HINES REAL ESTATE INVESTMENT TRUST INC
company.status.inactiveCIK 1262959fmd_0DY7FNWVFNWN5FV7YHYN7WDWW4Finance, Insurance and Real Estate · Real Estate Investment TrustsTemplate: Real estate
Coverage: Jan 01, 2009 to Sep 30, 2016, 28 periods
| Line item | FY2009 | FY2010 | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 |
|---|---|---|---|---|---|---|---|
| Rental revenue | – | 267 | 173 | 163 | 159 | 219 | 199 |
| Property operating expenses | 83 | 80 | 54 | 54 | 54 | 69 | 60 |
| Real estate taxes | 37 | 32 | 21 | 22 | 24 | 32 | 31 |
| Depreciation and amortization | 111 | 102 | 65 | 55 | 51 | 96 | 88 |
| Gain on sale of real estate | – | 23 | 107 | 2 | 310 | 19 | 50 |
| Impairment of real estate | – | 1 | – | 53 | 34 | 3 | 20 |
| Funds from operations (NAREIT definition, derived) | 114 | 40 | (4) | 30 | 123 | 128 | 100 |
| Operating income | 41 | 32 | 15 | (53) | (35) | (15) | (29) |
| Interest expense | 82 | 81 | 59 | 56 | 47 | 47 | 38 |
| Interest and investment income | 0 | 0 | 1 | 1 | 1 | 1 | 0 |
| Income before taxes | 8 | (67) | (68) | (90) | 45 | 49 | 44 |
| Income tax expense | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Net income from continuing operations | (1) | (62) | (74) | (90) | 44 | 48 | 43 |
| Net income | 3 | (40) | 39 | (76) | 348 | 48 | 43 |