BERKSHIRE INCOME REALTY, INC.
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Financials
SEC XBRL · annual| FY14 | FY13 | FY12 | FY11 | FY10 | FY09 | |
|---|---|---|---|---|---|---|
| Revenue | $21.2M | $19.4M | $74.5M | $70.7M | $67.9M | $76.2M |
| Operating income | — | — | — | — | — | — |
| Net income | $9.5M | $6.7M | $7.0M | $6.4M | $5.9M | $5.9M |
| Total assets | $521.7M | $427.3M | $447.2M | $468.7M | $456.9M | — |
| Total liabilities | $511.0M | $500.9M | $507.2M | $516.8M | $494.2M | — |
| Equity | $10.7M | −$73.5M | −$60.0M | −$48.0M | −$37.3M | — |
| EPS (diluted) | — | — | $0.21 | $-0.19 | $-0.55 | — |
| Shares out. | — | — | — | — | — | — |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2014- Operating margin
- —
- Net margin
- 44.8%
- Return on equity
- 88.9%
- Return on assets
- 1.8%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 98.0%
- Debt / equity
- 47.88×
- Book value / share
- —
- Revenue growth (YoY)
- 9.0%
- Net income growth (YoY)
- 41.4%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2014- Accruals / assets
- −0.4%clean
- Piotroski F-Score
- 5/6mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 1 warning● 4 good- High leverage (liabilities > 70% of assets)
- Strong return on equity (>15%)
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Kaufman Robert MDirector | Jun 27, 2014 | Sell | 1,910 | $27.66 |
| Kaufman Robert MDirector | Jun 25, 2014 | Sell | 100 | $27.80 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Delisting / listing-standard notice · Amended charter or bylaws · Other material eventOct 29, 2015
- Delisting / listing-standard notice · Shareholder vote · Other material eventSep 28, 2015
- Regulation FD disclosureMar 5, 2015
- Regulation FD disclosureDec 17, 2014
- Completed an acquisition or dispositionDec 15, 2014
- Completed an acquisition or dispositionJun 3, 2014
- Director / officer changeMay 12, 2014
- Entered a material agreementDec 18, 2013
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 15-12BCERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATIONNov 9, 2015
- 8-KOct 29, 2015
- 25-NSEOct 28, 2015
- 8-KSep 28, 2015
- 10-QAug 14, 2015
- 10-QMay 15, 2015
- 10-KMar 31, 2015
- 8-KMar 5, 2015
- 8-K/AFeb 23, 2015
- 8-KDec 17, 2014
- 8-KDec 15, 2014
- 10-QNov 14, 2014
- 4PRIMARY DOCUMENTSep 24, 2014
- 4FORM 4Sep 22, 2014
- 4PRIMARY DOCUMENTSep 17, 2014
Event-driven situations (3)
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