NewLake Capital Partners Inc
For the period ended Sep 30, 2024. Filed Nov 13, 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.
Sep 30, 2024 · Filed Nov 13, 2024
NLCPStored price and day change unavailable
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(In thousands, except share and per share amounts)
| September 30, 2024 | December 31, 2023 | |
|---|---|---|
| Assets: | ||
| Real Estate | ||
| Land | $21,717 | $21,397 |
| Building and Improvements | 408,548 | 390,911 |
| Total Real Estate | 430,265 | 412,308 |
| Less Accumulated Depreciation | (41,417) | (31,999) |
| Net Real Estate | 388,848 | 380,309 |
| Cash and Cash Equivalents | 19,833 | 25,843 |
| In-Place Lease Intangible Assets, net | 18,290 | 19,779 |
| Loan Receivable, net (Current Expected Credit Loss of $128 and $167, respectively) | 4,872 | 4,833 |
| Other Assets | 2,736 | 2,528 |
| Total Assets | $434,579 | $433,292 |
| Liabilities and Equity: | ||
| Liabilities: | ||
| Accounts Payable and Accrued Expenses | $1,253 | $1,117 |
| Revolving Credit Facility | 7,600 | 1,000 |
| Loan Payable, net | — | 1,000 |
| Dividends and Distributions Payable | 9,009 | 8,385 |
| Security Deposits | 8,995 | 8,616 |
| Rent Received in Advance | 668 | 990 |
| Other Liabilities | 130 | 227 |
| Total Liabilities | 27,655 | 21,335 |
| Commitments and Contingencies | ||
| Equity: | ||
| Preferred Stock, $0.01 Par Value, 100,000,000 Shares Authorized, 0 Shares Issued and Outstanding, respectively | — | — |
| Common Stock, $0.01 Par Value, 400,000,000 Shares Authorized, 20,511,508 and 20,503,520 Shares Issued and Outstanding, respectively | 205 | 205 |
| Additional Paid-In Capital | 446,466 | 445,289 |
| Accumulated Deficit | (47,008) | (40,909) |
| Total Stockholders' Equity | 399,663 | 404,585 |
| Noncontrolling Interests | 7,261 | 7,372 |
| Total Equity | 406,924 | 411,957 |
| Total Liabilities and Equity | $434,579 | $433,292 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.