7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 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 2014-12-31 2014-09-30 2014-06-30 2014-03-31 2013-12-31 2013-09-30 2013-06-30 2013-03-31 2012-12-31 2012-09-30 2012-06-30 2012-03-31 2011-12-31 2011-09-30 2011-06-30 2011-03-31 2010-06-30 2010-03-31 2009-12-31 2009-06-30 2009-03-31 2008-12-31 2008-03-31 2007-12-31 2007-09-30 2007-06-30 2007-03-31 2006-12-31 2006-09-30 2006-06-30 2006-03-31 2005-12-31 2005-09-30 2005-06-30 2005-03-31 2004-12-31 2004-03-31 2003-12-31 2003-09-30 2003-06-30 
      
    		                                                                                  
      revenues
    		                                                                                  
      rental
    		40,828,000 37,681,000 37,395,000 38,107,000 37,480,000 36,741,000 37,247,000 36,667,000 36,241,000 35,497,000 34,700,000 35,029,000 34,663,000 33,808,000 32,961,000 32,069,000 30,152,000 28,695,000 28,968,000 28,868,000 27,052,000 30,196,000 29,487,000 29,368,000 29,126,000 29,033,000                                                         
      management, transaction, and other fees
    		220,000 211,000 608,000 526,000 167,000 423,000 277,000 467,000 219,000 354,000 218,000 354,000 334,000 315,000 297,000 375,000 466,000 350,000 866,000 1,032,000 545,000 388,000 613,000 511,000 452,000 661,000                                                         
      total revenues
    		41,048,000 37,892,000 38,003,000 38,633,000 37,647,000 37,164,000 37,524,000 37,134,000 36,460,000 35,851,000 34,918,000 35,383,000 34,997,000 34,123,000 33,258,000 32,444,000 30,618,000 29,045,000 29,834,000 29,900,000 27,597,000 30,584,000 30,100,000 29,879,000 29,578,000 29,694,000                                      2,031,250 8,125,000 8,064,000 7,805,000 7,568,000 7,545,000 7,076,336 7,476,443 7,776,850 7,510,371 6,431,555 6,204,629 6,270,409 6,312,640 17,997,231 5,486,426 4,916,112 5,034,083 5,485,617 
      operating expenses
    		                                                                                  
