COLE OFFICE & INDUSTRIAL REIT (CCIT II), INC. Financial Statements (2024 and earlier)

Company Profile

Business Address 2398 EAST CAMELBACK ROAD, 4TH FLOOR
PHOENIX, AZ 85016
State of Incorp. MD
Fiscal Year End December 31
Industry (SIC) 6798 - Real Estate Investment Trusts (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2020
MRQ
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 102,0934,2314,8456,99318,06011,141
Cash and cash equivalents 102,0934,2314,8456,99318,06011,141
Total current assets: 102,0934,2314,8456,99318,06011,141
Noncurrent Assets
Property, plant and equipment 94,632103,418102,05592,24868,39850,549
Intangible assets, net (including goodwill) 83,37586,09996,62996,23590,32674,272
Intangible assets, net (excluding goodwill) 83,37586,09996,62996,23590,32674,272
Total noncurrent assets: 178,007189,517198,684188,483158,724124,821
Other undisclosed assets 705,555939,232955,370893,608743,325531,866
TOTAL ASSETS: 985,6551,132,9801,158,8991,089,084920,109667,828
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Liabilities, other than long-term debt    26,11222,7218,222
Off-market lease, unfavorable    26,11222,7218,222
Total noncurrent liabilities:    26,11222,7218,222
Other undisclosed liabilities 478,772642,743639,545517,718556,887459,291
Total liabilities: 478,772642,743639,545543,830579,608467,513
Temporary equity, carrying amount 26,96327,62427,76525,00111,5202,816
Equity
Equity, attributable to parent, including: 479,920462,613491,589520,253328,981197,499
Common stock     418246
Additional paid in capital 583,482583,304583,279583,297360,348216,491
Accumulated other comprehensive income (loss) (228)2,9442,942894285 
Other undisclosed equity, attributable to parent (103,334)(123,635)(94,632)(63,938)(32,070)(19,238)
Total equity: 479,920462,613491,589520,253328,981197,499
TOTAL LIABILITIES AND EQUITY: 985,6551,132,9801,158,8991,089,084920,109667,828

Income Statement (P&L) ($ in thousands)

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues 75,919106,612103,66287,21174,01517,846
Revenue, net103,66287,21161,24817,846
Operating lease, lease income 75,919
Cost of revenue
(Cost of Goods and Services Sold)
   (5,875)(5,088)(3,432)(2,381)
Gross profit: 75,919106,61297,78782,12370,58315,465
Operating expenses (51,485)(69,100)(69,086)(62,565)(49,122)(26,370)
Other undisclosed operating income 119,978 5,8755,0883,4322,381
Operating income (loss): 144,41237,51234,57624,64624,893(8,524)
Nonoperating expense (12,518)    (4,192)
Interest and debt expense (11,948)(24,259)(22,826)(20,642)(18,053)(4,193)
Income (loss) from continuing operations: 119,94613,25311,7504,0046,840(16,909)
Income (loss) before gain (loss) on sale of properties:119,94613,25311,7504,0046,840(16,909)
Net income (loss): 119,94613,25311,7504,0046,840(16,909)
Other undisclosed net income attributable to parent 11,948    4,193
Net income (loss) available to common stockholders, diluted: 131,89413,25311,7504,0046,840(12,716)

Comprehensive Income ($ in thousands)

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss): 119,94613,25311,7504,0046,840(16,909)
Comprehensive income (loss): 119,94613,25311,7504,0046,840(16,909)
Other undisclosed comprehensive income, net of tax, attributable to parent 8,77622,048609285 
Comprehensive income (loss), net of tax, attributable to parent: 128,72213,25513,7984,6137,125(16,909)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: