Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2021
Where the money goes
Where each dollar of revenue went, fiscal 2021
- Other costs58¢$139.6M
- Interest20¢$47.4M
- Income tax0¢$206.0K
- Profit23¢$54.9M
Out of $242.1M in revenue.3
Where each dollar of operating cash went, fiscal 2021
- Dividends paid48¢$34.6M
- Kept or used elsewhere52¢$37.9M
Out of $72.5M of cash from operations.3
Financial statements
No quarterly figures reported.
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|
| Revenue | $14.7M4 | $52.9M5 | $77.2M6 | $87.3M6 | $135.2M3 | $138.5M3 | $242.1M3 |
| Operating expenses | $233.6M3 | ||||||
| Operating income | -$19.8M4 | -$33.6M5 | -$18.2M6 | -$10.9M7 | $35.2M3 | $895.0K3 | $102.2M3 |
| Interest | $2.5M4 | $10.9M5 | $19.8M6 | $24.8M7 | $37.9M3 | $25.7M3 | $47.4M3 |
| Income before tax | $55.1M3 | ||||||
| Income tax | $206.0K3 | ||||||
| Net income | -$22.2M4 | -$44.2M5 | -$37.7M6 | -$35.4M7 | -$11.9M7 | -$33.2M7 | $54.9M3 |
| Earnings per share | -$0.023 | -$0.293 | $0.343 | ||||
| Earnings per share (diluted) | -$0.023 | -$0.293 | $0.343 | ||||
| Shares (weighted, basic) | 153.8K shares3 | ||||||
| Shares (weighted, diluted) | 153.9K shares3 |
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|
| Cash | $111.5M6 | $76.9M7 | $78.6M3 | $61.8M3 | $84.8M3 | $123.3M3 | |
| Goodwill | $154.5M3 | ||||||
| Total assets | $589.0M4 | $871.3M5 | $916.5M6 | $860.7M9 | $784.3M7 | $1.2B3 | $2.3B3 |
| Long-term debt | $152.9M4 | $455.4M5 | $560.2M6 | $573.6M9 | $547.9M7 | $580.1M7 | $1.4B3 |
| Total liabilities | $168.7M4 | $480.4M5 | $585.8M6 | $597.3M9 | $567.9M7 | $873.5M3 | $1.4B3 |
| Retained earnings | -$462.7M3 | ||||||
| Shareholders’ equity | $420.3M5 | $390.9M6 | $330.7M7 | $263.5M7 | $216.3M7 | $148.8M3 | $867.6M3 |
| Shares outstanding | 52.7M shares4 | 59.2M shares5 | 60.8M shares6 | 61.4M shares9 | 60.1M shares7 | 86.1M shares3 | 165.8M shares3 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|
| Cash from operations | -$7.7M4 | -$6.0M5 | $3.9M6 | $6.0M7 | $14.1M3 | $27.5M3 | $72.5M3 |
| Depreciation and amortization | $96.9M3 | ||||||
| Stock-based compensation | $4.6M3 | ||||||
| Cash from investing | $132.7M3 | ||||||
| Dividends paid | $34.6M3 | ||||||
| Share buybacks | $6.7M6 | $15.9M7 | $359.0K3 | $4.0M7 | |||
| Cash from financing | -$166.8M3 | ||||||
| Dividend per share | $0.283 |
What it owns
What Resource REIT, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Land | $293.5M3 Dec 31, 2021 | $196.4M3 Dec 31, 2020 | +49.5% |
| Operating-lease assets (leased space) | $2.6M3 Dec 31, 2021 | $12.0K7 Dec 31, 2020 | +21566.7% |
Real estate and locations
| Item | Latest | A year before | Change |
|---|---|---|---|
| Real estate investments, net | $1.9B3 Dec 31, 2021 | $898.0M3 Dec 31, 2020 | +108.9% |
| Real estate investments, at cost | $2.2B3 Dec 31, 2021 | $1.2B3 Dec 31, 2020 | +83.5% |
| Real estate accumulated depreciation | $278.2M3 Dec 31, 2021 | $276.0M3 Dec 31, 2020 | +0.8% |
| Real estate properties | 453 Dec 31, 2021 | ||
| Units in real estate properties | 13,7073 Dec 31, 2021 |
Intangibles and goodwill
Leadership
Who has led Resource REIT, Inc., and when. Pick a name to see everywhere that person has worked.
