Stratus Properties Inc – ‘10-Q’ for 3/31/98 – EX-27

As of:  Wednesday, 5/13/98   ·   For:  3/31/98   ·   Accession #:  885508-98-3   ·   File #:  0-19989

in

this entire Filing. an “Entity” Search.

Show

Documents searched

and

each “hit”. the 1st “hit”.

↓↑Hints

Quarterly Report   —   Form 10-Q
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                      17±    75K 
 2: EX-15       Letter re: Unaudited Interim Financial Information     1      6K 
 3: EX-27       Financial Data Schedule (Pre-XBRL)                     1      8K 
 4: EX-27       Financial Data Schedule (Pre-XBRL)                     2±    10K 
 5: EX-27       Financial Data Schedule (Pre-XBRL)                     2±    10K 

EX-27   —   Financial Data Schedule (Pre-XBRL)

                                                                [Download Table]
                                                                                

<ARTICLE> 5                                                                     
<LEGEND>                                                                        
FM Properties Inc. adopted Statement of Financial Accounting Standards No.128,  
"Earnings Per Share," (SFAS 128) in the fourth quarter of 1997 and restated     
prior years' earnings per share (EPS) as required by SFAS 128. Presented below  
are the restated EPS amounts for the 3-month period ended March 31,1997 the     
6-month period ended June 30, 1997 and the 9-month period ended September 30,   
1997. Basic and diluted EPS have been entered in place of primary and fully-    
diluted,respectively. In addition, the amounts below restate FM Properties      
interim results for 1997 using consolidation accounting which was adopted during
the fourth quarter of 1997. Interim results had previously been presented using 
the equity method of accounting.                                                
</LEGEND>                                                                       
<RESTATED>                                                                      
<CIK> 0000885508                                                                
<NAME> FM PROPERTIES INC.                                                       
<MULTIPLIER> 1000                                                               

                                                                                
<PERIOD-TYPE>                  3-MOS             6-MOS           9-MOS          
<FISCAL-YEAR-END>              DEC-31-1997       DEC-31-1997     DEC-31-1997    
<PERIOD-END>                   MAR-31-1997       JUN-30-1997     SEP-30-1997    
<CASH>                               6,403             2,671           3,944    
<SECURITIES>                             0                 0               0    
<RECEIVABLES>                        4,397             2,248           2,307    
<ALLOWANCES>                             0                 0               0    
<INVENTORY>                              0                 0               0    
<CURRENT-ASSETS>                    11,614             5,651           6,909    
<PP&E>                             109,530           107,512         103,968    
<DEPRECIATION>                         682               705              32    
<TOTAL-ASSETS>                     127,837           119,510         120,264    
<CURRENT-LIABILITIES>               58,188            48,114          45,403    
<BONDS>                                  0                 0               0    
<PREFERRED-MANDATORY>                    0                 0               0    
<PREFERRED>                              0                 0               0    
<COMMON>                               143               143             143    
<OTHER-SE>                          61,427            63,171          66,629    
<TOTAL-LIABILITY-AND-EQUITY>       127,837           119,510         120,264    
<SALES>                             15,070            20,261          24,298    
<TOTAL-REVENUES>                    15,070            20,261          24,298    
<CGS>                               11,783            14,458          18,568    
<TOTAL-COSTS>                       11,783            14,458          18,568    
<OTHER-EXPENSES>                         0                 0               0    
<LOSS-PROVISION>                         0                 0               0    
<INTEREST-EXPENSE>                     536             1,061           1,608    
<INCOME-PRETAX>                      1,976             3,944           7,405    
<INCOME-TAX>                             0               220             220    
<INCOME-CONTINUING>                  1,972             3,716           7,170    
<DISCONTINUED>                           0                 0               0    
<EXTRAORDINARY>                          0                 0               0    
<CHANGES>                                0                 0               0    
<NET-INCOME>                         1,972             3,716           7,170    
<EPS-PRIMARY>                          .14               .26             .50    
<EPS-DILUTED>                          .14               .26             .50    

Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-Q’ Filing		Date		Other Filings
Filed on:		5/13/98
For Period End:		3/31/98		10-K
		9/30/97		10-Q
		6/30/97		10-Q
				List all Filings