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Income Statement
ACRES Commercial Realty Corp. (ACR)
source: myfinsight.com
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Cre loans
$28,497K
Other
$334K
Total interest income
$28,831K
Real estate income
$13,273K
Other revenue
$33K
Net interest income
$8,567K
Interest expense
$20,264K
Total revenues
$21,873K
Net interest and
other revenues less...
$4,362K
Total operating
expenses
$17,511K
(reversal of) provision
for credit losses,...
-$780K
Income before taxes
$4,331K
Total other (expense)
income
-$31K
Other income
$638K
Equity compensation -
related party
$585K
Management fees - related
party
$1,601K
Real estate expenses
$13,349K
Corporate depreciation
and amortization
$20K
General and
administrative
$2,736K
Net (loss) income
allocable to common shares
-$732K
Net loss allocable
to...
-$226K
Net income
$4,324K
Income tax expense
$7K
Equity in losses of
unconsolidated subsidiaries
-$669K
Net income
allocated to preferred...
$5,282K
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