Orion Office REIT Inc
For the period ended Jun 30, 2024. Filed Aug 8, 2024.
View on SEC.govAbout 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.
Jun 30, 2024 · Filed Aug 8, 2024
ONL$2.69+14.5%Stored close · as of Nov 6, 2026
Contents
Orion Office REIT Inc. Consolidated Balance Sheets as of June 30, 2024 and December 31, 2023
CONSOLIDATED BALANCE SHEETS
(In thousands, except for share and per share data) (Unaudited)
| June 30, 2024 | December 31, 2023 | |
|---|---|---|
| ASSETS | ||
| Real estate investments, at cost: | ||
| Land | $222,730 | $223,264 |
| Buildings, fixtures and improvements | 1,060,726 | 1,097,132 |
| Total real estate investments, at cost | 1,283,456 | 1,320,396 |
| Less: accumulated depreciation | 172,476 | 158,791 |
| Total real estate investments, net | 1,110,980 | 1,161,605 |
| Accounts receivable, net | 23,122 | 24,663 |
| Intangible lease assets, net | 97,977 | 126,364 |
| Cash and cash equivalents | 24,224 | 22,473 |
| Other assets, net | 83,550 | 88,828 |
| Total assets | $1,339,853 | $1,423,933 |
| LIABILITIES AND EQUITY | ||
| Mortgages payable, net | $353,200 | $352,856 |
| Credit facility revolver | 107,000 | 116,000 |
| Accounts payable and accrued expenses | 26,941 | 30,479 |
| Below-market lease liabilities, net | 5,536 | 8,074 |
| Distributions payable | 5,595 | 5,578 |
| Other liabilities, net | 24,090 | 23,943 |
| Total liabilities | 522,362 | 536,930 |
| Common stock, $0.001 par value, 100,000,000 shares authorized 55,947,802 and 55,783,548 shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively | 56 | 56 |
| Additional paid-in capital | 1,146,199 | 1,144,636 |
| Accumulated other comprehensive loss | (14) | (264) |
| Accumulated deficit | (330,136) | (258,805) |
| Total stockholders’ equity | 816,105 | 885,623 |
| Non-controlling interest | 1,386 | 1,380 |
| Total equity | 817,491 | 887,003 |
| Total liabilities and equity | $1,339,853 | $1,423,933 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.