Re:
|
American
Spectrum Realty, Inc.
Form
10-K for Year Ended December 31, 2009
File
No. 001-16785
|
As
Filed
|
As
Revised
|
Change
|
%
Chg.
|
|||||||||||||
Three Months Ended
March 31, 2010
|
||||||||||||||||
Depreciation
and amortization expense
|
$ | 3,570,000 | $ | 3,645,000 | $ | 75,000 | 2.1 | % | ||||||||
Deferred
income tax benefit
|
$ | 1,134,000 | $ | 1,164,000 | $ | 30,000 | 2.6 | % | ||||||||
Loss
from continuing operations
|
$ | (1,872,000 | ) | $ | (1,905,000 | ) | $ | (33,000 | ) | 1.8 | % | |||||
Net
income attributable to noncontrolling interests
|
$ | 466,000 | $ | 478,000 | $ | 12,000 | 2.6 | % | ||||||||
Net
income attributable to American Spectrum Realty, Inc.
|
$ | 509,000 | $ | 476,000 | $ | (33,000 | ) | 6.5 | % | |||||||
Loss
from continuing operations per share
|
$ | (0.53 | ) | $ | (0.54 | ) | $ | (0.01 | ) | 1.9 | % | |||||
Net
income per share
|
$ | 0.18 | $ | 0.17 | $ | (0.01 | ) | 5.6 | % |
As
Filed
|
As
Revised
|
Change
|
%
Chg.
|
|||||||||||||
Three Months Ended
June 30, 2010
|
||||||||||||||||
Depreciation
and amortization expense
|
$ | 3,579,000 | $ | 3,692,000 | $ | 113,000 | 3.2 | % | ||||||||
Deferred
income tax benefit
|
$ | 1,762,000 | $ | 1,803,000 | $ | 41,000 | 2.3 | % | ||||||||
Loss
from continuing operations
|
$ | (2,933,000 | ) | $ | (2,981,000 | ) | $ | (48,000 | ) | 1.6 | % | |||||
Net
loss attributable to noncontrolling interests
|
$ | 878,000 | $ | 902,000 | $ | 24,000 | 2.7 | % | ||||||||
Net
loss attributable to American Spectrum Realty, Inc.
|
$ | (2,055,000 | ) | $ | (2,103,000 | ) | $ | (48,000 | ) | 2.3 | % | |||||
Loss
from continuing operations per share
|
$ | (0.70 | ) | $ | (0.72 | ) | $ | (0.02 | ) | 2.9 | % | |||||
Net
loss per share
|
$ | (0.70 | ) | $ | (0.72 | ) | $ | (0.02 | ) | 2.9 | % | |||||
Three Months Ended
September 30, 2010
|
||||||||||||||||
Depreciation
and amortization expense
|
$ | 3,608,000 | $ | 3,721,000 | $ | 113,000 | 3.1 | % | ||||||||
Deferred
income tax benefit
|
$ | 1,697,000 | $ | 1,738,000 | $ | 41,000 | 2.4 | % | ||||||||
Loss
from continuing operations
|
$ | (3,245,000 | ) | $ | (3,291,000 | ) | $ | (46,000 | ) | 1.4 | % | |||||
Net
loss attributable to noncontrolling interests
|
$ | 1,092,000 | $ | 1,117,000 | $ | 25,000 | 2.3 | % | ||||||||
Net
loss attributable to American Spectrum Realty, Inc.
|
$ | (2,153,000 | ) | $ | (2,199,000 | ) | $ | (46,000 | ) | 2.1 | % | |||||
Loss
from continuing operations per share
|
$ | (0.73 | ) | $ | (0.75 | ) | $ | (0.02 | ) | 2.7 | % | |||||
Net
loss per share
|
$ | (0.73 | ) | $ | (0.75 | ) | $ | (0.02 | ) | 2.7 | % |
Sincerely
yours,
/s/
Anthony Eppolito
Anthony
Eppolito
CFO
|
cc:
|
William
J. Carden
Yolanda
Crittendon
Chip
Werlein
Ben
Bongiorno
Howard
F. Hart
|