| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Revenue | 71,399 | 68,549 | 67,093 | 65,025 |
| Property operating expenses, excluding real estate taxes | 21,210 | 18,853 | 19,068 | 19,628 |
| Real estate taxes | 7,165 | 7,678 | 7,663 | 7,031 |
| Property management expense | 2,489 | 2,393 | 2,433 | 2,242 |
| Casualty loss (gain) | -127 | -399 | -532 | 412 |
| Depreciation and amortization | 29,056 | 27,097 | 27,654 | 26,084 |
| Impairment of real estate investments | 8,676 | 14,543 | - | - |
| General and administrative expenses | 4,997 | 4,382 | 4,997 | 4,102 |
| Total expenses | 73,720 | 75,345 | 62,347 | 58,675 |
| Gain (loss) on sale of real estate and other investments | 79,531 | 0 | - | - |
| Operating income | 77,210 | -6,796 | 4,746 | 6,350 |
| Interest expense | 12,989 | 10,724 | 9,635 | 8,946 |
| Loss on extinguishment of debt | -3 | - | - | - |
| Interest and other income | 1,190 | 735 | 708 | 645 |
| Net income (loss) | 65,408 | -16,785 | -4,181 | -1,951 |
| Distributions to series d preferred unitholders | 109 | 160 | 160 | 160 |
| Net (income) loss attributable to noncontrolling interests operating partnership and series e preferred units | 9,197 | -2,483 | -643 | -1,095 |
| Net income attributable to noncontrolling interests consolidated real estate entities | 2,319 | 53 | 36 | 32 |
| Net income (loss) attributable to controlling interests | 53,783 | -14,515 | -3,734 | -1,048 |
| Distributions to preferred shareholders | 0 | 0 | - | 1,607 |
| Redemption of preferred shares | 0 | - | - | -3,511 |
| Net income (loss) available to common shareholders | 53,783 | -14,515 | -3,734 | -6,166 |
| Net income (loss) per common share basic (in dollars per share) | 3.22 | -0.87 | -0.22 | -0.4 |
| Net income (loss) per common share diluted (in dollars per share) | 3.19 | -0.87 | -0.22 | -0.4 |
| Weighted average shares - basic (in shares) | 16,726,000 | 16,741,000 | 16,727,000 | 15,528,000 |
| Weighted average shares - diluted (in shares) | 19,771,000 | 16,741,000 | 16,727,000 | 15,528,000 |
CENTERSPACE (CSR)
CENTERSPACE (CSR)