2018 Q4 Form 10-K Financial Statement

#000156459020012309 Filed on March 24, 2020

View on sec.gov

Income Statement

Concept 2018 Q4 2017 Q4 2017
Revenue $261.2M $78.25K $157.9M
YoY Change 333705.35%
Cost Of Revenue $71.53M
YoY Change
Gross Profit $86.40M
YoY Change
Gross Profit Margin 54.71%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit $104.1M
YoY Change
Interest Expense $36.88M
YoY Change
% of Operating Profit 35.41%
Other Income/Expense, Net -$18.62M
YoY Change
Pretax Income
YoY Change
Income Tax
% Of Pretax Income
Net Earnings -$125.4M -$36.57M -$86.26M
YoY Change 242.84% 31695.65%
Net Earnings / Revenue -48.0% -46731.42% -54.62%
Basic Earnings Per Share
Diluted Earnings Per Share
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2018 Q4 2017 Q4 2017
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $68.09M $31.17M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $13.24B $4.625B
YoY Change 186.19% 2312554.0%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities
Total Liabilities $9.313B $3.115B
YoY Change 198.93% 2708960.0%
SHAREHOLDERS EQUITY
Retained Earnings -$587.5M -$132.6M
YoY Change 342.99% 115233.04%
Common Stock $4.327B $1.617B
YoY Change 167.67% 808260.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.744B $1.486B
YoY Change
Total Liabilities & Shareholders Equity $13.24B $4.625B
YoY Change 186.19% 2312554.0%

Cashflow Statement

Concept 2018 Q4 2017 Q4 2017
OPERATING ACTIVITIES
Net Income -$125.4M -$36.57M -$86.26M
YoY Change 242.84% 31695.65%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $72.29M
YoY Change
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$4.322B
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid $13.02M
YoY Change
Common Stock Issuance & Retirement, Net -$1.718B
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 4.408B
YoY Change
NET CHANGE
Cash From Operating Activities 72.29M
Cash From Investing Activities -4.322B
Cash From Financing Activities 4.408B
Net Change In Cash 157.5M
YoY Change
FREE CASH FLOW
Cash From Operating Activities $72.29M
Capital Expenditures
Free Cash Flow
YoY Change

