Net Lease Office Properties (NLOP) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
C/O W. P. CAREY INC. NEW YORK, NY 10001 |
| State of Incorp. | MD |
| 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)
| 9/30/2024 MRQ | 12/31/2023 | |||
|---|---|---|---|---|
| ASSETS | ||||
| Current Assets | ||||
| Cash, cash equivalents, and short-term investments | 16,269 | |||
| Cash and cash equivalents | 16,269 | |||
| Total current assets: | 16,269 | |||
| Noncurrent Assets | ||||
| Intangible assets, net (including goodwill), including: | 166,083 | |||
| Intangible assets, net (excluding goodwill) | (245,396) | |||
| Other undisclosed intangible assets, net (including goodwill) | 411,479 | |||
| Total noncurrent assets: | 166,083 | |||
| Other undisclosed assets | 1,122,737 | |||
| TOTAL ASSETS: | 1,305,089 | |||
| LIABILITIES AND EQUITY | ||||
| Liabilities | ||||
| Current Liabilities | ||||
| Noncurrent Liabilities | ||||
| Liabilities, other than long-term debt | 10,450 | |||
| Deferred income tax liabilities | 10,450 | |||
| Total noncurrent liabilities: | 10,450 | |||
| Other undisclosed liabilities | 613,209 | |||
| Total liabilities: | 623,659 | |||
| Equity | ||||
| Equity, attributable to parent, including: | 677,009 | |||
| Common stock | 15 | |||
| Additional paid in capital | 855,554 | |||
| Accumulated other comprehensive loss | (35,600) | |||
| Other undisclosed equity, attributable to parent | (142,960) | |||
| Equity, attributable to noncontrolling interest | 4,421 | |||
| Total equity: | 681,430 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,305,089 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | ||
|---|---|---|---|
| Revenues | 174,965 | ||
| Operating lease, lease income | 166,034 | ||
| Cost of revenue | (37,844) | ||
| Gross profit: | 137,121 | ||
| Operating expenses | (222,653) | ||
| Other undisclosed operating loss | |||
| Operating loss: | (85,532) | ||
| Nonoperating expense | (45,765) | ||
| Interest and debt expense | (42,613) | ||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | |||
| Loss from continuing operations before equity method investments, income taxes: | (173,910) | ||
| Other undisclosed income from continuing operations before income taxes | 42,613 | ||
| Loss from continuing operations before income taxes: | (131,297) | ||
| Income tax expense | (425) | ||
| Other undisclosed loss from continuing operations | |||
| Net loss: | (131,722) | ||
| Net loss attributable to noncontrolling interest | (24) | ||
| Other undisclosed net loss attributable to parent | |||
| Net loss available to common stockholders, diluted: | (131,746) | ||
Comprehensive Income ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | ||
|---|---|---|---|
| Net loss: | (131,722) | ||
| Other comprehensive income | 6,864 | ||
| Other undisclosed comprehensive income | |||
| Comprehensive loss: | (124,858) | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (24) | ||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | |||
| Comprehensive loss, net of tax, attributable to parent: | (124,882) | ||
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.