For the year ending 2025-12-31, PINE-PA has $715,874K in assets. $414,618K in debts. $4,589K in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | |||
|---|---|---|---|---|
| Land, at cost | 151,628 | |||
| Building and improvements, at cost | 344,138 | |||
| Total real estate, at cost | 495,766 | |||
| Less, accumulated depreciation | 54,446 | |||
| Real estate-net | 441,320 | |||
| Assets held for sale | 8,077 | |||
| Commercial loans and investments | 167,553 | |||
| Cash and cash equivalents | 4,589 | |||
| Restricted cash | 34,410 | |||
| Intangible lease assets-net | 48,925 | |||
| Straight-line rent adjustment | 2,092 | |||
| Other assets | 8,908 | |||
| Total assets | 715,874 | |||
| Accounts payable | 9 | |||
| Accrued expenses | 2,416 | |||
| Tenant security deposits | 124 | |||
| Due to cto | 1,350 | |||
| Interest rate swaps | 171 | |||
| Loan reserves | 715 | |||
| Operating leases - liability | 3,092 | |||
| Accounts payable, accrued expenses, and other liabilities | 7,877 | |||
| Prepaid rent and deferred revenue | 14,031 | |||
| Intangible lease liabilities-net | 4,971 | |||
| Obligation under participation agreement | 10,000 | |||
| Long-term debt, gross | 378,000 | |||
| Financing costs, net of accumulated amortization | 261 | |||
| Long-term debt-net | 377,739 | |||
| Total liabilities | 414,618 | |||
| Preferred stock, 0.01 par value per share, 100 million shares authorized, 0.01 par value, 8.00 series a cumulative redeemable preferred stock, 25.00 per share liquidation preference, 2,083,328 shares issued and outstanding as of december 31, 2025 and no shares issued and outstanding as of december 31, 2024 | 21 | |||
| Common stock, 0.01 par value per share, 500 million shares authorized, 14,783,419 shares issued and outstanding as of december 31, 2025 and 14,691,982 shares issued and outstanding as of december 31, 2024 | 148 | |||
| Additional paid-in capital | 313,690 | |||
| Dividends in excess of net income | -35,276 | |||
| Accumulated other comprehensive income | 1,293 | |||
| Stockholders' equity | 279,876 | |||
| Noncontrolling interest | 21,380 | |||
| Total equity | 301,256 | |||
| Total liabilities and equity | 715,874 | |||
Alpine Income Property Trust, Inc. (PINE-PA)
Alpine Income Property Trust, Inc. (PINE-PA)