IIPR: the balance sheet

MyFinsight

For the year ending 2025-12-31, IIPR has $2,370,858K in assets. $522,854K in debts. $47,597K in cash and cash equivalents.

Balance Sheets	2025-12-31
Land	146,320
Buildings and improvements	2,269,597
Construction in progress	40,593
Total real estate, at cost	2,456,510
Less accumulated depreciation	343,062
Net real estate held for investment	2,113,448
Life science investments	152,665
Construction loan receivable	22,800
Cash and cash equivalents	47,597
Investments	0
Right of use office lease asset	509
In-place lease intangible assets, net	6,366
Other assets, net	27,473
Total assets	2,370,858

Notes due 2026, net	290,602
Revolving credit facilities	102,500
Building improvements and construction funding payable	2,964
Accounts payable and accrued expenses	10,870
Dividends payable	54,913
Rent received in advance and tenant security deposits	50,307
Other liabilities	10,698
Total liabilities	522,854
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, 2,019,525 and 1,002,673 shares issued and outstanding at december31, 2025 and december31, 2024, respectively	47,780
Common stock, par value 0.001 per share, 50,000,000 shares authorized 28,022,975 and 28,331,833 shares issued and outstanding at december31, 2025 and december31, 2024, respectively	28
Additional paid-in capital	2,113,184
Dividends in excess of earnings	312,988
Total stockholders equity	1,848,004
Total liabilities and stockholders equity	2,370,858

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