Company Information

  

Address: 550 SOUTH HOPE STREET
SUITE 2850 
City: LOS ANGELES 
State: CA 
Zip Code: 90071 
Telephone: 213-271-1600 

Description of Business

Primary SIC Code: 4941
(As filed with the SEC)  

This Form 10-K contains forward-looking statements with regard to financial projections, proposed transactions such as those concerning the further development of our land and water assets, information or expectations about our business strategies, results of operations, products or markets, or otherwise makes statements about future events. Such forward-looking statements can be identified by the use of words such as "intends", "anticipates", "believes", "estimates", "projects", "forecasts", "expects", "plans" and "proposes". Although we believe that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks and uncertainties that could cause actual results to differ materially from these forward-looking statements. These include, among others, the cautionary statements under the caption "Risk Factors", as well as other cautionary language contained in this Form 10-K.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/2018-1.43NAN/E
12/2017-1.50NAN/E
09/2017-1.53NAN/E
06/2017-1.53NAN/E
03/2017-1.25NAN/E
12/2016-1.41NAN/E
09/20161.23NA6.02
06/20161.15NA5.10

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity-0.09Total Liab/Total Assets2.18
Net Inc/Total Assets-0.51Total Liab/Inv Cap2.48
Net Inc/Inv Cap-0.58Total Liab/Comm Equity0.40
Pretax Inc/Net Sales-77.48Interest Coverage Ratio-0.91
Net Inc/Net Sales-77.49Curr Debt/Equity-0.02
Cash Flow/Net Sales-23.95LTD/Equity-1.74
SG&A/NetSales29.30Total Debt/Equity-1.76
Asset Utilization   Liquidity  
Net Receivables Turnover11.65Quick Ratio2.08
Inventory TurnoverNACurrent Ratio2.08
Inventory Day SalesNANet Rec/Curr Assets0.00
Net Sales/Work Cap0.06Inv/Curr AssetsNA
Net Sales/PP&E0.01  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 0.11 0.11 0.11 0.11
Cost of Goods Sold NA 0.00 NA NA
Selling & Admin Exps 2.53 4.06 2.46 2.14
Operating Income -2.49 -4.01 -2.41 -2.11
Interest Exp 3.48 3.07 3.58 7.96
Pretax Income -5.97 -7.07 -5.99 -13.57
Other Income NA 0.00 0.00 NA
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -5.97 -3.57 -5.99 -17.07

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 8.58 13.03 16.06 19.43
Receivables - Total 0.04 0.04 0.06 0.05
Inventories - Total NA NA NA NA
Total Current Assets 9.32 13.48 16.64 20.00
Net Property, Plant & Equipment 45.78 45.27 44.72 44.66
Total Assets 62.87 66.51 68.89 72.22
Liabilities        
Accounts Payable 1.84 2.69 1.02 6.44
Debt in Current Liabilities 1.93 1.41 1.38 1.40
Total Current Liabilities 3.76 6.49 9.04 7.84
Long-Term Debt 140.33 137.04 133.95 130.61
Total Liabilities 145.76 145.20 145.18 142.88
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 0.23 0.23 0.23 0.23
Retained Earnings -449.71 -443.74 -436.66 -430.67
Treasury Stock NA NA NA NA
Total Stockholders' Equity -82.89 -78.70 -76.29 -70.67
Total Liabilities and Stockholders' Equity 62.87 66.51 68.89 72.22

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities -3.94 -2.74 -2.86 -2.23
Net Cash Provided by Investing Activities -0.50 -0.34 -0.51 -0.05
Net Cash Provided by Financing Activities -0.01 0.05 -0.01 12.30

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20130.30-22.68-1.46
12/20140.34-18.88-1.15
12/20150.30-24.01--
12/20160.41-26.34-1.41
12/20170.44-33.86-1.50
Growth Rates9.77----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/186711,73850.12




Report Date : 7/16/2018

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