◆ Market Data --:--
Commodities
Loading...
📈 Yields & Rates
Loading...
💱 FX Rates
Loading...
📈 Market Pulse
Loading...
🏛 Congress Trades
Loading...
👤 Insider Trades
Loading...
Customize Items

10-Q Filing

BROOKFIELD REAL ESTATE INCOME TRUST INC. CIK: 1713407 Q1 2021
Filing Information
Form Type 10-Q
Accession Number 0001713407-21-000033
Period End Date 20210331
Filing Date 20210517
Fiscal Year 2021
Fiscal Period Q1
XBRL Instance oak-20210331_htm.xml
Filing Contents
Balance Sheet 66 line items
Line Item Tag Value Unit Period
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 50.00M shares Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 50.00M shares Point-in-time
Preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Preferred stock, outstanding (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Preferred stock, outstanding (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 1.00B shares Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 1.00B shares Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 1.05B shares Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 1.00B shares Point-in-time
Investments in real estate, net RealEstateInvestments $312.76M USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 20.66M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 20.51M shares Point-in-time
Investments in real estate, net RealEstateInvestments $315.31M USD Point-in-time
Common stock, outstanding (in shares) CommonStockSharesOutstanding 20.66M shares Point-in-time
Common stock, outstanding (in shares) CommonStockSharesOutstanding 20.51M shares Point-in-time
Investments in real estate-related loans and securities, net MortgageLoansOnRealEstate $74.46M USD Point-in-time
Investments in real estate-related loans and securities, net MortgageLoansOnRealEstate $85.79M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $9.38M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $10.90M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $27.17M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $32.74M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $23.55M USD Point-in-time
Restricted cash RestrictedCashCurrent $3.28M USD Point-in-time
Restricted cash RestrictedCashCurrent $4.42M USD Point-in-time
Restricted cash RestrictedCashCurrent $3.74M USD Point-in-time
Accounts and other receivables, net AccountsReceivableNetCurrent $3.07M USD Point-in-time
Accounts and other receivables, net AccountsReceivableNetCurrent $5.59M USD Point-in-time
Other assets OtherAssetsCurrent $1.11M USD Point-in-time
Other assets OtherAssetsCurrent $888.33K USD Point-in-time
Total Assets Assets $440.87M USD Point-in-time
Total Assets Assets $445.31M USD Point-in-time
Mortgage loans, net MortgageLoansNet $229.24M USD Point-in-time
Mortgage loans, net MortgageLoansNet $229.19M USD Point-in-time
Mortgage loans, net NotesPayable $229.19M USD Point-in-time
Mortgage loans, net NotesPayable $229.24M USD Point-in-time
Due to affiliates DueToAffiliateCurrentAndNoncurrent $18.60M USD Point-in-time
Due to affiliates DueToAffiliateCurrentAndNoncurrent $12.12M USD Point-in-time
Accounts payable, accrued expenses and other liabilities AccountsPayableAccruedExpensesAndOtherLiabilities $6.31M USD Point-in-time
Accounts payable, accrued expenses and other liabilities AccountsPayableAccruedExpensesAndOtherLiabilities $6.72M USD Point-in-time
Commitments and contingencies (Note 12) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (Note 12) CommitmentsAndContingencies - USD Point-in-time
Total Liabilities Liabilities $254.63M USD Point-in-time
Total Liabilities Liabilities $247.69M USD Point-in-time
Preferred stock, $0.01 par value per share, 50,000,000 shares authorized; no shares issued nor outstanding at March 31,2021 and December 31, 2020, respectively PreferredStockValue - USD Point-in-time
Preferred stock, $0.01 par value per share, 50,000,000 shares authorized; no shares issued nor outstanding at March 31,2021 and December 31, 2020, respectively PreferredStockValue - USD Point-in-time
Common stock, $0.01 par value per share, 1,000,000,000 shares authorized; 20,662,400 and 20,510,001 shares issued and outstanding at March 31, 2021 and December 31, 2020, respectively CommonStockValue $206.62K USD Point-in-time
Common stock, $0.01 par value per share, 1,000,000,000 shares authorized; 20,662,400 and 20,510,001 shares issued and outstanding at March 31, 2021 and December 31, 2020, respectively CommonStockValue $205.10K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $201.85M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $200.44M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-15.18M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-18.81M USD Point-in-time
