CTO-PA: the balance sheet

MyFinsight

For the quarter ending 2026-03-31, CTO-PA has $1,299,667K in assets. $724,304K in debts. $8,282K in cash and cash equivalents.

Balance Sheets Overview

Debt to Asset Ratio
55.73%
Unit: Thousand (K) dollars
Assets Breakdown
Total real estate, at cost
Less, accumulated depreciation
Intangible lease assets-net
Others
Liabilities Breakdown
Additional paid-in capital
Retained earnings
Intangible lease liabilities-net
Others

Balance Sheets	2026-03-31	2025-12-31	2025-09-30
Land, at cost	278,594	289,012	280,171
Building and improvements, at cost	778,031	766,371	766,444
Other furnishings and equipment, at cost	923	923	919
Construction in process, at cost	4,913	4,091	5,508
Total real estate, at cost	1,062,461	1,060,397	1,053,042
Less, accumulated depreciation	110,422	107,268	108,883
Real estate-net	952,039	953,129	944,159
Land and development costs	-	300	300
Intangible lease assets-net	86,479	84,710	74,552
Assets held for sale-see note 22	72,126	-	-
Investment in alpine income property trust, inc	44,488	41,324	35,022
Current face amount	83,416	108,050	114,011
Unaccreted origination fees	-675	-778	-684
Unaccreted exit fees	-1,209	-1,328	-
Cecl reserve	819	1,140	1,140
Commercial loans and investments	80,713	104,804	112,187
Cash and cash equivalents	8,282	6,467	9,281
Restricted cash	10,587	34,652	8,289
Deferred income taxes-net	2,309	2,309	2,427
Income property tenant receivables, net of allowance for doubtful accounts	3,778	3,936	3,321
Income property straight-line rent adjustment	8,565	8,889	9,054
Income property leasing commissions and costs, net	9,560	9,303	8,526
Operating leases - right-of-use asset	212	241	267
Cash flow hedge - interest rate swap	3,612	2,999	3,867
Infrastructure reimbursement receivables	-	156	326
Prepaid expenses, deposits, and other	14,673	7,614	8,707
Other receivables	1,707	2,379	1,242
Financing costs, net of accumulated amortization	537	690	826
Other assets-see note 10	42,644	36,207	36,136
Total assets	1,299,667	1,263,902	1,222,353

Accounts payable	1,852	1,709	1,850
Accrued property taxes	-	1,236	-
Reserve for tenant improvements	-	1,094	-
Tenant security deposits	-	3,233	-
Accrued construction costs	-	6,926	-
Accrued interest	-	690	-
Environmental reserve	-	40	-
Cash flow hedge - interest rate swaps	-	3,404	-
Operating leases - liability	-	229	-
Construction and other reserves from commercial loans and investments	-	3,031	-
Other	-	8,302	-
Accrued and other liabilities-see note 16	23,386	28,185	30,919
Deferred revenue-see note 17	16,911	18,802	13,361
Intangible lease liabilities-net	32,562	31,486	14,780
Income taxes payable	61	29	27
Current face amount	651,800	618,800	606,800
Financing costs, net of accumulated amortization	2,268	2,455	2,637
Long-term debt-net	649,532	616,345	604,163
Total liabilities	724,304	696,556	665,100
Preferred stock - 100,000,000 shares authorized 0.01 par value, 6.375 series a cumulative redeemable preferred stock, 25.00 per share liquidation preference, 4,713,069 shares issued and outstanding at march 31, 2026 and december 31, 2025	47	47	47
Common stock - 500,000,000 shares authorized 0.01 par value, 33,293,471 shares issued and outstanding at march 31, 2026 and 32,372,291 shares issued and outstanding at december 31, 2025	333	324	327
Additional paid-in capital	396,749	382,494	386,634
Retained earnings	176,442	184,886	170,829
Accumulated other comprehensive income (loss)	1,792	-405	-584
Total stockholders' equity	575,363	567,346	557,253
Total liabilities and stockholders' equity	1,299,667	1,263,902	1,222,353

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

MyFinsight

Balance Sheets Overview

Debt to Asset Ratio
55.73%
Unit: Thousand (K) dollars
Assets Breakdown
Total real estate, at cost
Less, accumulated depreciation
Intangible lease assets-net
Others
Liabilities Breakdown
Additional paid-in capital
Retained earnings
Intangible lease liabilities-net
Others

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Balance Sheets Overview

Debt to Asset Ratio
55.73%
Unit: Thousand (K) dollars
Assets Breakdown
Total real estate, at cost
Less, accumulated depreciation
Intangible lease assets-net
Others
Liabilities Breakdown
Additional paid-in capital
Retained earnings
Intangible lease liabilities-net
Others

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Balance Sheets Overview

Debt to Asset Ratio55.73%Unit: Thousand (K) dollarsAssets BreakdownTotal real estate, at costLess, accumulated depreciationIntangible lease assets-netOthersLiabilities BreakdownAdditional paid-in capitalRetained earningsIntangible lease liabilities-netOthers

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Balance Sheets Overview

Debt to Asset Ratio55.73%Unit: Thousand (K) dollarsAssets BreakdownTotal real estate, at costLess, accumulated depreciationIntangible lease assets-netOthersLiabilities BreakdownAdditional paid-in capitalRetained earningsIntangible lease liabilities-netOthers

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Debt to Asset Ratio
55.73%
Unit: Thousand (K) dollars
Assets Breakdown
Total real estate, at cost
Less, accumulated depreciation
Intangible lease assets-net
Others
Liabilities Breakdown
Additional paid-in capital
Retained earnings
Intangible lease liabilities-net
Others

Debt to Asset Ratio
55.73%
Unit: Thousand (K) dollars
Assets Breakdown
Total real estate, at cost
Less, accumulated depreciation
Intangible lease assets-net
Others
Liabilities Breakdown
Additional paid-in capital
Retained earnings
Intangible lease liabilities-net
Others