Netstreit Investor Presentation Deck
Consolidated Balance Sheets
(unaudited, dollars in thousands, except per share data)
ASSETS
Real estate, at cost:
Land
Buildings and improvements
Total real estate, at cost
Less accumulated depreciation
Property under development
Real estate held for investment, net
Assets held for sale
Mortgage loans receivables, net
Cash, cash equivalents and restricted cash.
Lease intangible assets, net
Other assets, net
Total assets
LIABILITIES AND EQUITY
Liabilities:
Term loans, net
Revolving credit facility
Mortgage note payable, net
Lease intangible liabilities, net
Liabilities related to assets held for sale
Accounts payable, accrued expenses and other liabilities
Total liabilities
Equity:
Stockholders' equity
Common stock, $0.01 par value, 400,000,000 shares authorized; 66,991,597 and 58,031,879 shares issued and
outstanding as of June 30, 2023 and December 31, 2022, respectively
Additional paid-in capital
Distributions in excess of retained earnings
Accumulated other comprehensive income
Total stockholders' equity
Noncontrolling interests
Total equity
Total liabilities and equity
NETSTREIT
$
$
$
$
June 30, 2023
424,821
1,005,884
1,430,705
(80,527)
24,192
1,374,370
37,915
107,758
13,140
158,067
56,508
1,747,758
372,686
106,000
7,896
27,434
83
29,064
543,163
670
$
$
$
1,260,879
(90,329)
24,082
1,195,302
9,293
1,204,595
1,747,758 $
June 30, 2022
401,146
907,084
1,308,230
(62,526)
16,796
1,262,500
23,208
46,378
70,543
151,006
52,057
1,605,692
373,296
113,000
7,896
30,131
406
22,540
547,269
580
1,091,514
(66,937)
23,673
1,048,830
9,593
1,058,423
1,605,692
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