$GHI
Greystone Housing Impact Investors LP

2017 Q3 Form 10-Q Financial Statement

#000156459018026637 Filed on November 05, 2018

View on sec.gov

Income Statement

Concept 2017 Q3
Revenue $16.23M
YoY Change 9.25%
Cost Of Revenue $6.290M
YoY Change 60.87%
Gross Profit $9.940M
YoY Change -9.22%
Gross Profit Margin 61.23%
Selling, General & Admin $5.420M
YoY Change 17.06%
% of Gross Profit 54.53%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.256M
YoY Change -7.2%
% of Gross Profit 12.64%
Operating Expenses $6.680M
YoY Change 11.52%
Operating Profit $3.545M
YoY Change -23.32%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $3.260M
YoY Change -34.18%
Income Tax -$285.0K
% Of Pretax Income -8.74%
Net Earnings $3.545M
YoY Change -23.32%
Net Earnings / Revenue 21.84%
Basic Earnings Per Share
Diluted Earnings Per Share $59.35K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $35.60M
YoY Change 15.21%
Cash & Equivalents $35.56M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $42.90M
YoY Change 13.49%
LONG-TERM ASSETS
Property, Plant & Equipment $98.50M
YoY Change -14.65%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $34.34M
YoY Change -95.11%
Other Assets $2.900M
YoY Change -63.29%
Total Long-Term Assets $1.010B
YoY Change 15.4%
TOTAL ASSETS
Total Short-Term Assets $42.90M
Total Long-Term Assets $1.010B
Total Assets $1.053B
YoY Change 15.32%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $8.300M
YoY Change 36.07%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $15.90M
YoY Change 13.57%
LONG-TERM LIABILITIES
Long-Term Debt $657.7M
YoY Change 29.19%
Other Long-Term Liabilities $1.200M
YoY Change -52.0%
Total Long-Term Liabilities $658.9M
YoY Change 28.79%
TOTAL LIABILITIES
Total Short-Term Liabilities $15.90M
Total Long-Term Liabilities $658.9M
Total Liabilities $674.8M
YoY Change 28.38%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $378.4M
YoY Change
Total Liabilities & Shareholders Equity $1.053B
YoY Change 15.32%

Cashflow Statement

Concept 2017 Q3
OPERATING ACTIVITIES
Net Income $3.545M
YoY Change -23.32%
Depreciation, Depletion And Amortization $1.256M
YoY Change -7.2%
Cash From Operating Activities $4.960M
YoY Change -430.67%
INVESTING ACTIVITIES
Capital Expenditures -$110.0K
YoY Change -98.91%
Acquisitions
YoY Change
Other Investing Activities -$9.610M
YoY Change 496.89%
Cash From Investing Activities -$9.720M
YoY Change -16.64%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 20.77M
YoY Change 1859.43%
NET CHANGE
Cash From Operating Activities 4.960M
Cash From Investing Activities -9.720M
Cash From Financing Activities 20.77M
Net Change In Cash 16.01M
YoY Change -232.31%
FREE CASH FLOW
Cash From Operating Activities $4.960M
Capital Expenditures -$110.0K
Free Cash Flow $5.070M
YoY Change -40.77%

Facts In Submission

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<div> <p style="text-align:justify;margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Estimates and assumptions</p> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The preparation of financial statements in conformity with generally accepted accounting principles in the United States of America (&#8220;GAAP&#8221;) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.&#160;&#160;The accompanying interim unaudited condensed consolidated financial statements have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission (&#8220;SEC&#8221;). Certain information and footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted in accordance with such SEC rules and regulations, although management believes that the disclosures are adequate to make the information presented not misleading. </p> <p style="text-align:justify;margin-top:2pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Partnership&#8217;s Annual Report on Form 10-K for the year ended December&#160;31, 2017. These condensed consolidated financial statements and notes have been prepared consistently with the 2017 Form 10-K, with the exception of new accounting standards that were adopted and are discussed herein. In the opinion of management, all adjustments (consisting of normal and recurring accruals) necessary to present fairly the financial position at September 30, 2018, and the results of operations for the interim periods presented have been made. The results of operations for the interim period are not necessarily indicative of the results to be expected for the full year. The condensed consolidated balance sheet at December 31, 2017, was derived from the audited annual consolidated financial statements, but does not contain all the footnote disclosures from the annual consolidated financial statements.</p></div>
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PartnersCapitalAccountUnitsSoldInPrivatePlacement
1000000
CY2016Q2 us-gaap Partners Capital Account Units Sold In Private Placement
PartnersCapitalAccountUnitsSoldInPrivatePlacement
1386900
CY2017Q4 us-gaap Partners Capital Account Units Sold In Private Placement
PartnersCapitalAccountUnitsSoldInPrivatePlacement
1750000
us-gaap Partners Capital Account Units Sold In Private Placement
PartnersCapitalAccountUnitsSoldInPrivatePlacement
9450000
CY2017 us-gaap Partners Capital Account Units Sold In Private Placement
PartnersCapitalAccountUnitsSoldInPrivatePlacement
9450000
us-gaap Partners Capital Account Private Placement Of Units
PartnersCapitalAccountPrivatePlacementOfUnits
94500000
CY2017 us-gaap Partners Capital Account Private Placement Of Units
PartnersCapitalAccountPrivatePlacementOfUnits
94500000
CY2016Q3 atax Percentage Of Non Cumulative Cash Dividend
PercentageOfNonCumulativeCashDividend
0.0300
CY2016Q4 atax Percentage Of Non Cumulative Cash Dividend
PercentageOfNonCumulativeCashDividend
0.0300
CY2017Q1 atax Percentage Of Non Cumulative Cash Dividend
PercentageOfNonCumulativeCashDividend
0.0300
CY2017Q3 atax Percentage Of Non Cumulative Cash Dividend
PercentageOfNonCumulativeCashDividend
0.0300
CY2017Q4 atax Percentage Of Non Cumulative Cash Dividend
PercentageOfNonCumulativeCashDividend
0.0300
CY2017Q3 us-gaap Temporary Equity Redemption Price Per Share
TemporaryEquityRedemptionPricePerShare
10.00
CY2017Q4 us-gaap Temporary Equity Redemption Price Per Share
TemporaryEquityRedemptionPricePerShare
10.00
CY2017Q3 atax Temporary Equity Redemption Date
TemporaryEquityRedemptionDate
2023-08
CY2017Q4 atax Temporary Equity Redemption Date
TemporaryEquityRedemptionDate
2023-10
atax Rate For Administration Fees
RateForAdministrationFees
0.0045
CY2018Q3 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
795630926
CY2017Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
843675611
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4
CY2018Q3 us-gaap Depreciation
Depreciation
849516
CY2017Q3 us-gaap Depreciation
Depreciation
1256202
us-gaap Depreciation
Depreciation
2672925
us-gaap Depreciation
Depreciation
3876768

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