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Preferred Apartment Communities, Inc.: 10-K filed 2018-03-01

What Preferred Apartment Communities, Inc. reported in its annual report filed 2018-03-01 (fiscal Q4 2017): 31 published measures, 147 facts as tagged in accession 0001481832-18-000013.

This filing

Form
10-K (annual report)
Filed
2018-03-01
Fiscal period
fiscal Q4 2017
Accession
0001481832-18-000013 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; a measure with a published history links to it, and the history shows the latest-filed value per period. All Preferred Apartment Communities, Inc. filings.

Reported measures

Total assets

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

PeriodValueUnitDays
At 2017-12-313,252,369,625USD
At 2016-12-312,420,832,602USD

Total liabilities

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

PeriodValueUnitDays
At 2017-12-311,971,603,932USD
At 2016-12-311,535,571,440USD

Stockholders equity

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

PeriodValueUnitDays
At 2017-12-311,275,887,096USD
At 2016-12-31883,779,953USD

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.

PeriodValueUnitDays
At 2017-12-3121,042,862USD
At 2016-12-3112,321,787USD
At 2015-12-312,439,605USD
At 2014-12-313,113,270USD

Net income or loss

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

PeriodValueUnitDays
2017-10-01 to 2017-12-31-4,741,860USD92
2017-01-01 to 2017-12-3127,680,996USD365
2017-07-01 to 2017-09-3042,779USD92
2017-04-01 to 2017-06-303,304,202USD91
2017-01-01 to 2017-03-3130,061,480USD90
2016-10-01 to 2016-12-31-3,982,783USD92
2016-01-01 to 2016-12-31-9,533,123USD366
2016-07-01 to 2016-09-30-2,688,620USD92
2016-04-01 to 2016-06-30217,479USD91
2016-01-01 to 2016-03-31-3,389,490USD91
2015-01-01 to 2015-12-31-2,400,668USD365

Operating cash flow

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

PeriodValueUnitDays
2017-01-01 to 2017-12-3186,289,071USD365
2016-01-01 to 2016-12-3161,661,469USD366
2015-01-01 to 2015-12-3135,221,423USD365

Revenue

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

PeriodValueUnitDays
2017-10-01 to 2017-12-3181,652,168USD92
2017-01-01 to 2017-12-31294,004,615USD365
2017-07-01 to 2017-09-3074,900,199USD92
2017-04-01 to 2017-06-3070,890,913USD91
2017-01-01 to 2017-03-3166,561,335USD90
2016-10-01 to 2016-12-3158,991,853USD92
2016-01-01 to 2016-12-31200,118,915USD366
2016-07-01 to 2016-09-3053,537,337USD92
2016-04-01 to 2016-06-3045,853,944USD91
2016-01-01 to 2016-03-3141,735,781USD91
2015-01-01 to 2015-12-31109,305,512USD365

Financing cash flow

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

PeriodValueUnitDays
2017-01-01 to 2017-12-31646,184,908USD365
2016-01-01 to 2016-12-311,074,804,307USD366
2015-01-01 to 2015-12-31497,615,123USD365

Investing cash flow

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

PeriodValueUnitDays
2017-01-01 to 2017-12-31-723,752,904USD365
2016-01-01 to 2016-12-31-1,126,583,594USD366
2015-01-01 to 2015-12-31-533,510,211USD365

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2017-12-314,449,353USD
At 2016-12-31-23,231,643USD

Basic weighted-average shares

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

PeriodValueUnitDays
2017-10-01 to 2017-12-3137,205,390shares92
2017-07-01 to 2017-09-3033,539,920shares92
2017-04-01 to 2017-06-3029,893,736shares91
2017-01-01 to 2017-03-3126,936,266shares90
2016-10-01 to 2016-12-3125,210,069shares92
2016-07-01 to 2016-09-3024,340,791shares92
2016-04-01 to 2016-06-3023,325,663shares91
2016-01-01 to 2016-03-3122,983,741shares91

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.

PeriodValueUnitDays
2017-10-01 to 2017-12-3137,205,390shares92
2017-01-01 to 2017-12-3131,926,472shares365
2017-07-01 to 2017-09-3033,539,920shares92
2017-04-01 to 2017-06-3029,893,736shares91
2017-01-01 to 2017-03-3126,936,266shares90
2016-10-01 to 2016-12-3125,210,069shares92
2016-01-01 to 2016-12-3123,969,494shares366
2016-07-01 to 2016-09-3024,340,791shares92
2016-04-01 to 2016-06-3023,325,663shares91
2016-01-01 to 2016-03-3122,983,741shares91
2015-01-01 to 2015-12-3122,182,971shares365

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.

PeriodValueUnitDays
2017-10-01 to 2017-12-31-0.6USD/shares92
2017-01-01 to 2017-12-31-1.13USD/shares365
2017-07-01 to 2017-09-30-0.49USD/shares92
2017-04-01 to 2017-06-30-0.4USD/shares91
2017-01-01 to 2017-03-310.54USD/shares90
2016-10-01 to 2016-12-31-0.66USD/shares92
2016-01-01 to 2016-12-31-2.11USD/shares366
2016-07-01 to 2016-09-30-0.56USD/shares92
2016-04-01 to 2016-06-30-0.4USD/shares91
2016-01-01 to 2016-03-31-0.49USD/shares91
2015-01-01 to 2015-12-31-0.95USD/shares365

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.

