COUSINS PROPERTIES INC
For the period ended Mar 31, 2025. Filed May 1, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 1, 2025
CUZ$30.12+1.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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CONSOLIDATED BALANCE SHEETS
(in thousands, except share and per share amounts)
| March 31, 2025 | December 31, 2024 | |
|---|---|---|
| (unaudited) | ||
| Assets: | ||
| Real estate assets: | ||
| Operating properties, net of accumulated depreciation of $1,694,690 and $1,627,251 in 2025 and 2024, respectively | $7,780,262 | $7,785,597 |
| Land | 154,725 | 154,726 |
| 7,934,987 | 7,940,323 | |
| Cash and cash equivalents | 5,330 | 7,349 |
| Investments in real estate debt, at fair value | 16,635 | 167,219 |
| Accounts receivable | 11,231 | 11,491 |
| Deferred rents receivable | 244,286 | 232,078 |
| Investment in unconsolidated joint ventures | 191,505 | 185,478 |
| Intangible assets, net | 165,350 | 171,989 |
| Other assets, net | 94,036 | 86,219 |
| Total assets | $8,663,360 | $8,802,146 |
| Liabilities: | ||
| Notes payable | $3,020,741 | $3,095,666 |
| Accounts payable and accrued expenses | 293,349 | 337,248 |
| Deferred income | 294,503 | 277,132 |
| Intangible liabilities, net | 107,712 | 111,221 |
| Other liabilities | 109,982 | 110,712 |
| Total liabilities | 3,826,287 | 3,931,979 |
| Commitments and contingencies | ||
| Equity: | ||
| Stockholders' investment: | ||
| Common stock, $1 par value per share, 300,000,000 shares authorized, 167,908,440 and 167,660,480 issued and outstanding in 2025 and 2024, respectively | 167,908 | 167,660 |
| Additional paid-in capital | 5,960,578 | 5,959,670 |
| Distributions in excess of cumulative net income | (1,314,734) | (1,280,547) |
| Accumulated other comprehensive loss | — | (105) |
| Total stockholders' investment | 4,813,752 | 4,846,678 |
| Nonredeemable noncontrolling interests | 23,321 | 23,489 |
| Total equity | 4,837,073 | 4,870,167 |
| Total liabilities and equity | $8,663,360 | $8,802,146 |
| See accompanying notes. | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.