ICRL: the balance sheet

MyFinsight

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

Balance Sheets	2026-03-31
Cash and cash equivalents	79,970
Restricted cash	2,657
Commercial mortgage loans at cost	337,622
Allowance for credit losses	8,818
Carrying value	328,804
Real estate owned, net of depreciation	93,337
Acquired lease intangible assets, net	3,728
Deferred debt finance costs	109
Accrued interest receivable	1,244
Prepaid expenses and other assets	3,550
Total assets	513,399

Repurchase agreements	215,074
Loan participations sold, net	47,715
Mortgage loan payable, net	23,978
Acquired lease intangible liabilities, net	557
Due to related parties	1,514
Accrued interest payable	2,950
Distributions payable	1,052
Accrued expenses and other liabilities	3,095
Total liabilities	295,935
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
Common stock-Common Class P	9
Common stock-Common Class A	1
Common stock-Common Class T	0
Common stock-Common Class S	0
Common stock-Common Class D	0
Common stock-Common Class I	0
Additional paid in capital	341,362
Accumulated deficit	-123,912
Total stockholders equity	217,464
Total liabilities and stockholders equity	513,399

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