      depreciation and amortization
    		8,331,000 8,517,000 9,324,000 8,921,000 8,521,000 8,800,000 8,428,000 8,332,000 8,360,000 7,846,000 8,046,000 7,889,000 7,862,000 7,910,000 7,492,000 7,340,000 7,105,000 7,013,000 7,191,000 7,171,000 6,970,000 6,971,000 6,875,000 6,789,000 6,612,000 6,464,000 3,579,000 7,483,000 7,396,000 7,221,000 7,304,000 7,247,000 6,681,000 6,008,000 6,095,000 5,449,000 5,521,000 5,392,000 5,373,000 5,149,000 4,675,000 4,564,000 3,911,000 3,998,000 3,908,000 3,908,000 3,646,000 3,450,000 3,260,000 3,073,000 1,910,000 3,112,000 2,663,000 2,544,000 1,524,500 2,162,000 1,961,000 1,989,000 1,759,000 1,734,000 5,248,000 1,710,000 1,708,000 405,750 1,623,000 1,492,000 1,622,000                
      operating and maintenance
    		7,944,000 7,175,000 7,012,000 7,303,000 7,015,000 6,349,000 8,101,000 6,862,000 6,899,000 6,086,000 6,435,000 7,317,000 6,211,000 5,725,000 6,488,000 5,789,000 5,444,000 4,839,000 5,542,000 5,029,000 4,395,000 5,597,000 5,851,000 5,118,000 5,214,000 4,428,000                                                         
      real estate taxes
    		5,331,000 3,965,000 4,252,000 4,838,000 3,912,000 4,238,000 3,848,000 4,693,000 4,767,000 4,708,000 3,740,000 4,513,000 4,987,000 4,367,000 3,975,000 4,589,000 4,160,000 4,038,000 4,424,000 4,670,000 4,385,000 4,536,000 3,819,000 4,410,000 4,019,000 4,045,000 1,967,000 5,253,000 4,485,000 4,657,000 4,309,000 5,181,000 4,487,000 3,920,000 4,311,000 3,414,000 3,304,000 3,354,000 3,334,000 3,474,000 2,925,000 2,904,000 2,551,000 2,635,000 2,251,000 2,310,000 2,284,000 2,673,000 2,012,000 1,798,000 1,942,000 1,629,000 1,503,000 1,310,000 1,301,000 1,259,000 1,096,000 1,020,000 894,000 1,152,000 265,750 1,063,000 1,049,000 2,919,000 1,054,000 856,000 1,021,000 1,049,000 862,000 1,019,337 921,217 968,991 865,455 589,048 826,638 835,991 729,032 1,924,626 670,720 587,420 623,086 186,150 
      general and administrative
    		5,319,000 4,921,000 5,443,000 4,878,000 6,552,000 6,180,000 5,002,000 5,392,000 5,175,000 5,084,000 5,003,000 4,832,000 5,182,000 3,049,000 6,589,000 5,672,000 4,730,000 5,634,000 5,699,000 5,860,000 4,644,000 5,100,000 5,147,000 5,597,000 4,915,000 6,002,000 5,384,000 4,959,000 6,624,000 6,314,000 6,351,000 5,581,000 5,848,000 6,169,000 7,455,000 6,218,000 5,413,000 4,836,000 5,142,000 5,687,000 4,998,000 4,485,000 4,523,000 4,212,000 3,582,000 2,957,000 3,230,000 2,722,000 2,516,000 2,444,000 2,224,000 1,888,000 1,863,000 1,641,000 1,911,000 1,495,000 1,778,000 1,464,000 1,272,000 1,200,000 4,447,000 1,625,000 1,429,000 4,745,000 1,963,000 1,823,000 1,413,000 1,450,000 2,034,000 1,925,260 371,884 288,330 449,526 269,281 334,824 303,402 317,439 785,732 353,328 254,878 190,727 338,250 
      total operating expenses
    		26,925,000 24,578,000 26,031,000 25,940,000 26,000,000 25,567,000 25,379,000 25,279,000 25,201,000 23,724,000 23,224,000 24,551,000 24,242,000 21,051,000 24,544,000 23,390,000 21,439,000 21,524,000 22,856,000 22,730,000 20,394,000 22,204,000 21,692,000 21,914,000 20,760,000 20,939,000                                      1,707,500 6,830,000 6,805,000 6,414,000 6,188,000 6,608,000     5,848,479 5,310,457 4,930,540 4,790,959 12,968,009 4,101,619 3,526,025 3,586,726 3,518,456 
      other incomes
    		                                                                                  
