PHILLIPS EDISON GROCERY CENTER REIT III, INC. Financial Statements (2026 and earlier)
Company Profile
| Business Address |
11501 NORTHLAKE DRIVE CINCINNATI, OH 45249 |
| 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)
| 6/30/2019 MRQ | 12/31/2018 | |||
|---|---|---|---|---|
| ASSETS | ||||
| Current Assets | ||||
| Cash, cash equivalents, and short-term investments | 11,481 | |||
| Cash and cash equivalent | 11,481 | |||
| Total current assets: | 11,481 | |||
| Noncurrent Assets | ||||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 8,804 | |||
| Intangible asset, including goodwill, after accumulated amortization | 2,475 | |||
| Intangible asset, excluding goodwill, after accumulated amortization | 2,475 | |||
| Total noncurrent assets: | 11,279 | |||
| Other undisclosed assets | 26,017 | |||
| TOTAL ASSETS: | 48,777 | |||
| LIABILITIES AND EQUITY | ||||
| Liabilities | ||||
| Current Liabilities | ||||
| Noncurrent Liabilities | ||||
| Liabilities, other than long-term debt | 679 | |||
| Off-market lease, unfavorable | 679 | |||
| Total noncurrent liabilities: | 679 | |||
| Other undisclosed liabilities | 5,866 | |||
| Total liabilities: | 6,545 | |||
| Equity | ||||
| Equity, attributable to parent, including: | 42,232 | |||
| Additional paid in capital | 55,114 | |||
| Accumulated deficit | (12,947) | |||
| Other undisclosed equity, attributable to parent | 65 | |||
| Total equity: | 42,232 | |||
| TOTAL LIABILITIES AND EQUITY: | 48,777 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2019 TTM | 12/31/2018 | ||
|---|---|---|---|
| Revenues | 6,305 | ||
| Operating leases, income statement, lease revenue | 4,349 | ||
| Gross profit: | 6,305 | ||
| Operating expenses | (6,992) | ||
| Operating loss: | (687) | ||
| Nonoperating expense (Other Nonoperating expense) | (670) | ||
| Interest and debt expense | (2,187) | ||
| Loss from continuing operations: | (3,544) | ||
| Loss before gain (loss) on sale of properties: | (3,544) | ||
| Net loss: | (3,544) | ||
| Other undisclosed net income attributable to parent | 2,293 | ||
| Net loss available to common stockholders, diluted: | (1,251) | ||
Comprehensive Income ($ in thousands)
| 6/30/2019 TTM | 12/31/2018 | ||
|---|---|---|---|
| Net loss: | (3,544) | ||
| Comprehensive loss, net of tax, attributable to parent: | (3,544) | ||
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.