Centerspace (CSR)

Centerspace Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Property, Plant & Equipment	1,832	1,857	1,892	2,002	1,831	1,416
Total Real Estate Assets	1,832	1,857	1,892	2,002	1,831	1,416
Cash & Equivalents	11.92	12.03	8.63	10.46	31.27	0.39
Accounts Receivable	-	0.79	0.61	0.77	1.01	0.86
Goodwill	-	0.49	0.49	0.87	0.87	0.99
Other Intangible Assets	-	1.98	2.72	2.11	7.37	1.15
Loans Receivable Current	25.41	25.09	7.04	5.87	6.21	6.33
Restricted Cash	6.14	1.1	0.64	1.43	7.36	6.92
Other Current Assets	-	8.27	7.83	6.52	9.69	5.7
Deferred Long-Term Charges	-	2.03	0.86	1.47	2.07	1.2
Other Long-Term Assets	17.88	4.63	5.29	1.95	-	-
Total Assets	1,893	1,914	1,926	2,033	1,940	1,464
Current Portion of Long-Term Debt	37.12	39.65	-	-	5.7	15.91
Long-Term Debt	918.34	915.74	916.02	1,008	856.05	719.19
Accounts Payable	57.63	59.32	62.75	58.81	56.7	39.7
Total Liabilities	1,013	1,015	978.78	1,066	918.45	774.8
Preferred Stock, Redeemable	-	-	93.53	93.53	93.53	93.53
Preferred Stock, Convertible	16.56	16.56	16.56	16.56	25.33	16.56
Total Preferred Equity	16.56	16.56	110.09	110.09	118.86	110.09
Common Stock	1,269	1,270	1,166	1,177	1,157	968.26
Distributions in Excess of Earnings	-631.86	-615.24	-548.27	-539.42	-474.32	-427.68
Comprehensive Income & Other	-0.23	-0.41	-1.12	-2.06	-4.44	-15.91
Total Common Equity	636.8	653.9	616.3	636.01	678.5	524.68
Minority Interest	226.64	228.54	221.19	220.76	224.25	54.62
Shareholders' Equity	880	899	947.59	966.86	1,022	689.38
Total Liabilities & Equity	1,893	1,914	1,926	2,033	1,940	1,464
Total Debt	955.45	955.39	916.02	1,008	861.75	735.1
Net Cash / Debt	-943.54	-943.36	-907.39	-997.18	-830.48	-734.7
Net Cash Per Share	-59.14	-60.85	-53.01	-65.53	-60.17	-58.48
Filing Date Shares Outstanding	16.74	16.73	14.91	15.03	15.04	13.05
Total Common Shares Outstanding	16.74	16.72	14.96	15.02	15.02	13.03
Book Value Per Share	38.05	39.11	41.19	42.34	45.19	40.28
Tangible Book Value	636.8	651.43	613.09	633.03	670.27	522.54
Tangible Book Value Per Share	38.05	38.96	40.97	42.15	44.64	40.11
Land	-	212.15	-	-	-	-
Buildings	-	2,269	-	-	-	-

Updated May 1, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q