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DEI Price Correlated With Financials For Douglas Emmett

Free historical financial statements for Douglas Emmett Inc.. See how revenue, income, cash flow, and balance sheet financials have changed over 46 quarters since 2011. Compare with DEI stock chart to see long term trends.

DEI Stock Compared to Quarterly

DEI Income Statement

Revenue, Net:246970000
Revenue Per Share:1.405
Selling, General & Admin Expense:11661000
Total Operating Expenses:187482000
Net Income:24374000
Earnings Per Share, Basic:0.14
Shares Outstanding, Basic Avg:175784137

DEI Cash Flow

Operating Activities Net Income:
Depreciation, Depletion & Amortization:93947000
Net Cash from Operations:116020000
Net Cash from Operations Per Share:0.66
Cash Dividends Paid:49221000
Net Cash from Financing Activities:189618000
Net Cash from Investing Activities:-371869000
Net Change in Cash & Equivalents:-66231000

DEI Balance Sheet

Cash and Cash Equivalents:271144000
Property, Plant & Equipment, Net:9056628000
Total Assets:9706560000
Total Liabilities:5477609000

Insider Trading

 
Change
Value
Transaction
SEC Form 4
SIMON WILLIAM E JR   Director
13,200 sh at $19
$247,236
Buy
Wang Shirley   Director
284,000 sh at $21
$6,012,280
Buy
Kaplan Jordan L   Chief Exec Officer, President
48,750 sh at $20
$998,400
Buy
Feinberg David T   Director
25,000 sh at $20
$507,750
Buy
Bider Leslie E   Director
25,000 sh at $20
$498,500
Buy
SIMON WILLIAM E JR   Director
25,000 sh at $20
$497,250
Buy

Major Holders (from 13F filings)

Investment Type
Change
Value (x$1000)
increase or decrease
Vanguard Group Inc
25,006,265 sh
-41,716 sh
0%
$559,640
-$277,464
Blackrock Inc.
19,280,270 sh
325,626 sh
2%
$431,494
-$201,970
FMR LLC
11,417,344 sh
-400,300 sh
-3%
$255,520
-$139,426
First Eagle Investment Management, LLC
11,164,284 sh
3,621,870 sh
48%
$249,857
-$2,210
State Street Corp
9,438,167 sh
-36,460 sh
0%
$213,775
-$105,469
Wellington Management Group Llp
7,601,194 sh
757,028 sh
11%
$170,115
-$58,617
Bamco Inc /Ny/
5,812,205 sh
-115,907 sh
-2%
$130,077
-$68,041
Price T Rowe Associates Inc /Md/
4,969,556 sh
-120,482 sh
-2%
$111,219
-$58,890
Southeastern Asset Management Inc/Tn/
4,639,076 sh
-614,379 sh
-12%
$103,822
-$71,749
JPMorgan Chase & Co
3,431,207 sh
-1,096,657 sh
-24%
$76,792
-$74,529
Dimensional Fund Advisors LP
3,095,493 sh
-21,832 sh
-1%
$69,276
-$34,909
Massachusetts Financial Services Co /Ma/
2,885,371 sh
666,602 sh
30%
$64,576
-$9,575
Zimmer Partners, Lp
2,812,500 sh
-512,500 sh
-15%
$62,944
-$48,178
Geode Capital Management, LLC
2,650,021 sh
-34,620 sh
-1%
$59,307
-$30,413
Charles Schwab Investment Management Inc
2,628,134 sh
43,616 sh
2%
$58,818
-$27,557
Duff & Phelps Investment Management Co
2,605,565 sh
574,400 sh
28%
$57,754
-$10,128
Bank Of New York Mellon Corp
1,962,888 sh
116,224 sh
6%
$43,930
-$17,784
Millennium Management LLC
1,920,779 sh
672,041 sh
54%
$42,987
$1,254
Legal & General Group Plc
1,697,629 sh
28,701 sh
2%
$37,993
-$17,783
Nuveen Asset Management, LLC
1,525,802 sh
242,437 sh
19%
$34,148
-$7,561
COMPANY PROFILE
Overview Organization and Business Description

Douglas Emmett, Inc. is a fully integrated, self-administered and self-managed REIT. We are one of the largest owners and operators of high-quality office and multifamily properties in Los Angeles County, California and Honolulu, Hawaii. Through our interest in our Operating Partnership and its subsidiaries, consolidated JVs and unconsolidated Fund, we focus on owning, acquiring, developing and managing a substantial market share of top-tier office properties and premier multifamily communities in neighborhoods that possess significant supply constraints, high-end executive housing and key lifestyle amenities. The terms "us," "we" and "our" as used in the consolidated financial statements refer to Douglas Emmett, Inc. and its subsidiaries on a consolidated basis.

At December 31, 2021, our Consolidated Portfolio consisted of (i) a 17.8 million square foot office portfolio, (ii) 4,388 multifamily apartment units and (iii) fee interests in two parcels of land from which we receive rent under ground leases. We also manage and own an equity interest an unconsolidated Fund which, at December 31, 2021, owned an additional 0.4 million

square feet of office space. We manage our unconsolidated Fund alongside our Consolidated Portfolio, and we therefore present the statistics for our office portfolio on a Total Portfolio basis. As of December 31, 2021, our portfolio (not including two parcels of land from which we receive rent under ground leases), consisted of the following properties (including ancillary retail space):

Consolidated Portfolio Total Portfolio Office Wholly-owned properties 53 53 Consolidated JV properties 16 16 Unconsolidated Fund properties — 2 69 71 Multifamily Wholly-owned properties 11 11 Consolidated JV properties 1 1 12 12 Total 81 83

Basis of Presentation

The accompanying consolidated financial statements are the consolidated financial statements of Douglas Emmett, Inc. and its subsidiaries, including our Operating Partnership and our consolidated JVs. All significant intercompany balances and transactions have been eliminated in our consolidated financial statements.

We consolidate entities in which we are considered to be the primary beneficiary of a VIE or have a majority of the voting interest of the entity. We are deemed to be the primary beneficiary of a VIE when we have (i) the power to direct the activities of that VIE that most significantly impact its economic performance, and (ii) the obligation to absorb losses or the right to receive benefits that could potentially be significant to the VIE. We do not consolidate entities in which the other parties have substantive kick-out rights to remove our power to direct the activities, most significantly impacting the economic performance, of that VIE. In determining whether we are the primary beneficiary, we consider factors such as ownership interest, management representation, authority to control decisions, and contractual and substantive participating rights of each party.

We consolidate our Operating Partnership through which we conduct substantially all of our business, and own, directly and through subsidiaries, substantially all of our assets, and are obligated to repay substantially all of our liabilities. The consolidated debt, excluding our consolidated JVs, was $3.41 billion and $3.19 billion, as of December 31, 2021 and December 31, 2020, respectively. See Note 8. We also consolidate three JVs through our Operating Partnership (four JVs before December 31, 2020 - see "2020 Property Disposition" in Note 3 for more information regarding the dissolution of one of our JVs before December 31, 2020). We consolidate our Operating Partnership and our three JVs because they are VIEs and we or our Operating Partnership are the primary beneficiary for each.

As of December 31, 2021, our consolidated VIE entities, excluding our Operating Partnership, had aggregate consolidated assets of $3.56

Data imported from Douglas Emmett Inc. SEC filings. Check original filings before making any investment decision.