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Ares Commercial Real Estate Corporation$14.13$.05.36%

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Income Statement for Ares Commercial Real Estate Corporation
(Amounts are in millions) 12/2017 12/2016 12/2015
Press Release Press Release Press Release
Net Sales or Revenues $46.35 $45.11 $85.41
Cost of Goods Sold $0.00 $0.00 $0.00
Gross Profit $46.35 $45.11 $85.41
       
Research & Development Expense $0.00 $0.00 $0.00
Selling, General, & Admin. Expense $14.97 $14.43 $40.16
Income Before Depreciation $31.38 $30.68 $45.25
       
Depreciation, Depletion, Amortization $0.00 $0.00 $0.00
Non-Operating Income ($0.77) $0.00 $0.00
Interest Expense $0.00 $0.00 $0.00
Pretax Income $30.61 $30.68 $45.25
       
Provision for Income Taxes $0.18 $0.23 $1.93
Minority Interest $0.03 $4.53 $9.04
Investment Gains (Losses) $0.00 $0.00 $0.00
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries $30.43 $30.45 $43.32
       
Extraordinary Items & Disc. Operations $0.00 $14.42 $0.00
Net Income $30.41 $40.34 $34.29
       
Basic Earnings Per Share $1.07 $1.42 $1.20
Diluted Earnings Per Share $1.07 $1.41 $1.20
       
Weighted Average Basic Shares Outstanding 28.48 28.46 28.50
Weighted Average Diluted Shares Outstanding 28.55 28.52 28.60
       
Income Before Non-Recurring Items $31.56 $31.19 $34.29
Income From Non-Recurring Items ($1.15) ($5.27) $0.00
Diluted Earnings Per Share before extras $1.11 $1.09 $1.20
       
Dividend (preferred) N/A N/A N/A
Dividend (common) $30.88 $29.62 $28.61
Dividend Per Share (common) $1.08 $1.04 $1.00




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