For the quarter ending 2026-03-31, PINE had -$11,953K decrease in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Lease income | - | 48,657 | - | - |
| Interest And Fee Income Loans Commercial Real Estate | - | 11,350 | - | - |
| Interest income from commercial loans and investments | - | 11,350 | - | - |
| Total revenues for reportable segments | - | 60,007 | - | - |
| Real Estate Expenses | - | 7,956 | - | - |
| Real estate expenses | - | 7,956 | - | - |
| Total revenues less direct costs of revenues | - | 52,051 | - | - |
| Provision for impairment | - | 7,416 | - | - |
| Depreciation Depletion And Amortization | - | 27,383 | - | - |
| Depreciation and amortization | - | 27,383 | - | - |
| Total revenues less operating expenses for reportable segments | - | 17,252 | - | - |
| Gain Loss On Disposition Of Assets1 | - | 2,070 | - | - |
| Gain on disposition of assets | - | 27 | - | - |
| Net income from operations for reportable segments | - | 19,322 | - | - |
| Other revenues | 46 | 525 | - | - |
| Lease income | -23,368 | - | 35,970 | - |
| Interest And Fee Income Loans Commercial Real Estate | -1,600 | - | 7,358 | - |
| Interest income from commercial loans and investments | -1,600 | - | 7,358 | - |
| Total revenues for reportable segments | -24,968 | - | 43,328 | - |
| Real Estate Expenses | -3,728 | - | 6,030 | - |
| Real estate expenses | -3,728 | - | 6,030 | - |
| Total revenues less direct costs of revenues | -21,240 | - | 37,298 | - |
| Asset Impairment Charges | 374 | - | - | - |
| Provision for impairment | -6,241 | - | 6,749 | - |
| Depreciation Depletion And Amortization | -13,394 | - | 20,609 | - |
| Depreciation and amortization | -13,394 | - | 20,609 | - |
| Total revenues less operating expenses for reportable segments | -1,605 | - | 9,940 | - |
| Gain Loss On Disposition Of Assets1 | -1,946 | - | 2,043 | - |
| Gain on disposition of assets | -1,946 | - | 2,043 | - |
| Net income from operations for reportable segments | -3,551 | - | 3,993 | - |
| Other revenues-Material Reconciling Items | - | - | 121 | - |
| General and administrative expenses-Material Reconciling Items | - | - | 8,521 | - |
| General and administrative expenses | 1,859 | 6,709 | - | - |
| Investment and other income-Material Reconciling Items | - | - | 68 | - |
| Investment and other income | 91 | 242 | - | - |
| Interest expense-Material Reconciling Items | - | - | -3,910 | - |
| Interest expense | -4,353 | -16,265 | - | - |
| Net income (loss) | 2,357 | 1,598 | -1,423 | -3,060 |
| Depreciation and amortization | 7,215 | 6,774 | 6,597 | 14,012 |
| Amortization of intangible lease assets and liabilities to lease income | 236 | 191 | 176 | 246 |
| Amortization of deferred financing costs to interest expense | 265 | 204 | 197 | 394 |
| Accretion of commercial loans and investments origination fees | 256 | 200 | 124 | 200 |
| Paid-in-kind accrued interest | 544 | - | - | - |
| Gain on disposition of assets | 97 | 27 | -46 | 2,089 |
| Provision for impairment | 508 | 667 | 1,915 | 4,834 |
| Non-cash compensation | 95 | 95 | 95 | 190 |
| Straight-line rent adjustment | 157 | 164 | 177 | 362 |
| Other assets | 1,871 | -300 | 118 | -192 |
| Accounts payable, accrued expenses, and other liabilities | 70 | -1,287 | -329 | 588 |
| Prepaid rent and deferred revenue | -2,989 | -5,671 | 2,227 | 671 |
| Net cash provided by operating activities | 4,360 | 2,098 | 8,730 | 14,924 |
| Acquisition of real estate including intangible lease assets and liabilities | - | 33,802 | 27,175 | 40,339 |
| Investments in and improvements to real estate | - | 7,232 | - | - |
| Proceeds from disposition of assets | 5,530 | 36,601 | 5,824 | 26,820 |
| Acquisition of commercial loans and investments | 57,529 | 72,495 | 30,320 | 33,098 |
| Principal payments received on commercial loans and investments | 8,217 | 7,246 | 38,609 | 11,856 |
| Proceeds from sale of participation interest | 10,763 | 10,000 | - | - |
| Payments on participation obligation | 465 | 0 | 2,272 | 9,131 |
| Cash received for commercial loan reserves | 8,179 | 15,045 | - | - |
| Net cash used in investing activities | -25,305 | -44,637 | -15,334 | -43,892 |
| Proceeds from long-term debt | 240,088 | 100,500 | 50,000 | 65,500 |
| Payment of equity issuance costs | - | - | - | 71 |
| Payments on long-term debt | 256,588 | 81,000 | 44,500 | 14,500 |
| Cash paid for loan fees | 4,229 | 30 | 0 | 111 |
| Repurchases of common stock | - | 0 | 0 | 8,798 |
| Proceeds from issuance of preferred stock, net of underwriting discount and expenses | - | 48,127 | - | - |
| Proceeds from stock issuances, net | 36,118 | 12,333 | -71 | - |
| Dividends paid - preferred stock | 1,122 | 552 | - | - |
| Dividends paid - common stock | 5,275 | 4,478 | 4,385 | 8,876 |
| Net cash provided by financing activities | 8,992 | 74,900 | 1,115 | 33,144 |
| Net increase (decrease) in cash and cash equivalents and restricted cash | -11,953 | 32,361 | -5,489 | 4,176 |
| Cash and cash equivalents and restricted cash, beginning of period | 38,999 | 6,638 | 7,951 | - |
| Cash and cash equivalents and restricted cash, end of period | 27,046 | 38,999 | 6,638 | - |
Alpine Income Property Trust, Inc. (PINE)
Alpine Income Property Trust, Inc. (PINE)