ACRES COMMERCIAL REALTY CORP.: 10-Q filed 2016-11-14

Name: ACRES COMMERCIAL REALTY CORP.: 10-Q filed 2016-11-14
Creator: ACRES COMMERCIAL REALTY CORP.

What ACRES COMMERCIAL REALTY CORP. reported in its quarterly report filed 2016-11-14 (fiscal Q3 2016): 34 published measures, 100 facts as tagged in accession 0001332551-16-000071.

This filing

Form: 10-Q (quarterly report)
Filed: 2016-11-14
Fiscal period: fiscal Q3 2016
Accession: 0001332551-16-000071 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All ACRES COMMERCIAL REALTY CORP. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

Period	Value	Unit	Days
At 2016-09-30	2,157,478,000	USD
At 2015-12-31	2,760,432,000	USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

Period	Value	Unit	Days
At 2016-09-30	1,438,919,000	USD
At 2015-12-31	1,933,672,000	USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

Period	Value	Unit	Days
At 2016-09-30	719,752,000	USD
At 2015-12-31	818,864,000	USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

Period	Value	Unit
At 2016-09-30	114,552,000	USD
At 2015-12-31	78,756,000	USD
At 2015-09-30	104,735,000	USD
At 2014-12-31	79,905,000	USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

Period	Value	Unit	Days
2016-07-01 to 2016-09-30	-45,621,000	USD	92
2016-01-01 to 2016-09-30	-27,072,000	USD	274
2015-07-01 to 2015-09-30	14,722,000	USD	92
2015-01-01 to 2015-09-30	9,977,000	USD	273

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

Period	Value	Unit	Days
2016-01-01 to 2016-09-30	-71,305,000	USD	274
2015-01-01 to 2015-09-30	34,150,000	USD	273

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

Period	Value	Unit	Days
2016-07-01 to 2016-09-30	25,093,000	USD	92
2016-01-01 to 2016-09-30	77,496,000	USD	274
2015-07-01 to 2015-09-30	25,945,000	USD	92
2015-01-01 to 2015-09-30	81,287,000	USD	273

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

Period	Value	Unit	Days
2016-01-01 to 2016-09-30	-148,982,000	USD	274
2015-01-01 to 2015-09-30	13,834,000	USD	273

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

Period	Value	Unit	Days
2016-01-01 to 2016-09-30	256,083,000	USD	274
2015-01-01 to 2015-09-30	-23,154,000	USD	273

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

Period	Value	Unit	Days
2016-07-01 to 2016-09-30	30,528,368	shares	92
2016-01-01 to 2016-09-30	30,513,131	shares	274
2015-07-01 to 2015-09-30	32,515,226	shares	92
2015-01-01 to 2015-09-30	32,726,194	shares	273

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

Period	Value	Unit	Days
2016-07-01 to 2016-09-30	30,528,368	shares	92
2016-01-01 to 2016-09-30	30,513,131	shares	274
2015-07-01 to 2015-09-30	32,951,217	shares	92
2015-01-01 to 2015-09-30	32,726,194	shares	273

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

Period	Value	Unit	Days
2016-07-01 to 2016-09-30	-1.69	USD/shares	92
2016-01-01 to 2016-09-30	-1.42	USD/shares	274
2015-07-01 to 2015-09-30	0.21	USD/shares	92
2015-01-01 to 2015-09-30	-0.45	USD/shares	273

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

Period	Value	Unit	Days
2016-07-01 to 2016-09-30	-1.69	USD/shares	92
2016-01-01 to 2016-09-30	-1.42	USD/shares	274
2015-07-01 to 2015-09-30	0.21	USD/shares	92
2015-01-01 to 2015-09-30	-0.45	USD/shares	273

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

Period	Value	Unit	Days
2016-07-01 to 2016-09-30	12,283,000	USD	92
2016-01-01 to 2016-09-30	9,558,000	USD	274
2015-07-01 to 2015-09-30	-1,796,000	USD	92
2015-01-01 to 2015-09-30	2,969,000	USD	273

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

Period	Value	Unit	Days
2016-07-01 to 2016-09-30	1,766,000	USD	92
2016-01-01 to 2016-09-30	4,444,000	USD	274
2015-07-01 to 2015-09-30	-225,000	USD	92
2015-01-01 to 2015-09-30	1,561,000	USD	273

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

Period	Value	Unit	Days
2016-07-01 to 2016-09-30	14,120,000	USD	92
2016-01-01 to 2016-09-30	46,581,000	USD	274
2015-07-01 to 2015-09-30	16,330,000	USD	92
2015-01-01 to 2015-09-30	45,334,000	USD	273

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

Period	Value	Unit	Days
At 2016-09-30	25,886,000	USD
At 2015-12-31	26,228,000	USD

Common-stock repurchase payments

Cash paid to reacquire common stock during the period. This is not an authorization limit or a direct measure of the net change in share count.

