Company profile
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Investment data
Securities sold
Number of investors
Calendar
10 Aug 22
16 Aug 22
31 Dec 22
Financial summary
Quarter (USD) | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
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Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Net income | |||||
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Change in cash | |||||
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) | 991.7K | 991.7K | 991.7K | 991.7K | 991.7K | 991.7K |
Cash burn (monthly) | 844.12K | 464.04K | 126.65K | 25.28K | 4.25K | (no burn) |
Cash used (since last report) | 1.33M | 729.29K | 199.05K | 39.73K | 6.68K | n/a |
Cash remaining | -334.94K | 262.4K | 792.64K | 951.96K | 985.02K | n/a |
Runway (months of cash) | -0.4 | 0.6 | 6.3 | 37.7 | 231.8 | n/a |
Financial report summary
?Management Discussion
- For the six months ended June 30, 2022 and 2021, the Partnership recognized rental income of $70,794 and $503,297, respectively. In 2022, rental income decreased due to the sale of five properties. The Family Dollar in Mobile, Alabama was the final property, which is classified as Real Estate Held for Sale as of June 30, 2022. The Partnership expects rental income in 2022 to total $70,794, as the Family Dollar lease matured on June 30, 2022 and was not renewed.
- For the six months ended June 30, 2022 and 2021, the Partnership incurred Partnership administration expenses from affiliated parties of $55,672 and $73,612, respectively. These administration expenses include costs associated with the management of the properties, processing distributions, reporting requirements and communicating with the Limited Partners. During the same periods, the Partnership incurred Partnership administration and property management expenses from unrelated parties of $40,520 and $44,402, respectively. These expenses represent direct payments to third parties for legal and filing fees, direct administrative costs, outside audit costs, taxes, insurance and other property costs.
- For the six months ended June 30, 2022 and 2021, the Partnership recognized interest income of $1,014 and $1,590, respectively.
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
8th grade Avg
|
New words:
Alabama, broker, classification, Family, feedback, local, matured, Mobile
Removed:
recognize, scheduled
Financial reports
Current reports
8-K
Completion of Acquisition or Disposition of Assets
18 Feb 22
8-K
Completion of Acquisition or Disposition of Assets
16 Sep 21
8-K
Completion of Acquisition or Disposition of Assets
29 Jul 21
8-K
Completion of Acquisition or Disposition of Assets
7 Jul 21
8-K
Completion of Acquisition or Disposition of Assets
26 Apr 21
8-K
Submission of Matters to a Vote of Security Holders
4 Mar 21
8-K
Completion of Acquisition or Disposition of Assets
7 May 19
8-K
Completion of Acquisition or Disposition of Assets
31 Jan 19
8-K
Completion of Acquisition or Disposition of Assets
5 Nov 18
8-K
Other Events
19 Apr 16
Registration and prospectus
Other
UPLOAD
Letter from SEC
27 Nov 17
CORRESP
Correspondence with SEC
12 Nov 17
UPLOAD
Letter from SEC
30 Oct 17
UPLOAD
Letter from SEC
19 Feb 08
UPLOAD
Letter from SEC
31 Jan 08
UPLOAD
Letter from SEC
31 Jan 08
CORRESP
Correspondence with SEC
7 Nov 07
UPLOAD
Letter from SEC
25 Oct 07
UPLOAD
Letter from SEC
9 Aug 05
CORRESP
Correspondence with SEC
15 Jun 05