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 investments | 8,851 | 1,894 | ||
| Cash and cash equivalents | 8,851 | 1,894 | ||
| Prepaid expense | 616 | 606 | ||
| Total current assets: | 9,467 | 2,500 | ||
| Noncurrent Assets | ||||
| Property, plant and equipment | 428,989 | 219,339 | ||
| Intangible assets, net (including goodwill) | 58,821 | 36,881 | ||
| Intangible assets, net (excluding goodwill) | 58,821 | 36,881 | ||
| Total noncurrent assets: | 487,810 | 256,220 | ||
| Other undisclosed assets | 8,237 | 2,870 | ||
| TOTAL ASSETS: | 505,514 | 261,590 | ||
| LIABILITIES AND EQUITY | ||||
| Liabilities | ||||
| Current Liabilities | ||||
| Noncurrent Liabilities | ||||
| Other undisclosed liabilities | 277,612 | 112,497 | ||
| Total liabilities: | 277,612 | 112,497 | ||
| Stockholders' equity | ||||
| Stockholders' equity attributable to parent | 196,523 | 126,759 | ||
| Common stock | 114 | 75 | ||
| Additional paid in capital | 200,906 | 132,878 | ||
| Accumulated other comprehensive income (loss) | 1,922 | (481) | ||
| Accumulated deficit | (6,419) | (5,713) | ||
| Stockholders' equity attributable to noncontrolling interest | 31,379 | 22,334 | ||
| Total stockholders' equity: | 227,902 | 149,093 | ||
| TOTAL LIABILITIES AND EQUITY: | 505,514 | 261,590 | ||
Income statement (P&L) ($ in thousands)
| 12/31/2021 | 12/31/2020 | ||
|---|---|---|---|
| Revenues (Operating Lease, Lease Income) | 30,128 | 19,248 | |
| Cost of revenue (Cost of Goods and Services Sold) | (10,000) | (6,200) | |
| Gross profit: | 20,128 | 13,048 | |
| Operating expenses | (24,639) | (16,925) | |
| Other undisclosed operating income | 19,675 | 6,487 | |
| Operating income: | 15,164 | 2,610 | |
| Interest and debt expense | (3,702) | (1,652) | |
| Income before gain (loss) on sale of properties: | 11,462 | 958 | |
| Other undisclosed net income | 188 | ||
| Net income: | 11,462 | 1,146 | |
| Net loss attributable to noncontrolling interest | (1,498) | (161) | |
| Net income available to common stockholders, diluted: | 9,964 | 985 | |
Comprehensive Income ($ in thousands)
| 12/31/2021 | 12/31/2020 | ||
|---|---|---|---|
| Net income: | 11,462 | 1,146 | |
| Other comprehensive income (loss) | 2,403 | (481) | |
| Comprehensive income: | 13,865 | 665 | |
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (1,498) | (161) | |
| Comprehensive income, net of tax, attributable to parent: | 12,367 | 504 | |
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.