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Cre loans
$32,942K
Other
$1,418K
Total interest income
$34,360K
Net interest income
$9,246K
Real estate income
$8,547K
Other revenue
$31K
Interest expense
$25,114K
Total revenues
$17,824K
Loss on sale of
investment in real estate
$3,336K
Equity in earnings
(gaines) of...
$245K
Other income
$23K
Net interest and
other revenues less...
$3,925K
Total other income
(expense)
$3,604K
Total operating
expenses
$13,899K
Reversal of credit
gaines, net
-$967K
Income (gain) before
taxes
$7,529K
Real estate expenses
$9,710K
General and
administrative
$3,036K
Management fees - related
party
$1,561K
Equity compensation -
related party
$540K
Corporate depreciation
and amortization
$19K
Net gain allocable
to common shares
-$1,023K
Net income (gain)
$7,528K
Income tax expense
$1K
Net income
allocated to preferred...
$5,114K
Net (income) gain
allocable to...
$3,437K
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Income Statement
source: myfinsight.com
ACRES Commercial Realty Corp. (ACR-PD)
ACRES Commercial Realty Corp. (ACR-PD)