VEREIT, Inc.
DelistedCIK 1507385fmd_0D4GBBGDFM9TSMG5VCAM87NDWNFinance, Insurance and Real Estate · Real Estate Investment TrustsTemplate: Real estate
Coverage: Jan 01, 2010 to Sep 30, 2021, 46 periods
| Line item | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 |
|---|---|---|---|---|---|---|---|---|---|---|
| Rental revenue | 4 | 65 | 311 | 1,272 | 1,343 | 1,335 | 1,252 | 1,258 | 1,237 | – |
| Total revenues | 4 | 67 | 329 | 1,579 | 1,441 | 1,335 | 1,252 | 1,258 | 1,238 | 1,161 |
| Property operating expenses | 0 | 4 | 24 | – | – | – | – | – | – | – |
| Net interest income | – | (12) | (106) | (453) | (358) | (317) | (290) | (281) | (279) | (266) |
| Provision for credit losses | – | – | 0 | 0 | 15 | 0 | 0 | – | – | – |
| Realized investment gains (losses) | – | – | – | – | 0 | 0 | 0 | 4 | (0) | – |
| Depreciation and amortization | 2 | 41 | 211 | 1,007 | 867 | 807 | 745 | 660 | 495 | 469 |
| Net interest income after provision | – | – | (106) | (453) | (374) | (317) | (290) | – | – | – |
| Gain on sale of real estate | (1) | 0 | 0 | (277) | (72) | 56 | (3) | (2) | (1) | (1) |
| Total operating expenses | 7 | 98 | 663 | 1,950 | 1,151 | 1,146 | 996 | 1,180 | 1,552 | 709 |
| Impairment of real estate | 0 | 0 | 3 | 101 | 92 | 183 | 51 | 55 | 47 | 62 |
| Operating income | (3) | (31) | (334) | (371) | 290 | 189 | 256 | – | – | – |
| Funds from operations (NAREIT definition, derived) | (2) | (1) | (277) | 408 | 714 | 738 | 831 | 631 | 243 | 733 |
| Interest expense | 1 | 12 | 106 | – | – | – | – | – | – | – |
| Other non-operating income (expense) | (0) | (11) | (172) | (397) | (352) | (259) | (198) | (164) | 11 | (247) |
| Income before taxes | – | – | – | (1,044) | (134) | (70) | 58 | (87) | (303) | 206 |
| Income tax expense | – | – | 2 | (33) | 5 | 7 | 7 | 5 | 4 | 5 |
| Net income from continuing operations | (4) | (41) | (506) | (1,044) | (139) | (77) | 51 | (92) | (307) | 201 |
| Net income | (5) | (42) | (491) | (977) | (316) | (196) | 32 | (86) | (300) | 201 |
| Net income to common shareholders | (5) | (42) | (495) | (1,076) | (388) | (268) | (41) | (158) | (369) | 157 |