| Balance Sheets | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 |
|---|---|---|---|---|
| Property owned | 2,261,220 | 2,518,162 | 2,524,020 | 2,536,166 |
| Less accumulated depreciation | 605,402 | 685,769 | 660,124 | 638,217 |
| Total real estate investments | 1,655,818 | 1,832,393 | 1,863,896 | 1,897,949 |
| Cash and cash equivalents | 8,560 | 7,555 | 12,833 | 12,896 |
| Restricted cash | 1,883 | 2,710 | 2,818 | 52,943 |
| Other assets | 38,993 | 44,928 | 46,620 | 47,516 |
| Assets held for sale, net | 135,111 | - | - | 86,302 |
| Total assets | 1,840,365 | 1,887,586 | 1,926,167 | 2,097,606 |
| Accounts payable and accrued expenses | 51,370 | 55,872 | 59,247 | 66,124 |
| Revolving lines of credit | 176,000 | 150,429 | 154,925 | 222,500 |
| Notes payable, net | 299,608 | 299,594 | 299,579 | 299,564 |
| Mortgages payable, net | 513,975 | 565,611 | 566,660 | 622,074 |
| Liabilities held for sale, net | 1,460 | - | - | 420 |
| Total liabilities | 1,042,413 | 1,071,506 | 1,080,411 | 1,210,682 |
| Series d preferred units (cumulative convertible preferred units, 100 par value, 59 units issued and outstanding at june30, 2026 and december31, 2025, aggregate liquidation preference of 5,940 at june30, 2026) | 5,940 | 5,940 | 5,940 | 5,940 |
| Common shares of beneficial interest (unlimited authorization, no par value, 16,792 shares issued and outstanding at june30, 2026 and 16,761 shares issued and outstanding at december31, 2025) | 1,369,753 | 1,370,461 | 1,368,834 | 1,366,980 |
| Accumulated distributions in excess of net income | -689,530 | -675,493 | -649,678 | -618,341 |
| Accumulated other comprehensive loss | - | - | 0 | 0 |
| Total shareholders equity | 680,223 | 694,968 | 719,156 | 748,639 |
| Noncontrolling interests operating partnership and series e preferred units | - | - | 120,660 | 128,038 |
| Noncontrolling interests consolidated real estate entities | - | - | 0 | 4,307 |
| Noncontrolling interests operating partnership and series e preferred units | 111,789 | 115,172 | - | - |
| Total equity | 792,012 | 810,140 | 839,816 | 880,984 |
| Total liabilities, mezzanine equity, and equity | 1,840,365 | 1,887,586 | 1,926,167 | 2,097,606 |
CENTERSPACE (CSR)
CENTERSPACE (CSR)