2013 Q3 Form 10-Q Financial Statement
#000152611313000011 Filed on August 13, 2013
Income Statement
Concept | 2013 Q3 | 2013 Q2 | 2012 Q2 |
---|---|---|---|
Revenue | $1.232M | $200.0K | $0.00 |
YoY Change | |||
Cost Of Revenue | $30.00K | $10.00K | |
YoY Change | |||
Gross Profit | $1.200M | $200.0K | |
YoY Change | |||
Gross Profit Margin | 97.4% | 100.0% | |
Selling, General & Admin | $20.00K | $10.00K | |
YoY Change | |||
% of Gross Profit | 1.67% | 5.0% | |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $600.0K | $200.0K | |
YoY Change | |||
% of Gross Profit | 50.0% | 100.0% | |
Operating Expenses | $3.991M | $1.460M | $63.00K |
YoY Change | 4191.4% | 2217.46% | |
Operating Profit | -$2.759M | -$1.260M | -$63.00K |
YoY Change | 2866.67% | 1900.0% | |
Interest Expense | $348.0K | $52.00K | $0.00 |
YoY Change | |||
% of Operating Profit | |||
Other Income/Expense, Net | -$331.0K | -$34.00K | $0.00 |
YoY Change | |||
Pretax Income | -$3.090M | -$1.290M | |
YoY Change | |||
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$3.090M | -$1.294M | -$63.00K |
YoY Change | 3222.58% | 1953.97% | |
Net Earnings / Revenue | -250.81% | -647.0% | |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$53.79K | -$22.45K | |
COMMON SHARES | |||
Basic Shares Outstanding | 6.448M shares | 1.921M shares | 22.22K shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2013 Q3 | 2013 Q2 | 2012 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $14.60M | $28.10M | |
YoY Change | |||
Cash & Equivalents | $14.60M | ||
Short-Term Investments | |||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $15.00M | $28.50M | |
YoY Change | |||
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $89.10M | $20.30M | |
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $1.800M | $300.0K | |
YoY Change | |||
Total Long-Term Assets | $92.48M | $22.36M | |
YoY Change | |||
TOTAL ASSETS | |||
Total Short-Term Assets | $15.00M | $28.50M | |
Total Long-Term Assets | $92.48M | $22.36M | |
Total Assets | $107.5M | $50.86M | $29.00K |
YoY Change | 160314.93% | 175282.76% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $1.400M | $1.700M | |
YoY Change | |||
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | |
YoY Change | |||
Long-Term Debt Due | $0.00 | ||
YoY Change | |||
Total Short-Term Liabilities | $1.900M | $2.000M | |
YoY Change | |||
LONG-TERM LIABILITIES | |||
Long-Term Debt | $31.60M | $10.20M | |
YoY Change | |||
Other Long-Term Liabilities | $6.600M | $300.0K | |
YoY Change | |||
Total Long-Term Liabilities | $38.20M | $10.50M | |
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $1.900M | $2.000M | |
Total Long-Term Liabilities | $38.20M | $10.50M | |
Total Liabilities | $40.20M | $12.50M | |
YoY Change | |||
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$6.684M | -$2.325M | |
YoY Change | |||
Common Stock | $88.00K | $50.00K | $0.00 |
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $67.28M | $38.37M | $1.417M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $107.5M | $50.86M | $29.00K |
YoY Change | 160314.93% | 175282.76% |
Cashflow Statement
Concept | 2013 Q3 | 2013 Q2 | 2012 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$3.090M | -$1.294M | -$63.00K |
YoY Change | 3222.58% | 1953.97% | |
Depreciation, Depletion And Amortization | $600.0K | $200.0K | |
YoY Change | |||
Cash From Operating Activities | -$1.300M | -$1.300M | |
YoY Change | |||
INVESTING ACTIVITIES | |||
Capital Expenditures | -$44.10M | -$9.500M | |
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | -$44.10M | -$9.500M | |
YoY Change | |||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 30.30M | 32.70M | |
YoY Change | |||
NET CHANGE | |||
Cash From Operating Activities | -1.300M | -1.300M | |
Cash From Investing Activities | -44.10M | -9.500M | |
Cash From Financing Activities | 30.30M | 32.70M | |
Net Change In Cash | -15.10M | 21.90M | |
YoY Change | |||
FREE CASH FLOW | |||
Cash From Operating Activities | -$1.300M | -$1.300M | |
Capital Expenditures | -$44.10M | -$9.500M | |
Free Cash Flow | $42.80M | $8.200M | |
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
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ck0001526113 |
Accretion Of Below Market Lease Liabilities And Amortization Of Above Market Lease Assets Net
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Accretion Of Below Market Lease Liabilities And Amortization Of Above Market Lease Assets Net
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Business Combination Acquisition Related Costs
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Business Acquisition Cost Of Acquired Entities Throughout Period Purchase Price
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Business Acquisition Cost Of Acquired Entities Throughout Period Purchase Price
BusinessAcquisitionCostOfAcquiredEntitiesThroughoutPeriodPurchasePrice
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Business Acquisition Cost Of Acquired Entities Throughout Period Purchase Price
BusinessAcquisitionCostOfAcquiredEntitiesThroughoutPeriodPurchasePrice
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2566000 | USD |
ck0001526113 |
Business Acquisition Cost Of Acquired Entity Cash Paid In Period
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9046000 | USD | |
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Business Acquisition Purchase Price Allocation Assets Acquired In Period Net
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18091000 | USD | |
