Total revenues rose 16.4% to $168.7M in the third quarter, but net income attributable to stockholders fell 8.3% to $60.2M, which included a loss on debt extinguishment of $138,000.

Filed October 21, 2026 · Period ending September 30, 2026 · Compared to 10-Q Oct 22, 2025 · ~1 min read

Key Changes

• high

  Provision for impairment of real estate rose to $15.0M in the third quarter from $1.4M a year earlier, with impairments recorded on eight properties versus three.

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• medium

  Total revenues increased 16.4% to $168.7M in the third quarter, and rental revenue grew 15.5% to $157.8M.

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• low

  The company recorded a loss on debt extinguishment of $138,000 in the third quarter from writing off deferred financing costs when it fully repaid its 2027 Term Loan.

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