| In millions, except per share items | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Revenues: |
| Hotels | 3.7 | | | | | | | |
| Strategic Opportunistic Properties | 93.3 | 91.4 | | | | | | |
| Single-Family Homes | 17.1 | 1.8 | | | | | | |
| Total revenues [+] | 114.0 | 93.2 | 95.8 | 140.7 | 134.2 | 112.1 | 106.2 | 68.5 |
| Tenant reimbursements | | | | | 20.8 | 18.3 | 16.3 | 10.0 |
| Lease / rental | | | | | 106.3 | 88.5 | 83.7 | 46.2 |
| Net interest income | | | | | 0.1 | | | 0.1 |
| Other real estate | | | | | | | | 2.0 |
| Other income | | | | | 3.4 | 3.3 | | |
| Revenue growth [+] | 22.4% | -2.7% | -31.9% | 4.8% | 19.7% | 5.6% | 55.0% | 262.8% |
| Strategic Opportunistic Properties | 2.1% | | | | | | | |
| Single-Family Homes | 843.8% | | | | | | | |
| Cost of goods sold [+] | 63.4 | 50.1 | 49.4 | 70.7 | 58.8 | 52.1 | 50.1 | 32.1 |
| Maintenance and operations costs | 3.8 | | | | | | | |
| Related party costs | 10.0 | 8.2 | 8.5 | 10.7 | | | | |
| Real estate taxes and insurance | 15.7 | 12.6 | 11.8 | 17.4 | 16.9 | 14.6 | 14.2 | 9.3 |
| Real estate or leased property costs | 33.9 | 29.3 | 29.1 | 42.6 | 41.9 | 37.5 | 36.0 | 22.8 |
| Gross profit | 50.6 | 43.1 | 46.4 | 70.0 | 75.5 | 60.1 | 56.0 | 36.4 |
| Gross margin | 44.4% | 46.2% | 48.4% | 49.8% | 56.2% | 53.6% | 52.8% | 53.2% |
| Selling, general and administrative [+] | 7.7 | 7.4 | 8.2 | 6.0 | 5.8 | 3.2 | 3.4 | 3.2 |
| General and administrative | 7.7 | 7.4 | 8.2 | 6.0 | 5.8 | 3.2 | 3.4 | 3.2 |
| Equity in earnings | -1.6 | -6.6 | 9.8 | -2.1 | | | 1.1 | 0.1 |
| Other operating expenses | 12.6 | -22.8 | -50.4 | -253.1 | 15.4 | -4.9 | 43.7 | 5.0 |
| EBITDA [+] | 28.7 | 51.9 | 98.4 | 315.0 | 54.3 | 61.8 | 9.9 | 28.4 |
| EBITDA growth | -44.6% | -47.3% | -68.8% | 479.9% | -12.0% | 521.0% | -65.0% | -1394.2% |
| EBITDA margin | 25.2% | 55.7% | 102.7% | 223.9% | 40.5% | 55.1% | 9.4% | 41.5% |
| Depreciation and amortization | 45.0 | 34.0 | 35.0 | 53.4 | 52.1 | 44.7 | 47.1 | 28.7 |
| EBIT [+] | -16.3 | 17.9 | 63.4 | 261.6 | 2.3 | 17.0 | -37.1 | -0.3 |
| EBIT growth | -191.3% | -71.8% | -75.8% | 11398.9% | -86.6% | -145.8% | 13698.5% | -97.5% |
| EBIT margin | -14.3% | 19.2% | 66.2% | 185.9% | 1.7% | 15.2% | -35.0% | -0.4% |
| Non-recurring items [+] | | | | | 0.5 | | 2.2 | 2.7 |
| Asset impairment | | | | | | | | 1.4 |
| Loss (gain) on disposal of assets | | | | | | | 0.1 | |
| Interest expense, net [+] | 28.8 | 26.7 | 29.2 | 36.0 | 29.2 | 15.0 | 15.6 | 2.6 |
| Interest expense | 29.1 | 28.8 | 31.1 | 37.1 | 29.2 | 15.0 | 15.6 | 2.7 |
| Interest income | 0.3 | 2.1 | 1.9 | 1.1 | 0.0 | 0.0 | 0.0 | 0.1 |
| Other income (expense), net [+] | -3.7 | -6.3 | -0.9 | -14.8 | -1.6 | 5.1 | 31.2 | 5.4 |
| Gain (loss) on sale of assets | | | | | | 13.7 | | |
| Gain (loss) on debt retirement | 0.4 | -1.1 | -0.5 | -0.5 | | | | |
| Gain (loss) on foreign currency transactions | 2.9 | 12.5 | -10.1 | 15.3 | 3.0 | | | |
| Extraordinary gain | 2.0 | | | | | | | |
| Other | | | | | 1.4 | 5.1 | 0.0 | |
| Pre-tax income | -48.8 | -15.2 | 33.3 | 210.7 | -29.1 | 7.1 | -23.7 | -0.2 |
| Income taxes | 0.2 | 2.1 | -0.2 | 0.2 | 0.0 | 4.7 | -0.6 | -11.6 |
| Tax rate | | | | 0.1% | | 65.7% | 2.3% | 7661.2% |
| Minority interest | 0.7 | 2.1 | -0.2 | -0.1 | -0.2 | 4.7 | -0.6 | 0.1 |
| Earnings from continuing ops | -49.6 | -17.3 | 33.5 | 210.6 | -28.9 | 2.4 | -23.2 | -0.2 |
| Earnings from discontinued ops | | | | | | | | 11.7 |
| Net income | -49.6 | -17.3 | 33.5 | 210.6 | -28.9 | 2.4 | -23.2 | 11.5 |
| Net margin | -43.5% | -18.6% | 35.0% | 149.7% | -21.5% | 2.2% | -21.8% | 16.8% |
| |
| Basic EPS [+] | ($0.66) | ($0.26) | $0.57 | $3.77 | ($0.50) | $0.04 | ($0.39) | $0.00 |
| Growth | 152.6% | -145.5% | -84.9% | -860.3% | -1311.3% | -110.5% | 9040.2% | -98.3% |
| Diluted EPS [+] | ($0.66) | ($0.26) | $0.57 | $3.77 | ($0.50) | $0.04 | ($0.39) | $0.00 |
| Growth | 152.6% | -145.5% | -84.9% | -860.3% | -1311.3% | -110.5% | 9040.2% | -98.3% |
| |
| Dividends per share [+] | $0.01 | $0.03 | $1.21 | $3.89 | $0.38 | $0.38 | $0.10 | $0.44 |
| Growth | -70.0% | -97.5% | -68.9% | 923.7% | 0.0% | 292.2% | -78.0% | 10.0% |
| |
| Shares outstanding (basic) [+] | 75.4 | 66.4 | 58.7 | 55.8 | 58.3 | 59.7 | 59.7 | 58.4 |
| Growth | 13.5% | 13.1% | 5.2% | -4.2% | -2.3% | -0.1% | 2.3% | 64.6% |
| Shares outstanding (diluted) [+] | 75.4 | 66.4 | 58.7 | 55.8 | 58.3 | 59.7 | 59.7 | 58.4 |
| Growth | 13.5% | 13.1% | 5.2% | -4.2% | -2.3% | -0.1% | 2.3% | 64.6% |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |