Associated Estates Realty Corp (AEC) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
1 AEC PARKWAY RICHMOND HEIGHTS, OH 44143-1550 |
| State of Incorp. | OH |
| 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)
| 6/30/2015 MRQ | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 4,692 | 4,586 | 4,740 | |||
| Cash and cash equivalents | 4,692 | 4,586 | 4,740 | |||
| Restricted cash and investments | 46,361 | 3,465 | 4,429 | |||
| Total current assets: | 51,053 | 8,051 | 9,169 | |||
| Noncurrent Assets | ||||||
| Property, plant and equipment | 376,967 | 380,959 | 288,605 | |||
| Long-term investments and receivables | 54,800 | 9,321 | ||||
| Long-term investments | 54,800 | 9,321 | ||||
| Intangible assets, net (including goodwill) | 2,187 | 5,241 | 4,097 | |||
| Goodwill | 1,300 | 1,500 | ||||
| Intangible assets, net (excluding goodwill) | 887 | 3,741 | 4,097 | |||
| Total noncurrent assets: | 433,954 | 395,521 | 292,702 | |||
| Other undisclosed assets | 980,690 | 1,018,925 | 870,606 | |||
| TOTAL ASSETS: | 1,465,697 | 1,422,497 | 1,172,477 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Noncurrent Liabilities | ||||||
| Other undisclosed liabilities | 818,121 | 877,697 | 766,001 | |||
| Total liabilities: | 818,121 | 877,697 | 766,001 | |||
| Temporary equity, carrying amount | 1,734 | |||||
| Equity | ||||||
| Equity, attributable to parent, including: | 647,226 | 544,450 | 403,398 | |||
| Common stock | 5,771 | 5,760 | 4,953 | |||
| Treasury stock, value | (980) | (1,915) | ||||
| Additional paid in capital | 758,079 | 754,582 | 634,587 | |||
| Accumulated other comprehensive loss | (1,093) | (702) | (2,934) | |||
| Other undisclosed equity, attributable to parent | (114,551) | (213,275) | (233,208) | |||
| Equity, attributable to noncontrolling interest | 350 | 350 | 1,344 | |||
| Total equity: | 647,576 | 544,800 | 404,742 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,465,697 | 1,422,497 | 1,172,477 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2015 TTM | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 385,386 | 361,461 | 348,690 | ||
| Cost of revenue | (205,230) | (119,591) | (94,003) | ||
| Cost of goods and services sold | (73,780) | (68,791) | (69,095) | ||
| Gross profit: | 180,156 | 241,870 | 254,687 | ||
| Operating expenses | 48,583 | (27,258) | (47,367) | ||
| Other undisclosed operating loss | (191,306) | (179,982) | (173,822) | ||
| Operating income: | 37,433 | 34,630 | 33,498 | ||
| Nonoperating income (expense) (gain on Contract Termination) | 8,000 | ||||
| Interest and debt expense | (25,976) | (29,342) | (31,188) | ||
| Income from continuing operations before income taxes: | 11,457 | 13,288 | 2,310 | ||
| Other undisclosed income (loss) from continuing operations | 133,254 | (8,000) | 350 | ||
| Income from continuing operations: | 144,711 | 5,288 | 2,660 | ||
| Income before gain (loss) on sale of properties: | 144,711 | 61,086 | 30,251 | ||
| Income from discontinued operations | 55,798 | 27,591 | |||
| Other undisclosed net income | 209 | 360 | |||
| Net income: | 144,711 | 61,295 | 30,611 | ||
| Net loss attributable to noncontrolling interest | (45) | (19) | |||
| Net income attributable to parent: | 144,711 | 61,250 | 30,592 | ||
| Other undisclosed net loss available to common stockholders, basic | (473) | (228) | |||
| Net income available to common stockholders, diluted: | 144,238 | 61,022 | 30,592 | ||
Comprehensive Income ($ in thousands)
| 6/30/2015 TTM | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Net income: | 144,711 | 61,295 | 30,611 | ||
| Other comprehensive income | 144,320 | 63,527 | 28,082 | ||
| Comprehensive income: | 289,031 | 124,822 | 58,693 | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 45 | 19 | |||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (144,711) | (61,385) | (30,649) | ||
| Comprehensive income, net of tax, attributable to parent: | 144,320 | 63,482 | 28,063 | ||
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.