7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 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 2018-05-02 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 2014-12-31 
      
    		                                             
      revenue
    		                                             
      rental revenue
    		119,196,000 113,912,000 118,092,000 116,298,000 112,262,000 106,358,000 109,547,000 106,253,000 101,732,000 98,773,000 99,354,000 101,331,000 98,175,000 97,454,000 99,416,000 128,210,000 105,985,000 93,653,000 94,619,000 86,656,000 75,359,000 73,265,000 93,000,000 94,840,000 90,769,000 101,488,000 97,308,000                   
      other income
    		930,000 172,000 73,000 69,000 165,000 188,000 79,000 10,329,000 102,000 292,000 87,000 262,000 115,000 400,000 545,000 108,000 574,000 87,000 677,000 342,000 75,000 69,000 46,000 127,000 194,000 951,000 72,000 115,000 106,000 855,000 317,000 317,000 379,000 169,000 561,000 101,000 380,000 572,000 369,000 1,177,000 675,000 1,975,000 191,000 1,894,000  
      total revenue
    		120,126,000 114,084,000 118,165,000 116,367,000 112,427,000 106,546,000 109,626,000 116,582,000 101,834,000 99,065,000 99,441,000 101,593,000 98,290,000 97,854,000 100,201,000 128,576,000 106,839,000 94,006,000 95,661,000 87,278,000 75,838,000 73,619,000 93,360,000 95,927,000 91,243,000 102,747,000 97,732,000 100,923,000 112,214,000 101,970,000 99,053,000 99,053,000 97,376,000 94,101,000 89,501,000 126,064,000 83,478,000 79,973,000 79,457,000 83,068,000 80,622,000 79,825,000 78,715,000 83,783,000  
      expenses
    		                                             
