Safehold Inc.
SAFE · XNYSCIK 1095651fmd_033XVRB9TJJSRC4Y7K423SR8SPFinance, Insurance and Real Estate · Real Estate Investment TrustsTemplate: Real estate
Coverage: Jan 01, 2009 to Sep 30, 2026, 68 periods
| Line item | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Rental revenue | 191 | 188 | – | – | – | 68 | 67 | 71 | 71 | 72 |
| Total revenues | 455 | 679 | 798 | 274 | 324 | 187 | 270 | 353 | 366 | 386 |
| Cost of revenue | – | – | – | – | – | 3 | 3 | 5 | 4 | 5 |
| Provision for credit losses | (13) | (6) | 17 | 6 | 9 | (8) | 45 | 3 | 9 | 7 |
| Realized investment gains (losses) | – | – | – | – | – | – | – | – | – | – |
| Gross profit | – | – | – | – | – | 184 | 267 | 348 | 361 | 381 |
| Depreciation and amortization | 52 | 49 | 59 | 7 | 7 | 10 | 10 | 10 | 10 | 9 |
| Gain on sale of real estate | 105 | 92 | 126 | 12 | 6 | 26 | 27 | – | – | – |
| Impairment of real estate | 11 | 12 | 90 | 5 | 3 | 1 | 2 | – | – | – |
| Funds from operations (NAREIT definition, derived) | 52 | 145 | (9) | 324 | (38) | 57 | 121 | (45) | 116 | 123 |
| Operating income | – | – | – | – | – | 65 | 136 | (77) | 87 | 101 |
| Interest expense | 221 | 195 | 184 | 142 | 127 | 80 | 129 | 181 | 198 | 207 |
| Income before taxes | 72 | 51 | (18) | (155) | (116) | 73 | 145 | (53) | 110 | 118 |
| Income tax expense | (10) | (1) | 1 | 0 | 0 | (0) | 1 | 2 | 3 | 3 |
| Net income from continuing operations | 82 | 52 | (18) | (156) | (116) | 17 | (197) | (55) | 107 | 115 |
| Net income | 95 | 176 | (32) | 324 | (42) | 73 | 135 | (55) | 106 | 114 |
| Net income to common shareholders | 44 | 111 | (65) | 292 | (66) | 73 | 135 | (55) | 106 | 114 |