INCOME OPPORTUNITY REALTY INVESTORS, INC. 

CONSOLIDATED STATEMENTS OF OPERATIONS 

(Unaudited)

 

    For the Years Ended March 31,  
    2018     2017  
    (dollars in thousands, except per share amounts)  
Revenues:            
Rental and other property revenues   $     $  
                 
Expenses:                
Property operating expenses (including $0 and $0 for the three months ended 2018 and 2017, respectively, from related parties)            
General and administrative (including $42 and $54 for the three months ended 2018 and 2017, respectively, from related parties)     123       130  
Net income fee to related party     53       60  
Advisory fee to related party     164       162  
Total operating expenses     340       352  
Net operating loss     (340 )     (352 )
                 
Other income (expenses):                
Interest income from related parties     1,042       1,089  
Total other income     1,042       1,089  
                 
Income before taxes     702       737  
Net income   $ 702     $ 737  
                 
Earnings per share - basic and diluted                
Net income   $ 0.17     $ 0.18  
                 
Weighted average common shares used in computing earnings per share     4,168,214       4,168,214  

 

 

 

 

INCOME OPPORTUNITY REALTY INVESTORS, INC. 

CONSOLIDATED BALANCE SHEETS

 

    March 31,     December 31,  
    2018     2017  
   

(Unaudited)

 (dollars in thousands, except par value amount)

 
Assets                
Real estate land holdings subject to sales contract, at cost   $ 22,717     $ 22,717  
Total real estate     22,717       22,717  
                 
Notes and interest receivable from related parties     13,568       14,030  
Total notes and interest receivable     13,568       14,030  
Cash and cash equivalents     2       2  
Receivable and accrued interest from related parties     50,790       49,631  
Other assets     1,517       1,517  
Total assets   $ 88,594     $ 87,897  
                 
Liabilities and Shareholders’ Equity                
Liabilities:                
Accounts payable and other liabilities   $ 5     $ 10  
Total liabilities     5       10  
Shareholders’ equity:                
Common stock, $0.01 par value, authorized 10,000,000 shares; issued 4,173,675 and outstanding 4,168,214 shares in 2018 and 2017     42       42  
Treasury stock at cost, 5,461 shares in 2018 and 2017     (39 )     (39 )
Paid-in capital     61,955       61,955  
Retained earnings     26,631       25,929  
Total shareholders’ equity     88,589       87,887  
Total liabilities and shareholders’ equity   $ 88,594     $ 87,897  

 


The following information was filed by Income Opportunity Realty Investors Inc (IOR) on Friday, May 18, 2018 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

View differences made from one quarter to another to evaluate Income Opportunity Realty Investors Inc's financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ)
Sample 10-K Year-over-Year (YoY) Comparison

Compare this 10-Q Quarterly Report to its predecessor by reading our highlights to see what text and tables were  removed  ,   added    and   changed   by Income Opportunity Realty Investors Inc.

Continue

Never Miss A New SEC Filing Again


Real-Time SEC Filing Notifications
Screenshot taken from Gmail for a new 10-K Annual Report
Last10K.com Member Feature

Receive an e-mail as soon as a company files an Annual Report, Quarterly Report or has new 8-K corporate news.

Continue

We Highlighted This SEC Filing For You


SEC Filing Sentiment Analysis - Bullish, Bearish, Neutral
Screenshot taken from Wynn's 2018 10-K Annual Report
Last10K.com Member Feature

Read positive and negative remarks made by management in their entirety without having to find them in a 10-K/Q.

Continue

Widen Your SEC Filing Reading Experience


Increased Reading Area for SEC Filings
Screenshot taken from Adobe Inc.'s 10-Q Quarterly Report
Last10K.com Member Feature

Remove data columns and navigations in order to see much more filing content and tables in one view

Continue

Uncover Actionable Information Inside SEC Filings


SEC Filing Disclosures
Screenshot taken from Lumber Liquidators 10-K Annual Report
Last10K.com Member Feature

Read both hidden opportunities and early signs of potential problems without having to find them in a 10-K/Q

Continue

Adobe PDF, Microsoft Word and Excel Downloads


Download Annual and Quarterly Reports as PDF, Word and Excel Documents
Screenshots of actual 10-K and 10-Q SEC Filings in PDF, Word and Excel formats
Last10K.com Member Feature

Export Annual and Quarterly Reports to Adobe PDF, Microsoft Word and Excel for offline viewing, annotations and analysis

Continue

FREE Financial Statements


Download Annual and Quarterly Reports as PDF, Word and Excel Documents
Screenshot of actual balance sheet from company 10-K Annual Report
Last10K.com Member Feature

Get one-click access to balance sheets, income, operations and cash flow statements without having to find them in Annual and Quarterly Reports

Continue for FREE

Intrinsic Value Calculator


Intrinsic Value Calculator
Screenshot of intrinsic value for AT&T (2019)
Last10K.com Member Feature

Our Intrinsic Value calculator estimates what an entire company is worth using up to 10 years of financial ratios to determine if a stock is overvalued or not

Continue

Financial Stability Report


Financial Stability Report
Screenshot of financial stability report for Coco-Cola (2019)
Last10K.com Member Feature

Our Financial Stability reports uses up to 10 years of financial ratios to determine the health of a company's EPS, Dividends, Book Value, Return on Equity, Current Ratio and Debt-to-Equity

Continue

Log in with your credentials

or    

Forgot your details?

Create Account