INNOVATIVE INDUSTRIAL PROPERTIES INC
For the period ended Mar 31, 2025. Filed May 8, 2025.
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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, 2025 · Filed May 8, 2025
IIPR$55.06-0.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Stockholders’ Equity
(In thousands, except share amounts)
| Shares ofSeries APreferred Stock | Series APreferredStock | Shares ofCommonStock | CommonStock | AdditionalPaid-In-Capital | Dividends inExcess ofEarnings | TotalStockholders’Equity | |
|---|---|---|---|---|---|---|---|
| Balances at beginning of period | 1,002,673 | $23,632 | 28,331,833 | $28 | $2,124,113 | $(211,713) | $1,936,060 |
| Net income | — | — | — | — | — | 31,077 | 31,077 |
| Issuance of unvested restricted stock, net of forfeitures | — | — | 50,934 | — | (792) | — | (792) |
| Net proceeds from sale of preferred stock | 385,147 | 9,186 | — | — | — | — | 9,186 |
| Repurchase of common stock | — | — | (4,586) | — | (290) | — | (290) |
| Preferred stock dividends | — | — | — | — | — | (781) | (781) |
| Common stock dividends | — | — | — | — | — | (54,463) | (54,463) |
| Forfeiture of unvested restricted stock units | — | — | — | — | — | 89 | 89 |
| Stock-based compensation | — | — | — | — | 2,078 | — | 2,078 |
| Balances at end of period | 1,387,820 | $32,818 | 28,378,181 | $28 | $2,125,109 | $(235,791) | $1,922,164 |
| Shares ofSeries APreferred Stock | Series APreferredStock | Shares ofCommonStock | CommonStock | AdditionalPaid-In-Capital | Dividends inExcess ofEarnings | TotalStockholders’Equity | |
|---|---|---|---|---|---|---|---|
| Balances at beginning of period | 600,000 | $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 | 600,000 | $14,009 | 28,328,647 | $28 | $2,111,111 | $(169,721) | $1,955,427 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.