In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Revenues: |
Rental income | | | | | | | | 60.9 |
Tenant recovery income | | | | | | | | 15.5 |
Other | | | | | | | | 0.1 |
Total revenues [+] | 133.6 | 119.1 | 115.7 | 128.9 | 128.7 | 129.2 | 121.5 | 76.5 |
Tenant reimbursements | | | | | | | | 15.5 |
Lease / rental | | | | | | | | 60.9 |
Other real estate | | | | | | | | 0.1 |
Revenue growth [+] | 12.2% | 3.0% | -10.3% | 0.2% | -0.4% | 6.3% | 58.7% | 305.2% |
Rental income | | | | | | | | 307.9% |
Tenant recovery income | | | | | | | | 291.1% |
Cost of goods sold [+] | 42.3 | 36.0 | 33.9 | 39.0 | 38.6 | 38.4 | 35.7 | 20.8 |
Real estate taxes and insurance | 17.2 | 14.4 | 14.5 | 15.9 | 15.8 | 16.0 | 14.2 | 8.9 |
Real estate or leased property costs | 25.1 | 21.6 | 19.4 | 23.1 | 22.8 | 22.4 | 21.5 | 11.9 |
Gross profit | 91.4 | 83.1 | 81.8 | 90.0 | 90.1 | 90.8 | 85.8 | 55.8 |
Gross margin | 68.4% | 69.8% | 70.7% | 69.8% | 70.0% | 70.3% | 70.6% | 72.8% |
Selling, general and administrative [+] | 70.9 | 62.6 | 67.0 | 5.0 | 4.9 | 5.2 | 5.9 | 5.0 |
General and administrative | | | | 5.0 | 4.9 | 5.2 | 5.9 | 5.0 |
Equity in earnings | | | | | | 0.0 | 0.3 | -0.1 |
Other operating expenses | 20.3 | 16.2 | 26.7 | -6.3 | -7.9 | -19.2 | 7.0 | 19.4 |
EBITDA [+] | 55.5 | 53.2 | 40.9 | 91.3 | 93.1 | 104.8 | 73.2 | 31.3 |
EBITDA growth | 4.4% | 29.9% | -55.1% | -2.0% | -11.2% | 43.3% | 133.9% | 434.5% |
EBITDA margin | 41.5% | 44.6% | 35.4% | 70.8% | 72.4% | 81.2% | 60.2% | 40.9% |
Depreciation and amortization | 55.3 | 48.9 | 52.8 | 57.7 | 57.8 | 61.8 | 59.9 | 34.6 |
EBIT [+] | 0.2 | 4.3 | -11.9 | 33.6 | 35.3 | 43.0 | 13.3 | -3.3 |
EBIT growth | -95.7% | -135.8% | -135.4% | -4.9% | -18.0% | 223.5% | -502.7% | 80.5% |
EBIT margin | 0.1% | 3.6% | -10.3% | 26.0% | 27.4% | 33.3% | 10.9% | -4.3% |
Non-recurring items [+] | | | | 4.4 | | 8.5 | | |
Asset impairment | | | | 4.4 | | 8.5 | | |
Interest expense | | | | 28.3 | 27.1 | 24.6 | 21.6 | 10.3 |
Interest expense | 33.1 | 23.2 | 25.3 | 28.3 | 27.1 | 24.6 | 21.6 | 10.3 |
Other income (expense), net [+] | 32.9 | 23.1 | 25.3 | 0.1 | 0.9 | 0.1 | 18.2 | 26.8 |
Gain (loss) on investments | | | | 3.3 | | | | |
Gain (loss) on debt retirement | | | | | -0.4 | | | |
Pre-tax income | 0.1 | 4.2 | -12.0 | 1.0 | 9.1 | 10.0 | 9.9 | 13.1 |
Income taxes | 12.7 | 6.7 | -1.6 | 12.4 | 32.3 | 29.1 | 17.9 | 26.6 |
Tax rate | 21486.4% | 160.3% | 13.1% | 1255.9% | 356.5% | 290.2% | 180.5% | 202.4% |
Net income | -12.6 | -2.5 | -10.4 | -11.4 | -23.3 | -19.1 | -8.0 | -13.4 |
Net margin | -9.4% | -2.1% | -9.0% | -8.9% | -18.1% | -14.8% | -6.6% | -17.6% |
|
Basic EPS [+] | ($0.35) | ($0.07) | ($0.29) | ($0.32) | ($0.65) | ($0.54) | ($0.23) | ($0.48) |
Growth | 402.7% | -75.9% | -9.7% | -51.2% | 21.8% | 135.8% | -53.0% | 128.7% |
Diluted EPS [+] | ($0.35) | ($0.07) | ($0.29) | ($0.32) | ($0.65) | ($0.54) | ($0.23) | ($0.48) |
Growth | 402.7% | -75.9% | -9.7% | -51.2% | 21.8% | 135.8% | -53.0% | 128.7% |
|
Dividends per share [+] | | | | $1.24 | $1.13 | $1.50 | $1.50 | $1.53 |
Growth | | | -100.0% | 9.3% | -24.4% | 0.1% | -2.4% | 197.6% |
|
Shares outstanding (basic) [+] | 36.1 | 36.0 | 36.0 | 35.7 | 35.6 | 35.6 | 35.0 | 27.7 |
Growth | 0.3% | 0.0% | 0.8% | 0.4% | 0.1% | 1.7% | 26.1% | 34.9% |
Shares outstanding (diluted) [+] | 36.1 | 36.0 | 36.0 | 35.7 | 35.6 | 35.6 | 35.0 | 27.7 |
Growth | 0.3% | 0.0% | 0.8% | 0.4% | 0.1% | 1.7% | 26.1% | 34.9% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |