Copper Property CTL Pass Through Trust (CPPTL) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
6501 LEGACY DRIVE PLANO, TX 75024 |
| State of Incorp. | NY |
| Fiscal Year End | December 31 |
| Industry (SIC) | 65 - Real Estate (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 38,026 | 48,922 | 627,522 | |||
| Cash and cash equivalents | 38,026 | 48,922 | 627,522 | |||
| Total current assets: | 38,026 | 48,922 | 627,522 | |||
| Noncurrent Assets | ||||||
| Operating lease, right-of-use asset | 85,254 | 87,086 | 100,617 | |||
| Property, plant and equipment | 408,064 | 422,114 | 480,289 | |||
| Intangible assets, net (including goodwill) | 212,001 | 228,529 | 254,600 | |||
| Intangible assets, net (excluding goodwill) | 212,001 | 228,529 | 254,600 | |||
| Total noncurrent assets: | 705,319 | 737,729 | 835,506 | |||
| Other undisclosed assets | 491,145 | 513,297 | 601,665 | |||
| TOTAL ASSETS: | 1,234,490 | 1,299,948 | 2,064,693 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Noncurrent Liabilities | ||||||
| Other undisclosed liabilities | 140,668 | 149,285 | 177,323 | |||
| Total liabilities: | 140,668 | 149,285 | 177,323 | |||
| Equity | ||||||
| Equity, attributable to parent | 1,093,822 | 1,150,663 | 1,887,370 | |||
| Additional paid in capital | 1,952,120 | 1,952,120 | 1,952,120 | |||
| Accumulated deficit | (858,298) | (801,457) | (64,750) | |||
| Total equity: | 1,093,822 | 1,150,663 | 1,887,370 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,234,490 | 1,299,948 | 2,064,693 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|---|
| Revenues (Operating Lease, Lease Income) | 101,582 | 108,395 | 146,924 | ||
| Cost of revenue | (19,245) | (20,692) | (35,182) | ||
| Gross profit: | 82,337 | 87,703 | 111,742 | ||
| Operating expenses | (17,873) | (22,605) | (24,358) | ||
| Operating income: | 64,464 | 65,098 | 87,384 | ||
| Nonoperating income | 4,697 | 22,410 | 109,332 | ||
| Other nonoperating income | 1,761 | ||||
| Interest and debt expense | (4,137) | (3,810) | |||
| Income from continuing operations: | 69,161 | 83,371 | 192,906 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 192,906 | |
| Net income: | 69,161 | 83,371 | 192,906 | ||
| Other undisclosed net income attributable to parent | 4,137 | 3,810 | |||
| Net income available to common stockholders, diluted: | 69,161 | 87,508 | 196,716 | ||
Comprehensive Income ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|---|
| Net income: | 69,161 | 83,371 | 192,906 | ||
| Comprehensive income, net of tax, attributable to parent: | 69,161 | 83,371 | 192,906 | ||
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.