Curbline Properties Corp.
For the period ended Sep 30, 2026. Filed Oct 22, 2026.
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.
Sep 30, 2026 · Filed Oct 22, 2026
CURB$29.38-0.5%Stored close · as of Nov 6, 2026
Contents
Item 1. Consolidated Balance Sheets as of September 30, 2026 and December 31, 2025
CONSOLIDATED BALANCE SHEETS
(unaudited; in thousands, except share amounts)
| September 30, 2026 | December 31, 2025 | |
|---|---|---|
| Assets | ||
| Land | $1,019,831 | $759,267 |
| Buildings | 1,734,945 | 1,304,288 |
| Fixtures and tenant improvements | 131,064 | 107,013 |
| 2,885,840 | 2,170,568 | |
| Less: Accumulated depreciation | (255,940) | (209,429) |
| 2,629,900 | 1,961,139 | |
| Construction in progress and land | 41,535 | 27,355 |
| Total real estate assets, net | 2,671,435 | 1,988,494 |
| Cash and cash equivalents | 122,833 | 289,553 |
| Accounts receivable, net | 26,673 | 22,514 |
| Amounts receivable from SITE Centers | 6,599 | 21,457 |
| Intangible assets, net | 178,528 | 137,513 |
| Other assets | 27,114 | 10,259 |
| Total assets | $3,033,182 | $2,469,790 |
| Liabilities and Equity | ||
| Indebtedness: | ||
| Senior notes, net | $347,406 | $175,086 |
| Term loans, net | 248,743 | 248,153 |
| Revolving credit facility | — | — |
| 596,149 | 423,239 | |
| Below-market leases, net | 84,437 | 66,698 |
| Dividends payable | 21,798 | 20,872 |
| Accounts payable and other liabilities | 57,605 | 45,511 |
| Total liabilities | 759,989 | 556,320 |
| Commitments and contingencies (Note 7) | ||
| Equity | ||
| Preferred Stock, par value $0.01 per share; 100,000,000 authorized; 0 shares outstanding at September 30, 2026 and December 31, 2025 | — | — |
| Common Stock, par value $0.01 per share; 400,000,000 shares authorized; 121,302,763 and 105,368,120 shares issued and outstanding at September 30, 2026 and December 31, 2025, respectively | 1,213 | 1,054 |
| Additional paid-in-capital | 2,342,039 | 1,958,845 |
| Accumulated distributions in excess of net income | (85,248) | (46,100) |
| Accumulated other comprehensive income (loss) | 7,847 | (4,606) |
| Total stockholders’ equity | 2,265,851 | 1,909,193 |
| Non-controlling interests | 7,342 | 4,277 |
| Total equity | 2,273,193 | 1,913,470 |
| Total liabilities and equity | $3,033,182 | $2,469,790 |
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