Douglas Emmett, Inc. (DEI) financial statements (2020 and earlier)
Company profile
| Business Address |
1299 OCEAN AVENUE, SUITE 1000 SANTA MONICA, CA 90401 |
| 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)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 182 | 146 | 177 | 113 | 102 | 19 | 44 | ||
| Cash and cash equivalents | 182 | 146 | 177 | 113 | 102 | 19 | 44 | ||
| Receivables | 28 | ||||||||
| Total current assets: | 182 | 146 | 177 | 113 | 102 | 46 | 44 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 7 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 2 | 1 | 1 | 1 | 1 | 901 | 867 | ||
| Long-term investments and receivables | 102 | 111 | 108 | 144 | 165 | 171 | 183 | ||
| Long-term investments | 102 | 111 | 108 | 144 | 165 | 171 | 183 | ||
| Intangible assets, net (including goodwill) | 5 | 5 | 6 | 7 | 6 | 6 | 4 | ||
| Intangible assets, net (excluding goodwill) | 5 | 5 | 6 | 7 | 6 | 6 | 4 | ||
| Total noncurrent assets: | 117 | 117 | 115 | 153 | 173 | 1,078 | 1,054 | ||
| Other undisclosed assets | 8,222 | 7,998 | 8,001 | 7,348 | 5,792 | 4,831 | 4,750 | ||
| TOTAL ASSETS: | 8,521 | 8,262 | 8,293 | 7,614 | 6,066 | 5,955 | 5,848 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 38 | 53 | 76 | 67 | 29 | 46 | 60 | ||
| Off-market lease, unfavorable | 38 | 53 | 76 | 67 | 29 | 46 | 60 | ||
| Total noncurrent liabilities: | 38 | 53 | 76 | 67 | 29 | 46 | 60 | ||
| Other undisclosed liabilities | 4,498 | 4,361 | 4,315 | 4,532 | 3,756 | 3,595 | 3,421 | ||
| Total liabilities: | 4,537 | 4,413 | 4,391 | 4,600 | 3,785 | 3,641 | 3,481 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 2,451 | 2,402 | 2,438 | 1,921 | 1,926 | 1,943 | 1,970 | ||
| Common stock | 2 | 2 | 2 | 2 | 1 | 1 | 1 | ||
| Additional paid in capital | 3,486 | 3,282 | 3,273 | 2,725 | 2,707 | 2,679 | 2,654 | ||
| Accumulated other comprehensive income (loss) | (49) | 54 | 43 | 15 | (9) | (30) | (51) | ||
| Accumulated deficit | (988) | (936) | (880) | (821) | (773) | (707) | (634) | ||
| Stockholders' equity attributable to noncontrolling interest | 1,533 | 1,446 | 1,465 | 1,093 | 355 | 370 | 397 | ||
| Total stockholders' equity: | 3,984 | 3,848 | 3,902 | 3,014 | 2,282 | 2,314 | 2,367 | ||
| TOTAL LIABILITIES AND EQUITY: | 8,521 | 8,262 | 8,293 | 7,614 | 6,066 | 5,955 | 5,848 | ||
Income statement (P&L) ($ in millions)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Gross profit: | 919 | 881 | 812 | 743 | 636 | 600 | 592 | |
| Operating expenses | (670) | (629) | (571) | (522) | (446) | (432) | (413) | |
| Other operating income (expense), net (Other Expenses) | (7) | 4 | ||||||
| Other undisclosed operating income (loss) | 7 | (4) | ||||||
| Operating income: | 249 | 252 | 241 | 221 | 190 | 168 | 179 | |
| Nonoperating income | 2 | 2 | 2 | 15 | 18 | 6 | ||
| Gain on contract termination | 2 | 2 | 2 | 2 | 3 | 1 | ||
| Interest and debt expense | (141) | (133) | (145) | (146) | (135) | (129) | (131) | |
| Other undisclosed income from continuing operations before equity method investments, income taxes | 2 | |||||||
| Income from continuing operations before equity method investments, income taxes: | 110 | 120 | 98 | 77 | 69 | 57 | 55 | |
| Income from equity method investments | 7 | 6 | 6 | 8 | 8 | 4 | 3 | |
| Income from continuing operations: | 117 | 127 | 104 | 85 | 77 | 61 | 58 | |
| Other undisclosed income (loss) before gain (loss) on sale of properties | 2 | 2 | 1 | (3) | ||||
| Income before gain (loss) on sale of properties: | 119 | 129 | 104 | 82 | 77 | 61 | 58 | |
| Gain on sale of properties, net of applicable income taxes | 14 | |||||||
| Other undisclosed net income (loss) | 0 | (8) | (8) | (5) | ||||
| Net income: | 120 | 129 | 104 | 96 | 69 | 53 | 53 | |
| Net loss attributable to noncontrolling interest | (9) | (13) | (10) | (11) | (10) | (8) | (8) | |
| Net income available to common stockholders, basic: | 111 | 116 | 94 | 85 | 58 | 45 | 45 | |
| Dilutive securities, effect on basic earnings per share | 0 | 0 | ||||||
| Other undisclosed net income (loss) available to common stockholders, diluted | (1) | (1) | 9 | 9 | ||||
| Net income available to common stockholders, diluted: | 111 | 116 | 94 | 85 | 58 | 53 | 54 | |
Comprehensive Income ($ in millions)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 120 | 129 | 104 | 96 | 69 | 53 | 53 | |
| Other comprehensive income (loss) | (92) | 15 | ||||||
| Other undisclosed comprehensive income (loss) | (115) | 34 | 40 | 25 | 25 | 40 | ||
| Comprehensive income (loss): | (87) | 144 | 139 | 137 | 94 | 78 | 92 | |
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 54 | (17) | (16) | (27) | (14) | (13) | 15 | |
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (29) | |||||||
| Comprehensive income (loss), net of tax, attributable to parent: | (33) | 127 | 122 | 110 | 79 | 65 | 78 | |
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.