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HCP SpinCo, Inc. (QCP)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsMar-31-18Dec-31-17Sep-30-17Jun-30-17Mar-31-17Dec-31-16Sep-30-16Jun-30-16
   10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Revenues:          
Tenant recoveries  11.811.511.611.711.71.51.51.5
    Total revenues  280.2328.7361.7429.4473.7471.2509.4531.7
            Total revenues growth  -40.8%-30.2%-29.0%-19.2%    
Costs and expenses:          
Depreciation and amortization  127.2131.6136.0140.4140.6165.6188.4214.5
Operating  13.012.613.013.413.53.73.93.9
General and administrative  27.927.226.226.323.422.120.717.6
Restructuring costs  25.618.513.47.93.2   
Interest  -142.3-140.5-104.8-69.7-34.2   
Impairments  448.6445.7537.9549.1 167.1201.4 
    Total costs and expenses  784.7776.2856.2831.8407.1383.4414.4416.2
   
Other income:          
Gain on sales of real estate     4.10.94.1 39.1
Other income, net  5.72.80.40.40.30.30.30.1
    Total other income, net  5.76.17.87.87.710.945.245.7
    (Loss) income before income taxes  -20.3   37.1   
Income tax expense  2.22.134.229.829.817.5-17.8-12.4
            Tax rate   -5.6%-92.2%-80.4%-80.4%   
    Net (loss) income and comprehensive (loss) income  -500.7-443.5-487.4-399.869.281.1185.9132.4
Noncontrolling interests' share in earnings  -0.1-0.1-0.10.00.0   
    Net (loss) income and comprehensive (loss) income attributable to the Company  -500.8-443.5-487.5-399.969.281.197.2118.7
Less: preferred share dividends  -0.1-0.2-0.2-0.2-0.1   
    Net (loss) income and comprehensive (loss) income attributable to common shareholders  -501.0-443.8-487.7-400.169.181.1185.9132.4
   
(Loss) earnings per common share, basic and diluted  ($5.35)($4.74)($5.21)($4.28)$0.73$0.86$1.98$1.41

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