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 24, 2017
INLAND REAL ESTATE INCOME TRUST, INC.
(Exact Name of Registrant as Specified in its Charter)
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Maryland |
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000-55146 |
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45-3079597 |
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(State or Other Jurisdiction of Incorporation) |
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(Commission File Number) |
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(IRS Employer Identification No.) |
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2901 Butterfield Road
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:
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☐ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
For the year ended December 31, 2016, Inland Real Estate Income Trust, Inc. (the “Company”) paid distributions of approximately $52,356,649. For income tax purposes only, 19.8% of the distributions were treated as ordinary dividends, none were treated as capital gains and 80.2% were treated as nondividend distributions (which are treated for income tax purposes as a return of capital to the extent of a stockholder’s basis in its shares and thereafter as capital gain). The following table denotes the nature of the Company’s monthly distributions paid in 2016 for income tax purposes only. Stockholders are advised to consult with their tax advisors about the specific tax treatment of distributions paid by the Company in 2016. All amounts are stated in dollars per share.
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Record Dates |
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Distribution Payment Date |
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Total Distributions (a) |
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Ordinary Dividend |
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Capital Gain |
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Nondividend Distributions |
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December 1-31, 2015 |
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January 4, 2016 |
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$ |
0.050959 |
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$ |
0.010088 |
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$ |
— |
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$ |
0.040871 |
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January 1-31, 2016 |
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February 1, 2016 |
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$ |
0.050820 |
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$ |
0.010060 |
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$ |
— |
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$ |
0.040760 |
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February 1-29, 2016 |
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March 1, 2016 |
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$ |
0.047541 |
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$ |
0.009411 |
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$ |
— |
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$ |
0.038130 |
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March 1-31, 2016 |
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April 1, 2016 |
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$ |
0.050820 |
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$ |
0.010060 |
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$ |
— |
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$ |
0.040760 |
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April 1-30, 2016 |
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May 2, 2016 |
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$ |
0.049180 |
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$ |
0.009735 |
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$ |
— |
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$ |
0.039445 |
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May 1-31, 2016 |
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June 1, 2016 |
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$ |
0.050820 |
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$ |
0.010060 |
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$ |
— |
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$ |
0.040760 |
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June 1-30, 2016 |
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July 1, 2016 |
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$ |
0.049180 |
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$ |
0.009735 |
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$ |
— |
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$ |
0.039445 |
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July 1-31, 2016 |
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August 1, 2016 |
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$ |
0.050820 |
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$ |
0.010060 |
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$ |
— |
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$ |
0.040760 |
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August 1-31, 2016 |
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September 1, 2016 |
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$ |
0.050820 |
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$ |
0.010060 |
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$ |
— |
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$ |
0.040760 |
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September 1-30, 2016 |
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October 3, 2016 |
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$ |
0.049180 |
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$ |
0.009735 |
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$ |
— |
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$ |
0.039445 |
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October 1-31, 2016 |
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November 1, 2016 |
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$ |
0.050820 |
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$ |
0.010060 |
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$ |
— |
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$ |
0.040760 |
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November 1-30, 2016 |
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December 1, 2016 |
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$ |
0.049180 |
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$ |
0.009735 |
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$ |
— |
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$ |
0.039445 |
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(a) |
Distributions paid based on 2015 record dates reflect a 365-day year, and those paid based on 2016 record dates reflect a 366-day year. |
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.
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INLAND REAL ESTATE INCOME TRUST, INC. |
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Date: January 24, 2017 |
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By: |
/s/ David Z. Lichterman |
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Name: |
David Z. Lichterman |
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Title |
Vice President, Treasurer and Chief Accounting Officer |
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