      interest expense
    		8,658,000 8,291,000 8,097,000 8,506,000 8,788,000 8,519,000 8,303,000 8,400,000 8,260,000 7,903,000 8,082,000 6,816,000 6,234,000 6,061,000 6,147,000 6,142,000 6,143,000 6,132,000 6,209,000 6,400,000 6,468,000 6,693,000 6,547,000 6,679,000 6,526,000 6,533,000 4,871,000 6,951,000 6,854,000 6,501,000 6,493,000 6,376,000 5,629,000 5,153,000 5,018,000 4,669,000 4,748,000 4,804,000 4,246,000 3,740,000 3,516,000 3,408,000 2,996,000 2,762,000 2,449,000 2,372,000 2,486,000 2,602,000 2,613,000 2,449,000 3,471,000 1,815,000 1,734,000 1,712,000 1,451,000 1,430,000 1,445,000 1,402,000 1,402,000 1,407,000 4,243,000 1,470,000 1,428,000 7,259,000 -1,402,000 -1,395,000 -1,375,000 -1,357,000 -1,275,000 -9,235,206 1,228,724 1,402,913 1,307,569 1,117,730 970,109 911,737 770,060 2,095,585 568,550 346,054 308,501 331,304 
      loss on extinguishment of debt
    		797,000                                                                                  
      gain on sale of properties
    		-13,967,000   -3,762,000  -6,525,000   -9,621,000             -46,000 -816,000 -37,000   -17,000 4,380,000  266,000   16,000  467,000   2,890,000                                             
      (gain) loss on disposal of assets
    		-56,000        14,000                                                                          
      interest, dividend and other investment income
    		-5,000 -35,000 -100,000 -3,000 -4,000 -8,000 -2,000 -11,000 -18,000 -20,000 -22,000 -13,000 -16,000 -14,000 -13,000 -31,000 -23,000 -49,000 -72,000 -71,000 -73,000 -62,000 -109,000 -141,000 -164,000 -245,000 -753,000 -84,000 -119,000 -99,000 -29,000 -142,000 -101,000 -138,000 -90,000 -164,000 -78,000 -97,000 -69,000 -73,000 -162,000 -9,000 -19,000 -31,000 -19,000 -21,000 -22,000 -26,000 -69,000 -19,000 -16,000 -121,000 -83,000 -70,000 -81,000 -264,000 -55,000 -60,000                         
      total other incomes
    		-4,573,000 8,102,000 8,097,000 4,852,000 8,931,000 1,986,000 8,943,000 8,864,000 -1,365,000 7,889,000 -8,710,000 6,810,000 6,208,000 6,062,000 6,135,000 6,159,000                               6,253,750 8,748,000           4,428,000  1,198,500 4,794,000 4,554,000                    
      income before equity investment in real estate partnership and income tax
    		18,696,000 5,212,000 3,875,000 7,841,000 2,716,000 9,611,000 3,202,000 2,991,000 12,624,000 4,238,000 20,404,000 4,022,000 4,547,000 7,010,000 2,579,000 2,895,000 3,283,000 1,439,000                                                                 
      deficit in earnings of real estate partnership
    		     -28,000                                                                             
      benefit from income tax
    		-131,000 -94,000 -127,000 -118,000 -90,000 -119,000 -111,000 -95,000 -125,000 -119,000 -109,000 -112,000 -100,000 -101,000 -111,000 -100,000 -87,000 -87,000 -91,000 -105,000 -96,000 -87,000 -76,000 -102,000 -104,000 -118,000                                                         
      net income
    		18,565,000 5,118,000 3,748,000 7,723,000 2,626,000 9,464,000 1,563,000 2,521,000 11,465,000 3,901,000 20,230,000 3,975,000 4,406,000 7,189,000 2,648,000 2,946,000 5,218,000 1,441,000 3,171,000 914,000 419,000 1,647,000 16,136,000 1,849,000 3,404,000 2,839,000 9,277,000 7,837,000 1,755,000 3,234,000 2,025,000 3,140,000 2,144,000 1,557,000 567,000 964,000 1,509,000 5,088,000 2,089,000 1,595,000 1,560,000 1,621,000 2,913,000 1,121,000 1,280,000 2,432,000 1,295,000 635,000 1,003,000 986,000 -1,441,000 172,000 462,000 860,000 650,000 675,000 -238,000 246,000 255,000 335,000 2,003,000 72,000 -32,000 1,203,000 -69,000 -244,000 172,000 133,000 -138,000 -244,605 602,414 858,382 763,375 361,952 511,510 746,486 824,444 2,684,501 739,118 743,771 770,696 1,050,005 
      yoy
    		606.97% -45.92% 139.80% 206.35% -77.10% 142.60% -92.27% -36.58% 160.21% -45.74% 663.97% 34.93% -15.56% 398.89% -16.49% 222.32% 1145.35% -12.51% -80.35% -50.57% -87.69% -41.99% 73.94% -76.41% 93.96% -12.21% 358.12% 149.59% -18.14% 107.71% 257.14% 225.73% 42.08% -69.40% -72.86% -39.56% -3.27% 213.88% -28.29% 42.28% 21.88% -33.35% 124.94% 76.54% 27.62% 146.65% -189.87% 269.19% 117.10% 14.65% -321.69% -74.52% -294.12% 249.59% 154.90% 101.49% -111.88% 241.67% -896.88% -72.15% -3002.90% -129.51% -118.60% 804.51% -50.00% -0.25% -71.45% -84.51% -118.08% -167.58% 17.77% 14.99% -7.41% -86.52% -30.79% 0.37% 6.97% 155.67%     
      qoq
    		262.74% 36.55% -51.47% 194.10% -72.25% 505.50% -38.00% -78.01% 193.90% -80.72% 408.93% -9.78% -38.71% 171.49% -10.12% -43.54% 262.11% -54.56% 246.94% 118.14% -74.56% -89.79% 772.69% -45.68% 19.90% -69.40% 18.37% 346.55% -45.73% 59.70% -35.51% 46.46% 37.70% 174.60% -41.18% -36.12% -70.34% 143.56% 30.97% 2.24% -3.76% -44.35% 159.86% -12.42% -47.37% 87.80% 103.94% -36.69% 1.72% -168.42% -937.79% -62.77% -46.28% 32.31% -3.70% -383.61% -196.75% -3.53% -23.88% -83.28% 2681.94% -325.00% -102.66% -1843.48% -71.72% -241.86% 29.32% -196.38% -43.58% -140.60% -29.82% 12.45% 110.91% -29.24% -31.48% -9.46% -69.29% 263.20% -0.63% -3.49% -26.60%  
      net income margin %
    		                                                                                  
