Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenues | |||||||||||||||||||||||||||||||||||||||||||
rental income | 82,210,000 | 80,367,000 | 75,546,000 | 74,136,000 | 72,536,000 | 72,183,000 | 70,746,000 | 69,795,000 | 68,205,000 | 67,758,000 | 68,148,000 | 70,250,000 | 72,643,000 | 71,156,000 | 70,439,000 | 69,676,000 | 67,439,000 | 66,095,000 | 64,179,000 | 62,155,000 | 59,843,000 | 59,550,000 | 56,583,000 | 56,161,000 | 53,382,000 | 50,513,000 | 48,488,000 | 42,414,000 | 35,219,000 | 32,459,000 | 32,289,000 | 32,402,000 | 30,079,000 | 27,501,000 | 26,020,000 | 24,844,000 | 24,493,000 | 22,291,000 | 21,736,000 | 19,886,000 | 18,126,000 | 17,626,000 | 9,304,000 |
tenant reimbursements | 1,700,000 | 1,895,000 | 1,026,000 | 2,050,000 | 663,000 | 2,814,000 | 1,017,000 | 1,629,000 | 2,704,000 | 2,500,000 | 2,075,000 | 2,244,000 | 1,616,000 | 916,000 | 1,144,000 | 1,441,000 | 1,527,000 | 1,899,000 | 320,000 | 2,228,000 | 682,000 | 435,000 | 1,152,000 | 3,602,000 | 3,369,000 | 1,655,000 | 1,584,000 | 5,320,000 | 4,086,000 | 4,089,000 | 3,483,000 | 3,773,000 | 3,554,000 | 2,974,000 | 3,628,000 | 3,631,000 | 2,385,000 | 2,476,000 | 2,155,000 | 2,196,000 | 1,689,000 | 1,572,000 | 776,000 |
asset management income | 623,000 | 622,000 | 622,000 | 622,000 | 579,000 | 551,000 | 550,000 | 550,000 | 526,000 | 517,000 | 517,000 | 467,000 | 377,000 | 317,000 | 248,000 | ||||||||||||||||||||||||||||
other income | 1,618,000 | 1,350,000 | 1,481,000 | 1,442,000 | 1,003,000 | 673,000 | 487,000 | 646,000 | 579,000 | 598,000 | 480,000 | 545,000 | 405,000 | 368,000 | 471,000 | 384,000 | 642,000 | 620,000 | 502,000 | 820,000 | 606,000 | 541,000 | 483,000 | 1,014,000 | 838,000 | 581,000 | 535,000 | 474,000 | 132,000 | 424,000 | 202,000 | 150,000 | 225,000 | 128,000 | 239,000 | 276,000 | 97,000 | 154,000 | 80,000 | 92,000 | 42,000 | 58,000 | 11,000 |
total revenues | 86,151,000 | 84,234,000 | 78,675,000 | 78,250,000 | 74,781,000 | 76,221,000 | 72,800,000 | 72,620,000 | 72,014,000 | 71,373,000 | 71,220,000 | 73,506,000 | 75,041,000 | 72,757,000 | 72,302,000 | 71,637,000 | 69,608,000 | 68,614,000 | 65,001,000 | 65,203,000 | 61,131,000 | 60,526,000 | 58,218,000 | 60,777,000 | 57,589,000 | 52,749,000 | 50,607,000 | 48,208,000 | 39,437,000 | 36,972,000 | 35,974,000 | 36,325,000 | 33,858,000 | 30,603,000 | 29,887,000 | 28,751,000 | 26,975,000 | 24,921,000 | 23,971,000 | 22,174,000 | 19,857,000 | 19,256,000 | 10,091,000 |
yoy | 15.20% | 10.51% | 8.07% | 7.75% | 3.84% | 6.79% | 2.22% | -1.21% | -4.03% | -1.90% | -1.50% | 2.61% | 7.81% | 6.04% | 11.23% | 9.87% | 13.87% | 13.36% | 11.65% | 7.28% | 6.15% | 14.74% | 15.04% | 26.07% | 46.03% | 42.67% | 40.68% | 32.71% | 16.48% | 20.81% | 20.37% | 26.34% | 25.52% | 22.80% | 24.68% | 29.66% | 35.85% | 29.42% | 137.55% | ||||
