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  • Mar 29, 2024

      Show headlines and story abstract
    • 8:42AM ET on Friday Mar 29, 2024 by Dow Jones
      Companies Mentioned: MLP

      0842 ET - The catastrophic wildfires that burned on the Hawaiian island of Maui in August resulted in about $700,000 in revenue losses for Maui Land & Pineapple. The local real estate developer says its assets weren't directly affected by the fire, but that it still contributed to a short-term decline in lease revenue from tenants who were temporarily impacted by road closures or a pullback in visitor arrivals. The company's total operating revenue was only down about $71,000 for the year, as losses came despite percentage rents and land licensing from ecotourism activity trending upward from the prior year. (dean.seal@wsj.com)
  • Mar 28, 2024

      Show headlines and story abstract
    • 4:30PM ET on Thursday Mar 28, 2024 by GlobeNewswire
      Companies Mentioned: MLP
    • 4:29PM ET on Thursday Mar 28, 2024 by Dow Jones
      Companies Mentioned: MLP
      ---------------- ---------------- (in thousands) (in thousands) NET INCOME (LOSS) $ (3,080) $ 1,787 Less: Non-cash revenues recognized Land contributed to BRE2 LLC recognized in real estate revenues (1,606) - Add: Non-cash expenses Interest expense 6 6 Depreciation 869 1,109 Share-based compensation Vesting of Stock Options granted to Board Chair and Directors 1,354 - Vesting of Stock Compensation granted to Board Chair and Directors 487 380 Vesting of employee Incentive Stock 1,005 898 Pension and other post-retirement expenses 436 7,885 ------------ ------------ ADJUSTED EBITDA (LOSS) $ (529) $ 12,065 ============ ============ Year Ended December 31, ---------------------------------- 2023 2022 ---------------- ---------------- (in thousands) (in thousands) CASH AND INVESTMENTS Cash and cash equivalents $ 5,700 $ 8,499 Restricted cash - 10 Investments, current portion 2,671 2,432 Investments, net of current portion 464 551 --- ----------- ------------ TOTAL CASH AND INVESTMENTS CONVERTIBLE TO CASH $ 8,835 $ 11,492 === =========== ============
    • 4:29PM ET on Thursday Mar 28, 2024 by Dow Jones
      Companies Mentioned: MLP
      ---------------- ---------------- (in thousands) (in thousands) NET INCOME (LOSS) $ (3,080) $ 1,787 Less: Non-cash revenues recognized Land contributed to BRE2 LLC recognized in real estate revenues (1,606) - Add: Non-cash expenses Interest expense 6 6 Depreciation 869 1,109 Share-based compensation Vesting of Stock Options granted to Board Chair and Directors 1,354 - Vesting of Stock Compensation granted to Board Chair and Directors 487 380 Vesting of employee Incentive Stock 1,005 898 Pension and other post-retirement expenses 436 7,885 ------------ ------------ ADJUSTED EBITDA (LOSS) $ (529) $ 12,065 ============ ============ Year Ended December 31, ---------------------------------- 2023 2022 ---------------- ---------------- (in thousands) (in thousands) CASH AND INVESTMENTS Cash and cash equivalents $ 5,700 $ 8,499 Restricted cash - 10 Investments, current portion 2,671 2,432 Investments, net of current portion 464 551 --- ----------- ------------ TOTAL CASH AND INVESTMENTS CONVERTIBLE TO CASH $ 8,835 $ 11,492 === =========== ============

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