CTO: the balance sheet

MyFinsight

For the quarter ending 2026-03-31, CTO 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	2025-06-30
Land, at cost	278,594	289,012	280,171	283,759
Building and improvements, at cost	778,031	766,371	766,444	764,952
Other furnishings and equipment, at cost	923	923	919	911
Construction in process, at cost	4,913	4,091	5,508	2,597
Total real estate, at cost	1,062,461	1,060,397	1,053,042	1,052,219
Less, accumulated depreciation	110,422	107,268	108,883	100,206
Real estate-net	952,039	953,129	944,159	952,013
Land and development costs	-	300	300	300
Intangible lease assets-net	86,479	84,710	74,552	81,548
Assets held for sale-see note 22	72,126	-	-	-
Investment in alpine income property trust, inc	44,488	41,324	35,022	34,752
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	106,128
Cash and cash equivalents	8,282	6,467	9,281	8,551
Restricted cash	10,587	34,652	8,289	10,291
Deferred income taxes-net	2,309	2,309	2,427	2,472
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	37,171
Total assets	1,299,667	1,263,902	1,222,353	1,233,226

Accounts payable	1,852	1,709	1,850	2,228
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	23,054
Deferred revenue-see note 17	16,911	18,802	13,361	12,512
Intangible lease liabilities-net	32,562	31,486	14,780	16,005
Income taxes payable	61	29	27	14
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	605,351
Total liabilities	724,304	696,556	665,100	659,164
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	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	329
Additional paid-in capital	396,749	382,494	386,634	390,003
Retained earnings	176,442	184,886	170,829	182,362
Accumulated other comprehensive income (loss)	1,792	-405	-584	1,321
Total stockholders' equity	575,363	567,346	557,253	574,062
Total liabilities and stockholders' equity	1,299,667	1,263,902	1,222,353	1,233,226

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