Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2022
Where the money goes
Where each dollar of revenue went, fiscal 2022
- Other costs87¢$85.0M
- Interest13¢$13.0M
Out of $98.1M in revenue.3 The company lost money this year.
Where each dollar of operating cash went, fiscal 2022
- Dividends paid53¢$8.5M
- Share buybacks7¢$1.2M
- Kept or used elsewhere39¢$6.3M
Out of $15.9M of cash from operations.3
Financial statements
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Revenue | $38.6M4 | $44.3M5 | $57.0M6 | $86.7M7 | $89.2M8 | $92.2M3 | $98.1M3 |
| Operating expenses | $105.1M3 | $136.1M3 | |||||
| Interest | -$1.1M4 | $5.8M5 | $11.3M6 | $13.8M7 | $9.9M8 | $8.5M3 | $13.0M3 |
| Net income | -$10.9M4 | -$9.0M4 | -$3.5M6 | -$4.6M7 | -$11.0M8 | -$12.9M3 | -$38.0M3 |
| Earnings per share | -$0.508 | -$0.353 | -$1.043 | ||||
| Earnings per share (diluted) | -$0.508 | -$0.353 | -$1.043 | ||||
| Shares (weighted, basic) | 35.2M shares3 | 35.0M shares3 | |||||
| Shares (weighted, diluted) | 35.2M shares3 | 35.0M shares3 |
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Cash | $3.3M4 | $1.6M5 | $17.8M6 | $1.9M7 | $08 | $285.0K3 | $334.0K3 |
| Goodwill | $250.0K3 | $250.0K3 | |||||
| Total assets | $248.3M4 | $230.7M5 | $582.1M6 | $557.4M7 | $523.6M8 | $505.3M3 | $479.3M3 |
| Long-term debt | $117.2M5 | $305.9M6 | $303.0M7 | $301.0M8 | $303.8M3 | $314.9M3 | |
| Total liabilities | $131.8M4 | $130.7M5 | $333.6M6 | $328.6M7 | $335.4M8 | $348.0M3 | $367.7M3 |
| Shareholders’ equity | $109.8M4 | $86.7M5 | $69.9M6 | $68.4M7 | $163.8M8 | $135.0M3 | $92.1M3 |
| Shares outstanding | 18.2K shares12 | 18.0M shares5 | 17.7M shares6 | 18.4M shares7 | 35.3M shares8 | 35.1M shares3 | 34.9M shares3 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Cash from operations | $10.1M4 | $9.3M5 | $44.2M6 | $19.5M7 | $23.1M8 | $21.4M3 | $15.9M3 |
| Depreciation and amortization | $26.7M3 | $27.0M3 | |||||
| Stock-based compensation | $667.0K3 | $505.0K3 | |||||
| Cash from investing | -$13.4M3 | -$12.0M3 | |||||
| Dividends paid | -$9.1M4 | $12.7M5 | $12.6M6 | $12.8M7 | $15.8M8 | $13.9M3 | $8.5M3 |
| Share buybacks | $08 | $2.5M3 | $1.2M3 | ||||
| Cash from financing | -$12.9M3 | $1.2M3 |
Compare SILVER STAR PROPERTIES REIT, INC with another company
Corporate structure
SILVER STAR PROPERTIES REIT, INC sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of SILVER STAR PROPERTIES REIT, INC
- Allen R. Hartman Filed SCHEDULE 13D/A on SILVER STAR PROPERTIES REIT, INC, latest Mar 24, 2025 (6 filings since Oct 17, 2023)
- SILVER STAR PROPERTIES REIT, INC Houston, Texas
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What SILVER STAR PROPERTIES REIT, INC reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Land | $132.5M3 Dec 31, 2022 | $146.1M3 Dec 31, 2021 | −9.3% |
| Buildings and improvements | $352.1M3 Dec 31, 2022 | $372.9M3 Dec 31, 2021 | −5.6% |
Real estate and locations
| Item | Latest | A year before | Change |
|---|---|---|---|
| Real estate investments, net | $391.1M3 Dec 31, 2022 | $447.5M3 Dec 31, 2021 | −12.6% |
| Real estate investments, at cost | $580.6M3 Dec 31, 2022 | $620.6M3 Dec 31, 2021 | −6.4% |
| Real estate accumulated depreciation | $189.5M3 Dec 31, 2022 | $173.0M3 Dec 31, 2021 | +9.5% |
| Area of real estate | 6.8 million sq ft3 Dec 31, 2021 | 6.8 million sq ft8 Dec 31, 2020 | 0% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $334.0K3 Dec 31, 2022 | $285.0K3 Dec 31, 2021 | +17.2% |
Intangibles and goodwill
Leadership
Who has led SILVER STAR PROPERTIES REIT, INC, and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
- Chief executive officerGerald W. Haddock Apr 7, 2025 to Apr 7, 202513
- Chief executive officerDavid T. Wheeler Nov 15, 2023 to Nov 15, 202314
- Chief financial officerLouis T. Fox Iii. May 18, 2015 to Nov 15, 202315
Board members and other officers (7)
- Board memberGerald W. Haddock Nov 15, 2023 to Apr 7, 202516
- Board memberJames S. Still Nov 17, 2023 to Nov 17, 202317
- Board memberRichard R. Ruskey May 18, 2015 to Feb 20, 201818
- Board memberAllen R. Hartman May 28, 2015 to Jul 19, 201619
- Board memberJack I. Tompkins May 28, 2015 to Nov 15, 202320
- General counselMichael Aaron Racusin Nov 15, 2023 to Nov 15, 202321
- General counselKatherine N. O'Connell May 28, 2015 to Jan 22, 201622
Former names
