For the quarter ending 2025-09-30, IIPR had -$62,995K decrease in cash & cash equivalents over the period.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 29,305 | 57,101 |
| Depreciation and amortization | 18,639 | 36,891 |
| Impairment loss on real estate | 0 | 3,527 |
| Loss (gain) on sale of real estate | 0 | 0 |
| Other non-cash adjustments | -12 | -5 |
| Stock-based compensation | 2,684 | 4,750 |
| Amortization of discounts on investments | 0 | 0 |
| Amortization of debt discount and issuance costs | 485 | 946 |
| Other assets, net | 6,555 | -3,719 |
| Accounts payable, accrued expenses and other liabilities | 1,472 | 1,281 |
| Rent received in advance and tenant security deposits | -451 | -5,529 |
| Net cash provided by (used in) operating activities | 45,591 | 102,691 |
| Investments in real estate | 0 | 7,857 |
| Investments in life science financial instruments | 105,235 | - |
| Proceeds from sale of real estate asset | 0 | 1,750 |
| Funding of draws for improvements and construction | 4,429 | 16,547 |
| Purchases of short-term investments | 0 | 5,258 |
| Maturities of short-term investments | 0 | 5,000 |
| Net cash provided by (used in) investing activities | -109,664 | -22,912 |
| Principal payment on notes due 2026 | - | 8,697 |
| Issuance of common stock, net of issuance costs | 0 | 0 |
| Principal payment on exchangeable senior notes | - | 0 |
| Repurchase of common stock | 0 | 20,108 |
| Issuance of preferred stock, net of issuance costs | 5,900 | 13,211 |
| Draw on revolving credit facility | 50,000 | - |
| Principal payment on debt | 8,697 | - |
| Payment of deferred financing costs | 0 | 0 |
| Dividends paid to common stockholders | 53,783 | 108,716 |
| Dividends paid to preferred stockholders | 878 | 1,345 |
| Taxes paid related to net share settlement of equity awards | 161 | 703 |
| Net cash provided by (used in) financing activities | 1,078 | -126,358 |
| Net increase (decrease) in cash and cash equivalents | -62,995 | -46,579 |
| Cash and cash equivalents at beginning of period | 146,245 | - |
| Cash and cash equivalents at end of period | 36,671 | - |
INNOVATIVE INDUSTRIAL PROPERTIES INC (IIPR)
INNOVATIVE INDUSTRIAL PROPERTIES INC (IIPR)