Inland Real Estate Corp (IRC) Financial Statements (2024 and earlier)

Company Profile

Business Address 2901 BUTTERFIELD RD
OAK BROOK, IL 60523
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)

12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments18,38511,25818,505
Cash and cash equivalents18,38511,25818,505
Total current assets:18,38511,25818,505
Noncurrent Assets
Property, plant and equipment385,432387,010313,261
Long-term investments and receivables170,720119,476129,196
Long-term investments170,720119,476129,196
Intangible assets, net (including goodwill)44,75160,38528,716
Intangible assets, net (excluding goodwill)44,75160,38528,716
Total noncurrent assets:600,903566,871471,173
Other undisclosed assets953,663951,808753,727
TOTAL ASSETS:1,572,9511,529,9371,243,405
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities949,775974,468833,202
Total liabilities:949,775974,468833,202
Equity
Equity, attributable to parent, including:622,698555,468409,579
Preferred stock  110,000110,000
Common stock1,002997894
Additional paid in capital874,154877,328784,139
Accumulated other comprehensive loss(6,338)(4,904)(9,269)
Other undisclosed equity, attributable to parent(246,120)(427,953)(476,185)
Equity, attributable to noncontrolling interest4781624
Total equity:623,176555,469410,203
TOTAL LIABILITIES AND EQUITY:1,572,9511,529,9371,243,405

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

12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues
(Revenue, Net)
204,762183,374159,844
Cost of revenue
(Cost of Goods and Services Sold)
(103,887)(94,039)(77,651)
Gross profit:100,87589,33582,193
Operating expenses(166,448)(162,717)(124,475)
Other undisclosed operating income103,88794,03977,651
Operating income:38,31420,65735,369
Nonoperating income2,4663,2064,399
Investment income, nonoperating1,1771,433766
Other nonoperating income1,2891,7733,633
Interest and debt expense(34,591)(34,621)(35,680)
Other undisclosed income from continuing operations before equity method investments, income taxes24,90699,9131,085
Income from continuing operations before equity method investments, income taxes:31,09589,1555,173
Income from equity method investments8,7627,8932,875
Income from continuing operations before income taxes:39,85797,0488,048
Income tax expense (benefit)(1,455)2,7216,346
Income from continuing operations:38,40299,76914,394
Income before gain (loss) on sale of properties:39,109111,67917,692
Income from discontinued operations 70711,9103,298
Net income:39,109111,67917,692
Net income (loss) attributable to noncontrolling interest66567
Net income attributable to parent:39,175111,68417,759
Preferred stock dividends and other adjustments(10,366)(8,949)(7,910)
Net income available to common stockholders, diluted:28,809102,7359,849

Comprehensive Income ($ in thousands)

12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net income:39,109111,67917,692
Other comprehensive income  4,365 
Comprehensive income:39,109116,04417,692
Comprehensive loss, net of tax, attributable to noncontrolling interest(66)(5)(67)
Other undisclosed comprehensive loss, net of tax, attributable to parent(11,668)(8,939)(9,645)
Comprehensive income, net of tax, attributable to parent:27,375107,1007,980

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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