CENTERSPACE
For the period ended Dec 31, 2025. Filed Feb 17, 2026.
View on SEC.govAbout this filing
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 17, 2026
CSR$57.17-0.6%Stored close · as of Nov 10, 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, 2022 | $93,530 | 15,020 | $1,252,142 | $(539,422) | $(2,055) | $146,101 | $950,296 | |||||
| Net income attributable to controlling interest 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 | 5,224 | (5,224) | — | ||||||||
| Redemption of Series E preferred units for common shares | 31 | 1,557 | (1,557) | — | ||||||||
| Equity rebalancing | (933) | 933 | — | |||||||||
| Shares repurchased | (216) | (11,539) | (11,539) | |||||||||
| Other | (1) | (306) | (622) | (928) | ||||||||
| Balance at December 31, 2023 | $93,530 | 14,963 | $1,249,440 | $(548,273) | $(1,119) | $137,447 | $931,025 | |||||
| Net loss 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 | 4,385 | 9,490 | 13,875 | |||||||||
| Redemption of Units for common shares | 71 | 3,218 | (3,218) | — | ||||||||
| Redemption of Series E preferred units for common shares | 172 | 7,784 | (7,784) | — | ||||||||
| Equity rebalancing | (7,350) | 7,350 | — | |||||||||
| Shares repurchased | (93,530) | (88) | (4,703) | (3,511) | (101,744) | |||||||
| Other | — | (154) | (109) | (263) | ||||||||
| Balance at December 31, 2024 | $— | 16,719 | $1,367,637 | $(615,242) | $(407) | $130,455 | $882,443 | |||||
| Net income attributable to controlling interests and noncontrolling interests | 17,101 | 5,377 | 22,478 | |||||||||
| Amortization of swap settlements | 407 | 407 | ||||||||||
| Distributions – common shares and Units ($3.08 per share and Unit) | (51,537) | (2,951) | (54,488) | |||||||||
| Distributions – Series E preferred units ($3.875 per unit) | (6,113) | (6,113) | ||||||||||
| Share-based compensation, net of forfeitures | 31 | 3,445 | 3,445 | |||||||||
| Sale of common shares, net | — | (331) | (331) | |||||||||
| Redemption of Units for common shares | 60 | 2,661 | (2,661) | — | ||||||||
| Redemption of Series E preferred units for common shares | 14 | 598 | (598) | — | ||||||||
| Equity rebalancing | (235) | 235 | — | |||||||||
| Shares repurchased | (63) | (3,454) | (3,454) | |||||||||
| Contribution from noncontrolling interests - consolidated real estate entities | 1,428 | 1,428 | ||||||||||
| Distribution to noncontrolling interests - consolidated real estate entities | (4,509) | (4,509) | ||||||||||
| Shares withheld for taxes | (1,172) | (1,172) | ||||||||||
| Other | — | (315) | (3) | (318) | ||||||||
| Balance at December 31, 2025 | $— | 16,761 | $1,368,834 | $(649,678) | $— | $120,660 | $839,816 | |||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.