      less: net income attributable to noncontrolling interests
    		232,000 64,000 47,000 99,000 34,000 124,000 22,000 35,000 159,000 54,000 291,000 60,000 68,000 111,000 40,000 47,000 92,000 26,000 59,000 14,000 9,000 35,000 361,000 42,000 77,000 65,000 224,000 193,000 45,000 206,000 103,000 147,000 161,000 117,000 66,000 15,000 25,000 91,000 38,000 25,000 26,000 27,000 55,000 18,000 27,000 60,000 34,000 21,000 33,000 37,000 -96,000 9,000 31,000 67,000 88,000 97,000 -42,000 61,000 89,000 118,000 708,000 25,000 -11,000                    
      net income attributable to whitestone reit
    		18,333,000 5,054,000 3,701,000 7,624,000 2,592,000 9,340,000 1,541,000 2,486,000 11,306,000 3,847,000 19,939,000 3,915,000 4,338,000 7,078,000 2,608,000 2,899,000 5,126,000 1,415,000 3,112,000 900,000 410,000 1,612,000 15,775,000 1,807,000 3,327,000 2,774,000 9,053,000 7,644,000 1,710,000 3,028,000 1,922,000 2,993,000 1,983,000 1,440,000 501,000 949,000 1,484,000 4,997,000 2,051,000 1,570,000 1,534,000 1,594,000 2,858,000 1,103,000 1,253,000 2,372,000 1,261,000 614,000 970,000 949,000 -1,345,000 163,000 431,000 793,000 562,000 578,000 -196,000 185,000 166,000 217,000 1,295,000 47,000 -21,000                    
      (gain) loss on sale of properties
    		 -207,000   75,000  -2,406,500 -5,000                                                                           
      loss on disposal of assets
    		 53,000 100,000 111,000 72,000  22,000 480,000  6,000                                                 -8,000 -33,000 -184,000 -12,000 -41,000                    
      equity (deficit) in earnings of real estate partnership
    		      -1,528,000 -375,000 -1,034,000 -218,000   -41,000                                                                      
      (gain) loss on sale or disposal of assets
    		          3,000 7,000 -10,000 15,000 1,000 48,000 -224,000 -1,000                                                                 
      equity in earnings of real estate partnership
    		          -65,000 65,000  280,000 180,000 151,000 189,000 89,000 169,000 196,000 364,000 192,000 13,596,000 524,000 464,000 492,000                                                         
      income from continuing operations
    		          20,230,000 3,975,000 4,406,000  2,648,000 2,946,000 3,385,000  3,171,000 914,000 419,000  16,243,000 1,849,000 2,703,000          567,000 964,000 1,509,000 5,088,000 2,081,000 1,551,000 1,593,000 1,629,000             62,500 289,000 -254,000    2,003,000 72,000 -32,000                    
      gain on sale of property from discontinued operations
    		                1,833,000      -107,000  701,000                              99,250 397,000                           
      income from discontinued operations
    		                1,833,000      -107,000  701,000              8,000 44,000 -33,000 -8,000             9,000 -11,000 16,000                          
      total other income
    		                5,896,000 6,082,000 3,885,000 6,347,000 7,052,000 6,838,000 5,685,000 6,538,000 6,475,000 6,290,000 4,650,000 19,309,000 20,755,000 19,937,000 20,119,000 19,062,000 18,057,000 17,192,000 18,478,000 16,172,000 15,604,000 14,935,000 14,692,000 14,503,000 13,027,000 12,448,000 11,411,000 10,941,000 9,920,000 9,216,000   8,320,000 7,947,000 9,766,000 6,694,000 6,177,000 5,827,000 5,548,000 4,823,000 5,129,000 4,795,000  4,334,000                       
      loss on sale or disposal of assets and assets held for sale
    		                  220,500 18,000 657,000                                                              
      income before equity investments in real estate partnerships and income tax
    		                  629,000 823,000 151,000 1,542,000 2,723,000 1,427,000 2,343,000                                                          
      loss on sale or disposal of assets
    		                     253,000 63,000 37,000 113,000 2,000 204,000 -15,000 -74,000 -197,000   -72,000      63,000 -148,000  -105,000 -2,000  -24,000 -85,000 -8,000  -40,000 -8,000   -16,000 -12,000    -18,000      -8,000 -32,000                  
      property expenses
    		                                                                                  
