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For the three months ended 31 March 2017, ACRE Realty Investors Inc revenues was not reported. Net loss decreased 8% to $796K. Lower net loss reflects Labor & Related Expenses in SGA decrease of 29% to $118K (expense), General and administrative expenses decrease of 2% to $612K (expense), Management fees, affiliate decrease of 13% to $89K (expense). Basic Earnings per Share excluding Extraordinary Items remained flat at -$0.04.
Period Ending: | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 |
---|---|---|---|---|
Total Revenue | 0 | 0 | 0 | 0 |
Gross Profit | -0 | -0 | -0 | -0 |
Operating Income | -0.83 | -0.75 | -0.58 | -1.18 |
Net Income | -0.8 | -0.72 | -0.56 | -1.14 |
Period Ending: | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 |
---|---|---|---|---|
Total Assets | 20.21 | 21.05 | 21.91 | 22.77 |
Total Liabilities | 1.38 | 1.43 | 1.6 | 1.91 |
Total Equity | 18.83 | 19.61 | 20.31 | 20.86 |
Period Ending: | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 |
---|---|---|---|---|
Period Length: | 3 Months | 12 Months | 9 Months | 6 Months |
Cash From Operating Activities | -0.98 | -3.24 | -2.43 | -1.6 |
Cash From Investing Activities | 0 | 0 | 0 | 0 |
Cash From Financing Activities | 0 | 0 | 0 | 0 |
Net Change in Cash | -0.98 | -3.24 | -2.43 | -1.6 |
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