WASHINGTON PRIME GROUP INC.
DelistedCIK 1594686fmd_1MDKG0SHGWVA78MF67XSCE72NZFinance, Insurance and Real Estate · Real Estate Investment TrustsTemplate: Real estate
Coverage: Jan 01, 2012 to Jun 30, 2021, 35 periods
| Line item | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 |
|---|---|---|---|---|---|---|---|---|---|
| Total revenues | 624 | 626 | 661 | 921 | 843 | 753 | 717 | 661 | 524 |
| Rental revenue | – | – | – | – | – | 732 | 690 | 634 | 507 |
| Property operating expenses | 106 | 104 | 137 | 197 | 167 | 147 | – | – | – |
| Cost of revenue | – | – | – | – | – | 147 | 148 | 154 | – |
| Provision for credit losses | 2 | 1 | 2 | 2 | 5 | 5 | 6 | – | – |
| Real estate taxes | 76 | 76 | 77 | 110 | 103 | 90 | 87 | 82 | 78 |
| Gross profit | – | – | – | – | – | 607 | 569 | 507 | – |
| Depreciation and amortization | 189 | 183 | 198 | 332 | 281 | 259 | 258 | 271 | 229 |
| Gain on sale of real estate | – | – | – | 4 | – | – | – | – | – |
| Impairment of real estate | – | 0 | 0 | 148 | 22 | 67 | 0 | 35 | 135 |
| Total operating expenses | – | 399 | 484 | 888 | 658 | 608 | 542 | 605 | 637 |
| Funds from operations (NAREIT definition, derived) | 346 | 338 | 368 | 391 | 370 | 523 | 351 | 311 | 144 |
| Operating income | 214 | 227 | 177 | 34 | 185 | 145 | 27 | (97) | – |
| Interest expense | 59 | 55 | 82 | 140 | 136 | 127 | 142 | 153 | 157 |
| Income tax expense | 0 | 0 | 1 | 1 | 2 | 3 | 2 | 1 | (1) |
| Net income | 156 | 155 | 170 | (85) | 67 | 197 | 94 | 4 | (220) |
| Net income to common shareholders | 130 | 155 | 170 | (101) | 53 | 183 | 80 | (10) | (234) |