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BorrowingsFromMortgageNotesTermLoansAndSecuredRevolvingCreditFacilities
2174030000
CY2019 breit Repayments Of Mortgage Notes Term Loans And Secured Revolving Credit Facilities
RepaymentsOfMortgageNotesTermLoansAndSecuredRevolvingCreditFacilities
8328912000
CY2018 breit Repayments Of Mortgage Notes Term Loans And Secured Revolving Credit Facilities
RepaymentsOfMortgageNotesTermLoansAndSecuredRevolvingCreditFacilities
2767093000
CY2017 breit Repayments Of Mortgage Notes Term Loans And Secured Revolving Credit Facilities
RepaymentsOfMortgageNotesTermLoansAndSecuredRevolvingCreditFacilities
247570000
CY2019 breit Proceeds From Securities Sold Under Agreements To Repurchase
ProceedsFromSecuritiesSoldUnderAgreementsToRepurchase
1831464000
CY2018 breit Proceeds From Securities Sold Under Agreements To Repurchase
ProceedsFromSecuritiesSoldUnderAgreementsToRepurchase
1156189000
CY2017 breit Proceeds From Securities Sold Under Agreements To Repurchase
ProceedsFromSecuritiesSoldUnderAgreementsToRepurchase
695419000
CY2019 breit Payments Of Securities Sold Under Agreements To Repurchase
PaymentsOfSecuritiesSoldUnderAgreementsToRepurchase
453050000
CY2018 breit Payments Of Securities Sold Under Agreements To Repurchase
PaymentsOfSecuritiesSoldUnderAgreementsToRepurchase
125314000
CY2017 breit Payments Of Securities Sold Under Agreements To Repurchase
PaymentsOfSecuritiesSoldUnderAgreementsToRepurchase
12571000
CY2019 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
2105500000
CY2018 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
1239400000
CY2017 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
1089350000
CY2019 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
2105500000
CY2018 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
1244650000
CY2017 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
1084100000
CY2019 breit Proceeds From Unsecured Credit Facilities
ProceedsFromUnsecuredCreditFacilities
240000000
CY2017 breit Proceeds From Unsecured Credit Facilities
ProceedsFromUnsecuredCreditFacilities
0
CY2019 breit Repayments Of Unsecured Lines Of Credit
RepaymentsOfUnsecuredLinesOfCredit
240000000
CY2017 breit Repayments Of Unsecured Lines Of Credit
RepaymentsOfUnsecuredLinesOfCredit
0
CY2019 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
116126000
CY2018 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
46634000
CY2017 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
22949000
CY2019 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
132852000
CY2018 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
147593000
CY2017 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
25586000
CY2019 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
39607000
CY2018 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
4413000
CY2017 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
196000
CY2019 us-gaap Payments Of Dividends
PaymentsOfDividends
153669000
CY2018 us-gaap Payments Of Dividends
PaymentsOfDividends
58769000
CY2017 us-gaap Payments Of Dividends
PaymentsOfDividends
13017000
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
18197159000
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
8380629000
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
4407588000
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
803089000
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
148884000
CY2017 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
157529000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
306613000
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
157729000
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
200000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1109702000
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
31166000
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
126563000
CY2019 us-gaap Interest Paid Net
InterestPaidNet
461354000
CY2018 us-gaap Interest Paid Net
InterestPaidNet
208042000
CY2017 us-gaap Interest Paid Net
InterestPaidNet
27073000
CY2019 us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
1202713000
CY2018 us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
208480000
CY2017 us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
199365000
CY2019 us-gaap Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1
71784000
CY2018 us-gaap Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1
66525000
CY2017 us-gaap Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1
23008000
CY2019 breit Stock Issued For Acquisition Of Real Estate
StockIssuedForAcquisitionOfRealEstate
64698000
CY2019 breit Noncash Or Part Noncash Recognition Of Financing Lease Liability
NoncashOrPartNoncashRecognitionOfFinancingLeaseLiability
56008000
CY2019 breit Noncash Or Part Noncash Assumed Operating Ground Lease Liabilities
NoncashOrPartNoncashAssumedOperatingGroundLeaseLiabilities
50612000
CY2018 breit Non Cash Or Part Non Cash Acquired Non Controlling Interests
NonCashOrPartNonCashAcquiredNonControllingInterests
12802000
CY2019 breit Capital Expenditures And Acquisition Related Costs Incurred But Not Yet Paid
CapitalExpendituresAndAcquisitionRelatedCostsIncurredButNotYetPaid
17589000
CY2018 breit Capital Expenditures And Acquisition Related Costs Incurred But Not Yet Paid
CapitalExpendituresAndAcquisitionRelatedCostsIncurredButNotYetPaid
2452000
CY2017 breit Capital Expenditures And Acquisition Related Costs Incurred But Not Yet Paid
CapitalExpendituresAndAcquisitionRelatedCostsIncurredButNotYetPaid
2109000
CY2019 breit Noncash Contributions From Non Controlling Interests
NoncashContributionsFromNonControllingInterests
2520000
CY2019 breit Accrued Distributions To Stockholders And Non Controlling Interests
AccruedDistributionsToStockholdersAndNonControllingInterests
34849000
CY2018 breit Accrued Distributions To Stockholders And Non Controlling Interests
AccruedDistributionsToStockholdersAndNonControllingInterests
13644000
CY2017 breit Accrued Distributions To Stockholders And Non Controlling Interests
AccruedDistributionsToStockholdersAndNonControllingInterests
7716000
CY2019 breit Accrued Stockholder Servicing Fee Due To Affiliate
AccruedStockholderServicingFeeDueToAffiliate
240043000
CY2018 breit Accrued Stockholder Servicing Fee Due To Affiliate
AccruedStockholderServicingFeeDueToAffiliate
136420000
CY2017 breit Accrued Stockholder Servicing Fee Due To Affiliate
AccruedStockholderServicingFeeDueToAffiliate
102076000
CY2017 breit Accrued Offering Costs Due To Affiliate
AccruedOfferingCostsDueToAffiliate
8322000
CY2019 breit Redeemable Non Controlling Interest Issued As Settlement Of Performance Allocation
RedeemableNonControllingInterestIssuedAsSettlementOfPerformanceAllocation
37484000
CY2018 breit Redeemable Non Controlling Interest Issued As Settlement Of Performance Allocation
RedeemableNonControllingInterestIssuedAsSettlementOfPerformanceAllocation
16974000
CY2019 us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
11620000
CY2019 breit Allocation To Redeemable Non Controlling Interests
AllocationToRedeemableNonControllingInterests
6830000
CY2018 breit Allocation To Redeemable Non Controlling Interests
AllocationToRedeemableNonControllingInterests
2192000
CY2019 breit Distribution Reinvestment
DistributionReinvestment
245335000
CY2018 breit Distribution Reinvestment
DistributionReinvestment
101985000
CY2017 breit Distribution Reinvestment
DistributionReinvestment
25527000
CY2019 breit Accrued Common Stock Repurchases
AccruedCommonStockRepurchases
46247000
CY2018 breit Accrued Common Stock Repurchases
AccruedCommonStockRepurchases
6961000
CY2019 breit Payable For Investment Real Estate Debts
PayableForInvestmentRealEstateDebts
362000
CY2019 us-gaap Stock Issued1
StockIssued1
4714000

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