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Income Statement
Balance Sheet
Cash Flow Statement

Common Size IS
Op Efficiency
Credit Analysis

Silver Bay Realty Trust Corp. (SBY)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-16Dec-31-15Dec-31-14Dec-31-13Dec-31-12
   10-K10-K10-K10-K10-K
Revenue:       
Rental revenue  123.5111.275.948.03.6
Other revenue  3.12.52.01.60.0
    Total revenue  126.6113.777.949.63.6
            Total revenue growth  11.4%45.9%57.1%1271.5% 
Expenses:       
Property operating and maintenance  23.422.117.312.51.9
Real estate taxes  17.715.811.06.91.3
Homeowners’ association fees  1.71.91.31.10.4
Property management  10.911.19.411.70.5
Depreciation and amortization  37.335.225.620.22.1
General and administrative  14.515.910.36.80.9
Share-based compensation  2.72.61.00.9 
Severance and other  2.0    
   
Transaction expenses       
Impairment of real estate  1.10.10.6  
    Total expenses  137.8128.1134.172.99.1
    Loss before other income, income taxes and non-controlling interests  -11.1-14.4-56.2-23.3-5.5
            Operating margin  -8.8%-12.7%-72.1%-46.9%-152.7%
   
Other income:       
Net gain on disposition of real estate       
Adjustments for derivative instruments, net  0.0-0.1-0.5  
   
Other expense       
    Total other income  9.53.7-0.5-2.7 
Loss before income taxes and non-controlling interests  -1.6-10.7-56.7-24.6 
Income tax expense, net  -1.00.8  0.0
    Net loss  -2.6-10.0-56.7-24.6-5.5
Net loss attributable to noncontrolling interests - Operating Partnership  0.20.60.10.00.0
    Net loss attributable to controlling interests  -2.5-9.4-56.6-24.5-5.5
Preferred stock distributions  -0.1-0.1-0.1-0.10.0
    Net loss attributable to common stockholders  -2.6-9.5-56.7-24.6-5.5
   
Loss per share - basic and diluted (Note 7):       
Net loss attributable to common shares (in dollars per share)  ($0.07)($0.26)($1.49)($0.63)($0.04)
   
Weighted average common shares outstanding (in shares)  35.636.238.139.137.3
   
Comprehensive Loss:       
Net loss  -2.6-10.0-56.7-24.6-5.5
   
Other comprehensive income (loss):       
Net change in fair value of cash flow hedges       
Losses reclassified into earnings from other comprehensive income (loss)       
    Other comprehensive income (loss)       
    Comprehensive loss       
Comprehensive loss attributable to noncontrolling interests - Operating Partnership       
    Comprehensive loss attributable to controlling interests  1.7-10.8-56.4-24.8-5.5

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