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SEC Filings

8-K
WASHINGTON PRIME GROUP INC. filed this Form 8-K on 07/26/2018
Entire Document
 


CONSOLIDATED BALANCE SHEETS
 
 
 
Washington Prime Group Inc.
 
 
 
(Unaudited, dollars in thousands)
 
 
 
 
 
 
 
 
 
 
June 30,
 
December 31,
 
 
2018
 
2017
 
Assets:
 
 
 
 
Investment properties at cost
$
5,868,879

 
$
5,761,714

 
Construction in progress
44,594

 
46,046

 
 
5,913,473

 
5,807,760

 
Less: accumulated depreciation
2,226,646

 
2,139,620

 
 
3,686,827

 
3,668,140

 
 
 
 
 
 
Cash and cash equivalents
53,987

 
52,019

 
Tenant receivables and accrued revenue, net (see components on page 3)
79,363

 
90,314

 
Investment in and advances to unconsolidated entities, at equity
443,963

 
451,839

 
Deferred costs and other assets (see components on page 3)
207,928

 
189,095

 
Total assets
$
4,472,068

 
$
4,451,407

 
 
 
 
 
 
Liabilities:
 
 
 
 
Mortgage notes payable
$
1,060,687

 
$
1,157,082

 
Notes payable
981,026

 
979,372

 
Unsecured term loans
684,939

 
606,695

 
Revolving credit facility
275,440

 
154,460

 
Accounts payable, accrued expenses, intangibles, and deferred revenues (see components on page 3)
251,422

 
264,998

 
Distributions payable
2,992

 
2,992

 
Cash distributions and losses in unconsolidated entities, at equity
15,421

 
15,421

 
Total liabilities
3,271,927

 
3,181,020

 
 
 
 
 
 
Redeemable noncontrolling interests
3,265

 
3,265

 
 
 
 
 
 
Equity:
 
 
 
 
Stockholders' equity
 
 
 
 
Series H Cumulative Redeemable Preferred Stock
104,251

 
104,251

 
Series I Cumulative Redeemable Preferred Stock
98,325

 
98,325

 
Common stock
19

 
19

 
Capital in excess of par value
1,244,211

 
1,240,483

 
Accumulated deficit
(418,472
)
 
(350,594
)
 
Accumulated other comprehensive income
12,403

 
6,920

 
Total stockholders' equity
1,040,737

 
1,099,404

 
Noncontrolling interests
156,139

 
167,718

 
Total equity
1,196,876

 
1,267,122

 
Total liabilities, redeemable noncontrolling interests and equity
$
4,472,068

 
$
4,451,407


SUPPLEMENTAL INFORMATION | 2                                    

©2013- WASHINGTON PRIME GROUP