Talon Real Estate Holding Corp (GHGD) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
5500 WAYZATA BOULEVARD MINNEAPOLIS, MN 55416 |
| State of Incorp. | UT |
| 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)
| 3/31/2017 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 | 108 | 340 | 147 | 84 | 3 | |||
| Cash and cash equivalent | 108 | 340 | 147 | 84 | 3 | |||
| Restricted cash and investments | 1,894 | 190 | ||||||
| Receivables | 471 | 9 | (8) | |||||
| Inventory, net of allowances, customer advances and progress billings | ✕ | 9 | ||||||
| Inventory | 9 | |||||||
| Prepaid expense | 37 | ✕ | ||||||
| Deferred costs | (2,881) | 1,228 | 42 | |||||
| Other undisclosed current assets | 15 | |||||||
| Total current assets: | (2,772) | 340 | 3,740 | 362 | 18 | |||
| Noncurrent Assets | ||||||||
| Property, plant and equipment | 8,333 | 8,194 | 29 | 29 | ||||
| Intangible assets, net (including goodwill) | 5,466 | 7,742 | 11,614 | ✕ | ✕ | |||
| Intangible assets, net (excluding goodwill) | 5,466 | 7,742 | 11,614 | |||||
| Restricted cash and investments | 92 | 61 | 60 | 12 | ||||
| Deferred costs | 8,452 | |||||||
| Total noncurrent assets: | 13,891 | 24,449 | 11,703 | 41 | ||||
| Other undisclosed assets | 45,372 | 45,569 | 46,975 | 2,113 | ||||
| TOTAL ASSETS: | 56,491 | 70,359 | 62,418 | 2,516 | 18 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities | 8,300 | 1,947 | 481 | 11 | ||||
| Accounts payable | 1,947 | 481 | 11 | |||||
| Accrued liabilities | 8,300 | |||||||
| Deferred revenue and credits | 187 | |||||||
| Due to related parties | 500 | 11 | ||||||
| Total current liabilities: | 8,300 | 2,634 | 481 | 22 | ||||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation | 51,786 | 49,288 | ||||||
| Long-term debt, excluding current maturities | 51,786 | 49,288 | ||||||
| Liabilities, other than long-term debt | 422 | |||||||
| Accounts payable and accrued liabilities | 422 | |||||||
| Other undisclosed noncurrent liabilities | 83 | |||||||
| Total noncurrent liabilities: | 51,786 | 49,710 | 83 | |||||
| Other undisclosed liabilities | 64,621 | 11,018 | 3,960 | 4,748 | ||||
| Total liabilities: | 64,621 | 71,104 | 56,304 | 5,228 | 105 | |||
| Temporary equity, including noncontrolling interest | 3,000 | |||||||
| Equity | ||||||||
| Equity, attributable to parent, including: | (11,937) | (7,351) | (3,246) | (1,501) | (87) | |||
| Common stock | 17 | 17 | 17 | 16 | 2 | |||
| Additional paid in capital | 2,261 | 1,850 | 1,102 | 450 | 38 | |||
| Accumulated deficit | (14,216) | (9,219) | (4,365) | (1,127) | (127) | |||
| Other undisclosed equity, attributable to parent | (840) | |||||||
| Equity, attributable to noncontrolling interest | 3,807 | 6,606 | (1,373) | (1,211) | ||||
| Other undisclosed equity | 10,733 | |||||||
| Total equity: | (8,131) | (746) | 6,113 | (2,713) | (87) | |||
| Other undisclosed liabilities and equity | (3,000) | |||||||
| TOTAL LIABILITIES AND EQUITY: | 56,491 | 70,359 | 62,418 | 2,516 | 18 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2017 TTM | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 11,118 | 11,720 | 10,593 | 977 | 43 | ||
| Operating leases, income statement, lease revenue | ✕ | 7,269 | ✕ | ✕ | ✕ | ✕ | |
| Revenue, net | 11,272 | 10,593 | 977 | 43 | |||
| Cost of revenue (Cost of Product and Service Sold) | (5,087) | (2,655) | (60) | (29) | |||
| Gross profit: | 11,118 | 6,633 | 7,938 | 917 | 14 | ||
| Operating expenses | (14,050) | (14,117) | (7,784) | (1,707) | (42) | ||
| Other undisclosed operating income (loss) | 5,087 | (1,504) | (373) | (1) | |||
| Operating loss: | (2,932) | (2,398) | (1,350) | (1,163) | (29) | ||
| Nonoperating expense | (5) | ||||||
| Interest and debt expense | (4,864) | (4,629) | (1,976) | (298) | |||
| Loss from continuing operations before income taxes: | (7,796) | (7,027) | (3,326) | (1,461) | (33) | ||
| Income tax benefit | 0 | ||||||
| Loss from continuing operations: | (7,796) | (7,027) | (3,326) | (1,461) | (33) | ||
| Loss before gain (loss) on sale of properties: | (7,796) | (7,027) | (3,326) | (1,461) | (33) | ||
| Net loss: | (7,796) | (7,027) | (3,326) | (1,461) | (33) | ||
| Net income attributable to noncontrolling interest | 2,799 | 2,548 | 766 | ||||
| Other undisclosed net income (loss) attributable to parent | 162 | 170 | (0) | ||||
| Net loss available to common stockholders, diluted: | (4,997) | (4,479) | (2,398) | (1,291) | (33) | ||
Comprehensive Income ($ in thousands)
| 3/31/2017 TTM | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|
| Net loss: | (7,796) | (7,027) | (3,326) | (1,461) | (33) | ||
| Comprehensive loss, net of tax, attributable to parent: | (7,796) | (7,027) | (3,326) | (1,461) | (33) | ||
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.