URSTADT BIDDLE PROPERTIES INC
DelistedCIK 1029800fmd_0CPEF96R8VPD8HHPAEFZ17MD2XFinance, Insurance and Real Estate · Real Estate Investment TrustsTemplate: Real estate
Coverage: Nov 01, 2008 to Apr 30, 2023, 53 periods
| Line item | FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenues | 95 | 102 | 115 | 117 | 124 | 135 | 137 | 127 | 136 | 143 |
| Rental revenue | 70 | 75 | 84 | 87 | 88 | 127 | 132 | 121 | 130 | 138 |
| Cost of revenue | – | – | – | – | 20 | 22 | 22 | 20 | 23 | 25 |
| Real estate taxes | 16 | 17 | 18 | 19 | 20 | 21 | 23 | 23 | 24 | 24 |
| Provision for credit losses | 1 | 1 | 1 | 1 | 1 | 1 | – | – | – | – |
| Gross profit | – | – | – | – | 103 | 112 | 115 | 107 | 113 | 118 |
| Depreciation and amortization | 18 | 19 | 22 | 23 | 27 | 28 | 28 | 29 | 29 | 30 |
| Gain on sale of real estate | – | 37 | 20 | 0 | 19 | 0 | (0) | (6) | 12 | 1 |
| Total operating expenses | 61 | 65 | 74 | 71 | 76 | 82 | – | – | – | – |
| Funds from operations (NAREIT definition, derived) | 48 | 48 | 51 | 57 | 61 | 66 | 65 | 57 | 64 | 69 |
| Operating income | 34 | 37 | 41 | 45 | 47 | 53 | 54 | 44 | 51 | 54 |
| Interest expense | 9 | 10 | 13 | 13 | 13 | 14 | 14 | 14 | 13 | 13 |
| Other non-operating income (expense) | – | – | – | – | – | – | – | – | – | – |
| Income before taxes | 28 | 52 | 49 | – | – | – | – | – | – | – |
| Net income from continuing operations | 29 | 29 | 30 | – | – | – | – | – | – | – |
| Net income | 30 | 65 | 49 | 34 | 53 | 37 | 37 | 22 | 47 | 40 |
| Net income to common shareholders | 11 | 49 | 35 | 19 | 34 | 25 | 22 | 9 | 34 | 26 |