TIER REIT INC
DelistedCIK 1176373fmd_0FJ35NTVC6M01A5MGRS24PQB6NFinance, Insurance and Real Estate · Real Estate Investment TrustsTemplate: Real estate
Coverage: Jan 01, 2009 to Mar 31, 2019, 37 periods
| Line item | FY2009 | FY2010 | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | FY2018 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenues | – | – | – | – | – | – | – | 243 | 216 | 219 |
| Property operating expenses | 158 | 144 | 110 | 89 | 91 | 95 | 89 | 73 | 56 | 52 |
| Cost of revenue | – | – | – | – | – | – | – | 1 | 0 | 0 |
| Real estate taxes | 73 | 61 | 48 | 39 | 42 | 41 | 40 | 36 | 34 | 36 |
| Gross profit | – | – | – | – | – | – | – | 242 | 216 | 218 |
| Depreciation and amortization | 234 | 202 | 165 | 126 | 122 | 120 | 123 | 112 | 95 | 101 |
| Impairment of real estate | – | – | 54 | 97 | 0 | 5 | – | 9 | 5 | 42 |
| Funds from operations (NAREIT definition, derived) | (205) | (29) | 37 | 71 | 138 | 109 | 91 | 91 | 184 | 138 |
| Interest expense | 164 | 140 | 112 | 97 | 89 | 67 | 57 | 43 | 34 | 29 |
| Interest and investment income | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Income before taxes | (338) | (155) | (185) | – | – | – | – | – | – | – |
| Income tax expense | (1) | 3 | (1) | 0 | 1 | (0) | 2 | 1 | 0 | 1 |
| Net income from continuing operations | (337) | (157) | (187) | (153) | (41) | (77) | (49) | (29) | 84 | – |
| Net income | (439) | (231) | (182) | (152) | 16 | (16) | (32) | (29) | 84 | (5) |
| Net income to common shareholders | (431) | (230) | (181) | (152) | 16 | (17) | (32) | (29) | 84 | (5) |