First Potomac Realty Trust (FPO) Financial Statements (2024 and earlier)

Company Profile

Business Address 7600 WISCONSIN AVENUE
BETHESDA, MD 20814
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)

6/30/2017
MRQ
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 14,14413,52713,3238,7409,374
Cash and cash equivalents 14,14413,52713,3238,7409,374
Receivables   63,67954,69654,730
Total current assets: 14,14413,52777,00263,43664,104
Noncurrent Assets
Property, plant and equipment 283,331280,559325,214295387,047
Long-term investments and receivables 49,39248,22347,48249,15050,596
Long-term investments 49,39248,22347,48249,15050,596
Intangible assets, net (including goodwill) 25,10632,95945,88445,77853,507
Goodwill    6,9306,930
Intangible assets, net (excluding goodwill) 25,10632,95945,88438,84846,577
Deferred costs 42,71244,50243,99143,19840,370
Total noncurrent assets: 400,541406,243462,571138,421531,520
Other undisclosed assets 845,5621,030,6011,078,8871,300,6031,122,124
TOTAL ASSETS: 1,260,2471,450,3711,618,4601,502,4601,717,748
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities 795,620796,230874,223729,9481,020,888
Total liabilities: 795,620796,230874,223729,9481,020,888
Equity
Equity, attributable to parent, including: 436,383464,528550,007739,291662,493
Preferred stock     160,000
Common stock 5858595951
Additional paid in capital 913,367907,220913,282911,533804,584
Accumulated other comprehensive loss (844)(2,360)(3,268)(3,836)(10,917)
Accumulated deficit (476,198)(440,390)(360,066)(329,246)(294,953)
Other undisclosed equity, attributable to parent    160,7813,728
Equity, attributable to noncontrolling interest 28,2448008987813,728
Other undisclosed equity (28,244)160,000160,000(781)(3,728)
Total equity: 436,383625,328710,905739,291662,493
Other undisclosed liabilities and equity 28,24428,81333,33233,22134,367
TOTAL LIABILITIES AND EQUITY: 1,260,2471,450,3711,618,4601,502,4601,717,748

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

6/30/2017
TTM
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues
(Revenue, Net)
 160,33414161,666281,060348,445
Cost of revenue
(Cost of Goods and Services Sold)
 (38,554)(44,093)(43,252)(40,850)(45,936)
Other undisclosed gross profit (19,808)153,087(17,374)(141,064)(173,388)
Gross profit: 101,972109,008101,04099,146129,121
Operating expenses   (150,201)(137,521)(156,695)
Other undisclosed operating income   60,61257,47764,198
Operating income: 101,972109,00811,45119,10236,624
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
 (22,931)9,4754,108(28,625)(47,966)
Interest and debt expense (48)(1,824)(24,696)(34,951)(29,635)
Income (loss) from continuing operations before equity method investments, income taxes: 78,993116,659(9,137)(44,474)(40,977)
Income (loss) from equity method investments   775(47)40
Other undisclosed income from continuing operations before income taxes   23,92134,99829,595
Income (loss) from continuing operations before income taxes: 78,993116,65915,559(9,523)(11,342)
Income tax benefit     4,142
Other undisclosed loss from continuing operations (80,562)(151,076)   
Income (loss) from continuing operations: (1,569)(34,417)15,559(9,523)(7,200)
Income (loss) before gain (loss) on sale of properties: (1,569)(35,024)17,04310,981(8,381)
Income (loss) from discontinued operations  (607)1,48420,504(1,181)
Net income (loss): (1,569)(35,024)17,04310,981(8,381)
Net income (loss) attributable to noncontrolling interest 5022,058(199)93986
Net income (loss) attributable to parent: (1,067)(32,966)16,84411,074(7,395)
Preferred stock dividends and other adjustments (160,030) (12,400)(12,400)(11,964)
Other undisclosed net income (loss) available to common stockholders, basic 151,230(12,641)(314)(388)(620)
Net income (loss) available to common stockholders, diluted: (9,867)(45,607)4,130(1,714)(19,979)

Comprehensive Income ($ in thousands)

6/30/2017
TTM
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net income (loss): (1,569)(35,024)17,04310,981(8,381)
Other comprehensive loss     (5,334)
Other undisclosed comprehensive income 1,5849505937,423 
Comprehensive income (loss): 15(34,074)17,63618,404(13,715)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest (434)2,016224342(1,252)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent 868 (448)(591)2,504
Comprehensive income (loss), net of tax, attributable to parent: 449(32,058)17,41218,155(12,463)

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.

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