Front Yard Residential Corp (RESI) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
5100 TAMARIND REEF CHRISTIANSTED, 00820 |
| State of Incorp. | |
| 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)
| 9/30/2020 MRQ | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 43,727 | 44,186 | 113,666 | 106,276 | 116,702 | 66,166 | |||
| Cash and cash equivalents | 43,727 | 44,186 | 113,666 | 106,276 | 116,702 | 66,166 | |||
| Receivables | 9,235 | 11,591 | 19,555 | 34,931 | 45,903 | 10,313 | |||
| Total current assets: | 52,962 | 55,777 | 133,221 | 141,207 | 162,605 | 76,479 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 2,900 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Operating lease, right-of-use asset | 900 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 398,840 | 395,532 | 322,062 | 220,800 | 56,346 | 14,424 | |||
| Long-term investments and receivables | 18,000 | ||||||||
| Long-term investments | 18,000 | ||||||||
| Intangible assets, net (including goodwill) | 13,376 | 13,376 | |||||||
| Goodwill | 13,376 | 13,376 | |||||||
| Total noncurrent assets: | 416,016 | 408,908 | 322,062 | 220,800 | 56,346 | 32,424 | |||
| Other undisclosed assets | 1,584,144 | 1,805,566 | 1,519,266 | 1,922,840 | 2,238,997 | 2,617,159 | |||
| TOTAL ASSETS: | 2,053,122 | 2,270,251 | 1,974,549 | 2,284,847 | 2,457,948 | 2,726,062 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Debt | 14,991 | ||||||||
| Total current liabilities: | 14,991 | ||||||||
| Noncurrent Liabilities | |||||||||
| Other undisclosed liabilities | 1,713,863 | 1,798,859 | 1,329,947 | 1,421,779 | 1,290,600 | 1,399,151 | |||
| Total liabilities: | 1,713,863 | 1,798,859 | 1,329,947 | 1,421,779 | 1,305,591 | 1,399,151 | |||
| Equity | |||||||||
| Equity, attributable to parent | 339,259 | 471,392 | 644,602 | 863,068 | 1,152,357 | 1,326,911 | |||
| Common stock | 539 | 536 | 534 | 537 | 572 | 572 | |||
| Treasury stock, value | (24,983) | ||||||||
| Additional paid in capital | 1,189,236 | 1,184,132 | 1,181,327 | 1,182,245 | 1,227,385 | 1,227,091 | |||
| Accumulated other comprehensive loss | (19,914) | (12,653) | |||||||
| Retained earnings (accumulated deficit) | (830,602) | (700,623) | (537,259) | (319,714) | (50,617) | 99,248 | |||
| Total equity: | 339,259 | 471,392 | 644,602 | 863,068 | 1,152,357 | 1,326,911 | |||
| TOTAL LIABILITIES AND EQUITY: | 2,053,122 | 2,270,251 | 1,974,549 | 2,284,847 | 2,457,948 | 2,726,062 | |||
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 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 207,010 | 183,013 | 94,171 | 56,758 | 248,098 | 423,298 | ||
| Operating leases, income statement, lease revenue | ✕ | ✕ | 183,013 | ✕ | ✕ | ✕ | ✕ | |
| Revenue, net | ✕ | ✕ | ✕ | 123,597 | 48,563 | 13,233 | 1,564 | |
| Operating lease, lease income | 207,010 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Realized investment gains | 84,024 | 35,760 | 58,061 | 55,766 | ||||
| Cost of revenue (Cost of Goods and Services Sold) | (71,741) | (70,167) | (66,266) | (26,018) | ||||
| Gross profit: | 207,010 | 183,013 | 22,430 | (13,409) | 181,832 | 397,280 | ||
| Operating expenses | (314,070) | (314,618) | (276,927) | (283,927) | (297,555) | (236,943) | ||
| Other undisclosed operating income (loss) | 12,856 | (145) | 71,741 | |||||
| Operating income (loss): | (94,204) | (131,750) | (182,756) | (297,336) | (115,723) | 160,337 | ||
| Nonoperating income (expense) | (11,750) | 373 | (6,021) | (750) | 3,518 | 14,225 | ||
| Investment income, nonoperating | 2,200 | |||||||
| Loss from catastrophes | (978) | (552) | (6,021) | |||||
| Gains on sales of other real estate | 9,482 | |||||||
| Other nonoperating income (expense) | (10,772) | 925 | (750) | 3,518 | 2,543 | |||
| Interest and debt expense | (84,137) | (77,035) | (59,582) | (53,868) | (53,694) | (35,812) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (190,091) | (208,412) | (248,359) | (351,954) | (165,899) | 138,750 | ||
| Other undisclosed income from continuing operations before income taxes | 84,867 | 77,623 | 62,931 | 124,035 | 119,960 | 50,148 | ||
| Income (loss) from continuing operations before income taxes: | (105,224) | (130,789) | (185,428) | (227,919) | (45,939) | 188,898 | ||
| Income tax expense | (167) | (46) | (26) | (109) | (66) | (45) | ||
| Income (loss) from continuing operations: | (105,391) | (130,835) | (185,454) | (228,028) | (46,005) | 188,853 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | (105,391) | (130,835) | (185,454) | (228,028) | (46,005) | 188,853 | |
| Net income (loss) available to common stockholders, diluted: | (105,391) | (130,835) | (185,454) | (228,028) | (46,005) | 188,853 | ||
Comprehensive Income ($ in thousands)
| 9/30/2020 TTM | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (105,391) | (130,835) | (185,454) | (228,028) | (46,005) | 188,853 | ||
| Comprehensive income (loss): | (105,391) | (130,835) | (185,454) | (228,028) | (46,005) | 188,853 | ||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (7,261) | (12,653) | ||||||
| Comprehensive income (loss), net of tax, attributable to parent: | (112,652) | (143,488) | (185,454) | (228,028) | (46,005) | 188,853 | ||
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.