Elme Communities
For the period ended Dec 31, 2025. Filed Feb 27, 2026.
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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.
FY2025 · Filed Feb 27, 2026
ELME$1.77+0.6%Stored close · as of Oct 22, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES
(A). The following documents are filed as part of this Form 10-K:
| 1 | Financial Statements | Page |
|---|---|---|
| Management's Report on Internal Control Over Financial Reporting | 40 | |
| Report of Independent Registered Public Accounting Firm (PCAOB ID: 42) | 41 | |
| Report of Independent Registered Public Accounting Firm on Internal Control Over Financial Reporting | 43 | |
| Consolidated Statement of Net Assets (Liquidation Basis) as of December 31, 2025 | 44 | |
| Consolidated Balance Sheet (Going Concern Basis) as of December 31, 2024 | 45 | |
| Consolidated Statement of Changes in Net Assets (Liquidation Basis) for the Period from November 1, 2025 through December 31, 2025 | 46 | |
| Consolidated Statements of Operations (Going Concern Basis) for the Ten Months Ended October 31, 2025 and Years Ended December 31, 2024 and 2023 | 47 | |
| Consolidated Statements of Comprehensive Income (Loss) (Going Concern Basis) for the Ten Months Ended October 31, 2025 and Years Ended December 31, 2024 and 2023 | 48 | |
| Consolidated Statements of Equity (Going Concern Basis) for the Ten Months Ended October 31, 2025 and Years Ended December 31, 2024 and 2023 | 49 | |
| Consolidated Statements of Cash Flows (Going Concern Basis) for the Ten Months Ended October 31, 2025 and Years Ended December 31, 2024 and 2023 | 50 | |
| Notes to Consolidated Financial Statements | 52 | |
| 2 | Financial Statement Schedules | |
| Schedule II – Valuation and Qualifying Accounts | 78 | |
| Schedule III – Consolidated Real Estate and Accumulated Depreciation | 79 | |
| All other schedules are omitted because they are either not required or the required information is shown in the financial statements or notes thereto. | ||
| 3 | Exhibits: | |
| Incorporated by Reference | ||||||
|---|---|---|---|---|---|---|
| ExhibitNumber | Exhibit Description | Form | FileNumber | Exhibit | Filing Date | FiledHerewith |
| 2.1 | Purchase and Sale Agreement, dated August 1, 2025, by and among Elme Communities, WashREIT OP LLC, Echo Sub LLC, CEVF VI Capital Holdings, LLC and CEVF VI Co-Invest I Venture, LLC | 8-K | 001-06622 | 2.1 | 8/4/2025 | |
| 2.2 | Plan of Sale and Liquidation | 8-K | 001-06622 | 2.2 | 8/4/2025 | |
| 3.1 | Articles of Amendment and Restatement of Declaration of Trust of the Company, as amended | 10-K | 001-06622 | 3.1 | 2/17/2023 | |
| 3.2 | Articles Supplementary of Elme Communities | 8-K | 001-06622 | 3.1 | 3/20/2025 | |
| 3.3 | Amended and Restated Bylaws of Elme Communities, as amended | 8-K | 001-06622 | 3.1 | 9/20/2023 | |
| 4.1 | Description of Registrant's Securities | X | ||||
| 10.1* | Supplemental Executive Retirement Plan II dated January 1, 2008 | 10-K | 001-06622 | 10.1 | 2/17/2023 | |
| 10.2* | Form of Indemnification Agreement by and between Washington REIT and the indemnitee | 8-K | 001-06622 | 10(nn) | 7/27/2009 | |
| 10.3* | Deferred Compensation Plan for Officers, effective January 1, 2007, as amended and restated on January 1, 2011 | 10-K | 001-06622 | 10.3 | 2/17/2023 | |
| 10.4* | Amendment to Amended and Restated Deferred Compensation Plan for Officers, adopted December 31, 2012 | 10-K | 001-06622 | 10.37 | 2/27/2013 | |
| 10.5* | Amendment to Amended and Restated Deferred Compensation Plan for Officers, adopted February 13, 2013 | 10-Q | 001-06622 | 10.45 | 5/9/2013 | |
| 10.6* | Amendment to Amended and Restated Deferred Compensation Plan for Officers, adopted February 18, 2014 | 10-K | 001-06622 | 10.45 | 3/3/2014 | |
