Alpine Income Property Trust, Inc. (PINE) financial statements (2022 and earlier)

Company profile

Business Address 1140 N. WILLIAMSON BOULEVARD
DAYTONA BEACH, FL 32114
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
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments8,8511,894
Cash and cash equivalents8,8511,894
Prepaid expense616606
Total current assets:9,4672,500
Noncurrent Assets
Property, plant and equipment428,989219,339
Intangible assets, net (including goodwill)58,82136,881
Intangible assets, net (excluding goodwill)58,82136,881
Total noncurrent assets:487,810256,220
Other undisclosed assets8,2372,870
TOTAL ASSETS:505,514261,590
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities277,612112,497
Total liabilities:277,612112,497
Stockholders' equity
Stockholders' equity attributable to parent196,523126,759
Common stock11475
Additional paid in capital200,906132,878
Accumulated other comprehensive income (loss)1,922(481)
Accumulated deficit(6,419)(5,713)
Stockholders' equity attributable to noncontrolling interest31,37922,334
Total stockholders' equity:227,902149,093
TOTAL LIABILITIES AND EQUITY:505,514261,590

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

12/31/2021
12/31/2020
Revenues
(Operating Lease, Lease Income)
30,12819,248
Cost of revenue
(Cost of Goods and Services Sold)
(10,000)(6,200)
Gross profit:20,12813,048
Operating expenses(24,639)(16,925)
Other undisclosed operating income19,6756,487
Operating income:15,1642,610
Interest and debt expense(3,702)(1,652)
Income before gain (loss) on sale of properties:11,462958
Other undisclosed net income 188
Net income:11,4621,146
Net loss attributable to noncontrolling interest(1,498)(161)
Net income available to common stockholders, diluted:9,964985

Comprehensive Income ($ in thousands)

12/31/2021
12/31/2020
Net income:11,4621,146
Other comprehensive income (loss)2,403(481)
Comprehensive income:13,865665
Comprehensive loss, net of tax, attributable to noncontrolling interest(1,498)(161)
Comprehensive income, net of tax, attributable to parent:12,367504

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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