BNL: the balance sheet

MyFinsight

For the year ending 2025-12-31, BNL has $5,717,267K in assets. $2,683,806K in debts. $30,540K in cash and cash equivalents.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-12-31
Land	781,117
Land Improvements	373,405
Building Improvements	4,118,578
Machinery And Equipment	15,281
Total accounted for using the operating method	5,288,381
Less accumulated depreciation	772,589
Accounted for using the operating method, net	4,515,792
Accounted for using the direct financing method	25,497
Accounted for using the sales-type method	14,405
Property under development	265,812
Investment in rental property, net	4,821,506
Cash and cash equivalents	30,540
Accrued rental income	178,880
Tenant and other receivables, net	4,404
Prepaid expenses and other assets	55,910
Interest rate swap, assets	18,248
Goodwill	339,769
Intangible lease assets, net	268,010
Total assets	5,717,267

Unsecured revolving credit facility	266,036
Mortgages, net	56,689
Unsecured term loans, net	994,219
Senior unsecured notes, net	1,190,738
Interest rate swap, liabilities	1,501
Accounts payable and other liabilities	60,081
Dividends payable	59,513
Accrued interest payable	13,502
Intangible lease liabilities, net	41,527
Total liabilities	2,683,806
Common stock, 0.00025 par value 500,000 shares authorized, 191,423 and 188,626 shares issued and outstanding at december 31, 2025 and 2024, respectively	48
Additional paid-in capital	3,502,380
Cumulative distributions in excess of retained earnings	620,221
Accumulated other comprehensive income	19,788
Total broadstone net lease, inc. equity	2,901,995
Non-controlling interests	131,466
Total equity	3,033,461
Total liabilities and equity	5,717,267

Unit: Thousand (K) dollars