Hartman Short Term Income Properties XX Inc. is a Maryland corporation formed on February 5, 2009, to acquire and invest in income-producing commercial real estate properties including office buildings, retail shopping centers and flex and industrial properties. We have made and expect to continue to make investments in real estate assets located in the United States, with a strategic focus on real estate properties located in Texas, based on our view of existing market conditions. We own, and in the future intend to own, substantially all of our assets and conduct our operations through our Hartman XX Limited Partnership, a Texas limited partnership, which we refer to as our “operating partnership.” Our wholly-owned subsidiary, Hartman XX REIT GP LLC, is the sole general partner of our operating partnership, and we are the sole limited partner of our operating partnership. We elected to be treated as a real estate investment trust, or REIT, for federal income tax purposes beginning with the taxable year ended December 31, 2011. References in this Annual Report to “shares” and “our common stock” refer to the shares of our common stock.
Company profile
Ticker
HARXX
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Hartman Short Term Income Properties XX, Inc.
SEC CIK
Corporate docs
Subsidiaries
Hartman XX Limited Partnership • Hartman CRMB Holdings, LLC • Hartman XX REIT GP, LLC • Hartman SPE, LLC • Hartman SPE Management, LLC • Hartman Income REIT Management, LLC • Hartman Income REIT Management, Inc. • Hartman Advisors, LLC • Texan REIT Manager, LLC • Hartman 400 North Belt, LLC ...
Latest filings (excl ownership)
8-K
Silver Star Properties Provides Corporate Update
17 Apr 24
8-K
Departure of Directors or Certain Officers
11 Apr 24
8-K
Hartman SPE and Benefit Street Partners Close on Exit Facility
2 Apr 24
NT 10-K
Notice of late annual filing
29 Mar 24
DEFR14A
Revised proxy
14 Mar 24
8-K
Bankruptcy or Receivership
1 Mar 24
8-K
Silver Star Properties Updates Shareholders
13 Feb 24
8-K
Regulation FD Disclosure
5 Feb 24
8-K
Other Events
5 Feb 24
8-K
Other Events
1 Feb 24
Latest ownership filings
SC 13D/A
HARTMAN ALLEN R
22 Dec 23
SC 13D/A
HARTMAN ALLEN R
15 Dec 23
3
Victoria Hartman Massey
29 Nov 23
SC 13D/A
HARTMAN ALLEN R
29 Nov 23
5
James S Still
17 Nov 23
5
Jack I Tompkins
15 Nov 23
5
GERALD W HADDOCK
15 Nov 23
5
David T Wheeler
15 Nov 23
4
Louis T Fox III
15 Nov 23
5
Louis T Fox III
15 Nov 23
Financial summary
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 17.22 mm | 17.22 mm | 17.22 mm | 17.22 mm | 17.22 mm | 17.22 mm |
Cash burn (monthly) | 8.82 mm | 99.42 k | 3.72 mm | 5.06 mm | (no burn) | (no burn) |
Cash used (since last report) | 60.54 mm | 682.64 k | 25.56 mm | 34.77 mm | n/a | n/a |
Cash remaining | -43.32 mm | 16.54 mm | -8.35 mm | -17.55 mm | n/a | n/a |
Runway (months of cash) | -4.9 | 166.3 | -2.2 | -3.5 | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
5 May 23 | Louis T Fox III | Restricted common shares | Grant | Acquire A | No | No | 6.25 | 100,553 | 628.46 k | 100,553 |
27 Apr 21 | Louis T Fox III | Phantom Equity Units Common Stock | Grant | Acquire A | No | No | 11.26 | 53,286 | 600.00 k | 53,286 |
27 Apr 21 | David T Wheeler | Phantom Equity Units Common Stock | Grant | Acquire A | No | No | 11.26 | 35,524 | 400.00 k | 35,524 |