LANDO: the balance sheet

MyFinsight

For the year ending 2025-12-31, LANDO has $1,239,172K in assets. $568,886K in debts. $27,177K in cash and cash equivalents.

Balance Sheets	2025-12-31
Real estate, at cost	1,297,013
Less accumulated depreciation	198,261
Total real estate, net	1,098,752
Lease intangibles, net	3,129
Real estate and related assets held for sale, net	0
Cash and cash equivalents	27,177
Crop inventory	1,663
Long-term water assets	37,167
Deferred water assets	4,382
Investments in water assets	41,549
Other assets, net	66,902
Total assets	1,239,172

Borrowings under lines of credit	200
Notes and bonds payable, net	473,435
Series d cumulative term preferred stock, net, 0.001 par value, 25.00 per share liquidation preference 2,415,000 shares authorized, 2,415,000 shares issued and outstanding as of december31, 2025, and december31, 2024-Series DPreferred Stock	60,341
Accounts payable and accrued expenses	22,005
Other liabilities, net-Related Party	2,844
Other liabilities, net-Nonrelated Party	10,061
Total liabilities	568,886
Cumulative redeemable preferred stock-Series BPreferred Stock	6
Cumulative redeemable preferred stock-Series CPreferred Stock	10
Cumulative redeemable preferred stock-Series EPreferred Stock	0
Common stock, 0.001 par value 65,100,617 shares authorized, 38,014,918 shares issued and outstanding as of december31, 2025 65,096,267 shares authorized, 36,184,658 shares issued and outstanding as of december31, 2024	38
Additional paid-in capital	870,847
Distributions in excess of accumulated earnings	205,511
Accumulated other comprehensive income	4,896
Total equity	670,286
Total liabilities and equity	1,239,172

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