For the quarter ending 2026-03-31, MDV-PA has $484,284K in assets. $286,575K in debts. $4,477K in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | |
|---|---|---|---|---|
| Land | 108,600 | 98,175 | 98,175 | |
| Buildings and improvements | 388,066 | 383,540 | 383,020 | |
| Equipment | - | 0 | 0 | |
| Tenant origination and absorption costs | 13,540 | 13,638 | 13,638 | |
| Total investments in real estate property | 510,206 | 495,353 | 494,833 | |
| Accumulated depreciation and amortization | 71,435 | 73,208 | 69,512 | |
| Total real estate investments, net, excluding unconsolidated investment in real estate property and real estate investments held for sale, net | 438,771 | 422,145 | 425,321 | |
| Unconsolidated investment in a real estate property | 0 | 9,437 | 9,510 | |
| Total real estate investments, net, excluding real estate investments held for sale, net | 438,771 | 431,582 | 434,831 | |
| Real estate investments held for sale, net | 10,628 | 3,901 | 28,087 | |
| Total real estate investments, net | 449,399 | 435,483 | 462,918 | |
| Cash and cash equivalents | 4,477 | 14,381 | 8,264 | |
| Restricted cash | - | - | 1,683 | |
| Tenant deferred rent and other receivables | 24,581 | 23,436 | 22,130 | |
| Above-market lease intangibles, net | 1,156 | 1,169 | 1,184 | |
| Prepaid expenses and other assets | 2,323 | 1,988 | 2,429 | |
| Interest rate swap derivatives | 2,243 | - | 963 | |
| Other assets related to real estate investments held for sale | 105 | - | - | |
| Total assets | 484,284 | 476,457 | 499,571 | |
| Mortgage notes payable, net | 23,708 | 11,994 | 30,383 | |
| Credit facility term loan, net | 249,714 | 249,489 | 249,360 | |
| Accounts payable, accrued and other liabilities | 4,262 | 3,831 | 5,690 | |
| Distributions payable | 2,056 | 2,031 | 2,038 | |
| Below-market lease intangibles, net | 6,835 | 7,067 | 7,298 | |
| Other liabilities related to real estate investments held for sale | - | 0 | 0 | |
| Total liabilities | 286,575 | 274,412 | 294,769 | |
| 7.375 series a cumulative redeemable perpetual preferred stock, 0.001 par value 25.00 per share liquidation preference 1,680,391 shares authorized and outstanding as of march 31, 2026 and 1,701,500 shares authorized and outstanding as of december31, 2025-Series A | 2 | 2 | 2 | |
| Class c common stock, 0.001 par value, 300,000,000 shares authorized 11,129,207 shares issued and 10,661,888 shares outstanding as of december31, 2025, and 10,766,709 shares issued and 10,299,390 outstanding as of december31, 2024-Common Class C | 11 | 11 | 11 | |
| Additional paid-in-capital | 337,624 | 337,028 | 336,286 | |
| Treasury stock, at cost, 467,319 shares held as of each june30, 2025 and december31, 2024 | 7,112 | 7,112 | 7,112 | |
| Cumulative distributions and net losses | -172,080 | -168,100 | -165,497 | |
| Accumulated other comprehensive income | 865 | 919 | 1,127 | |
| Total modiv industrial, inc. equity | 159,310 | 162,748 | 164,817 | |
| Noncontrolling interests in the operating partnership | 38,399 | 39,297 | 39,985 | |
| Total equity | 197,709 | 202,045 | 204,802 | |
| Total liabilities and equity | 484,284 | 476,457 | 499,571 | |
MODIV INDUSTRIAL, INC. (MDV-PA)
MODIV INDUSTRIAL, INC. (MDV-PA)