2014 Q2 Form 10-Q Financial Statement

#000152611314000015 Filed on May 15, 2014

View on sec.gov

Income Statement

Concept 2014 Q2 2014 Q1 2013 Q1
Revenue $13.63M $7.547M $45.00K
YoY Change 6714.0% 16671.11%
Cost Of Revenue $930.0K $300.0K $0.00
YoY Change 9200.0%
Gross Profit $12.70M $7.250M $50.00K
YoY Change 6250.0% 14400.0%
Gross Profit Margin 93.19% 96.06% 111.11%
Selling, General & Admin $440.0K $980.0K $0.00
YoY Change 4300.0%
% of Gross Profit 3.46% 13.52% 0.0%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $7.600M $2.399M $17.00K
YoY Change 3700.0% 14011.76%
% of Gross Profit 59.84% 33.09% 34.0%
Operating Expenses $18.34M $22.14M $34.00K
YoY Change 1156.44% 65023.53% 3300.0%
Operating Profit -$4.716M -$14.60M $11.00K
YoY Change 274.29% -132781.82% -1200.0%
Interest Expense $2.614M $1.689M $13.00K
YoY Change 4926.92% 12892.31%
% of Operating Profit 118.18%
Other Income/Expense, Net -$2.763M -$1.754M -$13.00K
YoY Change 8026.47% 13392.31%
Pretax Income -$6.380M -$16.35M $0.00
YoY Change 394.57%
Income Tax $658.0K $0.00
% Of Pretax Income
Net Earnings -$7.479M -$16.35M -$2.000K
YoY Change 477.98% 817350.0% 100.0%
Net Earnings / Revenue -54.88% -216.63% -4.44%
Basic Earnings Per Share
Diluted Earnings Per Share -$197.9K -$284.6K $0.00
COMMON SHARES
Basic Shares Outstanding 90.04M shares 45.92M shares 422.0K shares
Diluted Shares Outstanding

Balance Sheet

Concept 2014 Q2 2014 Q1 2013 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $936.5M $280.4M $6.400M
YoY Change 3232.74% 4281.25%
Cash & Equivalents $936.5M $280.4M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $938.3M $292.8M $6.800M
YoY Change 3192.28% 4205.88%
LONG-TERM ASSETS
Property, Plant & Equipment $802.6M $503.6M $2.400M
YoY Change 3853.69% 20883.33%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $11.30M $7.000M $0.00
YoY Change 3666.67%
Total Long-Term Assets $824.4M $527.2M $2.449M
YoY Change 3586.66% 21426.83%
TOTAL ASSETS
Total Short-Term Assets $938.3M $292.8M $6.800M
Total Long-Term Assets $824.4M $527.2M $2.449M
Total Assets $1.763B $820.0M $9.249M
YoY Change 3365.67% 8765.74% 963.1%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $8.400M $6.600M $2.500M
YoY Change 394.12% 164.0%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $300.0K $500.0K $0.00
YoY Change
Total Short-Term Liabilities $17.70M $10.70M $2.500M
YoY Change 785.0% 328.0%
LONG-TERM LIABILITIES
Long-Term Debt $250.9M $219.6M $1.200M
YoY Change 2359.8% 18200.0%
Other Long-Term Liabilities $24.90M $18.40M $100.0K
YoY Change 8200.0% 18300.0%
Total Long-Term Liabilities $275.8M $238.0M $1.300M
YoY Change 2526.67% 18207.69%
TOTAL LIABILITIES
Total Short-Term Liabilities $17.70M $10.70M $2.500M
Total Long-Term Liabilities $275.8M $238.0M $1.300M
Total Liabilities $293.6M $248.7M $3.737M
YoY Change 2249.26% 6554.4%
SHAREHOLDERS EQUITY
Retained Earnings -$62.14M -$34.43M -$527.0K
YoY Change 2572.65% 6432.26%
Common Stock $1.723M $692.0K $10.00K
YoY Change 3346.0% 6820.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.469B $571.3M $5.512M
YoY Change
Total Liabilities & Shareholders Equity $1.763B $820.0M $9.249M
YoY Change 3365.67% 8765.74% 963.1%

Cashflow Statement

Concept 2014 Q2 2014 Q1 2013 Q1
OPERATING ACTIVITIES
Net Income -$7.479M -$16.35M -$2.000K
YoY Change 477.98% 817350.0% 100.0%
Depreciation, Depletion And Amortization $7.600M $2.399M $17.00K
YoY Change 3700.0% 14011.76%
Cash From Operating Activities $15.30M -$18.54M $206.0K
YoY Change -1276.92% -9100.97% -1311.76%
INVESTING ACTIVITIES
Capital Expenditures -$263.5M -$182.1M
YoY Change 2673.68%
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change
Cash From Investing Activities -$263.5M -$182.1M $0.00
YoY Change 2673.68%
FINANCING ACTIVITIES
Cash Dividend Paid $2.028M $46.00K
YoY Change 4308.7%
Common Stock Issuance & Retirement, Net -$518.7M $7.239M
YoY Change -7265.93%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 901.5M $468.6M $5.892M
YoY Change 2656.88% 7852.36% 34558.82%
NET CHANGE
Cash From Operating Activities 15.30M -$18.54M $206.0K
Cash From Investing Activities -263.5M -$182.1M $0.00
Cash From Financing Activities 901.5M $468.6M $5.892M
Net Change In Cash 653.3M $267.9M $6.098M
YoY Change 2883.11% 4293.72%
FREE CASH FLOW
Cash From Operating Activities $15.30M -$18.54M $206.0K
Capital Expenditures -$263.5M -$182.1M
Free Cash Flow $278.8M $163.6M
YoY Change 3300.0%