qoq | 2.28% | 7.07% | 0.54% | 4.64% | -1.89% | 4.70% | 0.25% | 0.84% | 0.90% | 0.21% | -3.11% | -2.05% | 3.14% | 0.63% | 0.93% | 2.91% | 1.45% | 5.56% | -0.31% | 6.66% | 1.00% | 3.96% | -4.21% | 5.54% | 9.18% | 4.23% | 4.98% | 22.24% | 6.67% | 2.77% | -0.97% | 7.29% | 10.64% | 2.40% | 3.95% | 6.58% | 8.24% | 3.96% | 8.10% | 11.67% | 3.12% | 90.82% | |
expenses | |||||||||||||||||||||||||||||||||||||||||||
property operating | 20,715,000 | 19,210,000 | 17,799,000 | 18,731,000 | 16,710,000 | 18,118,000 | 16,592,000 | 17,701,000 | 18,746,000 | 17,629,000 | 17,888,000 | 17,970,000 | 17,802,000 | 15,551,000 | 15,458,000 | 15,115,000 | 15,188,000 | 14,296,000 | 12,094,000 | 13,944,000 | 12,313,000 | 10,915,000 | 11,258,000 | 13,974,000 | 13,408,000 | 10,934,000 | 9,963,000 | 9,349,000 | 7,780,000 | 7,223,000 | 6,560,000 | 6,003,000 | 6,718,000 | 5,837,000 | 6,349,000 | 6,352,000 | 5,308,000 | 5,085,000 | 4,333,000 | 4,214,000 | 3,838,000 | 3,558,000 | 1,730,000 |
real estate taxes | 8,814,000 | 8,486,000 | 7,957,000 | 6,852,000 | 8,000,000 | 7,843,000 | 8,229,000 | 7,560,000 | 7,814,000 | 7,619,000 | 7,468,000 | 7,046,000 | 8,177,000 | 7,851,000 | 7,826,000 | 7,964,000 | 7,626,000 | 7,553,000 | 7,286,000 | 7,143,000 | 6,803,000 | 6,617,000 | 6,562,000 | 6,415,000 | 6,008,000 | 5,465,000 | 5,755,000 | 5,538,000 | 4,228,000 | 3,845,000 | 3,700,000 | 4,564,000 | 3,452,000 | 2,979,000 | 2,735,000 | 2,663,000 | 2,533,000 | 2,332,000 | 2,368,000 | 2,289,000 | 1,980,000 | 1,755,000 | 959,000 |
depreciation and amortization | 28,946,000 | 28,534,000 | 26,797,000 | 24,652,000 | 23,795,000 | 24,086,000 | 23,800,000 | 23,347,000 | 22,245,000 | 22,619,000 | 23,081,000 | 24,702,000 | 25,050,000 | 24,343,000 | 24,159,000 | 23,651,000 | 22,765,000 | 22,525,000 | 22,325,000 | 23,071,000 | 23,522,000 | 23,654,000 | 23,556,000 | 23,722,000 | 23,299,000 | 22,967,000 | 22,451,000 | 21,072,000 | 16,109,000 | 14,588,000 | 14,634,000 | 14,210,000 | 14,141,000 | 13,462,000 | 13,060,000 | 12,469,000 | 12,237,000 | 11,074,000 | 10,863,000 | 10,166,000 | 9,344,000 | 9,151,000 | 4,900,000 |
acquisition costs | 293,000 | 362,000 | 307,000 | 451,000 | 600,000 | 408,000 | 419,000 | 435,000 | 321,000 | 444,000 | 461,000 | 431,000 | 275,000 | 302,000 | 362,000 | 451,000 | 518,000 | 483,000 | 487,000 | 414,000 | 467,000 | 668,000 | 538,000 | 297,000 | 519,000 | 452,000 | 470,000 | 556,000 | 300,000 | 499,000 | 224,000 | 299,000 | 206,000 | 456,000 | 532,000 | 459,000 | 660,000 | 346,000 | 333,000 | 1,017,000 | 235,000 | 195,000 | 1,440,000 |
corporate general and administrative | 5,808,000 | 6,807,000 | 6,215,000 | 6,418,000 | 4,667,000 | 7,128,000 | 6,455,000 | 6,692,000 | 6,107,000 | 7,024,000 | 7,295,000 | 6,966,000 | 5,870,000 | 5,966,000 | 5,983,000 | 6,053,000 | 5,893,000 | 5,768,000 | 5,808,000 | 5,065,000 | 4,577,000 | 5,505,000 | 5,483,000 | 5,902,000 | 5,298,000 | 4,667,000 | 4,317,000 | 4,128,000 | 3,614,000 | 3,623,000 | 3,459,000 | 3,394,000 | 2,920,000 | 3,142,000 | 3,444,000 | 3,135,000 | 3,066,000 | 3,052,000 | 3,036,000 | 2,705,000 | 2,301,000 | 2,239,000 | 1,572,000 |
