GRAMERCY PROPERTY TRUST (GPT) financial statements (2021 and earlier)
Company profile
| Business Address |
90 PARK AVENUE NEW YORK, NY 10016 |
| 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)
| 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 30 | 68 | 128 | 40 | 83 | 107 | ||
| Cash and cash equivalents | 30 | 68 | 128 | 40 | 83 | 107 | ||
| Restricted cash and investments | 11 | |||||||
| Receivables | 11 | 10 | 7 | |||||
| Deferred costs | (4) | |||||||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | ✕ | 2 | ||
| Total current assets: | 30 | 68 | 124 | 51 | 93 | 127 | ||
| Noncurrent Assets | ||||||||
| Property, plant and equipment | 1,024 | 805 | 703 | 631 | 639 | 561 | ||
| Long-term investments and receivables | 70 | 102 | 580 | 424 | 515 | 516 | ||
| Long-term investments | 70 | 102 | 580 | 424 | 515 | 516 | ||
| Intangible assets, net (including goodwill) | 599 | 619 | 686 | 220 | 249 | 32 | ||
| Goodwill | 4 | |||||||
| Intangible assets, net (excluding goodwill) | 599 | 619 | 682 | 220 | 249 | 32 | ||
| Deferred costs | 24 | 11 | ||||||
| Total noncurrent assets: | 1,693 | 1,526 | 1,992 | 1,286 | 1,403 | 1,108 | ||
| Other undisclosed assets | 4,733 | 4,010 | 3,724 | 1,533 | 1,514 | 1,320 | ||
| TOTAL ASSETS: | 6,456 | 5,604 | 5,841 | 2,870 | 3,011 | 2,555 | ||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Debt | 562 | 397 | ||||||
| Derivative instruments and hedges, liabilities | 3 | |||||||
| Total current liabilities: | 562 | 400 | ||||||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation | 570 | 570 | ||||||
| Long-term debt, excluding current maturities | 570 | 570 | ||||||
| Liabilities, other than long-term debt | 138 | 204 | 225 | 25 | ||||
| Deferred revenue and credits | (29) | (26) | (17) | |||||
| Off-market lease, unfavorable | 166 | 230 | 242 | 25 | ||||
| Total noncurrent liabilities: | 138 | 204 | 225 | 570 | 570 | 25 | ||
| Other undisclosed liabilities | 3,066 | 2,076 | 2,293 | 939 | 956 | 869 | ||
| Total liabilities: | 3,204 | 2,842 | 2,919 | 1,509 | 1,526 | 894 | ||
| Temporary equity, carrying amount | 114 | 9 | 11 | |||||
| Stockholders' equity | ||||||||
| Stockholders' equity attributable to parent, including: | 3,139 | 2,753 | 2,911 | 1,361 | 1,485 | 1,657 | ||
| Preferred stock | 84 | |||||||
| Common stock | 2 | 1 | 4 | 2 | 2 | 2 | ||
| Additional paid in capital | 4,410 | 3,888 | 3,880 | 2,072 | 2,067 | 2,204 | ||
| Accumulated other comprehensive income (loss) | 13 | (4) | (6) | (23) | 5 | (9) | ||
| Accumulated deficit | (1,370) | (1,217) | (1,051) | (690) | (589) | (540) | ||
| Other undisclosed stockholders' equity attributable to parent | 84 | 84 | ||||||
| Stockholders' equity attributable to noncontrolling interest | 0 | (0) | (0) | |||||
| Other undisclosed stockholders' equity | 3 | |||||||
| Total stockholders' equity: | 3,139 | 2,752 | 2,911 | 1,361 | 1,485 | 1,661 | ||
| TOTAL LIABILITIES AND EQUITY: | 6,456 | 5,604 | 5,841 | 2,870 | 3,011 | 2,555 | ||
Income statement (P&L) ($ in millions)
| 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 545 | 517 | 237 | 482 | 447 | 329 | |
| Revenue, net | 539 | 510 | 234 | 482 | 447 | 329 | |
| Cost of revenue (Cost of Goods and Services Sold) | (11) | (20) | (19) | (37) | (31) | ||
| Other undisclosed gross profit | (398) | (377) | (221) | (420) | (376) | (361) | |
| Gross profit: | 137 | 120 | (3) | 25 | 39 | (31) | |
| Operating expenses | (247) | (211) | (213) | ||||
| Other undisclosed operating income | 417 | 353 | 381 | ||||
| Operating income (loss): | 137 | 120 | (3) | 195 | 181 | 137 | |
| Nonoperating income (expense) | (4) | 5 | (34) | 29 | (15) | ||
| Investment income, nonoperating | (4) | 5 | 0 | ||||
| Interest and debt expense | (104) | (96) | (44) | (56) | (48) | (37) | |
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (7) | (1) | (115) | (93) | (131) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | 29 | 22 | (48) | (9) | 68 | (46) | |
| Income from equity method investments | 48 | 29 | 12 | 4 | |||
| Other undisclosed loss from continuing operations before income taxes | (39) | ||||||
| Income (loss) from continuing operations before income taxes: | 39 | 22 | (48) | 20 | 80 | (42) | |
| Income tax expense (benefit) | 1 | (3) | (2) | (1) | (0) | (0) | |
| Income (loss) from continuing operations: | 39 | 19 | (50) | 19 | 80 | (43) | |
| Income (loss) from discontinued operations | (0) | 5 | 1 | 3 | (0) | ||
| Income (loss) before gain (loss) on sale of properties: | 39 | 24 | (50) | 19 | 83 | (43) | |
| Other undisclosed net income | 47 | 9 | 1 | ||||
| Net income (loss): | 86 | 33 | (49) | 19 | 83 | (43) | |
| Net income (loss) attributable to noncontrolling interest | (1) | (0) | 1 | (0) | 0 | ||
| Net income (loss) attributable to parent: | 85 | 33 | (48) | 19 | 83 | (43) | |
| Other undisclosed net loss available to common stockholders, basic | (6) | (6) | (6) | ||||
| Net income (loss) available to common stockholders, diluted: | 79 | 27 | (54) | 19 | 83 | (43) | |
Comprehensive Income ($ in millions)
| 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|
| Net income (loss): | 86 | 33 | (49) | 19 | 83 | (43) | |
| Other comprehensive income (loss) | 17 | 2 | (2) | (28) | 13 | ||
| Other undisclosed comprehensive income | 15 | ||||||
| Comprehensive income (loss): | 103 | 35 | (51) | (9) | 97 | (28) | |
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (0) | (0) | 1 | 0 | (0) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (0) | 0 | |||||
| Comprehensive income (loss), net of tax, attributable to parent: | 103 | 35 | (50) | (9) | 96 | (28) | |
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.