CC HOLDINGS GS V LLC Financial Statements (2024 and earlier)
Company Profile
| Business Address |
8020 KATY FREEWAY HOUSTON, TX 77024 |
| State of Incorp. | DE |
| 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)
| 9/30/2021 MRQ | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 17,439 | 20,407 | 18,707 | 30,771 | 19,550 | 20,401 | |||
| Cash and cash equivalents | 17,439 | 20,407 | 18,707 | 30,771 | 19,550 | 20,401 | |||
| Receivables | 4,712 | 3,620 | 4,327 | 2,581 | 3,527 | 3,987 | |||
| Prepaid expense | 12,499 | 29,643 | 23,155 | 24,300 | 24,051 | 24,318 | |||
| Deferred rent asset | 37,577 | 12,714 | 26,460 | 24,638 | 19,833 | 10,165 | |||
| Other current assets | 559 | 564 | 554 | 467 | 480 | 1,171 | |||
| Total current assets: | 72,786 | 66,948 | 73,203 | 82,757 | 67,441 | 60,042 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 1,166,726 | ✕ | ✕ | ✕ | ✕ | ||||
| Property, plant and equipment | 951,870 | 1,010,367 | 1,017,767 | 1,041,157 | 1,088,883 | 1,135,704 | |||
| Intangible assets, net (including goodwill) | 1,341,181 | 1,341,288 | 1,357,083 | 1,358,589 | 1,360,537 | 1,362,662 | |||
| Goodwill | 1,338,730 | 1,338,730 | 1,338,730 | 1,338,730 | 1,338,730 | 1,338,730 | |||
| Intangible assets, net (excluding goodwill) | 2,451 | 2,558 | 18,353 | 19,859 | 21,807 | 23,932 | |||
| Deferred rent receivables, net | 346,019 | 354,075 | 343,740 | 333,164 | 346,507 | 350,407 | |||
| Other noncurrent assets | 1,627 | 1,905 | 39,669 | 38,154 | 35,490 | 45,780 | |||
| Other undisclosed noncurrent assets | 562,823 | 1,826,874 | 789,974 | 902,667 | 1,016,200 | 1,128,422 | |||
| Total noncurrent assets: | 4,370,246 | 4,534,509 | 3,548,233 | 3,673,731 | 3,847,617 | 4,022,975 | |||
| TOTAL ASSETS: | 4,443,032 | 4,601,457 | 3,621,436 | 3,756,488 | 3,915,058 | 4,083,017 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 15,748 | 16,924 | 18,925 | 18,755 | 21,369 | 21,480 | |||
| Interest and dividends payable | 8,126 | 8,126 | 8,126 | 8,126 | 8,126 | 8,655 | |||
| Taxes payable | 1,340 | 2,359 | |||||||
| Accounts payable | 1,515 | 2,652 | 1,933 | 1,801 | 3,387 | 2,691 | |||
| Accrued liabilities | 6,107 | 6,146 | 8,866 | 8,828 | 8,516 | 7,775 | |||
| Deferred revenue | 71,427 | 70,217 | ✕ | ✕ | ✕ | ✕ | |||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | 11,586 | 11,930 | 12,165 | ||
| Other undisclosed current liabilities | 65,036 | 57,581 | 12,533 | ||||||
| Total current liabilities: | 152,211 | 144,722 | 31,458 | 30,341 | 33,299 | 33,645 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 996,815 | 995,431 | 994,047 | 992,663 | 991,279 | 1,500,000 | |||
| Other undisclosed long-term debt and lease obligation | 996,815 | 995,431 | 994,047 | 992,663 | 991,279 | 1,500,000 | |||
| Liabilities, other than long-term debt | 183,966 | 203,470 | 50,108 | 49,340 | 48,716 | 49,187 | |||
| Other liabilities | 183,966 | 203,470 | 50,108 | 49,340 | 48,716 | 49,187 | |||
| Other undisclosed noncurrent liabilities | 1,173,089 | 1,160,880 | 112,832 | 107,673 | 102,519 | 95,837 | |||
| Total noncurrent liabilities: | 2,353,870 | 2,359,781 | 1,156,987 | 1,149,676 | 1,142,514 | 1,645,024 | |||
| Total liabilities: | 2,506,081 | 2,504,503 | 1,188,445 | 1,180,017 | 1,175,813 | 1,678,669 | |||
| Equity | |||||||||
| Equity, attributable to parent | 76,410 | ||||||||
| Retained earnings | 76,410 | ||||||||
| Other undisclosed equity | 1,936,951 | 2,096,954 | 2,432,991 | 2,576,471 | 2,739,245 | 2,327,938 | |||
| Total equity: | 1,936,951 | 2,096,954 | 2,432,991 | 2,576,471 | 2,739,245 | 2,404,348 | |||
| TOTAL LIABILITIES AND EQUITY: | 4,443,032 | 4,601,457 | 3,621,436 | 3,756,488 | 3,915,058 | 4,083,017 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2021 TTM | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 749,820 | 730,491 | 659,490 | 616,897 | 611,639 | 607,276 | ||
| Operating leases, income statement, lease revenue | ✕ | ✕ | ✕ | 659,490 | ✕ | ✕ | ✕ | |
| Revenue, net | ✕ | ✕ | ✕ | ✕ | 616,897 | 611,639 | 607,276 | |
| Cost of revenue | (463,285) | (219,176) | (300,852) | (296,546) | (293,909) | (288,160) | ||
| Cost of goods and services sold | (201,105) | (186,419) | (185,713) | (182,084) | ||||
| Gross profit: | 286,535 | 511,315 | 358,638 | 320,351 | 317,730 | 319,116 | ||
| Operating expenses | (424) | (235,007) | (149,062) | (147,607) | (151,449) | (151,479) | ||
| Operating income: | 286,111 | 276,308 | 209,576 | 172,744 | 166,281 | 167,637 | ||
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | 115 | 669 | 196 | 287 | (242) | (244) | ||
| Interest and debt expense | (1,384) | (39,874) | (39,874) | (39,874) | (59,788) | (53,223) | ||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (38,490) | |||||||
| Income from continuing operations before income taxes: | 246,352 | 237,103 | 169,898 | 133,157 | 106,251 | 114,170 | ||
| Income tax expense (benefit) | 399 | 426 | (416) | 614 | 668 | 733 | ||
| Income from continuing operations: | 246,751 | 237,529 | 169,482 | 133,771 | 106,919 | 114,903 | ||
| Income before gain (loss) on sale of properties: | ✕ | 246,751 | 237,529 | 169,482 | 133,771 | 106,919 | 114,903 | |
| Other undisclosed net loss | (798) | (852) | ||||||
| Net income available to common stockholders, diluted: | 245,953 | 236,677 | 169,482 | 133,771 | 106,919 | 114,903 | ||
Comprehensive Income ($ in thousands)
| 9/30/2021 TTM | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 245,953 | 236,677 | 169,482 | 133,771 | 106,919 | 114,903 | ||
| Comprehensive income, net of tax, attributable to parent: | 245,953 | 236,677 | 169,482 | 133,771 | 106,919 | 114,903 | ||
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.