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Consolidated Balance Sheets

In millions of USD, except per-share amounts
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
Q1 FY2021
As of Mar 31, 2021
Q4 FY2020
As of Dec 31, 2020
Assets
Real estate properties
Land
Building and improvement
Tenant improvement
Furniture, fixtures and equipment
Real estate properties, gross
Accumulated depreciation
Real estate properties, net
Cash and cash equivalents
Restricted cash
Rents receivable, net
Deferred leasing costs, net
Acquired lease intangible assets, net
Other assets
Assets held for sale
Total Assets
Liabilities and Equity
Liabilities:
Debt
Accounts payable and accrued liabilities
Deferred rent
Tenant rent deposits
Acquired lease intangible liabilities, net
Other liabilities
Liabilities related to assets held for sale
Total Liabilities
Equity:
6.625% Series A Preferred stock, $0.01 par value per share, 5,600,000 shares authorized, 4,480,000 issued and outstanding as of September 30, 2025 and December 31, 2024
Common stock, $0.01 par value, 100,000,000 shares authorized, 40,363,640 and 40,154,055 shares issued and outstanding as of September 30, 2025 and December 31, 2024
Additional paid-in capital
Retained earnings
Accumulated other comprehensive loss
Total Stockholders' Equity
Non-controlling interests in properties
Total Equity
Total Liabilities and Equity

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