The document analyzes the annual financials of a real estate company for 2017. It provides quarterly and annual income statements, balance sheets, common ratios, and notes on key ratios. The analysis shows the company had negative net income for the year due to high expenses, though gross profit margins improved in the second quarter. The company's current ratio indicates it is liquid enough to cover short term obligations but its debt-to-worth ratio suggests it relies heavily on lenders relative to ownership funds.