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TIAA REAL ESTATE ACCOUNT

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14Dec-31-13Dec-31-12
   10-K10-K10-K10-K10-K10-K10-K10-K
    Total interest expense        116.8 
Net interest income        116.8 
Equity in earnings          
Pre-tax income  1,427.01,181.61,058.41,184.91,646.42,118.20.00.0
Income taxes  0.00.00.00.00.00.00.00.0
            Tax rate  0.0%0.0%0.0%0.0%0.0%0.0%  
Net income  1,427.01,181.61,058.41,184.91,646.42,118.20.00.0
            Net margin  129.3%109.1%99.9%117.4%179.1%   
   
   
   
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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