Brookfield DTLA Fund Office Trust Investor Inc. (DTLAP) financial statements (2022 and earlier)

Company profile

Business Address C/O BROOKFIELD OFFICE PROPERTIES INC.
NEW YORK, NY 10281
State of Incorp. MD
Fiscal Year End December 31
SIC 6798 - Real Estate Investment Trusts (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments39363432375740
Cash and cash equivalents39363432375740
Deferred costs(15)(19)(18)(17)(16)(16)(15)
Total current assets:23171715214125
Noncurrent Assets
Property, plant and equipment223223223223223223223
Intangible assets, net (including goodwill)16171920222527
Intangible assets, net (excluding goodwill)16171920222527
Total noncurrent assets:239240241243245247250
Other undisclosed assets2,4602,4722,4922,5222,5502,5592,532
TOTAL ASSETS:2,7222,7292,7512,7802,8162,8472,807
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Liabilities, other than long-term debt4556667
Off-market lease, unfavorable4556667
Total noncurrent liabilities:4556667
Other undisclosed liabilities2,3352,3412,3332,3372,3372,3522,286
Total liabilities:2,3402,3462,3392,3432,3432,3592,293
Temporary equity, carrying amount1,1171,0971,0991,0971,1021,0901,089
Stockholders' equity
Stockholders' equity attributable to parent(663)(645)(591)(571)(524)(475)(459)
Additional paid in capital203203203202202198198
Accumulated other comprehensive loss      (3)
Accumulated deficit(866)(848)(793)(773)(726)(673)(654)
Stockholders' equity attributable to noncontrolling interest(71)(69)(96)(89)(104)(126)(116)
Total stockholders' equity:(734)(713)(687)(660)(628)(601)(576)
TOTAL LIABILITIES AND EQUITY:2,7222,7292,7512,7802,8162,8472,807

Income statement (P&L) ($ in millions)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
Revenues76696970717169
Operating lease, lease income68626364646463
Cost of revenue(49)(46)(44)(46)(38)(47)(46)
Cost of goods and services sold(30)(27)(25)(23) (27)(25)
Gross profit:27232623322423
Operating expenses(35)(37)(39)(41)(50)(40)(38)
Operating loss:(8)(15)(14)(18)(18)(15)(15)
Nonoperating income (expense)
(Investment Income, Nonoperating)
000000(0)
Interest and debt expense(19)(19)(19)(24)(20)(20)(20)
Loss from continuing operations before equity method investments, income taxes:(26)(33)(32)(42)(37)(35)(36)
Income (loss) from equity method investments000000(0)
Loss before gain (loss) on sale of properties:(26)(33)(32)(41)(37)(35)(36)
Other undisclosed net income18181824201920
Net loss:(8)(14)(14)(18)(18)(15)(15)
Other undisclosed net income (loss) attributable to parent(6)(35)(2)(24)(31)1(97)
Net loss attributable to parent:(14)(49)(16)(42)(49)(14)(112)
Preferred stock dividends and other adjustments (5)     
Other undisclosed net loss available to common stockholders, basic(5) (5)(5)(5)(5)(5)
Net loss available to common stockholders, diluted:(18)(54)(20)(47)(53)(19)(117)

Comprehensive Income ($ in millions)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
Net loss:(8)(14)(14)(18)(18)(15)(15)
Other comprehensive income     31
Comprehensive loss:(8)(14)(14)(18)(18)(13)(14)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(6)(35)(2)(24)(31)1(97)
Comprehensive loss, net of tax, attributable to parent:(14)(49)(16)(42)(49)(12)(111)

Statements sources

The financial statements are based on the company's filings with the 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.

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