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Front Yard Residential Corp (RESI)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14Dec-31-13
   10-K10-K10-K10-K10-K10-K10-K
Revenues:         
Rental revenues  207.0      
    Total revenues  207.0183.094.256.8248.1423.372.3
            Total revenues growth  13.1%94.3%65.9%-77.1%-41.4%485.5% 
Expenses:         
Residential property operating expenses  77.864.062.866.566.326.00.8
Property management expenses  15.413.29.03.7   
Depreciation and amortization  82.281.061.627.07.51.10.0
Acquisition and integration costs      2.32.61.4
Impairment  4.512.740.157.972.221.8 
Mortgage loan servicing costs  0.91.510.734.662.368.210.4
Interest expense  -84.1-77.0-59.6-53.9-53.7-35.8-4.6
Share-based compensation  5.93.04.11.30.20.2 
General and administrative  25.813.811.010.610.113.32.8
   
Management fees to AAMC         
Termination fee to AAMC         
    Total expenses  391.8378.6339.7350.4363.8263.033.5
    Operating loss  -94.2-131.8-182.8-227.2-49.5  
            Operating margin  -45.5%-72.0%-194.1%-400.2%-19.9%  
Insurance recoveries  0.70.63.3    
Other (loss) income  -10.80.9 -0.83.52.5 
    Net loss before income taxes  -105.2-130.8-185.4-227.9-45.9188.939.6
Income tax expense  -0.20.00.0-0.1-0.10.0 
    Net loss  -105.4-130.8-185.5-228.0-46.0188.939.6
   
Loss per share of common stock - basic:         
Loss per basic share (usd per share)  ($1.96)($2.44)($3.47)($4.18)($0.81)$3.36$1.67
   
Weighted average common stock outstanding – basic (in shares)  53.853.653.554.556.856.223.7
   
Loss per share of common stock - diluted:         
Loss per diluted share (usd per share)  ($1.96)($2.44)($3.47)($4.18)($0.81)$3.34$1.61
Weighted average common stock outstanding – diluted (in shares)  53.853.653.554.556.856.624.6
   
Dividends declared per common share (usd per share)  $0.45$0.60$0.60$0.75$1.83$2.03$0.35

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