For the quarter ending 2026-03-31, PECO had -$20,953K decrease in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 33,242 | 52,595 | 27,228 | 43,145 |
| Depreciation and amortization of real estate assets | 65,182 | 63,926 | 65,205 | 135,703 |
| Depreciation and amortization of corporate assets | 349 | 368 | 398 | 774 |
| Net amortization of above- and below-market leases | -2,451 | -2,367 | -2,204 | -4,072 |
| Amortization of deferred financing expenses | 982 | 1,235 | 1,235 | 2,416 |
| Amortization of debt and derivative adjustments | 638 | 587 | 589 | 1,252 |
| Loss on extinguishment or modification of debt, net | -1,080 | -89 | 0 | -1 |
| Gain on disposal of property, net | 6,817 | 28,992 | 4,255 | 5,543 |
| Impairment of investment in third parties | - | 0 | - | - |
| Straight-line rent, net | 2,879 | 2,850 | 2,895 | 4,947 |
| Share-based compensation | 2,218 | 3,147 | 3,167 | 5,367 |
| Return on investment in unconsolidated joint ventures | 136 | 267 | 144 | 361 |
| Other | -246 | -372 | 219 | 396 |
| Other assets, net | 8,235 | -937 | 6,874 | 11,571 |
| Accounts payable and other liabilities | -28,135 | 6,750 | 13,904 | -5,828 |
| Net cash provided by operating activities | 55,556 | 96,064 | 95,423 | 156,662 |
| Real estate acquisitions, net | 126,427 | 78,173 | 13,930 | 268,108 |
| Capital expenditures | 26,462 | 40,432 | 36,356 | 59,356 |
| Proceeds from sale of real estate, net | 5,793 | - | 8,716 | 6,438 |
| Proceeds (payments) from sale of real estate, net | - | 121,655 | - | - |
| Proceeds from secured loan receivable | 3,775 | - | - | - |
| Investment in unconsolidated joint ventures | 894 | 6,712 | 3,437 | 3,550 |
| Return of investment in unconsolidated joint ventures | 367 | 90 | 444 | 1,334 |
| Investment in marketable securities | 164 | 154 | 2,156 | 6,002 |
| Proceeds from sale of marketable securities | 963 | 133 | - | - |
| Insurance proceeds for property damage claims | 50 | 1,767 | 531 | 122 |
| Net cash used in investing activities | -127,845 | -16,980 | -46,188 | -329,122 |
| Proceeds from the issuance of common stock | - | 0 | - | - |
| Payment of offering costs | - | 0 | - | - |
| Proceeds from revolving credit facility | 190,000 | 207,000 | 52,000 | 488,000 |
| Payments on revolving credit facility | 101,000 | 118,000 | 60,000 | 517,000 |
| Proceeds from notes and loans payable, net | 346,500 | 133 | 0 | 346,164 |
| Payments on mortgages and loans payable | 323,634 | 100,507 | 1,038 | 44,039 |
| Distributions paid | 54,732 | 27,415 | 39,548 | 90,312 |
| Distributions to noncontrolling interests | 5,798 | 2,794 | 4,014 | 9,826 |
| Net cash provided by financing activities | 51,336 | -41,583 | -52,600 | 172,987 |
| Net decrease in cash, cash equivalents, and restricted cash | -20,953 | 37,501 | -3,365 | 527 |
| Beginning of period | 43,312 | 2,838 | 8,649 | - |
| End of period | 22,359 | 37,501 | 5,811 | - |
Phillips Edison & Company, Inc. (PECO)
Phillips Edison & Company, Inc. (PECO)