| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Land | 7,562,694 | 7,689,921 | 7,774,737 | 7,787,021 |
| Buildings and improvements | 4,821,492 | 4,677,318 | 4,607,202 | 4,594,494 |
| Tenant improvements | 205,656 | 198,161 | 194,405 | 186,429 |
| Furniture, fixtures and equipment | 132 | 132 | 132 | 132 |
| Construction in progress | 327,029 | 451,109 | 475,072 | 431,807 |
| Total real estate held for investment | 12,917,003 | 13,016,641 | 13,051,548 | 12,999,883 |
| Accumulated depreciation | 1,219,932 | 1,165,792 | 1,119,746 | 1,070,684 |
| Investments in real estate, net | 11,697,071 | 11,850,849 | 11,931,802 | 11,929,199 |
| Cash and cash equivalents | 51,714 | 165,778 | 248,956 | 431,117 |
| Restricted cash | NaN | NaN | 65,464 | 130,071 |
| Loan receivable, net | 123,819 | 123,704 | 123,589 | 123,474 |
| Rents and other receivables, net | 11,962 | 13,958 | 15,727 | 12,861 |
| Deferred rent receivable, net | 205,398 | 190,376 | 181,439 | 173,691 |
| Deferred leasing costs, net | 92,022 | 87,745 | 82,227 | 71,482 |
| Deferred loan costs, net | 6,382 | 6,886 | 7,391 | 7,892 |
| Acquired lease intangible assets, net | 130,045 | 140,627 | 154,931 | 169,036 |
| Acquired indefinite-lived intangible asset | 5,156 | 5,156 | 5,156 | 5,156 |
| Interest rate swap assets | 4,562 | 2,025 | 2,804 | 3,586 |
| Other assets | 20,500 | 25,609 | 31,522 | 15,765 |
| Real estate held for sale | 48,706 | NaN | NaN | NaN |
| Accumulated depreciation | 51 | NaN | NaN | NaN |
| Real estate held for sale, net | 48,655 | NaN | NaN | NaN |
| Rents and other receivables, net | 83 | NaN | NaN | NaN |
| Other assets associated with real estate held for sale | 23 | NaN | NaN | NaN |
| Assets associated with real estate held for sale | 48,761 | NaN | NaN | 6,282 |
| Total assets | 12,397,392 | 12,612,713 | 12,851,008 | 13,079,612 |
| Principal amount | 3,271,720 | 3,278,649 | 3,278,896 | NaN |
| Less unamortized discount and deferred loan costs | 24,269 | 26,740 | 29,163 | NaN |
| Notes payable | 3,247,451 | 3,251,909 | 3,249,733 | 3,347,575 |
| Interest rate swap liability | 9 | 829 | 1,626 | 667 |
| Accounts payable, accrued expenses and other liabilities | 125,007 | 120,849 | 153,558 | 124,814 |
| Dividends and distributions payable | 102,418 | 103,399 | 103,913 | 105,594 |
| Acquired lease intangible liabilities, net | 110,914 | 116,487 | 122,870 | 129,683 |
| Tenant security deposits | 95,219 | 92,444 | 91,835 | 90,757 |
| Tenant prepaid rents | 82,186 | 88,777 | 85,114 | 85,494 |
| Liabilities associated with real estate held for sale | 482 | NaN | NaN | 4 |
| Total liabilities | 3,763,686 | 3,774,694 | 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 | 72,443 | 72,443 |
| Preferred stock, 0.01 par value per share, 10,050,000 shares authorized-Series CPreferred Stock | 83,233 | 83,233 | 83,233 | 83,233 |
| Common stock, 0.01 par value per share, 489,950,000 authorized and 226,286,486 and 231,580,135 shares outstanding at march31, 2026 and december31, 2025, respectively | 2,263 | 2,316 | 2,328 | 2,367 |
| Additional paid-in capital | 8,745,875 | 8,945,123 | 8,993,439 | 9,140,264 |
| Cumulative distributions in excess of earnings | 651,692 | 642,130 | 474,813 | 462,309 |
| Accumulated other comprehensive income (loss) | 2,887 | -422 | -515 | 1,092 |
| Total stockholders equity | 8,255,009 | 8,460,563 | 8,676,115 | 8,837,090 |
| Noncontrolling interests | 378,697 | 377,456 | 366,244 | 357,934 |
| Total equity | 8,633,706 | 8,838,019 | 9,042,359 | 9,195,024 |
| Total liabilities and equity | 12,397,392 | 12,612,713 | 12,851,008 | 13,079,612 |
Rexford Industrial Realty, Inc. (REXR)
Rexford Industrial Realty, Inc. (REXR)