      depreciation and amortization
    		36,831,000 32,602,000 37,195,000 37,483,000 34,653,000 39,679,000 38,574,000 31,460,000 26,922,000 25,513,000 25,084,000 24,871,000 24,343,000 24,691,000 24,527,000 23,797,000 23,171,000 22,488,000 22,875,000 26,371,000 22,888,000 23,299,000 23,471,000 28,223,000 21,496,000 22,567,000 21,830,000 25,878,000 21,833,000 30,441,000 21,270,000 21,270,000 21,776,000 20,976,000 23,701,000 15,828,000 14,237,000 14,435,000 13,558,000 13,915,000 15,685,000 13,603,000 14,233,000 13,732,000  
      real estate taxes
    		16,791,000 16,582,000 16,358,000 16,509,000 17,667,000 17,472,000 17,003,000 16,909,000 16,182,000 16,121,000 15,677,000 14,202,000 16,231,000 15,456,000 15,975,000 16,018,000 15,862,000 15,363,000 16,601,000 15,271,000 14,916,000 14,896,000 14,966,000 14,991,000 14,490,000 15,221,000 15,477,000 15,919,000 16,374,000 15,587,000 15,775,000 15,775,000 15,762,000 15,872,000 14,711,000 13,392,000 12,728,000 12,729,000 12,723,000 13,249,000 11,743,000 12,227,000 12,517,000 12,824,000  
      property operating
    		18,070,000 17,531,000 22,732,000 21,588,000 18,422,000 18,260,000 20,506,000 18,811,000 16,618,000 15,708,000 17,426,000 17,861,000 17,672,000 17,596,000 21,205,000 16,657,000 15,692,000 15,891,000 20,291,000 16,259,000 13,436,000 11,894,000 14,537,000 18,510,000 14,075,000 14,416,000 17,061,000 14,814,000 22,249,000 20,492,000 16,667,000 16,667,000 15,036,000 11,402,000 11,088,000 13,368,000 12,684,000 9,897,000 9,840,000 12,859,000 12,593,000 10,494,000 10,985,000 16,523,000  
      general and administrative
    		8,976,000 11,717,000 9,531,000 9,645,000 9,415,000 9,368,000 9,046,000 9,167,000 8,938,000 9,907,000 9,058,000 11,480,000 9,852,000 10,634,000 11,121,000 10,866,000 10,134,000 9,484,000 8,668,000 12,082,000 8,700,000 18,053,000 9,847,000 9,277,000 8,353,000 10,010,000 10,580,000 9,405,000 9,702,000 8,236,000 7,641,000 7,641,000 7,693,000 6,930,000 7,709,000 8,081,000 6,565,000 6,618,000 7,535,000 6,720,000 6,541,000 6,385,000 6,792,000 12,326,000  
      lease expense
    		3,320,000 3,290,000 3,371,000 3,493,000 3,433,000 3,115,000 3,128,000 3,164,000 3,159,000 3,156,000 3,155,000 3,133,000 3,109,000 3,083,000 3,135,000 3,207,000 3,164,000 3,195,000 3,306,000 3,467,000 3,415,000 3,351,000 3,434,000 3,429,000 3,486,000 3,896,000 3,655,000                   
      total expenses
    		85,668,000 83,065,000 90,514,000 88,718,000 83,590,000 87,894,000 88,257,000 79,511,000 71,819,000 70,405,000 104,455,000 71,547,000 71,207,000 71,460,000 75,963,000 70,641,000 68,395,000 66,421,000 71,741,000 76,505,000 63,355,000 71,493,000 66,255,000 78,098,000 61,900,000 71,222,000 72,561,000 76,478,000 73,017,000 78,816,000 63,984,000 63,984,000 66,634,000 60,911,000 60,986,000 56,747,000 50,050,000 46,559,000 46,667,000 49,682,000 51,046,000 45,814,000 47,908,000 80,101,000  
      gain on sale of real estate
    		233,000 49,462,000  23,469,000  13,447,000 1,902,000 217,352,000   356,000   353,000   6,926,000  11,722,000    39,775,000 413,000 39,716,000 11,550,000 16,953,000  2,185,000 50,440,000    202,000     15,618,000       
      interest income
    		824,000 667,000 607,000 639,000 679,000 661,000 688,000 1,397,000 565,000 564,000 511,000 394,000 294,000 214,000 205,000 57,000 77,000 90,000 136,000 212,000 282,000 422,000 1,683,000 2,104,000 2,706,000 2,458,000 2,506,000 2,393,000 2,388,000 2,031,000 1,524,000 1,524,000 1,066,000 719,000 336,000 127,000 159,000 176,000 177,000 167,000 49,000 39,000 51,000 11,000  
      interest and debt expense
    		-19,374,000 -19,537,000 -19,755,000 -19,583,000 -19,531,000 -21,896,000 -20,577,000 -22,515,000 -19,006,000 -18,131,000 -15,293,000 -15,468,000 -15,266,000 -14,241,000 -14,004,000 -13,745,000 -14,638,000 -14,728,000 -14,827,000 -17,131,000 -18,136,000 -18,573,000 -17,175,000 -16,770,000 -16,861,000 -16,472,000 -16,536,000 -16,809,000 -16,756,000 -15,659,000 -15,644,000 -15,644,000 -14,839,000 -14,637,000 -13,627,000 -13,115,000 -12,866,000 -12,766,000 -12,820,000 -13,429,000 -13,563,000 -13,611,000 -13,241,000 -15,169,000  
      gain on extinguishment of debt
    		 -175,000 498,000 -4,000  21,699,000  -1,396,000 43,029,000             34,908,000         2,524,000 2,524,000              
      income before income taxes
    		16,141,000 61,436,000 9,001,000 32,170,000 9,985,000 32,563,000 3,110,000 231,909,000 54,603,000 10,604,000 -19,440,000 14,972,000 12,111,000 12,720,000 10,439,000 44,247,000 30,809,000 12,947,000 20,951,000 -6,146,000 -5,371,000 18,883,000 51,388,000 3,576,000 56,753,000 29,061,000 28,094,000 10,029,000 27,014,000 59,966,000 23,473,000 23,473,000 -17,093,000 19,474,000 15,224,000 55,055,000 20,721,000 20,824,000 35,765,000 20,124,000 16,062,000 20,439,000 17,617,000 -11,476,000  
      income tax expense
    		-600,000 -643,000 -619,000 -664,000 -518,000 -539,000 -665,000 10,000 -17,063,000 -41,000 -706,000 -565,500 -646,000  -905,000    -235,000    -100,000 -312,250 -53,000 -994,000 -202,000 -185,250 -115,000 -192,000 -434,000 -434,000 -235,500 -318,000  -320,000 -455,000 -319,000  -336,000 105,000 -394,000 -464,000 -541,000  
      net income
    		15,541,000 60,793,000 8,382,000 31,506,000 9,467,000 32,024,000 2,445,000 231,919,000 37,540,000 10,563,000 -20,146,000 14,331,000 11,465,000 12,009,000 9,534,000 44,013,000 30,105,000 12,981,000 20,716,000 19,747,000 -5,830,000 32,545,000 51,288,000 3,538,000 56,700,000 28,067,000 27,892,000 7,251,000 26,899,000 59,774,000 23,039,000 23,039,000 -15,873,000 19,156,000 14,920,000 54,735,000 20,266,000 20,505,000 36,071,000 19,788,000 16,167,000 20,045,000 17,153,000 -12,017,000  
      yoy
    		64.16% 89.84% 242.82% -86.42% -74.78% 203.17% -112.14% 1518.30% 227.43% -12.04% -311.31% -67.44% -61.92% -7.49% -53.98% 122.88% -616.38% -60.11% -59.61% 458.14% -110.28% 15.95% 83.88% -51.21% 110.79% -53.04% 21.06% -68.53% -269.46% 212.04% 54.42% -57.91% -178.32% -6.58% -58.64% 176.61% 25.35% 2.29% 110.29% -264.67%      
      qoq
    		-74.44% 625.28% -73.40% 232.80% -70.44% 1209.78% -98.95% 517.79% 255.39% -152.43% -240.58% 25.00% -4.53% 25.96% -78.34% 46.20% 131.92% -37.34% 4.91% -438.71% -117.91% -36.54% 1349.63% -93.76% 102.02% 0.63% 284.66% -73.04% -55.00% 159.45% 0.00% -245.15% -182.86% 28.39% -72.74% 170.08% -1.17% -43.15% 82.29% 22.40% -19.35% 16.86% -242.74%   
      net income margin %
    		                                             
