WSR · As filed with the SEC
Whitestone REIT balance sheet, by fiscal year
The statement as Whitestone REIT 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 Balance Sheets · USD thousands
| USD thousands | FY2025 Dec 31, 2025 | FY2024 Dec 31, 2024 | FY2023 Dec 31, 2023 | FY2022 Dec 31, 2022 | FY2021 Dec 31, 2021 | FY2020 Dec 31, 2020 | FY2019 Dec 31, 2019 | FY2018 Dec 31, 2018 |
|---|---|---|---|---|---|---|---|---|
| Property | 1,354,112 | 1,248,223 | 1,221,466 | 1,199,041 | 1,196,919 | 1,106,426 | 1,099,955 | 1,052,238 |
| Accumulated depreciation | (264,940) | (246,534) | (229,767) | (208,286) | (190,333) | (163,712) | (137,933) | (113,300) |
| Total real estate assets | 1,089,172 | 1,001,689 | 991,699 | 990,755 | 1,006,586 | 942,714 | 962,022 | 938,938 |
| Investment in real estate partnership | — | 0 | 31,671 | 34,826 | 34,588 | 33,979 | 34,097 | 26,236 |
| Cash and cash equivalents | 4,888 | 5,224 | 4,572 | 6,166 | 15,721 | 25,777 | 15,530 | 13,658 |
| Restricted cash | 2,472 | 10,146 | 68 | 189 | 193 | 179 | 113 | 128 |
| Marketable securities | — | — | — | — | — | — | — | 0 |
| Escrows and deposits | 5,170 | 4,006 | 24,148 | 12,827 | 11,323 | 9,274 | 8,388 | 8,211 |
| Accrued rents and accounts receivable, net of allowance for doubtful accounts | 37,447 | 33,820 | 30,592 | 25,570 | 22,395 | 23,009 | 22,854 | 21,642 |
| Receivable due from related party | — | — | — | — | — | — | — | 394 |
| Receivable due from related party | — | — | — | 1,377 | 847 | 335 | 477 | — |
| Financed receivable due from related party | — | — | — | — | — | — | 0 | 5,661 |
| Unamortized lease commissions, legal fees and loan costs | — | — | — | — | 8,442 | 7,686 | 8,960 | 6,698 |
| Related Parties | — | — | 1,513 | — | — | — | — | — |
| Partnership Redemption [Member ] | 0 | 31,643 | — | — | — | — | — | — |
| Related Party | 0 | 15,186 | — | — | — | — | — | — |
| Unamortized lease commissions, legal fees and loan costs | 17,865 | 14,693 | 13,783 | 12,697 | — | — | — | — |
| Prepaid expenses and other assets(1) | 3,934 | 7,805 | 4,765 | 7,838 | 1,995 | 2,049 | 3,819 | 7,306 |
| Finance lease right-of-use assets | 10,315 | 10,427 | 10,428 | 10,522 | — | — | — | — |
| Total assets | 1,171,263 | 1,134,639 | 1,113,239 | 1,102,767 | 1,102,090 | 1,045,002 | 1,056,260 | 1,028,872 |
| Liabilities: | ||||||||
| Notes payable | 643,925 | 631,518 | 640,172 | 625,427 | 642,842 | 644,185 | 644,699 | 618,205 |
| Accounts payable and accrued expenses(2) | 45,715 | 40,703 | 36,513 | 36,154 | 45,777 | 50,918 | 39,336 | 33,729 |
| Payable due to related party | — | — | — | 1,561 | 997 | 125 | 307 | 58 |
| Related Parties | 0 | 1,577 | 1,577 | — | — | — | — | — |
| Tenants' security deposits | 9,652 | 9,295 | 8,614 | 8,428 | 8,070 | 6,916 | 6,617 | 6,130 |
| Dividends and distributions payable | 7,370 | 6,931 | 6,025 | 6,008 | 5,366 | 4,532 | 12,203 | 11,600 |
| Finance lease liabilities | 741 | 781 | 721 | 735 | — | — | — | — |
| Total liabilities | 707,403 | 690,805 | 693,622 | 678,313 | 703,052 | 706,676 | 703,162 | 669,722 |
| Commitments and contingencies: | — | — | — | 0 | 0 | 0 | 0 | 0 |
| Preferred shares, $0.001 par value per share; 50,000,000 shares authorized; none issued and outstanding as of December 31, 2021 and December 31, 2020 | — | — | — | — | 0 | 0 | 0 | 0 |
| Equity: | ||||||||
| Preferred shares, $0.001 par value per share; 50,000,000 shares authorized; none issued and outstanding as of December 31, 2025 and December 31, 2024 | 0 | 0 | 0 | 0 | — | — | — | — |
| Common shares, $0.001 par value per share; 400,000,000 shares authorized; 51,088,833 and 50,690,163 issued and outstanding as of December 31, 2025 and December 31, 2024, respectively | 51 | 51 | 50 | 49 | 48 | 42 | 41 | 39 |
| Additional paid-in capital | — | — | — | — | 623,462 | 562,250 | 554,816 | 527,662 |
| Accumulated deficit | — | — | — | — | (223,973) | (215,809) | (204,049) | (181,361) |
| Accumulated other comprehensive loss | — | — | — | — | (6,754) | (14,400) | (5,491) | 4,116 |
| Additional paid-in capital | 641,234 | 637,946 | 628,079 | 624,785 | — | — | — | — |
| Accumulated deficit | (183,586) | (205,557) | (216,963) | (212,366) | — | — | — | — |
| Accumulated other comprehensive income | 391 | 5,713 | 2,576 | 5,980 | — | — | — | — |
| Total Whitestone REIT shareholders' equity | 458,090 | 438,153 | 413,742 | 418,448 | 392,783 | 332,083 | 345,317 | 350,456 |
| Noncontrolling interest in subsidiary | 5,770 | 5,681 | 5,875 | 6,006 | 6,255 | 6,243 | 7,781 | 8,694 |
| Total equity | 463,860 | 443,834 | 419,617 | 424,454 | 399,038 | 338,326 | 353,098 | 359,150 |
| Total liabilities and equity | 1,171,263 | 1,134,639 | 1,113,239 | 1,102,767 | 1,102,090 | 1,045,002 | 1,056,260 | 1,028,872 |
| (1) Operating lease right of use assets (net) | 539 | 59 | 109 | — | 222 | 592 | 1,328 | — |
| Prepaid Expenses and Other Current Assets | — | — | — | 124 | — | — | — | — |
| (2) Operating lease liabilities | 539 | 58 | 112 | 129 | 231 | 603 | 1,331 | — |
| Accounts Payable and Accrued Liabilities | — | — | — | 129 | — | — | — | — |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.