$MDV
MODIV INDUSTRIAL, INC.

2016 Q3 Form 10-Q Financial Statement

#000114420416134406 Filed on November 14, 2016

View on sec.gov

Income Statement

Concept 2016 Q3 2015 Q3
Revenue $359.5K $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $1.102M $0.00
YoY Change
Operating Profit
YoY Change
Interest Expense $174.3K $0.00
YoY Change
% of Operating Profit
Other Income/Expense, Net -$3.681K -$36.00
YoY Change 10125.0%
Pretax Income
YoY Change
Income Tax
% Of Pretax Income
Net Earnings -$299.6K -$36.00
YoY Change 832191.67%
Net Earnings / Revenue -83.33%
Basic Earnings Per Share
Diluted Earnings Per Share
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2016 Q3 2015 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $1.988M $101.0K
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 $1.996M
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets
YoY Change
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
YoY Change
SHAREHOLDERS EQUITY
Retained Earnings -$911.7K
YoY Change
Common Stock $644.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $5.305M
YoY Change
Total Liabilities & Shareholders Equity $20.54M
YoY Change

Cashflow Statement

Concept 2016 Q3 2015 Q3
OPERATING ACTIVITIES
Net Income -$299.6K -$36.00
YoY Change 832191.67%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities
YoY Change
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
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
YoY Change
NET CHANGE
Cash From Operating Activities
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash
YoY Change
FREE CASH FLOW
Cash From Operating Activities
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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IncreaseDecreaseInDueToAffiliatesCurrent
4000 USD
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CY2015Q4 us-gaap Liabilities And Stockholders Equity
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CY2015Q4 us-gaap Other Assets
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CY2015Q4 us-gaap Assets
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CY2015Q4 us-gaap Unsecured Debt
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CY2015Q4 us-gaap Secured Debt
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CY2015Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
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CY2015Q4 us-gaap Liabilities
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CY2015Q4 us-gaap Preferred Stock Value
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CY2015Q4 us-gaap Common Stock Value
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CY2015Q4 us-gaap Additional Paid In Capital
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CY2015Q4 us-gaap Retained Earnings Accumulated Deficit
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CY2016Q3 us-gaap Stockholders Equity
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CY2015Q4 us-gaap Stockholders Equity
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193815 USD
CY2016Q3 us-gaap Liabilities And Stockholders Equity
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CY2016Q3 us-gaap Real Estate Revenue Net
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us-gaap Real Estate Revenue Net
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328041 USD
us-gaap Real Estate Revenue Net
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0 USD
CY2016Q3 us-gaap Revenues
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us-gaap Revenues
Revenues
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us-gaap Revenues
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us-gaap Affiliate Costs
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us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
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us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
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us-gaap Common Stock Dividends Per Share Declared
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us-gaap Interest Expense
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33311 USD
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CY2015Q4 cik0001645873 Authority To Issue Of Common Stock
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CY2015Q4 us-gaap Share Price
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us-gaap Limited Liability Company Llc Or Limited Partnership Lp Managing Member Or General Partner Ownership Interest
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us-gaap Limited Liability Company Llc Or Limited Partnership Lp Members Or Limited Partners Ownership Interest
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cik0001645873 Minimum Percentage Distribute Of Taxable Income To Shareholders
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CY2016Q3 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
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CY2016Q3 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
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CY2016Q3 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
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CY2016Q3 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
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CY2016Q3 us-gaap Finite Lived Intangible Assets Net
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CY2016Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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CY2016Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
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CY2016Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
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CY2016Q3 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
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CY2016Q3 us-gaap Preferred Stock Shares Issued
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CY2015Q4 us-gaap Preferred Stock Shares Issued
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CY2015Q4 us-gaap Common Stock Shares Outstanding
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us-gaap Stock Issued During Period Value New Issues
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us-gaap Use Of Estimates
UseOfEstimates
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <i><font style="COLOR: black; FONT-SIZE: 10pt">Use of Estimates</font></i></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt; size: 8.5in 11.0in"> <b><i><font style="COLOR: black; FONT-SIZE: 10pt"> &#160;</font></i></b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt; size: 8.5in 11.0in"> <font style="COLOR: black; FONT-SIZE: 10pt">The preparation of the consolidated financial statements and the accompanying notes thereto in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results may differ from those estimates.</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2015Q3 us-gaap Operating Expenses
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0 USD
cik0001645873 Description Of Share Repurchase Program
DescriptionOfShareRepurchaseProgram
The share repurchase price at any given time will equal the most recently published NAV (and if none, then $10.00 per share) less an administrative charge of 3% of the share repurchase price proceeds if the shares are owned for less than one year, 2% if the shares are owned less than two years but greater than one year, and 1% if the shares are owned for less than three years but greater than two years. There is no administrative charge for shares held at least three years.
us-gaap Payments To Acquire Real Estate
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us-gaap Amortization Of Financing Costs
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CY2016Q3 us-gaap Tenant Reimbursements
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us-gaap Tenant Reimbursements
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us-gaap Other Operating Income
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us-gaap Other Operating Income
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us-gaap Tenant Reimbursements
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CY2015Q3 us-gaap Real Estate Revenue Net
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CY2015Q3 us-gaap Revenues
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CY2016Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
