| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Land | 793,164 | 782,046 | ||
| Buildings and improvements, net of accumulated depreciation of 1,221,545 and 1,085,866, respectively | 5,396,280 | 5,325,367 | ||
| Deferred leasing intangibles, net of accumulated amortization of 426,813 and 386,627, respectively | 381,714 | 392,677 | ||
| Total rental property, net | 6,571,158 | 6,500,090 | ||
| Cash and cash equivalents | 17,319 | 15,379 | ||
| Restricted cash | 1,110 | 20,466 | ||
| Tenant accounts receivable | 144,996 | 138,936 | ||
| Prepaid expenses and other assets | 109,705 | 100,464 | ||
| Interest rate swaps | 16,945 | 19,703 | ||
| Operating lease right-of-use assets | 29,756 | 30,110 | ||
| Assets held for sale, net | 6,091 | - | ||
| Total assets | 6,897,080 | 6,825,148 | ||
| Unsecured credit facility | 110,000 | 51,000 | ||
| Unsecured term loans, net | 1,021,045 | 1,022,522 | ||
| Unsecured notes, net | 1,966,606 | 1,966,291 | ||
| Mortgage note, net | 4,035 | 4,089 | ||
| Accounts payable, accrued expenses and other liabilities | 154,515 | 117,823 | ||
| Interest rate swaps | 1,271 | 1,250 | ||
| Tenant prepaid rent and security deposits | 55,065 | 54,445 | ||
| Dividends and distributions payable | 23,669 | 23,668 | ||
| Deferred leasing intangibles, net of accumulated amortization of 35,569 and 31,368, respectively | 26,879 | 29,044 | ||
| Operating lease liabilities | 34,039 | 34,357 | ||
| Total liabilities | 3,397,124 | 3,304,489 | ||
| Preferred stock | 0 | 0 | ||
| Common stock, par value 0.01 per share, 300,000,000 shares authorized at september30, 2025 and december31, 2024, 186,744,593 and 186,517,523 shares issued and outstanding at september30, 2025 and december31, 2024, respectively | 1,867 | 1,867 | ||
| Additional paid-in capital | 4,456,453 | 4,452,472 | ||
| Cumulative dividends in excess of earnings | -1,048,331 | -1,027,416 | ||
| Accumulated other comprehensive income | 15,236 | 17,954 | ||
| Total stockholders equity | 3,425,225 | 3,444,877 | ||
| Noncontrolling interest in operating partnership | 71,078 | 72,447 | ||
| Noncontrolling interest in joint ventures | 3,653 | 3,335 | ||
| Total equity | 3,499,956 | 3,520,659 | ||
| Total liabilities and equity | 6,897,080 | 6,825,148 | ||
STAG Industrial, Inc. (STAG)
STAG Industrial, Inc. (STAG)