CENTERSPACE
For the period ended Dec 31, 2024. Filed Feb 18, 2025.
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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.
FY2024 · Filed Feb 18, 2025
CSR$57.51+0.5%Stored close · as of Nov 9, 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
| (in thousands, except per share amounts) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NUMBER · ACCUMULATED · ACCUMULATED | ||||||||||||
| OF · DISTRIBUTIONS · OTHER | ||||||||||||
| PREFERRED · COMMON · COMMON · IN EXCESS OF · COMPREHENSIVE · NONCONTROLLING · TOTAL | ||||||||||||
| SHARES · SHARES · SHARES · NET INCOME · LOSS · INTERESTS · EQUITY | ||||||||||||
| Balance at December 31, 2021 | $93,530 | 15,016 | $1,157,255 | $(474,318) | $(4,435) | $224,248 | $996,280 | |||||
| Net loss attributable to controlling interest and noncontrolling interests | (14,109) | (4,172) | (18,281) | |||||||||
| Change in fair value of derivatives and amortization of swap settlements | 2,380 | 2,380 | ||||||||||
| Distributions – common shares and Units ($2.92 per share and Unit) | (44,567) | (2,878) | (47,445) | |||||||||
| Distributions – Series C preferred shares ($1.65625 per Series C share) | (6,428) | (6,428) | ||||||||||
| Distributions – Series E preferred units ($3.875 per unit) | (7,029) | (7,029) | ||||||||||
| Share-based compensation, net of forfeitures | 25 | 2,615 | 2,615 | |||||||||
| Sale of common shares, net | 321 | 31,439 | 31,439 | |||||||||
| Issuance of Units | 13,023 | 9,859 | 22,882 | |||||||||
| Redemption of Units for common shares | 24 | (1,353) | 1,353 | — | ||||||||
| Redemption of Units for cash | (4,141) | (4,141) | ||||||||||
| Redemption of Series E preferred units for common shares | 67 | (3,667) | 3,667 | — | ||||||||
| Shares repurchased | (432) | (29,059) | (29,059) | |||||||||
| Change in value of Series D preferred units | 8,771 | 8,771 | ||||||||||
| Shares withheld for taxes | (1,284) | (1,284) | ||||||||||
| Other | (1) | (256) | (148) | (404) | ||||||||
| Balance at December 31, 2022 | $93,530 | 15,020 | $1,177,484 | $(539,422) | $(2,055) | $220,759 | $950,296 | |||||
| Net loss attributable to controlling interests and noncontrolling interests | 41,325 | 7,266 | 48,591 | |||||||||
| Amortization of swap settlements | 936 | 936 | ||||||||||
| Distributions – common shares and Units ($2.92 per share and Unit) | (43,748) | (2,694) | (46,442) | |||||||||
| Distributions – Series C preferred shares ($1.65625 per Series C share) | (6,428) | (6,428) | ||||||||||
| Distributions – Series E preferred units ($3.875 per unit) | (6,756) | (6,756) | ||||||||||
| Share-based compensation, net of forfeitures | 20 | 3,295 | 3,295 | |||||||||
| Redemption of Units for common shares | 109 | (1,910) | 1,910 | — | ||||||||
| Redemption of Series E preferred units for common shares | 31 | (1,390) | 1,390 | — | ||||||||
| Shares repurchased | (216) | (11,539) | (11,539) | |||||||||
| Other | (1) | (246) | (682) | (928) | ||||||||
| Balance at December 31, 2023 | $93,530 | 14,963 | $1,165,694 | $(548,273) | $(1,119) | $221,193 | $931,025 | |||||
| Net income attributable to controlling interests and noncontrolling interests | (11,328) | (3,504) | (14,832) | |||||||||
| Amortization of swap settlements | 712 | 712 | ||||||||||
| Distributions – common shares and Units ($3.00 per share and Unit) | (47,309) | (2,602) | (49,911) | |||||||||
| Distributions – Series C preferred shares ($1.2421875 per Series C share) | (4,821) | (4,821) | ||||||||||
| Distributions – Series E preferred units ($3.875 per unit) | (6,615) | (6,615) | ||||||||||
| Share-based compensation, net of forfeitures | 14 | 3,014 | 3,014 | |||||||||
| Sale of common shares, net | 1,587 | 112,003 | 112,003 | |||||||||
| Issuance of Units | 5,296 | 8,579 | 13,875 | |||||||||
| Redemption of Units for common shares | 71 | (2,663) | 2,663 | — | ||||||||
| Redemption of Series E preferred units for common shares | 172 | (8,938) | 8,938 | — | ||||||||
| Shares repurchased | (93,530) | (88) | (4,703) | (3,511) | (101,744) | |||||||
| Other | — | (154) | (109) | (263) | ||||||||
| Balance at December 31, 2024 | $— | 16,719 | $1,269,549 | $(615,242) | $(407) | $228,543 | $882,443 | |||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.