PCFO Financials 07/16/2014 17:34:19 Pacific Offic
Post# of 4
Pacific Office Properties Trust, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 45,282 46,674 56,925 73,067
Cost of Revenue 27,822 28,328 29,867 40,309
Gross Profit 17,460 18,346 27,058 32,758
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 10,581 4,040 11,129 9,620
Non-Recurring Items 644 4,961 11,738 48,158
Other 11,004 11,843 13,767 22,891
Operating Income (4,769) (2,498) (9,576) (78,084)
Income From Continuing Operations
Add'l Income/Expense Items - - 10,552 -
Earnings Before Interest and Tax (4,769) (2,498) (9,069) (78,084)
Interest Expense 20,155 20,086 21,717 30,173
Earnings Before Tax (24,924) (22,584) (30,786) (108,257)
Income Tax - - - -
Minority Interest (19,732) (11,730) (17,966) (60,953)
Equity Earnings Unconsolidated Subsidiary 789 310 3,171 198
Net Income Cont. Operations (24,135) (22,274) (17,570) (47,106)
Non Recurring Events
Discontinued Operations - 8,378 (4,279) -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (4,403) (2,166) (21,849) (47,106)
Preferred Stock and Other Adjustments (1,748) (1,748) (1,749) (313)
Net Income Applicable to Common Shareholders (6,151) (3,914) (5,632) (17,246)