2016 Q2 Form 10-Q Financial Statement
#000159552716000029 Filed on May 12, 2016
Income Statement
Concept | 2016 Q2 | 2016 Q1 | 2015 Q1 |
---|---|---|---|
Revenue | $10.05M | $8.506M | $2.803M |
YoY Change | 34.87% | 203.46% | |
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 | $1.839M | ||
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | $15.15M | $10.83M | $10.02M |
YoY Change | 78.17% | 8.04% | 62525.0% |
Operating Profit | -$5.095M | -$2.320M | -$7.217M |
YoY Change | 386.16% | -67.85% | 45006.25% |
Interest Expense | $1.424M | $1.216M | $56.00K |
YoY Change | 22.34% | 2071.43% | |
% of Operating Profit | |||
Other Income/Expense, Net | -$1.306M | -$1.085M | -$22.00K |
YoY Change | 15.17% | 4831.82% | |
Pretax Income | |||
YoY Change | |||
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$6.401M | -$3.405M | -$7.239M |
YoY Change | 193.35% | -52.96% | 45143.75% |
Net Earnings / Revenue | -63.67% | -40.03% | -258.26% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | |||
COMMON SHARES | |||
Basic Shares Outstanding | 30.72M shares | 30.57M shares | 23.99M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2016 Q2 | 2016 Q1 | 2015 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | |||
YoY Change | |||
Cash & Equivalents | $73.26M | $153.1M | $109.9M |
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 | $804.8M | $717.2M | $656.5M |
YoY Change | 9.42% | 9.26% | |
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 | $241.2M | $130.5M | $136.2M |
YoY Change | 75.67% | -4.24% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$107.3M | -$89.35M | -$32.61M |
YoY Change | 137.97% | 174.0% | |
Common Stock | $304.0K | $306.0K | $251.0K |
YoY Change | 4.11% | 21.91% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $563.5M | $586.8M | $520.2M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $804.8M | $717.2M | $656.5M |
YoY Change | 9.42% | 9.26% |
Cashflow Statement
Concept | 2016 Q2 | 2016 Q1 | 2015 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$6.401M | -$3.405M | -$7.239M |
YoY Change | 193.35% | -52.96% | 45143.75% |
Depreciation, Depletion And Amortization | $1.839M | ||
YoY Change | |||
Cash From Operating Activities | $1.308M | -$5.402M | |
YoY Change | -124.21% | ||
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | -$23.38M | -$156.0M | |
YoY Change | -85.02% | ||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | $5.883M | $3.887M | |
YoY Change | 51.35% | ||
Common Stock Issuance & Retirement, Net | $1.579M | -$108.9M | |
YoY Change | -101.45% | -54548.0% | |
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -$7.487M | $87.01M | |
YoY Change | -108.6% | 621385.71% | |
NET CHANGE | |||
Cash From Operating Activities | $1.308M | -$5.402M | |
Cash From Investing Activities | -$23.38M | -$156.0M | |
Cash From Financing Activities | -$7.487M | $87.01M | |
Net Change In Cash | -$29.56M | -$74.44M | |
YoY Change | -60.29% | -531807.14% | |
FREE CASH FLOW | |||
Cash From Operating Activities | $1.308M | -$5.402M | |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
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Amendment Flag
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false | |
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Current Fiscal Year End Date
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Q1 | |
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|
2016 | |
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Document Period End Date
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2016-03-31 | |
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Document Type
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Entity Central Index Key
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Entity Filer Category
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Entity Registrant Name
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Business Combination Recognized Identifiable Assets Acquiredand Liabilities Assumed Other Assets Liabilities Net Assumedin Period
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nyrt |
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nyrt |
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Initial Public Offering Subscriptions Required To Break Escrow Minimum
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Related Party Transactions Expenses Waivedfrom Transactionswith Related Party
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1333000 | USD |
CY2015Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
1093000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
1629000 | USD |
CY2015Q1 | us-gaap |
Interest Expense
InterestExpense
|
56000 | USD |
CY2016Q1 | us-gaap |
Interest Expense
InterestExpense
|
1216000 | USD |
CY2015Q1 | us-gaap |
Interest Paid
InterestPaid
|
0 | USD |
CY2016Q1 | us-gaap |
Interest Paid
InterestPaid
|
650000 | USD |
CY2015Q1 | us-gaap |
Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
|
34000 | USD |
CY2016Q1 | us-gaap |
Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
|
131000 | USD |
CY2015Q4 | us-gaap |
Land
Land
|
133380000 | USD |
CY2016Q1 | us-gaap |
Land
Land
|
133380000 | USD |
CY2015Q4 | us-gaap |
Liabilities
Liabilities
|
130276000 | USD |
CY2016Q1 | us-gaap |
Liabilities
Liabilities
|
130472000 | USD |
CY2015Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
726415000 | USD |
CY2016Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
717246000 | USD |
CY2016Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
|
0 | USD |
CY2016Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
|
0 | USD |
CY2016Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
0 | USD |
CY2016Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
0 | USD |
CY2016Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
96000000 | USD |
CY2016Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
|
0 | USD |
CY2015Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
87008000 | USD |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-7487000 | USD |
CY2015Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-156045000 | USD |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-23380000 | USD |
CY2015Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-5402000 | USD |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
1308000 | USD |
CY2015Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-7239000 | USD |
CY2016Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3405000 | USD |
CY2016Q1 | us-gaap |
Net Rentable Area
NetRentableArea
|
841868 | sqft |
CY2015Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-22000 | USD |
CY2016Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-1085000 | USD |
CY2015Q1 | us-gaap |
Number Of Businesses Acquired
NumberOfBusinessesAcquired
|
1 | property |
CY2016Q1 | us-gaap |
Number Of Real Estate Properties
NumberOfRealEstateProperties
|
5 | property |
CY2015Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
