TIER Financials 07/16/2014 17:33:07 Tier Reit Inc
Post# of 9
Tier Reit Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 344,554 352,529 368,007 462,223
Cost of Revenue 169,514 175,052 183,500 235,079
Gross Profit 175,040 177,477 184,507 227,144
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 17,322 15,480 10,828 9,988
Non-Recurring Items - 84,536 27,370 16,586
Other 144,854 153,138 165,137 201,873
Operating Income 12,864 (75,677) (18,828) (1,303)
Income From Continuing Operations
Add'l Income/Expense Items 15,741 9,226 3,471 10,558
Earnings Before Interest and Tax 14,108 (74,735) (17,750) 164
Interest Expense 107,122 118,545 112,222 140,401
Earnings Before Tax (93,014) (193,280) (129,972) (140,237)
Income Tax 518 60 (615) 2,783
Minority Interest 431 (260) (425) (729)
Equity Earnings Unconsolidated Subsidiary 24,547 1,725 (2,302) 954
Net Income Cont. Operations (54,919) (183,071) (128,841) (263,392)
Non Recurring Events
Discontinued Operations 70,471 30,970 (52,609) (98,253)
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 15,552 (152,101) (181,450) (361,645)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders 15,552 (152,101) (181,450) (230,499)