For the quarter ending 2026-03-31, SAFE has $7,381,851K in assets. $4,920,363K in debts. $19,304K in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Total undiscounted cash flows | 34,675,474 | 34,314,838 | 33,945,980 | - |
| Unguaranteed estimated residual value | 3,120,571 | 3,099,768 | 3,090,615 | - |
| Present value discount | 34,178,023 | 33,840,181 | 33,500,354 | - |
| Allowance for credit losses | 10,946 | 10,750 | 8,966 | - |
| Net investment in sales-type leases (10,946 and 10,750 of allowances as of march 31, 2026 and december 31, 2025, respectively) | 3,607,076 | 3,563,675 | 3,527,275 | 3,511,257 |
| Ground lease receivables, net (5,024 and 4,872 of allowances as of march 31, 2026 and december 31, 2025, respectively) | 2,053,883 | 2,003,931 | 1,961,019 | 1,903,883 |
| Real estate, at cost | 743,728 | 740,971 | 740,971 | 740,971 |
| Less accumulated depreciation | 53,771 | 52,222 | 50,797 | 49,373 |
| Real estate, net | 689,957 | 688,749 | 690,174 | 691,598 |
| Real estate-related intangible assets, net | 203,131 | 204,016 | 205,399 | 206,782 |
| Real estate available and held for sale | 836 | 2,028 | 2,955 | 5,187 |
| Total real estate, net and real estate-related intangible assets, net and real estate available and held for sale | 893,924 | 894,793 | 898,528 | 903,567 |
| Loans receivable, net-Nonrelated Party | 62,103 | 46,088 | 44,966 | 43,301 |
| Loans receivable, net-Related Party | 112,535 | 112,556 | 112,544 | 112,533 |
| Equity investments | 285,919 | 280,850 | 272,890 | 261,107 |
| Cash and cash equivalents | 19,304 | 21,705 | 12,123 | 13,907 |
| Restricted cash | 8,817 | 9,031 | 9,136 | 9,030 |
| Deferred tax asset, net | 3,458 | 3,516 | 3,893 | 3,669 |
| Deferred operating lease income receivable | 248,616 | 241,100 | 233,552 | 225,978 |
| Deferred expenses and other assets, net | 86,216 | 72,030 | 72,120 | 74,926 |
| Total assets | 7,381,851 | 7,249,275 | 7,148,046 | 7,063,158 |
| Interest payable | 103,157 | 103,656 | 98,555 | - |
| Other liabilities | 22,847 | 19,495 | 17,602 | - |
| Dividends declared and payable | 13,661 | 13,559 | 13,446 | - |
| Operating lease liabilities | 5,589 | 5,622 | 7,092 | - |
| Accrued expenses | 16,362 | 19,088 | 13,803 | - |
| Accounts payable, accrued expenses and other liabilities | 161,616 | 161,420 | 150,498 | 152,174 |
| Real estate-related intangible liabilities, net | 61,881 | 62,089 | 62,297 | 62,505 |
| Long Term Debt Maturities Repayments Of Principal In Next Twelve Months | 10,000 | 0 | - | - |
| 2026-Unsecured Debt | - | 0 | - | - |
| 2027 | 10,000 | 0 | - | - |
| Long Term Debt Maturities Repayments Of Principal In Year Two | 79,193 | 10,000 | 237,000 | - |
| Unsecured Debt | - | 0 | - | - |
| 2028 | 79,193 | 10,000 | 237,000 | - |
| Secured Debt | - | 79,193 | 79,193 | - |
| Long Term Debt Maturities Repayments Of Principal In Year Three | 890,000 | 0 | - | - |
| 2029 | 890,000 | 79,193 | 79,193 | - |
| Secured Debt | - | 0 | - | - |
| Long Term Debt Maturities Repayments Of Principal In Year Four | 400,000 | 780,000 | 881,000 | - |
| 2030 | 400,000 | 780,000 | 881,000 | - |
| Secured Debt | - | 0 | - | - |
| Unsecured Debt | - | 400,000 | - | - |
| 2030 | - | 400,000 | - | - |
| Thereafter | 3,371,398 | 3,371,398 | 3,369,247 | - |
| Total principal maturities | 4,750,591 | 4,640,591 | 4,566,440 | - |
| Debt premium, discount and deferred financing costs, net | 53,725 | 54,704 | 52,480 | - |
| Debt obligations, net | 4,696,866 | 4,585,887 | 4,513,960 | 4,444,412 |
| Total liabilities | 4,920,363 | 4,809,396 | 4,726,755 | 4,659,091 |
| Redeemable noncontrolling interests | 800 | - | - | - |
| Common stock, 0.01 par value, 400,000 shares authorized, 71,820 and 71,756 shares issued and outstanding as of march 31, 2026 and december 31, 2025, respectively | 718 | 717 | 717 | 717 |
| Additional paid-in capital | 2,198,355 | 2,199,265 | 2,197,820 | 2,196,759 |
| Retained earnings | 181,797 | 165,737 | 150,674 | 134,186 |
| Accumulated other comprehensive income (loss) | 47,440 | 42,592 | 41,052 | 41,730 |
| Total safehold inc. shareholders' equity | 2,428,310 | 2,408,311 | 2,390,263 | 2,373,392 |
| Noncontrolling interests | 32,378 | 31,568 | 31,028 | 30,675 |
| Total equity | 2,460,688 | 2,439,879 | 2,421,291 | 2,404,067 |
| Total liabilities and equity | 7,381,851 | 7,249,275 | 7,148,046 | 7,063,158 |
Safehold Inc. (SAFE)
Safehold Inc. (SAFE)