COUSINS PROPERTIES INC
For the period ended Mar 31, 2026. Filed Apr 29, 2026.
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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, 2026 · Filed Apr 29, 2026
CUZ$30.12+1.8%Stored close · as of Nov 9, 2026
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CONSOLIDATED BALANCE SHEETS
(in thousands, except share and per share amounts)
| March 31, 2026 | December 31, 2025 | |
|---|---|---|
| (unaudited) | ||
| Assets: | ||
| Real estate assets: | ||
| Operating properties, net of accumulated depreciation of $1,960,227 and $1,922,394 in 2026 and 2025, respectively | $8,114,853 | $7,894,846 |
| Land | 135,869 | 135,870 |
| 8,250,722 | 8,030,716 | |
| Real estate assets and other assets held for sale, net | 23,237 | 61,489 |
| Cash and cash equivalents | 6,296 | 5,720 |
| Investments in real estate debt, at fair value | 19,586 | 37,804 |
| Accounts receivable | 15,946 | 17,578 |
| Deferred rents receivable | 278,450 | 269,282 |
| Investments in unconsolidated joint ventures | 213,988 | 215,301 |
| Intangible assets, net | 183,796 | 164,738 |
| Other assets, net | 95,822 | 87,504 |
| Total assets | $9,087,843 | $8,890,132 |
| Liabilities: | ||
| Notes payable | $3,772,182 | $3,340,815 |
| Accounts payable and accrued expenses | 247,716 | 314,317 |
| Deferred income | 297,607 | 301,358 |
| Intangible liabilities, net | 126,841 | 117,085 |
| Other liabilities | 110,409 | 111,506 |
| Liabilities of real estate assets held for sale, net | 39 | 2,849 |
| Total liabilities | 4,554,794 | 4,187,930 |
| Commitments and contingencies | ||
| Equity: | ||
| Stockholders' investment: | ||
| Common stock, $1 par value per share, 300,000,000 shares authorized, 164,541,670 and 167,981,990 issued and outstanding in 2026 and 2025, respectively | 164,542 | 167,982 |
| Additional paid-in capital | 5,885,455 | 5,971,762 |
| Distributions in excess of cumulative net income | (1,539,263) | (1,460,154) |
| Total stockholders' investment | 4,510,734 | 4,679,590 |
| Nonredeemable noncontrolling interests | 22,315 | 22,612 |
| Total equity | 4,533,049 | 4,702,202 |
| Total liabilities and equity | $9,087,843 | $8,890,132 |
| See accompanying notes. | ||
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