Jernigan Capital, Inc. (JCAP) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
6410 POPLAR AVE. MEMPHIS, TN 38119 |
| 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)
| 9/30/2020 MRQ | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 3,278 | 8,715 | 46,977 | 67,373 | 43,859 | |||
| Cash and cash equivalents | 3,278 | 8,715 | 46,977 | 67,373 | 43,859 | |||
| Deferred costs | 2,200 | |||||||
| Other undisclosed current assets | 809,296 | 581,460 | 267,475 | 123,007 | 61,307 | |||
| Total current assets: | 812,574 | 590,175 | 314,452 | 192,580 | 105,166 | |||
| Noncurrent Assets | ||||||||
| Inventory, real estate | 13,720 | |||||||
| Property, plant and equipment | 1,505 | |||||||
| Intangible assets, net (including goodwill) | 602 | |||||||
| Intangible assets, net (excluding goodwill) | 602 | |||||||
| Regulated entity, other noncurrent assets | 33 | |||||||
| Other undisclosed noncurrent assets | 203 | 233 | (15,645) | 166 | 261 | |||
| Total noncurrent assets: | 203 | 233 | 182 | 199 | 261 | |||
| TOTAL ASSETS: | 812,777 | 590,408 | 314,634 | 192,779 | 105,427 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities | 67 | |||||||
| Accounts payable | 67 | |||||||
| Total current liabilities: | 67 | |||||||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation | 202,791 | 24,609 | ||||||
| Long-term debt, excluding current maturities | 202,791 | 24,609 | ||||||
| Total noncurrent liabilities: | 202,791 | 24,609 | ||||||
| Other undisclosed liabilities | 21,112 | 17,935 | 8,747 | 24,417 | 3,663 | |||
| Total liabilities: | 223,903 | 42,544 | 8,814 | 24,417 | 3,663 | |||
| Equity | ||||||||
| Equity, attributable to parent | 420,939 | 388,326 | 305,820 | 168,362 | 101,300 | |||
| Preferred stock | 37,764 | 9,448 | ||||||
| Common stock | 224 | 204 | 144 | 90 | 62 | |||
| Additional paid in capital | 426,129 | 386,394 | 276,814 | 162,664 | 110,634 | |||
| Accumulated other comprehensive loss | (393) | |||||||
| Retained earnings (accumulated deficit) | (5,021) | 1,728 | (8,902) | (3,840) | (9,396) | |||
| Equity, attributable to noncontrolling interest | 464 | |||||||
| Other undisclosed equity | 167,935 | 159,538 | ||||||
| Total equity: | 588,874 | 547,864 | 305,820 | 168,362 | 101,764 | |||
| TOTAL LIABILITIES AND EQUITY: | 812,777 | 590,408 | 314,634 | 192,779 | 105,427 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2020 TTM | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 45,093 | 31,214 | 12,191 | 740 | 100 | ||
| Net investment income | 1,169 | 740 | 100 | ||||
| Cost of revenue | (8,381) | (3,425) | (472) | (239) | (2,847) | ||
| Gross profit: | 36,712 | 27,789 | 11,719 | 501 | (2,747) | ||
| Operating expenses | (20,811) | (16,714) | (9,576) | (9,445) | (2,858) | ||
| Other operating expense, net (Other Expenses) | (2,186) | ||||||
| Other undisclosed operating income | 2,186 | 5,792 | 1,643 | ||||
| Operating income (loss): | 15,901 | 11,075 | 2,143 | (3,152) | (3,962) | ||
| Nonoperating income | 28,505 | 43,291 | 12,416 | 19,169 | 1,019 | ||
| Investment income, nonoperating | 36,451 | 27,576 | 37,724 | 25,774 | 2,615 | ||
| Interest and debt expense | (8,500) | (2,155) | (232) | (559) | |||
| Income (loss) from continuing operations: | 35,906 | 52,211 | 14,327 | 15,458 | (2,943) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | 35,906 | 52,211 | 14,327 | 15,458 | (2,943) | |
| Net income (loss): | 35,906 | 52,211 | 14,327 | 15,458 | (2,943) | ||
| Other undisclosed net income attributable to parent | 8,500 | 2,155 | 232 | 559 | |||
| Net income (loss) attributable to parent: | 44,406 | 54,366 | 14,559 | 16,017 | (2,943) | ||
| Preferred stock dividends and other adjustments | (20,478) | (18,014) | (1,456) | (996) | (152) | ||
| Net income (loss) available to common stockholders, diluted: | 23,928 | 36,352 | 13,103 | 15,021 | (3,095) | ||
Comprehensive Income ($ in thousands)
| 9/30/2020 TTM | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|
| Net income (loss): | 35,906 | 52,211 | 14,327 | 15,458 | (2,943) | ||
| Other comprehensive loss | (393) | ||||||
| Comprehensive income (loss): | 35,513 | 52,211 | 14,327 | 15,458 | (2,943) | ||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 8,500 | ||||||
| Comprehensive income (loss), net of tax, attributable to parent: | 44,013 | 52,211 | 14,327 | 15,458 | (2,943) | ||
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.