Fiscal period | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
Period End Date | 10/31/2022 | 10/31/2021 | 10/31/2020 | 10/31/2019 | 10/31/2018 | 10/31/2017 | 10/31/2016 | 10/31/2015 | 10/31/2014 | 10/31/2013 |
Recoveries from tenants | 137.66 | 130.36 | 120.94 | 132.29 | 127.23 | 28.68 | 25.79 | 28.70 | 24.95 | 22.59 |
Base rents | -- | -- | -- | -- | -- | 88.38 | 87.17 | 83.89 | 75.10 | 70.05 |
Lease termination income | 0.72 | 0.97 | 0.71 | 0.22 | 3.80 | 2.43 | 0.62 | 0.47 | 0.18 | 0.21 |
Settlement of lease guarantee obligation | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Mortgage interest and other | 4.72 | 4.25 | 5.10 | 4.37 | 3.70 | 4.07 | 3.21 | 2.25 | -- | 2.34 |
Operating leases | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Interest and other | -- | -- | -- | -- | -- | -- | -- | -- | 2.10 | -- |
Total Revenues | 143.10 | 135.58 | 126.75 | 136.88 | 134.72 | 123.56 | 116.79 | 115.31 | 102.33 | 95.20 |
Property operating | 25.12 | 22.94 | 19.54 | 22.15 | 22.24 | 20.07 | 18.72 | 21.27 | 18.93 | 17.47 |
Property taxes | 23.70 | 23.67 | 23.46 | 23.36 | 21.17 | 19.62 | 18.55 | 18.22 | 17.00 | 15.52 |
Depreciation and amortization | 29.80 | 29.03 | 29.19 | 27.93 | 28.33 | 26.51 | 23.03 | 22.44 | 19.25 | 17.77 |
Amortization | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
General and administrative | 9.93 | 8.99 | 10.64 | 9.41 | 9.22 | 9.18 | 9.28 | 8.58 | 8.02 | 8.21 |
Directors" fees and expenses | 0.50 | 0.36 | 0.37 | 0.35 | 0.34 | 0.32 | 0.32 | 0.33 | 0.31 | 0.34 |
Acquisition costs | -- | -- | -- | -- | -- | -- | 0.41 | 2.07 | 0.67 | 0.86 |
Provision for tenant credit losses | -- | -- | -- | -- | -- | (0.58) | (1.16) | (1.27) | (0.92) | (0.96) |
Total operating expenses | 89.06 | 84.98 | 83.21 | 83.20 | 81.30 | 76.29 | 71.47 | 74.17 | 65.09 | 61.13 |
Operating Income (Loss) | 54.05 | 50.60 | 43.54 | 53.69 | 53.43 | 47.27 | 45.33 | 41.14 | 37.24 | 34.08 |
Interest expense | 13.18 | 13.09 | 13.51 | 14.10 | 13.68 | 12.98 | 12.98 | 13.48 | 10.24 | 9.09 |
Gain on sale of properties | 0.77 | 11.86 | (6.05) | (0.02) | -- | 18.73 | -- | -- | -- | -- |
Gains on Sales of Real Estate Investments | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Gain on sale of marketable securities | -- | -- | 0.26 | 0.40 | -- | -- | -- | -- | -- | 1.46 |
Equity in earnings of unconsolidated joint venture | 1.40 | 1.32 | 1.43 | 1.24 | 2.09 | 2.06 | 2.02 | 1.94 | 1.60 | 1.32 |
Minority interests | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Interest, dividends and other investment income | 0.24 | 0.23 | 0.40 | 0.40 | 0.35 | 0.36 | 0.24 | 0.23 | 0.13 | 1.35 |
Other expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Income from Continuing Operations before Discontinued Operations | -- | -- | -- | -- | -- | -- | -- | 29.84 | 28.75 | 29.11 |
Income from discontinued operations | -- | -- | -- | -- | -- | -- | -- | -- | 0.14 | 1.31 |
Gains on sales of properties | -- | -- | -- | -- | -- | -- | -- | -- | 12.53 | -- |