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Business Acquisition Purchase Price Allocation Buildings Fixtures And Improvements Acquired In Period
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4868000 | USD | |
ck0001526113 |
Business Acquisition Purchase Price Allocation Land Acquired In Period
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Business Acquisition Purchase Price Allocation Mortgage Proceeds
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Business Acquisition Purchase Price Allocation Tangible Assets Acquired In Period
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11105000 | USD | |
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Common Stock Dividends Per Share Per Day Declared
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0.0019452055 | |
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Cumulative Offering Costs Gross
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CY2013Q2 | ck0001526113 |
Derivative Fair Value Of Derivative Liability Amount Offset Against Collaterial
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollaterial
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397000 | USD |
CY2012Q4 | ck0001526113 |
Derivative Fair Value Of Derivative Liability Amount Offset Against Collaterial
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Initial Public Offering Subscriptions Required To Break Escrow Minimum
InitialPublicOfferingSubscriptionsRequiredToBreakEscrowMinimum
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2000000 | USD |
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Limited Liability Company Llc Or Limited Partnership Lp Members Or Limited Partners Ownership Interest Units
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ck0001526113 |
Mortgage Notes Payable Secured In Connection With Acquisition Of Real Estate
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Mortgage Notes Payable Secured In Connection With Acquisition Of Real Estate
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ck0001526113 |
Numberof Real Estate Properties Acquired
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1.000 | |
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Accounts Payable And Accrued Liabilities Current And Noncurrent
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Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
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Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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Asset Management Costs
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Derivative Collateral Obligation To Return Cash
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Derivative Fair Value Of Derivative Asset
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Increase Decrease In Deferred Revenue
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-1294000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-1296000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-64000 | USD | |
CY2012Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
0 | USD |
CY2013Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-34000 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-47000 | USD | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
0 | USD | |
us-gaap |
Number Of Businesses Acquired
NumberOfBusinessesAcquired
|
2 | property | |
CY2013Q2 | us-gaap |
Obligation To Return Securities Received As Collateral
ObligationToReturnSecuritiesReceivedAsCollateral
|
0 | USD |
CY2012Q4 | us-gaap |
Obligation To Return Securities Received As Collateral
ObligationToReturnSecuritiesReceivedAsCollateral
|
0 | USD |
CY2013Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
1460000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
1494000 | USD | |
CY2012Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
63000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
64000 | USD | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-64000 | USD | |
CY2013Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1260000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1249000 | USD | |
CY2012Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-63000 | USD |
CY2013Q2 | us-gaap |
Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
|
24318000 | USD |
CY2013Q2 | us-gaap |
Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
|
1885000 | USD |
CY2013Q2 | us-gaap |
Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
|
1885000 | USD |
CY2013Q2 | us-gaap |
Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
|
1885000 | USD |
CY2013Q2 | us-gaap |
Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
|
1885000 | USD |
CY2013Q2 | us-gaap |
Operating Leases Future Minimum Payments Receivable Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsReceivableRemainderOfFiscalYear
|
943000 | USD |
CY2013Q2 | us-gaap |
Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
|
15835000 | USD |
CY2013Q2 | us-gaap |
Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
|
200000 | USD |
CY2012Q2 | us-gaap |
Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
|
0 | USD |
us-gaap |
Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
|
242000 | USD | |
us-gaap |
Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
|
0 | USD | |
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-248000 | USD | |
CY2013Q2 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-168000 | USD |
