The company has not filed an annual or quarterly report since its Q2 FY2018 10-Q, filed Aug 8, 2018. Its latest SEC filing is a SC 13G/A from Jan 31, 2019.
10-Q for Q2 FY2018, filed Aug 8, 2018
The sections below describe the company as of the FY2017 annual report.
Owns, develops and manages collegiate housing communities near university campuses, and provides housing management and development consulting services to universities and other third parties.
10-K for FY2017, filed Feb 27, 2018
Students pay rent under leases, with payment schedules ranging from semester to monthly; payments are normally received within 30 days of billing, and rent is earned over the lease term. Property owners pay management fees under contracts, while development consulting fees are partly paid upfront and collected as construction progresses.
10-K for FY2017, filed Feb 27, 2018Collegiate housing leasing revenue — Collegiate housing leasing revenue is comprised of all activities related to leasing and operating the…View ↗
Due to the nature of the Trust’s business, accounts receivable result primarily from monthly billings of student rents. Payments are…View ↗
Third-party development services revenue — The Trust provides development consulting services in an agency capacity with third parties…View ↗
Third-party management services revenue — The Trust enters into management contracts to manage third-party collegiate housing communities.…View ↗
$331.1M
10-K for FY2017, filed Feb 28, 2018
$331.1M ↗
Students sign leases directly for beds in company communities. Universities, charitable foundations and other third parties hire the company for housing management or development consulting services.
10-K for FY2017, filed Feb 27, 2018Unlike multi-family housing where apartments are leased by the unit, collegiate-housing communities are typically leased by the bed on an…View ↗
We are a self-managed and self-advised REIT engaged in the ownership, acquisition, development and management of high-quality collegiate…View ↗
In 2017, revenue from our development consulting services represented 1.6% of our total revenues, excluding operating expense…View ↗
Yes. It kept 14 cents of every revenue dollar as net income in FY2017.
10-K for FY2017, filed Feb 28, 2018
8-K, filed Sep 20, 2018
MEMPHIS, Tenn. – September 20, 2018 – EdR (NYSE:EDR), one of the nation’s largest developers, owners and managers of high-quality…View ↗
Grew. Revenue grew 80% in 4 years, from $184.4M in FY2013 to $331.1M in FY2017, about 16% a year.
Competes with American Campus Communities
10-K for FY2017, filed Feb 27, 2018We compete with several regional and national owner-operators of off-campus collegiate housing, including one publicly-traded competitor…View ↗
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