Gain on sale of properties | -- | -- | -- | -- | -- | -- | -- | 20.38 | 24.35 | -- |
Net income (loss) | 43.27 | 50.93 | 26.07 | 41.61 | 42.18 | 55.43 | 34.61 | 50.21 | 65.76 | 30.41 |
Net income (loss) attributable to noncontrolling interest | 3.57 | 3.65 | 3.89 | 4.33 | 4.72 | 2.50 | 0.89 | 0.95 | 0.61 | 0.62 |
Less: Preferred stock dividends | 13.65 | 13.65 | 13.65 | 12.79 | 12.25 | 14.96 | 14.28 | 14.61 | 13.81 | 14.95 |
Redemption of preferred stock | -- | -- | -- | 2.36 | -- | 4.08 | 0.00 | 0.00 | 1.87 | 4.23 |
Excess of Carrying Value Over Cost to Repurchase Preferred Shares | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Net Income Applicable to Common and Class A Common Stockholders | 26.05 | 33.63 | 8.53 | 22.13 | 25.22 | 33.90 | 19.44 | 34.66 | 49.47 | 10.61 |
Per Class A Common Share: Income from continuing operations | -- | -- | -- | -- | -- | -- | -- | -- | 1.22 | 0.31 |
Income from continuing operations | -- | -- | -- | -- | -- | -- | -- | -- | 1.09 | 0.28 |
Income from discontinued operations | -- | -- | -- | -- | -- | -- | -- | -- | 0.37 | 0.04 |
Per Class A Common Share: Income from discontinued operations | -- | -- | -- | -- | -- | -- | -- | -- | 0.42 | 0.04 |
Net Earnings Per Share (Basic) | 0.67 | 0.87 | 0.22 | 0.58 | 0.67 | 0.90 | 0.55 | 1.01 | 1.60 | 0.35 |
Net Income Applicable to Class A Common Stockholders | 0.69 | 0.89 | 0.23 | 0.59 | 0.68 | 0.92 | 0.57 | 1.04 | 1.19 | 0.35 |
Net Income Applicable to Common Stockholders | 0.62 | 0.80 | 0.20 | 0.53 | 0.61 | 0.82 | 0.50 | 0.92 | -- | 0.32 |
Per Class A Common Share: Income from continuing operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.30 |
Income from continuing operations | -- | -- | -- | -- | -- | -- | -- | -- | 1.06 | 0.27 |
Income from discontinued operations | -- | -- | -- | -- | -- | -- | -- | -- | 0.36 | 0.04 |
Per Class A Common Share: Income from discontinued operations | -- | -- | -- | -- | -- | -- | -- | -- | 0.40 | 0.04 |
Net Earnings Per Share (Diluted) | 0.66 | 0.85 | 0.22 | 0.57 | 0.65 | 0.88 | 0.54 | 0.99 | 1.55 | 0.33 |
Net Income Applicable to Class A Common Stockholders | 0.68 | 0.88 | 0.22 | 0.58 | 0.67 | 0.90 | 0.56 | 1.02 | -- | 0.34 |
Net Income Applicable to Common Stockholders | 0.61 | 0.79 | 0.20 | 0.52 | 0.60 | 0.80 | 0.49 | 0.90 | -- | 0.31 |
Denominator for basic EPS - weighted average Class A common shares | 29.48 | 29.58 | 29.51 | 29.44 | 29.34 | 29.32 | 26.92 | 26.14 | 23.21 | 23.12 |
Denominator for basic EPS-weighted average common shares | 9.33 | 9.24 | 9.14 | 8.81 | 8.52 | 8.38 | 8.24 | 8.06 | 7.80 | 7.54 |
Denominator for diluted EPS - weighted average common equivalent shares | 9.78 | 9.61 | 9.39 | 9.35 | 9.11 | 9.03 | 8.91 | 8.73 | 8.54 | 8.38 |
Denominator for diluted EPS - weighted average Class A common equivalent shares | 29.68 | 29.75 | 29.58 | 29.65 | 29.51 | 29.50 | 27.11 | 26.33 | 23.43 | 23.36 |
Funds from operations (FFO) | 56.55 | 52.25 | 45.17 | 51.96 | 55.17 | 43.20 | 43.60 | 38.06 | 33.03 | 29.51 |