As Reported Financials

Source Document Currency Code (in thousands) 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 12/31/2018 USD 2018 Y 12/31/2018 USD
Source Document Currency Code 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 12/31/2018 USD 2018 Y 12/31/2018 USD

ASSETS

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

LIABILITIES & EQUITY

Liabilities

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

Equity

Rexford Industrial Realty, Inc. stockholders' equity
5.875% series A cumulative redeemable preferred stock 0 86,651 86,651 86,651
5.875% series B cumulative redeemable preferred stock NA 0 73,062 72,443
Common Stock 553 662 782 966
Additional paid in capital 722,722 907,834 1,239,810 1,798,113
Cumulative distributions in excess of earnings (48,103) (59,277) (67,058) (88,341)
Accumulated other comprehensive income (3,033) 3,445 6,799 6,262
Total stockholders' equity 672,139 939,315 1,340,046 1,876,094
Noncontrolling interests 21,605 22,825 25,208 32,329
Total Equity 693,744 962,140 1,365,254 1,908,423
Total Liabilities and Equity 1,153,251 1,515,008 2,111,373 2,787,685
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.