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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Real estate properties    
Land $ 54,936 $ 54,936
Building and improvements 287,453 281,598
Intangible lease assets 33,127 33,374
Construction in progress 248 5,462
Furniture and equipment 1,749 1,711
Less accumulated depreciation and amortization (59,489) (51,890)
Total real estate properties, net 318,024 325,191
Cash and cash equivalents 18,857 9,779
Restricted cash 4,603 4,018
Straight-line rent receivable 3,914 3,090
Tenant and accounts receivable, net of allowance of $316 and $194, respectively 1,195 1,918
Derivative assets 1,218 796
Other assets, net 5,287 6,327
Total Assets 353,098 351,119
Liabilities    
Mortgage and other indebtedness, net (includes $12,303 and $16,187, respectively, at fair value under the fair value option) 242,954 231,049
Accounts payable and accrued liabilities 11,711 15,457
Unamortized intangible lease liabilities, net 475 633
Payables due to related parties 35 63
Deferred revenue 845 827
Total liabilities 256,020 248,029
Commitments and contingencies
Temporary Equity    
Redeemable noncontrolling Fortress preferred interest 93,402 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 June 30, 2024 and December 31, 2023 0 0
Common stock, $0.01 par value, 300,000,000 shares authorized, 34,950,565 and 33,417,101 issued and outstanding at June 30, 2024 and December 31, 2023, respectively 350 334
Additional paid in capital 47,200 55,186
Accumulated deficit (40,860) (36,387)
Accumulated other comprehensive income 2,547 547
Total Broad Street Realty, Inc. stockholders' equity 9,237 19,680
Noncontrolling interest (5,561) (3,878)
Total permanent equity 3,676 15,802
Total Liabilities, Temporary Equity and Permanent Equity $ 353,098 $ 351,119