PKST · As filed with the SEC
Peakstone Realty Trust income statement, by fiscal year
The statement as Peakstone Realty Trust 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.
CONSOLIDATED STATEMENTS OF OPERATIONS · USD thousands, except per-share amounts
| USD thousands, except per-share amounts | FY2025 Year ended Dec 31, 2025 | FY2024 Year ended Dec 31, 2024 | FY2023 Year ended Dec 31, 2023 | FY2022 Year ended Dec 31, 2022 | FY2021 Year ended Dec 31, 2021 | FY2020 Year ended Dec 31, 2020 | FY2019 Year ended Dec 31, 2019 | FY2018 Year ended Dec 31, 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue: | ||||||||
| Rental income | 105,981 | 228,073 | 254,284 | 416,485 | 459,872 | 397,452 | 387,108 | 106,394 |
| Expenses: | ||||||||
| Property operating expense | — | — | — | 52,451 | 61,259 | 57,461 | 55,301 | 7,382 |
| Property operating expense | 6,006 | 26,059 | 29,090 | — | — | — | — | — |
| Property tax expense | 8,289 | 17,663 | 21,523 | 37,317 | 41,248 | 37,590 | 37,035 | 10,120 |
| Property management fees to non-affiliates | — | — | — | — | — | 3,656 | 3,528 | — |
| Property management fees | — | — | 1,813 | 3,496 | 4,066 | — | — | — |
| General and administrative expenses | 34,918 | 36,973 | 42,962 | 39,893 | 40,479 | 38,633 | 26,078 | 3,471 |
| Corporate operating expenses to affiliates | — | — | — | 1,349 | 2,520 | 2,500 | 2,745 | 3,011 |
| Impairment provision | — | — | — | — | — | 23,472 | 30,734 | — |
| Corporate operating expenses to related parties | 570 | 617 | 1,154 | — | — | 0 | 0 | 0 |
| Advisory fees to affiliates | — | — | — | — | — | — | — | 9,316 |
| Performance distribution allocation to affiliates | — | — | — | — | — | — | — | 7,783 |
| Acquisition fees and expenses to affiliates | — | — | — | — | — | — | — | 0 |
| Acquisition fees and expenses to non-affiliates | — | — | — | — | — | — | — | 1,938 |
| Property management fees to affiliates | — | — | — | — | — | 0 | 0 | 1,832 |
| Self-administration transaction expense | — | — | — | — | — | 0 | 0 | — |
| Real estate impairment provision | 18,195 | 53,313 | 409,512 | 127,577 | 4,242 | — | — | — |
| Depreciation and amortization | 52,182 | 94,982 | 112,204 | 190,745 | 209,638 | 161,056 | 153,425 | 44,665 |
| Total expenses | — | — | — | 452,828 | 363,452 | 324,368 | 308,846 | — |
| Total expenses | 120,160 | 229,607 | 618,258 | — | — | — | — | 89,518 |
| Loss before other income (expenses) | (14,179) | (1,534) | (363,974) | (36,343) | 96,420 | 73,084 | 78,262 | 16,876 |
| Other income (expenses): | ||||||||
| Interest expense | — | — | (65,623) | (84,816) | (85,087) | (79,646) | (73,557) | (20,375) |
| Other income, net | — | — | — | — | — | — | — | 212 |
| Management fee income from affiliates | — | — | — | — | 0 | 0 | 6,368 | — |
| Debt breakage costs | — | — | 0 | (13,249) | — | — | — | — |
| Other income (expense), net | — | — | 13,111 | (45) | 1,521 | 3,228 | 1,340 | — |
| Interest expense | (56,565) | (62,050) | — | — | — | — | — | — |
| Debt breakage costs | — | 0 | — | — | — | — | — | — |
| Loss from investment in unconsolidated entities | 0 | 0 | (176,767) | (9,993) | 8 | (6,523) | (5,307) | — |
| Other income, net | 7,351 | 14,482 | — | — | — | — | — | — |
| Gain from disposition of assets | 6,407 | 38,368 | 29,164 | (139,280) | (326) | 4,083 | 29,938 | — |
| (Loss) gain on extinguishment of debt | (2,482) | 10,466 | — | — | — | — | — | — |
| Goodwill impairment provision | 0 | (10,274) | (16,031) | (135,270) | — | — | — | — |
| Transaction expenses | — | (821) | (24,982) | (22,386) | (966) | — | — | — |
