HARTMAN VREIT XXI, INC. Financial Statements (2025 and earlier)
Company Profile
| Business Address |
2909 HILLCROFT HOUSTON, TX 77057 |
| 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)
| 9/30/2022 MRQ | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 408 | 133 | 5,839 | 2,432 | 28,010 | ||||
| Cash and cash equivalents | 408 | 133 | 5,839 | 2,432 | 28,010 | ||||
| Restricted cash and investments | 0 | 51 | 34 | ||||||
| Total current assets: | 408 | 133 | 5,890 | 2,466 | 28,010 | ||||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 60,166 | 62,348 | 65,005 | 23,261 | |||||
| Long-term investments and receivables | 11,734 | 11,734 | 8,027 | 8,027 | 8,424 | ||||
| Long-term investments | 11,734 | 11,734 | 8,027 | 8,027 | 8,424 | ||||
| Intangible assets, net (including goodwill) | 7,477 | 7,477 | 7,477 | 4,452 | |||||
| Intangible assets, net (excluding goodwill) | 7,477 | 7,477 | 7,477 | 4,452 | |||||
| Total noncurrent assets: | 79,377 | 81,559 | 80,509 | 35,740 | 8,424 | ||||
| Other undisclosed assets | 20,160 | 20,470 | 8,929 | 1,872 | 7,398 | 1,767,014 | |||
| TOTAL ASSETS: | 99,537 | 102,437 | 89,571 | 43,502 | 18,287 | 1,795,024 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 5,200 | 4,109 | 4,002 | 921 | 378 | 57,240 | |||
| Interest and dividends payable | ✕ | 7 | |||||||
| Other undisclosed accounts payable and accrued liabilities | 5,200 | 4,109 | 4,002 | 921 | 371 | 57,240 | |||
| Debt | 184 | ||||||||
| Total current liabilities: | 5,384 | 4,109 | 4,002 | 921 | 378 | 57,240 | |||
| Noncurrent Liabilities | |||||||||
| Other undisclosed liabilities | 38,199 | 36,340 | 18,963 | 14,263 | 3,566 | 339,106 | |||
| Total liabilities: | 43,583 | 40,449 | 22,966 | 15,184 | 3,944 | 396,346 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 55,953 | 61,987 | 66,604 | 28,317 | 14,343 | 1,397,678 | |||
| Common stock | 1,608 | ||||||||
| Common stock, value, subscriptions | 34 | 320,000 | |||||||
| Additional paid in capital | 82,445 | 80,519 | 77,573 | 34,004 | 16,713 | 1,452,653 | |||
| Other undisclosed equity, attributable to parent | (26,492) | (18,532) | (10,969) | (5,686) | (2,404) | (376,583) | |||
| Other undisclosed equity | (14,343) | 1,000 | |||||||
| Total equity: | 55,953 | 61,987 | 66,604 | 28,317 | 1,398,678 | ||||
| Other undisclosed liabilities and equity | 1 | 1 | 1 | 1 | |||||
| TOTAL LIABILITIES AND EQUITY: | 99,537 | 102,437 | 89,571 | 43,502 | 3,944 | 1,795,024 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2022 TTM | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 12,905 | 13,028 | 7,478 | 1,550 | 918 | (7,311) | ||
| Operating leases, income statement, lease revenue | ✕ | ✕ | ✕ | 6,765 | 1,283 | ✕ | ✕ | |
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | 918 | ||
| Operating lease, lease income | 11,651 | ✕ | ✕ | ✕ | ||||
| Cost of revenue (Cost of Goods and Services Sold) | (553) | (553) | (309) | (85) | (50) | |||
| Gross profit: | 12,352 | 12,475 | 7,169 | 1,466 | 868 | (7,311) | ||
| Operating expenses | (15,111) | (15,030) | (8,563) | (2,445) | (202) | (43,856) | ||
| Operating income (loss): | (2,759) | (2,555) | (1,394) | (980) | 666 | (51,167) | ||
| Nonoperating income (expense) (Investment Income, Nonoperating) | 1,927 | 1,546 | (5) | |||||
| Interest and debt expense | (1,226) | (1,005) | (568) | (313) | (148) | |||
| Income (loss) from continuing operations before equity method investments, income taxes: | (2,058) | (2,014) | (1,962) | (1,293) | 519 | (51,172) | ||
| Loss from equity method investments | (540) | |||||||
| Income (loss) from continuing operations: | (2,598) | (2,014) | (1,962) | (1,293) | 519 | (51,172) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | (2,598) | (2,014) | (1,962) | (1,293) | 519 | (51,172) | |
| Other undisclosed net income | 392 | 12 | 877 | 1 | ||||
| Net income (loss): | (2,206) | (2,002) | (1,085) | (1,292) | 519 | (51,172) | ||
| Net income attributable to noncontrolling interest | 5 | |||||||
| Other undisclosed net income (loss) attributable to parent | (2,061) | 2,935 | ||||||
| Net loss available to common stockholders, diluted: | (2,206) | (2,002) | (1,085) | (1,292) | (1,538) | (48,237) | ||
Comprehensive Income ($ in thousands)
| 9/30/2022 TTM | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (2,206) | (2,002) | (1,085) | (1,292) | 519 | (51,172) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (2,206) | (2,002) | (1,085) | (1,292) | 519 | (51,172) | ||
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.