Centerspace (CSR)

Centerspace Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Property, Plant & Equipment	1,864	1,857	1,892	2,002	1,831
Total Real Estate Assets	1,864	1,857	1,892	2,002	1,831
Cash & Equivalents	12.83	12.03	8.63	10.46	31.27
Accounts Receivable	2.17	0.79	0.61	0.77	1.01
Goodwill	0.32	0.49	0.49	0.87	0.87
Other Intangible Assets	2.02	1.98	2.72	2.11	7.37
Loans Receivable Current	26.39	25.09	7.04	5.87	6.21
Restricted Cash	2.82	1.1	0.64	1.43	7.36
Other Current Assets	7.17	8.27	7.83	6.52	9.69
Deferred Long-Term Charges	2.32	2.03	0.86	1.47	2.07
Other Long-Term Assets	5.72	4.63	5.29	1.95	-
Total Assets	1,926	1,914	1,926	2,033	1,940
Current Portion of Long-Term Debt	57.43	-	-	-	5.7
Long-Term Debt	963.73	955.39	916.02	1,008	856.05
Accounts Payable	59.25	59.32	62.75	58.81	56.7
Total Liabilities	1,080	1,015	978.78	1,066	918.45
Preferred Stock, Redeemable	-	-	93.53	93.53	93.53
Preferred Stock, Convertible	5.94	16.56	16.56	16.56	25.33
Total Preferred Equity	5.94	16.56	110.09	110.09	118.86
Common Stock	1,369	1,368	1,166	1,177	1,157
Distributions in Excess of Earnings	-649.68	-615.24	-548.27	-539.42	-474.32
Comprehensive Income & Other	-	-0.41	-1.12	-2.06	-4.44
Total Common Equity	719.16	751.99	616.3	636.01	678.5
Minority Interest	120.66	130.46	221.19	220.76	224.25
Shareholders' Equity	845.76	899	947.59	966.86	1,022
Total Liabilities & Equity	1,926	1,914	1,926	2,033	1,940
Total Debt	1,021	955.39	916.02	1,008	861.75
Net Cash (Debt)	-1,008	-943.36	-907.39	-997.18	-830.48
Net Cash Per Share	-60.11	-60.85	-53.01	-65.53	-60.17
Filing Date Shares Outstanding	16.77	16.73	14.91	15.03	15.04
Total Common Shares Outstanding	16.76	16.72	14.96	15.02	15.02
Book Value Per Share	42.91	44.98	41.19	42.34	45.19
Tangible Book Value	716.83	749.52	613.09	633.03	670.27
Tangible Book Value Per Share	42.77	44.83	40.97	42.15	44.64
Land	222.28	-	-	-	-
Buildings	2,302	-	-	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q