| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net loss | -91,994 | -61,563 |
| Depreciation | 95,488 | 63,731 |
| Amortization of interest rate caps | 26,194 | 17,468 |
| Net amortization of debt issuance costs, premiums and discounts | 1,998 | 750 |
| Amortization of acquired real estate leases and assumed real estate lease obligations | 24,017 | 16,199 |
| Amortization of deferred leasing costs | 3,093 | 2,112 |
| Straight line rental income | 7,392 | 5,670 |
| Loss on impairment of real estate | 6,081 | - |
| Loss on extinguishment of debt | -5,070 | -5,070 |
| Proceeds from settlement of interest rate caps | 28,336 | 18,841 |
| General and administrative expenses paid in common shares | 1,798 | 1,124 |
| Distributions of earnings from unconsolidated joint venture | 2,970 | 1,980 |
| Equity in earnings of unconsolidated joint venture | 5,338 | 3,102 |
| Rents receivable | -6,177 | -3,589 |
| Other assets | 5,512 | -7,228 |
| Accounts payable and other liabilities | 14,219 | -2,128 |
| Due to related persons | 3,961 | 1,833 |
| Net cash provided by operating activities | 52,494 | 29,780 |
| Real estate improvements | 14,682 | 9,598 |
| Purchase of interest rate cap | 15,010 | 15,010 |
| Proceeds from settlement of interest rate caps | 28,336 | 18,841 |
| Net cash (used in) provided by investing activities | -1,356 | -5,767 |
| Proceeds from issuance of mortgage notes payable | 1,160,000 | 1,160,000 |
| Repayment of ilpt floating rate loan and related costs | 1,240,070 | 1,240,070 |
| Repayment of mortgage notes payable | 14,030 | 9,310 |
| Payment of debt issuance costs | 16,680 | 16,663 |
| Distributions to common shareholders | 4,640 | 1,323 |
| Repurchase of common shares | 434 | 32 |
| Distributions to noncontrolling interest | 60 | 30 |
| Net cash used in financing activities | -115,914 | -107,428 |
| (decrease) increase in cash and cash equivalents and restricted cash and cash equivalents | -64,776 | -83,415 |
| Cash and cash equivalents at beginning of period | 242,480 | - |
| Cash and cash equivalents at end of period | 177,704 | - |
Industrial Logistics Properties Trust (ILPT)
Industrial Logistics Properties Trust (ILPT)