| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Land | 727,279 | 759,854 | ||
| Buildings, fixtures and improvements | 3,889,150 | 4,028,243 | ||
| Construction in progress | 3,747 | 1,580 | ||
| Acquired intangible lease assets | 573,641 | 633,647 | ||
| Total real estate investments, at cost | 5,193,817 | 5,423,324 | ||
| Less accumulated depreciation and amortization | 1,018,125 | 1,056,957 | ||
| Total real estate investments, net | 4,175,692 | 4,366,367 | ||
| Real estate assets held for sale (note 4) | 33,636 | 37,496 | ||
| Assets related to discontinued operations (note 3) | 1,638 | 2,337 | ||
| Cash and cash equivalents | 165,095 | 144,809 | ||
| Restricted cash | 37,514 | 37,339 | ||
| Derivative assets, at fair value (note 9) | 0 | 0 | ||
| Unbilled straight-line rent | 83,106 | 88,368 | ||
| Operating lease right-of-use asset (note 13) | 69,912 | 70,761 | ||
| Prepaid expenses and other assets | 73,674 | 89,293 | ||
| Multi-tenant disposition receivable, net (note 3) | 55,916 | 90,214 | ||
| Deferred tax assets | 4,894 | 4,906 | ||
| Goodwill | 45,983 | 46,009 | ||
| Deferred financing costs, net | 18,110 | 7,017 | ||
| Total assets | 4,765,170 | 4,984,916 | ||
| Mortgage notes payable, net (note 5) | 1,305,573 | 1,312,718 | ||
| Revolving credit facilities (note 6) | 663,762 | 740,682 | ||
| Senior notes, net (note 7) | 922,449 | 916,864 | ||
| Acquired intangible lease liabilities, net | 18,365 | 19,863 | ||
| Derivative liabilities, at fair value (note 9) | 6,555 | 10,788 | ||
| Accounts payable and accrued expenses | 44,351 | 45,878 | ||
| Operating lease liability (note 13) | 41,830 | 42,244 | ||
| Prepaid rent | 38,918 | 36,625 | ||
| Deferred tax liability | 7,056 | 7,083 | ||
| Dividends payable | 11,976 | 11,943 | ||
| Real estate liabilities held for sale (note 4) | 62 | 379 | ||
| Liabilities related to discontinued operations (note 3) | 3,262 | 7,470 | ||
| Total liabilities | 3,064,159 | 3,152,537 | ||
| Cumulative redeemable preferred stock-Series APreferred Stock | 68 | 68 | ||
| Cumulative redeemable preferred stock-Series BPreferred Stock | 47 | 47 | ||
| Cumulative redeemable preferred stock-Series DPreferred Stock | 79 | 79 | ||
| Cumulative redeemable preferred stock-Series EPreferred Stock | 46 | 46 | ||
| Common stock, 0.01 par value, 400,000,000 and 250,000,000 shares authorized, 220,355,522 and 231,051,139 shares issued and outstanding as of september30, 2025 and december31, 2024, respectively | 3,533 | 3,541 | ||
| Additional paid-in capital | 4,284,310 | 4,288,338 | ||
| Accumulated other comprehensive income (loss) | 19,537 | 33,452 | ||
| Accumulated deficit | -2,606,609 | -2,493,192 | ||
| Total stockholders equity | 1,701,011 | 1,832,379 | ||
| Total liabilities and stockholders equity | 4,765,170 | 4,984,916 | ||
Global Net Lease, Inc. (GNL)
Global Net Lease, Inc. (GNL)