As Reported Financials

Source Document Currency Code (in thousands) 2013 Y 12/31/2014 USD 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 9/30/2017 USD 2017 Q3 YTD 9/30/2017 USD
Source Document Currency Code 2013 Y 12/31/2014 USD 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 9/30/2017 USD 2017 Q3 YTD 9/30/2017 USD

ASSETS

Land 216,078 368,033 492,704 683,919 925,360
Buildings and improvements 311,118 530,191 650,075 811,614 1,051,037
Tenant improvements 13,239 21,404 28,977 38,644 47,663
Furniture, fixtures and equipment 188 188 188 174 167
Construction in progress NA 10,646 16,822 17,778 33,158
Total real estate held for investment 540,623 930,462 1,188,766 1,552,129 2,057,385
Accumulated depreciation (58,950) (76,884) (103,623) (135,140) (165,385)
Investments in real estate, net 481,673 853,578 1,085,143 1,416,989 1,892,000
Cash and cash equivalents 8,997 8,606 5,201 15,525 12,918
Restricted cash 325 NA NA NA NA
Note receivable, net 13,139 13,137 0 5,934 0
Rents and other receivables, net 917 1,812 3,040 2,749 3,040
Deferred rent receivable, net 3,637 5,165 7,827 11,873 14,929
Deferred leasing costs, net 2,153 3,608 5,331 8,672 10,756
Deferred loan costs, net 1,597 2,045 1,445 847 2,084
Acquired lease intangible assets, net 13,508 28,136 30,383 36,365 49,147
Acquired indefinite-lived intangible 5,271 5,271 5,271 5,170 5,156
Interest rate swap asset NA NA 0 5,594 4,752
Other assets 2,309 4,699 5,523 5,290 7,144
Acquisition related deposits 1,510 2,110 NA 0 1,075
Investment in unconsolidated real estate entities 5,687 4,018 4,087 NA NA
Assets associated with real estate held for sale 13,952,000 NA NA NA NA
Total Assets 554,675 932,185 1,153,251 1,515,008 2,003,001

LIABILITIES & EQUITY

Liabilities

Notes payable 192,491 356,362 418,154 500,184 664,209
Interest rate swap liability NA 1,402 3,144 2,045 785
Accounts payable, accrued expenses and other liabilities 5,783 10,053 12,631 13,585 22,190
Dividends payable 5,368 5,244 7,806 9,282 11,580
Acquired lease intangible liabilities, net 1,143 3,016 3,387 9,130 18,147
Tenant security deposits 6,099 8,768 11,539 15,187 19,149
Prepaid rents 1,426 1,463 2,846 3,455 5,738
Liabilities associated with real estate held for sale 596,000 NA NA NA NA
Total Liabilities 212,906 386,308 459,507 552,868 741,798

Equity

Rexford Industrial Realty, Inc. stockholders' equity
Preferred stock NA NA 0 86,651 86,651
Common Stock 255 434 553 662 773
Additional paid in capital 311,936 542,318 722,722 907,834 1,213,123
Cumulative distributions in excess of earnings (5,993) (21,673) (48,103) (59,277) (67,578)
Accumulated other comprehensive income 0 (1,331) (3,033) 3,445 3,870
Total stockholders' equity 306,198 519,748 672,139 939,315 1,236,839
Noncontrolling interests 35,571 26,129 21,605 22,825 24,364
Total Equity 341,769 545,877 693,744 962,140 1,261,203
Total Liabilities and Equity 554,675 932,185 1,153,251 1,515,008 2,003,001
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.