Chair
President
Chief financial officer
- ChairJonathan Cohen Apr 15, 2015 to Apr 15, 201510
- PresidentKevin M. Finkel Apr 15, 2015 to Jul 1, 201511
- Chief financial officerSteven R. Saltzman Apr 15, 2015 to Apr 15, 201512
Board members and other officers (14)
- OfficerMichele R. Weisbaum Feb 1, 2021 to May 19, 202213
- OfficerSteven R. Saltzman Feb 1, 2021 to May 19, 202214
- OfficerThomas C. Elliott Feb 1, 2021 to May 19, 202215
- OfficerMarshall Hayes Feb 8, 2021 to May 19, 202216
- Board memberAlan Riffkin May 19, 2022 to May 19, 202217
- Board memberPaula Baiman Brown May 19, 2022 to May 19, 202218
- Board memberRobert C. Lieber Feb 8, 2021 to Feb 8, 202119
- Board memberAndrew Ceitlin Feb 10, 2021 to May 19, 202220
- Board memberLee F. Shlifer Feb 19, 2021 to May 19, 202221
- Board memberGeorge E. Carleton Sep 16, 2016 to Sep 16, 201622
- Board memberDavid Spoont Apr 15, 2015 to Jun 2, 201523
- Board memberGary Lichtenstein Apr 15, 2015 to May 19, 202224
- Board memberThomas J. Ikeler Apr 15, 2015 to May 19, 202225
- General counselMichele R. Weisbaum Apr 15, 2015 to Apr 15, 201526
Former names
- Resource Real Estate Opportunity REIT II, Inc.Oct 17, 2012 to Dec 21, 20202
Timeline
- May 19, 20228-K Completed an acquisition or sale; Change to shareholders' rights; Change in control27
- May 17, 20228-K Shareholder vote28
- May 6, 20228-K Ended a material agreement; Other events29
- Mar 28, 20228-K Other events30
- Jan 24, 20228-K Entered a material agreement; Executive or director change; Regulation FD disclosure31
- Nov 19, 20218-K Results of operations32
- Oct 25, 20218-K Other events33
Calendar
When it reported results
- Nov 19, 2021Reported quarterly or annual results32
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
48 filings to the SEC since October 2021: 1 annual reports, 2 quarterly reports, 7 major events, 25 insider forms, 13 other. The latest 20:
- May 19, 20224 FORM 4 SUBMISSION EDGAR
- May 19, 20224 FORM 4 SUBMISSION EDGAR
- May 19, 20224 FORM 4 SUBMISSION EDGAR
- May 19, 20224 FORM 4 SUBMISSION EDGAR
- May 19, 20224 FORM 4 SUBMISSION EDGAR
- May 19, 20224 FORM 4 SUBMISSION EDGAR
- May 19, 20224 FORM 4 SUBMISSION EDGAR
- May 19, 20224 FORM 4 SUBMISSION EDGAR
- May 19, 20224 FORM 4 SUBMISSION EDGAR
- May 19, 20224 FORM 4 SUBMISSION EDGAR
- May 19, 20224 FORM 4 SUBMISSION EDGAR
- May 19, 202215-12G EDGAR
- May 19, 2022S-8 POS EDGAR
- May 19, 2022S-3DPOS EDGAR
- May 19, 20228-K EDGAR
- May 17, 20228-K EDGAR
- May 12, 202210-Q EDGAR
- May 6, 20228-K EDGAR
- Mar 28, 20228-K EDGAR
- Mar 28, 2022DEFA14A EDGAR
The 48 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
SEC filer profile
How Resource REIT, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARResource REIT, Inc.1
- CIK0001559484
- Filer statusNon-accelerated filer1
- Incorporated inMaryland1
- Fiscal year endsDecember 311
- Industry code (SIC)6798 Real Estate Investment Trusts1
- Business addressC/O Resource America, Inc., 1845 Walnut Street, 18Th Floor, Philadelphia, PA 191031
- Phone21583241871
- Shares outstanding166,259,239 as of May 6, 20228
- Public float$1.4B as of Jun 30, 20213
- On EDGAR sinceOct 17, 20121
- Filings274 in all: 8-K (67), 4 (43), 424B3 (26), 10-Q (25), 3 (16), 8-K/A (11), EFFECT (9), 10-K (8)1
All 31 form types
425 (8), DEFA14A (8), POS AM (8), CORRESP (7), DEF 14A (7), UPLOAD (7), S-11/A (4), POS EX (2), S-3DPOS (2), S-4 (2), S-4/A (2), 15-12G (1), 4/A (1), 8-A12G (1), ARS (1), DEFM14A (1), PRE 14A (1), PREM14A (1), S-11 (1), S-3D (1), S-8 (1), S-8 POS (1), SP 15D2 (1)
- Latest filingsAnnual report (10-K) Mar 25, 2022
Quarterly report (10-Q) May 12, 2022
Proxy statement (DEF 14A) Apr 26, 2021
Latest 8-K (8-K) May 19, 2022
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10SEC EDGARJonathan Cohen, Chair
- 11SEC EDGARKevin M. Finkel, President
- 12
- 13SEC EDGARMichele R. Weisbaum, Officer
- 14SEC EDGARSteven R. Saltzman, Officer
- 15SEC EDGARThomas C. Elliott, Officer
- 16SEC EDGARMarshall Hayes, Officer
- 17SEC EDGARAlan Riffkin, Board member
- 18SEC EDGARPaula Baiman Brown, Board member
- 19SEC EDGARRobert C. Lieber, Board member
- 20SEC EDGARAndrew Ceitlin, Board member
- 21SEC EDGARLee F. Shlifer, Board member
- 22SEC EDGARGeorge E. Carleton, Board member
- 23SEC EDGARDavid Spoont, Board member
- 24SEC EDGARGary Lichtenstein, Board member
- 25SEC EDGARThomas J. Ikeler, Board member
- 26SEC EDGARMichele R. Weisbaum, General counsel
- 27
- 28SEC EDGARShareholder vote
- 29
- 30SEC EDGAROther events
- 31
- 32SEC EDGARResults of operations
- 33SEC EDGAROther events