Innovative Industrial Properties, Inc. (IIPR) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Assets | 2.39B | 2.37B | 2.34B | 2.31B | 2.35B | 2.38B | 2.4B | 2.38B | 2.4B | 2.39B | 2.39B | 2.4B | 2.41B | 2.41B | 2.43B | 2.43B | 2.11B | 2.08B | 2.1B | 2.09B |
| Asset Growth % | 1.76% | -0.3% | -2.4% | -3.32% | -1.96% | -0.55% | 0.25% | -0.5% | -0.57% | -0.98% | -1.7% | -1.21% | 14.47% | 15.84% | 15.63% | 16.01% | 17.25% | 17.9% | 40.15% | 77.32% |
| Real Estate & Other Assets | -2.27B | -2.29B | 2.16B | 2.17B | 2.19B | 2.2B | 2.19B | 2.19B | 2.19B | 2.2B | 2.2B | 2.2B | 2.18B | 2.1B | 2.08B | 2.04B | 1.83B | 1.65B | 1.41B | 1.28B |
| PP&E (Net) | 0 | 509K | 621K | 731K | 839K | 946K | 1.05M | 1.15M | 1.25M | 1.35M | 1.45M | 1.55M | 1.65M | 1.74M | 1.83M | 1.92M | 2.01M | 1.07M | 811K | 866K |
| Investment Securities | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Total Current Assets | 89.12M | 47.6M | 159.71M | 122.47M | 150.81M | 169.04M | 169.13M | 142.84M | 175.5M | 163.7M | 140.04M | 114.97M | 57.51M | 106.59M | 96.22M | 63.66M | 60.55M | 99.33M | 136.22M | 162.31M |
| Cash & Equivalents | 89.12M | 47.6M | 36.67M | 99.67M | 128.01M | 146.25M | 147.13M | 120.83M | 153.5M | 140.25M | 117.03M | 92.6M | 37.65M | 87.12M | 76.94M | 45.43M | 43.09M | 81.1M | 127.3M | 156.31M |
| Receivables | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Other Current Assets | 0 | -16.8M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.45M | 1.45M | 1.45M | 1.45M | 1.45M | 1.58M | 530K | 1.93M | 5.32M | 0 | 0 |
| Intangible Assets | 6.16M | 6.37M | 6.58M | 6.96M | 7.17M | 7.38M | 7.6M | 7.82M | 8.03M | 8.24M | 8.46M | 8.68M | 8.89M | 9.11M | 9.32M | 9.54M | 9.21M | 9.15M | 0 | 0 |
| Total Liabilities | 499.44M | 522.85M | 474.57M | 424.65M | 430.42M | 441.99M | 448.79M | 436.98M | 444.09M | 438.12M | 440.75M | 443.04M | 455.09M | 452.94M | 463.82M | 449.91M | 461.45M | 472.9M | 590.95M | 575.68M |
| Total Debt | 365.98M | 393.7M | 340.23M | 289.86M | 289.5M | 297.87M | 297.5M | 297.15M | 296.8M | 300.88M | 300.53M | 300.19M | 299.85M | 301.5M | 301.16M | 300.85M | 303.54M | 326.09M | 431.88M | 431.19M |
| Net Debt | 276.86M | 346.1M | 303.56M | 190.19M | 161.49M | 151.62M | 150.38M | 176.31M | 143.29M | 160.63M | 183.5M | 207.58M | 262.19M | 214.37M | 224.22M | 255.42M | 260.44M | 245M | 304.58M | 274.87M |
| Long-Term Debt | 365.98M | 74.41M | 290.23M | 289.86M | 289.5M | 297.87M | 297.5M | 297.15M | 296.8M | 300.88M | 300.53M | 300.19M | 299.85M | 301.5M | 301.16M | 300.85M | 303.54M | 326.09M | 431.88M | 431.19M |
| Short-Term Borrowings | 0 | 319.26M | 50M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 27K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 0 | 319.26M | 175.53M | 122.14M | 130.07M | 132.78M | 140.07M | 129.68M | 135.05M | 132.18M | 136.55M | 139.48M | 152.21M | 149.55M | 160.66M | 146.98M | 155.76M | 145.64M | 157.67M | 141.3M |
