MHPC · As filed with the SEC

Manufactured Housing Properties balance sheet, by quarter

The statement as Manufactured Housing Properties presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.

Condensed Consolidated Balance Sheets · USD

USD	Q3 2023 Sep 30, 2023	Q2 2023 Jun 30, 2023	Q1 2023 Mar 31, 2023	Q4 2022 Dec 31, 2022
Investment Property
Land	37,403,653	37,403,653	36,399,696	30,263,687
Site and Land Improvements	49,470,418	49,267,021	45,346,146	44,035,649
Buildings and Improvements	31,546,780	31,005,616	25,321,424	23,229,657
Construction in Process	2,395,765	1,726,093	1,692,050	2,541,376
Total Investment Property	120,816,616	119,402,383	108,759,316	100,070,369
Accumulated Depreciation	(11,564,934)	(10,416,912)	(9,245,738)	(8,225,976)
Net Investment Property	109,251,682	108,985,471	99,513,578	91,844,393
Cash and Cash Equivalents	1,966,633	1,745,129	5,710,926	5,090,369
Restricted Cash	5,238,797	5,374,687	5,222,057	5,315,246
Accounts Receivable	342,573	326,109	225,894	368,081
Other Assets (Net of Amortization)	1,333,796	1,377,189	788,927	975,064
TOTAL ASSETS	118,133,481	117,808,585	111,461,382	103,593,153
Liabilities
Accounts Payable	990,981	732,614	780,511	755,124
Notes Payable, net of $3,656,874 and $3,666,214 debt discount, respectively	86,947,646	86,758,070	80,942,053	75,883,866
Lines of Credit - Variable Interest Entities, net of $201,844 and $160,372 debt discount, respectively	7,344,733	7,498,868	7,624,918	6,208,947
Lines of Credit – Related Party	2,000,000	2,000,000	2,000,000	2,000,000
Accrued Liabilities including amounts due to related parties of $1,382,500 and $1,154,166, respectively	3,189,993	2,825,777	2,053,265	2,054,438
Tenant Security and Home Sale Deposits	1,059,403	957,714	892,726	879,676
Series C Redeemable Preferred Stock, par value $0.01 per share; 47,000 shares authorized; 26,929 and 21,584 shares issued and outstanding and redemption value $26,928,919 and $21,584,002 as of September 30, 2023 and December 31, 2022, respectively	25,443,409	25,488,375	23,812,360	20,177,187
Total Liabilities	126,976,165	126,261,418	118,105,833	107,959,238
Series A Cumulative Redeemable Convertible Preferred Stock, par value $0.01 per share; 4,000,000 shares authorized; 1,826,000 shares issued and outstanding and redemption value $6,847,500 as of September 30, 2023 and December 31, 2022	6,450,197	6,336,166	6,222,041	6,107,916
Series B Cumulative Redeemable Preferred Stock, par value $0.01 per share; 1,000,000 shares authorized; 747,951 shares issued and outstanding and redemption value $11,219,265 as of September 30, 2023 and December 31, 2022	9,667,030	9,485,426	9,303,822	9,122,218
Series D Cumulative Redeemable Preferred Stock, par value $0.01 per share; 75,000 shares authorized; 3,143 and 0 shares issued and outstanding and redemption value $3,146,831 and $0 as of September 30, 2023 and December 31, 2022, respectively	2,846,060	654,666	—	—
Deficit
Common Stock, par value $0.01 per share; 200,000,000 shares authorized; 12,493,012 shares are issued and outstanding as of September 30, 2023 and December 31, 2022	124,930	124,930	124,930	124,930
Additional Paid in Capital	—	—	—	(5,428,984)
Additional Paid in Capital	(6,848,712)	(6,277,812)	(5,856,037)	—
Accumulated Deficit	(18,555,748)	(16,499,783)	(14,456,564)	(12,521,376)
Total Manufactured Housing Properties Inc. Deficit	(25,279,530)	(22,652,665)	(20,187,671)	(17,825,430)
Non-controlling interest in Variable Interest Entities	(2,526,441)	(2,276,426)	(1,982,643)	(1,770,789)
Total Deficit	(27,805,971)	(24,929,091)	(22,170,314)	(19,596,219)
TOTAL LIABILITIES AND DEFICIT	118,133,481	117,808,585	111,461,382	103,593,153

As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.