New York REIT Liquidating LLC (NYRT) [Rocket]

In millions, except per share items	Dec-31-17	Dec-31-16	Dec-31-15	Dec-31-14	Dec-31-13	Dec-31-12	Dec-31-11	Dec-31-10
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues:
Operating expense reimbursement and other revenue	102.3		19.3
Rental income			129.1	117.2	49.5	14.5	6.9	2.1
Reimbursements and other				15.6	4.1	0.9	0.6	0.3
Other	25.3		26.1	22.7	2.3
Total revenues [+]	127.6	160.3	174.5	155.6	55.9	15.4	7.5	2.4
Hotels	25.3		26.1	22.7	2.3
Tenant reimbursements	102.3		19.3	15.6	4.1	0.9	0.6	0.3
Lease / rental			129.1	117.2	49.5	14.5	6.9	2.1
Net investment income		0.0	1.1	2.9	0.7
Revenue growth [+]	-20.4%	-8.2%	12.2%	178.4%	262.4%	104.7%	217.0%
Rental income			10.1%	136.7%	241.2%	110.7%	230.2%
Reimbursements and other				280.5%	354.2%	40.2%	122.1%
Cost of goods sold [+]	27.0	43.6	43.8	37.2	12.5	2.4	1.0	0.7
Direct hotel costs	21.5		25.4	23.7	2.4
Gross profit	100.6	116.7	130.8	118.4	43.3	13.0	6.5	1.7
Gross margin	78.8%	72.8%	74.9%	76.1%	77.6%	84.5%	86.2%	71.7%
Selling, general and administrative [+]	21.5	12.8	27.3	12.3	1.0	0.2	0.2	0.0
General and administrative		12.8	27.3	12.3	1.0	0.2	0.2	0.0
Other operating expenses		40.1	37.8	77.1	2.4
EBITDA [+]		63.8	65.6	28.9	40.0	12.8	6.3	1.7
EBITDA growth	23.9%	-2.7%	126.9%	-27.6%	212.2%	103.9%	277.6%
EBITDA margin	62.0%	39.8%	37.6%	18.6%	71.5%	83.0%	83.3%	69.9%
Depreciation		69.0	82.7	84.8	31.8	6.4	2.6	0.5
EBITA	79.1	-5.1	-17.1	-55.9	8.2	6.4	3.7	1.2
EBITA margin	62.0%	-3.2%	-9.8%	-35.9%	14.7%	41.7%	48.7%	48.9%
Amortization of intangibles						1.7	1.4	0.5
EBIT [+]	79.1	-5.1	-17.1	-55.9	8.2	4.7	2.2	0.6
EBIT growth	-1640.1%	-70.0%	-69.4%	-781.7%	74.4%	110.5%	259.0%
EBIT margin	62.0%	-3.2%	-9.8%	-35.9%	14.7%	30.5%	29.6%	26.2%
Non-recurring items [+]		47.6	3.8	16.1	17.4	6.1	1.6	1.4
Asset impairment		27.9
Interest expense, net [+]	39.8	40.2	29.4	23.7	10.7	5.0	3.9	1.1
Interest expense	39.8	40.2	29.4	23.7	10.7	5.0	3.9	1.1
Interest income						0.0
Other income (expense), net [+]	-39.3	9.0	10.0	1.4	0.6	0.0	0.0	0.0
Unrealized gain/loss on derivatives					0.0	0.0
Other non-operating income							0.0	0.0
Other				-33.5			0.0	0.0
Pre-tax income	0.0	-83.9	-40.3	-94.3	-19.3	-6.4	-3.3	-1.9
Income taxes	0.0	-1.4	-1.2	-1.3	0.0	0.0	0.2	-0.1
Tax rate		1.6%	3.0%	1.3%	0.2%	0.5%		5.8%
Minority interest		-1.4	-1.2	-1.3	0.0	0.0	0.2	-0.1
Net income	0.0	-82.5	-39.1	-93.0	-19.3	-6.3	-3.4	-1.8
Net margin	0.0%	-51.5%	-22.4%	-59.8%	-34.5%	-41.1%	-45.4%	-74.1%

Basic EPS [+]		($5.00)	($0.24)	($0.56)	($0.26)	($0.52)	($1.65)	($48.80)
Growth		1976.0%	-56.7%	111.2%	-49.3%	-68.5%	-96.6%
Diluted EPS [+]		($5.00)	($0.24)	($0.56)	($0.26)	($0.52)	($1.65)	($48.80)
Growth		1976.0%	-56.7%	111.2%	-49.3%	-68.5%	-96.6%

Dividends per share [+]		$3.80	$0.46	$0.49	$0.61	$0.28	$0.98	$18.94
Growth	-100.0%	726.1%	-6.1%	-19.0%	114.0%	-71.1%	-94.8%

Shares outstanding (basic) [+]		16.5	162.2	167.0	73.1	12.2	2.1	0.0
Growth		-89.8%	-2.9%	128.5%	499.6%	488.7%	5633.3%
Shares outstanding (diluted) [+]		16.5	162.2	167.0	73.1	12.2	2.1	0.0
Growth		-89.8%	-2.9%	128.5%	499.6%	488.7%	5633.3%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.