Howard Hughes Holdings Inc
For the period ended Dec 31, 2024. Filed Feb 26, 2025.
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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.
FY2024 · Filed Feb 26, 2025
HHH$85.60+10.1%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
Financial Statements Consolidated Balance Sheets
| FINANCIAL STATEMENTS | Table of ContentsIndex to Financial Statements |
|---|
CONSOLIDATED BALANCE SHEETS
| December 31, | ||
|---|---|---|
| thousands except par values and share amounts | 2024 | 2023 |
| ASSETS | ||
| Master Planned Communities assets | $2,511,662 | $2,445,673 |
| Buildings and equipment | 3,841,872 | 3,649,376 |
| Less: accumulated depreciation | (949,533) | (829,018) |
| Land | 302,446 | 294,189 |
| Developments | 1,341,029 | 1,169,571 |
| Net investment in real estate | 7,047,476 | 6,729,791 |
| Investments in unconsolidated ventures | 169,566 | 182,799 |
| Cash and cash equivalents | 596,083 | 629,714 |
| Restricted cash | 402,420 | 379,498 |
| Accounts receivable, net | 105,185 | 101,373 |
| Municipal Utility District (MUD) receivables, net | 463,799 | 550,884 |
| Deferred expenses, net | 139,350 | 138,182 |
| Operating lease right-of-use assets | 5,806 | 5,463 |
| Other assets, net | 281,551 | 244,027 |
| Assets of discontinued operations | — | 615,272 |
| Total assets | $9,211,236 | $9,577,003 |
| LIABILITIES | ||
| Mortgages, notes, and loans payable, net | $5,127,469 | $5,146,992 |
| Operating lease obligations | 5,456 | 5,362 |
| Deferred tax liabilities, net | 142,100 | 84,293 |
| Accounts payable and other liabilities | 1,094,437 | 1,054,267 |
| Liabilities of discontinued operations | — | 227,165 |
| Total liabilities | 6,369,462 | 6,518,079 |
| Commitments and Contingencies (see Note 11) | ||
| 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, 56,610,009 issued, and 50,116,150 outstanding as of December 31, 2024, and 56,495,791 shares issued, and 50,038,014 outstanding as of December 31, 2023 | 566 | 565 |
| Additional paid-in capital | 3,576,274 | 3,988,496 |
| Retained earnings (accumulated deficit) | (185,993) | (383,696) |
| Accumulated other comprehensive income (loss) | 1,968 | 1,272 |
| Treasury stock, at cost, 6,493,859 shares as of December 31, 2024, and 6,457,777 shares as of December 31, 2023 | (616,589) | (613,766) |
| Total stockholders' equity | 2,776,226 | 2,992,871 |
| Noncontrolling interests | 65,548 | 66,053 |
| Total equity | 2,841,774 | 3,058,924 |
| Total liabilities and equity | $9,211,236 | $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.