Terra Property Trust, Inc. (TPTA)
Terra Property Trust, Inc. (TPTA)
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 4,970,512 | 33,172,814 | 17,361,610 | 5,928,733 |
| Restricted cash | 569,080 | 1,202,134 | 1,191,757 | 1,238,731 |
| Cash held in escrow | 3,290,787 | 3,519,393 | 3,461,672 | 25,576,658 |
| Available-for-sale debt securities | NaN | 0 | 1,451,104 | 1,191,299 |
| Real estate asset held for sale | 9,788,999 | NaN | NaN | 27,037,500 |
| Carrying value-Loans Held For Investment | 94,832,555 | 134,644,098 | 178,209,858 | 175,053,810 |
| Carrying value-Loans Held For Investment Acquired Through Participation | 18,575,489 | 18,743,315 | 25,282,191 | 23,116,267 |
| Equity interest in unconsolidated investments | 90,044,039 | 94,218,842 | 106,486,798 | 107,171,843 |
| Land, building and building improvements, net | 46,609,305 | 47,062,934 | 47,290,683 | 75,706,644 |
| Lease intangible assets, net | 622,556 | 1,850,543 | 2,094,853 | 3,844,085 |
| Interest receivable | 8,969,875 | 8,252,234 | 7,738,656 | 6,820,077 |
| Due from related parties-Related Party | 1,728,015 | 1,743,577 | 1,573,154 | 1,217,344 |
| Other assets | 3,998,403 | 7,130,874 | 5,962,000 | 5,446,846 |
| Total assets | 283,999,615 | 351,540,758 | 398,104,336 | 459,349,837 |
| Unsecured notes payable, net | 56,148,203 | 117,949,074 | 122,098,986 | 121,526,268 |
| Secured financing agreements, net | 71,527,031 | 60,908,096 | 89,794,186 | 138,649,716 |
| Obligations under participation agreements (note 8) | 18,200,782 | 18,197,981 | 18,177,137 | 19,799,722 |
| Interest reserve and other deposits held on investments | 569,080 | 1,202,134 | 1,191,757 | 1,238,731 |
| Lease intangible liabilities, net (note 5) | 329,191 | 1,553,716 | 1,744,599 | 2,381,355 |
| Other liabilities-Related Party | 194,105 | 728,212 | 1,112,181 | 1,133,336 |
| Interest payable | 1,625,532 | 654,465 | 1,063,998 | 1,301,829 |
| Accounts payable and accrued expenses | 3,102,947 | 2,964,488 | 2,709,039 | 3,931,332 |
| Unearned income | 96,614 | 151,622 | 150,485 | 277,706 |
| Other liabilities-Nonrelated Party | 1,758,025 | 766,742 | 340,133 | 583,760 |
| Total liabilities | 153,551,510 | 205,076,530 | 238,382,501 | 290,823,755 |
| Preferred stock | 0 | 0 | 0 | 0 |
| Common stock-Common Class A | 0 | 0 | 0 | 0 |
| Common stock-Common Class B | 243,401 | 243,399 | 243,394 | 243,389 |
| Additional paid-in capital | 444,497,891 | 444,496,228 | 444,492,266 | 444,488,215 |
| Accumulated deficit | -314,293,187 | -298,275,399 | -285,316,276 | -276,248,168 |
| Accumulated other comprehensive income (loss) | 0 | 0 | 302,451 | 42,646 |
| Total equity | 130,448,105 | 146,464,228 | 159,721,835 | 168,526,082 |
| Total liabilities and equity | 283,999,615 | 351,540,758 | 398,104,336 | 459,349,837 |