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CY2014Q1 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
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CY2014Q1 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
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43553000 USD
CY2014Q1 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
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42913000 USD
CY2014Q1 us-gaap Operating Leases Future Minimum Payments Receivable Remainder Of Fiscal Year
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32016000 USD
CY2014Q1 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
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42000 USD
CY2014Q1 us-gaap Operating Leases Income Statement Lease Revenue
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7315000 USD
CY2013Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
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-80000 USD
CY2014Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
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1248000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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CY2014Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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CY2013Q1 us-gaap Other Nonoperating Income
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0 USD
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1321000 USD
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0 USD
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2932000 USD
CY2013Q1 us-gaap Payments Of Stock Issuance Costs
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1144000 USD
CY2014Q1 us-gaap Payments Of Stock Issuance Costs
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CY2013Q1 us-gaap Payments To Acquire Real Estate
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CY2014Q1 us-gaap Payments To Acquire Real Estate
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218675000 USD
CY2014Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
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CY2013Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
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CY2014Q1 us-gaap Preferred Stock Shares Authorized
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CY2013Q4 us-gaap Preferred Stock Shares Issued
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CY2014Q1 us-gaap Preferred Stock Shares Issued
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0 shares
CY2014Q1 us-gaap Preferred Stock Shares Outstanding
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0 shares
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0 USD
CY2014Q1 us-gaap Preferred Stock Value
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CY2013Q4 us-gaap Prepaid Expense And Other Assets
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3454000 USD
CY2014Q1 us-gaap Prepaid Expense And Other Assets
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CY2013Q1 us-gaap Proceeds From Contributions From Affiliates
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CY2014Q1 us-gaap Proceeds From Contributions From Affiliates
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CY2013Q1 us-gaap Proceeds From Issuance Of Common Stock
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us-gaap Proceeds From Issuance Of Common Stock
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us-gaap Proceeds From Issuance Of Common Stock
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CY2013Q1 us-gaap Proceeds From Lines Of Credit
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0 USD
CY2014Q1 us-gaap Proceeds From Lines Of Credit
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36289000 USD
CY2013Q1 us-gaap Proceeds From Notes Payable
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0 USD
CY2014Q1 us-gaap Proceeds From Notes Payable
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12813000 USD
CY2013Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
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CY2014Q1 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
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CY2013Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Land
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CY2014Q1 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Land
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CY2013Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
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2307000 USD
CY2014Q1 us-gaap Real Estate Investment Property Accumulated Depreciation
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6924000 USD
CY2013Q4 us-gaap Real Estate Investment Property At Cost
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CY2014Q1 us-gaap Real Estate Investment Property At Cost
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CY2013Q4 us-gaap Real Estate Investment Property Net
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CY2014Q1 us-gaap Real Estate Investment Property Net
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503551000 USD
CY2014Q1 us-gaap Repayments Of Secured Debt
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174000 USD
CY2013Q1 us-gaap Repayments Of Secured Debt
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0 USD
CY2013Q4 us-gaap Restricted Cash And Cash Equivalents
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737000 USD
CY2014Q1 us-gaap Restricted Cash And Cash Equivalents
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2288000 USD
CY2014Q1 us-gaap Retained Earnings Accumulated Deficit
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-34425000 USD
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-11348000 USD
CY2013Q1 us-gaap Revenues
Revenues
45000 USD
CY2014Q1 us-gaap Revenues
Revenues
7547000 USD
CY2014Q1 us-gaap Secured Debt
SecuredDebt
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CY2013Q4 us-gaap Secured Debt
SecuredDebt
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CY2013Q1 us-gaap Share Based Compensation
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4000 USD
CY2014Q1 us-gaap Share Based Compensation
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5000 USD
CY2014Q1 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
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1937000 USD
CY2013Q1 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
3000 USD
CY2014Q1 us-gaap Stock Issued During Period Value New Issues
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CY2014Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
5000 USD
CY2014Q1 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
102000 USD
CY2014Q1 us-gaap Stockholders Equity
StockholdersEquity
571317000 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
122720000 USD
CY2014Q1 us-gaap Tenant Reimbursements
TenantReimbursements
232000 USD
CY2013Q1 us-gaap Tenant Reimbursements
TenantReimbursements
3000 USD
CY2014Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
37602790 shares
CY2013Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
439097 shares
CY2014Q1 dei Amendment Flag
AmendmentFlag
false
CY2014Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2014Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2014Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
CY2014Q1 dei Document Period End Date
DocumentPeriodEndDate
2014-03-31
CY2014Q1 dei Document Type
DocumentType
10-Q
CY2014Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001526113
CY2014Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
90043290 shares
CY2014Q1 dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
CY2014Q1 dei Entity Registrant Name
EntityRegistrantName
American Realty Capital Global Trust, Inc.

Files In Submission

Name View Source Status
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0001526113-14-000015-index.html Edgar Link pending
0001526113-14-000015.txt Edgar Link pending
0001526113-14-000015-xbrl.zip Edgar Link pending
arcex10-28img001.jpg Edgar Link pending
arcgex1025.htm Edgar Link pending
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ck0001526113-20140331.xml Edgar Link completed
ck0001526113-20140331.xsd Edgar Link pending
ck0001526113-20140331_cal.xml Edgar Link unprocessable
ck0001526113-20140331_def.xml Edgar Link unprocessable
ck0001526113-20140331_lab.xml Edgar Link unprocessable
ck0001526113-20140331_pre.xml Edgar Link unprocessable
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