NTST: the balance sheet

MyFinsight

For the year ending 2025-12-31, NTST has $2,614,196K in assets. $1,161,630K in debts.

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

Balance Sheets	2025-12-31
Land	772,417
Buildings and improvements	1,590,714
Total real estate, at cost	2,363,131
Less accumulated depreciation	188,858
Property under development	5,500
Real estate held for investment, net	2,179,773
Assets held for sale	40,976
Mortgage loans receivable, net	142,464
Cash, cash equivalents, and restricted cash	14,467
Lease intangible assets, net	173,440
Other assets, net	63,076
Total assets	2,614,196

Term loans, net	1,093,331
Revolving credit facility	0
Mortgage note payable, net	7,814
Lease intangible liabilities, net	16,910
Liabilities related to assets held for sale	1,016
Accrued expenses	4,249
Accrued bonus	3,068
Prepaid rent	6,526
Operating lease liability	4,155
Accrued interest	4,642
Deferred rent	5,233
Accounts payable	1,218
Derivative liability	6,850
Tenant improvement allowances	3,975
Other liabilities	2,643
Accounts payable, accrued expenses, and other liabilities	42,559
Total liabilities	1,161,630
Common stock, 0.01 par value, 400,000,000 shares authorized 93,070,533 and 81,602,232 shares issued and outstanding as of december31, 2025 and 2024, respectively	931
Additional paid-in capital	1,701,572
Distributions in excess of retained earnings	-251,926
Accumulated other comprehensive (loss) income	-4,565
Total stockholders equity	1,446,012
Noncontrolling interests	6,554
Total equity	1,452,566
Total liabilities and equity	2,614,196

Unit: Thousand (K) dollars