ICRP: the balance sheet

MyFinsight

For the year ending 2025-12-31, ICRP has $529,241K in assets. $302,993K in debts. $76,557K in cash and cash equivalents.

Balance Sheets	2025-12-31
Cash and cash equivalents	76,557
Restricted cash	2,549
Commercial mortgage loans at cost	351,823
Allowance for credit losses	3,930
Carrying value	347,893
Real estate owned, net of depreciation	93,282
Acquired lease intangible assets, net	4,103
Deferred debt finance costs	438
Accrued interest receivable	1,219
Prepaid expenses and other assets	3,200
Total assets	529,241

Repurchase agreements	223,397
Loan participations sold, net	47,009
Mortgage loan payable, net	23,891
Acquired lease intangible liabilities, net	598
Due to related parties	1,221
Accrued interest payable	2,644
Distributions payable	1,051
Accrued expenses and other liabilities	3,182
Total liabilities	302,993
6.75 series a cumulative redeemable preferred stock, 0.001 par value, 4,025,000 shares authorized, 3,544,553 shares issued and outstanding as of december 31, 2025 and december 31, 2024	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	341,354
Accumulated deficit	-115,120
Total stockholders' equity	226,248
Total liabilities and stockholders equity	529,241

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