STHO: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, STHO has $595,864K in assets. $302,198K in debts. $40,592K in cash and cash equivalents.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-09-30	2025-06-30
Real estate, at cost	98,951	98,921
Less accumulated depreciation	27,399	26,684
Real estate, net	71,552	72,237
Land and development, net	192,784	191,389
Gross carrying value of loans-Loans Receivable	34,118	-
Other Lending Investments	21,174	-
Other lending investments	21,174	-
Total gross carrying value of loans receivable and other lending investments	55,292	-
Allowance for loan losses	1,013	-
Loans receivable and other lending investments, net (1,013 and 1,118 of allowances as of september 30, 2025 and december 31, 2024, respectively)	54,279	47,082
Other investments	209,466	210,412
Cash and cash equivalents	40,592	44,201
Accrued interest and operating lease income receivable, net	1,197	1,314
Deferred operating lease income receivable, net	498	565
Deferred expenses and other assets, net	25,496	22,720
Total assets	595,864	589,920

Other liabilities	32,615	-
Accrued expenses	9,560	-
Operating lease liabilities	750	-
Accounts payable, accrued expenses and other liabilities	42,925	48,575
Debt obligations, net	259,273	245,396
Total liabilities	302,198	293,971
Common stock, 0.001 par value, 200,000 shares authorized, 12,897 and 13,320 shares issued and outstanding as of september 30, 2025 and december 31, 2024, respectively	13	13
Additional paid-in capital	604,104	607,434
Accumulated deficit	-328,309	-330,108
Accumulated other comprehensive income (loss)	-381	-1,195
Star holdings shareholders' equity	275,427	276,144
Noncontrolling interests	18,239	19,805
Total equity	293,666	295,949
Total liabilities and equity	595,864	589,920