Total Stockholders Equity StockholdersEquity $185.47M USD Point-in-time
Total Stockholders Equity StockholdersEquity $183.24M USD Point-in-time
Non-controlling interests attributable to third party joint ventures MinorityInterest $7.72M USD Point-in-time
Non-controlling interests attributable to third party joint ventures MinorityInterest $7.44M USD Point-in-time
Total Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $193.18M USD Point-in-time
Total Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $145.42M USD Point-in-time
Total Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $172.38M USD Point-in-time
Total Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $190.68M USD Point-in-time
Total Liabilities and Stockholders' Equity LiabilitiesAndStockholdersEquity $445.31M USD Point-in-time
Total Liabilities and Stockholders' Equity LiabilitiesAndStockholdersEquity $440.87M USD Point-in-time
Income Statement 46 line items
Line Item Tag Value Unit Period
Rental revenues OperatingLeasesIncomeStatementLeaseRevenue $7.23M USD 1 Quarter
Rental revenues OperatingLeasesIncomeStatementLeaseRevenue $5.41M USD 1 Quarter
Other revenues OtherIncome $381.44K USD 1 Quarter
Other revenues OtherIncome $326.75K USD 1 Quarter
Total revenues Revenues $5.74M USD 1 Quarter
Total revenues Revenues $7.61M USD 1 Quarter
Rental property operating DirectCostsOfLeasedAndRentedPropertyOrEquipment $3.32M USD 1 Quarter
Rental property operating DirectCostsOfLeasedAndRentedPropertyOrEquipment $2.02M USD 1 Quarter
General and administrative expenses GeneralAndAdministrativeExpense $650.58K USD 1 Quarter
General and administrative expenses GeneralAndAdministrativeExpense $1.02M USD 1 Quarter
Management fee ManagementFeeExpense $554.05K USD 1 Quarter
Management fee ManagementFeeExpense $403.90K USD 1 Quarter
Performance fee PerformanceParticipationAllocationExpense $573.82K USD 1 Quarter
Performance fee PerformanceParticipationAllocationExpense $811.65K USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $4.32M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $3.39M USD 1 Quarter
Total expenses CostsAndExpenses $7.27M USD 1 Quarter
Total expenses CostsAndExpenses $9.78M USD 1 Quarter
Fees waived InvestmentCompanyFeeWaived $403.90K USD 1 Quarter
Fees waived InvestmentCompanyFeeWaived - USD 1 Quarter
Net expenses CostsandExpensesNet $6.87M USD 1 Quarter
Net expenses CostsandExpensesNet $9.78M USD 1 Quarter
Income from real estate-related loans and securities InterestLoansRealEstate $1.20M USD 1 Quarter
Income from real estate-related loans and securities InterestLoansRealEstate $1.35M USD 1 Quarter
Interest expense InterestExpense $1.42M USD 1 Quarter
Interest expense InterestExpense $1.37M USD 1 Quarter
Realized gain on investments RealizedInvestmentGainsLosses - USD 1 Quarter
Realized gain on investments RealizedInvestmentGainsLosses $980.66K USD 1 Quarter
Unrealized gain (loss) on investments UnrealizedGainLossOnInvestments $-12.43K USD 1 Quarter
Unrealized gain (loss) on investments UnrealizedGainLossOnInvestments $-1.80M USD 1 Quarter
Total other income (expense) OtherNonoperatingIncomeExpense $798.11K USD 1 Quarter
Total other income (expense) OtherNonoperatingIncomeExpense $-1.86M USD 1 Quarter
Net loss ProfitLoss $-1.37M USD 1 Quarter
Net loss ProfitLoss $-2.99M USD 1 Quarter
Net loss attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $-125.28K USD 1 Quarter
Net loss attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $-104.59K USD 1 Quarter
Net loss attributable to stockholders NetIncomeLoss $-1.25M USD 1 Quarter
Net loss attributable to stockholders NetIncomeLoss $-2.89M USD 1 Quarter
Net loss per share - basic (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $-0.06 USD 1 Quarter
Net loss per share - basic (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $-0.17 USD 1 Quarter
Net loss per share - diluted (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $-0.17 USD 1 Quarter
Net loss per share - diluted (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $-0.06 USD 1 Quarter
Weighted average number of shares outstanding - basic (in shares) EarningsPerShareBasic $21.28M USD 1 Quarter
Weighted average number of shares outstanding - basic (in shares) EarningsPerShareBasic $16.83M USD 1 Quarter
Weighted average number of shares outstanding - diluted (in shares) EarningsPerShareDiluted $21.28M USD 1 Quarter
Weighted average number of shares outstanding - diluted (in shares) EarningsPerShareDiluted $16.83M USD 1 Quarter
Cash Flow Statement 90 line items
Line Item Tag Value Unit Period
Net loss ProfitLoss $-1.37M USD 1 Quarter
Net loss ProfitLoss $-2.99M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $4.32M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $3.39M USD 1 Quarter
