For the year ending 2025-12-31, PDM has $4,031,354K in assets. $2,534,651K in debts. $731K in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | |||
|---|---|---|---|---|
| Land | 545,102 | |||
| Buildings and improvements, less accumulated depreciation of 1,278,600 and 1,150,892 as of december31, 2025 and december31, 2024, respectively | 2,787,669 | |||
| Intangible lease assets, less accumulated amortization of 73,824 and 75,982 as of december31, 2025 and december31, 2024, respectively | 44,371 | |||
| Construction in progress | 44,567 | |||
| Total real estate assets | 3,421,709 | |||
| Cash and cash equivalents | 731 | |||
| Tenant receivables | 6,155 | |||
| Straight-line rent receivables | 214,285 | |||
| Restricted cash and escrows | 3,060 | |||
| Prepaid expenses and other assets | 20,857 | |||
| Goodwill | 53,491 | |||
| Interest rate swaps | 0 | |||
| Deferred lease costs, less accumulated amortization of 209,155 and 204,150 as of december31, 2025 and december31, 2024, respectively | 311,066 | |||
| Total assets | 4,031,354 | |||
| Unsecured debt, net of discount and unamortized debt issuance costs of 23,368 and 20,077 as of december31, 2025 and december31, 2024, respectively | 2,035,890 | |||
| Secured debt | 188,822 | |||
| Accounts payable, accrued expenses, and accrued capital expenditures | 172,880 | |||
| Dividends payable | 0 | |||
| Deferred income | 112,124 | |||
| Intangible lease liabilities, less accumulated amortization of 35,036 and 33,641 as of december31, 2025 and december31, 2024, respectively | 24,824 | |||
| Interest rate swaps | 111 | |||
| Total liabilities | 2,534,651 | |||
| Shares-in-trust, 150,000,000 shares authorized, none outstanding as of december31, 2025 or december31, 2024 | 0 | |||
| Preferred stock, no par value, 100,000,000 shares authorized, none outstanding as of december31, 2025 or december31, 2024 | 0 | |||
| Common stock, 0.01 par value 750,000,000 shares authorized, 124,519,278 shares issued and outstanding as of december31, 2025 and 124,083,038 shares issued and outstanding at december31, 2024 | 1,245 | |||
| Additional paid-in capital | 3,730,273 | |||
| Cumulative distributions in excess of earnings | 2,227,350 | |||
| Accumulated other comprehensive loss | -8,967 | |||
| Piedmont stockholders equity | 1,495,201 | |||
| Noncontrolling interest | 1,502 | |||
| Total stockholders equity | 1,496,703 | |||
| Total liabilities and stockholders equity | 4,031,354 | |||
Piedmont Realty Trust, Inc. (PDM)
Piedmont Realty Trust, Inc. (PDM)