Easterly Government Properties Inc
For the period ended Mar 31, 2024. Filed Apr 30, 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.
Mar 31, 2024 · Filed Apr 30, 2024
DEA$22.72+1.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets as of March 31, 2024 and December 31, 2023 (unaudited)
Consolidated Balance Sheets (unaudited)
(Amounts in thousands, except share amounts)
| March 31, 2024 | December 31, 2023 | |
|---|---|---|
| Assets | ||
| Real estate properties, net | $2,337,307 | $2,319,143 |
| Cash and cash equivalents | 43,545 | 9,381 |
| Restricted cash | 12,557 | 12,558 |
| Tenant accounts receivable | 73,092 | 66,274 |
| Investment in unconsolidated real estate venture | 282,879 | 284,544 |
| Intangible assets, net | 143,044 | 148,453 |
| Interest rate swaps | 2,897 | 1,994 |
| Prepaid expenses and other assets | 47,494 | 37,405 |
| Total assets | $2,942,815 | $2,879,752 |
| Liabilities | ||
| Revolving credit facility | 144,500 | 79,000 |
| Term loan facilities, net | 298,917 | 299,108 |
| Notes payable, net | 696,655 | 696,532 |
| Mortgage notes payable, net | 218,916 | 220,195 |
| Intangible liabilities, net | 11,593 | 12,480 |
| Deferred revenue | 88,746 | 82,712 |
| Accounts payable, accrued expenses and other liabilities | 95,642 | 80,209 |
| Total liabilities | 1,554,969 | 1,470,236 |
| Equity | ||
| Common stock, par value $0.01, 200,000,000 shares authorized, 102,354,702 and 100,973,247 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively | 1,024 | 1,010 |
| Additional paid-in capital | 1,801,304 | 1,783,338 |
| Retained earnings | 116,927 | 112,301 |
| Cumulative dividends | (603,443) | (576,319) |
| Accumulated other comprehensive income | 2,753 | 1,871 |
| Total stockholders’ equity | 1,318,565 | 1,322,201 |
| Non-controlling interest in Operating Partnership | 69,281 | 87,315 |
| Total equity | 1,387,846 | 1,409,516 |
| Total liabilities and equity | $2,942,815 | $2,879,752 |
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