Parkway Properties Inc Financial Statements (2024 and earlier)
Company Profile
Business Address |
390 N. ORANGE AVE STE 2400 ORLANDO, FL 32801 |
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)
6/30/2016 MRQ | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
---|---|---|---|---|---|---|---|
ASSETS | |||||||
Current Assets | |||||||
Cash, cash equivalents, and short-term investments | 74,961 | 116,241 | 58,678 | 81,856 | |||
Cash and cash equivalents | 74,961 | 116,241 | 58,678 | 81,856 | |||
Deferred costs | 9,954 | 10,185 | 7,624 | 7,183 | |||
Total current assets: | 84,915 | 126,426 | 66,302 | 89,039 | |||
Noncurrent Assets | |||||||
Long-term investments and receivables | 39,592 | 55,550 | 151,162 | ||||
Long-term investments | 39,592 | 55,550 | 151,162 | ||||
Intangible assets, net (including goodwill), including: | 146,688 | 185,488 | 166,756 | 118,097 | |||
Intangible assets, net (excluding goodwill) | 146,688 | 185,488 | 166,756 | ||||
Other undisclosed intangible assets, net (including goodwill) | ✕ | 118,097 | |||||
Deferred tax assets, net | 4,999 | 5,040 | |||||
Total noncurrent assets: | 191,279 | 246,078 | 317,918 | 118,097 | |||
Other undisclosed assets | 3,343,041 | 3,332,210 | 2,541,281 | 1,699,475 | |||
TOTAL ASSETS: | 3,619,235 | 3,704,714 | 2,925,501 | 1,906,611 | |||
LIABILITIES AND EQUITY | |||||||
Liabilities | |||||||
Current Liabilities | |||||||
Noncurrent Liabilities | |||||||
Other undisclosed liabilities | 1,983,024 | 2,025,398 | 1,589,980 | 950,605 | |||
Total liabilities: | 1,983,024 | 2,025,398 | 1,589,980 | 950,605 | |||
Equity | |||||||
Equity, attributable to parent, including: | 1,388,699 | 1,392,773 | 1,016,600 | 694,014 | |||
Preferred stock | 128,942 | ||||||
Common stock | 112 | 111 | 87 | 56 | |||
Additional paid in capital | 1,854,913 | 1,842,581 | 1,428,026 | 907,254 | |||
Accumulated other comprehensive loss | (6,199) | (6,166) | (2,179) | (4,425) | |||
Accumulated deficit | (460,131) | (443,757) | (409,338) | (337,813) | |||
Other undisclosed equity, attributable to parent | 4 | 4 | 4 | ||||
Equity, attributable to noncontrolling interest | 247,512 | 286,543 | 318,921 | 261,992 | |||
Total equity: | 1,636,211 | 1,679,316 | 1,335,521 | 956,006 | |||
TOTAL LIABILITIES AND EQUITY: | 3,619,235 | 3,704,714 | 2,925,501 | 1,906,611 |
Income Statement (P&L) ($ in thousands)
6/30/2016 TTM | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
---|---|---|---|---|---|---|
Revenues | 473,983 | 456,701 | 291,578 | 226,517 | ||
Revenue, net | 452,597 | 418,007 | 273,433 | 206,739 | ||
Cost of revenue (Cost of Goods and Services Sold) | (9,935) | (33,479) | (19,399) | (17,237) | ||
Gross profit: | 464,048 | 423,222 | 272,179 | 209,280 | ||
Operating expenses | (423,351) | (437,078) | (285,090) | (250,116) | ||
Other undisclosed operating income | 9,935 | 33,479 | 19,399 | 17,237 | ||
Operating income (loss): | 50,632 | 19,623 | 6,488 | (23,599) | ||
Nonoperating income | 903 | 7,741 | 2,236 | 272 | ||
Investment income, nonoperating | 903 | 1,452 | 2,236 | 272 | ||
Gains on sales of other real estate | 6,289 | |||||
Interest and debt expense | (77,543) | (68,500) | (45,622) | (35,334) | ||
Loss from continuing operations before equity method investments, income taxes: | (26,008) | (41,136) | (36,898) | (58,661) | ||
Income (loss) from equity method investments | 2,204 | (967) | 178 | |||
Other undisclosed income from continuing operations before income taxes | 120,430 | 76,378 | 548 | |||
Income (loss) from continuing operations before income taxes: | 96,626 | 34,275 | (36,720) | (58,113) | ||
Income tax expense (benefit) | (1,903) | (139) | 1,405 | (261) | ||
Income (loss) from continuing operations: | 94,723 | 34,136 | (35,315) | (58,374) | ||
Income (loss) before gain (loss) on sale of properties: | 94,723 | 44,208 | (12,037) | (42,981) | ||
Income from discontinued operations | 10,072 | 23,278 | 15,393 | |||
Net income (loss): | 94,723 | 44,208 | (12,037) | (42,981) | ||
Net income (loss) attributable to noncontrolling interest | (27,388) | 824 | (7,904) | 3,317 | ||
Other undisclosed net income (loss) attributable to parent | (2,089) | 291 | 269 | |||
Net income (loss) attributable to parent: | 67,335 | 42,943 | (19,650) | (39,395) | ||
Preferred stock dividends and other adjustments | (16,641) | (10,843) | ||||
Other undisclosed net income (loss) available to common stockholders, basic | 6,604 | (1,011) | ||||
Net income (loss) available to common stockholders, basic: | 67,335 | 42,943 | (29,687) | (51,249) | ||
Other undisclosed net income available to common stockholders, diluted | 2,947 | 2,089 | ||||
Net income (loss) available to common stockholders, diluted: | 70,282 | 45,032 | (29,687) | (51,249) |
Comprehensive Income ($ in thousands)
6/30/2016 TTM | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
---|---|---|---|---|---|---|
Net income (loss): | 94,723 | 44,208 | (12,037) | (42,981) | ||
Other comprehensive income (loss) | 1,499 | (3,758) | ||||
Other undisclosed comprehensive income (loss) | 9,779 | (3,364) | ||||
Comprehensive income (loss): | 96,222 | 40,450 | (2,258) | (46,345) | ||
Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (28,920) | (1,494) | 15,146 | 5,865 | ||
Other undisclosed comprehensive loss, net of tax, attributable to parent | (30,292) | |||||
Comprehensive income (loss), net of tax, attributable to parent: | 67,302 | 38,956 | (17,404) | (40,480) |
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.