For the quarter ending 2026-03-31, PDM had $2,544K increase in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net loss | -12,915 | -43,240 | -13,457 | -26,904 |
| Depreciation | 44,027 | 42,862 | 42,127 | 81,539 |
| Impairment charges | - | 0 | 0 | 0 |
| Amortization of debt issuance costs inclusive of settled interest rate swaps | 2,123 | 2,084 | 2,047 | 3,987 |
| Loss on early extinguishment of debt | - | -37,788 | - | - |
| Other amortization | 15,597 | 14,928 | 14,322 | 28,339 |
| Reduction of general reserve for uncollectible accounts | - | 0 | - | - |
| Loss on early extinguishment of debt | 8,000 | - | 0 | -8,000 |
| Stock compensation expense | 2,225 | 2,437 | 2,579 | 4,650 |
| Gain on sale of real estate assets | 0 | 0 | 0 | 2,013 |
| Increase in tenant and straight-line rent receivables | 4,368 | 3,119 | 5,910 | 14,527 |
| Increase in prepaid expenses and other assets | 494 | -6,497 | -1,777 | 4,845 |
| Decrease in accounts payable and accrued expenses | -17,996 | -321 | -5,768 | -12,148 |
| Decrease in deferred income | -91 | -979 | -1,906 | -12,261 |
| Net cash provided by operating activities | 28,108 | 50,937 | 35,811 | 53,817 |
| Capitalized expenditures | 38,277 | 41,428 | 34,241 | 81,572 |
| Sales proceeds from wholly-owned properties | 0 | 0 | 0 | 31,351 |
| Deferred lease costs paid | 10,064 | 13,735 | 14,905 | 20,818 |
| Net cash used in investing activities | -48,341 | -55,163 | -49,146 | -71,039 |
| Debt issuance and other costs paid | 98 | 1,308 | 85 | 291 |
| Proceeds from debt | 87,000 | 444,956 | 71,000 | 482,087 |
| Repayments of debt | 60,924 | 415,116 | 56,905 | 530,322 |
| Premiums paid to repurchase senior notes | - | - | 0 | 7,098 |
| Premiums paid and costs to repurchase senior notes | - | 35,572 | - | - |
| Costs of issuance of common stock | 106 | 163 | 273 | 168 |
| Value of shares withheld for payment of taxes related to employee stock compensation | 2,964 | 0 | 75 | 2,199 |
| Dividends paid | 131 | 13 | 7 | 30,854 |
| Net cash provided by/(used in) financing activities | 22,777 | -118 | 13,655 | -88,845 |
| Net increase/(decrease) in cash, cash equivalents, and restricted cash and escrows | 2,544 | -4,344 | 320 | -106,067 |
| Cash, cash equivalents, and restricted cash and escrows, beginning of period | 3,791 | 8,135 | 113,882 | - |
| Cash, cash equivalents, and restricted cash and escrows, end of period | 6,335 | 3,791 | 8,135 | - |
Piedmont Realty Trust, Inc. (PDM)
Piedmont Realty Trust, Inc. (PDM)