PREFERRED APARTMENT COMMUNITIES INC
DelistedCIK 1481832fmd_1X8DHBS4CD9JSWBB301S4AZA4SFinance, Insurance and Real Estate · Real Estate Investment TrustsTemplate: Real estate
Coverage: Jan 01, 2010 to Mar 31, 2022, 47 periods
| Line item | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| Rental revenue | 9 | 20 | 31 | 69 | 137 | 232 | 322 | 395 | 435 | 405 |
| Total revenues | 12 | 32 | 57 | 109 | 200 | 294 | 397 | 470 | 501 | 451 |
| Real estate taxes | 1 | 2 | 4 | 10 | 22 | 31 | 47 | 58 | 64 | 61 |
| Provision for credit losses | – | – | – | – | – | 0 | 3 | 2 | 6 | 1 |
| Depreciation and amortization | 4 | 15 | 16 | 38 | 78 | 117 | 171 | 185 | 202 | 169 |
| Gain on sale of real estate | 0 | 0 | 0 | 0 | 4 | 38 | 70 | 0 | 23 | 21 |
| Total operating expenses | 10 | 30 | 44 | 90 | 170 | 235 | 327 | 370 | 581 | 349 |
| Operating income | 2 | 2 | 12 | 19 | 34 | 97 | 140 | 102 | (57) | 123 |
| Funds from operations (NAREIT definition, derived) | 3 | 11 | 18 | 36 | 64 | 107 | 145 | 178 | 0 | 169 |
| Interest expense | 3 | 5 | 10 | 21 | 44 | 67 | 96 | 112 | 119 | 102 |
| Other non-operating income (expense) | 0 | – | – | – | – | – | – | – | – | – |
| Income before taxes | – | – | – | – | – | – | – | 100 | (80) | 103 |
| Net income from continuing operations | (0) | (4) | 2 | (2) | (10) | 29 | 45 | (7) | (182) | 21 |
| Net income | (0) | (4) | 2 | (2) | (10) | 28 | 43 | (7) | (178) | 20 |
| Net income to common shareholders | (1) | (15) | (5) | (21) | (51) | (36) | (43) | (121) | (339) | (133) |