benefit from (recovery of) credit losses | 302,000 | -539,000 | |||||||||||||||||||||||||||||||||||||||||
total expenses | 64,878,000 | 62,860,000 | 58,837,000 | 57,153,000 | 55,032,000 | 57,583,000 | 55,495,000 | 55,735,000 | 55,233,000 | 55,335,000 | 56,193,000 | 57,115,000 | 57,174,000 | 54,013,000 | 53,788,000 | 53,234,000 | 51,990,000 | 50,625,000 | 48,000,000 | 49,637,000 | 47,682,000 | 47,359,000 | 47,397,000 | 50,310,000 | 48,532,000 | 44,485,000 | 42,956,000 | 40,643,000 | 32,031,000 | 29,778,000 | 28,577,000 | 28,470,000 | 27,437,000 | 25,876,000 | 26,120,000 | 25,078,000 | 23,804,000 | 21,889,000 | 20,933,000 | 20,391,000 | 17,698,000 | 16,970,000 | 12,270,000 |
income from unconsolidated real estate venture | 1,556,000 | 1,840,000 | 1,822,000 | 1,684,000 | 1,575,000 | 1,377,000 | 1,415,000 | 1,332,000 | 1,346,000 | 1,418,000 | 1,402,000 | 1,088,000 | 830,000 | 825,000 | 631,000 | ||||||||||||||||||||||||||||
interest expense | -19,037,000 | -18,960,000 | -18,377,000 | -17,223,000 | -16,209,000 | -15,165,000 | -13,836,000 | -13,430,000 | -12,046,000 | -11,678,000 | -12,015,000 | -12,649,000 | -12,408,000 | -11,439,000 | -10,882,000 | -10,893,000 | -9,353,000 | -9,265,000 | -9,121,000 | -8,945,000 | -8,628,000 | -9,004,000 | -8,903,000 | -8,856,000 | -8,454,000 | -8,018,000 | -8,132,000 | -6,922,000 | -4,924,000 | -5,475,000 | -5,582,000 | -5,445,000 | -5,495,000 | -3,714,000 | -2,417,000 | -2,210,000 | -2,043,000 | -1,995,000 | -1,929,000 | -1,610,000 | -1,341,000 | -1,321,000 | -700,000 |
impairment loss | -2,545,000 | -5,540,000 | |||||||||||||||||||||||||||||||||||||||||
net income | 1,247,000 | 4,254,000 | 3,283,000 | 5,729,000 | 5,115,000 | 4,850,000 | 4,884,000 | 4,787,000 | 6,081,000 | 5,778,000 | 4,414,000 | 18,420,000 | 749,000 | 8,130,000 | 8,263,000 | 7,781,000 | 9,042,000 | 9,254,000 | 7,880,000 | 2,626,000 | 4,821,000 | 4,163,000 | 1,918,000 | 1,611,000 | 603,000 | 6,491,000 | -481,000 | 643,000 | 2,482,000 | 1,719,000 | 1,815,000 | 2,100,000 | 926,000 | 1,013,000 | 1,350,000 | 1,463,000 | 1,128,000 | 1,037,000 | 1,109,000 | 173,000 | 818,000 | 965,000 | -8,001,000 |
yoy | -75.62% | -12.29% | -32.78% | 19.68% | -15.89% | -16.06% | 10.65% | -74.01% | 711.88% | -28.93% | -46.58% | 136.73% | -91.72% | -12.15% | 4.86% | 196.31% | 87.55% | 122.29% | 310.84% | 63.00% | 699.50% | -35.87% | -498.75% | 150.54% | -75.71% | 277.60% | -126.50% | -69.38% | 168.03% | 69.69% | 34.44% | 43.54% | -17.91% | -2.31% | 21.73% | 745.66% | 37.90% | 7.46% | -113.86% | ||||
qoq | -70.69% | 29.58% | -42.70% | 12.00% | 5.46% | -0.70% | 2.03% | -21.28% | 5.24% | 30.90% | -76.04% | 2359.28% | -90.79% | -1.61% | 6.19% | -13.95% | -2.29% | 17.44% | 200.08% | -45.53% | 15.81% | 117.05% | 19.06% | 167.16% | -90.71% | -1449.48% | -174.81% | -74.09% | 44.39% | -5.29% | -13.57% | 126.78% | -8.59% | -24.96% | -7.72% | 29.70% | 8.78% | -6.49% | 541.04% | -78.85% | -15.23% | -112.06% | |
