For the quarter ending 2025-09-30, MDRR has $92,104,371 in assets. $67,109,218 in debts. $1,886,677 in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Investment properties at cost | 65,377,371 | - | ||
| Less accumulated depreciation | 11,884,099 | - | ||
| Investment properties, net | 53,493,272 | 59,850,435 | ||
| Cash | 1,886,677 | 1,950,829 | ||
| Restricted cash | 1,915,909 | 1,686,953 | ||
| Rent and other receivables, net of allowance of 0 as of september 30, 2025 and december 31, 2024, respectively | 100,143 | 160,518 | ||
| Assets held for sale | 30,666,856 | 9,432,904 | ||
| Unbilled rent | 1,253,026 | 1,167,753 | ||
| Intangible assets, net | 1,798,255 | 1,925,758 | ||
| Other intangible assets | 122,738 | 55,004 | ||
| Other assets | 867,495 | 1,426,994 | ||
| Total assets | 92,104,371 | 77,657,148 | ||
| Accounts payable and accrued liabilities | 1,702,384 | 1,385,444 | ||
| Liabilities associated with assets held for sale | 26,815,510 | 6,545,968 | ||
| Intangible liabilities, net | 862,730 | 895,349 | ||
| Mortgages payable, net | 37,728,594 | 43,509,578 | ||
| Total liabilities | 67,109,218 | 52,336,339 | ||
| Common stock, 0.01 par value, 750,000,000 shares authorized, 1,112,405 and 1,345,260 shares issued and outstanding at september 30, 2025 and december 31, 2024, respectively | 11,124 | 13,524 | ||
| Additional paid-in capital | 51,989,953 | 54,531,595 | ||
| Offering costs | 3,404,055 | 3,404,055 | ||
| Accumulated deficit | -38,219,239 | -37,732,004 | ||
| Total stockholders' equity | 10,377,783 | 13,409,060 | ||
| Noncontrolling interests-Parkway Property | 384,746 | 390,826 | ||
| Noncontrolling interests - operating partnership | 14,232,624 | 11,520,923 | ||
| Total equity | 24,995,153 | 25,320,809 | ||
| Total liabilities and equity | 92,104,371 | 77,657,148 | ||
Medalist Diversified REIT, Inc. (MDRR)
Medalist Diversified REIT, Inc. (MDRR)