INNOVATIVE INDUSTRIAL PROPERTIES INC
For the period ended Mar 31, 2024. Filed May 9, 2024.
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, 2024 · Filed May 9, 2024
IIPR$55.06-0.9%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 Stockholders’ Equity
(In thousands, except share amounts)
| | | | | | | | | | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| · · Three Months Ended March 31, 2024 | |||||||||||||||||
| · · Series A · · Shares of · · · · · Additional · · Dividends in · · Total | |||||||||||||||||
| · · Preferred · · Common · · Common · · Paid-In- · · Excess of · · Stockholders’ | |||||||||||||||||
| · Stock · Stock · Stock · Capital · Earnings · Equity | |||||||||||||||||
| Balances at beginning of period | | $14,009 | 28,140,891 | | $28 | | $2,095,789 | | $(156,854) | | $1,952,972 | ||||||
| Net income | | | — | | — | | | — | | | — | | | 39,428 | | | 39,428 |
| Issuance of unvested restricted stock, net of forfeitures | | | — | | 36,124 | | | — | | | (750) | | | — | | | (750) |
| Exchange of Exchangeable Senior Notes | | | — | | 28,408 | | | — | | | — | | | — | | | — |
| Net proceeds from sale of common stock | | | — | | 123,224 | | | — | | | 11,757 | | | — | | | 11,757 |
| Preferred stock dividends | | | — | | — | | | — | | | — | | | (338) | | | (338) |
| Common stock dividends | | | — | | — | | | — | | | — | | | (51,957) | | | (51,957) |
| Stock-based compensation | | | — | | — | | | — | | | 4,315 | | | — | | | 4,315 |
| Balances at end of period | | $14,009 | 28,328,647 | | $28 | | $2,111,111 | | $(169,721) | | $1,955,427 | ||||||
| | | | | | | | | | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| · · Three Months Ended March 31, 2023 | |||||||||||||||||
| · · Series A · · Shares of · · · · · Additional · · Dividends in · · Total | |||||||||||||||||
| · · Preferred · · Common · · Common · · Paid-In · · Excess of · · Stockholders’ | |||||||||||||||||
| · Stock · Stock · Stock · Capital · Earnings · Equity | |||||||||||||||||
| Balances at beginning of period | | $14,009 | 27,972,830 | | $28 | | $2,065,248 | | $(117,392) | | $1,961,893 | ||||||
| Net income | | | — | | — | | | — | | | — | | | 41,092 | | | 41,092 |
| Issuance of unvested restricted stock, net of forfeitures | | | — | | 29,969 | | | — | | | (568) | | | — | | | (568) |
| Exchange of Exchangeable Senior Notes | | | — | | 32,200 | | | — | | | 1,964 | | | — | | | 1,964 |
| Preferred stock dividends | | | — | | — | | | — | | | — | | | (338) | | | (338) |
| Common stock dividends | | | — | | — | | | — | | | — | | | (50,725) | | | (50,725) |
| Stock-based compensation | | | — | | — | | | — | | | 4,829 | | | — | | | 4,829 |
| Balances at end of period | | $14,009 | 28,034,999 | | $28 | | $2,071,473 | | $(127,363) | | $1,958,147 | ||||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.