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$IIPBP
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Consolidated Balance Sheets

In millions of USD, except per-share amounts
Q2 FY2026
As of Jun 30, 2026
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
Assets
Real estate, at cost:
Land
Buildings and improvements
Construction in progress
Total real estate, at cost
Less accumulated depreciation
Net real estate held for investment
Life science investments
Construction loan receivable
Loans receivable
Cash and cash equivalents
Investments
Right of use office lease asset
Restricted cash
In-place lease intangible assets, net
Other assets, net
Total assets
Liabilities and stockholders’ equity
Liabilities:
Exchangeable Senior Notes, net
Notes due 2026, net
Exchangeable notes, net
Term loans, net
Revolving credit facilities
Building improvements and construction funding payable
Accounts payable and accrued expenses
Dividends payable
Rent received in advance and tenant security deposits
Other liabilities
Total liabilities
Stockholders’ equity:
Preferred stock, par value $0.001 per share, 50,000,000 shares authorized: 9.00% Series A cumulative redeemable preferred stock, liquidation preference of $25.00 per share, 5,666,082 and 2,019,525 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively
Common stock, par value $0.001 per share, 50,000,000 shares authorized: 27,571,349 and 28,022,975 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively
Additional paid-in capital
Dividends in excess of earnings
Total stockholders’ equity
Total liabilities and stockholders’ equity

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