| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 287,498 | 194,442 |
| Depreciation and amortization | 239,100 | 157,928 |
| Amortization of net (below) above market lease intangibles and other deferred rent on certain other below-market leases | -20,228 | -14,974 |
| Amortization of debt issuance costs | 3,729 | 2,389 |
| Amortization of discount/(premium) on notes payable, net | 4,736 | 3,139 |
| Accretion of net loan origination fees and costs | 345 | 230 |
| Loss on debt extinguishment | -200 | -200 |
| Gains on sale of real estate | 86,101 | 57,518 |
| Share-based compensation | 31,719 | 19,790 |
| Straight-line rent | 20,599 | 12,435 |
| Amortization related to termination/settlement of interest rate derivatives | 232 | 154 |
| Rents and other receivables | -343 | -3,017 |
| Deferred leasing costs | 21,822 | 11,406 |
| Other assets | 5,479 | -10,442 |
| Accounts payable, accrued expenses and other liabilities | 17,969 | -11,447 |
| Tenant security deposits | 1,863 | 285 |
| Tenant prepaid rents | 2,475 | 3,068 |
| Net cash provided by operating activities | 430,340 | 280,708 |
| Acquisition of investments in real estate | 0 | 0 |
| Capital expenditures | 251,496 | 162,344 |
| Return of deposits on real estate acquisitions | 0 | 0 |
| Proceeds from sale of real estate | 180,115 | 128,958 |
| Net cash used in investing activities | -71,381 | -33,386 |
| Issuance of common stock, net | 477,598 | 477,598 |
| Proceeds from borrowings | 0 | 0 |
| Repayment of borrowings | 100,725 | 481 |
| Payment of debt issuance costs | 9,342 | 9,308 |
| Dividends paid to preferred stockholders | 6,943 | 4,629 |
| Dividends paid to common stockholders | 297,388 | 195,610 |
| Distributions paid to common unitholders | 11,314 | 7,498 |
| Distributions paid to preferred unitholders | 561 | 471 |
| Repurchase of common stock under stock repurchase programs | 150,078 | - |
| Repurchase of common shares to satisfy employee tax withholding requirements | 1,757 | 1,706 |
| Net cash (used in) provided by financing activities | -100,510 | 257,895 |
| Increase in cash, cash equivalents and restricted cash | 258,449 | 505,217 |
| Cash and cash equivalents at beginning of period | 55,971 | - |
| Cash and cash equivalents at end of period | 314,420 | - |
Rexford Industrial Realty, Inc. (REXR)
Rexford Industrial Realty, Inc. (REXR)