For the quarter ending 2026-03-31, UE had -$2,999K decrease in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 23,547 | 12,794 | 84,716 | - |
| Depreciation and amortization | 32,399 | 28,353 | 111,099 | - |
| Gain on sale of real estate | - | 0 | 49,695 | - |
| Real estate impairment loss | - | 0 | - | - |
| Loss (gain) on extinguishment of debt | -212 | -857 | 323 | - |
| Amortization of deferred financing costs and premiums/discounts on debt obligations | 1,516 | - | - | - |
| Amortization of above and below market leases, net | -2,636 | -2,888 | -12,173 | - |
| Amortization of lease incentive | 106 | 387 | - | - |
| Noncash lease expense | 1,691 | 1,570 | 5,005 | - |
| Straight-lining of rent | 362 | 909 | 1,870 | - |
| Share-based compensation expense | 3,656 | 2,824 | 8,999 | - |
| Amortization of deferred financing costs and premiums/discounts on debt obligations | - | 5,692 | - | - |
| Rental revenue deemed uncollectible | 2,773 | - | - | - |
| Tenant and other receivables | 9,996 | 2,432 | 3,554 | - |
| Deferred leasing costs | 1,803 | 1,476 | 6,816 | - |
| Prepaid expenses and other assets | 2,033 | -874 | -902 | - |
| Lease liabilities | -1,619 | -1,491 | -4,765 | - |
| Accounts payable, accrued expenses and other liabilities | -8,326 | 6,830 | 209 | - |
| Net cash provided by operating activities | 39,125 | 50,985 | 131,734 | - |
| Real estate development and capital improvements | 40,542 | 26,799 | 74,122 | - |
| Proceeds from sale of real estate | - | 0 | 64,474 | - |
| Acquisitions of real estate | 54,296 | 37,658 | 1,500 | - |
| Net cash used in investing activities | -94,838 | -64,457 | -11,148 | - |
| Debt repayments | 4,095 | 27,266 | 186,526 | - |
| Borrowings under unsecured credit facility | - | 75,000 | - | - |
| Dividends to common shareholders | 26,433 | 23,901 | 71,641 | - |
| Distributions to redeemable noncontrolling interests | 2,180 | 1,210 | 4,122 | - |
| Taxes withheld for vested restricted shares | 281 | 0 | 273 | - |
| Contributions from noncontrolling interests | 1,516 | 0 | 716 | - |
| Borrowings from unsecured line of credit | -45,000 | - | 75,000 | - |
| Proceeds from mortgage loan borrowings | 62,500 | 0 | 123,600 | - |
| Debt issuance costs | 8,186 | 71 | 2,776 | - |
| Costs related to the issuance of common shares | -127 | -9 | -410 | - |
| Net cash provided by (used in) financing activities | 52,714 | -52,457 | -66,432 | - |
| Net (decrease) increase in cash and cash equivalents and restricted cash | -2,999 | -65,929 | 26,593 | 27,561 |
| Cash and cash equivalents and restricted cash at beginning of period | 78,865 | 144,794 | 90,640 | - |
| Cash and cash equivalents and restricted cash at end of period | 75,866 | 78,865 | 144,794 | - |
Urban Edge Properties (UE)
Urban Edge Properties (UE)