| Market Capitalization (Millions $) |
5 |
| Shares
Outstanding (Millions) |
1 |
| Employees |
3 |
| Revenues (TTM) (Millions $) |
54 |
| Net Income (TTM) (Millions $) |
-7 |
| Cash Flow (TTM) (Millions $) |
2 |
| Capital Exp. (TTM) (Millions $) |
3 |
Business Description
Portsmouths main business is Justice, which it owns in both general and limited partnership. Portsmouth owns about 99.3 percent of Justices voting stock and is the companys sole general partner.
With an effective takeover date of February 3, 2017, Justice entered into a Hotel management agreement ("HMA") with Interstate Management Company, LLC ("Interstate") to operate the Hotel and its five-level parking garage. The management agreement has a ten-year duration that begins on the takeover date and automatically renews for subsequent one-year intervals, up to a maximum of five years in total, subject to specific criteria. The base management fee due to Interstate under the HMA is one and seven-tenths of one percent (1.70 percent) of total Hotel income.
Company Address: 1516 S. Bundy Dr. Los Angeles 90025 CA
Company Phone Number: 889-2500 Stock Exchange / Ticker: PRSI
|
0.000%
87.43 %