| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Land | 7,774,737 | 7,787,021 | ||
| Buildings and improvements | 4,607,202 | 4,594,494 | ||
| Tenant improvements | 194,405 | 186,429 | ||
| Furniture, fixtures and equipment | 132 | 132 | ||
| Construction in progress | 475,072 | 431,807 | ||
| Total real estate held for investment | 13,051,548 | 12,999,883 | ||
| Accumulated depreciation | 1,119,746 | 1,070,684 | ||
| Investments in real estate, net | 11,931,802 | 11,929,199 | ||
| Cash and cash equivalents | 248,956 | 431,117 | ||
| Restricted cash | 65,464 | 130,071 | ||
| Loan receivable, net | 123,589 | 123,474 | ||
| Rents and other receivables, net | 15,727 | 12,861 | ||
| Deferred rent receivable, net | 181,439 | 173,691 | ||
| Deferred leasing costs, net | 82,227 | 71,482 | ||
| Assets associated with real estate held for sale | - | 6,282 | ||
| Deferred loan costs, net | 7,391 | 7,892 | ||
| Acquired lease intangible assets, net | 154,931 | 169,036 | ||
| Acquired indefinite-lived intangible asset | 5,156 | 5,156 | ||
| Interest rate swap assets | 2,804 | 3,586 | ||
| Other assets | 31,522 | 15,765 | ||
| Total assets | 12,851,008 | 13,079,612 | ||
| Principal amount | 3,278,896 | - | ||
| Less unamortized discount and deferred loan costs | 29,163 | - | ||
| Liabilities associated with real estate held for sale | - | 4 | ||
| Notes payable | 3,249,733 | 3,347,575 | ||
| Interest rate swap liability | 1,626 | 667 | ||
| Accounts payable, accrued expenses and other liabilities | 153,558 | 124,814 | ||
| Dividends and distributions payable | 103,913 | 105,594 | ||
| Acquired lease intangible liabilities, net | 122,870 | 129,683 | ||
| Tenant security deposits | 91,835 | 90,757 | ||
| Tenant prepaid rents | 85,114 | 85,494 | ||
| Total liabilities | 3,808,649 | 3,884,588 | ||
| Preferred stock, 0.01 par value per share, 10,050,000 shares authorized-Series BPreferred Stock | 72,443 | 72,443 | ||
| Preferred stock, 0.01 par value per share, 10,050,000 shares authorized-Series CPreferred Stock | 83,233 | 83,233 | ||
| Common stock, 0.01 par value per share, 489,950,000 authorized and 232,810,406 and 225,285,011 shares outstanding at september30, 2025 and december31, 2024, respectively | 2,328 | 2,367 | ||
| Additional paid-in capital | 8,993,439 | 9,140,264 | ||
| Cumulative distributions in excess of earnings | 474,813 | 462,309 | ||
| Accumulated other comprehensive income | -515 | 1,092 | ||
| Total stockholders equity | 8,676,115 | 8,837,090 | ||
| Noncontrolling interests | 366,244 | 357,934 | ||
| Total equity | 9,042,359 | 9,195,024 | ||
| Total liabilities and equity | 12,851,008 | 13,079,612 | ||
Rexford Industrial Realty, Inc. (REXR)
Rexford Industrial Realty, Inc. (REXR)