GTJ REIT, INC. Financial Statements (2025 and earlier)
Company Profile
| Business Address |
1399 FRANKLIN AVENUE GARDEN CITY, NY 11530 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6798 - Real Estate Investment Trusts (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2025 MRQ | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 29,380 | 27,913 | 59,504 | 27,623 | 42,255 | 26,853 | |||
| Cash and cash equivalent | 29,380 | 27,913 | 59,504 | 27,623 | 42,255 | 26,853 | |||
| Total current assets: | 29,380 | 27,913 | 59,504 | 27,623 | 42,255 | 26,853 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 2,285 | 2,555 | 2,816 | 3,042 | |||||
| Property, plant and equipment | 230,457 | 223,308 | 197,745 | 206,777 | 197,745 | 197,745 | |||
| Long-term investments and receivables | 3,699 | 3,753 | 3,814 | 3,761 | 3,928 | 4,096 | |||
| Long-term investments | 3,699 | 3,753 | 3,814 | 3,761 | 3,928 | 4,096 | |||
| Intangible assets, net (including goodwill) | 5,707 | 5,836 | 4,726 | 6,138 | 7,873 | 9,713 | |||
| Intangible assets, net (excluding goodwill) | 5,707 | 5,836 | 4,726 | 6,138 | 7,873 | 9,713 | |||
| Regulated entity, other noncurrent assets | 11,650 | 9,764 | 10,513 | 3,690 | 4,618 | 5,294 | |||
| Total noncurrent assets: | 253,798 | 245,216 | 219,614 | 223,408 | 214,164 | 216,848 | |||
| Other undisclosed assets | 249,621 | 234,108 | 241,999 | 253,366 | 255,674 | 261,108 | |||
| TOTAL ASSETS: | 532,799 | 507,237 | 521,117 | 504,397 | 512,093 | 504,809 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Noncurrent Liabilities | |||||||||
| Other undisclosed liabilities | 511,234 | 475,623 | 454,966 | 428,193 | 427,796 | 419,160 | |||
| Total liabilities: | 511,234 | 475,623 | 454,966 | 428,193 | 427,796 | 419,160 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 16,594 | 24,888 | 34,731 | 42,296 | 49,964 | 50,420 | |||
| Common stock | 1 | 1 | 1 | 1 | 1 | 1 | |||
| Additional paid in capital | 131,857 | 132,217 | 141,812 | 155,192 | 161,092 | 160,308 | |||
| Other undisclosed equity, attributable to parent | (115,264) | (107,330) | (107,082) | (112,897) | (111,129) | (109,889) | |||
| Equity, attributable to noncontrolling interest | 4,971 | 6,726 | 31,420 | 33,908 | 34,333 | 35,229 | |||
| Total equity: | 21,565 | 31,614 | 66,151 | 76,204 | 84,297 | 85,649 | |||
| TOTAL LIABILITIES AND EQUITY: | 532,799 | 507,237 | 521,117 | 504,397 | 512,093 | 504,809 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 78,750 | 75,273 | 65,534 | 62,181 | 58,355 | 56,553 | ||
| Operating lease, lease income | 78,750 | 75,273 | 65,534 | 62,181 | ||||
| Gross profit: | 78,750 | 75,273 | 65,534 | 62,181 | 58,355 | 56,553 | ||
| Operating expenses | (45,792) | (41,078) | (40,394) | (35,621) | (32,932) | (32,637) | ||
| Other undisclosed operating income | 14,593 | |||||||
| Operating income: | 32,958 | 34,195 | 39,733 | 26,560 | 25,423 | 23,916 | ||
| Nonoperating income (Other Nonoperating income) | 1,980 | 1,450 | 1,559 | 40 | 25 | 426 | ||
| Interest and debt expense | (24,570) | (19,453) | (17,125) | (17,313) | (17,829) | |||
| Income from continuing operations before equity method investments, income taxes: | 34,938 | 11,075 | 21,839 | 9,475 | 8,135 | 6,513 | ||
| Income from equity method investments | 221 | 189 | 153 | 132 | 132 | 166 | ||
| Income from continuing operations: | 35,159 | 11,264 | 21,992 | 9,607 | 8,267 | 6,679 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 9,607 | 8,267 | 6,679 | |
| Other undisclosed net loss | (26,560) | |||||||
| Net income: | 8,599 | 11,264 | 21,992 | 9,607 | 8,267 | 6,679 | ||
| Net loss attributable to noncontrolling interest | (1,333) | (1,779) | (6,567) | (3,237) | (2,711) | (2,199) | ||
| Net income available to common stockholders, diluted: | 7,266 | 9,485 | 15,425 | 6,370 | 5,556 | 4,480 | ||
Comprehensive Income ($ in thousands)
| 3/31/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 8,599 | 11,264 | 21,992 | 9,607 | 8,267 | 6,679 | ||
| Comprehensive income: | 8,599 | 11,264 | 21,992 | 9,607 | 8,267 | 6,679 | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (1,333) | (1,779) | (6,567) | (3,237) | (2,711) | (2,199) | ||
| Comprehensive income, net of tax, attributable to parent: | 7,266 | 9,485 | 15,425 | 6,370 | 5,556 | 4,480 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.