Company profile

Paul T. McDermott
Incorporated in
Fiscal year end
IRS number

WRE stock data



30 Jul 19
21 Aug 19
31 Dec 19


Company financial data Financial data

Quarter (USD) Jun 19 Mar 19 Dec 18 Sep 18
Revenue 76.82M 83.17M 82.9M 82.5M
Net income 987K -4.41M 5.69M 5.89M
Diluted EPS 0.01 -0.06 0.07 0.07
Net profit margin 1.28% -5.30% 6.86% 7.14%
Operating income 9.06M 8.24M 18.19M 18.39M
Net change in cash -6.27M 6.01M 1.21M -1.14M
Cash on hand 5.76M 12.03M 6.02M 4.81M
Cost of revenue 28.13M 29.21M 28.26M 28.57M
Annual (USD) Dec 18 Dec 17 Dec 16 Dec 15
Revenue 336.89M 325.08M 313.26M
Net income 25.63M 19.67M 119.34M 89.74M
Diluted EPS 0.32 0.25 1.65 1.31
Net profit margin 7.61% 6.05% 38.10%
Operating income 77.95M 66.56M 171.5M 148.28M
Net change in cash -3.83M -1.46M -12.52M 8M
Cash on hand 6.02M 9.85M 11.31M 23.83M
Cost of revenue 116.23M 115.65M 115.01M

Financial data from company earnings reports

Financial report summary

Management Discussion
  • Real estate rental revenue is comprised of (a) minimum base rent, which includes rental revenues recognized on a straight-line basis, (b) revenue from the recovery of operating expenses from our tenants, (c) credit losses on lease related receivables, (d) revenue from the collection of lease termination fees and (e) parking and other tenant charges such as percentage rents.
  • Real estate rental revenue from acquisitions increased due to the acquisition of Assembly Portfolio ($5.4 million) during the 2019 Quarter, partially offset by lower real estate rental revenue from Arlington Tower ($0.2 million).
  • Real estate rental revenue from held for sale and sold properties classified as continuing operations decreased due to the sale of 2445 M Street ($4.2 million) during the 2018 Quarter.
Content analysis ?
H.S. freshman Avg
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Removed: agree, Avenue, Bennett, Certification, Connecticut, disposed, expire, eXtensible, extent, formatted, ii, iii, iv, Language, pay, Pennsylvania, removal, snow, vi, XBRL