Divall Insured Income Properties 2 Limited Partnership (DIVALL) Financial Statements (2024 and earlier)

Company Profile

Business Address 1100 MAIN STREET
KANSAS CITY, MO 64105
State of Incorp. WI
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)

3/31/2024
MRQ
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments180171966723999
Cash and cash equivalents180171966723999
Prepaid expense3736555
Total current assets:2161749727744104
Noncurrent Assets
Property, plant and equipment  1,9451,9452,7942,7942,794
Deferred costs90258315   
Total noncurrent assets:902,2032,2602,7942,7942,794
Other undisclosed assets1,4071,1741,5051,4311,5841,571
TOTAL ASSETS:1,7143,5514,7364,3024,4224,469
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:   27163034
Other undisclosed accounts payable and accrued liabilities   27163034
Deferred rent credit    182462
Due to related parties25111
Other undisclosed current liabilities   133646974
Total current liabilities:  216599125171
Noncurrent Liabilities
Liabilities, other than long-term debt     17 
Deferred rent credit     17 
Total noncurrent liabilities:     17 
Other undisclosed liabilities492142    
Total liabilities:49214416599141171
Equity
Other undisclosed equity1,2223,407    
Total equity:1,2223,407    
Other undisclosed liabilities and equity   4,5714,2034,2814,298
TOTAL LIABILITIES AND EQUITY:1,7143,5514,7364,3024,4224,469

Income Statement (P&L) ($ in thousands)

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Revenues1,1651,6111,753  1,384
Operating leases, income statement, lease revenue1,384
Cost of revenue
(Cost of Goods and Services Sold)
      (12)
Gross profit:1,1651,6111,753  1,372
Operating expenses(853)(690)(662)(744)(729)(1,029)
Operating income (loss):3129221,091(744)(729)343
Nonoperating income11,9721,1484855168
Other nonoperating income  44  5 
Other undisclosed income from continuing operations before equity method investments, income taxes    1,4641,499 
Income from continuing operations:12,2842,0701,575725786351
Income before gain (loss) on sale of properties:1,575725786351
Net income:12,2842,0701,575725786351
Other undisclosed net income attributable to parent      12
Net income attributable to parent:12,2842,0701,575725786363
Preferred stock dividends and other adjustments(623)(308)(530)(316)(323)(302)
Net income available to common stockholders, diluted:11,6611,7621,04540946361

Comprehensive Income ($ in thousands)

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Net income:12,2842,0701,575725786351
Comprehensive income, net of tax, attributable to parent:12,2842,0701,575725786351

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: