Homefed Corp (HOFD) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
1903 WRIGHT PLACE CARLSBAD, CA 92008 |
| State of Incorp. | DE |
| 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)
| 3/31/2019 MRQ | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 63,053 | 40,415 | 53,140 | 66,676 | 61,495 | 57,306 | |||
| Cash and cash equivalents | 63,053 | 40,415 | 53,140 | 66,676 | 61,495 | 57,306 | |||
| Total current assets: | 63,053 | 40,415 | 53,140 | 66,676 | 61,495 | 57,306 | |||
| Noncurrent Assets | |||||||||
| Inventory, real estate | 4,400 | 7,600 | 8,750 | 4,650 | ✕ | ||||
| Long-term investments and receivables | 93,170 | 152,345 | 127,379 | 100,091 | 101,228 | ||||
| Long-term investments | 93,170 | 152,345 | 127,379 | 100,091 | 101,228 | ||||
| Intangible assets, net (including goodwill) | 1,054 | 3,005 | 5,634 | 9,179 | 12,196 | ✕ | |||
| Intangible assets, net (excluding goodwill) | 1,054 | 3,005 | 5,634 | 9,179 | 12,196 | ||||
| Total noncurrent assets: | 98,624 | 162,950 | 141,763 | 113,920 | 113,424 | ||||
| Other undisclosed assets | 432,331 | 409,621 | 387,429 | 374,715 | 258,270 | 147,096 | |||
| TOTAL ASSETS: | 594,008 | 612,986 | 582,332 | 555,311 | 433,189 | 204,402 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accrued environmental loss contingencies | 1,450 | 1,450 | |||||||
| Total current liabilities: | 1,450 | 1,450 | |||||||
| Noncurrent Liabilities | |||||||||
| Other undisclosed liabilities | 133,600 | 149,127 | 131,158 | 138,911 | 20,643 | 14,472 | |||
| Total liabilities: | 135,050 | 150,577 | 131,158 | 138,911 | 20,643 | 14,472 | |||
| Equity | |||||||||
| Equity, attributable to parent | 455,147 | 457,303 | 444,176 | 406,381 | 399,895 | 179,835 | |||
| Common stock | 155 | 155 | 154 | 154 | 154 | 79 | |||
| Additional paid in capital | 602,031 | 600,308 | 599,033 | 597,922 | 597,271 | 381,171 | |||
| Accumulated other comprehensive income | 1 | ||||||||
| Accumulated deficit | (147,039) | (143,160) | (155,011) | (191,695) | (197,530) | (201,416) | |||
| Equity, attributable to noncontrolling interest | 3,811 | 5,106 | 6,998 | 10,019 | 12,651 | 10,095 | |||
| Total equity: | 458,958 | 462,409 | 451,174 | 416,400 | 412,546 | 189,930 | |||
| TOTAL LIABILITIES AND EQUITY: | 594,008 | 612,986 | 582,332 | 555,311 | 433,189 | 204,402 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 140,571 | 78,643 | 80,996 | 69,538 | 59,505 | 56,632 | ||
| Revenue, net | ✕ | 21,619 | 51,206 | 53,843 | 41,286 | 36,728 | 51,251 | |
| Cost of revenue | (125,830) | (48,888) | (39,606) | (25,890) | (19,287) | (25,485) | ||
| Cost of goods and services sold | (45,198) | (35,830) | (22,243) | (18,593) | (23,198) | |||
| Financial services costs | ✕ | (19,957) | ||||||
| Gross profit: | 14,741 | 29,755 | 41,390 | 43,648 | 40,218 | 31,147 | ||
| Operating expenses | (24,506) | (37,362) | (37,294) | (35,367) | (34,779) | (12,834) | ||
| Other undisclosed operating income (loss) | 9,046 | (947) | (1,137) | (298) | ||||
| Operating income (loss): | (9,765) | 1,439 | 3,149 | 7,144 | 5,141 | 18,313 | ||
| Nonoperating income (expense) | (19,783) | 386 | 876 | 1,198 | 914 | 55 | ||
| Investment income, nonoperating | 174 | 36 | 876 | 1,198 | 914 | 55 | ||
| Loss from real estate operations | (19,957) | |||||||
| Other nonoperating income | 350 | |||||||
| Interest and debt expense | (235) | (356) | ||||||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | (9,076) | 71 | (61) | (616) | ||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (29,783) | (7,607) | 4,096 | 8,281 | 5,439 | 18,368 | ||
| Income (loss) from equity method investments | 2,797 | 9,046 | (947) | (1,137) | (298) | |||
| Other undisclosed income from continuing operations before income taxes | 24,927 | 618 | 4,739 | 1,615 | 1,074 | 834 | ||
| Income (loss) from continuing operations before income taxes: | (2,059) | 2,057 | 7,888 | 8,759 | 6,215 | 19,202 | ||
| Income tax expense (benefit) | 554 | 9,852 | 29,075 | (2,256) | (1,483) | (6,498) | ||
| Income (loss) from continuing operations: | (1,505) | 11,909 | 36,963 | 6,503 | 4,732 | 12,704 | ||
| Income (loss) before gain (loss) on sale of properties: | (1,505) | 11,909 | 36,963 | 6,503 | 4,732 | 12,704 | ||
| Net income (loss): | (1,505) | 11,909 | 36,963 | 6,503 | 4,732 | 12,704 | ||
| Net income (loss) attributable to noncontrolling interest | 1,437 | (58) | (279) | (668) | (846) | (1,436) | ||
| Net income (loss) available to common stockholders, diluted: | (68) | 11,851 | 36,684 | 5,835 | 3,886 | 11,268 | ||
Comprehensive Income ($ in thousands)
| 3/31/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (1,505) | 11,909 | 36,963 | 6,503 | 4,732 | 12,704 | ||
| Other comprehensive loss | (1) | (2) | ||||||
| Comprehensive income (loss): | (1,505) | 11,909 | 36,963 | 6,503 | 4,731 | 12,702 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 1,437 | (58) | (279) | (668) | (846) | 1,436 | ||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (2,872) | |||||||
| Comprehensive income (loss), net of tax, attributable to parent: | (68) | 11,851 | 36,684 | 5,835 | 3,885 | 11,266 | ||
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.