As Reported Financials

Document Name As Of Date Currency Code (in thousands) 2015 Y 10-K 12/31/2015 USD 2016 Y 10-K 12/31/2016 USD 2017 Y 10-K 12/31/2017 USD 2018 Y 10-Q 12/31/2018 USD 2019 Q3 YTD 10-Q 9/30/2019 USD
Document Name As Of Date Currency Code 2015 Y 10-K 12/31/2015 USD 2016 Y 10-K 12/31/2016 USD 2017 Y 10-K 12/31/2017 USD 2018 Y 10-Q 12/31/2018 USD 2019 Q3 YTD 10-Q 9/30/2019 USD

ASSETS

Land 492,704 683,919 997,588 1,298,957 1,728,490
Buildings and improvements 650,075 811,614 1,079,746 1,332,438 1,611,060
Tenant improvements 28,977 38,644 49,692 60,024 68,124
Furniture, fixtures and equipment 188 174 167 149 141
Construction in progress 16,822 17,778 34,772 24,515 29,094
Total real estate held for investment 1,188,766 1,552,129 2,161,965 2,716,083 3,436,909
Accumulated depreciation (103,623) (135,140) (173,541) (228,742) (278,726)
Investments in real estate, net 1,085,143 1,416,989 1,988,424 2,487,341 3,158,183
Cash and cash equivalents 5,201 15,525 6,620 180,601 197,508
Restricted cash NA 0 250 NA NA
Notes receivable 0 5,934 NA NA NA
Rents and other receivables, net 3,040 2,749 3,664 4,944 4,376
Deferred rent receivable, net 7,827 11,873 15,826 22,228 27,502
Deferred leasing costs, net 5,331 8,672 12,014 14,002 17,561
Deferred loan costs, net 1,445 847 1,930 1,312 849
Acquired lease intangible assets, net 30,383 36,365 49,239 55,683 67,110
Acquired indefinite-lived intangible 5,271 5,170 5,156 5,156 5,156
Interest rate swap asset 0 5,594 7,193 8,770 374
Other assets 5,523 5,290 6,146 6,723 10,778
Investment in unconsolidated real estate entities 4,087 NA NA NA NA
Acquisition related deposits NA 0 2,475 925 8,415
Assets associated with real estate held for sale NA 0 12,436 0 4,582
Total Assets 1,153,251 1,515,008 2,111,373 2,787,685 3,502,394

LIABILITIES & EQUITY

Liabilities

Notes payable 418,154 500,184 668,941 757,371 857,688
Interest rate swap liability 3,144 2,045 219 2,351 10,727
Accounts payable, accrued expenses and other liabilities 12,631 13,585 21,134 21,074 34,669
Dividends payable 7,806 9,282 11,727 15,938 21,034
Acquired lease intangible liabilities, net 3,387 9,130 18,067 52,727 56,151
Tenant security deposits 11,539 15,187 19,521 23,262 27,688
Prepaid rents 2,846 3,455 6,267 6,539 7,759
Liabilities associated with real estate held for sale NA 0 243 0 135
Total Liabilities 459,507 552,868 746,119 879,262 1,015,851

Equity

Rexford Industrial Realty, Inc. stockholders' equity
Preferred stock
5.875% series A cumulative redeemable preferred stock 0 86,651 86,651 86,651 86,651
5.875% series B cumulative redeemable preferred stock NA 0 73,062 72,443 72,443
5.625% series C cumulative redeemable preferred stock NA NA NA 0 83,435
Common Stock 553 662 782 966 1,106
Additional paid in capital 722,722 907,834 1,239,810 1,798,113 2,306,282
Cumulative distributions in excess of earnings (48,103) (59,277) (67,058) (88,341) (117,711)
Accumulated other comprehensive (loss) income (3,033) 3,445 6,799 6,262 (10,132)
Total stockholders' equity 672,139 939,315 1,340,046 1,876,094 2,422,074
Noncontrolling interests 21,605 22,825 25,208 32,329 64,469
Total Equity 693,744 962,140 1,365,254 1,908,423 2,486,543
Total Liabilities and Equity 1,153,251 1,515,008 2,111,373 2,787,685 3,502,394
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.