249 | 268 | 261 | – |
| Gross profit | – | – | 471 | 473 | 512 | – |
| Depreciation and amortization | 329 | 317 | 321 | 320 | 351 | 343 |
| Gain on sale of real estate | 677 | 503 | 119 | 595 | – | – |
| Impairment of real estate | 0 | 0 | 47 | 0 | 0 | 0 |
| Total operating expenses | 664 | 645 | 737 | 634 | 646 | 670 |
| Funds from operations (NAREIT definition, derived) | 318 | 288 | 145 | 173 | 1,255 | 978 |
| Operating income | – | 126 | (18) | 107 | 128 | – |
| Interest expense | 180 | 144 | 147 | 129 | 116 | 130 |
| Interest and investment income | 9 | 9 | 12 | 59 | 50 | 8 |
| Income before taxes | 682 | 489 | (19) | 474 | 974 | 692 |
| Income tax expense | (13) | 0 | 95 | (5) | 4 | 2 |
| Net income from continuing operations | 696 | 489 | (115) | 479 | 970 | 689 |
| Net income | 666 | 474 | (104) | 448 | 904 | 635 |
| Net income to common shareholders | 657 | 466 | (104) | 447 | 904 | 634 |