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Consolidated Balance Sheets (Current Period Unaudited)

In millions of USD, except per-share amounts
Q1 FY2026
As of Mar 31, 2026
Q4 FY2025
As of Dec 31, 2025
Q3 FY2025
As of Sep 30, 2025
Q2 FY2025
As of Jun 30, 2025
Q1 FY2025
As of Mar 31, 2025
Q4 FY2024
As of Dec 31, 2024
Q3 FY2024
As of Sep 30, 2024
Q2 FY2024
As of Jun 30, 2024
Q1 FY2024
As of Mar 31, 2024
Q4 FY2023
As of Dec 31, 2023
Q3 FY2023
As of Sep 30, 2023
Q2 FY2023
As of Jun 30, 2023
Q1 FY2023
As of Mar 31, 2023
Q4 FY2022
As of Dec 31, 2022
Q3 FY2022
As of Sep 30, 2022
Q2 FY2022
As of Jun 30, 2022
Q1 FY2022
As of Mar 31, 2022
Q4 FY2021
As of Dec 31, 2021
Q3 FY2021
As of Sep 30, 2021
Q2 FY2021
As of Jun 30, 2021
Property
Accumulated depreciation
Total real estate assets
Investment in real estate partnership
Cash and cash equivalents
Restricted cash
Escrows and deposits
Accrued rents and accounts receivable, net of allowance for doubtful accounts
Receivable
Partnership Redemption [Member ]
Related Party
Related Parties
Total receivable
Unamortized lease commissions, legal fees and loan costs
Prepaid expenses and other assets (1)
Finance lease right-of-use assets
Total assets
Liabilities:
Notes payable
Accounts payable and accrued expenses (2)
Payable due to related party
Tenants' security deposits
Dividends and distributions payable (3)
Finance lease liabilities
Total liabilities
Equity:
Preferred shares, $0.001 par value per share; 50,000,000 shares authorized; none issued and outstanding as of March 31, 2026 and December 31, 2025
Common shares, $0.001 par value per share; 400,000,000 shares authorized; 51,393,977 and 51,088,833 issued and outstanding as of March 31, 2026 and December 31, 2025, respectively
Additional paid-in capital
Accumulated deficit
Accumulated other comprehensive income
Total Whitestone REIT shareholders' equity
Noncontrolling interest in subsidiary
Total equity
Total liabilities and equity
(1) Operating lease right-of-use assets (net)
Prepaid Expenses and Other Current Assets
Total (1) Operating lease right-of-use assets (net)
(2) Operating lease liabilities
Accounts Payable and Accrued Liabilities
Total (2) Operating lease liabilities

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