      less net (income) loss attributable to nci in:
    		                                             
      operating partnership
    		-836,000 -3,058,000 -432,000 -1,571,000 -550,000 -1,739,000 -118,000 -10,688,000 -1,555,000 -444,000 788,000 -547,000 -455,000 -506,000 -387,000 -1,688,000 -1,149,000 -584,000 -875,000 -787,000 225,000 -1,290,000 -2,308,000 -164,000 -2,662,000 -1,518,000 -2,355,000 -727,000 -2,688,000 -6,025,000 -2,328,000 -2,328,000 1,607,000 -1,967,000 -1,326,000 -4,138,000 -1,218,000 -1,239,000 -2,201,000 -1,154,000 -942,000 -1,179,000 -986,000 560,000  
      consolidated subsidiaries
    		230,000 243,000 248,000 186,000 163,000 474,000 276,000 4,000 133,000 143,000 240,000 -109,000 373,000 123,000 339,000 128,000 -1,190,000 150,000 79,000     1,000 2,000 22,000  -11,000 -11,000 -12,000 -11,000 -11,000 -11,000 -11,000 -11,000 -11,000 -4,000 -1,000 -2,000 4,000 1,000 -6,000 -5,000 -6,000  
      net income attributable to common shareholders
    		14,935,000 57,978,000 8,198,000 30,121,000 9,080,000 30,759,000 2,603,000 221,235,000 36,118,000 10,262,000 -19,118,000 13,675,000 11,383,000 11,626,000 9,486,000 42,453,000 27,766,000 12,547,000 19,920,000 18,959,000 -5,605,000 31,255,000 48,980,000 3,375,000 54,040,000 26,571,000 25,537,000 6,513,000 24,200,000 53,737,000 20,700,000 20,700,000 -14,277,000 17,178,000 13,583,000 50,586,000 19,044,000 19,265,000 33,868,000 18,638,000 15,226,000 18,860,000 16,162,000 -11,463,000  
      earnings per common share - basic:
    		120 460 70 250 70 260 20 1,880 310 90 -160 110 100 100 80 370 240 110 170 160 -50 270 400 20 450 220 220 50 210 470 180 180 -150 150 130 510 190 190 340 190 150 190 160 -120  
      earnings per common share - diluted:
    		120 460 70 250 70 260 20 1,880 310 90 -160 110 100 100 80 370 240 110 170 160 -50 270 400 20 450 220 220 60 210 470 180 180 -160 150 130 500 190 190 340 190 150 190 160 -120  
      weighted-average shares outstanding - basic
    		125,729,000 125,688,000 125,513,000 121,324,000 123,359,000 118,859,000 118,072,000 117,506,000 117,543,000 117,482,000 117,450,000 117,366,000 117,382,000 117,364,000 117,330,000 117,029,000 117,087,000 116,981,000 116,956,000 117,722,000 116,625,000 116,522,000 120,966,000 119,751,000 121,087,000 120,364,000 116,274,000 113,863,000 113,890,000 113,739,000 113,677,000 113,677,000 107,132,000 110,990,000 104,063,000 99,639,000 99,364,000 99,304,000 99,274,000 99,265,000 99,252,000 99,252,000 99,250,000   
      weighted-average shares outstanding - diluted
    		125,803,000 125,766,000 125,603,000 121,432,000 123,471,000 118,971,000 122,814,000 117,597,000 122,205,000 117,578,000 117,450,000 121,640,000 121,683,000 117,427,000 117,393,000 121,447,000 117,137,000 117,034,000 117,024,000 117,902,000 116,625,000 116,595,000 121,051,000 119,896,000 121,183,000 120,461,000 126,504,000 114,051,000 114,156,000 113,942,000 113,864,000 113,864,000 118,390,000 111,260,000 104,260,000 100,093,000 99,794,000 99,870,000 99,668,000 99,363,000 99,278,000 99,286,000 99,274,000   
      effective portion of change in fair value of derivatives
    		-578,000 -198,000 -188,000 222,000 -763,000 -53,000 293,000 -916,000 1,058,000 -21,000 -300,000 78,000 632,000 -54,000                                
      comprehensive income
    		14,963,000 60,595,000 8,194,000 31,728,000 8,704,000 31,971,000 2,738,000 231,003,000 38,598,000 10,542,000 -20,446,000 14,409,000 12,097,000 11,955,000                                
      less comprehensive loss attributable to nci in:
    		                                             