      income from operations before equity investments in real estate partnerships and income tax
    		                         2,465,000                                                         
      property revenues
    		                                                                                  
      rental revenues
    		                          11,792,000 25,256,000 24,650,000 24,946,000 25,371,000 24,891,000 23,010,000 21,296,000 21,153,000 19,844,000 19,649,000 19,422,000 19,417,000 18,785,000 17,176,000 16,465,000 13,670,000 14,811,000 13,839,000 13,973,000 13,455,000 12,594,000 11,812,000 11,001,000 10,488,000 8,992,000 8,523,000 8,128,000 7,460,000 7,075,000 6,657,000 6,671,000 6,407,000 6,404,000 1,643,000 6,572,000 6,505,000                    
      other revenues
    		                          6,807,000 9,340,000 8,422,000 8,650,000 8,460,000 8,762,000 7,198,000 6,971,000 7,212,000 5,664,000 5,480,000 6,013,000 6,178,000 5,814,000 4,794,000 4,787,000 4,323,000 4,117,000 3,835,000 3,814,000 3,735,000 3,697,000 2,983,000 2,868,000 3,035,000 2,626,000 2,464,000 2,298,000 2,686,000 1,704,000 1,338,000 1,415,000 1,425,000 1,305,000                       
      total property revenues
    		                          18,599,000 34,596,000 33,072,000 33,596,000 33,831,000 33,653,000 30,208,000 28,267,000 28,365,000 25,508,000 25,129,000 25,435,000 25,595,000 24,599,000 21,970,000 21,252,000 17,993,000 18,928,000 17,674,000 17,787,000 17,190,000 16,291,000 14,795,000 13,869,000 13,523,000 11,618,000 10,987,000 10,426,000 10,146,000 8,779,000 7,995,000 8,086,000 7,832,000 7,709,000 2,050,750 8,203,000 8,044,000                    
      property operation and maintenance
    		                          3,149,000 6,374,000 5,838,000 5,708,000 7,240,000 6,104,000 5,375,000 5,494,000 5,328,000 4,904,000 4,683,000 4,794,000 5,453,000 4,823,000 4,339,000 4,083,000 3,446,000 4,157,000 4,142,000 3,660,000 4,185,000 4,145,000 3,348,000 3,065,000 3,175,000 2,969,000 2,759,000 2,352,000 2,421,000 2,355,000 1,966,000 1,954,000 2,145,000 1,801,000 551,250 2,205,000 2,378,000 7,030,000 2,190,000 2,634,000 2,358,000 1,127,000 1,279,000              
      total property expenses
    		                          5,116,000 11,627,000 10,323,000 10,365,000 11,549,000 11,285,000 9,862,000 9,414,000 9,639,000 8,318,000 7,987,000 8,148,000 8,787,000 8,297,000 7,264,000 6,987,000 5,997,000 6,792,000 6,393,000 5,970,000 6,469,000 6,818,000 5,360,000 4,863,000 5,117,000 4,598,000 4,262,000 3,662,000 3,722,000 3,614,000 3,062,000 2,974,000 3,039,000 2,953,000 817,000 3,268,000 3,427,000                    
      income before gain on sale or disposal of properties or assets and income taxes
    		                          2,237,000 3,660,000 1,994,000 3,294,000 2,163,000 3,306,000 2,289,000 1,661,000                                                 
      benefit from income taxes
    		                          -19,000 -115,000 -84,000 -129,000 -90,000 -126,000 -89,000 -81,000 -42,000 -80,000 -11,000 -156,000 -98,000 -100,000 -91,000 -83,000 -67,000 -74,000 -57,000 -84,000 -78,000 -90,000 -72,000 -65,000 -74,000 -77,000 -70,000 -65,000 -61,000 -54,000 -58,000 -53,000 -102,000 -54,000 -165,000 -57,000 -54,000 -162,000 -57,000                  
      profit sharing expense
    		                          -69,000 -73,000 -81,000                                                      
      basic earnings per share:
    		                                                                                  
