Easterly Government Properties Inc
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
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 September 30, 2024 and December 31, 2023 (unaudited)
Consolidated Balance Sheets (unaudited)
(Amounts in thousands, except share amounts)
| September 30, 2024 | December 31, 2023 | |
|---|---|---|
| Assets | ||
| Real estate properties, net | $2,457,256 | $2,319,143 |
| Cash and cash equivalents | 31,202 | 9,381 |
| Restricted cash | 8,005 | 12,558 |
| Tenant accounts receivable | 70,280 | 66,274 |
| Investment in unconsolidated real estate venture | 315,886 | 284,544 |
| Real estate loan receivable, net | 30,689 | — |
| Intangible assets, net | 146,204 | 148,453 |
| Interest rate swaps | 514 | 1,994 |
| Prepaid expenses and other assets | 41,073 | 37,405 |
| Assets held for sale | 2,002 | — |
| Total assets | $3,103,111 | $2,879,752 |
| Liabilities | ||
| Revolving credit facility | 149,550 | 79,000 |
| Term loan facilities, net | 273,851 | 299,108 |
| Notes payable, net | 894,523 | 696,532 |
| Mortgage notes payable, net | 156,653 | 220,195 |
| Intangible liabilities, net | 11,367 | 12,480 |
| Deferred revenue | 121,767 | 82,712 |
| Accounts payable, accrued expenses and other liabilities | 113,766 | 80,209 |
| Total liabilities | 1,721,477 | 1,470,236 |
| Equity | ||
| Common stock, par value $0.01, 200,000,000 shares authorized, 105,666,329 and 100,973,247 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively | 1,056 | 1,010 |
| Additional paid-in capital | 1,845,271 | 1,783,338 |
| Retained earnings | 126,401 | 112,301 |
| Cumulative dividends | (658,042) | (576,319) |
| Accumulated other comprehensive income | 489 | 1,871 |
| Total stockholders’ equity | 1,315,175 | 1,322,201 |
| Non-controlling interest in Operating Partnership | 66,459 | 87,315 |
| Total equity | 1,381,634 | 1,409,516 |
| Total liabilities and equity | $3,103,111 | $2,879,752 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.