For the quarter ending 2025-09-30, ELME has $1,686,859K in assets. $777,680K in debts. $7,088K in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Land | 358,359 | 383,808 | ||
| Income producing property | 1,891,472 | 2,013,831 | ||
| Income producing property, at cost | 2,249,831 | 2,397,639 | ||
| Accumulated depreciation and amortization | 638,522 | 662,209 | ||
| Net income producing property | 1,611,309 | 1,735,430 | ||
| Properties under development or held for future development | 30,980 | 30,980 | ||
| Total real estate held for investment, net | 1,642,289 | 1,766,410 | ||
| Cash and cash equivalents | 7,088 | 4,786 | ||
| Restricted cash | 2,293 | 2,307 | ||
| Rents and other receivables | 13,313 | 12,250 | ||
| Prepaid expenses and other assets | 21,876 | 24,451 | ||
| Total assets | 1,686,859 | 1,810,204 | ||
| Notes payable, net | 523,329 | 523,196 | ||
| Line of credit | 186,000 | 175,000 | ||
| Accounts payable and other liabilities | 41,656 | 38,230 | ||
| Dividend payable | 15,943 | 15,947 | ||
| Advance rents | 4,761 | 5,079 | ||
| Tenant security deposits | 5,991 | 6,282 | ||
| Total liabilities | 777,680 | 763,734 | ||
| Shares of beneficial interest, 0.01 par value 150,000 shares authorized 88,161and 88,029 shares issued and outstanding,as of september 30, 2025 and december 31, 2024, respectively | 882 | 882 | ||
| Additional paid in capital | 1,744,621 | 1,743,161 | ||
| Distributions in excess of net income | 825,659 | 686,226 | ||
| Accumulated other comprehensive loss | -10,939 | -11,624 | ||
| Total shareholders equity | 908,905 | 1,046,193 | ||
| Noncontrolling interests in subsidiaries | 274 | 277 | ||
| Total equity | 909,179 | 1,046,470 | ||
| Total liabilities and equity | 1,686,859 | 1,810,204 | ||