      net income attributable to common shareholders, excluding amounts attributable to unvested restricted shares
    		                          0.23 0.19 0.04 0.08                                                     
      diluted earnings per share:
    		                                                                                  
      weighted-average number of common shares outstanding:
    		                                                                                  
      basic
    		                          39,274 39,327 39,204 39,066 35,428 37,992 35,716 29,416 27,618 28,195 26,819 26,604 24,631 26,476 22,869 22,577 22,278 22,482 22,235 21,823 18,027 17,036 16,891 16,819 13,496 13,842 11,746 11,624 9,028 10,797 8,520 5,479 9,845 9,721                       
      diluted
    		                          40,612 40,635 40,679 40,088 36,255 38,589 36,544 30,409 28,383 29,024 27,513 27,489 25,683 27,082 23,401 23,226 22,793 22,690 22,443 21,949 18,273 17,331 17,111 16,939 13,613 13,961 11,754 11,638 9,042 10,809 8,520 5,499 9,900 9,910                       
      distributions declared per common share / op unit
    		                          0.285 0.285 0.285 0.285 0.285 0.285 0.285 0.285 0.285 0.285 0.285 0.285 0.285 0.285 0.285 0.285 0.285 0.285 0.285 0.285 0.285 0.285 0.285 0.285 0.285 0.285 0.285 0.285                             
      consolidated statements of comprehensive income
    		                                                                                  
      other comprehensive gain
    		                                                                                  
      unrealized gain on cash flow hedging activities
    		                          -2,971 605 913 2,645 1,898 172  732 7,891 1,529 -2,450  506 -184 43  -184 345 -259  11 -331 761                                  
      unrealized gain on available-for-sale marketable securities
    		                             18 92 -7 33  62 -11 36 -5 21 -8 -139 41 47 -56 22 83 4 -39 -88 303 29 92 33 766                             
      comprehensive income
    		                          6,306 8,442 2,668 5,897 4,015 3,305 1,397 2,289 8,520 2,482 -905 -958 2,616 1,403 1,464 1,343 2,776 1,410 1,043 2,477 1,310 265 1,676 1,021 -1,402 255 495 1,626 1,202 -997 -447                          
      less: comprehensive gain attributable to noncontrolling interests
    		                          -77 15 23 71 58 5                                                   
      comprehensive income attributable to whitestone reit
    		                          6,159 8,234 2,600 5,620 3,854 3,153 1,258 2,146 8,311 2,441 -889 -941 2,570 1,381 1,440 1,320 2,723 1,384 1,020 2,416 1,277 257 1,619 983 -1,301 241 465 1,499 987 -854 -369                          
      redeemable operating partnership units
    		                             84,000 53,000 84,000 60,000 53,000                                                 
      non-controlling interests in consolidated partnership
    		                             122,000 50,000 63,000 101,000 64,000                                                 
      gain on sale or disposal of assets
    		                              -33,750 -40,000  -23,000 2,500 26,000 -18,000 2,000   5,000          -26,250 -77,000   -4,250 1,000                           
      net income attributable to common shareholders excluding amounts attributable to unvested restricted shares
    		                              0.04 0.07 0.05 0.05 0.01 0.03 0.05 0.18 0.07 0.05 0.06 0.07 0.12 0.05 0.05 0.11 0.06 0.04 0.06 0.06 -0.11 0.01 0.04 0.07     0.02 0.02                       
      unrealized loss on cash flow hedging activities
    		                                -780     -6,041    -319    -38    -268 -2.25 -9                               
      less: comprehensive loss attributable to noncontrolling interests
    		                                -22                                                  
      unrealized loss on available-for-sale marketable securities
    		                                                      552 -1,672 -209                          
      less: comprehensive income attributable to noncontrolling interests
    		                                 26 12 41 -16 -17 46 22 24 23 53 26 23 61 33 8 57 38 -101 14 30 127                             
      income from continuing operations before gain on sale or disposal of properties or assets and income taxes
    		                                  248,000 1,018,000 1,538,000 2,352,000                                             
      income from continuing operations attributable to whitestone reit excluding amounts attributable to unvested restricted shares
    		                                  0.01 0.03 0.05 0.18 0.07 0.05 0.06 0.07                                         
      income from discontinued operations attributable to whitestone reit
    		                                   0 0 0  0 0 0             0.013 0.03 0.01                          
      income from continuing operations before loss on sale or disposal of assets and income taxes
    		                                      2,116,000 1,799,000  1,817,000                                         
      income from continuing operations before gain on sale or disposal of assets and income taxes
    		                                        1,679,000                                          
      income before loss on sale or disposal of assets and income taxes
    		                                          1,289,250 1,195,000 1,361,000 2,601,000 1,381,000 725,000 1,115,000 1,059,000                                 
      basic and diluted earnings per share:
    		                                                                                  