CY2012Q2 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
0 | USD |
us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
0 | USD | |
us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
450000 | USD | |
CY2012Q2 | us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
0 | USD |
CY2013Q2 | us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
346000 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
202000 | USD | |
us-gaap |
Payments For Deposits On Real Estate Acquisitions
PaymentsForDepositsOnRealEstateAcquisitions
|
0 | USD | |
us-gaap |
Payments For Deposits On Real Estate Acquisitions
PaymentsForDepositsOnRealEstateAcquisitions
|
500000 | USD | |
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
0 | USD | |
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
236000 | USD | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
USD | ||
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
317000 | USD | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
154000 | USD | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
6531000 | USD | |
us-gaap |
Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
|
USD | ||
us-gaap |
Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
|
9046000 | USD | |
CY2012Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2013Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2013Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
50000000 | shares |
CY2012Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
50000000 | shares |
CY2012Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2013Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2013Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2012Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2013Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2012Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2012Q4 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
76000 | USD |
CY2013Q2 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
1281000 | USD |
us-gaap |
Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
|
215000 | USD | |
us-gaap |
Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
|
-238000 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
45932000 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
48733000 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
2200000 | USD | |
CY2013Q2 | us-gaap |
Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
|
6007000 | USD |
CY2012Q4 | us-gaap |
Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
|
1210000 | USD |
CY2013Q2 | us-gaap |
Real Estate And Accumulated Depreciation Initial Cost Of Land
RealEstateAndAccumulatedDepreciationInitialCostOfLand
|
6725000 | USD |
CY2012Q4 | us-gaap |
Real Estate And Accumulated Depreciation Initial Cost Of Land
RealEstateAndAccumulatedDepreciationInitialCostOfLand
|
519000 | USD |
CY2013Q2 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
205000 | USD |
CY2012Q4 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
30000 | USD |
CY2013Q2 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
20525000 | USD |
CY2012Q4 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
2585000 | USD |
CY2013Q2 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
20320000 | USD |
CY2012Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-445000 | USD |
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
CY2012Q4 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
2555000 | USD |
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
CY2013Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-2325000 | USD |
us-gaap |
Revenues
Revenues
|
0 | USD | |
us-gaap |
Revenues
Revenues
|
245000 | USD | |
CY2012Q2 | us-gaap |
Revenues
Revenues
|
0 | USD |
CY2013Q2 | us-gaap |
Revenues
Revenues
|
200000 | USD |
CY2012Q4 | us-gaap |
Secured Debt
SecuredDebt
|
1228000 | USD |
CY2013Q2 | us-gaap |
Secured Debt
SecuredDebt
|
10202000 | USD |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
8000 | USD | |
CY2012Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3000 | USD |
us-gaap |
Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
105000 | USD | |
us-gaap |
Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
0 | USD | |
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
46381000 | USD | |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
8000 | USD | |
CY2012Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-796000 | USD |
CY2013Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
38365000 | USD |
us-gaap |
Tenant Reimbursements
TenantReimbursements
|
3000 | USD | |
CY2012Q2 | us-gaap |
Tenant Reimbursements
TenantReimbursements
|
0 | USD |
CY2013Q2 | us-gaap |
Tenant Reimbursements
TenantReimbursements
|
0 | USD |
us-gaap |
Tenant Reimbursements
TenantReimbursements
|
0 | USD | |
CY2012Q2 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
22222 | shares |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
22222 | shares | |
CY2013Q2 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
2755487 | shares |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
1603691 | shares | |
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2013 | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2013-06-30 | ||
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001526113 | ||
CY2013Q3 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
6448446 | shares |
dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
American Realty Capital Global Trust, Inc. |