v3.24.1.u1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2024
Dec. 31, 2023
Real estate:    
Investment properties $ 328,401,000 $ 368,165,000
Less accumulated depreciation (138,044,000) (166,489,000)
Real estate, net 190,357,000 201,676,000
Real estate held for sale 13,890,000 0
Cash and cash equivalents 5,334,000 6,518,000
Restricted cash 9,792,000 9,390,000
Receivables, net 5,642,000 6,357,000
Deferred costs and other assets, net 8,607,000 9,141,000
TOTAL ASSETS 233,622,000 233,082,000
LIABILITIES AND EQUITY    
Loans payable, net 141,590,000 140,494,000
Loans payable, net - real estate held for sale 993,000 0
Accounts payable, accrued expenses, and other liabilities 8,921,000 8,382,000
Due to Wheeler Real Estate Investment Trust, Inc. $ 8,446,000 $ 8,094,000
Due to Wheeler Real Estate Investment Trust, Inc. [Extensible Enumeration] Related Party Related Party
Below market lease intangibles, net $ 2,580,000 $ 2,655,000
Total liabilities 162,530,000 159,625,000
Commitments and contingencies (Note 6)
Equity:    
Preferred stock 159,541,000 159,541,000
Common stock ($0.06 par value, 150,000,000 shares authorized, 13,718,000 shares, issued and outstanding) 823,000 823,000
Additional paid-in capital 868,323,000 868,323,000
Cumulative distributions in excess of net income (957,595,000) (955,230,000)
Total equity 71,092,000 73,457,000
TOTAL LIABILITIES AND EQUITY 233,622,000 233,082,000
Land    
Real estate:    
Investment properties 61,507,000 69,085,000
Buildings and improvements    
Real estate:    
Investment properties $ 266,894,000 $ 299,080,000

Source

HTML PDF
ZIP