      income before gain on sale or disposal of assets and income taxes
    		                                                  452,750 326,000                               
      income before gain on sale of property
    		                                                  -1,441,000 172,000                               
      gain on sale of property
    		                                                                                  
      income before loss on disposal of assets and income taxes
    		                                                    548,000 937,000                             
      income from continuing operations before gain on disposal of
    		                                                                                  
      assets and income taxes
    		                                                      107,750 342,000 -196,000                          
      earnings per share - basic
    		                                                                                  
      income from continuing operations attributable to whitestone
    		                                                                                  
      reit excluding amount attributable to unvested restricted shares
    		                                                      0.005 0.02 -0.03                          
      net income attributable to common shareholders excluding
    		                                                                                  
      amounts attributable to unvested restricted shares
    		                                                      0.018 0.05 -0.02                          
      earnings per share - diluted
    		                                                                                  
      dividends declared per class a common share
    		                                                      0.285 0.285                           
      dividends declared per class b common share
    		                                                      0.285 0.285                           
      other comprehensive loss:
    		                                                                                  
      less: comprehensive income attributable to noncontrolling
    		                                                                                  
      interests
    		                                                      -53.5 -143 -78                          
      income from continuing operations before loss on disposal of
    		                                                                                  
      dividends declared per common share
    		                                                        0.285 0.285 0.095 0.113                       
      other comprehensive gain:
    		                                                                                  
      income from continuing operations before loss on disposal of assets
    		                                                                                  
      and income taxes
    		                                                         317,000                         
      net income attributable to common shareholders excluding amounts attributable
    		                                                                                  
      to unvested restricted shares
    		                                                         0.03                         
      involuntary conversion
    		                                                                                  
      interest income
    		                                                          -5,000 -7,000 -2,750 -11,000 -11,000 -267,000 85,000 128,000 157,000 155,000 136,000              
      income from continuing operations before loss on disposal of assets and income taxes
    		                                                          365,000 422,000   63,000                    
      earnings per share – basic
    		                                                                                  
      earnings per share – diluted
    		                                                                                  
      tenants' reimbursements and other property revenues
    		                                                            407,750 1,631,000                     
      income from continuing operations before loss on
    		                                                                                  
      disposal of assets and income taxes
    		                                                            35,250 141,000                     
      gain on sale of properties from discontinued operations
    		                                                                                  
