Broadstone Net Lease, Inc.
For the period ended Mar 31, 2025. Filed May 1, 2025.
View on SEC.govAbout this filing
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, 2025 · Filed May 1, 2025
BNL$17.85+0.1%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
Condensed Consolidated Statements of Equity (Unaudited)
Condensed Consolidated Statem ents of Equity
| CommonStock | AdditionalPaid-inCapital | CumulativeDistributionsin Excess ofRetained Earnings | AccumulatedOtherComprehensiveIncome | Non-controllingInterests | TotalEquity | |
|---|---|---|---|---|---|---|
| Balance, January 1, 2025 | $47 | $3,450,584 | $(496,543) | $49,657 | $137,679 | $3,141,424 |
| Net income | — | — | 16,743 | — | 750 | 17,493 |
| Issuance of 292 shares of common stock under equity incentive plan | — | 104 | — | — | — | 104 |
| Offering costs, discounts, and commissions | — | (136) | — | — | — | (136) |
| Stock-based compensation, net of three shares of restricted stock forfeited | — | 2,147 | — | — | — | 2,147 |
| Retirement of 86 shares of common stock under equity incentive plan | — | (1,446) | — | — | — | (1,446) |
| Conversion of 244 OP Units to 244 shares of common stock | — | 3,882 | — | — | (3,882) | — |
| Distributions declared ($0.29 per share and OP Unit) | — | — | (56,274) | — | (2,600) | (58,874) |
| Change in fair value of interest rate swap agreements | — | — | — | (19,039) | (853) | (19,892) |
| Realized gain on interest rate swap agreements | — | — | — | (6) | — | (6) |
| Adjustment to non-controlling interests | — | 906 | — | (892) | (14) | — |
| Balance, March 31, 2025 | $47 | $3,456,041 | $(536,074) | $29,720 | $131,080 | $3,080,814 |
| CommonStock | AdditionalPaid-inCapital | CumulativeDistributionsin Excess ofRetained Earnings | AccumulatedOtherComprehensive Income | Non-controllingInterests | TotalEquity | |
|---|---|---|---|---|---|---|
| Balance, January 1, 2024 | $47 | $3,440,639 | $(440,731) | $49,286 | $145,100 | $3,194,341 |
| Net income | — | — | 65,114 | — | 3,063 | 68,177 |
| Issuance of 822 shares of common stock under equity incentive plan | — | 116 | — | — | — | 116 |
| Offering costs, discounts, and commissions | — | (36) | — | — | — | (36) |
| Stock-based compensation, net of 25 shares of restricted stock forfeited | — | 1,475 | — | — | — | 1,475 |
| Retirement of 71 shares of common stock under equity incentive plan | — | (1,040) | — | — | — | (1,040) |
| Conversion of 95 OP Units to 95 shares of common stock | — | 1,536 | — | — | (1,536) | — |
| Distributions declared ($0.285 per share and OP Unit) | — | — | (54,552) | — | (2,740) | (57,292) |
| Change in fair value of interest rate swap agreements | — | — | — | 11,274 | 530 | 11,804 |
| Realized loss on interest rate swap agreements | — | — | — | 152 | 7 | 159 |
| Adjustment to non-controlling interests | — | 4,220 | — | (3,878) | (342) | — |
| Balance, March 31, 2024 | $47 | $3,446,910 | $(430,169) | $56,834 | $144,082 | $3,217,704 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.