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Balance Sheets Overview

Debt to Asset Ratio
28.28%
Unit: Thousand (K) dollars
Assets Breakdown
    • Buildings and improvements
    • Less accumulated depreciation
    • Life science investments
    • Others
Liabilities Breakdown
    • Additional paid-in capital
    • Exchangeable notes, net
    • Dividends in excess of earnings
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Land
141,289
145,104
146,320
146,469
Buildings and improvements
2,189,885
2,269,439
2,269,597
2,252,137
Construction in progress
34,769
40,311
40,593
57,713
Total real estate, at cost
2,365,943
2,454,854
2,456,510
2,456,319
Less accumulated depreciation
369,450
361,093
343,062
324,855
Net real estate held for investment
1,996,493
2,093,761
2,113,448
2,131,464
Life science investments
275,888
153,980
152,665
105,240
Construction loan receivable
-
22,800
22,800
22,800
Loans receivable
71,800
-
-
-
Cash and cash equivalents
204,734
89,117
47,597
36,671
Investments
-
-
0
5,258
Right of use office lease asset
-
-
509
621
Restricted cash
2,903
-
-
-
In-place lease intangible assets, net
5,515
6,155
6,366
6,577
Other assets, net
24,308
28,167
27,473
29,283
Total assets
2,581,641
2,393,980
2,370,858
2,337,914
Notes due 2026, net
0
290,981
290,602
290,229
Exchangeable notes, net
391,163
-
-
-
Term loans, net
125,370
-
-
-
Revolving credit facilities
92,500
75,000
102,500
50,000
Building improvements and construction funding payable
789
851
2,964
4,298
Accounts payable and accrued expenses
8,354
14,702
10,870
15,244
Dividends payable
56,314
57,100
54,913
54,793
Rent received in advance and tenant security deposits
44,710
50,060
50,307
51,196
Other liabilities
10,842
10,746
10,698
8,813
Total liabilities
730,042
499,440
522,854
474,573
Preferred stock, par value 0.001 per share, 50,000,000 shares authorized 9.00 series a cumulative redeemable preferred stock, liquidation preference of 25.00 per share, 5,666,082 and 2,019,525 shares issued and outstanding at june30, 2026 and december31, 2025, respectively
128,995
108,081
47,780
42,743
Common stock, par value 0.001 per share, 50,000,000 shares authorized 27,571,349 and 28,022,975 shares issued and outstanding at june30, 2026 and december31, 2025, respectively
28
28
28
28
Additional paid-in capital
2,072,317
2,123,710
2,113,184
2,110,486
Dividends in excess of earnings
349,741
337,279
312,988
289,916
Total stockholders equity
1,851,599
1,894,540
1,848,004
1,863,341
Total liabilities and stockholders equity
2,581,641
2,393,980
2,370,858
2,337,914
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Buildings andimprovements$2,189,885K Land$141,289K Construction in progress$34,769K Total real estate, atcost$2,365,943K Net real estate heldfor investment$1,996,493K Life scienceinvestments$275,888K Cash and cashequivalents$204,734K Loans receivable$71,800K Other assets, net$24,308K In-place leaseintangible assets, net$5,515K Restricted cash$2,903K Less accumulateddepreciation$369,450K Total assets$2,581,641K Total liabilities andstockholders equity$2,581,641K Total stockholdersequity$1,851,599K Total liabilities$730,042K Dividends in excess ofearnings$349,741K Additional paid-in capital$2,072,317K Exchangeable notes, net$391,163K Term loans, net$125,370K Revolving creditfacilities$92,500K Dividends payable$56,314K Rent received inadvance and tenant...$44,710K Other liabilities$10,842K Accounts payable andaccrued expenses$8,354K Building improvementsand construction...$789K Preferred stock, par value0.001 per share,...$128,995K Common stock, par value0.001 per share,...$28K

INNOVATIVE INDUSTRIAL PROPERTIES INC (IIPR-PA)

INNOVATIVE INDUSTRIAL PROPERTIES INC (IIPR-PA)