UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): January 20, 2015
INLAND AMERICAN REAL ESTATE TRUST, INC.
(Exact Name of Registrant as Specified in its Charter)
Maryland (State or Other Jurisdiction of Incorporation) | 000-51609 (Commission File Number) | 34-2019608 (IRS Employer Identification No.) | ||
2809 Butterfield Road Suite 360 Oak Brook, Illinois 60523 (Address of Principal Executive Offices) | ||||
(630) 218-8000 (Registrant’s Telephone Number, Including Area Code) | ||||
N/A (Former Name or Former Address, if Changed Since Last Report) | ||||
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 8.01 Other Events
For the year ended December 31, 2014, Inland American Real Estate Trust, Inc. (the “Company”) paid distributions of approximately $439 million. For income tax purposes only, approximately 88.36% of the distributions paid in 2014 will be treated as ordinary dividends and approximately 11.64% will be treated as nondividend distributions. The percentage of ordinary income was driven by the large number of properties the Company disposed of in 2014 and was required to recapture the gains as ordinary income due to ordinary losses recognized on prior year disposals. The following table denotes the allocation of the monthly distributions paid in 2014 for income tax purposes only. All amounts are stated in dollars per share. The December 2014 distribution, with a record date of December 31, 2014 and payment date of January 12, 2015, is taxable in 2015, and not reflected in the 2014 tax allocation.
Stockholders are advised to consult with their tax advisors about the specific tax treatment of distributions paid by the Company in 2014.
Record Date | Distribution Payable Date | Total Distributions | Ordinary Dividend | Capital Gains Dividend | Non-Dividend Distributions | Total ($) | |||||
12/31/2013 | 1/13/2014 | 0.04166667 | 0.03681667 | — | 0.00485000 | 0.04166667 | |||||
1/31/2014 | 2/12/2014 | 0.04166667 | 0.03681667 | — | 0.00485000 | 0.04166667 | |||||
2/28/2014 | 3/12/2014 | 0.04166667 | 0.03681667 | — | 0.00485000 | 0.04166667 | |||||
3/31/2014 | 4/11/2014 | 0.04166667 | 0.03681667 | — | 0.00485000 | 0.04166667 | |||||
5/5/2014 | 5/12/2014 | 0.04166667 | 0.03681667 | — | 0.00485000 | 0.04166667 | |||||
5/30/2014 | 6/12/2014 | 0.04166667 | 0.03681667 | — | 0.00485000 | 0.04166667 | |||||
6/30/2014 | 7/11/2014 | 0.04166667 | 0.03681667 | — | 0.00485000 | 0.04166667 | |||||
7/31/2014 | 8/12/2014 | 0.04166667 | 0.03681667 | — | 0.00485000 | 0.04166667 | |||||
8/31/2014 | 9/12/2014 | 0.04166667 | 0.03681667 | — | 0.00485000 | 0.04166667 | |||||
9/30/2014 | 10/13/2014 | 0.04166667 | 0.03681667 | — | 0.00485000 | 0.04166667 | |||||
10/31/2014 | 11/12/2014 | 0.04166667 | 0.03681667 | — | 0.00485000 | 0.04166667 | |||||
11/30/2014 | 12/12/2014 | 0.04166667 | 0.03681667 | — | 0.00485000 | 0.04166667 | |||||
0.50000000 | 0.44180000 | — | 0.05820000 | 0.50000000 | |||||||
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
INLAND AMERICAN REAL ESTATE TRUST, INC.
Date: | January 20, 2015 | By: | /s/ Jack Potts |
Name: | Jack Potts | ||
Title | Principal Financial Officer | ||