Bluerock Residential Growth REIT, Inc. (BRG) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
712 FIFTH AVENUE, 9TH FLOOR NEW YORK, NY 10019 |
| 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)
| 6/30/2022 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 | 166,492 | 83,868 | 31,683 | 24,775 | 35,015 | 82,047 | |||
| Cash and cash equivalent | 166,492 | 83,868 | 31,683 | 24,775 | 35,015 | 82,047 | |||
| Total current assets: | 166,492 | 83,868 | 31,683 | 24,775 | 35,015 | 82,047 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 2,271,421 | 2,247,390 | 2,088,886 | 1,802,668 | 1,452,759 | 1,029,214 | |||
| Long-term investments and receivables | 135,690 | 83,485 | 126,444 | 89,033 | 71,145 | 91,132 | |||
| Long-term investments | 135,690 | 83,485 | 126,444 | 89,033 | 71,145 | 91,132 | |||
| Intangible assets, net (including goodwill) | 2,530 | 2,594 | 3,098 | 1,768 | 4,635 | 4,839 | |||
| Intangible assets, net (excluding goodwill) | 2,530 | 2,594 | 3,098 | 1,768 | 4,635 | 4,839 | |||
| Total noncurrent assets: | 2,409,641 | 2,333,469 | 2,218,428 | 1,893,469 | 1,528,539 | 1,125,185 | |||
| Other undisclosed assets | 23,200 | 72,600 | 90,586 | 99,891 | 126,993 | 34,090 | |||
| TOTAL ASSETS: | 2,599,333 | 2,489,937 | 2,340,697 | 2,018,135 | 1,690,547 | 1,241,322 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Debt | 25,200 | ||||||||
| Total current liabilities: | 25,200 | ||||||||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 1,364,991 | 1,490,932 | 1,425,257 | 1,206,136 | 939,494 | 710,575 | |||
| Long-term debt, excluding current maturities | 1,364,991 | 1,490,932 | 1,425,257 | 1,206,136 | 939,494 | 710,575 | |||
| Total noncurrent liabilities: | 1,364,991 | 1,490,932 | 1,425,257 | 1,206,136 | 939,494 | 710,575 | |||
| Other undisclosed liabilities | 72,715 | 118,537 | 61,318 | 128,184 | 108,136 | (363) | |||
| Total liabilities: | 1,437,706 | 1,609,469 | 1,486,575 | 1,334,320 | 1,047,630 | 735,412 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 83,874 | 58,406 | 127,491 | 158,346 | 222,832 | 241,728 | |||
| Additional paid in capital | 344,003 | 304,710 | 311,683 | 307,938 | 318,170 | 257,403 | |||
| Accumulated deficit | (327,270) | (313,392) | (253,132) | (218,531) | (164,286) | (84,631) | |||
| Other undisclosed equity, attributable to parent | 67,141 | 67,088 | 68,940 | 68,939 | 68,948 | 68,956 | |||
| Equity, attributable to noncontrolling interest | 45,519 | 21,394 | 48,170 | 56,597 | 63,346 | 50,833 | |||
| Total equity: | 129,393 | 79,800 | 175,661 | 214,943 | 286,178 | 292,561 | |||
| Other undisclosed liabilities and equity | 1,032,234 | 800,668 | 678,461 | 468,872 | 356,739 | 213,349 | |||
| TOTAL LIABILITIES AND EQUITY: | 2,599,333 | 2,489,937 | 2,340,697 | 2,018,135 | 1,690,547 | 1,241,322 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2022 TTM | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 220,651 | 219,848 | 209,971 | 184,716 | 123,184 | 77,051 | ||
| Operating leases, income statement, lease revenue | ✕ | ✕ | ✕ | ✕ | 144,325 | ✕ | ✕ | |
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | 123,184 | 77,051 | |
| Cost of revenue (Provision for Loan, Lease, and Other Losses) | (393) | (174) | ||||||
| Gross profit: | 220,258 | 219,674 | 209,971 | 184,716 | 123,184 | 77,051 | ||
| Operating expenses | (190,679) | (189,034) | (173,264) | (155,028) | (167,831) | (78,083) | ||
| Other undisclosed operating income | 393 | 174 | ||||||
| Operating income (loss): | 29,972 | 30,814 | 36,707 | 29,688 | (44,647) | (1,032) | ||
| Nonoperating income (expense) | 75,182 | (16,091) | (7,588) | (44,963) | 37,619 | (1,942) | ||
| Investment income, nonoperating | 16,962 | 23,326 | 24,595 | 22,255 | 7,930 | 17 | ||
| Interest and debt expense | (6,740) | (18,130) | (31,775) | (12,935) | (3) | (1,409) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | 98,414 | (3,407) | (2,656) | (28,210) | (7,031) | (4,383) | ||
| Income from equity method investments | 12,067 | 11,250 | ||||||
| Income (loss) from continuing operations before income taxes: | 110,481 | 7,843 | (2,656) | (28,210) | (7,031) | (4,383) | ||
| Other undisclosed income from continuing operations | 1,409 | |||||||
| Income (loss) from continuing operations: | 110,481 | 7,843 | (2,656) | (28,210) | (7,031) | (2,974) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | 110,481 | 7,843 | (2,656) | (28,210) | (7,031) | (2,974) | |
| Other undisclosed net income (loss) | (5,327) | 6,880 | 31,775 | 12,935 | 3 | |||
| Net income (loss): | 105,154 | 14,723 | 29,119 | (15,275) | (7,028) | (2,974) | ||
| Net income (loss) attributable to noncontrolling interest | (13,442) | 15,917 | 7,624 | 14,123 | (8,617) | (1,355) | ||
| Other undisclosed net loss attributable to parent | (88,239) | (75,314) | (56,494) | (41,607) | (30,034) | (14,656) | ||
| Net income (loss) attributable to parent: | 3,473 | (44,674) | (19,751) | (42,759) | (45,679) | (18,985) | ||
| Preferred stock dividends and other adjustments | (14,656) | |||||||
| Other undisclosed net loss available to common stockholders, basic | (1,508) | (1,323) | (953) | (674) | ||||
| Net income (loss) available to common stockholders, diluted: | 1,965 | (45,997) | (20,704) | (43,433) | (45,679) | (33,641) | ||
Comprehensive Income ($ in thousands)
| 6/30/2022 TTM | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 105,154 | 14,723 | 29,119 | (15,275) | (7,028) | (2,974) | ||
| Comprehensive income (loss): | 105,154 | 14,723 | 29,119 | (15,275) | (7,028) | (2,974) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (13,442) | 15,917 | 7,624 | 14,123 | (8,617) | (1,355) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 91,712 | 30,640 | 36,743 | (1,152) | (15,645) | (4,329) | ||
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.