NewLake Capital Partners, Inc.
For the period ended Jun 30, 2025. Filed Aug 7, 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.
Jun 30, 2025 · Filed Aug 7, 2025
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Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Equity
(In thousands, except share amounts)
| Three Months Ended June 30, 2025 | ||||||
|---|---|---|---|---|---|---|
| Common Stock | ||||||
| Shares | Par | Additional Paid-in Capital | Accumulated Deficit | Noncontrolling Interest | Total Equity | |
| Balance as of March 31, 2025 | 20,538,785 | $205 | $446,709 | $(52,677) | $6,861 | $401,098 |
| Conversion of Vested RSUs to Common Stock | 13,146 | — | — | — | — | — |
| Stock-Based Compensation | 701 | — | 47 | — | — | 47 |
| Dividends to Common Stock | — | — | — | (8,838) | — | (8,838) |
| Dividends on Restricted Stock Units | — | — | — | (69) | — | (69) |
| Distributions to LPI Unitholders | — | — | — | — | (154) | (154) |
| Adjustment for Noncontrolling Interest Ownership in Operating Partnership | — | — | 3 | — | (3) | — |
| Net Income | — | — | — | 7,319 | 126 | 7,445 |
| Balance as of June 30, 2025 | 20,552,632 | $205 | $446,759 | $(54,265) | $6,830 | $399,529 |
| Three Months Ended June 30, 2024 | ||||||
|---|---|---|---|---|---|---|
| Common Stock | ||||||
| Shares | Par | Additional Paid-in Capital | Accumulated Deficit | Noncontrolling Interest | Total Equity | |
| Balance as of March 31, 2024 | 20,509,883 | $205 | $445,590 | $(42,479) | $7,347 | $410,663 |
| Stock-Based Compensation | — | — | 424 | — | — | 424 |
| Dividends to Common Stock | — | — | — | (8,819) | — | (8,819) |
| Dividends on Restricted Stock Units | — | — | — | (79) | — | (79) |
| Distributions to LPI Unitholders | — | — | — | — | (161) | (161) |
| Adjustment for Noncontrolling Interest Ownership in Operating Partnership | — | — | (8) | — | 8 | — |
| Net Income | — | — | — | 6,796 | 122 | 6,918 |
| Balance as of June 30, 2024 | 20,509,883 | $205 | $446,006 | $(44,581) | $7,316 | $408,946 |
CONSOLIDATED STATEMENTS OF EQUITY
(In thousands, except share amounts)
| Six Months Ended June 30, 2025 | ||||||
|---|---|---|---|---|---|---|
| Common Stock | ||||||
| Shares | Par | Additional Paid-in Capital | Accumulated Deficit | Noncontrolling Interest | Total Equity | |
| Balance as of December 31, 2024 | 20,514,583 | $205 | $446,627 | $(50,067) | $7,207 | $403,972 |
| Conversion of Vested RSUs to Common Stock | 23,062 | — | — | — | — | — |
| Conversion of Issued PSUs to Common Stock | 13,537 | — | — | — | — | — |
| Cash Redemption of LPI Units | — | — | (253) | — | — | (253) |
| Cash Paid for Taxes in Lieu of Issuance of Common Stock | — | — | (352) | — | — | (352) |
| Stock-Based Compensation | 1,450 | — | 434 | — | — | 434 |
| Dividends to Common Stock | — | — | — | (17,669) | — | (17,669) |
| Dividends on Restricted Stock Units | — | — | — | (144) | — | (144) |
| Distributions to LPI Unitholders | — | — | — | — | (308) | (308) |
| Adjustment for Noncontrolling Interest Ownership in Operating Partnership | — | — | 303 | — | (303) | — |
| Net Income | — | — | — | 13,615 | 234 | 13,849 |
| Balance as of June 30, 2025 | 20,552,632 | $205 | $446,759 | $(54,265) | $6,830 | $399,529 |
| Six Months Ended June 30, 2024 | ||||||
|---|---|---|---|---|---|---|
| Common Stock | ||||||
| Shares | Par | Additional Paid-in Capital | Accumulated Deficit | Noncontrolling Interest | Total Equity | |
| Balance as of December 31, 2023 | 20,503,520 | $205 | $445,289 | $(40,909) | $7,372 | $411,957 |
| Conversion of Vested RSUs to Common Stock | 6,363 | — | — | — | — | — |
| Cash Paid for Taxes in Lieu of Issuance of Common Stock | — | — | (46) | — | — | (46) |
| Stock-Based Compensation | — | — | 774 | — | — | 774 |
| Dividends to Common Stock | — | — | — | (17,228) | — | (17,228) |
| Dividends on Restricted Stock Units | — | — | — | (109) | — | (109) |
| Distributions to LPI Unitholders | — | — | — | — | (314) | (314) |
| Adjustment for Noncontrolling Interest Ownership in Operating Partnership | — | — | (11) | — | 11 | — |
| Net Income | — | — | — | 13,665 | 247 | 13,912 |
| Balance as of June 30, 2024 | 20,509,883 | $205 | $446,006 | $(44,581) | $7,316 | $408,946 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.