      comprehensive income attributable to common shareholders
    		14,387,000 57,790,000 8,019,000 30,332,000 8,357,000 30,709,000 2,882,000 220,361,000 37,131,000 10,242,000 -19,406,000 13,750,000 11,989,000 11,574,000                                
      less comprehensive loss (income) attributable to nci in:
    		                                             
      real estate impairment loss
    		          34,055,000                        303,000 3,164,000          
      loss on extinguishment of debt
    		      -272,000   -489,000                       -34,062,000   -1,274,000          
      less comprehensive (income) loss attributable to nci in:
    		                                             
      less comprehensive income attributable to nci in:
    		                                             
      casualty and impairment loss
    		               96,000 372,000                1,745,000 2,170,000            
      income tax benefit
    		             -711,000  -234,000 -704,000 34,000  25,893,000 -459,000 13,662,000             -304,000    306,000       
      management and development fees
    		              240,000 258,000 280,000 266,000 365,000 280,000 404,000 285,000 314,000 960,000 280,000 308,000 352,000 405,000 375,000 347,000 342,000 342,000 336,000 369,000 351,000 479,000 403,000 375,000 526,000 455,000 482,000 551,000 693,000   
      less net (income) loss attributable to noncontrolling interests in:
    		                                             
      gain on sale of lease
    		                        1,849,000                     
      less net income attributable to noncontrolling interests in:
    		                                             
      casualty and impairment gain
    		                       2,267,500  5,112,000 3,958,000 -312,000 58,000 35,000                
      property rentals
    		                           57,554,250 85,949,000 74,546,000 69,722,000 69,722,000 69,153,000 69,625,000 64,708,000 62,498,000 60,048,000 59,138,000 58,683,000 58,929,000 58,790,000 58,111,000 57,380,000 57,586,000  
      tenant expense reimbursements
    		                           20,169,500 25,784,000 26,222,000 28,672,000 28,672,000 27,508,000 23,938,000 23,881,000 23,771,000 22,647,000 19,888,000 19,879,000 22,507,000 20,675,000 19,188,000 20,451,000 24,303,000  
      income from acquired leasehold interest
    		                                   39,215,000          
      ground rent
    		                           3,238,000 2,722,000 2,752,000 2,736,000 2,736,000 2,851,000 2,891,000 2,436,000 2,670,000 2,518,000 2,508,000 2,483,000 2,538,000 2,523,000 2,527,000 2,565,000 2,514,000  
      benefit from doubtful accounts
    		                           1,550,000 79,000 1,273,000 1,236,000 1,236,000 1,771,000 575,000 906,000 193,000 220,000 149,000 494,000 351,000 387,000 427,000 389,000 323,000  
      operating income
    		                           24,445,000 39,197,000 23,154,000 35,069,000 35,069,000 30,742,000 33,190,000 28,515,000 69,317,000 33,428,000 33,414,000 32,790,000 33,386,000 29,576,000 34,011,000 30,807,000 3,682,000  
      yoy
    		                           -30.29% 27.50% -30.24% 22.98% -49.41% -8.04% -0.67% -13.04% 107.62% 13.02% -1.76% 6.44% 806.74%      
      qoq
    		                           -37.64% 69.29% -33.98% 0.00% 14.08% -7.38% 16.39% -58.86% 107.36% 0.04% 1.90% -1.79% 12.88% -13.04% 10.40% 736.69%   
      operating margin %
    		                                             
      casualty and impairment (gain) loss
    		                              -1,341,000 -1,341,000              
      transaction costs
    		                                 95,000 132,000 51,000 1,098,000 223,000 34,000 50,000 1,574,000 151,000 427,000 21,859,000  
      less (net income) loss attributable to noncontrolling interests in:
    		                                             
      weighted-average shares outstanding - basic and diluted
    		                                           99,248,000  
    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.