Pacific Office Properties Trust Inc (PCE) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
841 BISHOP STREET HONOLULU, HI 96813 |
| 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)
| 9/30/2018 MRQ | 12/31/2017 | 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 | 1,588 | 1,431 | 3,817 | 6,904 | 15,364 | 21,304 | |||
| Cash and cash equivalents | 1,588 | 1,431 | 3,817 | 6,904 | 15,364 | 21,304 | |||
| Total current assets: | 1,588 | 1,431 | 3,817 | 6,904 | 15,364 | 21,304 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 35,557 | 35,154 | 35,196 | 35,138 | 38,871 | 39,290 | |||
| Intangible assets, net (including goodwill) | 42,430 | 42,926 | 43,653 | 45,429 | 46,384 | 47,454 | |||
| Goodwill | 37,665 | 37,665 | 37,665 | 39,111 | 39,111 | 39,111 | |||
| Intangible assets, net (excluding goodwill) | 4,765 | 5,261 | 5,988 | 6,318 | 7,273 | 8,343 | |||
| Regulated entity, other noncurrent assets | 2,870 | 5,186 | |||||||
| Total noncurrent assets: | 80,857 | 83,266 | 78,849 | 80,567 | 85,255 | 86,744 | |||
| Other undisclosed assets | 168,280 | 172,638 | 173,121 | 184,747 | 187,952 | 191,840 | |||
| TOTAL ASSETS: | 250,725 | 257,335 | 255,787 | 272,218 | 288,571 | 299,888 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 2,778 | 3,010 | 3,242 | 3,474 | 3,724 | 3,989 | |||
| Off-market lease, unfavorable | 2,778 | 3,010 | 3,242 | 3,474 | 3,724 | 3,989 | |||
| Total noncurrent liabilities: | 2,778 | 3,010 | 3,242 | 3,474 | 3,724 | 3,989 | |||
| Other undisclosed liabilities | 407,933 | 396,500 | 376,735 | 374,649 | 369,379 | 352,275 | |||
| Total liabilities: | 410,711 | 399,510 | 379,977 | 378,123 | 373,103 | 356,264 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (160,993) | (157,063) | (153,134) | (149,140) | (144,471) | (138,320) | |||
| Additional paid in capital | 161 | 110 | 110 | 110 | 110 | 110 | |||
| Accumulated deficit | (182,747) | (178,817) | (174,888) | (170,894) | (166,225) | (160,074) | |||
| Other undisclosed equity, attributable to parent | 21,593 | 21,644 | 21,644 | 21,644 | 21,644 | 21,644 | |||
| Other undisclosed equity | 1,007 | 14,888 | 28,944 | 43,235 | 59,939 | 81,944 | |||
| Total equity: | (159,986) | (142,175) | (124,190) | (105,905) | (84,532) | (56,376) | |||
| TOTAL LIABILITIES AND EQUITY: | 250,725 | 257,335 | 255,787 | 272,218 | 288,571 | 299,888 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2018 TTM | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 45,494 | 44,777 | 44,114 | 64,549 | 66,927 | 69,457 | ||
| Cost of revenue | (58,680) | (56,778) | (57,011) | (53,327) | (65,653) | (64,936) | ||
| Cost of goods and services sold | (25,951) | (25,384) | (25,677) | (26,597) | (27,822) | (28,328) | ||
| Gross profit: | (13,186) | (12,001) | (12,897) | 11,222 | 1,274 | 4,521 | ||
| Operating expenses | (1,964) | (1,744) | (1,684) | (6,462) | (4,553) | (4,322) | ||
| Operating income (loss): | (15,150) | (13,745) | (14,581) | 4,760 | (3,279) | 199 | ||
| Interest and debt expense | (22,368) | (20,917) | (20,581) | (20,356) | (20,155) | (17,835) | ||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | 22,368 | 20,917 | 20,581 | (73) | (1,490) | (4,948) | ||
| Loss from continuing operations before equity method investments, income taxes: | (15,150) | (13,745) | (14,581) | (15,669) | (24,924) | (22,584) | ||
| Income (loss) from equity method investments | 1,349 | (219) | 497 | (1,147) | 789 | 310 | ||
| Loss from continuing operations: | (13,801) | (13,964) | (14,084) | (16,816) | (24,135) | (22,274) | ||
| Loss before gain (loss) on sale of properties: | (13,801) | (13,964) | (14,264) | (17,352) | (24,135) | (22,274) | ||
| Loss from discontinued operations | (180) | (536) | ||||||
| Other undisclosed net income | 8,378 | |||||||
| Net loss: | (13,801) | (13,964) | (14,264) | (17,352) | (24,135) | (13,896) | ||
| Net income attributable to noncontrolling interest | 11,608 | 11,783 | 12,018 | 14,431 | 19,732 | 11,730 | ||
| Other undisclosed net loss attributable to parent | (11,730) | |||||||
| Net loss attributable to parent: | (2,193) | (2,181) | (2,246) | (2,921) | (4,403) | (13,896) | ||
| Other undisclosed net income (loss) available to common stockholders, basic | (1,737) | (1,748) | (1,748) | (1,748) | (1,748) | 9,982 | ||
| Net loss available to common stockholders, diluted: | (3,930) | (3,929) | (3,994) | (4,669) | (6,151) | (3,914) | ||
Comprehensive Income ($ in thousands)
| 9/30/2018 TTM | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (13,801) | (13,964) | (14,264) | (17,352) | (24,135) | (13,896) | ||
| Comprehensive loss: | (13,801) | (13,964) | (14,264) | (17,352) | (24,135) | (13,896) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 11,608 | 11,783 | 12,018 | 14,431 | (19,732) | (11,730) | ||
| Comprehensive loss, net of tax, attributable to parent: | (2,193) | (2,181) | (2,246) | (2,921) | (43,867) | (25,626) | ||
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.