| Accounts Payable | 0 | 13.83M | 19.54M | 15.83M | 21.43M | 20.79M | 24.16M | 16.28M | 22.61M | 21M | 26.36M | 29.92M | 42.48M | 39.99M | 48.34M | 37.64M | 52.79M | 53.99M | 70.12M | 65.53M |
| Deferred Revenue | 0 | 50.31M | 51.2M | 51.65M | 53.4M | 57.18M | 61.08M | 58.8M | 60.15M | 59.36M | 59.12M | 58.48M | 58.66M | 58.72M | 61.49M | 59.9M | 56.8M | 52.8M | 51.22M | 41.85M |
| Other Liabilities | 133.46M | 129.16M | 8.81M | 12.65M | 10.85M | 11.34M | 11.22M | 10.15M | 12.24M | 5.06M | 3.67M | 3.37M | 3.04M | 1.9M | 1.99M | 2.08M | 2.15M | 1.17M | 1.41M | 3.19M |
| Total Equity | 1.89B | 1.85B | 1.86B | 1.88B | 1.92B | 1.94B | 1.95B | 1.95B | 1.96B | 1.95B | 1.95B | 1.95B | 1.96B | 1.96B | 1.97B | 1.98B | 1.65B | 1.61B | 1.51B | 1.52B |
| Equity Growth % | -1.44% | -4.55% | -4.27% | -3.43% | -1.7% | -0.87% | -0.11% | -0.31% | -0.14% | -0.45% | -0.93% | -1.14% | 18.92% | 21.73% | 30.16% | 30.4% | 8.5% | 5.69% | 18.99% | 56.21% |
| Shareholders Equity | 1.89B | 1.85B | 1.86B | 1.88B | 1.92B | 1.94B | 1.95B | 1.95B | 1.96B | 1.95B | 1.95B | 1.95B | 1.96B | 1.96B | 1.97B | 1.98B | 1.65B | 1.61B | 1.51B | 1.52B |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Common Stock | 28K | 28K | 28K | 28K | 28K | 28K | 28K | 28K | 28K | 28K | 28K | 28K | 28K | 28K | 28K | 28K | 26K | 26K | 24K | 24K |
| Additional Paid-in Capital | 2.12B | 2.11B | 2.11B | 2.11B | 2.13B | 2.12B | 2.12B | 2.12B | 2.11B | 2.1B | 2.08B | 2.08B | 2.07B | 2.07B | 2.06B | 2.06B | 1.72B | 1.67B | 1.56B | 1.56B |
| Retained Earnings | -337.28M | -312.99M | -289.92M | -264.43M | -235.79M | -211.71M | -196.92M | -182.32M | -169.72M | -156.85M | -146.66M | -137.17M | -127.36M | -117.39M | -108.06M | -94.83M | -85.61M | -75.22M | -65M | -58.77M |
| Preferred Stock | 108.08M | 47.78M | 42.74M | 36.84M | 32.82M | 23.63M | 23.63M | 14.01M | 14.01M | 14.01M | 14.01M | 14.01M | 14.01M | 14.01M | 14.01M | 14.01M | 14.01M | 14.01M | 14.01M | 14.01M |
| Return on Assets (ROA) | 1.38% | 1.35% | 1.26% | 1.12% | 1.31% | 1.68% | 1.68% | 1.76% | 1.65% | 1.74% | 1.74% | 1.72% | 1.7% | 1.71% | 1.55% | 1.77% | 1.67% | 1.37% | 1.44% | 1.51% |
| Return on Equity (ROE) | 1.75% | 1.72% | 1.57% | 1.37% | 1.61% | 2.06% | 2.07% | 2.15% | 2.02% | 2.13% | 2.13% | 2.11% | 2.1% | 2.11% | 1.91% | 2.22% | 2.15% | 1.83% | 1.99% | 1.93% |
| Debt / Assets | 15.29% | 16.61% | 14.55% | 12.57% | 12.31% | 12.53% | 12.42% | 12.46% | 12.37% | 12.58% | 12.58% | 12.53% | 12.43% | 12.49% | 12.39% | 12.4% | 14.4% | 15.64% | 20.55% | 20.62% |
| Debt / Equity | 0.19x | 0.21x | 0.18x | 0.15x | 0.15x | 0.15x | 0.15x | 0.15x | 0.15x | 0.15x | 0.15x | 0.15x | 0.15x | 0.15x | 0.15x | 0.15x | 0.18x | 0.20x | 0.29x | 0.28x |
| Net Debt / EBITDA | 5.42x | 6.83x | 6.32x | 4.01x | 3.08x | 2.52x | 2.51x | 2.95x | 2.42x | 2.63x | 3.03x | 3.45x | 4.36x | 3.54x | 3.92x | 4.30x | 4.85x | 4.84x | 6.46x | 6.43x |
| Book Value per Share | 66.55 | 65.29 | 65.83 | 66.40 | 67.24 | 67.80 | 68.11 | 68.15 | 68.70 | 69.06 | 68.94 | 69.12 | 69.38 | 69.67 | 69.85 | 70.47 | 62.52 | 61.37 | 57.54 | 57.90 |