Corporate Property Associates 17
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 302,525 226,962 137,145 99,463
Cost of Revenue 52,244 31,342 19,206 6,991
Gross Profit 250,281 195,620 117,939 92,472
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 53,964 46,305 14,621 6,583
Non-Recurring Items 16,884 16,853 7,594 -
Other 93,947 69,104 42,965 14,528
Operating Income 85,486 63,358 52,759 71,361
Income From Continuing Operations
Add'l Income/Expense Items 72,506 68,229 62,105 44,367
Earnings Before Interest and Tax 150,075 139,415 120,391 73,830
Interest Expense 88,656 72,271 50,982 27,860
Earnings Before Tax 61,419 67,144 69,409 45,970
Income Tax (263) 914 1,047 214
Minority Interest 29,305 26,542 20,791 15,333
Equity Earnings Unconsolidated Subsidiary (7,917) 7,828 5,527 1,675
Net Income Cont. Operations 61,682 66,230 68,362 45,756
Non Recurring Events
Discontinued Operations 7,487 1,923 2,084 31
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 39,864 41,611 49,655 30,454
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders 39,864 41,611 49,655 30,454