Year Ending Dec 2020 (Update) Year Ending Dec 2019 (Update) Year Ending Dec 2018 (Update) Year Ending Dec 2017 (Update)
Net Sales 330.14 267.21 212.49 161.36
Revenue 330.14 267.21 212.49 161.36
Total Revenue 330.14 267.21 212.49 161.36
Cost of Revenue 79.72 63.27 51.67 42.14
Cost of Revenue, Total 79.72 63.27 51.67 42.14
Gross Profit 250.42 203.94 160.82 119.22
Selling/General/Administrative Expense 36.80 30.30 25.19 21.61
Selling/General/Administrative Expenses, Total 36.80 30.30 25.19 21.61
Depreciation 115.27 98.89 80.04 64.85
Depreciation/Amortization 115.27 98.89 80.04 64.85
Other Unusual Expense (Income) 0.23 0.17 0.32 0.43
Unusual Expense (Income) 0.23 0.17 0.32 0.43
Other Operating Expense -- -- -- --
Other Operating Expenses, Total -- -- -- --
Total Operating Expense 232.01 192.63 157.23 129.03
Operating Income 98.13 74.58 55.27 32.33
Interest Expense - Non-Operating -34.77 -30.74 -27.47 -21.90
Interest Capitalized - Non-Operating 3.93 3.86 2.05 1.69
Interest Expense, Net Non-Operating -30.85 -26.88 -25.42 -20.21
Investment Income, Non-Operating -- 0.00 0.00 0.01
Interest/Investment Income, Non-Operating -- 0.00 0.00 0.01
Interest Income (Expense), Net-Non-Operating, Total -30.85 -26.88 -25.42 -20.20
Gain (Loss) on Sale of Assets 13.62 16.30 17.22 29.57
Net Income Before Taxes 80.90 64.00 47.08 41.70
Income Tax – Total -- -- -- --
Income After Tax 80.90 64.00 47.08 41.70
Minority Interest -4.49 -2.02 -0.87 -0.99
Net Income Before Extraordinary Items 76.40 61.98 46.21 40.71
Discontinued Operations -- -- -- --
Total Extraordinary Items -- -- -- --
Net Income 76.40 61.98 46.21 40.71
Preferred Dividends -14.55 -11.06 -9.69 -5.88
Miscellaneous Earnings Adjustment -0.51 -0.45 -0.38 -0.41
Total Adjustments to Net Income -15.05 -11.50 -10.07 -6.29
Income Available to Common Excluding Extraordinary Items 61.35 50.48 36.14 34.43
Income Available to Common Stocks Including Extraordinary Items 61.35 50.48 36.14 34.43
Basic Weighted Average Shares 120.87 106.41 86.82 71.20
Basic EPS Excluding Extraordinary Items 0.51 0.47 0.42 0.48
Basic EPS Including Extraordinary Items 0.51 0.47 0.42 0.48
Dilution Adjustment -- -- -- --
Diluted Net Income 61.35 50.48 36.14 34.43
Diluted Weighted Average Shares 121.18 106.80 87.34 71.60
Diluted EPS Excluding Extraordinary Items 0.51 0.47 0.41 0.48
Diluted EPS Including Extraordinary Items 0.51 0.47 0.41 0.48
DPS - Common Stock Primary Issue 0.83 0.72 0.63 0.57
Dividend per Share – Common Stock Issue 2 -- 1.47 -- --
Dividend per Share – Common Stock Issue 3 -- 0.39 -- --
Gross Dividends - Common Stock 106.50 81.11 57.80 42.62
Impairment-Assets Held for Use, Supplemental -- -- -- --
Non-Recurring Items, Total -- -- -- --
Total Special Items -13.39 -16.13 -16.90 -29.14
Normalized Income Before Taxes 67.51 47.88 30.17 12.56
Effect of Special Items on Income Taxes 0.00 0.00 0.00 0.00
Income Taxes Excluding Impact of Special Items 0.00 0.00 0.00 0.00
Normalized Income After Taxes 67.51 47.88 30.17 12.56
Normalized Income Available to Common 47.96 34.35 19.23 5.28
Basic Normalized EPS 0.40 0.32 0.22 0.07
Diluted Normalized EPS 0.40 0.32 0.22 0.07
Funds From Operations - REIT 182.55 146.60 109.90 76.97
Amortization of Intangibles, Supplemental -- -- -- --
Depreciation, Supplemental 115.27 98.89 80.04 64.85
Interest Expense, Supplemental 30.85 26.88 25.42 20.21
Interest Capitalized, Supplemental -3.93 -3.86 -2.05 -1.69
Rental Expense, Supplemental 1.35 1.10 0.80 0.60
Stock-Based Compensation, Supplemental 12.87 10.76 10.15 5.40
Equity in Affiliates, Supplemental -- 0.00 0.00 0.01
Minority Interest, Supplemental -4.49 -2.02 -0.87 -0.99
Audit-Related Fees, Supplemental 1.31 1.20 1.08 1.12
Audit-Related Fees 0.00 0.00 0.00 0.05
Tax Fees, Supplemental 0.64 0.56 0.55 0.56
All Other Fees Paid to Auditor, Supplemental -- 0.00 0.00 0.00
Gross Margin 75.85 76.32 75.68 73.88
Operating Margin 29.72 27.91 26.01 20.03
Pretax Margin 24.50 23.95 22.15 25.84
Net Profit Margin 18.58 18.89 17.01 21.34
Normalized EBIT 98.36 74.75 55.59 32.75
Normalized EBITDA 213.62 173.64 135.63 97.61
FFO per Share (Basic) 1.32 1.23 1.12 0.96
FFO per Share (Diluted) 1.32 1.23 1.11 0.96
Adjusted FFO (AFFO) 137.25 112.12 82.56 --
Adjusted FFO per Share (Basic) 1.32 1.23 -- --
Adjusted FFO per Share (Diluted) 1.32 1.23 -- --
Net Operating Income (NOI) 249.66 200.98 158.97 118.28
Average Rent per Square Meter 111.41 103.44 -- --

In millions of USD (except for per share items)

Copyright Refinitiv