income taxes (10,561) Provision for income taxes (15) ------- Net loss (10,576) Net loss attributable to noncontrolling interests 192 ------- Net loss attributable to the Company $(10,384) ======= Three Months Ended September 30, 2023 ---------------------------------------------------------------------------------------------- Same-Store Non-Same-Store Total Office Office Office Hotel Multi-family Lending Total -------------- ------------------ ------- ------- ---------------- --------- ----------- Cash net operating income (loss) $ 9,938 $ (49) $9,889 $1,922 $ 90 $ 366 $ 12,267 Deferred rent and amortization of intangible assets, liabilities, and lease inducements (571) -- (571) (1) (481) -- (1,053) ------ --- ----- ------ ----- ----- ----- ---- ----- ------- Segment net operating income (loss) $ 9,367 $ (49) $9,318 $1,921 $ (391) $ 366 $ 11,214 Interest and other income 220 Asset management and other fees to related parties (724) Expense reimbursements to related parties--corporate (524) Interest expense (8,556) General and administrative (1,603) Transaction-related costs (38) Depreciation and amortization (16,082) ------- Loss before benefit for income taxes (16,093) Provision for income taxes $(554.SI)$ ------- Net loss (16,647) Net loss attributable to noncontrolling interests 874 ------- Net loss attributable to the Company $(15,773) =======
View source version on businesswire.com: https://www.businesswire.com/news/home/20241108879514/en/
CONTACT:
For Creative Media & Community Trust Corporation
Media Relations:
Bill Mendel, 212-397-1030
bill@mendelcommunications.com
or
Shareholder Relations:
Steve Altebrando, 646-652-8473
shareholders@creativemediacommunity.com
(END) Dow Jones Newswires
November 08, 2024 06:00 ET (11:00 GMT)
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