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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Real estate properties    
Land $ 54,936 $ 67,225
Building and improvements 278,650 300,699
Intangible lease assets 33,899 41,228
Construction in progress 6,739 4,231
Furniture and equipment 1,711 1,711
Less accumulated depreciation and amortization (48,312) (42,047)
Total real estate properties, net 327,623 373,047
Cash and cash equivalents 13,931 12,356
Restricted cash 4,829 4,675
Straight-line rent receivable 2,839 2,397
Tenant and accounts receivable, net of allowance of $174 and $165, respectively 1,698 1,874
Derivative assets 2,060 3,426
Other assets, net 5,024 4,511
Total Assets 358,004 402,286
Liabilities    
Mortgage and other indebtedness, net (includes $16,741 and $17,895, respectively, at fair value under the fair value option) 233,445 267,616
Accounts payable and accrued liabilities 15,536 15,411
Unamortized intangible lease liabilities, net 756 1,553
Payables due to related parties 51 44
Deferred tax liabilities 0 3,968
Deferred revenue 906 1,252
Total liabilities 250,694 289,844
Commitments and contingencies
Temporary Equity    
Redeemable noncontrolling Fortress preferred interest 82,984 73,697
Permanent Equity    
Preferred stock, $0.01 par value, 1,000,000 shares authorized: Series A preferred stock, 20,000 shares authorized, 500 shares issued and outstanding at each of September 30, 2023 and December 31, 2022 0 0
Common stock, $0.01 par value, 50,000,000 shares authorized, 33,132,043 and 32,256,974 issued and outstanding at September 30, 2023 and December 31, 2022, respectively 331 323
Additional paid in capital 60,384 72,097
Accumulated deficit (34,268) (33,294)
Accumulated other comprehensive income 743 56
Total Broad Street Realty, Inc. stockholders' equity 27,190 39,182
Noncontrolling interest (2,864) (437)
Total permanent equity 24,326 38,745
Total Liabilities, Temporary Equity and Permanent Equity $ 358,004 $ 402,286