Tremont Mortgage Trust (TRMT) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
TWO NEWTON PLACE, 255 WASHINGTON STREET NEWTON, MA 02458 |
| 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)
| 6/30/2021 MRQ | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 10,521 | 8,732 | 27,024 | 61,666 | |||
| Cash and cash equivalent | 10,521 | 8,732 | 27,024 | 61,666 | |||
| Total current assets: | 10,521 | 8,732 | 27,024 | 61,666 | |||
| Noncurrent Assets | |||||||
| Other undisclosed assets | 283,661 | 243,197 | 136,889 | 259 | |||
| TOTAL ASSETS: | 294,182 | 251,929 | 163,913 | 61,925 | |||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Noncurrent Liabilities | |||||||
| Other undisclosed liabilities | 205,279 | 165,708 | 104,245 | 1,055 | |||
| Total liabilities: | 205,279 | 165,708 | 104,245 | 1,055 | |||
| Equity | |||||||
| Equity, attributable to parent, including: | 88,903 | 86,221 | 59,668 | 60,870 | |||
| Common stock | 83 | 82 | 32 | 31 | |||
| Additional paid in capital | 89,160 | 88,869 | 62,540 | 62,135 | |||
| Retained earnings (accumulated deficit) | 10,788 | 1,937 | (2,904) | (1,296) | |||
| Other undisclosed equity, attributable to parent | (11,128) | (4,667) | |||||
| Total equity: | 88,903 | 86,221 | 59,668 | 60,870 | |||
| TOTAL LIABILITIES AND EQUITY: | 294,182 | 251,929 | 163,913 | 61,925 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2021 TTM | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|
| Revenues (Net Investment Income) | 12,439 | 8,428 | 2,400 | |||
| Cost of revenue | (1,159) | (1,457) | (1,460) | |||
| Gross profit: | 11,280 | 6,971 | 940 | |||
| Operating expenses | (2,354) | (2,130) | (2,548) | |||
| Operating income (loss): | 8,926 | 4,841 | (1,608) | |||
| Interest and debt expense | (475) | (613) | (282) | |||
| Income (loss) from continuing operations before equity method investments, income taxes: | 8,451 | 4,228 | (1,890) | |||
| Other undisclosed income from continuing operations before income taxes | 475 | |||||
| Income (loss) from continuing operations before income taxes: | 8,926 | 4,228 | (1,890) | |||
| Income tax expense | (75) | |||||
| Income (loss) from continuing operations: | 8,851 | 4,228 | (1,890) | |||
| Income (loss) before gain (loss) on sale of properties: | ✕ | 8,851 | 4,228 | (1,890) | ||
| Net income (loss): | 8,851 | 4,228 | (1,890) | |||
| Other undisclosed net income attributable to parent | 613 | 282 | ||||
| Net income (loss) available to common stockholders, diluted: | 8,851 | 4,841 | (1,608) | |||
Comprehensive Income ($ in thousands)
| 6/30/2021 TTM | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|
| Net income (loss): | 8,851 | 4,228 | (1,890) | |||
| Comprehensive income (loss), net of tax, attributable to parent: | 8,851 | 4,228 | (1,890) | |||
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.