| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Land and improvements | 1,952,657 | 1,947,583 | ||
| Building and improvements | 4,293,614 | 4,266,147 | ||
| In-place lease assets | 540,571 | 542,416 | ||
| Above-market lease assets | 77,587 | 77,711 | ||
| Total investment in real estate assets | 6,864,429 | 6,833,857 | ||
| Accumulated depreciation and amortization | 1,928,005 | 1,873,151 | ||
| Net investment in real estate assets | 4,936,424 | 4,960,706 | ||
| Investment in unconsolidated joint ventures | 36,594 | 33,744 | ||
| Total investment in real estate assets, net | 4,973,018 | 4,994,450 | ||
| Cash and cash equivalents | 4,076 | 5,591 | ||
| Restricted cash | 1,735 | 3,585 | ||
| Goodwill | 29,066 | 29,066 | ||
| Other assets, net | 246,209 | 236,756 | ||
| Real estate investment and other assets held for sale | 8,250 | - | ||
| Total assets | 5,262,354 | 5,269,448 | ||
| Debt obligations, net | 2,385,326 | 2,393,114 | ||
| Below-market lease liabilities, net | 117,316 | 121,140 | ||
| Accounts payable and other liabilities | 156,805 | 136,024 | ||
| Deferred income | 22,722 | 24,948 | ||
| Liabilities of real estate investment held for sale | 461 | - | ||
| Total liabilities | 2,682,630 | 2,675,226 | ||
| Common stock, 0.01 par value per share, 1,000,000 shares authorized, 125,710 and 125,120 shares issued and outstanding at september30, 2025 and december 31, 2024, respectively | 1,257 | 1,256 | ||
| Additional paid-in capital (apic) | 3,661,270 | 3,657,722 | ||
| Accumulated other comprehensive income (aoci) | 980 | 1,989 | ||
| Accumulated deficit | -1,385,714 | -1,370,828 | ||
| Total stockholders equity | 2,277,793 | 2,290,139 | ||
| Noncontrolling interests | 301,931 | 304,083 | ||
| Total equity | 2,579,724 | 2,594,222 | ||
| Total liabilities and equity | 5,262,354 | 5,269,448 | ||
Phillips Edison & Company, Inc. (PECO)
Phillips Edison & Company, Inc. (PECO)