WSR · As filed with the SEC

Whitestone REIT income statement, by quarter

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 Statements of Operations and Comprehensive Income (Loss) (Unaudited) · USD thousands, except per-share amounts

USD thousands, except per-share amounts	Q1 2026 3 months ended Mar 31, 2026	Q4 2025^† 3 months ended Dec 31, 2025	Q3 2025 3 months ended Sep 30, 2025	Q2 2025 3 months ended Jun 30, 2025	Q1 2025 3 months ended Mar 31, 2025
Rental (1)	40,894	43,371^†	40,828	37,681	37,395
Other revenue	492	545^†	220	211	608
Total revenues	41,386	43,916^†	41,048	37,892	38,003
Depreciation and amortization	9,974	9,757^†	8,331	8,517	9,324
Operating and maintenance	7,360	9,694^†	7,944	7,175	7,012
Real estate taxes	5,127	4,762^†	5,331	3,965	4,252
General and administrative	6,010	5,535^†	5,319	4,921	5,443
Total operating expenses	28,471	29,748^†	26,925	24,578	26,031
Other expenses (income)
Interest expense	8,384	8,626^†	8,658	8,291	8,097
Extinguishment of debt cost	—	1^†	797	—	—
Loss on disposal of assets, net	215	(15,783)^†	(13,967)	(207)	0
Loss on disposal of assets, net	—	142^†	(56)	53	100
Interest, dividend and other investment income	(9)	2^†	(5)	(35)	(100)
Total other expenses	8,590	(9,087)^†	(4,573)	8,102	8,097
Income before equity investment in real estate partnership and income tax	—	23,255^†	18,696	5,212	3,875
Deficit in earnings of real estate partnership	—	0^†	0	0	0
Income before income tax	4,325	—	—	—	—
Provision for income tax	(132)	(130)^†	(131)	(94)	(127)
Net income	4,193	23,125^†	18,565	5,118	3,748
Less: Net income attributable to noncontrolling interests	51	287^†	232	64	47
Net income attributable to Whitestone REIT	4,142	22,838^†	18,333	5,054	3,701
Basic Earnings Per Share:
Net income attributable to common shareholders, excluding amounts attributable to unvested restricted shares (in dollars per share)	0.08	—	0.36	0.10	0.07
Diluted Earnings Per Share:
Net income attributable to common shareholders, excluding amounts attributable to unvested restricted shares (in dollars per share)	0.08	—	0.35	0.10	0.07
Weighted average number of common shares outstanding:
Basic (in shares)	51,388,000	—	51,018,000	50,897,000	50,890,000
Diluted (in shares)	52,775,000	—	52,079,000	51,914,000	52,010,000
Consolidated Statements of Comprehensive Income (Loss)
Net income	4,193	23,125^†	18,565	5,118	3,748
Other comprehensive income (loss)
Amount Recognized as Comprehensive income	2,432	922^†	(831)	(1,955)	(3,526)
Comprehensive income	6,625	24,047^†	17,734	3,163	222
Less: Net income attributable to noncontrolling interests	51	287^†	232	64	47
Less: Comprehensive gain (loss) attributable to noncontrolling interests	30	11^†	(10)	(25)	(44)
Comprehensive income attributable to Whitestone REIT	6,544	23,749^†	17,512	3,124	219
Rental revenues	29,132	29,894^†	28,479	27,850	27,205
Recoveries	12,252	13,575^†	12,404	10,236	10,509
Bad debt	(490)	(98)^†	(55)	(405)	(319)
Total rental	40,894	43,371^†	40,828	37,681	37,395

† Derived: worked out from the filings, not stated in them. A fourth quarter is the 10-K year less the nine months in the third-quarter 10-Q; a quarter of cash flows is year to date less the prior year to date.

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