Brookfield DTLA Fund Office Trust Investor Inc. (DTLAP) financial statements (2022 and earlier)

Company profile

Business Address C/O BROOKFIELD OFFICE PROPERTIES INC.
NEW YORK, NY 10281
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)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments39373480323054
Cash and cash equivalents39373480323054
Deferred costs(15)(16)(13)(17)(13)  
Total current assets:23212164193054
Noncurrent Assets
Property, plant and equipment223223223228228228228
Intangible assets, net (including goodwill)162232455876100
Intangible assets, net (excluding goodwill)162232455876100
Total noncurrent assets:239245254272286303327
Other undisclosed assets2,4602,5502,5522,4602,4432,4372,417
TOTAL ASSETS:2,7222,8162,8272,7962,7482,7702,798
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Liabilities, other than long-term debt46812162230
Off-market lease, unfavorable46812162230
Total noncurrent liabilities:46812162230
Other undisclosed liabilities2,3352,3372,2852,2082,0842,1772,226
Total liabilities:2,3402,3432,2942,2212,1002,1992,256
Temporary equity, carrying amount1,1171,1021,0541,016991830727
Stockholders' equity
Stockholders' equity attributable to parent(663)(524)(302)(189)(63)(23)11
Additional paid in capital203202198196194194192
Accumulated other comprehensive loss    (0)(2)(3)
Accumulated deficit(866)(726)(500)(385)(257)(215)(178)
Stockholders' equity attributable to noncontrolling interest(71)(104)(216)(251)(280)(236)(196)
Other undisclosed stockholders' equity  (2)(0)   
Total stockholders' equity:(734)(628)(521)(441)(343)(258)(185)
TOTAL LIABILITIES AND EQUITY:2,7222,8162,8272,7962,7482,7702,798

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues284286318316306311299
Revenue, net306311299
Operating lease, lease income257257277
Operating leases, income statement, lease revenue162
Cost of revenue(187)(181)(215)(214)(203)(207)(206)
Cost of goods and services sold(106)(107)(10)(10)(110)(99)(97)
Gross profit:9710410310210310393
Operating expenses(151)(167)(152)(146)(141)(141)(134)
Other operating expense, net
(Other Expenses)
     (5)(5)
Operating loss:(54)(62)(49)(45)(38)(43)(46)
Nonoperating income (expense)
(Investment Income, Nonoperating)
1(1)23    
Interest and debt expense(84)(83)(99)(105)(94)(95)(95)
Loss from continuing operations before equity method investments, income taxes:(138)(146)(126)(150)(131)(138)(141)
Income (loss) from equity method investments1(1)     
Loss from continuing operations before income taxes:(137)(146)(126)(150)(131)(138)(141)
Other undisclosed income from continuing operations  9910594100101
Loss before gain (loss) on sale of properties:(137)(146)(27)(45)(38)(38)(40)
Other undisclosed net income8483     
Net loss:(54)(63)(27)(45)(38)(38)(40)
Net income (loss) attributable to noncontrolling interest   (28)4641 
Other undisclosed net income (loss) attributable to parent(67)(145)(69)(37)(31)(22)18
Net loss attributable to parent:(121)(208)(96)(110)(23)(19)(22)
Other undisclosed net loss available to common stockholders, basic(19)(19)(19)(19)(19)(19)(19)
Net loss available to common stockholders, diluted:(140)(227)(115)(128)(42)(37)(41)

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net loss:(54)(63)(27)(45)(38)(38)(40)
Other comprehensive income 2     
Other undisclosed comprehensive income (loss)  (2)032(1)
Comprehensive loss:(54)(61)(29)(44)(35)(36)(41)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(67)(145)(70)(65)131819
Comprehensive loss, net of tax, attributable to parent:(121)(206)(98)(110)(22)(18)(23)

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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