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Balance Sheets Overview

Debt to Asset Ratio
54.12%
Unit: Thousand (K) dollars
Assets Breakdown
    • Real estate-net
    • Commercial loans and investments
    • Intangible lease assets-net
    • Others
Liabilities Breakdown
    • Additional paid-in capital
    • Dividends in excess of net incom...
    • Noncontrolling interest
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
Land, at cost
166,572
154,668
151,628
Building and improvements, at cost
349,449
342,371
344,138
Total real estate, at cost
516,021
497,039
495,766
Less, accumulated depreciation
62,863
58,586
54,446
Real estate-net
453,158
438,453
441,320
Assets held for sale
375
375
8,077
Commercial loans and investments
238,575
217,158
167,553
Cash and cash equivalents
2,778
2,618
4,589
Restricted cash
23,296
24,428
34,410
Intangible lease assets-net
46,151
46,759
48,925
Straight-line rent adjustment
2,406
2,246
2,092
Other assets
14,774
13,089
8,908
Total assets
781,513
745,126
715,874
Accounts payable
37
58
9
Accrued expenses
2,494
2,548
2,416
Tenant security deposits
124
124
124
Due to cto
1,400
1,278
1,350
Interest rate swaps
-
112
171
Loan reserves
7,028
3,883
715
Operating leases - liability
3,010
3,051
3,092
Accounts payable, accrued expenses, and other liabilities
14,093
11,054
7,877
Prepaid rent and deferred revenue
17,661
16,053
14,031
Intangible lease liabilities-net
4,602
4,631
4,971
Obligation under participation agreement
19,062
20,298
10,000
Long-term debt, gross
369,500
361,500
378,000
Financing costs, net of accumulated amortization
1,948
2,072
261
Long-term debt-net
367,552
359,428
377,739
Total liabilities
422,970
411,464
414,618
Preferred stock, 100 million shares authorized, 0.01 par value, 8.00 series a cumulative redeemable preferred stock, 25.00 per share liquidation preference, 2,425,868 shares issued and outstanding as of june 30, 2026 and 2,083,328 shares issued and outstanding as of december 31, 2025
24
23
21
Common stock, 0.01 par value per share, 500 million shares authorized, 17,595,168 shares issued and outstanding as of june 30, 2026 and 14,783,419 shares issued and outstanding as of december 31, 2025
176
165
148
Additional paid-in capital
375,337
349,884
313,690
Dividends in excess of net income
-41,394
-39,120
-35,276
Accumulated other comprehensive income
3,148
1,509
1,293
Stockholders' equity
337,291
312,461
279,876
Noncontrolling interest
21,252
21,201
21,380
Total equity
358,543
333,662
301,256
Total liabilities and equity
781,513
745,126
715,874
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Building andimprovements, at cost$349,449K Land, at cost$166,572K Total real estate, atcost$516,021K Real estate-net$453,158K Commercial loans andinvestments$238,575K Intangible leaseassets-net$46,151K Restricted cash$23,296K Other assets$14,774K Cash and cashequivalents$2,778K Straight-line rent adjustment$2,406K Assets held for sale$375K Less, accumulateddepreciation$62,863K Total assets$781,513K Total liabilities andequity$781,513K Total liabilities$422,970K Total equity$358,543K Long-term debt-net$367,552K Obligation underparticipation agreement$19,062K Prepaid rent anddeferred revenue$17,661K Accounts payable,accrued expenses, and...$14,093K Intangible leaseliabilities-net$4,602K Stockholders' equity$337,291K Noncontrolling interest$21,252K Financing costs, net ofaccumulated amortization$1,948K Dividends in excess of netincome-$41,394K Long-term debt, gross$369,500K Loan reserves$7,028K Operating leases -liability$3,010K Accrued expenses$2,494K Due to cto$1,400K Tenant securitydeposits$124K Accounts payable$37K Additional paid-in capital$375,337K Accumulated othercomprehensive income$3,148K Common stock, 0.01 parvalue per share, 500...$176K Preferred stock, 100million shares...$24K

Alpine Income Property Trust, Inc. (PINE-PA)

Alpine Income Property Trust, Inc. (PINE-PA)