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Cre loans
$118,125K
Other
$1,024K
Total interest income
$119,149K
Real estate income
$46,606K
Net interest income
$33,207K
Other revenue
$133K
Interest expense
$85,942K
Total revenues
$79,946K
Gain on sale of
investment in real estate
$11,674K
Other income
$1,516K
Net interest and
other revenues less...
$16,430K
Total other income
$11,463K
Total operating
expenses
$63,516K
Equity in losses of
unconsolidated subsidiaries
-$1,727K
(reversal of) provision
for credit losses,...
-$7,749K
Income before taxes
$27,893K
Income tax benefit
(expense)
-$83K
Real estate expenses
$51,325K
General and
administrative
$11,304K
Management fees - related
party
$6,411K
Equity compensation -
related party
$2,147K
Corporate depreciation
and amortization
$78K
Net income
$27,976K
Net income
allocable to common shares
$239K
Net income
allocated to preferred...
$21,077K
Net (income) loss
allocable to...
$6,660K
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Income Statement
source: myfinsight.com
ACRES Commercial Realty Corp. (ACR-PD)
ACRES Commercial Realty Corp. (ACR-PD)