Douglas Emmett Inc

For the period ended Mar 31, 2026. Filed May 8, 2026.

About 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, 2026 · Filed May 8, 2026

DEI$10.00-3.7%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 exhibits

Contents

Consolidated Statements of Cash Flows

	Three Months Ended March 31,
	2026	2025
Operating Activities
Net (loss) income	$(12,609)	$44,579
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Gain from consolidation of JV	—	(47,212)
Depreciation and amortization	97,407	97,840
Net accretion of acquired lease intangibles	(1,074)	(1,463)
Straight-line rent	(2,918)	(1,835)
Loan premium/discount amortized/accreted and written off	83	83
Deferred loan costs amortized and written off	3,437	2,457
Amortization of stock-based compensation	2,720	2,730
Change in working capital components:
Tenant receivables	(2,385)	472
Interest payable, accounts payable and deferred revenue	37,588	31,574
Security deposits	1,605	267
Other assets	(6,918)	3,144
Net cash provided by operating activities	116,936	132,636
Investing Activities
Capital expenditures for improvements to real estate	(51,709)	(42,311)
Capital expenditures for developments	(23,367)	(17,510)
Insurance recoveries for damage to real estate	258	284
Cash and cash equivalents assumed from consolidation of JV	—	25,589
Net cash used in investing activities	(74,818)	(33,948)
Financing Activities
Proceeds from borrowings	16,037	127,200
Repayment of borrowings	(1,882)	(102,632)
Loan cost payments	(271)	(3,219)
Distributions paid to noncontrolling interests	(7,695)	(7,103)
Dividends paid to common stockholders	(31,817)	(31,813)
Repurchases of OP Units	(31)	(48)
Net cash used in financing activities	(25,659)	(17,615)
Increase in cash and cash equivalents and restricted cash	16,459	81,073
Cash and cash equivalents and restricted cash - beginning balance	340,818	444,652
Cash and cash equivalents and restricted cash - ending balance	$357,277	$525,725
Statement continues on the next page.

Consolidated Statements of Cash Flows

Reconciliation of Ending Cash Balance
	March 31, 2026	March 31, 2025
Cash and cash equivalents	$357,248	$525,696
Restricted cash (included in Other assets on our consolidated balance sheets)	29	29
Cash and cash equivalents and restricted cash	$357,277	$525,725

Supplemental Cash Flows Information

	Three Months Ended March 31,
	2026	2025
Cash paid for interest, net of capitalized interest	$57,325	$57,814
Capitalized interest paid	$2,662	$2,474
Non-cash Investing Transactions
Accrual for real estate and development capital expenditures	$25,934	$20,347
Capitalized stock-based compensation for improvements to real estate and developments	$645	$655
Removal of fully depreciated and amortized buildings, building improvements, tenant improvements and lease intangibles	$21,363	$21,700
Removal of fully amortized acquired lease intangible assets	$260	$237
Removal of fully accreted acquired lease intangible liabilities	$2,753	$1,822
Non-cash Financing Transactions
Non-cash portion of secured notes payable	$1,023	$—
Gain (loss) recorded in AOCI - consolidated derivatives	$11,717	$(6,778)
Dividends declared	$31,822	$31,815
Exchange of OP Units for common stock	$302	$159

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.