Management fees IncreaseDecreaseInManagementFees - USD 1 Quarter
Management fees IncreaseDecreaseInManagementFees $-554.05K USD 1 Quarter
Amortization of above and below Market Leases AmortizationOfAboveAndBelowMarketLeases $53.35K USD 1 Quarter
Amortization of above and below Market Leases AmortizationOfAboveAndBelowMarketLeases $57.02K USD 1 Quarter
Amortization of restricted stock grants AmortizationofRestrictedStockGrants $17.86K USD 1 Quarter
Amortization of restricted stock grants AmortizationofRestrictedStockGrants $17.77K USD 1 Quarter
Amortization of deferred financing costs AmortizationOfFinancingCosts $56.13K USD 1 Quarter
Amortization of deferred financing costs AmortizationOfFinancingCosts $45.60K USD 1 Quarter
Amortization of origination fees and discount AmortizationOfDebtDiscountPremium $-197.32K USD 1 Quarter
Amortization of origination fees and discount AmortizationOfDebtDiscountPremium $-37.51K USD 1 Quarter
Realized gain on investments RealizedInvestmentGainsLosses - USD 1 Quarter
Realized gain on investments RealizedInvestmentGainsLosses $980.66K USD 1 Quarter
Unrealized gain (loss) on investments UnrealizedGainLossOnInvestments $-12.43K USD 1 Quarter
Unrealized gain (loss) on investments UnrealizedGainLossOnInvestments $-1.80M USD 1 Quarter
(Increase) decrease in lease inducements and origination costs IncreaseDecreaseInLoanOriginationCosts - USD 1 Quarter
(Increase) decrease in lease inducements and origination costs IncreaseDecreaseInLoanOriginationCosts $18.32K USD 1 Quarter
Decrease (increase) in other assets IncreaseDecreaseInOtherOperatingAssets $551.34K USD 1 Quarter
Decrease (increase) in other assets IncreaseDecreaseInOtherOperatingAssets $-217.42K USD 1 Quarter
(Increase) decrease in accounts and other receivables IncreaseDecreaseInAccountsAndOtherReceivables $230.02K USD 1 Quarter
(Increase) decrease in accounts and other receivables IncreaseDecreaseInAccountsAndOtherReceivables $-86.89K USD 1 Quarter
(Decrease) increase in accounts payable, accrued expenses and other liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $889.15K USD 1 Quarter
(Decrease) increase in accounts payable, accrued expenses and other liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-799.23K USD 1 Quarter
(Decrease) increase in due to affiliates IncreaseDecreaseDueFromAffiliates $-874.29K USD 1 Quarter
(Decrease) increase in due to affiliates IncreaseDecreaseDueFromAffiliates $-604.90K USD 1 Quarter
Net cash (used in) provided by operating activities NetCashProvidedByUsedInOperatingActivities $2.38M USD 1 Quarter
Net cash (used in) provided by operating activities NetCashProvidedByUsedInOperatingActivities $3.42M USD 1 Quarter
Acquisition of real estate PaymentsToAcquireRealEstate - USD 1 Quarter
Acquisition of real estate PaymentsToAcquireRealEstate $41.02M USD 1 Quarter
Purchase of real estate-related loans and securities PaymentstoAcquireRealEstateRelatedLoans $16.78M USD 1 Quarter
Purchase of real estate-related loans and securities PaymentstoAcquireRealEstateRelatedLoans $22.73M USD 1 Quarter
Proceeds from sale of real estate-related loans and securities ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans - USD 1 Quarter
Proceeds from sale of real estate-related loans and securities ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans $4.88M USD 1 Quarter
Building improvements PaymentsForTenantImprovements $615.66K USD 1 Quarter
Building improvements PaymentsForTenantImprovements $273.38K USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-13.25M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-64.37M USD 1 Quarter
Borrowings from mortgage loans ProceedsFromBorrowingsFromMortgageLoans $27.90M USD 1 Quarter
Borrowings from mortgage loans ProceedsFromBorrowingsFromMortgageLoans - USD 1 Quarter
Payment of deferred financing costs PaymentsOfFinancingCosts $356.45K USD 1 Quarter
Payment of deferred financing costs PaymentsOfFinancingCosts - USD 1 Quarter
Proceeds from issuance of common stock ProceedsFromIssuanceOfCommonStock $16.66M USD 1 Quarter
Proceeds from issuance of common stock ProceedsFromIssuanceOfCommonStock $30.90M USD 1 Quarter
Repurchases of common stock PaymentsForRepurchaseOfCommonStock $8.88M USD 1 Quarter
Repurchases of common stock PaymentsForRepurchaseOfCommonStock - USD 1 Quarter
Payment of offering costs PaymentsofOfferingCosts $450.91K USD 1 Quarter
Payment of offering costs PaymentsofOfferingCosts $453.10K USD 1 Quarter
Distributions to non-controlling interests PaymentsOfDividendsMinorityInterest $186.38K USD 1 Quarter
Distributions to non-controlling interests PaymentsOfDividendsMinorityInterest $91.56K USD 1 Quarter
Contributions from non-controlling interests ProceedsFromMinorityShareholders $1.15M USD 1 Quarter
