Whitestone REIT

Delisted

CIK 1175535fmd_1WYZ1QCE6T1619ESBT7X44RGB4Finance, Insurance and Real Estate · Real Estate Investment TrustsTemplate: Real estate

Coverage: Jan 01, 2009 to Mar 31, 2026, 66 periods

Income Statement · Annual · Millions · USD
Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Rental revenue	80	125	117	117	115	124	138	146	151	159
Total revenues	104	126	120	119	118	125	139	147	154	161
Cost of revenue	34	93	86	85	88	91	–	–	–	–
Real estate taxes	14	18	16	16	18	17	18	18	18	18
Gross profit	70	33	33	34	30	34	–	–	–	–
Depreciation and amortization	22	27	26	27	28	29	32	33	35	36
Gain on sale of real estate	3	0	5	1	–	–	–	–	–	–
Total operating expenses	65	23	20	25	24	24	–	–	–	–
Funds from operations (NAREIT definition, derived)	27	36	42	50	34	41	67	52	72	86
Operating income	5	9	14	9	6	10	–	–	–	–
Interest expense	19	24	25	26	26	25	27	33	34	34
Interest and investment income	0	0	1	1	0	0	0	0	0	0
Other non-operating income (expense)	–	–	–	–	(24)	(24)	(10)	(24)	(12)	(3)
Income before taxes	–	–	–	–	6	10	36	23	38	51
Income tax expense	0	0	0	0	0	0	0	0	0	0
Net income from continuing operations	8	9	22	24	6	10	36	19	37	51
Net income	8	8	21	24	6	12	35	19	37	50
Net income to common shareholders	–	–	–	–	6	12	35	19	37	50