-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Kn8tUNmrk/8kxhbaUplBIjUxYzR6xaj16TOTrAiJGhUTOtYwB4OKB3fVp/GKeFXb RulI1rNkpi+qbnWQLE7xZA== 0001047469-99-024030.txt : 19990615 0001047469-99-024030.hdr.sgml : 19990615 ACCESSION NUMBER: 0001047469-99-024030 CONFORMED SUBMISSION TYPE: 10-Q/A PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19990331 FILED AS OF DATE: 19990614 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CONAM REALTY INVESTORS 81 L P CENTRAL INDEX KEY: 0000350023 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE [6500] IRS NUMBER: 133069026 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q/A SEC ACT: SEC FILE NUMBER: 000-10223 FILM NUMBER: 99645596 BUSINESS ADDRESS: STREET 1: 1764 SAN DIEGO AVE CITY: SAN DIEGO STATE: CA ZIP: 92110 BUSINESS PHONE: 2125263237 MAIL ADDRESS: STREET 1: 3 WORLD FINANCIAL CENTER STREET 2: 29TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10285 FORMER COMPANY: FORMER CONFORMED NAME: HUTTON CONAM REALTY INVESTORS 81 DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: HUTTON CONAM PROPERTIES 81 DATE OF NAME CHANGE: 19810616 10-Q/A 1 10-Q/A United States Securities and Exchange Commission Washington, D.C. 20549 FORM 10-Q/A (Mark One) X Quarterly Report Pursuant to Section 13 or 15(d) of the Securities - --- Exchange Act of 1934 For the Quarterly Period Ended March 31, 1999 or Transition Report Pursuant to Section 13 of 15(d) of the Securities - --- Exchange Act of 1934 For the transition period from ____ to ____ Commission File Number: 0-10223 CONAM REALTY INVESTORS 81 L.P. ------------------------------ Exact Name of Registrant as Specified in its Charter California 13-3069026 ---------- ---------- State or Other Jurisdiction of I.R.S. Employer Identification No. Incorporation or Organization 1764 San Diego Avenue San Diego, CA 92110-1906 - ------------- ---------- Address of Principal Executive Offices Zip Code (619) 297-6771 -------------- Registrant's Telephone Number, Including Area Code The undersigned registrant hereby amends the following section of its Report for March 31, 1999 on Form 10-Q as set forth in the pages attached hereto: Part 1 - Financial Information Item 1. Financial Statements Consolidated Statements of Operations Part 2 - Other Information Item 6. Exhibits and Reports on Form 8K a) Exhibits (27) Financial Data Schedule Part 1 - Financial Information Item 1. Financial Statements CONAM REALTY INVESTORS 81 L.P. AND CONSOLIDATED VENTURES - ------------------------------------------------------------------------------- CONSOLIDATED STATEMENTS OF OPERATIONS
For the three months ended March 31, 1999 1998 - ----------------------------------------------------------------------------- Income Rental $ 265,290 $848,852 Interest and other 63,746 11,625 --------- -------- Total Income 329,036 860,477 - ----------------------------------------------------------------------------- Expenses Property operating 174,764 346,966 Depreciation and amortization 32,070 192,457 Interest 61,890 208,684 General and administrative 32,137 41,043 --------- -------- Total Expenses 300,861 789,150 - ----------------------------------------------------------------------------- Income from operations 28,175 71,327 Gain on sale of properties 12,274,841 -- - ----------------------------------------------------------------------------- Income before extraordinary items 12,303,016 71,327 Extraordinary loss from debt extinguishment (129,068) -- - ----------------------------------------------------------------------------- Net income $12,173,948 $ 71,327 - ----------------------------------------------------------------------------- - ----------------------------------------------------------------------------- Net income allocated: To the General Partner $ 277,765 $ 17,398 To the Limited Partners 11,896,183 53,929 - ----------------------------------------------------------------------------- Net income $12,173,948 $ 71,327 - ----------------------------------------------------------------------------- - ----------------------------------------------------------------------------- Per limited partnership Unit (78,290 Units outstanding) Income from operations $ 0.33 $ 0.69 Extraordinary loss from debt extinguishment (1.65) -- Gain on sale of properties 153.27 -- - ----------------------------------------------------------------------------- Net income $ 151.95 $ 0.69 - ----------------------------------------------------------------------------- - -----------------------------------------------------------------------------
CONSOLIDATED STATEMENT OF PARTNERS' CAPITAL For the three months ended March 31, 1999
General Limited Partner Partners Total - ------------------------------------------------------------------------------------------------------------------ Balance (deficit) at December 31, 1998 $ (298,566) $ 2,178,493 $ 1,879,927 Net income 277,765 11,896,183 12,173,948 Distributions ($172.50 per Unit) (142,072) (13,505,025) (13,647,097) - ------------------------------------------------------------------------------------------------------------------ Balance (deficit) at March 31, 1999 $ (162,873) $ 569,651 $ 406,778 - ------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------
See accompanying notes to the consolidated financial statements. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CONAM PROPERTY SERVICES, LTD. General Partner of ConAm Realty Investors 81 L.P. BY: CONTINENTAL AMERICAN DEVELOPMENT, INC. GENERAL PARTNER Date: June 10, 1999 BY: /s/ DANIEL J. EPSTEIN --------------------- Daniel J. Epstein Director, President, and Principal Executive Officer Date: June 10, 1999 BY: /s/ ROBERT J. SVATOS -------------------- Robert J. Svatos Vice President and Director EX-27 2 EXHBIT 27 FDS
5 3-MOS DEC-31-1999 JAN-01-1999 MAR-31-1999 502,314 0 0 0 0 0 0 0 517,337 110,559 0 0 0 0 406,778 517,337 265,290 329,036 0 174,764 64,207 0 61,890 12,303,016 0 0 0 (129,068) 0 12,173,948 151.95 151.95
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