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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Real estate properties    
Land $ 54,936 $ 54,936
Building and improvements 284,660 281,598
Intangible lease assets 33,261 33,374
Construction in progress 3,324 5,462
Furniture and equipment 1,733 1,711
Less accumulated depreciation and amortization (55,617) (51,890)
Total real estate properties, net 322,297 325,191
Cash and cash equivalents 14,631 9,779
Restricted cash 2,650 4,018
Straight-line rent receivable 3,480 3,090
Tenant and accounts receivable, net of allowance of $328 and $194, respectively 1,825 1,918
Derivative assets 1,210 796
Other assets, net 5,964 6,327
Total Assets 352,057 351,119
Liabilities    
Mortgage and other indebtedness, net (includes $13,435 and $16,187, respectively, at fair value under the fair value option) 234,272 231,049
Accounts payable and accrued liabilities 15,476 15,457
Unamortized intangible lease liabilities, net 552 633
Payables due to related parties 31 63
Deferred revenue 651 827
Total liabilities 250,982 248,029
Commitments and contingencies
Temporary Equity    
Redeemable noncontrolling Fortress preferred interest 90,536 87,288
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 March 31, 2024 and December 31, 2023 0 0
Common stock, $0.01 par value, 300,000,000 shares authorized, 33,401,959 and 33,417,101 issued and outstanding at March 31, 2024 and December 31, 2023, respectively 334 334
Additional paid in capital 50,982 55,186
Accumulated deficit (37,486) (36,387)
Accumulated other comprehensive income 1,287 547
Total Broad Street Realty, Inc. stockholders' equity 15,117 19,680
Noncontrolling interest (4,578) (3,878)
Total permanent equity 10,539 15,802
Total Liabilities, Temporary Equity and Permanent Equity $ 352,057 $ 351,119