Elme Communities
For the period ended Sep 30, 2024. Filed Nov 5, 2024.
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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.
Sep 30, 2024 · Filed Nov 5, 2024
ELME$1.77+0.6%Stored close · as of Oct 22, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Equity
| Shares Issued and Out-standing | Shares of Beneficial Interest at Par Value | Additional Paid in Capital | Distributions in Excess ofNet Income | Accumulated Other Comprehensive Loss | Total Shareholders’ Equity | Noncontrolling Interests in Subsidiaries | Total Equity | |
|---|---|---|---|---|---|---|---|---|
| Balance, December 31, 2023 | 87,867 | $879 | $1,735,530 | $(569,391) | $(12,958) | $1,154,060 | $290 | $1,154,350 |
| Net loss | — | — | — | (10,088) | — | (10,088) | — | (10,088) |
| Unrealized loss on interest rate hedges | — | — | — | — | (2,894) | (2,894) | — | (2,894) |
| Amortization of swap settlements | — | — | — | — | 1,529 | 1,529 | — | 1,529 |
| Distributions to noncontrolling interests | — | — | — | — | — | — | (7) | (7) |
| Dividends ($0.54 per common share) | — | — | — | (47,707) | — | (47,707) | — | (47,707) |
| Share grants, net of forfeitures and tax withholdings | 143 | 1 | 3,789 | — | — | 3,790 | — | 3,790 |
| Balance, September 30, 2024 | 88,010 | $880 | $1,739,319 | $(627,186) | $(14,323) | $1,098,690 | $283 | $1,098,973 |
| Shares Issued and Out-standing | Shares of Beneficial Interest at Par Value | Additional Paid in Capital | Distributions in Excess ofNet Income | Accumulated Other Comprehensive Loss | Total Shareholders’ Equity | Noncontrolling Interests in Subsidiaries | Total Equity | |
|---|---|---|---|---|---|---|---|---|
| Balance, December 31, 2022 | 87,534 | $875 | $1,729,854 | $(453,008) | $(14,233) | $1,263,488 | $298 | $1,263,786 |
| Net loss | — | — | — | (49,872) | — | (49,872) | — | (49,872) |
| Unrealized gain on interest rate hedges | — | — | — | — | 372 | 372 | — | 372 |
| Amortization of swap settlements | — | — | — | — | 1,529 | 1,529 | — | 1,529 |
| Distributions to noncontrolling interests | — | — | — | — | — | — | (6) | (6) |
| Dividends ($0.54 per common share) | — | — | — | (47,562) | — | (47,562) | — | (47,562) |
| Shares issued under Dividend Reinvestment Program | 28 | — | 497 | — | — | 497 | — | 497 |
| Share grants, net of forfeitures and tax withholdings | 270 | 3 | 4,306 | — | — | 4,309 | — | 4,309 |
| Balance, September 30, 2023 | 87,832 | $878 | $1,734,657 | $(550,442) | $(12,332) | $1,172,761 | $292 | $1,173,053 |
CONSOLIDATED STATEMENTS OF EQUITY
| Shares Issued and Out-standing | Shares of Beneficial Interest at Par Value | Additional Paid in Capital | Distributions in Excess ofNet Income | Accumulated Other Comprehensive Loss | Total Shareholders’ Equity | Noncontrolling Interests in Subsidiaries | Total Equity | |
|---|---|---|---|---|---|---|---|---|
| Balance, June 30, 2024 | 88,011 | $880 | $1,737,941 | $(608,310) | $(12,651) | $1,117,860 | $285 | $1,118,145 |
| Net loss | — | — | — | (2,970) | — | (2,970) | — | (2,970) |
| Unrealized loss on interest rate hedges | — | — | — | — | (2,181) | (2,181) | — | (2,181) |
| Amortization of swap settlements | — | — | — | — | 509 | 509 | — | 509 |
| Distributions to noncontrolling interests | — | — | — | — | — | — | (2) | (2) |
| Dividends ($0.18 per common share) | — | — | — | (15,906) | — | (15,906) | — | (15,906) |
| Share grants, net of share grant amortization and forfeitures | (1) | — | 1,378 | — | — | 1,378 | — | 1,378 |
| Balance, September 30, 2024 | 88,010 | $880 | $1,739,319 | $(627,186) | $(14,323) | $1,098,690 | $283 | $1,098,973 |
| Shares Issued and Out-standing | Shares of Beneficial Interest at Par Value | Additional Paid in Capital | Distributions in Excess ofNet Income | Accumulated Other Comprehensive Loss | Total Shareholders’ Equity | Noncontrolling Interests in Subsidiaries | Total Equity | |
|---|---|---|---|---|---|---|---|---|
| Balance, June 30, 2023 | 87,809 | $878 | $1,733,388 | $(490,939) | $(12,693) | $1,230,634 | $294 | $1,230,928 |
| Net loss | — | — | — | (43,618) | — | (43,618) | — | (43,618) |
| Unrealized loss on interest rate hedges | — | — | — | — | (149) | (149) | — | (149) |
| Amortization of swap settlements | — | — | — | — | 510 | 510 | — | 510 |
| Distributions to noncontrolling interests | — | — | — | — | — | — | (2) | (2) |
| Dividends ($0.18 per common share) | — | — | — | (15,885) | — | (15,885) | — | (15,885) |
| Share grants, net of forfeitures and tax withholdings | 23 | — | 1,269 | — | — | 1,269 | — | 1,269 |
| Balance, September 30, 2023 | 87,832 | $878 | $1,734,657 | $(550,442) | $(12,332) | $1,172,761 | $292 | $1,173,053 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.