ICR-PA: the balance sheet

MyFinsight

For the quarter ending 2026-03-31, ICR-PA has $513,399K in assets. $295,935K in debts. $79,970K in cash and cash equivalents.

Balance Sheets	2026-03-31	2025-12-31	2025-09-30
Cash and cash equivalents	79,970	76,557	70,878
Restricted cash	2,657	2,549	2,988
Commercial mortgage loans at cost	337,622	351,823	383,549
Allowance for credit losses	8,818	3,930	8,162
Carrying value	328,804	347,893	375,387
Real estate owned, net of depreciation	93,337	93,282	93,414
Acquired lease intangible assets, net	3,728	4,103	4,656
Deferred debt finance costs	109	438	767
Accrued interest receivable	1,244	1,219	1,268
Due from related parties	-	-	555
Prepaid expenses and other assets	3,550	3,200	2,851
Total assets	513,399	529,241	552,764

Repurchase agreements	215,074	223,397	242,270
Loan participations sold, net	47,715	47,009	47,141
Mortgage loan payable, net	23,978	23,891	23,804
Acquired lease intangible liabilities, net	557	598	639
Due to related parties	1,514	1,221	1,137
Accrued interest payable	2,950	2,644	2,513
Distributions payable	1,052	1,051	1,052
Accrued expenses and other liabilities	3,095	3,182	3,144
Total liabilities	295,935	302,993	321,700
6.75 series a cumulative redeemable preferred stock, 0.001 par value, 4,025,000 shares authorized and 3,544,553 shares issued and outstanding as of march 31, 2026 and december 31, 2025	4	4	4
Common stock-Common Class P	9	9	9
Common stock-Common Class A	1	1	1
Common stock-Common Class T	0	0	0
Common stock-Common Class S	0	0	0
Common stock-Common Class D	0	0	0
Common stock-Common Class I	0	0	0
Additional paid in capital	341,362	341,354	340,570
Accumulated deficit	-123,912	-115,120	-109,520
Total stockholders equity	217,464	226,248	231,064
Total liabilities and stockholders equity	513,399	529,241	552,764

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