Company research
ExchangeRight Income Fund
CIK 1771514
Filing activity
Latest filing
23 filings on record · 8-K, 10-Q.
Recent filings
Other Events
Items 8.01, 9.01
Unregistered Sales of Equity Securities
Items 3.02
Unregistered Sales of Equity Securities
Items 3.02
Other Events
Items 8.01
Unregistered Sales of Equity Securities
Items 3.02
Show 5 more recent filings
10-Q filing
Other Events
Items 8.01, 9.01
Unregistered Sales of Equity Securities
Items 3.02
Other Events
Items 8.01, 9.01
Unregistered Sales of Equity Securities
Items 3.02
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 1,239,651,000Source | 1,258,729,000Source | 1,171,540,000Source | 1,148,410,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 10,664,000Source | 9,348,000Source | 7,053,000Source | 22,439,000Source |
| Operating Lease, Right-of-Use AssetUSD | 4,750,000Source | 4,700,000Source | 4,652,000Source | 4,609,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 718,857,000Source | 712,950,000Source | 634,498,000Source | 619,336,000Source |
| Stockholders’ equity: | ||||
| Retained Earnings (Accumulated Deficit)USD | -110,795,000Source | -83,740,000Source | -58,448,000Source | -30,761,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -290,000Source | -56,000Source | -360,000Source | — |
| Stockholders' Equity Attributable to ParentUSD | 327,981,000Source | 345,898,000Source | 349,708,000Source | 340,843,000Source |
| Additional Paid in Capital, Common StockUSD | 438,896,000Source | 429,528,000Source | 408,358,000Source | 371,459,000Source |
| Liabilities and EquityUSD | 1,239,651,000Source | 1,258,729,000Source | 1,171,540,000Source | 1,148,410,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 192,813,000Source | 199,881,000Source | 187,334,000Source | 188,231,000Source |
| Additional Financial Items | ||||
| Dividends PayableUSD | 3,777,000Source | 3,690,000Source | 3,452,000Source | 3,189,000Source |
| Long-term DebtUSD | 672,161,000Source | 667,217,000Source | 589,962,000Source | 497,067,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 2,916,000Source | 4,176,000Source | -1,678,000Source | 4,922,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | — | — | — | — |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -558,000Source | 48,000Source | 791,000Source | 1,863,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 43,677,000Source | 43,626,000Source | 39,309,000Source | 36,103,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -2,948,000Source | -32,796,000Source | -21,111,000Source | -71,687,000Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -40,498,000Source | -8,890,000Source | -35,515,000Source | 50,170,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 231,000Source | 1,940,000Source | -17,317,000Source | 14,586,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 21,499,000Source | 21,268,000Source | 19,328,000Source | 36,645,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 31,956,000Source | 27,627,000Source | 25,489,000Source | 18,049,000Source |
| Additional Financial Items | ||||
| Amortization of Debt Issuance CostsUSD | 754,000Source | 492,000Source | 427,000Source | 501,000Source |
| DepreciationUSD | 31,257,000Source | 29,144,000Source | 27,580,000Source | 19,982,000Source |
| Depreciation, Amortization and Accretion, NetUSD | 44,110,000Source | 41,513,000Source | 41,134,000Source | 30,483,000Source |
| Dividends PayableUSD | 3,777,000Source | 3,690,000Source | 3,452,000Source | 3,189,000Source |
| Gain (Loss) on Termination of LeaseUSD | 613,000Source | 0Source | 513,000Source | 367,000Source |
| General and Administrative ExpenseUSD | 1,519,000Source | 1,246,000Source | 1,818,000Source | 997,000Source |
| Investment Income, InterestUSD | 14,000Source | 42,000Source | 66,000Source | — |
| Net Income (Loss) Attributable to ParentUSD | 1,879,000Source | 2,782,000Source | -1,116,000Source | 3,561,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 1,037,000Source | 1,394,000Source | -562,000Source | 1,361,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 1,879,000Source | 2,782,000Source | -1,116,000Source | 3,561,000Source |
| Nonoperating Income (Expense)USD | -37,446,000Source | -32,788,000Source | -29,088,000Source | -20,614,000Source |
| Operating ExpensesUSD | 60,139,000Source | 54,915,000Source | 55,289,000Source | 40,931,000Source |
| Operating Lease, ExpenseUSD | 400,000Source | 400,000Source | 400,000Source | 400,000Source |
| Operating Lease, Lease IncomeUSD | 87,810,000Source | 81,025,000Source | 78,206,000Source | 57,376,000Source |
| Payments of Financing CostsUSD | 604,000Source | 1,161,000Source | 781,000Source | 357,000Source |
| Proceeds from Issuance of Common StockUSD | 36,989,000Source | 36,281,000Source | 39,898,000Source | 109,468,000Source |
| Proceeds from Noncontrolling InterestsUSD | 0Source | 626,000Source | 374,000Source | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 92,925,000Source | 86,293,000Source | 82,699,000Source | 66,467,000Source |
| Operating Income (Loss)USD | 40,362,000Source | 36,964,000Source | 27,410,000Source | 25,536,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 1,037,000Source | 1,394,000Source | -562,000Source | 1,361,000Source |
| Net Income (Loss) Attributable to ParentUSD | 1,879,000Source | 2,782,000Source | -1,116,000Source | 3,561,000Source |
| Earnings Per Share, BasicUSD per share | 0.11Source | 0.17Source | -0.07Source | 0.28Source |
| Earnings Per Share, DilutedUSD per share | 0.11Source | 0.17Source | -0.07Source | 0.28Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 16,629,487Source | 16,137,393Source | 15,288,881Source | 12,908,540Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 16,629,487Source | 16,137,393Source | 15,288,881Source | 12,908,540Source |
| Additional Financial Items | ||||
| Depreciation, Depletion and Amortization, NonproductionUSD | 44,110,000Source | 41,513,000Source | 41,134,000Source | 30,483,000Source |
| General and Administrative ExpenseUSD | 1,519,000Source | 1,246,000Source | 1,818,000Source | 997,000Source |
| Interest ExpenseUSD | — | — | 29,154,000Source | 20,614,000Source |
| Interest Expense, DebtUSD | 37,460,000Source | 32,830,000Source | — | — |
| Investment Income, InterestUSD | 14,000Source | 42,000Source | 66,000Source | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 1,879,000Source | 2,782,000Source | -1,116,000Source | 3,561,000Source |
| Nonoperating Income (Expense)USD | -37,446,000Source | -32,788,000Source | -29,088,000Source | -20,614,000Source |
| Operating ExpensesUSD | 60,139,000Source | 54,915,000Source | 55,289,000Source | 40,931,000Source |
| Operating Lease, ExpenseUSD | 400,000Source | 400,000Source | 400,000Source | 400,000Source |
| Operating Lease, Lease IncomeUSD | 87,810,000Source | 81,025,000Source | 78,206,000Source | 57,376,000Source |
| Other IncomeUSD | 161,000Source | 162,000Source | 62,000Source | 85,000Source |