For the quarter ending 2026-03-31, PDM has $4,033,931K in assets. $2,551,005K in debts. $2,279K in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Land | 542,474 | 545,102 | 545,102 | 545,101 |
| Buildings and improvements, less accumulated depreciation of 1,321,935 and 1,278,600 as of march31, 2026 and december31, 2025, respectively | 2,786,966 | 2,787,669 | 2,780,640 | 2,711,670 |
| Intangible lease assets, less accumulated amortization of 77,271 and 73,824 as of march31, 2026 and december31, 2025, respectively | 40,555 | 44,371 | 48,233 | 52,252 |
| Construction in progress | 48,855 | 44,567 | 57,283 | 108,208 |
| Real estate assets held for sale, net | 2,837 | - | - | - |
| Total real estate assets | 3,421,687 | 3,421,709 | 3,431,258 | 3,417,231 |
| Cash and cash equivalents | 2,279 | 731 | 2,990 | 3,314 |
| Interest rate swaps | - | 0 | 0 | 72 |
| Tenant receivables | 6,907 | 6,155 | 5,729 | 4,386 |
| Straight-line rent receivables | 216,416 | 214,285 | 211,591 | 207,025 |
| Restricted cash and escrows | 4,056 | 3,060 | 5,145 | 4,501 |
| Prepaid expenses and other assets | 20,928 | 20,857 | 27,598 | 29,802 |
| Goodwill gross, ending balance | 98,918 | - | 98,918 | - |
| Accumulated impairment charges | 45,427 | - | 45,427 | - |
| Goodwill | 53,491 | 53,491 | 53,491 | 53,491 |
| Deferred lease costs, less accumulated amortization of 222,242 and 209,155 as of march31, 2026 and december31, 2025, respectively | 308,167 | 311,066 | 265,926 | 260,441 |
| Total assets | 4,033,931 | 4,031,354 | 4,003,728 | 3,980,263 |
| Unsecured debt, net of unamortized discount and debt issuance costs of 21,806 and 23,368 as of march31, 2026 and december31, 2025, respectively | 2,064,452 | 2,035,890 | 2,003,588 | 1,987,111 |
| Secured debt | 187,899 | 188,822 | 189,736 | 190,641 |
| Accounts payable, accrued expenses and accrued capital expenditures | 158,041 | 172,880 | 135,220 | 131,104 |
| Dividends payable | - | 0 | 0 | 0 |
| Deferred income | 117,733 | 112,124 | 111,174 | 94,529 |
| Intangible lease liabilities, less accumulated amortization of 33,104 and 33,641 as of september30, 2025 and december31, 2024, respectively | - | - | 26,788 | 28,752 |
| Intangible lease liabilities, less accumulated amortization of 36,885 and 35,036 as of march31, 2026 and december31, 2025, respectively | 22,880 | 24,824 | - | - |
| Interest rate swaps | 0 | 111 | 175 | 116 |
| Total liabilities | 2,551,005 | 2,534,651 | 2,466,681 | 2,432,253 |
| Shares-in-trust, 150,000,000 shares authorized none outstanding as of march31, 2026 or december31, 2025 | 0 | 0 | 0 | 0 |
| Preferred stock, no par value, 100,000,000 shares authorized none outstanding as of march31, 2026 or december31, 2025 | 0 | 0 | 0 | 0 |
| Common stock, 0.01 par value, 750,000,000 shares authorized 125,019,003 and 124,519,278 shares issued and outstanding as of march31, 2026 and december31, 2025, respectively | 1,250 | 1,245 | 1,245 | 1,245 |
| Additional paid-in capital | 3,728,827 | 3,730,273 | 3,727,914 | 3,725,769 |
| Cumulative distributions in excess of earnings | 2,240,270 | 2,227,350 | 2,184,104 | 2,170,642 |
| Accumulated other comprehensive loss | -8,380 | -8,967 | -9,517 | -9,873 |
| Piedmont stockholders equity | 1,481,427 | 1,495,201 | 1,535,538 | 1,546,499 |
| Noncontrolling interest | 1,499 | 1,502 | 1,509 | 1,511 |
| Total stockholders equity | 1,482,926 | 1,496,703 | 1,537,047 | 1,548,010 |
| Total liabilities and stockholders equity | 4,033,931 | 4,031,354 | 4,003,728 | 3,980,263 |
Piedmont Realty Trust, Inc. (PDM)
Piedmont Realty Trust, Inc. (PDM)