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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenues:        
Rental and other revenues from real estate properties $ 26,673 $ 23,679 $ 76,404 $ 69,991
Other income 188 608 980 2,641
Total revenues 26,861 24,287 77,384 72,632
Expenses:        
Real estate operating expenses - including $696 and $531 to related parties for the three months ended and $1,948 and $1,336 for the nine months ended 13,283 11,986 37,638 35,177
Interest expense - including $0 and $86 to related party for the nine months ended 7,180 6,014 20,269 17,594
Advisor’s fees, related party 0 0 0 693
Property acquisition costs - including $0 and $892 to related parties for the three months ended and $0 and $1,331 for the nine months ended 0 1,408 0 2,418
General and administrative - including $84 and $47 to related parties for the three months ended and $266 and $134 for the nine months ended 2,309 2,373 7,296 6,402
Depreciation 7,561 5,871 21,630 16,487
Total expenses 30,333 27,652 86,833 78,771
Total revenue less total expenses (3,472) (3,365) (9,449) (6,139)
Equity in loss of unconsolidated joint ventures (307) 0 (307) 0
Gain on sale of real estate 0 10,263 35,838 35,098
Gain on sale of partnership interest 0 386 0 386
Loss on extinguishment of debt 0 0 (799) (2,668)
(Loss) income from continuing operations (3,779) 7,284 25,283 26,677
Provision for taxes 41 0 1,499 0
(Loss) income from continuing operations (3,820) 7,284 23,784 26,677
Discontinued operations:        
Loss from discontinued operations 0 0 0 (2,788)
Gain on sale of partnership interest 0 0 0 15,467
Income from discontinued operations 0 0 0 12,679
Net (loss) income (3,820) 7,284 23,784 39,356
Net loss (income) attributable to non-controlling interests 418 (1,804) (15,645) (10,974)
Net (loss) income attributable to common stockholders $ (3,402) $ 5,480 $ 8,139 $ 28,382
Basic and diluted per share amounts attributable to common stockholders:        
(Loss) income from continuing operations (in dollars per share) $ (0.24) $ 0.39 $ 0.58 $ 1.00
Income from discontinued operations (in dollars per share) 0.00 0.00 0.00 1.02
Basic and diluted (loss) earnings per share (in dollars per share) $ (0.24) $ 0.39 $ 0.58 $ 2.02
Amounts attributable to BRT Apartments Corp.:        
(Loss) income from continuing operations $ (3,402) $ 5,480 $ 8,139 $ 14,044
Income from discontinued operations 0 0 0 14,338
Net (loss) income attributable to common stockholders $ (3,402) $ 5,480 $ 8,139 $ 28,382
Weighted average number of common shares outstanding:        
Basic and diluted (in shares) 14,035,074 13,932,515 13,983,495 14,055,436