Gadsden Properties, Inc.
DelistedCIK 711665fmd_1Z5K946AKKT1RYTF2KVAB5DHQ4Finance, Insurance and Real Estate · Real EstateTemplate: Real estate
Coverage: Jan 01, 2009 to Jun 30, 2019, 42 periods
| Line item | FY2009 | FY2010 | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | FY2018 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenues | 16 | 70 | 132 | 221 | 225 | 133 | 76 | 38 | – | 0 |
| Cost of revenue | 6 | 16 | 26 | 47 | 45 | 26 | 18 | 8 | – | 0 |
| Gross profit | 10 | 54 | 106 | 174 | 180 | 106 | 57 | 30 | – | 0 |
| Real estate taxes | – | – | – | – | – | – | – | – | – | 0 |
| Depreciation and amortization | 0 | 0 | 0 | 2 | 3 | 0 | 0 | 0 | 0 | 0 |
| Research and development | 1 | 1 | 1 | 3 | 3 | 2 | 1 | 1 | – | – |
| Selling, general and administrative | 8 | 35 | 107 | 144 | 154 | 126 | 75 | 35 | – | – |
| Gain on sale of real estate | – | – | – | – | – | – | – | (3) | – | – |
| Total operating expenses | 8 | 35 | 108 | 147 | 158 | 128 | 98 | 42 | 12 | 6 |
| Impairment of real estate | – | – | – | – | – | – | – | – | 1 | 1 |
| Funds from operations (NAREIT definition, derived) | 6 | 12 | (0) | 25 | 21 | (121) | (34) | (10) | (18) | (1) |
| Operating income | 2 | 18 | (3) | 27 | 22 | (21) | (40) | (12) | (12) | (6) |
| Other non-operating income (expense) | – | (0) | 0 | (0) | 1 | (4) | (1) | (0) | (0) | 0 |
| Income before taxes | 2 | 18 | (3) | 27 | 23 | (26) | (42) | (12) | (17) | (2) |
| Income tax expense | (4) | 6 | (2) | 4 | 4 | 36 | (2) | 1 | – | – |
| Net income from continuing operations | 5 | 12 | (1) | 22 | 18 | (62) | (40) | (13) | (17) | (2) |
| Net income | 5 | 12 | (1) | 22 | 18 | (121) | (35) | (13) | (19) | (2) |
| Net income to common shareholders | – | – | – | – | – | – | – | – | (19) | (5) |