Lightstone Value Plus REIT I, Inc. (LHTV) financial statements (2022 and earlier)

Company profile

Business Address C/O THE LIGHTSTONE GROUP
LAKEWOOD, NJ 08701
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 thousands)

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 investments39,40544,446132,30735,565116,434105,53968,459
Cash and cash equivalents39,40544,44677,56935,565116,434105,53968,459
Short-term investments  54,738    
Total current assets:39,40544,446132,30735,565116,434105,53968,459
Noncurrent Assets
Property, plant and equipment352,824320,28433,06846,91251,83578,09886,290
Long-term investments and receivables      1,989
Long-term investments      1,989
Intangible assets, net (including goodwill)    3376931,087
Intangible assets, net (excluding goodwill)    3376931,087
Total noncurrent assets:352,824320,28433,06846,91252,17278,79189,366
Other undisclosed assets73,423137,511320,805393,732351,068362,965432,334
TOTAL ASSETS:465,652502,241486,180476,209519,674547,295590,159
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities181,427206,058174,407177,968204,304228,711270,009
Total liabilities:181,427206,058174,407177,968204,304228,711270,009
Stockholders' equity
Stockholders' equity attributable to parent261,679259,889282,942283,837297,168297,481289,061
Common stock222223226237248251256
Additional paid in capital168,363169,649172,749184,469194,497197,036202,068
Accumulated other comprehensive income (loss)(40)378408(2,251)15,46715,95418,776
Retained earnings93,13489,639109,559101,38286,95684,24067,961
Stockholders' equity attributable to noncontrolling interest22,54636,29428,83114,40418,20221,10331,089
Total stockholders' equity:284,225296,183311,773298,241315,370318,584320,150
TOTAL LIABILITIES AND EQUITY:465,652502,241486,180476,209519,674547,295590,159

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues10,35311,26015,16521,24741,07851,99455,850
Revenue, net41,07851,99455,850
Operating lease, lease income10,21410,97214,137
Operating leases, income statement, lease revenue18,633
Cost of revenue(3,552)(3,243)(3,894)(6,889)(22,938)(53,915)(31,801)
Cost of goods and services sold    (20,444)(27,130)(28,280)
Gross profit:6,8018,01711,27114,35818,140(1,921)24,049
Operating expenses(20,363)(8,379)(9,270)(12,808)(17,826)7,295(16,553)
Operating income (loss):(13,562)(362)2,0011,5503145,3747,496
Nonoperating income13,54214,68717,92526,32631,45644,73113,096
Investment income, nonoperating17,70114,57017,81526,14431,56143,33911,094
Operating lease, initial direct cost expense, over term(4,159)  
Other nonoperating income (expense) 117110182(105)1,3922,002
Interest and debt expense(2,565)(2,978)(1,674)(9,493)(13,636)(13,689)(15,145)
Income (loss) from continuing operations before equity method investments, income taxes:(2,585)11,34718,25218,38318,13436,4165,447
Income from equity method investments      5,804
Income (loss) from continuing operations before income taxes:(2,585)11,34718,25218,38318,13436,41611,251
Other undisclosed income (loss) from continuing operations (12,434)(4,573) 3,146(964)34,710
Income (loss) from continuing operations:(2,585)(1,087)13,67918,38321,28035,45245,961
Income from discontinued operations  13,481   18,731
Income (loss) before gain (loss) on sale of properties:(2,585)(1,087)27,16018,38321,28035,45264,692
Other undisclosed net income (loss)26,548  (1,311)   
Net income (loss):23,963(1,087)27,16017,07221,28035,45264,692
Net loss attributable to noncontrolling interest(4,880)(3,202)(2,910)(1,178)(1,097)(1,371)(4,468)
Net income (loss) available to common stockholders, diluted:19,083(4,289)24,25015,89420,18334,08160,224

Comprehensive Income ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):23,963(1,087)27,16017,07221,28035,45264,692
Other comprehensive income (loss)(427)(21)2,716(2,288)(600)(3,173)(35,171)
Comprehensive income (loss):23,536(1,108)29,87614,78420,68032,27929,521
Comprehensive loss, net of tax, attributable to noncontrolling interest(4,871)(3,211)(2,967)(1,132)(984)(1,020)(1,192)
Comprehensive income (loss), net of tax, attributable to parent:18,665(4,319)26,90913,65219,69631,25928,329

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: