$CUZ
Cousins Properties Inc Stock $cuz

$cuz Overview Financials Valuation SEC Filings Company Website

2024 Q2 Form 10-Q Financial Statement

#000002523224000024 Filed on April 25, 2024

Income Statement

Concept	2024 Q2	2024 Q1
Revenue	$213.0M	$209.2M
YoY Change	4.24%	3.21%
Cost Of Revenue	$70.63M	$71.08M
YoY Change	4.53%	-0.19%
Gross Profit	$142.3M	$138.2M
YoY Change	4.09%	5.06%
Gross Profit Margin	66.84%	66.03%
Selling, General & Admin	$9.058M	$9.354M
YoY Change	10.73%	8.2%
% of Gross Profit	6.36%	6.77%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$95.42M	$86.23M
YoY Change	18.87%	13.8%
% of Gross Profit	67.03%	62.41%
Operating Expenses	$104.5M	$95.58M
YoY Change	18.12%	13.23%
Operating Profit	$141.3M	$138.6M
YoY Change	192.6%	6.52%
Interest Expense	$29.74M	$28.91M
YoY Change	-214.52%	15.49%
% of Operating Profit	21.05%	20.85%
Other Income/Expense, Net
YoY Change
Pretax Income	$7.522M	$13.10M
YoY Change	-66.31%	-39.57%
Income Tax
% Of Pretax Income
Net Earnings	$7.840M	$13.29M
YoY Change	-65.34%	-40.13%
Net Earnings / Revenue	3.68%	6.35%
Basic Earnings Per Share	$0.05	$0.09
Diluted Earnings Per Share	$0.05	$0.09
COMMON SHARES
Basic Shares Outstanding	152.1M shares	151.8M shares
Diluted Shares Outstanding	152.6M shares	152.4M shares

Balance Sheet

Concept	2024 Q2	2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$5.954M	$5.452M
YoY Change	-25.86%	52.08%
Cash & Equivalents	$5.954M	$5.452M
Short-Term Investments
Other Short-Term Assets	$14.36M	$14.82M
YoY Change	-13.7%	25.78%
Inventory
Prepaid Expenses
Receivables	$16.35M	$8.135M
Other Receivables	$221.3M	$217.9M
Total Short-Term Assets	$257.9M	$246.3M
YoY Change	10.47%	13.14%
LONG-TERM ASSETS
Property, Plant & Equipment	$7.110B	$7.102B
YoY Change	1.08%	0.97%
Goodwill	$1.674M	$1.674M
YoY Change	0.0%	0.0%
Intangibles
YoY Change
Long-Term Investments	$160.9M	$155.2M
YoY Change	15.74%	13.52%
Other Assets	$73.22M	$73.61M
YoY Change	8.73%	13.58%
Total Long-Term Assets	$7.443B	$7.437B
YoY Change	1.09%	0.97%
TOTAL ASSETS
Total Short-Term Assets	$257.9M	$246.3M
Total Long-Term Assets	$7.443B	$7.437B
Total Assets	$7.701B	$7.683B
YoY Change	1.38%	1.32%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$236.8M	$216.8M
YoY Change	-1.98%	5.74%
Accrued Expenses	$49.90M	$49.85M
YoY Change	-6.42%	-6.35%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$286.7M	$266.6M
YoY Change	-2.78%	3.25%
LONG-TERM LIABILITIES
Long-Term Debt	$2.587B	$2.563B
YoY Change	6.72%	4.67%
Other Long-Term Liabilities	$349.6M	$338.1M
YoY Change	28.14%	32.7%
Total Long-Term Liabilities	$2.936B	$2.901B
YoY Change	8.89%	7.31%
TOTAL LIABILITIES
Total Short-Term Liabilities	$286.7M	$266.6M
Total Long-Term Liabilities	$2.936B	$2.901B
Total Liabilities	$3.223B	$3.168B
YoY Change	6.92%	6.96%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock	$5.653B	$5.648B
YoY Change	-2.35%	-2.37%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$4.454B	$4.491B
YoY Change
Total Liabilities & Shareholders Equity	$7.701B	$7.683B
YoY Change	1.38%	1.32%

Cashflow Statement

Concept	2024 Q2	2024 Q1
OPERATING ACTIVITIES
Net Income	$7.840M	$13.29M
YoY Change	-65.34%	-40.13%
Depreciation, Depletion And Amortization	$95.42M	$86.23M
YoY Change	18.87%	13.8%
Cash From Operating Activities	$125.5M	$28.29M
YoY Change	-6.73%	6.79%
INVESTING ACTIVITIES
Capital Expenditures	$91.45M	$72.32M
YoY Change	41.96%	3.51%
Acquisitions
YoY Change
Other Investing Activities	-$5.879M	-$11.63M
YoY Change	-168.42%	-51.49%
Cash From Investing Activities	-$97.32M	-$83.95M
YoY Change	74.34%	-10.54%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-27.69M	$55.06M
YoY Change	-62.74%	-16.31%
NET CHANGE
Cash From Operating Activities	125.5M	$28.29M
Cash From Investing Activities	-97.32M	-$83.95M
Cash From Financing Activities	-27.69M	$55.06M
Net Change In Cash	502.0K	-$595.0K
YoY Change	-88.71%	-61.86%
FREE CASH FLOW
Cash From Operating Activities	$125.5M	$28.29M
Capital Expenditures	$91.45M	$72.32M
Free Cash Flow	$34.07M	-$44.03M
YoY Change	-51.44%	1.51%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2024Q1	us-gaap	Accounts And Notes Receivable Net AccountsAndNotesReceivableNet	8135000	usd
CY2023Q4	us-gaap	Accounts And Notes Receivable Net AccountsAndNotesReceivableNet	11109000	usd
CY2024Q1	us-gaap	Deferred Rent Receivables Net DeferredRentReceivablesNet	217926000	usd
CY2023Q4	us-gaap	Deferred Rent Receivables Net DeferredRentReceivablesNet	209370000	usd
CY2024Q1	us-gaap	Equity Method Investments EquityMethodInvestments	155210000	usd
CY2023Q4	us-gaap	Equity Method Investments EquityMethodInvestments	143831000	usd
CY2024Q1	us-gaap	Intangible Assets Net Including Goodwill IntangibleAssetsNetIncludingGoodwill	105559000	usd
CY2023Q4	us-gaap	Intangible Assets Net Including Goodwill IntangibleAssetsNetIncludingGoodwill	110667000	usd
CY2024Q1	us-gaap	Other Assets OtherAssets	98761000	usd
CY2023Q4	us-gaap	Other Assets OtherAssets	90745000	usd
CY2024Q1	us-gaap	Assets Assets	7682981000	usd
CY2023Q4	us-gaap	Assets Assets	7634474000	usd
CY2024Q1	us-gaap	Long Term Debt LongTermDebt	2563332000	usd
CY2023Q4	us-gaap	Long Term Debt LongTermDebt	2457627000	usd
CY2024Q1	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	216790000	usd
CY2023Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	299767000	usd
CY2023Q4	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	181744000	usd
CY2024Q1	cuz	Intangible Liabilities IntangibleLiabilities	40115000	usd
CY2023Q4	cuz	Intangible Liabilities IntangibleLiabilities	42193000	usd
CY2024Q1	us-gaap	Other Liabilities OtherLiabilities	102045000	usd
CY2023Q4	us-gaap	Other Liabilities OtherLiabilities	104830000	usd
CY2024Q1	us-gaap	Liabilities Liabilities	3168021000	usd
CY2023Q4	us-gaap	Liabilities Liabilities	3086161000	usd
CY2024Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2023Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	1
CY2024Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	1
CY2024Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	300000000	shares
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	300000000	shares
CY2024Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	152071718	shares
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	154335798	shares
CY2024Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	152071718	shares
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	151799215	shares
CY2024Q1	us-gaap	Common Stock Value CommonStockValue	152072000	usd
CY2023Q4	us-gaap	Common Stock Value CommonStockValue	154336000	usd
CY2023Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	5638709000	usd
CY2023Q4	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	2536583	shares
CY2023Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	2192000	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	4524151000	usd
CY2023Q4	us-gaap	Minority Interest MinorityInterest	24162000	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	4548313000	usd
CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	7634474000	usd
CY2024Q1	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	245739000	usd
CY2024Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	5496371000	usd
CY2023Q4	us-gaap	Accumulated Distributions In Excess Of Net Income AccumulatedDistributionsInExcessOfNetIncome	1125390000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	13451000	usd
CY2023Q1	cuz	Amortization Of Stock Based Compensation Net Of Forfeitures AmortizationOfStockBasedCompensationNetOfForfeitures	-3124000	usd
CY2023Q1	us-gaap	Noncontrolling Interest Increase From Subsidiary Equity Issuance NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance	738000	usd
CY2023Q1	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	165000	usd
CY2023Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.32
CY2023Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	48598000	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	4621036000	usd
CY2024Q1	us-gaap	Treasury Stock Common Value TreasuryStockCommonValue	0	usd
CY2023Q4	us-gaap	Treasury Stock Common Value TreasuryStockCommonValue	145696000	usd
CY2024Q1	us-gaap	Accumulated Distributions In Excess Of Net Income AccumulatedDistributionsInExcessOfNetIncome	1160759000	usd
CY2024Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	3187000	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	4490871000	usd
CY2024Q1	us-gaap	Minority Interest MinorityInterest	24089000	usd
CY2024Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	4514960000	usd
CY2024Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	7682981000	usd
CY2024Q1	us-gaap	Revenues Revenues	209241000	usd
CY2023Q1	us-gaap	Revenues Revenues	202728000	usd
CY2024Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	71075000	usd
CY2023Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	71213000	usd
CY2024Q1	cuz	Reimbursed Expenses ReimbursedExpenses	140000	usd
CY2023Q1	cuz	Reimbursed Expenses ReimbursedExpenses	207000	usd
CY2024Q1	us-gaap	Other General And Administrative Expense OtherGeneralAndAdministrativeExpense	9214000	usd
CY2023Q1	us-gaap	Other General And Administrative Expense OtherGeneralAndAdministrativeExpense	8438000	usd
CY2024Q1	us-gaap	Interest Expense InterestExpense	28908000	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	25030000	usd
CY2024Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	86230000	usd
CY2023Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	75770000	usd
CY2024Q1	us-gaap	Other Nonoperating Expense OtherNonoperatingExpense	672000	usd
CY2023Q1	us-gaap	Other Nonoperating Expense OtherNonoperatingExpense	385000	usd
CY2024Q1	us-gaap	Costs And Expenses CostsAndExpenses	196239000	usd
CY2023Q1	us-gaap	Costs And Expenses CostsAndExpenses	181043000	usd
CY2024Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	348000	usd
CY2023Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	673000	usd
CY2024Q1	us-gaap	Gain Loss On Disposition Of Real Estate Discontinued Operations GainLossOnDispositionOfRealEstateDiscontinuedOperations	101000	usd
CY2023Q1	us-gaap	Gain Loss On Disposition Of Real Estate Discontinued Operations GainLossOnDispositionOfRealEstateDiscontinuedOperations	-2000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	13451000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	22356000	usd
CY2024Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	163000	usd
CY2023Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	160000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	13288000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	22196000	usd
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.09
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.09
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.15
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.15
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	151945000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	151579000	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	152385000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	151880000	shares
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	13288000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	22196000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	2705000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	-1041000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	1710000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	189000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	995000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-1230000	usd
CY2024Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	14283000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	20966000	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	4548313000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	995000	usd
CY2024Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	-2812000	usd
CY2024Q1	cuz	Amortization Of Stock Based Compensation Net Of Forfeitures AmortizationOfStockBasedCompensationNetOfForfeitures	-3902000	usd
CY2024Q1	us-gaap	Treasury Stock Retired Cost Method Amount TreasuryStockRetiredCostMethodAmount	0	usd
CY2024Q1	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	236000	usd
CY2024Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.32
CY2024Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	48653000	usd
CY2024Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	4514960000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	4646949000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	22356000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-1230000	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	-2138000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	13451000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	22356000	usd
CY2024Q1	us-gaap	Gain Loss On Sale Of Investments GainLossOnSaleOfInvestments	101000	usd
CY2023Q1	us-gaap	Gain Loss On Sale Of Investments GainLossOnSaleOfInvestments	-2000	usd
CY2024Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	86230000	usd
CY2023Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	75770000	usd
CY2024Q1	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	1039000	usd
CY2023Q1	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	1021000	usd
CY2024Q1	cuz	Net Amortization Of Stock Options And Restricted Stock NetAmortizationOfStockOptionsAndRestrictedStock	4338000	usd
CY2023Q1	cuz	Net Amortization Of Stock Options And Restricted Stock NetAmortizationOfStockOptionsAndRestrictedStock	3559000	usd
CY2024Q1	us-gaap	Straight Line Rent StraightLineRent	15984000	usd
CY2023Q1	us-gaap	Straight Line Rent StraightLineRent	11193000	usd
CY2024Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	348000	usd
CY2023Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	673000	usd
CY2024Q1	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	787000	usd
CY2023Q1	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	1299000	usd
CY2024Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	5614000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	8407000	usd
CY2024Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-55506000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-57240000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	28292000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	26494000	usd
CY2024Q1	cuz	Payments To Acquire And Develop Real Estate And Tenant Asset Expenditures PaymentsToAcquireAndDevelopRealEstateAndTenantAssetExpenditures	72317000	usd
CY2023Q1	cuz	Payments To Acquire And Develop Real Estate And Tenant Asset Expenditures PaymentsToAcquireAndDevelopRealEstateAndTenantAssetExpenditures	69863000	usd
CY2024Q1	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	11634000	usd
CY2023Q1	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	23984000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-83951000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-93847000	usd
CY2024Q1	us-gaap	Proceeds From Unsecured Lines Of Credit ProceedsFromUnsecuredLinesOfCredit	171200000	usd
CY2023Q1	us-gaap	Proceeds From Unsecured Lines Of Credit ProceedsFromUnsecuredLinesOfCredit	165000000	usd
CY2024Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	64100000	usd
CY2023Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	49300000	usd
CY2024Q1	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	2113000	usd
CY2023Q1	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	2041000	usd
CY2024Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	0	usd
CY2023Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	32000	usd
CY2024Q1	cuz	Repurchase Of Shares Withheld For Taxes On Restricted Stock Vestings RepurchaseOfSharesWithheldForTaxesOnRestrictedStockVestings	1111000	usd
CY2023Q1	cuz	Repurchase Of Shares Withheld For Taxes On Restricted Stock Vestings RepurchaseOfSharesWithheldForTaxesOnRestrictedStockVestings	0	usd
CY2024Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	48576000	usd
CY2023Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	48407000	usd
CY2024Q1	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	0	usd
CY2023Q1	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	738000	usd
CY2024Q1	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	236000	usd
CY2023Q1	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	165000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	55064000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	65793000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-595000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-1560000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	6047000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	5145000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	5452000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	3585000	usd
CY2024Q1	cuz	Distribution Of Taxable Income To Qualify As Reit Minimum DistributionOfTaxableIncomeToQualifyAsREITMinimum	1
CY2024Q1	cuz	Companys Portfolio Of Real Estate Assets Consist Office Space CompanysPortfolioOfRealEstateAssetsConsistOfficeSpace	18800000	sqft
CY2024Q1	cuz	Companys Portfolio Of Real Estate Assets Consist Retail Space CompanysPortfolioOfRealEstateAssetsConsistRetailSpace	310000	sqft
CY2024Q1	us-gaap	Goodwill Goodwill	1674000	usd
CY2023Q4	us-gaap	Goodwill Goodwill	1674000	usd
CY2024Q1	us-gaap	Intangible Assets Net Including Goodwill IntangibleAssetsNetIncludingGoodwill	105559000	usd
CY2023Q4	us-gaap	Intangible Assets Net Including Goodwill IntangibleAssetsNetIncludingGoodwill	110667000	usd
CY2024Q1	cuz	Predevelopment Costs PredevelopmentCosts	57394000	usd
CY2023Q4	cuz	Predevelopment Costs PredevelopmentCosts	56600000	usd
CY2024Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	14818000	usd
CY2023Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	8704000	usd
CY2024Q1	cuz	Accumulated Amortization Incentives To Lessees AccumulatedAmortizationIncentivesToLessees	6460000	usd
CY2023Q4	cuz	Accumulated Amortization Incentives To Lessees AccumulatedAmortizationIncentivesToLessees	5860000	usd
CY2024Q1	us-gaap	Incentive To Lessee IncentiveToLessee	12254000	usd
CY2023Q4	us-gaap	Incentive To Lessee IncentiveToLessee	10537000	usd
CY2024Q1	cuz	Furniture Fixture And Equipment And Leasehold Improvements Accumulated Depreciation FurnitureFixtureAndEquipmentAndLeaseholdImprovementsAccumulatedDepreciation	18937000	usd
CY2023Q4	cuz	Furniture Fixture And Equipment And Leasehold Improvements Accumulated Depreciation FurnitureFixtureAndEquipmentAndLeaseholdImprovementsAccumulatedDepreciation	18564000	usd
CY2024Q1	cuz	Furniture Fixture And Equipment And Leasehold Improvements FurnitureFixtureAndEquipmentAndLeaseholdImprovements	10331000	usd
CY2023Q4	cuz	Furniture Fixture And Equipment And Leasehold Improvements FurnitureFixtureAndEquipmentAndLeaseholdImprovements	10631000	usd
CY2024Q1	us-gaap	Accumulated Amortization Deferred Finance Costs AccumulatedAmortizationDeferredFinanceCosts	2452000	usd
CY2023Q4	us-gaap	Accumulated Amortization Deferred Finance Costs AccumulatedAmortizationDeferredFinanceCosts	2131000	usd
CY2024Q1	us-gaap	Debt Issuance Costs Line Of Credit Arrangements Net DebtIssuanceCostsLineOfCreditArrangementsNet	3964000	usd
CY2023Q4	us-gaap	Debt Issuance Costs Line Of Credit Arrangements Net DebtIssuanceCostsLineOfCreditArrangementsNet	4273000	usd
CY2024Q1	us-gaap	Other Assets OtherAssets	98761000	usd
CY2023Q4	us-gaap	Other Assets OtherAssets	90745000	usd
CY2024Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	2567055000	usd
CY2023Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	2462068000	usd
CY2024Q1	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	3723000	usd
CY2023Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	4441000	usd
CY2024Q1	us-gaap	Long Term Debt LongTermDebt	2563332000	usd
CY2023Q4	us-gaap	Long Term Debt LongTermDebt	2457627000	usd
CY2024Q1	cuz	Debt Instrument Weighted Average Maturity Period DebtInstrumentWeightedAverageMaturityPeriod	P2Y9M18D
CY2024Q1	us-gaap	Notes Payable Fair Value Disclosure NotesPayableFairValueDisclosure	2500000000	usd
CY2023Q4	us-gaap	Notes Payable Fair Value Disclosure NotesPayableFairValueDisclosure	2400000000	usd
CY2024Q1	us-gaap	Interest Costs Incurred InterestCostsIncurred	32614000	usd
CY2023Q1	us-gaap	Interest Costs Incurred InterestCostsIncurred	30121000	usd
CY2024Q1	us-gaap	Interest Costs Incurred Capitalized InterestCostsIncurredCapitalized	3706000	usd
CY2023Q1	us-gaap	Interest Costs Incurred Capitalized InterestCostsIncurredCapitalized	5091000	usd
CY2024Q1	us-gaap	Interest Expense Debt InterestExpenseDebt	28908000	usd
CY2023Q1	us-gaap	Interest Expense Debt InterestExpenseDebt	25030000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	2705000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	-1041000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	1710000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	189000	usd
CY2024Q1	us-gaap	Interest Expense InterestExpense	28908000	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	25030000	usd
CY2024Q1	us-gaap	Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths	3200000	usd
CY2024Q1	cuz	Operating And Finance Lease Liability OperatingAndFinanceLeaseLiability	49846000	usd
CY2023Q4	cuz	Operating And Finance Lease Liability OperatingAndFinanceLeaseLiability	53348000	usd
CY2024Q1	us-gaap	Advance Rent AdvanceRent	34566000	usd
CY2023Q4	us-gaap	Advance Rent AdvanceRent	34872000	usd
CY2024Q1	us-gaap	Lease Deposit Liability LeaseDepositLiability	15804000	usd
CY2023Q4	us-gaap	Lease Deposit Liability LeaseDepositLiability	15050000	usd
CY2024Q1	us-gaap	Other Sundry Liabilities OtherSundryLiabilities	1829000	usd
CY2023Q4	us-gaap	Other Sundry Liabilities OtherSundryLiabilities	1560000	usd
CY2024Q1	us-gaap	Other Liabilities OtherLiabilities	102045000	usd
CY2023Q4	us-gaap	Other Liabilities OtherLiabilities	104830000	usd
CY2024Q1	cuz	Outstanding Performance Bonds OutstandingPerformanceBonds	1100000	usd
CY2024Q1	cuz	Outstanding Commitments To Fund Real Estate Projects OutstandingCommitmentsToFundRealEstateProjects	111300000	usd
CY2021Q3	cuz	Sale Of Stock Number Of Participating Financial Institutions SaleOfStockNumberOfParticipatingFinancialInstitutions	6	financial_institution
CY2024Q1	us-gaap	Treasury Stock Shares Retired TreasuryStockSharesRetired	2536583	shares
CY2024Q1	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	57.44
CY2024Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	4318000	usd
CY2023Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	3572000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	13451000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	22356000	usd
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	13288000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	22196000	usd
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	151945000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	151579000	shares
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.09
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.15
CY2024Q1	us-gaap	Profit Loss ProfitLoss	13451000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	22356000	usd
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	13290000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	22200000	usd
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	151945000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	151579000	shares
CY2024Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	25000	shares
CY2023Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	25000	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	152385000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	151880000	shares
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.09
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.15
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.15
CY2024Q1	us-gaap	Interest Paid Net InterestPaidNet	37331000	usd
CY2023Q1	us-gaap	Interest Paid Net InterestPaidNet	33219000	usd
CY2024Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	0	usd
CY2023Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	0	usd
CY2024Q1	cuz	Retirement Of Treasury Stock RetirementOfTreasuryStock	145696000	usd
CY2023Q1	cuz	Retirement Of Treasury Stock RetirementOfTreasuryStock	0	usd
CY2024Q1	cuz	Tenant Improvements Funded By Tenants TenantImprovementsFundedByTenants	66427000	usd
CY2023Q1	cuz	Tenant Improvements Funded By Tenants TenantImprovementsFundedByTenants	26943000	usd
CY2024Q1	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	48653000	usd
CY2023Q1	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	48600000	usd
CY2024Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	87254000	usd
CY2023Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	85399000	usd
CY2024Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	138625000	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	130136000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	13451000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	22356000	usd
CY2024Q1	us-gaap	Other General And Administrative Expense OtherGeneralAndAdministrativeExpense	9214000	usd
CY2023Q1	us-gaap	Other General And Administrative Expense OtherGeneralAndAdministrativeExpense	8438000	usd
CY2024Q1	us-gaap	Interest Expense InterestExpense	28908000	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	25030000	usd
CY2024Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	86230000	usd
CY2023Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	75770000	usd
CY2024Q1	cuz	Reimbursed Expenses ReimbursedExpenses	140000	usd
CY2023Q1	cuz	Reimbursed Expenses ReimbursedExpenses	207000	usd
CY2024Q1	us-gaap	Other Nonoperating Expense OtherNonoperatingExpense	672000	usd
CY2023Q1	us-gaap	Other Nonoperating Expense OtherNonoperatingExpense	385000	usd
CY2024Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	348000	usd
CY2023Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	673000	usd
CY2024Q1	cuz	Net Operating Income From Unconsolidated Joint Ventures NetOperatingIncomeFromUnconsolidatedJointVentures	1352000	usd
CY2023Q1	cuz	Net Operating Income From Unconsolidated Joint Ventures NetOperatingIncomeFromUnconsolidatedJointVentures	1409000	usd
CY2024Q1	us-gaap	Gain Loss On Disposition Of Real Estate Discontinued Operations GainLossOnDispositionOfRealEstateDiscontinuedOperations	101000	usd
CY2023Q1	us-gaap	Gain Loss On Disposition Of Real Estate Discontinued Operations GainLossOnDispositionOfRealEstateDiscontinuedOperations	-2000	usd
CY2024Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	138625000	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	130136000	usd

Files In Submission

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$CUZ
Cousins Properties Inc Stock $cuz

2024 Q2 Form 10-Q Financial Statement

#000002523224000024 Filed on April 25, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

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$CUZ Cousins Properties Inc Stock $cuz

2024 Q2 Form 10-Q Financial Statement

#000002523224000024 Filed on April 25, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CUZ
Cousins Properties Inc Stock $cuz