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Income Statement
Sotherly Hotels Inc. (SOHOO)
source: myfinsight.com
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Gain on involuntary
conversion of assets
$249,384
Interest income
$66,146
Net operating
income
$6,574,752
Other income
$125,430
Unrealized gain (loss) on
hedging activities
$53,369
Net income before
income taxes
$1,571,292
Interest expense
$5,497,789
Add net (income)
loss attributable to...
-$21,561
Net income
$1,556,424
Income tax provision
$14,868
Net income (loss)
attributable to common...
-$416,328
Net income
attributable to the company
$1,577,985
Undeclared distributions
to preferred...
$1,994,313
Redeemable Preferred Stock
Dividends
$1,994,313
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