Contributions from non-controlling interests ProceedsFromMinorityShareholders $31.25K USD 1 Quarter
Distributions PaymentsOfCapitalDistribution $1.42M USD 1 Quarter
Distributions PaymentsOfCapitalDistribution $1.18M USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $57.87M USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $5.75M USD 1 Quarter
Net change in cash and cash-equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-5.11M USD 1 Quarter
Net change in cash and cash-equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-3.08M USD 1 Quarter
Cash and cash-equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $36.02M USD Point-in-time
Cash and cash-equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $31.05M USD Point-in-time
Cash and cash-equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $27.97M USD Point-in-time
Cash and cash-equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $30.91M USD Point-in-time
Cash and cash-equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $36.02M USD Point-in-time
Cash and cash-equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $31.05M USD Point-in-time
Cash and cash-equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $27.97M USD Point-in-time
Cash and cash-equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $30.91M USD Point-in-time
Total cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $36.02M USD Point-in-time
Total cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $31.05M USD Point-in-time
Total cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $27.97M USD Point-in-time
Total cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $30.91M USD Point-in-time
Interest paid InterestPaidNet $1.29M USD 1 Quarter
Interest paid InterestPaidNet $1.27M USD 1 Quarter
Accrued distributions AccruedDistributions $549.41K USD 1 Quarter
Accrued distributions AccruedDistributions $802.61K USD 1 Quarter
Accrued stockholder servicing fee AccruedStockholderServicingFee $65.13K USD 1 Quarter
Accrued stockholder servicing fee AccruedStockholderServicingFee $107.30K USD 1 Quarter
Distributions reinvested DistributionsReinvested $933.57K USD 1 Quarter
Distributions reinvested DistributionsReinvested $307.27K USD 1 Quarter
Management fees paid in shares ManagementFeesPaidInShares - USD 1 Quarter
Management fees paid in shares ManagementFeesPaidInShares $543.72K USD 1 Quarter
Accrued building improvements AccruedBuildingImprovements $23.37K USD 1 Quarter
Accrued building improvements AccruedBuildingImprovements - USD 1 Quarter
Other Real Estate, Improvements OtherRealEstateImprovements $999.75K USD 1 Quarter
Other Real Estate, Improvements OtherRealEstateImprovements - USD 1 Quarter
Non-Cash Accrued Repurchases AccruedRepurchases $768.61K USD 1 Quarter
Non-Cash Accrued Repurchases AccruedRepurchases $390.94K USD 1 Quarter
Accrued repurchases in due to affiliates RepurchasesDueToAffiliates - USD 1 Quarter
Accrued repurchases in due to affiliates RepurchasesDueToAffiliates $8.79M USD 1 Quarter
Stockholders Equity 22 line items
Line Item Tag Value Unit Period
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $193.18M USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $145.42M USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $172.38M USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $190.68M USD Point-in-time
Share-based compensation StockIssuedDuringPeriodValueShareBasedCompensation $17.77K USD 1 Quarter
Share-based compensation StockIssuedDuringPeriodValueShareBasedCompensation $17.86K USD 1 Quarter
Distributions reinvested DistributionsReinvested $933.57K USD 1 Quarter
Distributions reinvested DistributionsReinvested $307.27K USD 1 Quarter
Contributions IncreasefromContributions $1.15M USD 1 Quarter
Contributions IncreasefromContributions $31.25K USD 1 Quarter
Distributions DecreasefromDistributions $1.58M USD 1 Quarter
Distributions DecreasefromDistributions $2.57M USD 1 Quarter
Repurchases DecreaseFromRedemptions $15.81M USD 1 Quarter
Repurchases DecreaseFromRedemptions $390.94K USD 1 Quarter
Offering costs AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts $942.26K USD 1 Quarter
Offering costs AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts $450.91K USD 1 Quarter
Net loss ProfitLoss $-1.37M USD 1 Quarter
Net loss ProfitLoss $-2.99M USD 1 Quarter
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $193.18M USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $145.42M USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $172.38M USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $190.68M USD Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

NEWS
Loading article...
NEWS
Loading news...
TRENDING
Loading...