Brookfield Dtla Fund Office Trust Investor Inc (DTLA) financial statements (2021 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)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments373480323054125
Cash and cash equivalents373480323054125
Deferred costs(16)(13)(17)(13)   
Total current assets:212164193054125
Noncurrent Assets
Property, plant and equipment223223228228228228230
Intangible assets, net (including goodwill)2232455876100126
Intangible assets, net (excluding goodwill)2232455876100126
Total noncurrent assets:245254272286303327355
Other undisclosed assets2,5502,5522,4602,4432,4372,4172,398
TOTAL ASSETS:2,8162,8272,7962,7482,7702,7982,878
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Liabilities, other than long-term debt681216223038
Off-market lease, unfavorable681216223038
Total noncurrent liabilities:681216223038
Other undisclosed liabilities2,3372,2852,2082,0842,1772,2262,199
Total liabilities:2,3432,2942,2212,1002,1992,2562,237
Temporary equity, carrying amount1,1021,0541,016991830727740
Stockholders' equity
Stockholders' equity attributable to parent(524)(302)(189)(63)(23)1152
Additional paid in capital202198196194194192192
Accumulated other comprehensive loss   (0)(2)(3)(2)
Accumulated deficit(726)(500)(385)(257)(215)(178)(137)
Stockholders' equity attributable to noncontrolling interest(104)(216)(251)(280)(236)(196)(151)
Other undisclosed stockholders' equity (2)(0)    
Total stockholders' equity:(628)(521)(441)(343)(258)(185)(98)
TOTAL LIABILITIES AND EQUITY:2,8162,8272,7962,7482,7702,7982,878

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues286318316306311299294
Revenue, net306311299293
Operating lease, lease income257277
Operating leases, income statement, lease revenue162
Cost of revenue(181)(215)(214)(203)(207)(206)(204)
Cost of goods and services sold(107)(10)(10)(110)(99)(97)(100)
Gross profit:1041031021031039390
Operating expenses(167)(152)(146)(141)(141)(134)(143)
Other operating expense, net
(Other Expenses)
    (5)(5)(3)
Operating loss:(62)(49)(45)(38)(43)(46)(56)
Nonoperating income (expense)
(Investment Income, Nonoperating)
(1)23     
Interest and debt expense(83)(99)(105)(94)(95)(95)(93)
Loss from continuing operations before equity method investments, income taxes:(146)(126)(150)(131)(138)(141)(149)
Loss from equity method investments(1)      
Loss from continuing operations before income taxes:(146)(126)(150)(131)(138)(141)(149)
Other undisclosed income from continuing operations 991059410010196
Loss before gain (loss) on sale of properties:(146)(27)(45)(38)(38)(40)(53)
Other undisclosed net income83      
Net loss:(63)(27)(45)(38)(38)(40)(53)
Net income (loss) attributable to noncontrolling interest  (28)4641 53
Other undisclosed net income (loss) attributable to parent(145)(69)(37)(31)(22)18(30)
Net loss attributable to parent:(208)(96)(110)(23)(19)(22)(30)
Preferred stock dividends and other adjustments      (2)
Other undisclosed net loss available to common stockholders, basic(19)(19)(19)(19)(19)(19)(16)
Net loss available to common stockholders, diluted:(227)(115)(128)(42)(37)(41)(48)

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net loss:(63)(27)(45)(38)(38)(40)(53)
Other comprehensive income2      
Other undisclosed comprehensive income (loss) (2)032(1)(5)
Comprehensive loss:(61)(29)(44)(35)(36)(41)(58)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(145)(70)(65)13181926
Comprehensive loss, net of tax, attributable to parent:(206)(98)(110)(22)(18)(23)(32)

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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