net income margin % | 1.45% | 5.05% | 4.17% | 7.32% | 6.84% | 6.36% | 6.71% | 6.59% | 8.44% | 8.10% | 6.20% | 25.06% | 1.00% | 11.17% | 11.43% | 10.86% | 12.99% | 13.49% | 12.12% | 4.03% | 7.89% | 6.88% | 3.29% | 2.65% | 1.05% | 12.31% | -0.95% | 1.33% | 6.29% | 4.65% | 5.05% | 5.78% | 2.73% | 3.31% | 4.52% | 5.09% | 4.18% | 4.16% | 4.63% | 0.78% | 4.12% | 5.01% | -79.29% |
non-controlling interest in operating partnership | -34,000 | -183,000 | -156,000 | -276,000 | -252,000 | -239,000 | -258,000 | -351,000 | -707,000 | -675,000 | -523,000 | -2,126,000 | -107,000 | -933,000 | -922,000 | -892,000 | -1,065,000 | -1,053,000 | -889,000 | -292,000 | -557,000 | -497,000 | -221,000 | -179,000 | -54,000 | -849,000 | 65,000 | -53,000 | -327,000 | -279,000 | -296,000 | -345,000 | -144,000 | -186,000 | -266,000 | -317,000 | -233,000 | -338,000 | -434,000 | -68,000 | -320,000 | -377,000 | -5,116,000 |
net income available to easterly government properties, inc. | 1,213,000 | 4,071,000 | 3,127,000 | 5,453,000 | 4,863,000 | 4,611,000 | 4,626,000 | 4,436,000 | 5,374,000 | 5,103,000 | 3,891,000 | 16,294,000 | 642,000 | 7,197,000 | 7,341,000 | 6,889,000 | 7,977,000 | 8,201,000 | 6,991,000 | 2,334,000 | 4,264,000 | 3,666,000 | 1,697,000 | 1,432,000 | 549,000 | 5,642,000 | -416,000 | 590,000 | 2,155,000 | 1,440,000 | 1,519,000 | 1,755,000 | 782,000 | 827,000 | 1,084,000 | 1,146,000 | 895,000 | 699,000 | 675,000 | 105,000 | 498,000 | 588,000 | -2,885,000 |
net income available to easterly government properties, inc. per share: | |||||||||||||||||||||||||||||||||||||||||||
basic | 0.02 | 0.09 | 0.07 | 0.05 | 0.05 | 0.04 | 0.04 | 0.04 | 0.06 | 0.05 | 0.04 | 0.18 | 0.01 | 0.08 | 0.08 | 0.08 | 0.09 | 0.1 | 0.08 | 0.03 | 0.05 | 0.05 | 0.02 | 0.02 | 0.01 | 0.08 | -0.01 | 0.01 | 0.03 | 0.02 | 0.03 | 0.04 | 0.02 | 0.02 | 0.03 | 0.03 | 0.02 | 0.02 | 0.03 | 0.01 | 0.02 | 0.02 | -0.22 |
diluted | 0.02 | 0.09 | 0.07 | 0.05 | 0.05 | 0.04 | 0.04 | 0.04 | 0.06 | 0.05 | 0.04 | 0.18 | 0.01 | 0.08 | 0.08 | 0.08 | 0.09 | 0.1 | 0.08 | 0.03 | 0.05 | 0.05 | 0.02 | 0.02 | 0.01 | 0.08 | -0.01 | 0.03 | 0.02 | 0.03 | 0.03 | 0.02 | 0.02 | 0.03 | 0.03 | 0.02 | 0.02 | 0.03 | 0.01 | 0.02 | 0.02 | -0.22 | |
weighted-average common shares outstanding | |||||||||||||||||||||||||||||||||||||||||||
basic | 45,337,184 | 45,011,585 | 43,224,145 | 103,443,951 | 103,515,246 | 102,913,974 | 101,993,143 | 94,264,166 | 93,537,121 | 93,358,851 | 91,099,357 | 90,613,966 | 90,772,706 | 90,751,351 | 90,150,518 | 83,961,693 | 83,817,680 | 82,120,353 | 80,334,976 | 76,171,627 | 74,892,711 | 71,444,448 | 68,247,822 | 61,225,926 | 60,446,199 | 47,531,128 | 45,008,062 | 39,962,471 | 37,408,603 | 36,891,595 | 34,967,482 | ||||||||||||
