| Business Summary | | Crescent
Operating,
Inc.
has
assets
and
operations
comprising
four
business
segments:
Equipment
Sales
and
Leasing
comprises
Crescent
Machinery,
which
is
engaged
in
the
sale,
leasing
and
service
of
construction
equipment
and
accessories
to
the
construction
industry
located
primarily
in
six
states;
Hospitality,
which
generally
consists
of
the
operations
of
the
Hospitality
Properties,
including
luxury
resorts,
business
and
convention
hotels
and
destination
health
and
fitness
resorts;
Temperature
Controlled
Logistics,
which
consists
primarily
of
a
40%
interest
in
the
operations
of
AmeriCold
Logistics,
the
operator
of
99
temperature
controlled
storage
facilities
nationwide;
and
Land
Development,
which
consists
primarily
of
a
4.65%
economic
interest
in
Desert
Mountain,
a
52.5%
general
partner
interest
in
Woodlands
Operating,
a
2.125%
economic
interest
in
Landevco,
and
a
60%
economic
interest
in
COPI
Colorado. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Crescent
Operating,
Inc.
is
a
lessor
and
operator
of
various
assets,
including
equipment,
real
property
and
hotels
owned
by
Crescent
Real
Estate
Equities
Company
and
others.
For
the
three
months
ended
3/31/01,
revenues
fell
2%
to
$163.4
million.
Net
income
before
accounting
change
totaled
$389
thousand,
vs.
a
loss
of
$2
million.
Revenues
reflect
decreased
equipment
sales
and
leasing.
Net
income
reflects
income
tax
benefits
and
decreased
minority
interest
payment. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| Richard Rainwater, 55 Chairman | -- | John Goff, 44 Vice
Chairman, Pres, CEO | $56K | Richard Knight, 31 CFO,
Treasurer, Sec., VP | 134K | Jeffrey Stevens, 51 COO,
Exec. VP, Director | 201K | Dollar amounts are as of 31-Dec-1999 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
|
|