| Transaction expenses | (555) | — | — | — | — | — | — | — |
| Net loss from continuing operations | (60,023) | — | — | — | — | — | — | — |
| Discontinued Operations: | ||||||||
| (Loss) income from discontinued operations | (305,081) | — | — | — | — | — | — | — |
| Gain from disposition of assets | 32,471 | — | — | — | — | — | — | — |
| Net (loss) income from discontinued operations | (272,610) | — | — | — | — | — | — | — |
| Net loss | (332,633) | (11,363) | (605,102) | (441,382) | 11,570 | (5,774) | 37,044 | (3,287) |
| Net loss attributable to noncontrolling interests from continuing operations | 4,498 | — | — | — | — | — | — | — |
| Net loss (income) attributable to noncontrolling interests from discontinued operations | 20,428 | — | — | — | — | — | — | — |
| Net loss attributable to noncontrolling interests | 24,926 | 938 | 54,555 | 39,714 | (66) | 1,732 | (3,749) | 6 |
| Net income attributable to controlling interest | — | — | — | — | — | — | 25,107 | — |
| Distributions to redeemable noncontrolling interests attributable to common stockholders | — | — | — | — | — | — | (320) | — |
| Net income (loss) attributable to controlling interest | — | — | (557,892) | (411,731) | 1,806 | (12,750) | — | — |
| Net loss attributable to controlling interest | — | (10,425) | — | — | — | — | — | — |
| Distributions to redeemable preferred unit holders | 0 | 0 | (2,375) | (10,063) | (9,698) | (8,708) | (8,188) | — |
| Preferred units redemption | — | — | (4,970) | — | — | — | — | — |
| Preferred units redemption charge | 0 | 0 | — | — | — | — | — | — |
| Net loss attributable to controlling interest | (307,707) | — | — | — | — | — | — | — |
| Distributions to redeemable noncontrolling interests attributable to common stockholders | 0 | 0 | (36) | (178) | (177) | (208) | — | — |
| Net loss attributable to common shareholders | (307,707) | (10,425) | (557,928) | (411,909) | 1,629 | (12,958) | 24,787 | (3,281) |
| Net income attributable to common stockholders per share, basic and diluted (in usd per share) | — | — | — | — | — | (0.06) | 0.11 | (0.04) |
| Weighted average number of common shares outstanding, basic and diluted (shares) | — | — | — | — | — | 230,042,543 | 222,116,812 | 77,657,627 |
| Basis and diluted earnings per common share: | ||||||||
| Net loss per share from continuing operations, basic (in usd per share) | (1.52) | — | — | — | — | — | — | — |
| Net loss per share from continuing operations, diluted (in usd per share) | (1.52) | — | — | — | — | — | — | — |
| Net (loss) income per share from discontinued operations, basic (in usd per share) | (6.85) | — | — | — | — | — | — | — |
| Net (loss) income per share from discontinued operations, diluted (in usd per share) | (6.85) | — | — | — | — | — | — | — |
| Net loss per share attributable to common shareholders, basic (in usd per share) | (8.37) | (0.30) | (15.50) | (11.41) | 0.00 | — | — | — |
| Net loss per share attributable to common shareholders, diluted (in usd per share) | (8.37) | (0.30) | (15.50) | (11.41) | 0.00 | — | — | — |
| Weighted-average number of common shares outstanding, basic (in shares) | 36,798,234 | 36,375,053 | 35,988,231 | 36,057,825 | 309,250,873 | — | — | — |
| Weighted-average number of common shares outstanding, diluted (in shares) | 36,798,234 | 36,375,053 | 35,988,231 | 36,057,825 | 309,250,873 | — | — | — |
| Rental income | — | — | — | — | — | — | — | 87,789 |
| Property expense recovery | — | — | — | — | — | — | — | 18,605 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.