10020000 | USD |
CY2016Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
10826000 | USD |
CY2015Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-7217000 | USD |
CY2016Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-2320000 | USD |
CY2016Q1 | us-gaap |
Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
|
237658000 | USD |
CY2016Q1 | us-gaap |
Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
|
20398000 | USD |
CY2016Q1 | us-gaap |
Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
|
23036000 | USD |
CY2016Q1 | us-gaap |
Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
|
24750000 | USD |
CY2016Q1 | us-gaap |
Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
|
25209000 | USD |
CY2016Q1 | us-gaap |
Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
|
25961000 | USD |
CY2016Q1 | us-gaap |
Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
|
118304000 | USD |
CY2015Q1 | us-gaap |
Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
|
2628000 | USD |
CY2016Q1 | us-gaap |
Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
|
7961000 | USD |
CY2015Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
3000 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
11000 | USD |
CY2015Q1 | us-gaap |
Payments For Capital Improvements
PaymentsForCapitalImprovements
|
989000 | USD |
CY2016Q1 | us-gaap |
Payments For Capital Improvements
PaymentsForCapitalImprovements
|
5376000 | USD |
CY2015Q1 | us-gaap |
Payments For Deposits On Real Estate Acquisitions
PaymentsForDepositsOnRealEstateAcquisitions
|
0 | USD |
CY2016Q1 | us-gaap |
Payments For Deposits On Real Estate Acquisitions
PaymentsForDepositsOnRealEstateAcquisitions
|
18000000 | USD |
CY2015Q1 | us-gaap |
Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
|
-1980000 | USD |
CY2016Q1 | us-gaap |
Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
|
0 | USD |
CY2015Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | USD |
CY2016Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
1579000 | USD |
CY2015Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
3887000 | USD |
CY2016Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
5883000 | USD |
CY2015Q1 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
4555000 | USD |
CY2016Q1 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
25000 | USD |
CY2015Q1 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
13446000 | USD |
CY2016Q1 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
0 | USD |
CY2015Q1 | us-gaap |
Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
|
7000 | USD |
CY2016Q1 | us-gaap |
Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
|
4000 | USD |
CY2015Q1 | us-gaap |
Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
|
157029000 | USD |
CY2016Q1 | us-gaap |
Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
|
0 | USD |
CY2015Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2016Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2015Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
50000000 | shares |
CY2016Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
50000000 | shares |
CY2015Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2016Q1 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2015Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2016Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2015Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2016Q1 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2015Q4 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
7635000 | USD |
CY2016Q1 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
27199000 | USD |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
754600000 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
760100000 | USD | |
CY2015Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
108896000 | USD |
CY2016Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | USD |
us-gaap |
Proceeds From Issuance Of Common Stock Dividend Reinvestment Plan
ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan
|
24900000 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock Dividend Reinvestment Plan
ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan
|
30500000 | USD | |
CY2015Q4 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
18045000 | USD |
CY2016Q1 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
22860000 | USD |
CY2015Q4 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
550369000 | USD |
CY2016Q1 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
556015000 | USD |
CY2015Q4 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
532324000 | USD |
CY2016Q1 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
533155000 | USD |
CY2015Q4 | us-gaap |
Related Party Transaction Due From To Related Party
RelatedPartyTransactionDueFromToRelatedParty
|
-123000 | USD |
CY2016Q1 | us-gaap |
Related Party Transaction Due From To Related Party
RelatedPartyTransactionDueFromToRelatedParty
|
-353000 | USD |
CY2015Q1 | us-gaap |
Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
|
5981000 | USD |
CY2016Q1 | us-gaap |
Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
|
1557000 | USD |
CY2015Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-74444000 | USD |
CY2016Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-89345000 | USD |
CY2015Q1 | us-gaap |
Revenues
Revenues
|
2803000 | USD |
CY2016Q1 | us-gaap |
Revenues
Revenues
|
8506000 | USD |
CY2016Q1 | us-gaap |
Secured Debt
SecuredDebt
|
96000000 | USD |
CY2015Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
-1000 | USD |
CY2016Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
13000 | USD |
CY2016Q1 | us-gaap |
Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
|
236046 | shares |
CY2016Q1 | us-gaap |
Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
|
1333 | shares |
CY2015Q1 | us-gaap |
Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
4011000 | USD |
CY2016Q1 | us-gaap |
Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
5601000 | USD |
CY2016Q1 | us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
3575 | shares |
CY2016Q1 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
89000 | USD |
CY2015Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
596139000 | USD |
CY2016Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
586774000 | USD |
CY2015Q1 | us-gaap |
Tenant Reimbursements
TenantReimbursements
|
175000 | USD |
CY2016Q1 | us-gaap |
Tenant Reimbursements
TenantReimbursements
|
545000 | USD |
us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
23.63 | ||
CY2016Q1 | us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
23.11 | |
us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
183780 | shares | |
CY2016Q1 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
68491 | shares |
CY2015Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
22694003 | shares |
CY2016Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
30562487 | shares |