PILLARSTONE CAPITAL REIT
Real Estate · Real Estate Investment Trusts · MD · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | |
|---|---|---|---|---|---|---|
| Revenue | $8.7M | $9.3M | $9.7M | $14.3M | $17.2M | $0 |
| Operating income | — | — | — | — | — | −$292,739 |
| Net income | $440,000 | −$259,000 | −$371,000 | $3.1M | $1.3M | −$17,426 |
| Total assets | $55.5M | $57.6M | $57.7M | $57.9M | $79.2M | $192,562 |
| Total liabilities | $17.7M | $18.7M | $19.2M | $19.4M | $52.1M | $736,700 |
| Equity | $4.3M | $3.8M | $4.1M | $4.2M | $1.0M | −$544,138 |
| EPS (diluted) | $0.15 | $-0.59 | $-0.81 | $1.02 | $0.44 | $0.07 |
| Shares out. | 657,084 | 595,000 | 405,169 | 405,169 | 405,169 | 405,169 |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2022- Operating margin
- —
- Net margin
- 5.0%
- Return on equity
- 10.3%
- Return on assets
- 0.8%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 31.9%
- Debt / equity
- 4.16×
- Book value / share
- $6.49
- Revenue growth (YoY)
- −6.0%
- Net income growth (YoY)
- —
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 · FY2022- Accruals / assets
- −1.9%clean
- Piotroski F-Score
- 5/7mixed
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. What these scores mean →
Signs
● 1 severe● 1 warning● 3 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Revenue declined year-over-year
- Conservative leverage (liabilities < 50% of assets)
- 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.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗Aug 15, 2018
- NT 10-Kmissed a reporting deadline ↗Mar 31, 1999
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Lambert Paul TDirector | Dec 13, 2021 | Grant | 11,450 | $0.00 |
| Jassem Kathy MDirector | Dec 13, 2021 | Grant | 17,175 | $0.00 |
| Chookaszian DennisDirector | Dec 13, 2021 | Grant | 22,900 | $0.00 |
| Jassem Kathy MDirector | Dec 17, 2020 | Grant | 17,478 | $0.00 |
| Lambert Paul TDirector | Dec 17, 2020 | Grant | 13,043 | $0.00 |
| Chookaszian DennisDirector | Dec 17, 2020 | Grant | 26,086 | $0.00 |
| Jassem Kathy MDirector | Aug 12, 2020 | Grant | 22,666 | $0.00 |
| Chookaszian DennisDirector | Aug 12, 2020 | Grant | 66,666 | $0.00 |
| Lambert Paul TDirector | Aug 12, 2020 | Grant | 33,333 | $0.00 |
| Chookaszian DennisDirector | Mar 29, 2019 | Buy | 1,999 | $2.80 |
| Schurgin Mark10% owner | Jun 24, 2015 | Buy | 4,000 | $1.80 |
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- Debt acceleration / triggering eventDec 4, 2023
- Debt acceleration / triggering event · Other material eventSep 13, 2023
- Results of operations · Other material eventApr 3, 2023
- Other material eventNov 17, 2022
- Terminated a material agreement · Director / officer change · Regulation FD disclosure · Other material eventJul 25, 2022
- Shareholder voteJun 30, 2022
- Entered a material agreement · Modified shareholder rights · Amended charter or bylawsDec 29, 2021
- Shareholder voteJun 21, 2021
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 ↗- DFAN14AFORM DFAN14AJan 5, 2026
- DFAN14AFORM DFAN14AJan 2, 2026
- 10-KFORM 10-KJul 31, 2025
- 10-QFORM 10-QJul 31, 2025
- 8-KFORM 8-KDec 4, 2023
- 8-KFORM 8-KSep 13, 2023
- 8-KFORM 8-KApr 3, 2023
- 8-KFORM 8-KNov 17, 2022
- 10-QFORM 10-QAug 12, 2022
- 8-KFORM 8-KJul 25, 2022
- 8-KFORM 8-KJun 30, 2022
- 10-QMay 16, 2022
- DEFA14AMay 9, 2022
- 10-K/AApr 29, 2022
- PRE 14AApr 22, 2022
Event-driven situations (2)
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