Ares Real Estate Income Trust Inc. (ZARE)
Ares Real Estate Income Trust Inc. (ZARE)
| Balance Sheets | 2026-03-31 | |||
|---|---|---|---|---|
| Net investment in real estate properties | 6,179,481 | |||
| Investments in real estate debt and securities (includes xx and 259,378 at fair value as of march 31, 2026 and december 31, 2025, respectively) | 307,168 | |||
| Debt-related investments, held for sale | 166,415 | |||
| Investments in unconsolidated joint venture partnerships (includes xx and 77,703 at fair value as of march 31, 2026 and december 31, 2025, respectively) | 474,000 | |||
| Cash and cash equivalents | 50,922 | |||
| Restricted cash | 8,852 | |||
| Dst program loans (includes xx and 170,865 at fair value as of march 31, 2026 and december 31, 2025, respectively) | 199,559 | |||
| Other assets | 94,216 | |||
| Total assets | 7,480,613 | |||
| Accounts payable and accrued expenses | 92,590 | |||
| Total borrowings | 2,815,301 | |||
| Less unamortized debt issuance costs | 31,461 | |||
| Add unamortized mark-to-market adjustment on assumed debt | 4,872 | |||
| Debt, net | 2,788,712 | |||
| Secured financings on debt-related investments | 134,581 | |||
| Intangible lease liabilities, net | 182,475 | |||
| Financing obligations, net (includes xx and 2,126,267 at fair value as of march 31, 2026 and december 31, 2025, respectively) | 2,470,167 | |||
| Distribution fees payable to affiliates | 82,668 | |||
| Other liabilities | 70,388 | |||
| Total liabilities | 5,821,581 | |||
| Redeemable equity (note 9 and 10) | 220,644 | |||
| Common stock, 0.01 par value per share (note 8) | 1,878 | |||
| Additional paid-in capital | 2,075,661 | |||
| Distributions in excess of earnings | 1,387,899 | |||
| Accumulated other comprehensive income (loss) | 2,000 | |||
| Total stockholders equity | 691,640 | |||
| Noncontrolling interests | 746,748 | |||
| Total equity | 1,438,388 | |||
| Total liabilities and equity | 7,480,613 | |||