Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheet

v3.21.2
Consolidated Balance Sheet - USD ($)
$ in Thousands
Jun. 30, 2021
Jan. 30, 2021
Investment properties:    
Land and improvements $ 692,682 $ 716,504
Building and other improvements 984,129 999,983
Gross investment properties 1,676,811 1,716,487
Less: accumulated depreciation (13,652) 0
Net investment properties 1,663,159 1,716,487
Cash and cash equivalents 33,157 25,563
Accounts receivable 26,256 0
Lease intangible assets, net 301,532 314,264
Right-of-use lease assets 101,662 110,691
Assets associated with investment properties held for sale 53,744 0
Other assets, net 3,232 0
Total assets 2,182,742 2,167,005
Liabilities:    
Accounts payable and accrued expenses 1,286 8,651
Lease intangible liabilities, net 157,683 168,159
Lease liabilities 37,506 38,075
Liabilities associated with investment properties held for sale 7,766 0
Other liabilities 8,013 0
Total liabilities 212,254 214,885
Commitments and contingencies (Note 5)
Equity:    
Trust certificates, no par value, 75,000,000 certificates authorized, 75,000,000 certificates issued and outstanding, as of June 30, 2021 and Effective Date 0 0
Additional paid-in capital 1,952,120 1,952,120
Retained earnings 18,368 0
Total equity 1,970,488 1,952,120
Total liabilities and equity $ 2,182,742 $ 2,167,005