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Variable lease payments
$1,527,000
Lease payments
$10,637,250
Net income (loss)
attributable to common...
-$802,250
Other revenue
$131,250
Interest income from
commercial loans and...
$2,837,500
Lease income
$12,164,250
Less distributions
to preferred...
$138,000
Net income (loss)
attributable to alpine income...
-$664,250
Less net loss
(income) attributable to...
-$57,000
Gain on disposition
of assets
$517,500
Total revenues
$15,133,000
Net income (loss)
-$721,250
Investment and other income
$60,500
Net income from
operations
$3,284,500
Total operating
expenses
$12,366,000
Interest expense
$4,066,250
Depreciation and
amortization
$6,845,750
Provision for impairment
$1,854,000
General and
administrative expenses
$1,677,250
Real estate expenses
$1,989,000
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Income Statement
source: myfinsight.com
Alpine Income Property Trust, Inc. (PINE-PA)
Alpine Income Property Trust, Inc. (PINE-PA)