XML 21 R4.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Operating Revenue:      
Total operating revenue $ 305.3 $ 435.2 $ 644.4
Operating Costs and Expenses:      
Selling, general and administrative 46.1 58.9 61.2
Impairment of assets 5.6 49.7 79.4
Total operating costs and expenses 285.2 449.5 523.0
Gain (loss) on disposal of commercial real estate properties, net 0.5 0.0 51.4
Gain (loss) on disposal of non-core assets, net 9.1 0.0 0.0
Total gain (loss) on disposal of assets, net 9.6 0.0 51.4
Operating Income (Loss) 29.7 (14.3) 172.8
Other Income and (Expenses):      
Income (loss) related to joint ventures 5.9 5.3 (4.1)
Impairment of equity method investment 0.0 0.0 (188.6)
Interest and other income (expense), net (Note 2) 0.3 3.2 2.3
Interest expense (30.3) (33.1) (35.3)
Income (Loss) from Continuing Operations Before Income Taxes 5.6 (38.9) (52.9)
Income tax benefit (expense) 0.4 2.0 (16.3)
Income (Loss) from Continuing Operations 6.0 (36.9) (69.2)
Income (loss) from discontinued operations, net of income taxes (0.8) (1.5) (0.6)
Net Income (Loss) 5.2 (38.4) (69.8)
Loss (income) attributable to noncontrolling interest 0.4 2.0 (2.2)
Net Income (Loss) Attributable to A&B Shareholders $ 5.6 $ (36.4) $ (72.0)
Basic Earnings (Loss) Per Share of Common Stock:      
Continuing operations available to A&B shareholders (in dollars per share) $ 0.09 $ (0.49) $ (1.01)
Discontinued operations available to A&B shareholders (in dollars per share) (0.01) (0.02) (0.01)
Net income (loss) available to A&B shareholders (in dollars per share) 0.08 (0.51) (1.02)
Diluted Earnings (Loss) Per Share of Common Stock:      
Continuing operations available to A&B shareholders (in dollars per share) 0.09 (0.49) (1.01)
Discontinued operations available to A&B shareholders (in dollars per share) (0.01) (0.02) (0.01)
Net income (loss) available to A&B shareholders (in dollars per share) $ 0.08 $ (0.51) $ (1.02)
Weighted-Average Number of Shares Outstanding:      
Basic (in shares) 72.3 72.2 70.6
Diluted (in shares) 72.4 72.2 70.6
Amounts available to A&B Common Shareholders      
Continuing operations available to A&B common shareholders $ 6.3 $ (35.1) $ (71.4)
Discontinued operations available to A&B common shareholders (0.8) (1.5) (0.6)
Net income (loss) available to A&B common shareholders 5.5 (36.6) (72.0)
Commercial Real Estate      
Operating Revenue:      
Commercial Real Estate 150.0 160.6 140.3
Operating Costs and Expenses:      
Cost of Commercial Real Estate 95.6 89.0 77.2
Land Operations      
Operating Revenue:      
Revenues 40.6 114.1 289.5
Operating Costs and Expenses:      
Operating costs 31.1 92.5 117.1
Materials & Construction      
Operating Revenue:      
Revenues 114.7 160.5 214.6
Operating Costs and Expenses:      
Operating costs $ 106.8 $ 159.4 $ 188.1