INNOVATIVE INDUSTRIAL PROPERTIES INC

For the period ended Mar 31, 2026. Filed May 5, 2026.

About 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, 2026 · Filed May 5, 2026

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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Contents

Consolidated Statements of Stockholders’ Equity

(In thousands, except share amounts)

Series A Preferred Stock · Common Stock · AdditionalPaid-In-Capital · Dividends inExcess ofEarnings · TotalStockholders’Equity
Shares · Amount · Shares · Amount
Balances at beginning of period	2,019,525	$47,780	28,022,975	$28		$2,113,184		$(312,988)		$1,848,004
Net income	—	—	—	—		—		32,809		32,809
Issuance of unvested restricted stock, net of forfeitures	—	—	95,257	—		(962)		—		(962)
Issuance of preferred stock, net of issuance costs	2,698,523	60,301	—	—		—		—		60,301
Issuance of common stock, net of issuance costs	—	—	178,655		—		9,281		—		9,281
Preferred stock dividends	—	—	—	—		—		(2,654)		(2,654)
Common stock dividends	—	—	—	—		—		(54,446)		(54,446)
Conversion of restricted stock units into common stock, net of forfeitures	—	—	17,633	—		(377)		—		(377)
Stock-based compensation	—	—	—	—		2,584		—		2,584
Balances at end of period	4,718,048	$108,081	28,314,520	$28		$2,123,710		$(337,279)		$1,894,540

Series A Preferred Stock · Common Stock · AdditionalPaid-In-Capital · Dividends inExcess ofEarnings · TotalStockholders’Equity
Shares · Amount · Shares · Amount
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)
Issuance of preferred stock, net of issuance costs	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

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.