IMH Financial Corp
company.status.inactiveCIK 1397403fmd_08ZM1ZP6428NG8MZFMDTRDRG71Finance, Insurance and Real Estate · Real EstateTemplate: Real estate
Coverage: Jan 01, 2009 to Mar 31, 2020, 41 periods
| Line item | FY2010 | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | FY2018 | FY2019 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenues | 4 | 4 | 5 | 23 | 31 | 32 | 5 | 6 | 10 | 13 |
| Rental revenue | 2 | 2 | 3 | 17 | 27 | 29 | 5 | 4 | 0 | 3 |
| Cost of revenue | – | 0 | 0 | 2 | 3 | 3 | 3 | – | – | – |
| Provision for credit losses | 47 | 1 | 0 | (8) | 2 | 0 | (1) | – | – | – |
| Real estate taxes | 2 | 0 | 0 | – | – | – | – | – | – | – |
| Gross profit | – | 4 | 4 | 21 | 28 | 29 | 2 | – | – | – |
| Depreciation and amortization | 1 | 2 | 3 | 3 | 3 | 3 | 4 | 1 | 1 | 3 |
| Asset management and advisory fees | – | 0 | 0 | – | – | – | – | – | – | – |
| Gain on sale of real estate | (1) | 0 | 1 | 1 | 16 | (0) | 11 | 4 | 4 | 0 |
| Impairment of real estate | 47 | 2 | 0 | 1 | 5 | 4 | 0 | 1 | 1 | 1 |
| Total operating expenses | 26 | 37 | 40 | 58 | 84 | 53 | 22 | 22 | 27 | 33 |
| Compensation and benefits | – | 0 | 0 | 5 | 9 | 11 | 12 | – | – | – |
| Funds from operations (NAREIT definition, derived) | (68) | (32) | (31) | (23) | (46) | (7) | (15) | (4) | (14) | (20) |
| Operating income | – | (33) | (36) | (37) | (55) | (23) | (12) | (12) | (22) | (37) |
| Interest expense | 3 | 10 | 15 | 19 | 17 | 11 | 10 | 3 | 3 | 2 |
| Other non-operating income (expense) | – | – | – | – | (28) | (7) | 11 | 9 | 5 | (4) |
| Income before taxes | (117) | (35) | (32) | (26) | (38) | (14) | (6) | (7) | (12) | (24) |
| Income tax expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (2) | 0 | 0 |
| Net income from continuing operations | (117) | (35) | (32) | (26) | (38) | (14) | (6) | (5) | (12) | (24) |
| Net income | (117) | (35) | (32) | (26) | (38) | (14) | (8) | (2) | (12) | (24) |
| Net income to common shareholders | – | – | – | – | (39) | (19) | (12) | (6) | (21) | (34) |