For the quarter ending 2025-09-30, PLYM has $1,570,477K in assets. $1,017,502K in debts.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Real estate properties | 1,691,214 | 1,685,321 | ||
| Less accumulated depreciation | 309,357 | 291,874 | ||
| Real estate properties, net | 1,381,857 | - | ||
| Cash | 15,824 | 11,399 | ||
| Real estate properties, net | - | 1,393,447 | ||
| Cash held in escrow | 1,990 | 1,821 | ||
| Restricted cash | 24,158 | 24,255 | ||
| Investment in unconsolidated joint ventures | 39,696 | 47,107 | ||
| Deferred lease intangibles, net | 52,570 | 54,509 | ||
| Other assets | 46,204 | 40,909 | ||
| Interest rate swaps | 8,178 | 10,295 | ||
| Forward contract asset | 0 | 0 | ||
| Total assets | 1,570,477 | 1,583,742 | ||
| Secured debt, net | 173,727 | 174,485 | ||
| Unsecured debt, net | 448,297 | 448,102 | ||
| Borrowings under line of credit | 221,900 | 214,200 | ||
| Accounts payable, accrued expenses and other liabilities | 90,472 | 82,785 | ||
| Warrant liability | 62,069 | 32,502 | ||
| Embedded derivative liability - series c preferred units | 11,793 | - | ||
| Deferred lease intangibles, net | 6,884 | 7,611 | ||
| Financing lease liability | 2,305 | 2,302 | ||
| Interest rate swaps | 55 | 174 | ||
| Total liabilities | 1,017,502 | 962,161 | ||
| Redeemable non-controlling interest - series c preferred units, 500,000 units authorized, (aggregate liquidation preference of 186,587 and 81,985 at september 30, 2025 and december 31, 2024, respectively) | 77,694 | 76,123 | ||
| Common stock, 0.01 par value 900,000,000 shares authorized 44,551,164 and 45,389,186 shares issued and outstanding at september 30, 2025 and december 31, 2024, respectively | 446 | 448 | ||
| Additional paid in capital | 559,446 | 572,496 | ||
| Accumulated deficit | -97,870 | -43,507 | ||
| Accumulated other comprehensive income | 8,039 | 10,133 | ||
| Total stockholders' equity | 470,061 | 539,570 | ||
| Non-controlling interest | 5,220 | 5,888 | ||
| Total equity | 475,281 | 545,458 | ||
| Total liabilities, redeemable non-controlling interest and equity | 1,570,477 | 1,583,742 | ||
Plymouth Industrial REIT, Inc. (PLYM)
Plymouth Industrial REIT, Inc. (PLYM)