INRE: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, INRE has $1,255,058K in assets. $918,052K in debts. $11,502K in cash and cash equivalents.

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

Balance Sheets	2025-09-30	2025-06-30
Land	330,456	330,456
Building and other improvements	1,235,914	1,231,878
Total	1,566,370	1,562,334
Less accumulated depreciation	422,573	410,284
Net investment properties held and used	1,143,797	1,152,050
Cash and cash equivalents	11,502	11,963
Restricted cash	480	480
Accounts and rent receivable	25,117	23,299
Acquired lease intangible assets, net	41,563	43,928
Operating lease right-of-use asset, net	13,082	13,173
Other assets	19,517	20,977
Total assets	1,255,058	1,265,870

Mortgages and credit facility payable, net	829,377	833,168
Accounts payable and accrued expenses	14,152	11,005
Operating lease liability	25,518	25,439
Distributions payable	4,898	4,898
Acquired intangible liabilities, net	31,498	32,313
Due to related parties	2,777	2,797
Other liabilities	9,832	9,999
Total liabilities	918,052	919,619
Preferred stock, .001 par value, 40,000,000 shares authorized, none outstanding	-	0
Common stock, .001 par value, 1,460,000,000 shares authorized, 36,104,130 shares issued and outstanding as of september 30, 2025 and december 31, 2024	36	36
Additional paid in capital	816,250	816,217
Accumulated distributions and net loss	488,837	481,980
Accumulated other comprehensive income	9,557	11,978
Total stockholders equity	337,006	346,251
Total liabilities and stockholders equity	1,255,058	1,265,870

Unit: Thousand (K) dollars