Urban Edge Properties

UE · XNYS

CIK 1611547fmd_0FV6HS329J234CJHKPDBVBX3RZFinance, Insurance and Real Estate · Real EstateTemplate: Real estate

Coverage: Jan 01, 2013 to Mar 31, 2026, 51 periods

Income Statement · Annual · Millions · USD
Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Rental revenue	322	365	411	384	328	422	396	406	444	471
Total revenues	326	407	414	388	330	425	398	417	445	472
Real estate taxes	51	60	64	60	60	64	62	65	69	66
Provision for credit losses	–	–	4	1	28	–	–	–	–	–
Depreciation and amortization	56	82	99	94	96	92	98	109	150	139
Impairment of real estate	0	6	6	13	3	0	0	34	0	0
Total operating expenses	193	245	292	284	–	–	–	–	–	–
Funds from operations (NAREIT definition, derived)	147	155	210	216	193	195	145	392	223	233
Operating income	133	162	122	–	–	–	–	–	–	–
Interest expense	49	53	62	64	68	55	56	71	77	73
Interest and investment income	1	2	8	10	3	0	1	3	3	3
Income before taxes	97	73	120	117	59	109	50	278	78	100
Income tax expense	1	(0)	4	1	(39)	1	3	18	2	3
Net income from continuing operations	97	73	117	116	98	108	47	260	75	98
Net income	91	67	105	110	94	103	46	248	73	94
Net income to common shareholders	91	67	105	109	94	103	46	248	72	93