Colony Credit Real Estate, Inc. (CLNC) financial statements (2021 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)

12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments4757077
Cash and cash equivalents4757077
Total current assets:4757077
Noncurrent Assets
Operating lease, right-of-use asset2225
Long-term investments and receivables373595903
Long-term investments373595903
Total noncurrent assets:395621903
Other undisclosed assets5,3426,7247,680
TOTAL ASSETS:6,2127,4148,661
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Liabilities, other than long-term debt3332 
Deferred income tax liabilities3332
Total noncurrent liabilities:3332 
Other undisclosed liabilities4,2215,1815,816
Total liabilities:4,2535,2135,816
Stockholders' equity
Stockholders' equity attributable to parent, including:1,6662,1192,707
Common stock1  
Additional paid in capital2,8442,9092,899
Accumulated other comprehensive income (loss)5528(0)
Accumulated deficit(1,234)(820)(193)
Other undisclosed stockholders' equity attributable to parent 11
Stockholders' equity attributable to noncontrolling interest29382138
Total stockholders' equity:1,9592,2012,845
TOTAL LIABILITIES AND EQUITY:6,2127,4148,661

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

12/31/2020
12/31/2019
12/31/2018
Revenues291589501
Operating lease, lease income169205
Net investment income157175152
Cost of revenue(232)(221)(311)
Provision for loan, lease, and other losses(79)(221)(114)
Gross profit:59368190
Operating expenses(129)(701)(149)
Operating income (loss):(70)(333)40
Nonoperating income (expense)
(Investment Income, Nonoperating)
(110)98
Interest and debt expense(63)(88)(47)
Other undisclosed loss from continuing operations before equity method investments, income taxes(8)(85)(166)
Loss from continuing operations before equity method investments, income taxes:(251)(496)(164)
Income (loss) from equity method investments(135)3724
Loss from continuing operations before income taxes:(386)(459)(140)
Income tax expense (benefit)11(3)(37)
Net loss:(376)(463)(177)
Net income attributable to noncontrolling interest22489
Net loss attributable to parent:(353)(415)(168)
Undistributed earnings (loss) allocated to participating securities, basic(0)(2)(1)
Net loss available to common stockholders, diluted:(354)(417)(170)

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
Net loss:(376)(463)(177)
Other comprehensive income (loss)2929(0)
Comprehensive loss:(347)(433)(178)
Comprehensive loss, net of tax, attributable to noncontrolling interest (1)(0)
Other undisclosed comprehensive income, net of tax, attributable to parent20489
Comprehensive loss, net of tax, attributable to parent:(327)(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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