BRT Apartments Corp

For the period ended Dec 31, 2024. Filed Mar 12, 2025.

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.

FY2024 · Filed Mar 12, 2025

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,
	2024	2023
ASSETS
Real estate properties, net of accumulated depreciation of $106,425 and $80,499	$615,915	$635,836
Investment in unconsolidated joint ventures	31,344	34,242
Loan receivables, net of deferred fees of $313 and allowance for credit loss of $270	17,667	—
Cash and cash equivalents	27,856	23,512
Restricted cash	3,221	632
Other assets	17,460	15,741
Total Assets	$713,463	$709,963
LIABILITIES AND EQUITY
Liabilities:
Mortgages payable, net of deferred costs of $4,010 and $4,009	$446,471	$422,427
Junior subordinated notes, net of deferred costs of $237 and $257	37,163	37,143
Credit facility	—	—
Accounts payable, accrued and other liabilities	24,915	21,948
Total Liabilities	508,549	481,518
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,
17,872 and 17,536 shares issued at December 31, 2024 and 2023	179	175
Additional paid-in capital	272,275	267,271
Accumulated deficit	(67,485)	(38,986)
Total BRT Apartments Corp. stockholders' equity	204,969	228,460
Non-controlling interests	(55)	(15)
Total Equity	204,914	228,445
Total Liabilities and Equity	$713,463	$709,963

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.