- Hartman Short Term Income Properties XX, Inc.Oct 27, 2008 to Dec 20, 20222
Timeline
- Jun 8, 20268-K Bankruptcy or receivership; Debt or obligation accelerated; Regulation FD disclosure23
- Sep 2, 20258-K Debt or obligation accelerated; Regulation FD disclosure24
- Aug 12, 20258-K Bylaws or fiscal year changed25
- Jul 30, 20258-K Executive or director change26
- Jun 16, 20258-K Unregistered sale of shares; Change to shareholders' rights; Regulation FD disclosure27
- Jun 10, 20258-K Financial statements and exhibits28
- Jun 6, 20258-K Executive or director change; Shareholder vote29
- May 27, 20258-K Executive or director change; Regulation FD disclosure30
- May 19, 20258-K Regulation FD disclosure31
- May 19, 20258-K Regulation FD disclosure32
- May 2, 20258-K Executive or director change33
- Apr 11, 20258-K Regulation FD disclosure34
- Apr 7, 2025New chief executive Gerald W. Haddock becomes CEO13
- Nov 15, 2023New chief executive David T. Wheeler becomes CEO14
Filings
270 filings to the SEC since October 2021: 2 annual reports, 7 quarterly reports, 78 major events, 9 insider forms, 6 large holders, 168 other. The latest 20:
- Oct 15, 2026REVOKED EDGAR
- Jun 8, 20268-K EDGAR
- Nov 18, 2025DEFA14A DEFA14A - NOVEMBER 18, 2025 - PRESS RELEASE RESPONSE EDGAR
- Nov 17, 2025NT 10-Q NT 10-Q - SEPTEMBER 30, 2025 EDGAR
- Nov 17, 2025DFAN14A EDGAR
- Nov 5, 2025DFAN14A EDGAR
- Oct 28, 2025DFAN14A EDGAR
- Oct 23, 2025DEFA14A DEFA14A - SS SET'S RECORD STRAIGHT - CEO HADDOCK'S REAL TRACK RECORD EDGAR
- Oct 22, 2025DEFA14A DEFA14A - OCTOBER 21, 2025 - SILVER STAR REBUTTAL TO HARTMAN LETTER EDGAR
- Oct 22, 2025DFAN14A EDGAR
- Oct 21, 2025DFAN14A EDGAR
- Oct 21, 2025DFAN14A EDGAR
- Oct 20, 2025DFAN14A EDGAR
- Oct 16, 2025DEFA14A DEFA14A - OCTOBER 16, 2025 - LETTER FROM A SHAREHOLDER - MR. BARRY ADAMS EDGAR
- Oct 16, 2025DEFA14A DEFA14A - OCTOBER 15, 2025 - A SINCERE CHAIRMAN THANK YOU EDGAR
- Oct 15, 2025DEFA14A DEFA14A - OCTOBER 15, 2025 - SHAREHOLDER UPDATE EDGAR
- Oct 15, 2025DFAN14A EDGAR
- Oct 10, 2025DFAN14A EDGAR
- Oct 10, 2025DFAN14A EDGAR
- Oct 9, 2025DEFA14A EDGAR
The 270 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Allen R. HartmanSCHEDULE 13D/A, 6 filings Oct 17, 2023 to Mar 24, 202535
SEC filer profile
How SILVER STAR PROPERTIES REIT, INC is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARSILVER STAR PROPERTIES REIT, INC1
- CIK0001446687
- Employer ID (EIN)26-34551891
- Filer statusNon-accelerated filer<br>smaller reporting company1
- Incorporated inMaryland1
- Fiscal year endsDecember 311
- Industry code (SIC)6500 Real Estate1
- SEC reviewing officeOffice of Real Estate & Construction, Division of Corporation Finance1
- Business address601 Sawyer St. Ste 600, Houston, TX 770071
- Phone713-467-22221
- Shares outstanding34,894,496 as of Sep 30, 202311
- Public float$0 as of Jun 30, 20223
- On EDGAR sinceOct 27, 20081
- Filings617 in all: 8-K (180), DFAN14A (76), DEFA14A (58), 10-Q (42), UPLOAD (31), CORRESP (23), 4 (21), 424B3 (20)1
All 42 form types
8-K/A (18), S-11/A (16), NT 10-Q (15), 10-K (14), POS AM (11), 5 (10), EFFECT (10), 3 (8), DEF 14A (8), NT 10-K (7), S-4/A (7), 10-Q/A (6), SC 13D/A (4), SC TO-T/A (4), 10-K/A (3), 8-A12G (2), DEFC14A (2), DEFR14A (2), PRE 14A (2), PREC14A (2), S-11 (2), 3/A (1), 425 (1), 8-A12B (1), 8-A12G/A (1), PRRN14A (1), REVOKED (1), S-4 (1), S-4 POS (1), SC 13D (1), SC 14D9 (1), SC TO-T (1), SCHEDULE 13D/A (1), SEC STAFF LETTER (1)
- Latest filingsAnnual report (10-K) May 26, 2023
Quarterly report (10-Q) Nov 20, 2023
Proxy statement (DEF 14A) Oct 7, 2025
Latest 8-K (8-K) Jun 8, 2026
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 16SEC EDGARGerald W. Haddock, Board member
- 17SEC EDGARJames S. Still, Board member
- 18SEC EDGARRichard R. Ruskey, Board member
- 19SEC EDGARAllen R. Hartman, Board member
- 20SEC EDGARJack I. Tompkins, Board member
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- 25SEC EDGARBylaws or fiscal year changed
- 26SEC EDGARExecutive or director change
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- 28SEC EDGARFinancial statements and exhibits
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- 31SEC EDGARRegulation FD disclosure
- 32SEC EDGARRegulation FD disclosure
- 33SEC EDGARExecutive or director change
- 34SEC EDGARRegulation FD disclosure
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