JOE: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, JOE has $1,533,913K in assets. $763,044K in debts. $126,053K in cash and cash equivalents.

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

Balance Sheets	2025-09-30	2025-06-30
Investment in real estate, net	1,020,666	1,048,852
Investment in unconsolidated joint ventures	67,488	73,854
Cash and cash equivalents	126,053	88,158
Other assets	72,171	81,793
Property and equipment, net of accumulated depreciation of 101,332 and 95,339 as of september 30, 2025 and december 31, 2024, respectively	44,749	52,608
Investments held by special purpose entities	202,786	203,137
Total assets	1,533,913	1,548,402

Outstanding debt principal	403,999	-
Unamortized discount and debt issuance costs	4,993	-
Debt, net	399,006	427,251
Accounts payable and other liabilities	56,137	60,741
Deferred revenue	60,249	60,360
Deferred tax liabilities, net	68,917	71,450
Senior notes held by special purpose entity	178,735	178,650
Total liabilities	763,044	798,452
Common stock, no par value 180,000,000 shares authorized 58,345,929 and 58,326,521 issued at september 30, 2025 and december 31, 2024, respectively and 57,810,830 and 58,326,521 outstanding at september 30, 2025 and december 31, 2024, respectively	269,592	269,283
Retained earnings	515,493	484,891
Accumulated other comprehensive income	758	926
Treasury stock at cost, 535,099 shares held at september 30, 2025	25,130	16,336
Total stockholders' equity	760,713	738,764
Non-controlling interest	10,156	11,186
Total equity	770,869	749,950
Total liabilities and equity	1,533,913	1,548,402