Innovative Industrial Properties, Inc. (IIPR) financial statements (2022 and earlier)
Company profile
| Business Address |
1389 CENTER DRIVE PARK CITY, UT 84098 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| SIC | 65 - Real Estate (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 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 406 | 745 | 202 | 133 | 12 | 33 | ||
| Cash and cash equivalents | 81 | 126 | 82 | 13 | 12 | 33 | ||
| Short-term investments | 325 | 619 | 120 | 120 | ||||
| Total current assets: | 406 | 745 | 202 | 133 | 12 | 33 | ||
| Noncurrent Assets | ||||||||
| Operating lease, right-of-use asset | 1 | 1 | 1 | ✕ | ✕ | ✕ | ||
| Inventory, real estate | 301 | 107 | ||||||
| Property, plant and equipment | 122 | 76 | 49 | 27 | 12 | 8 | ||
| Intangible assets, net (including goodwill) | 9 | |||||||
| Intangible assets, net (excluding goodwill) | 9 | |||||||
| Total noncurrent assets: | 133 | 378 | 157 | 27 | 12 | 8 | ||
| Other undisclosed assets | 1,546 | 645 | 387 | 121 | 57 | 23 | ||
| TOTAL ASSETS: | 2,085 | 1,768 | 746 | 281 | 80 | 63 | ||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Noncurrent Liabilities | ||||||||
| Other undisclosed liabilities | 473 | 243 | 198 | 17 | 6 | 3 | ||
| Total liabilities: | 473 | 243 | 198 | 17 | 6 | 3 | ||
| Stockholders' equity | ||||||||
| Stockholders' equity attributable to parent, including: | 1,612 | 1,525 | 548 | 264 | 74 | 60 | ||
| Preferred stock | 14 | 14 | 14 | 14 | 14 | |||
| Common stock | 0 | 0 | 0 | 0 | 0 | |||
| Additional paid in capital | 1,673 | 1,559 | 554 | 250 | 64 | 65 | ||
| Accumulated deficit | (4) | (4) | ||||||
| Other undisclosed stockholders' equity attributable to parent | (75) | (48) | (20) | 0 | ||||
| Total stockholders' equity: | 1,612 | 1,525 | 548 | 264 | 74 | 60 | ||
| TOTAL LIABILITIES AND EQUITY: | 2,085 | 1,768 | 746 | 281 | 80 | 63 | ||
Income statement (P&L) ($ in millions)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 205 | 117 | 45 | 15 | 6 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | 6 | ||
| Operating lease, lease income | 205 | 117 | ✕ | ✕ | ✕ | ||
| Operating leases, income statement, lease revenue | ✕ | ✕ | ✕ | 14 | ✕ | ✕ | |
| Cost of revenue (Cost of Goods and Services Sold) | (1) | ||||||
| Gross profit: | 205 | 117 | 45 | 15 | 5 | ||
| Operating expenses | (69) | (47) | (20) | (9) | (7) | ||
| Other undisclosed operating income | 1 | ||||||
| Operating income (loss): | 135 | 70 | 25 | 5 | (0) | ||
| Nonoperating income (Investment Income, Nonoperating) | 0 | ||||||
| Interest and debt expense | (22) | (7) | (6) | ||||
| Income (loss) before gain (loss) on sale of properties: | 114 | 62 | 19 | 5 | (0) | ||
| Other undisclosed net income | 0 | ||||||
| Net income (loss): | 114 | 62 | 19 | 5 | (0) | ||
| Other undisclosed net income attributable to parent | 3 | 5 | 2 | ||||
| Net income (loss) attributable to parent: | 114 | 66 | 23 | 7 | (0) | ||
| Preferred stock dividends and other adjustments | (1) | (1) | (1) | (1) | (0) | ||
| Other undisclosed net income available to common stockholders, basic | 0 | ||||||
| Net income (loss) available to common stockholders, basic: | 113 | 64 | 22 | 6 | (0) | ||
| Dilutive securities, effect on basic earnings per share | 8 | ||||||
| Other undisclosed net loss available to common stockholders, diluted | (1) | ||||||
| Net income (loss) available to common stockholders, diluted: | 120 | 64 | 22 | 6 | (0) | ||
Comprehensive Income ($ in millions)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|
| Net income (loss): | 114 | 62 | 19 | 5 | (0) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 114 | 62 | 19 | 5 | (0) | ||
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.