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CY2016Q3 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
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CY2015Q3 us-gaap Cost Of Property Repairs And Maintenance
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us-gaap Cost Of Property Repairs And Maintenance
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us-gaap Cost Of Property Repairs And Maintenance
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us-gaap Investment Income Interest
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us-gaap Investment Income Interest
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CY2016Q3 us-gaap Income Loss From Equity Method Investments
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CY2015Q3 us-gaap Income Loss From Equity Method Investments
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us-gaap Income Loss From Equity Method Investments
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us-gaap Income Loss From Equity Method Investments
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us-gaap Nonoperating Income Expense
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us-gaap Nonoperating Income Expense
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CY2015Q3 us-gaap Net Income Loss
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CY2015Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
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CY2016Q3 cik0001645873 Operating Expensesnet
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CY2015Q3 cik0001645873 Operating Expensesnet
OperatingExpensesnet
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cik0001645873 Operating Expensesnet
OperatingExpensesnet
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cik0001645873 Operating Expensesnet
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us-gaap Dividends
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us-gaap Stock Issued During Period Value Share Based Compensation
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us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
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cik0001645873 Deferred Rent Expenses
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cik0001645873 Deferred Rent Expenses
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us-gaap Other Amortization Of Deferred Charges
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us-gaap Other Amortization Of Deferred Charges
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us-gaap Amortization Of Deferred Leasing Fees
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us-gaap Amortization Of Deferred Leasing Fees
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us-gaap Share Based Compensation
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us-gaap Share Based Compensation
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us-gaap Increase Decrease In Other Current Assets
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us-gaap Increase Decrease In Other Current Assets
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us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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us-gaap Increase Decrease In Due To Affiliates Current
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us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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us-gaap Payments To Acquire Real Estate
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us-gaap Payments To Acquire Real Estate Held For Investment
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2000000 USD
us-gaap Payments To Acquire Real Estate Held For Investment
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us-gaap Payments For Deposits On Real Estate Acquisitions
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cik0001645873 Transfers To Redeemable Common Stock
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us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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us-gaap Repayments Of Lines Of Credit
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us-gaap Proceeds From Secured Notes Payable
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us-gaap Repayments Of Notes Payable
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us-gaap Repayments Of Notes Payable
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176063 USD
us-gaap Payments Of Financing Costs
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us-gaap Payments Of Stock Issuance Costs
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187101 USD
us-gaap Payments Of Stock Issuance Costs
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0 USD
us-gaap Proceeds From Issuance Of Common Stock
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6161482 USD
us-gaap Proceeds From Issuance Of Common Stock
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100000 USD
us-gaap Payments Of Dividends Common Stock
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4852 USD
us-gaap Payments Of Dividends Common Stock
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0 USD
us-gaap Proceeds From Repayments Of Restricted Cash Financing Activities
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-390672 USD
us-gaap Proceeds From Repayments Of Restricted Cash Financing Activities
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0 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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19664678 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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100000 USD
us-gaap Interest Paid
InterestPaid
192327 USD
us-gaap Interest Paid
InterestPaid
0 USD
us-gaap Stock Issued1
StockIssued1
0 USD
cik0001645873 Transfers To Redeemable Common Stock
TransfersToRedeemableCommonStock
0 USD
cik0001645873 Increase In Redeemable Common Stock Payable
IncreaseInRedeemableCommonStockPayable
8315 USD
cik0001645873 Increase In Redeemable Common Stock Payable
IncreaseInRedeemableCommonStockPayable
0 USD
cik0001645873 Increase In Lease Incentive Payable
IncreaseInLeaseIncentivePayable
535500 USD
cik0001645873 Increase In Lease Incentive Payable
IncreaseInLeaseIncentivePayable
0 USD
cik0001645873 Reinvested Distribution To Investment In Rich Uncles Reit I
ReinvestedDistributionToInvestmentInRichUnclesReitI
2885 USD
cik0001645873 Reinvested Distribution To Investment In Rich Uncles Reit I
ReinvestedDistributionToInvestmentInRichUnclesReitI
0 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
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1786928 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
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100964 USD
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
200815 USD
CY2015Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
0 USD
CY2016Q3 us-gaap Cash And Cash Equivalents At Carrying Value
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1987743 USD
CY2015Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
100964 USD
CY2016Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
8315 USD
CY2016Q4 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
1318551 shares
CY2016Q4 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
13185513 USD
CY2016Q4 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
63055 USD
cik0001645873 Relatedpartytransactionexpensesnet
Relatedpartytransactionexpensesnet
269233 USD
CY2015Q3 cik0001645873 Relatedpartytransactionexpensesnet
Relatedpartytransactionexpensesnet
0 USD
CY2016Q3 cik0001645873 Relatedpartytransactionexpensesnet
Relatedpartytransactionexpensesnet
-212454 USD
cik0001645873 Relatedpartytransactionexpensesnet
Relatedpartytransactionexpensesnet
7000 USD
CY2016Q4 us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
6305 shares

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0001144204-16-134406-index-headers.html Edgar Link pending
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0001144204-16-134406.txt Edgar Link pending
0001144204-16-134406-xbrl.zip Edgar Link pending
cik0001645873-20160930.xml Edgar Link completed
cik0001645873-20160930.xsd Edgar Link pending
cik0001645873-20160930_cal.xml Edgar Link unprocessable
cik0001645873-20160930_def.xml Edgar Link unprocessable
cik0001645873-20160930_lab.xml Edgar Link unprocessable
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