| Business Summary | | U.S.
Restaurant
Properties,
Inc.
is
a
fully
integrated,
self-administered
real
estate
investment
trust
(REIT).
The
Company
owns,
manages,
acquires
and
selectively
develops
restaurant,
service
station
and
other
service
retail
properties.
At
December
31,
2000,
the
Company's
portfolio
consisted
of
850
properties
(the
Properties),
diversified
geographically
in
48
states
and
operated
by
approximately
337
operators.
In
addition,
the
Company
held
seven
billboard
properties,
one
office
building
and
one
fuel
terminal
facility.
The
Properties
are
leased
by
the
Company
on
a
triple
net
basis
primarily
to
operators
of
fast
food
and
casual
dining
chain
restaurants
affiliated
with
major
brands,
such
as
Burger
King,
Arby's,
Dairy
Queen,
Hardee's,
Chili's,
Pizza
Hut
and
Schlotzsky's,
as
well
as
regional
franchises,
such
as
Grandy's
and
Taco
Cabana,
and
to
gasoline
service
station
operators
affiliated
with
major
brands,
such
as
Shell,
Phillips
66
and
Arco. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | U.S.
Restaurant
Properties
is
a
real
estate
investment
trust
engaged
in
acquiring,
owning,
managing
and
selectively
developing
restaurant,
service
station
and
other
service
retail
properties,
with
850
properites
in
48
states.
For
the
six
months
ended
6/30/01,
revenues
fell
9%
to
$37.9
million.
Net
loss
before
extraordinary
item
applicable
to
Common
totaled
$21.3
million,
up
from
$4.5
million.
Results
reflect
the
sale
of
properties
and
a
$16
million
asset
impairment
charge. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| David West, 44 Chairman | -- | Robert Stetson, 50 CEO,
Director | -- | H.G. Carrington, Jr. COO,
Chief Financial Officer | -- | Harry Davis VP, Asset-Management | -- | J. Scott Ballard, 34 Mang.,
Devel. Division | $101K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|