Rexford Industrial Realty, Inc. (REXR) financial statements (2022 and earlier)
Company profile
| Business Address |
11620 WILSHIRE BOULEVARD, SUITE 1000 LOS ANGELES, CA 90025 |
| State of Incorp. | MD |
| Fiscal Year End | December 31 |
| SIC | 6798 - Real Estate Investment Trusts (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 44 | 176 | 79 | 181 | 7 | 16 | 5 | ||
| Cash and cash equivalents | 44 | 176 | 79 | 181 | 7 | 16 | 5 | ||
| Restricted cash and investments | 1 | 0 | |||||||
| Total current assets: | 44 | 177 | 79 | 181 | 7 | 16 | 5 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 4 | 6 | 4 | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 4,143 | 2,637 | 1,927 | 1,299 | 998 | 684 | 493 | ||
| Long-term investments and receivables | 4 | ||||||||
| Long-term investments | 4 | ||||||||
| Intangible assets, net (including goodwill) | 137 | 97 | 78 | 61 | 54 | 42 | 36 | ||
| Intangible assets, net (excluding goodwill) | 137 | 97 | 78 | 61 | 54 | 42 | 36 | ||
| Disposal group, including discontinued operation, noncurrent assets | 0 | 0 | 1 | ||||||
| Total noncurrent assets: | 4,284 | 2,740 | 2,009 | 1,360 | 1,053 | 726 | 533 | ||
| Other undisclosed assets | 2,453 | 2,034 | 1,551 | 1,247 | 1,052 | 774 | 615 | ||
| TOTAL ASSETS: | 6,781 | 4,951 | 3,639 | 2,788 | 2,111 | 1,515 | 1,153 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 127 | 67 | 59 | 53 | 18 | 9 | 3 | ||
| Off-market lease, unfavorable | 127 | 67 | 59 | 53 | 18 | 9 | 3 | ||
| Total noncurrent liabilities: | 127 | 67 | 59 | 53 | 18 | 9 | 3 | ||
| Other undisclosed liabilities | 1,586 | 1,353 | 957 | 827 | 728 | 544 | 456 | ||
| Total liabilities: | 1,713 | 1,421 | 1,016 | 879 | 746 | 553 | 460 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | 4,785 | 3,245 | 2,556 | 1,876 | 1,340 | 939 | 672 | ||
| Preferred stock | 87 | ||||||||
| Common stock | 2 | 1 | 1 | 1 | 1 | 1 | 1 | ||
| Additional paid in capital | 4,828 | 3,183 | 2,439 | 1,798 | 1,240 | 908 | 723 | ||
| Accumulated other comprehensive income (loss) | (10) | (18) | (8) | 6 | 7 | 3 | (3) | ||
| Other undisclosed stockholders' equity attributable to parent | (35) | 79 | 124 | 71 | 93 | (59) | (48) | ||
| Stockholders' equity attributable to noncontrolling interest | 283 | 285 | 66 | 32 | 25 | 23 | 22 | ||
| Total stockholders' equity: | 5,068 | 3,531 | 2,622 | 1,908 | 1,365 | 962 | 694 | ||
| TOTAL LIABILITIES AND EQUITY: | 6,781 | 4,951 | 3,639 | 2,788 | 2,111 | 1,515 | 1,153 | ||
Income statement (P&L) ($ in millions)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 452 | 330 | 267 | 212 | 161 | 126 | 94 | |
| Revenue, net | ✕ | ✕ | ✕ | ✕ | 160 | 125 | 93 | |
| Operating lease, lease income | 452 | 329 | 264 | ✕ | ✕ | ✕ | ✕ | |
| Operating leases, income statement, lease revenue | ✕ | ✕ | ✕ | 178 | ✕ | ✕ | ✕ | |
| Cost of revenue (Cost of Goods and Services Sold) | (42) | (34) | (25) | |||||
| Gross profit: | 452 | 330 | 267 | 212 | 119 | 93 | 69 | |
| Operating expenses | (551) | (411) | (192) | (157) | (129) | (102) | (82) | |
| Other operating expense, net (Other Expenses) | (1) | (26) | (21) | (17) | (11) | |||
| Operating income (loss): | (100) | (81) | 75 | 30 | (30) | (27) | (24) | |
| Interest and debt expense | (41) | (31) | (27) | (25) | 0 | (15) | (0) | |
| Income (loss) from continuing operations before equity method investments, income taxes: | (140) | (112) | 48 | 4 | (30) | (41) | (24) | |
| Income from equity method investments | 0 | 1 | 0 | |||||
| Income (loss) from continuing operations before income taxes: | (140) | (112) | 48 | 4 | (30) | (40) | (24) | |
| Other undisclosed income from continuing operations | 66 | 26 | ||||||
| Income (loss) before gain (loss) on sale of properties: | (140) | (112) | 48 | 4 | (30) | 26 | 2 | |
| Other undisclosed net income | 277 | 193 | 16 | 43 | 72 | |||
| Net income: | 136 | 81 | 64 | 47 | 42 | 26 | 2 | |
| Net loss attributable to noncontrolling interest | (8) | (4) | (2) | (1) | (1) | (1) | (0) | |
| Net income attributable to parent: | 128 | 76 | 62 | 46 | 41 | 25 | 2 | |
| Preferred stock dividends and other adjustments | (16) | (15) | (11) | (10) | (6) | (2) | ||
| Undistributed earnings (loss) allocated to participating securities, basic | (1) | (1) | (0) | (0) | (0) | ✕ | ✕ | |
| Other undisclosed net loss available to common stockholders, basic | (0) | (0) | ||||||
| Net income available to common stockholders, diluted: | 112 | 61 | 50 | 36 | 34 | 23 | 2 | |
Comprehensive Income ($ in millions)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 136 | 81 | 64 | 47 | 42 | 26 | 2 | |
| Other comprehensive income (loss) | 8 | (11) | (14) | (1) | 3 | 7 | (2) | |
| Comprehensive income: | 145 | 70 | 50 | 47 | 45 | 33 | 0 | |
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (9) | (4) | (2) | (1) | (1) | (1) | (0) | |
| Comprehensive income, net of tax, attributable to parent: | 136 | 66 | 48 | 46 | 44 | 32 | 0 | |
Statements sources
The financial statements are based on the company's filings with the 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.