Period	Value	Unit	Days
2016-01-01 to 2016-09-30	9,398,000	USD	274
2015-01-01 to 2015-09-30	15,433,000	USD	273

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

Period	Value	Unit	Days
2016-07-01 to 2016-09-30	50,646,000	USD	92
2016-01-01 to 2016-09-30	94,757,000	USD	274
2015-07-01 to 2015-09-30	14,879,000	USD	92
2015-01-01 to 2015-09-30	87,241,000	USD	273

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

Period	Value	Unit	Days
At 2016-09-30	31,071,737	shares
At 2015-12-31	31,562,724	shares

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

Period	Value	Unit	Days
At 2016-09-30	6,909,000	USD
At 2015-12-31	-2,923,000	USD

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

Period	Value	Unit	Days
At 2016-09-30	718,559,000	USD
At 2015-12-31	826,760,000	USD

Long-term debt

Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.

Period	Value	Unit	Days
At 2016-09-30	1,401,842,000	USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

Period	Value	Unit	Days
At 2016-09-30	4,615,000	USD
At 2015-12-31	3,180,000	USD

Net deferred tax assets

Deferred tax assets after the valuation allowance. Realization depends on future taxable income, so the balance is not a receivable from tax authorities.

Period	Value	Unit	Days
At 2016-09-30	5,565,000	USD
At 2015-12-31	12,646,000	USD

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

Period	Value	Unit	Days
2016-01-01 to 2016-09-30	-27,072,000	USD	274

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

Period	Value	Unit	Days
2016-07-01 to 2016-09-30	-45,364,000	USD	92
2016-01-01 to 2016-09-30	-35,561,000	USD	274
2015-07-01 to 2015-09-30	5,843,000	USD	92
2015-01-01 to 2015-09-30	-20,500,000	USD	273

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

Period	Value	Unit	Days
2016-07-01 to 2016-09-30	-51,573,000	USD	92
2016-01-01 to 2016-09-30	-43,436,000	USD	274
2015-07-01 to 2015-09-30	6,778,000	USD	92
2015-01-01 to 2015-09-30	-14,831,000	USD	273

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

Period	Value	Unit	Days
2016-07-01 to 2016-09-30	12,341,000	USD	92
2016-01-01 to 2016-09-30	33,353,000	USD	274
2015-07-01 to 2015-09-30	10,223,000	USD	92
2015-01-01 to 2015-09-30	29,641,000	USD	273

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

Period	Value	Unit	Days
2016-01-01 to 2016-09-30	4,471,000	USD	274
2015-01-01 to 2015-09-30	14,109,000	USD	273

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

Period	Value	Unit	Days
2016-07-01 to 2016-09-30	331,000	USD	92
2016-01-01 to 2016-09-30	1,100,000	USD	274
2015-07-01 to 2015-09-30	518,000	USD	92
2015-01-01 to 2015-09-30	1,500,000	USD	273

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

Period	Value	Unit	Days
2016-07-01 to 2016-09-30	1,500,000	USD	92
2016-01-01 to 2016-09-30	1,500,000	USD	274
2015-07-01 to 2015-09-30	0	USD	92
2015-01-01 to 2015-09-30	0	USD	273

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

Period	Value	Unit	Days
2016-07-01 to 2016-09-30	-7,785,000	USD	92
2016-01-01 to 2016-09-30	-253,000	USD	274
2015-07-01 to 2015-09-30	1,860,000	USD	92
2015-01-01 to 2015-09-30	18,900,000	USD	273

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

Period	Value	Unit	Days
2016-01-01 to 2016-09-30	16,335,000	USD	274
2015-01-01 to 2015-09-30	0	USD	273

Inspect the source

Entity: ACRES COMMERCIAL REALTY CORP. / CIK 0001332551
Captured: 2026-09-19T11:17:36.500Z
SEC response SHA-256: 6ca918ae64581db34d5b8b8d88d3bec140515f73ea687901ac3bee00c7eec375

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with urlopen("https://canlicapital.com/company-data/0001332551.json") as response:
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print(record["policy"])
for concept in record["concepts"]:
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