Revenue
Cost
Profit
| Item | Category | Value | YoY |
|---|---|---|---|
| Rental income | revenue | 779.85M | 2.50% |
| Income (loss) from continuing operations before equity method investments, income taxes, noncontrolling interest | profit | 95.56M | -64.83% |
| Costs and expenses | cost | 566.18M | -0.06% |
| Expense incurred, net | cost | 77.37M | 7.29% |
| Other expenses | cost | 40.79M | 881.42% |
| Amortization of deferred financing costs | cost | 2.15M | 0.05% |
| Net gain (loss) on sales of real estate properties | revenue | 32000 | -1.00% |
| Net income | profit | 93.10M | -64.84% |
| Income (loss) from investments in unconsolidated entities | revenue | 2.04M | -68.15% |
| Provision for income tax | cost | 422000 | 0.00% |
| Net income attributable to controlling interests | profit | 90.08M | -64.89% |
| Net income attributable to noncontrolling interests | cost | 1.95M | -72.50% |
| Allocation of net income loss to noncontrolling interests partially owned properties | cost | 1.07M | -3.17% |
| Net income (loss) available to common stockholders, basic | profit | 89.72M | -64.98% |
| Preferred stock dividends, income statement impact | cost | 356000 | 0.00% |
| Item | Category | Value | YoY |
|---|---|---|---|
| Depreciable property | assets | 24.83B | |
| Land | assets | 5.57B | |
| Projects under development | assets | 85.97M | |
| Land held for development | assets | 57.92M | |
| Real estate investment property, at cost | assets | 30.55B | |
| Real estate investment property, net | assets | 19.28B | |
| Real estate investment property, accumulated depreciation | assets | 11.26B | |
| Right-of-use assets | assets | 452.32M | |
| Investments in and advance to affiliates, subsidiaries, associates, and joint ventures | assets | 325.57M | |
| Other assets | assets | 319.05M | |
| Restricted deposits | assets | 104.43M | |
| Cash and cash equivalents | assets | 34.68M | |
| Total assets | assets | 20.52B | |
| Equity, including portion attributable to noncontrolling interest | liabilities | 10.86B | |
| Liabilities | liabilities | 9.50B | |
| Redeemable noncontrolling interests – operating partnership | liabilities | 165.42M | |
| Partially owned properties | liabilities | 1.58M | |
| Equity, attributable to noncontrolling interest | liabilities | 185.55M | |
| Equity, attributable to parent | equity | 10.67B | |
| Notes, net | liabilities | 6.00B | |
| Mortgage notes payable, net | liabilities | 1.59B | |
| Line of credit and commercial paper | liabilities | 748.42M | |
| Other liabilities | liabilities | 306.19M | |
| Lease liabilities | liabilities | 303.81M | |
| Distributions payable | liabilities | 269.39M | |
| Accounts payable and accrued expenses | liabilities | 141.57M | |
| Security deposits | liabilities | 82.31M | |
| Accrued interest payable | liabilities | 52.48M | |
| Operating partnership | liabilities | 187.14M | |
| Paid in capital | liabilities | 9.85B | |
| Retained earnings | liabilities | 800.70M | |
| Preferred shares of beneficial interest, $0.01 par value; 100,000,000 shares authorized;343,100 shares issued and outstanding as of march 31,2026 and december 31,2025 | liabilities | 17.16M | |
| Common shares of beneficial interest, $0.01 par value; 1,000,000,000 shares authorized; 374,674,719 shares issued and outstanding as of march 31,2026 and 377,806,173 shares issued and outstanding as of december 31,2025 | liabilities | 3.75M | |
| Accumulated other comprehensive income (loss) | liabilities | 2.46M |
| Item | Value |
|---|---|
| Depreciation | 247.50M |
| Net income | 93.10M |
| Increase (decrease) in accounts payable and accrued expenses | 31.61M |
| Increase (decrease) in other operating assets | 31.23M |
| Compensation paid with company common shares | 9.60M |
| Amortization of right-of-use assets | 3.19M |
| Amortization of deferred financing costs | 2.15M |
| Income (loss) from investments in unconsolidated entities | 2.04M |
| Distributions from unconsolidated entities – return on capital | 1.51M |
| Amortization of discounts and premiums on debt | 1.30M |
| Write-off of pursuit costs | 954000 |
| Amortization of deferred settlements on derivative instruments | 282000 |
| Increase (decrease) in security deposits | 151000 |
| Net gain (loss) on sales of real estate properties | 32000 |
| Increase (decrease) in lease liabilities | -616000 |
| Increase (decrease) in other liabilities | -2.14M |
| Increase (decrease) in accrued interest payable | -21.38M |
| Item | Value |
|---|---|
| Non real estate capital additions | -1.26M |
| Investments in unconsolidated entities - development/other | -2.59M |
| Payments of interest capitalized for real estate and unconsolidated entities under development | -2.63M |
| Payments to develop real estate assets | -23.67M |
| Payments for capital expenditures to real estate | -62.00M |
| Item | Value |
|---|---|
| Commercial paper proceeds | 6.86B |
| Proceeds from employee share purchase plan (espp) | 1.09M |
| Line of credit proceeds | 1.00M |
| Proceeds from exercise of options | 425000 |
| Other financing activities, net | -7000 |
| Payments of ordinary dividends, preferred stock and preference stock | -356000 |
| Finance ground lease principal payments | -739000 |
| Repayments of lines of credit | -1.00M |
| Payments of ordinary dividends, noncontrolling interest | -1.86M |
| Distribution made to limited partner, cash distributions paid | -7.12M |
| Payments for repurchase of common stock | -219.38M |
| Payments of ordinary dividends, common stock | -261.92M |
| Repayments of commercial paper | -6.69B |
| Item | Value |
|---|---|
| Cash and cash equivalents, beginning of period | 158.85M |
| Cash and cash equivalents, end of period | 139.11M |
Instantly decode complex 10-K and 10-Q data. Explore interactive Sankey diagrams for income and balance sheets, and intuitive waterfall charts for cash flows.
Search for a company and select a report on the left panel.
Request Stock Support