For the quarter ending 2026-03-31, SRG had -$3,471K decrease in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net loss | -30,318 | -5,085 | -12,422 | -50,708 |
| Equity in loss of unconsolidated entities | -7,167 | -6,641 | 644 | -7,172 |
| Loss (gain) on sale of interest in unconsolidated entities | - | 0 | 0 | -1,417 |
| Distributions from unconsolidated entities | 1,408 | 635 | 909 | 2,605 |
| Gain on sale of real estate, net | 0 | 11,439 | 0 | 8,903 |
| Impairment of real estate assets | 15,183 | 0 | 800 | 18,000 |
| Share-based compensation | 0 | 0 | 0 | 201 |
| Depreciation and amortization | 400 | 469 | 1,698 | 4,115 |
| Amortization of deferred financing costs | 986 | 1,009 | 668 | - |
| Amortization of above and below market leases, net | 39 | 36 | 30 | 87 |
| Straight-line rent adjustment | -3 | -324 | -166 | 225 |
| Abandoned project costs | - | 0 | - | - |
| Non-cash lease expense | 1 | 0 | 147 | 875 |
| Tenant and other receivables | 82 | -959 | -198 | -470 |
| Prepaid expenses, deferred expenses and other assets | -1,890 | -2,701 | 4,386 | -970 |
| Accounts payable, accrued expenses and other liabilities | -2,392 | 3,237 | 660 | 2,240 |
| Net cash used in operating activities | -5,721 | -1,161 | -12,508 | -21,234 |
| Investment in unconsolidated entities | 2,398 | 130 | 0 | 362 |
| Distributions from unconsolidated entities | 5,963 | 1,075 | 1,209 | 4,838 |
| Net proceeds from sale of interests in unconsolidated entities | - | 0 | 0 | 8,092 |
| Net proceeds from sale of real estate | 0 | 158,508 | 0 | 51,560 |
| Development of real estate | 144 | 4,547 | 3,734 | 18,041 |
| Net cash provided by investing activities | 3,421 | 154,906 | -2,525 | 46,087 |
| Repayment of term loan | - | 150,000 | 0 | 40,000 |
| Payment of deferred financing costs | - | 0 | 4,000 | - |
| Purchase of shares related to stock grant recipients' tax withholdings | - | 126 | - | - |
| Preferred dividends paid | 1,225 | 1,225 | 1,225 | 2,450 |
| Contributions from non-controlling member of consolidated variable interest entities | 54 | 19 | 0 | 18 |
| Net cash used in financing activities | -1,171 | -151,332 | -5,225 | -42,432 |
| Net decrease in cash and cash equivalents, and restricted cash | -3,471 | 2,413 | -20,258 | -17,579 |
| Cash and cash equivalents, and restricted cash, beginning of period | 62,285 | 59,872 | 97,709 | - |
| Cash and cash equivalents, and restricted cash, end of period | 58,814 | 62,285 | 59,872 | - |
Seritage Growth Properties (SRG)
Seritage Growth Properties (SRG)