v3.25.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Real estate:    
Investment properties $ 303,858 $ 368,165
Less accumulated depreciation (131,698) (166,489)
Real estate, net 172,160 201,676
Cash and cash equivalents 23,092 6,518
Restricted cash 7,532 9,390
Receivables, net 5,655 6,357
Deferred costs and other assets, net 8,492 9,141
TOTAL ASSETS 216,931 233,082
LIABILITIES AND EQUITY    
Loans payable, net 142,961 140,494
Accounts payable, accrued expenses, and other liabilities 7,003 8,382
Due to Wheeler Real Estate Investment Trust, Inc. $ 9,491 $ 8,094
Due to Wheeler Real Estate Investment Trust, Inc. [Extensible Enumeration] Related Party Related Party
Below market lease intangibles, net $ 1,265 $ 2,655
Total liabilities 160,720 159,625
Commitments and contingencies (Note 10)
Equity:    
Preferred stock 139,794 159,541
Common stock ($0.06 par value, 150,000,000 shares authorized, 13,718,169 shares, issued and outstanding) 823 823
Additional paid-in capital 868,945 868,323
Cumulative distributions in excess of net income (953,351) (955,230)
Total equity 56,211 73,457
TOTAL LIABILITIES AND EQUITY 216,931 233,082
Land    
Real estate:    
Investment properties 56,897 69,085
Buildings and improvements    
Real estate:    
Investment properties $ 246,961 $ 299,080

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