BRT Apartments Corp.
For the period ended Dec 31, 2025. Filed Mar 13, 2026.
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FY2025 · Filed Mar 13, 2026
BRT$12.76-1.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets as of December 31, 202 and
Index
CONSOLIDATED BALANCE SHEETS
(Amounts in thousands, except per share data)
| December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| ASSETS | ||
| Real estate properties, net of accumulated depreciation of $132,821 and $106,425 | $596,814 | $615,915 |
| Investment in unconsolidated joint ventures | 46,121 | 31,344 |
| Loan receivables, net of deferred fees of $252 and $313, respectively, and allowance for credit loss of $275 and $270, respectively | 17,723 | 17,667 |
| Cash and cash equivalents | 25,138 | 27,856 |
| Restricted cash | 2,521 | 3,221 |
| Other assets | 21,496 | 17,460 |
| Total Assets | $709,813 | $713,463 |
| LIABILITIES AND EQUITY | ||
| Liabilities: | ||
| Mortgages payable, net of deferred costs of $4,614 and $4,010 | $471,083 | $446,471 |
| Junior subordinated notes, net of deferred costs of $217 and $237 | 37,183 | 37,163 |
| Credit facility | — | — |
| Accounts payable, accrued and other liabilities | 24,347 | 24,915 |
| Total Liabilities | 532,613 | 508,549 |
| 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, | ||
| 17,919 and 17,872 shares issued at December 31, 2025 and 2024 | 180 | 179 |
| Additional paid-in capital | 275,408 | 272,275 |
| Accumulated deficit | (98,346) | (67,485) |
| Total BRT Apartments Corp. stockholders' equity | 177,242 | 204,969 |
| Non-controlling interests | (42) | (55) |
| Total Equity | 177,200 | 204,914 |
| Total Liabilities and Equity | $709,813 | $713,463 |
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