| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Land | 822,795 | 781,117 | 778,177 | 784,092 |
| Land Improvements | 381,795 | 373,405 | 359,210 | 360,774 |
| Building Improvements | 4,173,302 | 4,118,578 | 3,954,112 | 3,871,441 |
| Machinery And Equipment | 15,324 | 15,281 | 16,070 | 16,070 |
| Total accounted for using the operating method | 5,393,216 | 5,288,381 | 5,107,569 | 5,032,377 |
| Less accumulated depreciation | 803,658 | 772,589 | 745,326 | 721,195 |
| Accounted for using the operating method, net | 4,589,558 | 4,515,792 | 4,362,243 | 4,311,182 |
| Accounted for using the direct financing method | 25,303 | 25,497 | 25,673 | 25,845 |
| Accounted for using the sales-type method | 14,393 | 14,405 | 14,407 | 569 |
| Property under development | 329,260 | 265,812 | 179,172 | 116,635 |
| Investment in rental property, net | 4,958,514 | 4,821,506 | 4,581,495 | 4,454,231 |
| Cash and cash equivalents | 20,310 | 30,540 | 81,966 | 20,784 |
| Accrued rental income | 184,668 | 178,880 | 174,867 | 172,310 |
| Tenant and other receivables, net | 3,633 | 4,404 | 3,573 | 3,605 |
| Prepaid expenses and other assets | 56,183 | 55,910 | 59,866 | 55,815 |
| Interest rate swap, assets | 19,975 | 18,248 | 19,590 | 23,490 |
| Goodwill | 339,769 | 339,769 | 339,769 | 339,769 |
| Intangible lease assets, net | 261,975 | 268,010 | 258,145 | 256,675 |
| Total assets | 5,845,027 | 5,717,267 | 5,519,271 | 5,326,679 |
| Unsecured revolving credit facility | 397,640 | 266,036 | 95,824 | 197,880 |
| Mortgages, net | 56,197 | 56,689 | 57,168 | 75,685 |
| Unsecured term loans, net | 994,820 | 994,219 | 994,550 | 994,028 |
| Senior unsecured notes, net | 1,191,143 | 1,190,738 | 1,190,315 | 846,441 |
| Interest rate swap, liabilities | 637 | 1,501 | 1,994 | 7,625 |
| Accounts payable and other liabilities | 61,738 | 60,081 | 55,662 | 57,409 |
| Dividends payable | 59,884 | 59,513 | 58,665 | 58,451 |
| Accrued interest payable | 21,759 | 13,502 | 9,488 | 8,542 |
| Intangible lease liabilities, net | 39,860 | 41,527 | 43,096 | 44,797 |
| Total liabilities | 2,823,678 | 2,683,806 | 2,506,762 | 2,290,858 |
| Common stock, 0.00025 par value 500,000 shares authorized, 189,216 and 188,626 shares issued and outstanding at june 30, 2025 and december 31, 2024, respectively | 48 | 48 | 47 | 47 |
| Additional paid-in capital | 3,502,465 | 3,502,380 | 3,463,010 | 3,459,939 |
| Cumulative distributions in excess of retained earnings | 630,951 | 620,221 | 597,571 | 571,302 |
| Accumulated other comprehensive income | 20,898 | 19,788 | 19,172 | 18,009 |
| Total broadstone net lease, inc. equity | 2,892,460 | 2,901,995 | 2,884,658 | 2,906,693 |
| Non-controlling interests | 128,889 | 131,466 | 127,851 | 129,128 |
| Total equity | 3,021,349 | 3,033,461 | 3,012,509 | 3,035,821 |
| Total liabilities and equity | 5,845,027 | 5,717,267 | 5,519,271 | 5,326,679 |
Broadstone Net Lease, Inc. (BNL)
Broadstone Net Lease, Inc. (BNL)