Company Information

  

Address: 2141 ROSECRANS AVENUE, SUITE 2100
PO BOX 3429 
City: EL SEGUNDO 
State: CA 
Zip Code: 90245 
Telephone: 310-294-8160 

Description of Business

Primary SIC Code: 6519
(As filed with the SEC)  

We are a Delaware limited partnership formed in July 2014 by Landmark Dividend LLC ("Landmark" or "Sponsor") to acquire, own and manage a portfolio of real property interests that we lease to companies in the wireless communication, outdoor advertising and renewable power generation industries. On November 19, 2014, we completed our initial public offering (the "IPO"). Our common units are listed on the NASDAQ Global Market under the symbol "LMRK". Overview We are a growth¬≠oriented master limited partnership formed by Landmark to acquire, own and manage a portfolio of real property interests that we lease to companies in the wireless communication, outdoor advertising and renewable power generation industries. Our real property interests underlie our tenants' infrastructure assets, which include freestanding cellular towers and rooftop wireless sites, billboards, wind turbines and solar arrays.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
09/20170.660.35825.68
06/20170.610.35526.23
03/20170.580.35225.78
12/20160.410.33837.20
06/2016-0.230.332N/E
03/20160.000.330N/E
12/20150.070.318209.14
06/2015-0.500.308N/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.03Total Liab/Total Assets0.59
Net Inc/Total Assets0.02Total Liab/Inv Cap0.96
Net Inc/Inv Cap0.03Total Liab/Comm Equity0.98
Pretax Inc/Net Sales0.23Interest Coverage Ratio1.71
Net Inc/Net Sales0.23Curr Debt/Equity0.60
Cash Flow/Net Sales0.51LTD/Equity0.30
SG&A/NetSales0.09Total Debt/Equity0.90
Asset Utilization   Liquidity  
Net Receivables Turnover9.71Quick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&E0.08  

Income Statement (Millions)

  9/30/2017 6/30/2017 3/31/2017 12/31/2016
Total Revenues(Net Sales) 13.50 12.44 12.20 12.84
Cost of Goods Sold 0.09 0.07 0.09 0.01
Selling & Admin Exps 1.42 1.44 1.41 0.98
Operating Income 8.28 6.72 6.95 7.30
Interest Exp 4.78 4.23 3.92 3.64
Pretax Income 3.87 2.68 3.53 8.80
Other Income 0.37 0.19 0.49 5.13
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 3.79 2.67 3.52 8.80

Balance Sheet (Millions)

Assets 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Cash & Short Term Investments 14.43 8.66 11.31 5.56
Receivables - Total 9.25 6.92 4.36 4.32
Inventories - Total NA NA NA NA
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment 642.87 592.17 562.24 552.91
Total Assets 711.55 650.85 617.72 603.06
Liabilities        
Accounts Payable 4.75 3.88 2.82 4.37
Debt in Current Liabilities 337.69 283.82 249.80 228.48
Total Current Liabilities NA NA NA NA
Long-Term Debt 111.80 112.34 112.48 112.81
Total Liabilities 467.21 412.43 377.80 358.73
Stockholder's Equity        
Minority Interest 0.10 0.10 0.10 NA
Preferred Stock 89.76 72.35 63.65 63.65
Common Stock 282.58 287.97 289.53 294.30
Retained Earnings NA NA NA NA
Treasury Stock NA NA NA NA
Total Stockholders' Equity 244.34 238.42 239.92 379.96
Total Liabilities and Stockholders' Equity 711.55 650.85 617.72 738.69

Cash Flow Summary (Millions)

Categories 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Net Cash Provided by Operating Activities 7.50 7.21 6.78 3.89
Net Cash Provided by Investing Activities -56.41 -33.76 -12.19 -88.87
Net Cash Provided by Financing Activities 54.69 24.67 12.04 84.41

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/201317.405.65--
12/201425.142.53-0.34
12/201534.391.200.07
12/201642.409.920.41
Growth Rates34.5720.66--

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/17505,63628.49




Report Date : 12/4/2017

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