XML 19 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2018
Sep. 30, 2017
ASSETS    
Real estate properties, net of accumulated depreciation of $85,724 and $64,290 $ 1,020,874 $ 902,281
Real estate loan 4,900 5,500
Cash and cash equivalents 27,360 12,383
Restricted cash 6,686 6,151
Deposits and escrows 24,458 27,839
Investment in unconsolidated joint ventures 20,078 21,415
Other assets 10,080 9,359
Real estate properties held for sale 38,928 8,969
Total Assets [1] 1,153,364 993,897
Liabilities:    
Mortgages payable, net of deferred costs of $6,373 and $6,345 792,432 697,826
Junior subordinated notes, net of deferred costs of $362 and $382 37,038 37,018
Accounts payable and accrued liabilities 27,409 22,348
Total Liabilities [1] 856,879 757,192
Commitments and contingencies
Preferred shares, $.01 and $1 par value:    
Authorized 2,000 shares, none issued 0 0
Common stock, $.01 par value, 300,000 shares authorized,    
15,048 and 13,333 shares issued at September 30, 2018 and 2017 150 133
Additional paid-in capital 220,135 201,910
Accumulated other comprehensive income 2,629 1,000
Accumulated deficit (24,927) (37,047)
Total BRT Apartments Corp. stockholders' equity 197,987 165,996
Non-controlling interests 98,498 70,709
Total Equity 296,485 236,705
Total Liabilities and Equity $ 1,153,364 $ 993,897
[1] The Company's consolidated balance sheets include the assets and liabilities of consolidated variable interest entities (VIEs). See note 4. The consolidated balance sheets include the following amounts related to the Company's VIEs as of September 30, 2018 and 2017, respectively: $586,623 and $707,546 of real estate properties, $6,699 and $8,626 of cash and cash equivalents, $11,837 and $13,873 of deposits and escrows, $6,781 and $8,148 of other assets, $38,852 and $8,969 of real estate properties held for sale, $481,569 and $558,568 of mortgages payable, $12,841 and $14,419 of accounts payable and accrued liabilities.