AMERICOLD REALTY TRUST
For the period ended Dec 31, 2023. Filed Feb 29, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 29, 2024
COLD$16.06+0.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| Americold Realty Trust, Inc. and Subsidiaries | ||
|---|---|---|
| Consolidated Balance Sheets | ||
| (In thousands, except shares and per share amounts) | ||
| December 31, | ||
| 2023 | 2022 | |
| Assets | ||
| Property, buildings, and equipment: | ||
| Land | $820,831 | $786,975 |
| Buildings and improvements | 4,464,359 | 4,245,607 |
| Machinery and equipment | 1,565,431 | 1,407,874 |
| Assets under construction | 452,312 | 526,811 |
| 7,302,933 | 6,967,267 | |
| Accumulated depreciation | (2,196,196) | (1,901,450) |
| Property, buildings, and equipment – net | 5,106,737 | 5,065,817 |
| Operating Leases: | ||
| Operating lease right-of-use assets | 343,532 | 352,553 |
| Accumulated amortization-operating leases | (96,230) | (76,334) |
| Operating leases-net | 247,302 | 276,219 |
| Financing Leases: | ||
| Buildings and improvements | 13,542 | 13,546 |
| Machinery and equipment | 161,446 | 127,009 |
| 174,988 | 140,555 | |
| Accumulated depreciation | (69,824) | (57,626) |
| Financing leases – net | 105,164 | 82,929 |
| Cash, cash equivalents, and restricted cash | 60,392 | 53,063 |
| Accounts receivable, net of allowance of $21,647 and $15,951 at December 31, 2023 and 2022, respectively | 426,048 | 430,042 |
| Identifiable intangible assets – net | 897,414 | 925,223 |
| Goodwill | 794,004 | 1,033,637 |
| Investments in and advances to partially owned entities | 38,113 | 78,926 |
| Other assets | 194,078 | 158,705 |
| Total assets | $7,869,252 | $8,104,561 |
| Liabilities: | ||
| Borrowings under revolving line of credit | $392,156 | $500,052 |
| Accounts payable and accrued expenses | 568,764 | 557,540 |
| Senior unsecured notes and term loans - net of deferred financing cost of $10,578 and $13,044 at December 31, 2023 and 2022, respectively | 2,601,122 | 2,569,281 |
| Sale-leaseback financing obligations | 161,937 | 171,089 |
| Financing lease obligations | 97,177 | 77,561 |
| Operating lease obligations | 240,251 | 264,634 |
| Unearned revenue | 28,379 | 32,046 |
| Pension and postretirement benefits | 1,624 | 1,531 |
| Deferred tax liability - net | 135,797 | 135,098 |
| Multiemployer pension plan withdrawal liability | 7,458 | 7,851 |
| Total liabilities | 4,234,665 | 4,316,683 |
| Commitments and contingencies (see Commitments and Contingencies Note 17) | ||
| Equity | ||
| Stockholders' equity | ||
| Common stock, $0.01 par value per share – 500,000,000 authorized shares; 283,699,120 and 269,814,956 issued and outstanding at December 31, 2023 and 2022, respectively | 2,837 | 2,698 |
| Paid-in capital | 5,625,907 | 5,191,969 |
| Accumulated deficit and distributions in excess of net earnings | (1,995,975) | (1,415,198) |
| Accumulated other comprehensive loss | (16,640) | (6,050) |
| Total stockholders’ equity | 3,616,129 | 3,773,419 |
| Noncontrolling interests: | ||
| Noncontrolling interests in operating partnership | 18,458 | 14,459 |
| Total equity | 3,634,587 | 3,787,878 |
| Total liabilities and equity | $7,869,252 | $8,104,561 |
| See accompanying notes to consolidated financial statements. | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.