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Income Statement
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Gramercy Property Trust Inc. (GPT)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-14Dec-31-13Dec-31-12Dec-31-11Dec-31-10Dec-31-09Dec-31-08Dec-31-07
   10-K10-K10-K10-K10-K10-K10-K10-K
    Total interest expense         172.1
Net interest income         172.1
Provision for loan losses       517.8 9.4
Net interest income after provision for loan losses  0.00.00.00.00.0-517.80.0162.7
        Gain on sale of investments, net  7.43.5   151.1  
        Other non-interest income  1.110.21.3     
Total non-interest income  8.513.71.3  151.1  
Equity in earnings  -2.05.7-2.90.10.3-0.110.24.9
Pre-tax income before non-recurring items  -10.26.7-12.0-20.5-25.7-647.70.0161.7
Non-recurring items  6.22.80.1     
Asset impairment       3.9  
Pre-tax income  -16.43.9-12.1-20.5-25.7-651.70.0161.7
Income taxes  -0.8-6.4-3.3-0.6-1.0-2.50.0-1.3
            Tax rate  4.9% 27.5%2.8%3.8%0.4%  
Minority interest  0.2   -0.10.8  
Earnings from continuing ops  45.2-15.3-25.5-28.1-22.2-543.4 156.4
Earnings from discontinued ops  -0.5393.0-153.2358.4-946.614.3 -1.4
Net income  44.6377.7-178.7330.3-968.8-529.00.0155.0
            Net margin  41.4%666.0%-485.3%4250.1%-80933.4%-276.1%0.0%49.1%
   
Basic EPS  $0.43($0.25)($0.49)($0.56)($0.44)($10.90) $5.59
Diluted EPS  $0.42($0.25)($0.49)($0.56)($0.44)($10.90) $5.32
   
Shares outstanding (basic)  104.861.552.050.249.949.9 28.0
Shares outstanding (diluted)  107.861.552.050.249.949.9 29.4
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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