XML 15 R2.htm IDEA: XBRL DOCUMENT v3.25.2
Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Property $ 1,294,319 $ 1,248,223
Accumulated depreciation (257,003) (246,534)
Total real estate assets 1,037,316 1,001,689
Cash and cash equivalents 5,324 5,224
Restricted cash 0 10,146
Escrows and deposits 2,691 4,006
Accrued rents and accounts receivable, net of allowance for doubtful accounts 32,508 33,820
Unamortized lease commissions, legal fees and loan costs 14,724 14,693
Prepaid expenses and other assets(1) [1] 6,002 7,805
Finance lease right-of-use assets 10,367 10,427
Total assets 1,155,534 1,134,639
Liabilities:    
Notes payable 670,345 631,518
Accounts payable and accrued expenses(2) [2] 33,497 40,703
Tenants' security deposits 9,416 9,295
Dividends and distributions payable 6,974 6,931
Finance lease liabilities 760 781
Total liabilities 722,527 690,805
Commitments and contingencies:
Equity:    
Preferred shares, $0.001 par value per share; 50,000,000 shares authorized; none issued and outstanding as of June 30, 2025 and December 31, 2024 0 0
Common shares, $0.001 par value per share; 400,000,000 shares authorized; 51,016,943 and 50,690,163 issued and outstanding as of June 30, 2025 and December 31, 2024, respectively 51 51
Additional paid-in capital 637,748 637,946
Accumulated deficit (210,587) (205,557)
Accumulated other comprehensive income 301 5,713
Total Whitestone REIT shareholders' equity 427,513 438,153
Noncontrolling interest in subsidiary 5,494 5,681
Total equity 433,007 443,834
Total liabilities and equity 1,155,534 1,134,639
(1) Operating lease right of use assets (net) 1,261 59
(2) Operating lease liabilities 1,260 58
Related Party [Member]    
Receivable 14,959 15,186
Related Parties [Member]    
Liabilities:    
Payable due to related party 1,535 1,577
Partnership Redemption [Member ]    
Receivable $ 31,643 $ 31,643
[1] Operating lease right of use assets (net) $ 129 $ 124
[2] Operating lease liabilities $ 132 $ 129