Whitestone REIT Income Statement

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Financial Statements

Income Statement Balance Sheet Cashflow Statement

Consolidated Statements of Operations and Comprehensive Income (Loss)

In millions of USD; shares in millions, except per-share amounts

	FY2025 12 months to Dec 31, 2025	FY2024 12 months to Dec 31, 2024	FY2023 12 months to Dec 31, 2023	FY2022 12 months to Dec 31, 2022	FY2021 12 months to Dec 31, 2021
Rental(1)
Management, transaction, and other fees
Total revenues
Depreciation and amortization
Operating and maintenance
Real estate taxes
General and administrative
Total operating expenses
Other expenses (income)
Interest expense
Extinguishment of debt cost
Gain on sale of properties
Loss on disposal of assets, net
Gain on loan forgiveness
Gain on partnership redemption
Interest, dividend and other investment income
Equity in earnings of real estate partnership
Total other expenses
Income before equity investment in real estate partnership and income tax
Deficit in earnings of real estate partnership
Provision for income tax
Income from continuing operations
Gain on sale of property from discontinued operations
Net income

Other comprehensive income (loss)
Unrealized gain (loss) on cash flow hedging activities
Comprehensive income
Less: Net income attributable to noncontrolling interests
Less: Comprehensive income (loss) attributable to noncontrolling interests
Comprehensive income attributable to Whitestone REIT
Rental revenues
Recoveries
Bad debt
Net income attributable to Whitestone REIT
Basic Earnings Per Share:
Income from continuing operations attributable to Whitestone REIT, excluding amounts attributable to unvested restricted shares (in dollars per share)
Income from discontinued operations attributable to Whitestone REIT (in dollars per share)
Net income attributable to common shareholders, excluding amounts attributable to unvested restricted shares (in dollars per share)
Diluted Earnings Per Share:
Income from continuing operations attributable to Whitestone REIT, excluding amounts attributable to unvested restricted shares (in dollars per share)
Income from discontinued operations attributable to Whitestone REIT (in dollars per share)
Diluted Earnings Per Share: (in dollars per share)
Weighted average number of common shares outstanding:
Basic (in shares)
Diluted (in shares)

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