Howard Hughes Holdings Inc
For the period ended Mar 31, 2024. Filed May 8, 2024.
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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 8, 2024
HHH$85.60+10.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
| thousands except par values and share amounts | March 31, 2024 | December 31, 2023 |
|---|---|---|
| ASSETS | ||
| Master Planned Communities assets | $2,481,538 | $2,445,673 |
| Buildings and equipment | 4,207,900 | 4,177,677 |
| Less: accumulated depreciation | (1,071,110) | (1,032,226) |
| Land | 303,380 | 303,685 |
| Developments | 1,438,924 | 1,272,445 |
| Net investment in real estate | 7,360,632 | 7,167,254 |
| Investments in unconsolidated ventures | 213,433 | 220,258 |
| Cash and cash equivalents | 462,700 | 631,548 |
| Restricted cash | 429,130 | 421,509 |
| Accounts receivable, net | 111,117 | 115,045 |
| Municipal Utility District receivables, net | 584,222 | 550,884 |
| Deferred expenses, net | 145,833 | 142,561 |
| Operating lease right-of-use assets | 45,649 | 44,897 |
| Other assets, net | 283,175 | 283,047 |
| Total assets | $9,635,891 | $9,577,003 |
| LIABILITIES | ||
| Mortgages, notes, and loans payable, net | $5,391,243 | $5,302,620 |
| Operating lease obligations | 53,065 | 51,584 |
| Deferred tax liabilities, net | 70,697 | 87,835 |
| Accounts payable and other liabilities | 1,108,131 | 1,076,040 |
| Total liabilities | 6,623,136 | 6,518,079 |
| Commitments and Contingencies (see Note 9) | ||
| EQUITY | ||
| Preferred stock: $0.01 par value; 50,000,000 shares authorized, none issued | — | — |
| Common stock: $0.01 par value; 150,000,000 shares authorized, 56,714,750 issued, and 50,243,739 outstanding as of March 31, 2024, 56,495,791 shares issued, and 50,038,014 outstanding as of December 31, 2023 | 567 | 565 |
| Additional paid-in capital | 3,993,152 | 3,988,496 |
| Retained earnings (accumulated deficit) | (436,173) | (383,696) |
| Accumulated other comprehensive income (loss) | 3,897 | 1,272 |
| Treasury stock, at cost, 6,471,011 shares as of March 31, 2024, and 6,457,777 shares as of December 31, 2023 | (614,818) | (613,766) |
| Total stockholders' equity | 2,946,625 | 2,992,871 |
| Noncontrolling interests | 66,130 | 66,053 |
| Total equity | 3,012,755 | 3,058,924 |
| Total liabilities and equity | $9,635,891 | $9,577,003 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.