Below are the financial statements of Innovative Industrial Properties, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in thousands of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenues | — | — | — |
| Rental (including tenant reimbursements) | 306.94a | 307.35a | 274.38a |
| Other | 1.58a | 2.16a | 1.98a |
| Total revenues | 308.52a | 309.51a | 276.36a |
| Expenses | — | — | — |
| Property expenses | -28.47a | -24.89a | -10.52a |
| General and administrative expense | -37.44a | -42.83a | -38.52a |
| Depreciation and amortization expense | -70.81a | -67.19a | -61.3a |
| Total expenses | -136.72a | -134.92a | -110.34a |
| Gain (loss) on sale of real estate | -3.45a | 0a | 3.6a |
| Income from operations | 168.35a | 174.59a | 169.62a |
| Interest income | 10.99a | 8.45a | 3.2a |
| Interest expense | -17.67a | -17.47a | -18.3a |
| Gain (loss) on exchange of Exchangeable Senior Notes | 0a | 22a | -125a |
| Net income | 161.66a | 165.59a | 154.39a |
| Preferred stock dividends | -1.8a | -1.35a | -1.35a |
| Net income attributable to common stockholders | 159.86a | 164.24a | 153.03a |
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Innovative Industrial Properties’s data sources below and access millions more through our Disclosure Search.
Sign up for Tracenable and access millions of corporate disclosures, including annual reports and sustainability filings from global companies, completely free of charge.