NLCP: the balance sheet

MyFinsight

For the quarter ending 2026-03-31, NLCP has $417,631K in assets. $26,003K in debts. $24,766K in cash and cash equivalents.

Balance Sheets	2026-03-31	2025-09-30	2025-06-30
Land	22,903	23,224	23,224
Building and improvements	404,983	408,930	408,930
Total real estate	427,886	432,154	432,154
Less accumulated depreciation	61,287	54,698	51,321
Net real estate	366,599	377,456	380,833
Real estate held for sale	4,802	-	-
Cash and cash equivalents	24,766	23,569	21,854
In-place lease intangible assets, net	15,218	16,202	16,695
Loan receivable, net (current expected credit loss of 60 and 71, respectively)	4,940	4,918	4,907
Other assets	1,306	1,852	1,558
Total assets	417,631	423,997	425,847

Accounts payable and accrued expenses	1,085	1,303	981
Revolving credit facility	7,600	7,600	7,600
Dividends and distributions payable	9,036	9,024	9,024
Security deposits	6,728	7,137	7,642
Rent received in advance	1,445	1,271	990
Other liabilities	109	60	81
Total liabilities	26,003	26,395	26,318
Common stock, 0.01 par value, 400,000,000 shares authorized, 20,580,766 and 20,552,632 shares issued and outstanding, respectively	206	205	205
Additional paid-in capital	447,363	447,069	446,759
Accumulated deficit	-62,625	-56,469	-54,265
Total stockholders' equity	384,944	390,805	392,699
Noncontrolling interests	6,684	6,797	6,830
Total equity	391,628	397,602	399,529
Total liabilities and equity	417,631	423,997	425,847

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.