CENTERSPACE
CSR · XNYSCIK 798359fmd_0Y2WNF5J231W43VEH9X3YX2TJRFinance, Insurance and Real Estate · Real Estate Investment TrustsTemplate: Real estate
Coverage: May 01, 2008 to Sep 30, 2026, 71 periods
| Line item | FY2017 | FY2018 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Rental revenue | 187 | – | – | – | – | – | – | – | – | – |
| Total revenues | 160 | – | 122 | 186 | 178 | 202 | 257 | 261 | 261 | 274 |
| Cost of revenue | – | – | – | 6 | 6 | 9 | 10 | 9 | 9 | 10 |
| Real estate taxes | 17 | 19 | – | 21 | 22 | 24 | 29 | 29 | 27 | 29 |
| Gross profit | – | – | – | 180 | 172 | 193 | 247 | 252 | 252 | 264 |
| Realized investment gains (losses) | – | – | – | 98 | 26 | – | – | – | – | – |
| Depreciation and amortization | 44 | 82 | – | 74 | 76 | 92 | 105 | 102 | 106 | 113 |
| Gain on sale of real estate | – | – | – | 98 | 26 | 28 | 0 | 71 | (1) | 79 |
| Impairment of real estate | 57 | 18 | – | – | – | 0 | 0 | 5 | 0 | 38 |
| Funds from operations (NAREIT definition, derived) | 145 | 217 | – | 55 | 55 | 65 | 91 | 77 | 96 | 89 |
| Operating income | (30) | (24) | – | 109 | 34 | 30 | 14 | 84 | 20 | 65 |
| Interest expense | 34 | 34 | – | 31 | 28 | 29 | 33 | 36 | 37 | 45 |
| Interest and investment income | 0 | 1 | – | 2 | – | – | – | – | – | – |
| Other non-operating income (expense) | 1 | 0 | – | – | – | – | – | – | – | – |
| Net income from continuing operations | (46) | (37) | – | 85 | 5 | – | – | – | – | – |
| Net income | 43 | 117 | – | 79 | 4 | (0) | (14) | 41 | (11) | 17 |
| Net income to common shareholders | 31 | 105 | – | 72 | (2) | (6) | (21) | 35 | (20) | 17 |