1121783--3/23/2006--AMERICAN_SPECTRUM_REALTY_INC

related topics
{investment, property, distribution}
{debt, indebtedness, cash}
{loan, real, estate}
{cost, contract, operation}
{tax, income, asset}
{control, financial, internal}
{cost, regulation, environmental}
{competitive, industry, competition}
{acquisition, growth, future}
The Company s high level of debt increases its risk of default and may have a negative impact on the results of operations. This could adversely affect the Company s ability to make distributions and the market price of its Common Stock. The Company may need to refinance mortgage loans and sell properties to meet its obligations. The Company expects to require substantial cash to meet its operating requirements, including budgeted capital expenditures if the leasing projections are met. To meet these obligations, the Company may be required to refinance mortgage indebtedness and/or sell certain assets to provide cash. The Company cannot provide assurance that it will be successful in refinancing the mortgage indebtedness and that it will have sufficient cash to meet its obligations. There are risks inherent in the Company s acquisition and development strategy. The Company may not make profitable investments. The Company has a history of losses. The Company cannot assure the stockholders that it will become profitable in the future. The Company has incurred losses in each of the three years ended December 31, 2005. The Company cannot assure the stockholders that it will not continue to have losses after depreciation and amortization under generally accepted accounting principles. Real property investments entail risk. The Company s properties may not be profitable, may not result in distributions and/or may depreciate. The Company may not be able to enter into favorable leases upon the expiration of current leases and on current vacant space. The Company may invest in joint ventures, which adds another layer of risk to its business. The Company could incur unforeseen environmental liabilities. The Company faces intense competition in all of its markets. The Company does not intend to elect REIT status.

Full 10-K form ▸

related documents
761648--3/14/2007--CEDAR_SHOPPING_CENTERS_INC
761648--3/14/2008--CEDAR_SHOPPING_CENTERS_INC
899881--3/16/2006--PROLOGIS
1052752--3/17/2008--GETTY_REALTY_CORP_/MD/
922864--2/29/2008--APARTMENT_INVESTMENT_&_MANAGEMENT_CO
711513--2/28/2006--BOEING_CAPITAL_CORP
1077030--3/31/2006--IBF_VI_GUARANTEED_INCOME_FUND
30419--3/13/2008--R_H_DONNELLEY_CORP
1043000--3/12/2009--CAPITAL_SENIOR_LIVING_CORP
1278438--3/31/2008--DEX_MEDIA_WEST_LLC
102588--10/15/2007--SONOMAWEST_HOLDINGS_INC
1121783--3/24/2008--AMERICAN_SPECTRUM_REALTY_INC
1269190--3/31/2009--CITIGROUP_EMERGING_CTA_PORTFOLIO_LP
761648--3/15/2010--CEDAR_SHOPPING_CENTERS_INC
906345--3/10/2006--CAMDEN_PROPERTY_TRUST
899749--3/1/2007--HEALTHCARE_REALTY_TRUST_INC
1043000--3/16/2007--CAPITAL_SENIOR_LIVING_CORP
926660--2/27/2009--AIMCO_PROPERTIES_LP
761648--3/16/2009--CEDAR_SHOPPING_CENTERS_INC
923660--3/31/2009--SMITH_BARNEY_DIVERSIFIED_FUTURES_FUND_L_P_II
1077030--4/2/2007--IBF_VI_GUARANTEED_INCOME_FUND
1266112--3/15/2007--GOVERNMENT_PROPERTIES_TRUST_INC
1163673--3/27/2007--HANOVER_EQUIPMENT_TRUST_2001B
1278384--3/29/2010--NTS_REALTY_HOLDINGS_LP
805993--3/28/2008--UNIPROP_MANUFACTURED_HOUSING_COMMUNITIES_INCOME_FUND_II_/MI/
769856--3/28/2008--UNIPROP_MANUFACTURED_HOUSING_COMMUNITIES_INCOME_FUND
1234006--2/27/2008--GLADSTONE_COMMERCIAL_CORP
1234006--2/25/2009--GLADSTONE_COMMERCIAL_CORP
761648--3/13/2006--CEDAR_SHOPPING_CENTERS_INC
941713--3/2/2009--HIGHWOODS_PROPERTIES_INC