PeriodValueUnitDays
2017-10-01 to 2017-12-31-0.6USD/shares92
2017-07-01 to 2017-09-30-0.49USD/shares92
2017-04-01 to 2017-06-30-0.4USD/shares91
2017-01-01 to 2017-03-310.54USD/shares90
2016-10-01 to 2016-12-31-0.66USD/shares92
2016-07-01 to 2016-09-30-0.56USD/shares92
2016-04-01 to 2016-06-30-0.4USD/shares91
2016-01-01 to 2016-03-31-0.49USD/shares91

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.

PeriodValueUnitDays
2017-01-01 to 2017-12-313,470,284USD365
2016-01-01 to 2016-12-312,524,042USD366
2015-01-01 to 2015-12-312,362,453USD365

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2017-10-01 to 2017-12-3114,641,166USD92
2017-01-01 to 2017-12-3159,388,057USD365
2017-07-01 to 2017-09-3016,721,197USD92
2017-04-01 to 2017-06-3013,675,576USD91
2017-01-01 to 2017-03-3114,346,123USD90
2016-10-01 to 2016-12-319,612,856USD92
2016-01-01 to 2016-12-3130,169,224USD366
2016-07-01 to 2016-09-309,545,554USD92
2016-04-01 to 2016-06-305,505,474USD91
2016-01-01 to 2016-03-315,505,340USD91
2015-01-01 to 2015-12-3118,889,742USD365

Interest expense

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

PeriodValueUnitDays
2017-01-01 to 2017-12-3167,468,042USD365
2016-01-01 to 2016-12-3144,284,144USD366
2015-01-01 to 2015-12-3121,315,731USD365

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.

PeriodValueUnitDays
2017-01-01 to 2017-12-31234,616,558USD365
2016-01-01 to 2016-12-31169,949,691USD366
2015-01-01 to 2015-12-3190,415,770USD365

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.

PeriodValueUnitDays
At 2017-12-3138,564,722shares
At 2016-12-3126,093,707shares
At 2016-09-3024,652,041shares
At 2016-06-3023,568,328shares
At 2016-03-1523,041,502shares

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

PeriodValueUnitDays
At 2017-12-311,271,039,723USD
At 2016-12-31906,737,470USD

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.

PeriodValueUnitDays
At 2017-12-311,280,765,693USD
At 2016-12-31885,261,162USD
At 2015-12-31525,453,790USD
At 2014-12-31291,581,874USD

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.

PeriodValueUnitDays
At 2017-12-311,776,652,171USD
At 2016-12-311,305,870,471USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

PeriodValueUnitDays
At 2017-12-31102,743,389USD
At 2016-12-3179,156,400USD

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.

PeriodValueUnitDays
At 2010-12-31298,100USD

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.

PeriodValueUnitDays
2017-01-01 to 2017-12-3128,666,601USD365
2016-01-01 to 2016-12-31-9,843,414USD366
2015-01-01 to 2015-12-31-2,425,989USD365

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.

PeriodValueUnitDays
2017-10-01 to 2017-12-31-22,242,592USD92
2017-01-01 to 2017-12-31-35,985,063USD365
2017-07-01 to 2017-09-30-16,383,638USD92
2017-04-01 to 2017-06-30-12,033,495USD91
2017-01-01 to 2017-03-3114,674,662USD90
2016-10-01 to 2016-12-31-16,589,868USD92
2016-01-01 to 2016-12-31-50,629,611USD366
2016-07-01 to 2016-09-30-13,624,001USD92
2016-04-01 to 2016-06-30-9,239,588USD91
2016-01-01 to 2016-03-31-11,184,115USD91
2015-01-01 to 2015-12-31-21,171,858USD365

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.

PeriodValueUnitDays
2017-01-01 to 2017-12-316,489,736USD365
2016-01-01 to 2016-12-314,557,990USD366
2015-01-01 to 2015-12-312,285,789USD365

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

PeriodValueUnitDays
2017-01-01 to 2017-12-3186,017,560USD365
2016-01-01 to 2016-12-3156,415,608USD366
2015-01-01 to 2015-12-3127,672,387USD365

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

PeriodValueUnitDays
2017-01-01 to 2017-12-3174,213,118USD365
2017-05-01 to 2017-05-3148,200,000USD31
2016-01-01 to 2016-12-3122,956,604USD366
2015-01-01 to 2015-12-315,381,848USD365

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

PeriodValueUnitDays
2017-01-01 to 2017-12-3112,105,325USD365
2016-01-01 to 2016-12-314,331,216USD366
2015-01-01 to 2015-12-312,341,649USD365

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

PeriodValueUnitDays
2017-01-01 to 2017-12-312,853,145USD365
2016-01-01 to 2016-12-312,935,383USD366
2015-01-01 to 2015-12-311,150,069USD365

Inspect the source

Entity
Preferred Apartment Communities, Inc. / CIK 0001481832
Captured
SEC response SHA-256
5ab8a9750097f21193ebe10823067b5e14236f91a7f576b0c82dccda29de1636

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001481832.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))