diluted | 45,485,375 | 45,111,753 | 43,372,207 | 103,758,546 | 103,904,581 | 103,200,622 | 102,235,012 | 94,556,055 | 93,849,444 | 93,641,382 | 91,329,140 | 90,948,701 | 91,119,372 | 91,083,980 | 90,571,571 | 84,472,257 | 84,247,285 | 82,596,597 | 80,928,844 | 76,869,965 | 75,616,233 | 71,828,991 | 68,419,665 | 61,225,926 | 61,978,998 | 49,124,886 | 46,018,040 | 41,903,977 | 39,845,314 | 39,143,887 | 36,904,564 | ||||||||||||
dividends declared per common share | 0.45 | 0.45 | 0.66 | 0.265 | 0.265 | 0.265 | 0.265 | 0.265 | 0.265 | 0.265 | 0.265 | 0.265 | 0.265 | 0.265 | 0.265 | 0.265 | 0.265 | 0.26 | 0.26 | 0.26 | 0.26 | 0.26 | 0.26 | 0.26 | 0.26 | 0.26 | 0.26 | 0.26 | 0.26 | 0.26 | 0.26 | 0.185 | 0.25 | 0.25 | |||||||||
recovery of credit losses | -238,000 | ||||||||||||||||||||||||||||||||||||||||||
benefit from credit losses | 49,000 | 1,260,000 | |||||||||||||||||||||||||||||||||||||||||
gain on the sale of operating property | 326,750 | 777,000 | 530,000 | 6,245,000 | |||||||||||||||||||||||||||||||||||||||
other incomes | |||||||||||||||||||||||||||||||||||||||||||
operating expenses | |||||||||||||||||||||||||||||||||||||||||||
operating income | 5,499,250 | 7,406,000 | 7,194,000 | 7,397,000 | 7,855,000 | 6,421,000 | 4,727,000 | 3,767,000 | 3,673,000 | 3,171,000 | 3,032,000 | 3,038,000 | 1,783,000 | 2,159,000 | 2,286,000 | -2,179,000 | |||||||||||||||||||||||||||
yoy | -29.99% | 15.34% | 52.19% | 96.36% | 113.86% | 102.49% | 55.90% | 24.00% | 106.00% | 46.87% | 32.63% | -239.42% | |||||||||||||||||||||||||||||||
qoq | -25.75% | 2.95% | -2.74% | -5.83% | 22.33% | 35.84% | 25.48% | 2.56% | 15.83% | 4.58% | -0.20% | 70.39% | -17.42% | -5.56% | -204.91% | ||||||||||||||||||||||||||||
operating margin % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 11.41% | 18.78% | 19.46% | 20.56% | 21.62% | 18.96% | 15.45% | 12.60% | 12.78% | 11.76% | 12.17% | 12.67% | 8.04% | 10.87% | 11.87% | -21.59% |
formation expenses | 72,000 | 1,594,000 | |||||||||||||||||||||||||||||||||||||||||
fund general and administrative | 75,000 | ||||||||||||||||||||||||||||||||||||||||||
other (expenses) / income | |||||||||||||||||||||||||||||||||||||||||||
net unrealized (loss) on investments | |||||||||||||||||||||||||||||||||||||||||||
weighted- average common shares outstanding | |||||||||||||||||||||||||||||||||||||||||||
basic | 84,043,012 | 78,219,491 | 68,769,526 | 53,511,137 | 39,607,740 | 30,645,279 | 27,484,075 | 24,141,712 | 21,430,016 | 24,141,712 | 24,141,712 | 13,144,277 | |||||||||||||||||||||||||||||||
diluted | 84,619,390 | 78,791,453 | 69,208,966 | 54,931,380 | 41,563,540 | 32,372,538 | 29,267,258 | 25,744,824 | 21,430,016 | 25,216,716 | 25,435,010 | 13,144,277 | |||||||||||||||||||||||||||||||
income from real estate investments | |||||||||||||||||||||||||||||||||||||||||||
net unrealized gain on investments | -5,122,000 | ||||||||||||||||||||||||||||||||||||||||||
non-controlling interest in predecessor | |||||||||||||||||||||||||||||||||||||||||||
net unrealized gain gain on investments |
The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.