RAIT Financial Trust
DelistedCIK 1045425fmd_1W3BJJQRFHWQAX77C2W8G4A0Y6Finance, Insurance and Real Estate · Real Estate Investment TrustsTemplate: Real estate
Coverage: Jan 01, 2009 to Jun 30, 2019, 38 periods
| Line item | FY2009 | FY2010 | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | FY2018 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenues | 453 | 201 | 196 | 201 | 247 | 238 | 212 | 174 | 100 | 49 |
| Net interest income | – | – | 94 | 84 | 104 | 103 | 69 | 53 | 29 | 18 |
| Provision for credit losses | 227 | 38 | 4 | 2 | 3 | 6 | 8 | 8 | 46 | 33 |
| Depreciation and amortization | 21 | 29 | 29 | 31 | 36 | 44 | 46 | 51 | 28 | 10 |
| Net interest income after provision | – | – | 90 | 82 | 101 | 98 | 61 | 45 | (16) | (15) |
| Gain on sale of real estate | – | – | – | – | (2) | (0) | – | – | – | 1 |
| Compensation and benefits | 28 | 29 | 24 | 23 | 27 | 16 | 15 | 18 | 13 | 11 |
| Total operating expenses | 640 | 218 | 181 | 170 | 182 | 196 | 220 | 219 | – | – |
| Impairment of real estate | – | – | – | – | – | – | 8 | 33 | 97 | 47 |
| Funds from operations (NAREIT definition, derived) | (420) | 140 | (8) | (137) | (247) | (274) | 61 | 74 | (27) | (68) |
| Operating income | (187) | (17) | 14 | 31 | 65 | 42 | (8) | (46) | (85) | (68) |
| Interest expense | 262 | 53 | 51 | 42 | 40 | 48 | 62 | 55 | 36 | 23 |
| Other non-operating income (expense) | 5 | 0 | 0 | (2) | (5) | (21) | (1) | (0) | 0 | 1 |
| Income before taxes | (441) | 112 | (39) | (169) | (288) | (295) | 31 | (35) | (153) | (123) |
| Income tax expense | (1) | 2 | (1) | (1) | (3) | (2) | 3 | 3 | (1) | 0 |
| Net income from continuing operations | (440) | 111 | (38) | (168) | (285) | (293) | 29 | (38) | (152) | (123) |
| Net income | (441) | 111 | (38) | (168) | (285) | (319) | 7 | (10) | (152) | (123) |
| Net income to common shareholders | (441) | 98 | (51) | (183) | (308) | (319) | 7 | (10) | (185) | (133) |