BRT Apartments Corp. (BRT) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
60 CUTTER MILL RD GREAT NECK, NY 11021-3190 |
| State of Incorp. | NY |
| 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)
| 12/31/2025 | 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 | 27,856 | 23,512 | 20,281 | 32,339 | 19,885 | 22,699 | |||
| Cash and cash equivalent | 27,856 | 23,512 | 20,281 | 32,339 | 19,885 | 22,699 | |||
| Total current assets: | 27,856 | 23,512 | 20,281 | 32,339 | 19,885 | 22,699 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 2,003 | 2,183 | 2,371 | 2,568 | 2,652 | ||||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 74,246 | 74,246 | 74,246 | 38,822 | 25,585 | 29,227 | |||
| Long-term investments and receivables | 31,344 | 34,242 | 42,576 | 112,347 | |||||
| Long-term investments | 31,344 | 34,242 | 42,576 | 112,347 | |||||
| Total noncurrent assets: | 107,593 | 110,671 | 119,193 | 153,737 | 28,237 | 29,227 | |||
| Other undisclosed assets | 578,014 | 575,780 | 592,644 | 273,462 | 317,619 | 338,684 | |||
| TOTAL ASSETS: | 713,463 | 709,963 | 732,118 | 459,538 | 365,741 | 390,610 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Noncurrent Liabilities | |||||||||
| Other undisclosed liabilities | 508,549 | 481,518 | 482,048 | 256,587 | 188,053 | 191,050 | |||
| Total liabilities: | 508,549 | 481,518 | 482,048 | 256,587 | 188,053 | 191,050 | |||
| Equity | |||||||||
| Equity, attributable to parent | 204,969 | 228,460 | 250,088 | 202,956 | 177,772 | 199,653 | |||
| Common stock | 179 | 175 | 180 | 173 | 164 | 156 | |||
| Additional paid in capital | 272,275 | 267,271 | 273,863 | 258,161 | 245,605 | 232,331 | |||
| Accumulated other comprehensive loss | (19) | (10) | |||||||
| Accumulated deficit | (67,485) | (38,986) | (23,955) | (55,378) | (67,978) | (32,824) | |||
| Equity, attributable to noncontrolling interest | (55) | (15) | (18) | (5) | (84) | (93) | |||
| Total equity: | 204,914 | 228,445 | 250,070 | 202,951 | 177,688 | 199,560 | |||
| TOTAL LIABILITIES AND EQUITY: | 713,463 | 709,963 | 732,118 | 459,538 | 365,741 | 390,610 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 95,630 | 93,617 | 70,527 | 32,057 | 28,102 | 27,761 | ||
| Operating lease, lease income | 94,773 | 93,069 | 70,515 | 32,041 | 27,451 | |||
| Cost of revenue | (66,421) | (64,775) | (46,922) | (20,959) | (19,477) | (20,128) | ||
| Cost of product and service sold | (43,555) | (41,821) | (30,558) | (14,202) | (3,642) | |||
| Financing interest expense | (22,596) | (22,161) | (15,514) | (6,757) | (7,100) | (7,796) | ||
| Gross profit: | 29,209 | 28,842 | 23,605 | 11,098 | 8,625 | 7,633 | ||
| Operating expenses | (41,521) | (43,124) | (38,616) | (21,166) | (22,085) | (16,007) | ||
| Operating loss: | (12,312) | (14,282) | (15,011) | (10,068) | (13,460) | (8,374) | ||
| Nonoperating income (Investment Income, Nonoperating) | 14,744 | 64,531 | 34,982 | 9,932 | ||||
| Interest and debt expense | (563) | (1,575) | (280) | (1,387) | ||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (12,312) | 462 | 48,957 | 23,339 | (13,740) | 171 | ||
| Income (loss) from equity method investments | 1,644 | 2,293 | 1,895 | (4,208) | (6,024) | (8,826) | ||
| Income (loss) from continuing operations before income taxes: | (10,668) | 2,755 | 50,852 | 19,131 | (19,764) | (8,655) | ||
| Income tax expense (benefit) | 226 | (54) | (821) | (206) | (248) | (270) | ||
| Other undisclosed income from continuing operations | 806 | 1,314 | 68 | 10,325 | 280 | 10,618 | ||
| Income (loss) from continuing operations: | (9,636) | 4,015 | 50,099 | 29,250 | (19,732) | 1,693 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 29,250 | (19,732) | 1,693 | |
| Net income (loss): | (9,636) | 4,015 | 50,099 | 29,250 | (19,732) | 1,693 | ||
| Net loss attributable to noncontrolling interest | (155) | (142) | (144) | (136) | (130) | (837) | ||
| Net income (loss) attributable to parent: | (9,791) | 3,873 | 49,955 | 29,114 | (19,862) | 856 | ||
| Undistributed earnings (loss) allocated to participating securities, basic | 493 | (953) | (2,472) | (1,412) | ||||
| Net income (loss) available to common stockholders, diluted: | (9,298) | 2,920 | 47,483 | 27,702 | (19,862) | 856 | ||
Comprehensive Income ($ in thousands)
| 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (9,636) | 4,015 | 50,099 | 29,250 | (19,732) | 1,693 | ||
| Other comprehensive income (loss) | 22 | (12) | (23) | |||||
| Comprehensive income (loss): | (9,636) | 4,015 | 50,099 | 29,272 | (19,744) | 1,670 | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (155) | (142) | (144) | (140) | (128) | (833) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (9,791) | 3,873 | 49,955 | 29,132 | (19,872) | 837 | ||
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.