IIPR-PA: the balance sheet

MyFinsight

For the quarter ending 2026-03-31, IIPR-PA has $2,393,980K in assets. $499,440K in debts. $89,117K in cash and cash equivalents.

Balance Sheets Overview

Debt to Asset Ratio
20.86%
Unit: Thousand (K) dollars
Assets Breakdown
Buildings and improvements
Less accumulated depreciation
Life science investments
Others
Liabilities Breakdown
Additional paid-in capital
Dividends in excess of earnings
Notes due 2026, net
Others

Balance Sheets	2026-03-31	2025-12-31	2025-09-30
Land	145,104	146,320	146,469
Buildings and improvements	2,269,439	2,269,597	2,252,137
Construction in progress	40,311	40,593	57,713
Total real estate, at cost	2,454,854	2,456,510	2,456,319
Less accumulated depreciation	361,093	343,062	324,855
Net real estate held for investment	2,093,761	2,113,448	2,131,464
Life science investments	153,980	152,665	105,240
Construction loan receivable	22,800	22,800	22,800
Cash and cash equivalents	89,117	47,597	36,671
Investments	-	0	5,258
Right of use office lease asset	-	509	621
In-place lease intangible assets, net	6,155	6,366	6,577
Other assets, net	28,167	27,473	29,283
Total assets	2,393,980	2,370,858	2,337,914

Notes due 2026, net	290,981	290,602	290,229
Revolving credit facilities	75,000	102,500	50,000
Building improvements and construction funding payable	851	2,964	4,298
Accounts payable and accrued expenses	14,702	10,870	15,244
Dividends payable	57,100	54,913	54,793
Rent received in advance and tenant security deposits	50,060	50,307	51,196
Other liabilities	10,746	10,698	8,813
Total liabilities	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, 4,718,048 and 2,019,525 shares issued and outstanding at march31, 2026 and december31, 2025, respectively	108,081	47,780	42,743
Common stock, par value 0.001 per share, 50,000,000 shares authorized 28,314,520 and 28,022,975 shares issued and outstanding at march31, 2026 and december31, 2025, respectively	28	28	28
Additional paid-in capital	2,123,710	2,113,184	2,110,486
Dividends in excess of earnings	337,279	312,988	289,916
Total stockholders equity	1,894,540	1,848,004	1,863,341
Total liabilities and stockholders equity	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.

MyFinsight

Balance Sheets Overview

Debt to Asset Ratio
20.86%
Unit: Thousand (K) dollars
Assets Breakdown
Buildings and improvements
Less accumulated depreciation
Life science investments
Others
Liabilities Breakdown
Additional paid-in capital
Dividends in excess of earnings
Notes due 2026, net
Others

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Balance Sheets Overview

Debt to Asset Ratio
20.86%
Unit: Thousand (K) dollars
Assets Breakdown
Buildings and improvements
Less accumulated depreciation
Life science investments
Others
Liabilities Breakdown
Additional paid-in capital
Dividends in excess of earnings
Notes due 2026, net
Others

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Balance Sheets Overview

Debt to Asset Ratio20.86%Unit: Thousand (K) dollarsAssets BreakdownBuildings and improvementsLess accumulated depreciationLife science investmentsOthersLiabilities BreakdownAdditional paid-in capitalDividends in excess of earningsNotes due 2026, netOthers

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Balance Sheets Overview

Debt to Asset Ratio20.86%Unit: Thousand (K) dollarsAssets BreakdownBuildings and improvementsLess accumulated depreciationLife science investmentsOthersLiabilities BreakdownAdditional paid-in capitalDividends in excess of earningsNotes due 2026, netOthers

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Debt to Asset Ratio
20.86%
Unit: Thousand (K) dollars
Assets Breakdown
Buildings and improvements
Less accumulated depreciation
Life science investments
Others
Liabilities Breakdown
Additional paid-in capital
Dividends in excess of earnings
Notes due 2026, net
Others

Debt to Asset Ratio
20.86%
Unit: Thousand (K) dollars
Assets Breakdown
Buildings and improvements
Less accumulated depreciation
Life science investments
Others
Liabilities Breakdown
Additional paid-in capital
Dividends in excess of earnings
Notes due 2026, net
Others