Colony Credit Real Estate, Inc. (CLNC) financial statements (2020 and earlier)

Company profile

Business Address 515 S. FLOWER STREET
LOS ANGELES, CA 90071
State of Incorp. MD
Fiscal Year End December 31
SIC 6798 - Real Estate Investment Trusts (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments7077
Cash and cash equivalents7077
Total current assets:7077
Noncurrent Assets
Operating lease, right-of-use asset25
Long-term investments and receivables595903
Long-term investments595903
Total noncurrent assets:621903
Other undisclosed assets6,7247,680
TOTAL ASSETS:7,4148,661
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Liabilities, other than long-term debt32 
Deferred income tax liabilities32
Total noncurrent liabilities:32 
Other undisclosed liabilities5,1815,816
Total liabilities:5,2135,816
Stockholders' equity
Stockholders' equity attributable to parent, including:2,1192,707
Additional paid in capital2,9092,899
Accumulated other comprehensive income (loss)28(0)
Accumulated deficit(820)(193)
Other undisclosed stockholders' equity attributable to parent11
Stockholders' equity attributable to noncontrolling interest82138
Total stockholders' equity:2,2012,845
TOTAL LIABILITIES AND EQUITY:7,4148,661

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
Revenues589501
Operating lease, lease income205
Net investment income175152
Cost of revenue(221)(311)
Provision for loan, lease, and other losses(221)(114)
Gross profit:368190
Operating expenses(701)(149)
Operating income (loss):(333)40
Nonoperating income
(Investment Income, Nonoperating)
98
Interest and debt expense(88)(47)
Other undisclosed loss from continuing operations before equity method investments, income taxes(85)(166)
Loss from continuing operations before equity method investments, income taxes:(496)(164)
Income from equity method investments3724
Loss from continuing operations before income taxes:(459)(140)
Income tax expense(3)(37)
Net loss:(463)(177)
Net income attributable to noncontrolling interest489
Net loss attributable to parent:(415)(168)
Undistributed earnings (loss) allocated to participating securities, basic(2)(1)
Net loss available to common stockholders, diluted:(417)(170)

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
Net loss:(463)(177)
Other comprehensive income (loss)29(0)
Comprehensive loss:(433)(178)
Comprehensive loss, net of tax, attributable to noncontrolling interest(1)(0)
Other undisclosed comprehensive income, net of tax, attributable to parent489
Comprehensive loss, net of tax, attributable to parent:(386)(169)

Statements sources

The financial statements are based on the company's filings with the 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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