FPI: the balance sheet

MyFinsight

For the year ending 2025-12-31, FPI has $719,065K in assets. $181,095K in debts.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-12-31
Land, at cost	565,002
Grain facilities	7,476
Groundwater	8,858
Irrigation improvements	22,741
Drainage improvements	6,401
Permanent plantings	28,049
Other	3,334
Construction in progress	1,190
Real estate, at cost	643,051
Less accumulated depreciation	26,783
Total real estate, net	616,268
Cash and cash equivalents	9,293
Loans and financing receivables, net	80,232
Right of use asset, net	169
Accounts receivable, net	4,408
Derivative asset	141
Inventory	2,316
Equity method investments	4,245
Prepaid and other assets	1,993
Total assets	719,065

Principal outstanding	161,591
Debt issuance costs	749
Mortgage notes and bonds payable, net	160,842
Lease liability	169
Dividends payable	11,483
Accrued interest	2,116
Accrued property taxes	1,411
Deferred revenue	1,243
Accrued expenses	3,831
Total liabilities	181,095
Redeemable non-controlling interest in operating partnership, series a preferred units	70,583
Common stock, 0.01 par value, 500,000,000 shares authorized 43,093,127 shares issued and outstanding at december 31, 2025, and 45,931,827 shares issued and outstanding at december 31, 2024	431
Additional paid in capital	520,899
Retained earnings	117,314
Cumulative dividends	179,641
Other comprehensive income	350
Non-controlling interests in operating partnership	8,034
Total equity	467,387
Total liabilities, redeemable non-controlling interests in operating partnership and equity	719,065

Unit: Thousand (K) dollars