      tenants’ reimbursements and other property revenues
    		                                                              1,539,000                    
      rental income
    		                                                               18,496,000 6,503,000 6,251,000 6,453,000 6,151,000 6,095,000 6,192,349 6,318,272 6,156,653 5,976,726 5,286,712 4,967,156 5,041,536 4,777,193 13,994,707 4,431,851 3,978,711 4,039,561 4,491,223 
      tenants' reimbursements
    		                                                               376,750 1,507,000 1,017,750 1,338,000 1,377,000 1,355,000 930,704.25 1,122,530 1,219,958           
      other income
    		                                                               28,750 115,000 26,000 14,000 40,000 95,000              
      operating income
    		                                                               323,750 1,295,000 1,259,000 1,391,000 1,380,000 937,000              
      yoy
    		                                                               -76.54% 38.21%                  
      qoq
    		                                                               -75.00% 2.86% -9.49% 0.80% 47.28%               
      operating margin %
    		                                                                                  
      change in fair value of derivative instrument
    		                                                                 -1,000 -45,000 36,000 -20,000              
      income before minority interests
    		                                                               -27,750 -111,000 -390,000 276,000 214,000 -222,000 -464,157 973,590 1,402,923 1,262,710 583,076 894,172 1,339,869 1,521,681 5,029,222 1,384,807 1,390,087 1,447,357 1,967,161 
      minority interests in operating partnership
    		                                                               10,500 42,000     219,552 -371,176 -544,541 -499,335 -221,124 -382,662 -593,383 -697,237      
      loss per common share - basic and diluted
    		                                                               -1.75 -7                  
      comprehensive loss:
    		                                                                                  
      unrealized loss on derivatives
    		                                                               -92,500 -370,000                  
      other comprehensive loss
    		                                                               -92,500 -370,000                  
      comprehensive loss
    		                                                               -109,750 -439,000                  
      weighted-average shares outstanding
    		                                                                10,001,000 9,999,000 10,001,000 10,001,000 9,992,000 9,652,000 9,829,709 9,603,104 9,211,711 7,887,749 8,014,097 7,675,191 7,247,162 7,010,146 4,907,107 4,907,107 4,907,107 4,907,107 
      property management and asset
    		                                                                                  
      management fees to an affiliate
    		                                                                     122,097 556,283 391,371  263,169.75 323,517 370,159 359,003      
      gain on sale of real estate
    		                                                                 37,000 148,000                
      minority interests in income of operating partnership
    		                                                                 -25,000 -104,000                
      net income per common share
    		                                                                 4.25 17 13 -14 184.788 0.061 0.089 0.083 0.037 0.064 0.097 0.114 0.337 0.151 0.152 0.157 0.214 
      insurance
    		                                                                   127,000 172,000 137,710 169,877 147,655 133,758 123,604 110,516 116,698 104,759 331,993 127,808 137,459 131,533 130,802 
      electricity, water and gas utilities
    		                                                                   618,000 480,000 546,616 645,646 600,635 512,103 862,865 251,379 253,585 219,610 631,618 185,866 189,793 225,176 200,591 
      depreciation
    		                                                                   1,250,000 1,364,000 1,454,450 1,271,854 1,181,080 1,357,616 1,187,060 1,109,772 1,048,260 1,028,878 3,039,127 947,009 943,368 926,681 938,865 
      amortization
    		                                                                   368,000 248,000 241,798 233,988 207,928 201,220 635,209 353,868 398,100 337,728 949,975 287,311 291,257 252,193 248,862 
      bad debt expense
    		                                                                   199,000 169,000 140,661 129,189 127,440 -9,290 -25,600 86,225 -98,425 167,985   -68,750  127,725 
      minority interests in (income) loss of operating partnership
    		                                                                   -81,000 84,000              
      interest and other income
    		                                                                     147,299 35,641 400,239 153,316 113,663 181,739 41,010 175,509 307,816 136,875 19,179 45,911 167,030 
      expenses
    		                                                                                  
      operation and maintenance
    		                                                                     762,307.5 974,191 1,057,584 1,017,455 736,374 943,609 791,033 756,465 2,147,204 691,414 551,755 649,621 700,588 
      total expenses
    		                                                                     4,862,626.75 6,502,853 6,373,927 6,247,661          
      tenants’ reimbursements
    		                                                                        1,380,329 1,031,180 1,055,734 1,187,863 1,359,938 3,694,708 917,700 918,222 948,611 827,364 
      property management and asset management fees to an affiliate
    		                                                                        412,249          
      management and partnership
    		                                                                                  
      management and partnership management fees to an affiliate
    		                                                                             81,034.5 324,138 292,791 281,208 315,319 
    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.