| 10.7* | Amended and Restated Trustee Deferred Compensation Plan, effective October 21, 2015 | 10-Q | 001-06622 | 10.61 | 11/4/2015 | |
| 10.8* | Amendment to Amended and Restated Trustee Deferred Compensation Plan | X | ||||
| Incorporated by Reference | ||||||
|---|---|---|---|---|---|---|
| ExhibitNumber | Exhibit Description | Form | FileNumber | Exhibit | Filing Date | FiledHerewith |
| 10.9* | Elme Communities 2016 Omnibus Incentive Plan (as amended and restated effective as of May 30, 2024) | 8-K | 001-06622 | 10.1 | 6/4/2024 | |
| 10.10 | Cooperation Agreement, dated March 19, 2025, by and among Elme Communities, Argosy-Lionbridge Real Estate Securities, L.P. and the Related Persons on Schedule A thereto | 8-K | 001-06622 | 10.1 | 3/20/2025 | |
| 10.11* | Retention Agreement between Paul McDermott and Elme Communities | 8-K | 001-06622 | 10.1 | 1/23/2026 | |
| 10.12* | Retention Agreement between Tiffany Butcher and Elme Communities | 8-K | 001-06622 | 10.2 | 1/23/2026 | |
| 10.13* | Retention Agreement between W. Drew Hammond and Elme Communities | 8-K | 001-06622 | 10.3 | 1/23/2026 | |
| 10.14* | Retention Agreement between Steven Freishtat and Elme Communities | 8-K | 001-06622 | 10.4 | 1/23/2026 | |
| 10.15* | Executive Officer Short-Term Incentive Plan for the performance period beginning November 13, 2025 | 8-K | 001-06622 | 10.5 | 1/23/2026 | |
| 10.16* | Separation Agreement and Release of Claims (Susan L. Gerock) | 8-K | 001-06622 | 10.1 | 11/14/2025 | |
| 10.17 | Loan Agreement, dated as of November 12, 2025 | 8-K | 001-06622 | 10.1 | 11/13/2025 | |
| 10.18 | Form of Agreement and Release of Claims | X | ||||
| 19 | Elme Communities Policy on Inside Information and Insider Trading | 10-K | 001-06622 | 19 | 2/14/2025 | |
| 21 | Subsidiaries of Registrant | X | ||||
| 23 | Consent of Independent Registered Public Accounting Firm | X | ||||
| 24 | Power of Attorney | X | ||||
| 31.1 | Certification of the Chief Executive Officer pursuant to Rule 13a-14(a) of the Securities Exchange Act of 1934, as amended (“the Exchange Act”) | X | ||||
| 31.2 | Certification of the Chief Financial Officer pursuant to Rule 13a-14(a) of the Exchange Act | X | ||||
| 31.3 | Certification of the Chief Administrative Officer pursuant to Rule 13a-14(a) of the Exchange Act | X | ||||
| 32 | Certification of the Chief Executive Officer, Chief Financial Officer and Chief Administrative Officer pursuant to Rule 13a-14(b) of the Exchange Act and 18U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 | X | ||||
| 97 | Elme Communities Compensation Recovery Policy | 10-K | 001-06622 | 97 | 2/16/2024 | |
| 101 | INS-XBRL Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document. | X | ||||
| 101.SCH | Inline XBRL Taxonomy Extension Schema Document | X | ||||
| 101.CAL | Inline XBRL Taxonomy Extension Calculation Linkbase Document | X | ||||
| 101.DEF | Inline XBRL Taxonomy Extension Definition Linkbase Document | X | ||||
| 101.LAB | Inline XBRL Taxonomy Extension Label Linkbase Document | X | ||||
| 101.PRE | Inline XBRL Taxonomy Extension Presentation Linkbase Document | X | ||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document and contained in Exhibit 101) | |||||
- Management contracts or compensation plans or arrangements in which trustees or executive officers are eligible to participate.
In accordance with Item 601(b)(4)(iii)(A) of Regulation S-K, copies of certain instruments defining the rights of holders of long-term debt of Elme Communities or its subsidiaries are not filed herewith. Pursuant to this regulation, we hereby agree to furnish a copy of any such instrument to the SEC upon request.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.