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Urban Edge Properties (UE)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsMar-31-23Sep-30-22Jun-30-22Mar-31-22Dec-31-21Sep-30-21Jun-30-21Mar-31-21
   10-Q10-Q10-Q10-Q10-K10-Q10-Q10-Q
REVENUE          
Revenues          
    Total revenue  99.498.397.9100.2128.6106.894.095.7
            Total revenue growth  -0.8%-8.0%4.1%4.7%47.3%40.9%27.7%2.5%
EXPENSES          
Depreciation and amortization  25.124.324.724.523.823.222.522.9
Real estate taxes  15.716.215.516.016.015.915.416.6
Property operating  17.417.717.621.216.715.715.920.3
General and administrative  9.19.910.611.110.910.19.58.7
Real estate impairment loss  34.1       
Lease expense  3.23.13.13.1 3.23.23.3
    Total expenses  104.571.271.576.0138.068.466.4151.9
Gain on sale of real estate  0.4 0.4  6.9 11.7
Interest income  0.50.30.20.20.10.10.10.1
Interest and debt expense  -15.3-15.3-14.2-14.0-13.7-14.6-14.7-14.8
    Income (loss) before income taxes  -19.412.112.710.444.230.812.921.0
Income tax expense  -0.7-0.6-0.7-0.9-0.2-0.70.0-0.2
    Net income (loss)  -20.111.512.09.544.030.113.020.7
   
Less net (income) loss attributable to NCI in:          
Operating partnership  0.8-0.5-0.5-0.4-1.7-1.1-0.6-0.9
Consolidated subsidiaries  0.20.40.10.3 -1.20.2 
    Net income (loss) attributable to common shareholders  -19.111.411.69.542.527.812.519.9
   
Earnings per common share - Basic (in dollars per share)  ($0.16)$0.10$0.10$0.08$0.37$0.24$0.11$0.17
Earnings per common share - Diluted (in dollars per share)  ($0.16)$0.10$0.10$0.08$0.37$0.24$0.11$0.17
   
Weighted average shares outstanding - Basic (in shares)  117.5117.4117.4117.3117.0117.1117.0117.0
Weighted average shares outstanding - Diluted (in shares)  117.5121.7117.4117.4121.4117.1117.0117.0
Net income (loss)  -20.111.512.09.544.030.113.020.7
Effective portion of change in fair value of derivatives  -0.30.6-0.1     
   
    Comprehensive income (loss)          
Less comprehensive loss attributable to NCI in Operating partnership  0.00.00.0     
Less net (income) loss attributable to NCI in Operating partnership  0.8-0.5-0.5-0.4-1.7-1.1-0.6-0.9
Less net (income) loss attributable to NCI in Consolidated subsidiaries  0.20.40.10.3 -1.20.2 
    Comprehensive income (loss) attributable to common shareholders  -19.412.011.69.5 27.812.5 

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