As Reported Financials

Source Document Currency Code (in thousands) 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 6/30/2018 USD 2018 Q2 YTD 6/30/2018 USD
Source Document Currency Code 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 6/30/2018 USD 2018 Q2 YTD 6/30/2018 USD

ASSETS

Land 368,033 492,704 683,919 997,588 1,199,633
Buildings and improvements 530,191 650,075 811,614 1,079,746 1,229,100
Tenant improvements 21,404 28,977 38,644 49,692 53,531
Furniture, fixtures and equipment 188 188 174 167 151
Construction in progress 10,646 16,822 17,778 34,772 44,631
Total real estate held for investment 930,462 1,188,766 1,552,129 2,161,965 2,527,046
Accumulated depreciation (76,884) (103,623) (135,140) (173,541) (200,006)
Investments in real estate, net 853,578 1,085,143 1,416,989 1,988,424 2,327,040
Cash and cash equivalents 8,606 5,201 15,525 6,620 162,704
Note receivable, net 13,137 0 5,934 NA NA
Restricted cash NA NA 0 250 0
Rents and other receivables, net 1,812 3,040 2,749 3,664 3,920
Deferred rent receivable, net 5,165 7,827 11,873 15,826 19,432
Deferred leasing costs, net 3,608 5,331 8,672 12,014 12,600
Deferred loan costs, net 2,045 1,445 847 1,930 1,621
Acquired lease intangible assets, net 28,136 30,383 36,365 49,239 57,054
Acquired indefinite-lived intangible 5,271 5,271 5,170 5,156 5,156
Interest rate swap asset NA 0 5,594 7,193 13,036
Other assets 4,699 5,523 5,290 6,146 8,216
Investment in unconsolidated real estate entities 4,018 4,087 NA NA NA
Acquisition related deposits 2,110 NA 0 2,475 1,600
Assets associated with real estate held for sale NA NA 0 12,436 0
Total Assets 932,185 1,153,251 1,515,008 2,111,373 2,612,379

LIABILITIES & EQUITY

Liabilities

Notes payable 356,362 418,154 500,184 668,941 757,064
Interest rate swap liability 1,402 3,144 2,045 219 0
Accounts payable, accrued expenses and other liabilities 10,053 12,631 13,585 21,134 19,683
Dividends payable 5,244 7,806 9,282 11,727 14,952
Acquired lease intangible liabilities, net 3,016 3,387 9,130 18,067 53,939
Tenant security deposits 8,768 11,539 15,187 19,521 20,534
Prepaid rents 1,463 2,846 3,455 6,267 6,374
Liabilities associated with real estate held for sale NA NA 0 243 0
Total Liabilities 386,308 459,507 552,868 746,119 872,546

Equity

Rexford Industrial Realty, Inc. stockholders' equity
5.875% series A cumulative redeemable preferred stock NA 0 86,651 86,651 86,651
5.875% series B cumulative redeemable preferred stock NA NA 0 73,062 72,443
Common Stock 434 553 662 782 908
Additional paid in capital 542,318 722,722 907,834 1,239,810 1,614,650
Cumulative distributions in excess of earnings (21,673) (48,103) (59,277) (67,058) (76,926)
Accumulated other comprehensive income (1,331) (3,033) 3,445 6,799 12,753
Total stockholders' equity 519,748 672,139 939,315 1,340,046 1,710,479
Noncontrolling interests 26,129 21,605 22,825 25,208 29,354
Total Equity 545,877 693,744 962,140 1,365,254 1,739,833
Total Liabilities and Equity 932,185 1,153,251 1,515,008 2,111,373 2,612,379
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.