BRT Apartments Corp

For the period ended Dec 31, 2023. Filed Mar 14, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Mar 14, 2024

BRT$12.76-1.2%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Balance Sheets as of December 31, 202 and

Index

CONSOLIDATED BALANCE SHEETS

(Amounts in thousands, except per share data)

	December 31,
	2023	2022
ASSETS
Real estate properties, net of accumulated depreciation of $80,499 and $55,195	$635,836	$651,603
Investment in unconsolidated joint ventures	34,242	42,576
Cash and cash equivalents	23,512	20,281
Restricted cash	632	872
Other assets	15,741	17,284
Total Assets	$709,963	$732,616
LIABILITIES AND EQUITY
Liabilities:
Mortgages payable, net of deferred costs of $4,009 and $4,166	$422,427	$403,792
Junior subordinated notes, net of deferred costs of $257 and $277	37,143	37,123
Credit facility	—	19,000
Accounts payable and accrued liabilities	21,948	22,631
Total Liabilities	481,518	482,546
Commitments and contingencies
Equity:
BRT Apartments Corp. stockholders' equity:
Preferred shares $0.01 par value 2,000 shares authorized, none outstanding	—	—
Common stock, $0.01 par value, 300,000 shares authorized,
17,536 and 18,006 shares issued at December 31, 2023 and 2022	175	180
Additional paid-in capital	267,271	273,863
Accumulated deficit	(38,986)	(23,955)
Total BRT Apartments Corp. stockholders' equity	228,460	250,088
Non-controlling interests	(15)	(18)
Total Equity	228,445	250,070
Total Liabilities and Equity	$709,963	$732,616

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.