PREFERRED APARTMENT COMMUNITIES INC company info

CIK 1481832
IRS Number 271712193
State of incorporation MD
Business address 3284 NORTHSIDE PARKWAY NW
SUITE 150
ATLANTA
GA
30327
Mail address 3284 NORTHSIDE PARKWAY NW
SUITE 150
ATLANTA
GA
30327

Short summary

PREFERRED APARTMENT COMMUNITIES INC is a Georgia company, with head office located at 3284 Northside Parkway Nw Atlanta, Georgia 30327. In 2019 the company owned a total of 4.83 billion USD worth of assets. 2018 was the year when the company amassed the most assets.

PREFERRED APARTMENT COMMUNITIES INC Income Statement

Name [in Millions USD]20092010201120122013201420152016201720182019Trends
Operating Expenses 10.1330.2544.2290.42169.95234.62327.19370.19
Operating Income (Loss) -0.75-6.072.361.6412.3218.8930.1759.39139.78101.81
Interest expense 0.021.182.504.5810.1921.3244.2867.4795.56111.96
Other Nonoperating Income (Expense) 0-0.240.08
Net income -0.77-8.50-0.15-3.982.09-2.40-9.5327.6843.47-7.24

PREFERRED APARTMENT COMMUNITIES INC Balance Sheet

Name [in Millions USD]20092010201120122013201420152016201720182019Trends
Cash and cash equivalents 0.025.572.937.549.686.875.7213.0621.3094.08120.13
Intangible Assets, Net (Excluding Goodwill) 2.100.3412.2727.5381.4699.88138.42154.35
Total assets 97.25100.02260.39382.59909.061,757.012,639.533,908.234,980.524,827.40
Long-term Debt 55.6455.64127.52140.82484.45943.501,400.671,998.512,429.242,606.25
Total liabilities 57.3857.99147.73186.16518.861,070.091,562.132,474.753,196.353,049.25
Common Stock, Value, Issued 0.050.050.110.175.490.230.320.400.440.48
Retained Earnings (Accumulated Deficit) -5.18-9.97-15.12-8.23-11.64-16.799.0400-191.04

PREFERRED APARTMENT COMMUNITIES INC Cash Flow

Name [in Millions USD]20092010201120122013201420152016201720182019Trends
Net income -0.77-8.50-0.15-3.982.09-2.40-9.5327.6843.47-7.24
Depreciation and amortization 08.243.6013.3016.3338.1078.14116.78171.14185.07
Depreciation 02.703.597.8412.2627.6756.4286.02125.85149.88
Amortization of Intangible Assets 04.1210.60
Accounts receivable 00.020.060.381.722.34-4.3312.11-7.6320.57
Accounts payable 0.020.340.03-0.350.671.152.942.856.732.41
Deferred revenue 00.010.02-0.02
Net Cash Provided by (Used in) Operating Activities -0.790.534.188.6915.4435.2261.6686.29145.38145.63
Net Cash Provided by (Used in) Investing Activities -0.15-93.68-32.54-137.73-356.42-533.51-1,126.58-727.18-881.81-661.06
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 0.241.251.19-1.78-2.36-2.52
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 0.241.251.19-1.78-2.36-2.52
Proceeds from Issuance of Common Stock 0.1146.12030.7449.005.3822.9674.2100
Net Cash Provided by (Used in) Financing Activities 0.9697.6826.78135.25334.92497.621,074.80646.19751.10564.99
Cash and Cash Equivalents, Period Increase (Decrease) 0.024.53-1.576.21-6.07-0.679.888.72