v3.25.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
ASSETS    
Land $ 7,689,921 $ 7,822,290
Buildings and improvements 4,677,318 4,611,987
Tenant improvements 198,161 188,217
Furniture, fixtures, and equipment 132 132
Construction in progress 451,109 333,690
Total real estate held for investment 13,016,641 12,956,316
Accumulated depreciation (1,165,792) (977,133)
Investments in real estate, net 11,850,849 11,979,183
Cash and cash equivalents 165,778 55,971
Loan receivable, net 123,704 123,244
Rents and other receivables, net 13,958 15,772
Deferred rent receivable, net 190,376 161,693
Deferred leasing costs, net 87,745 67,827
Deferred loan costs, net 6,886 1,999
Acquired lease intangible assets, net 140,627 201,467
Acquired indefinite-lived intangible asset 5,156 5,156
Interest rate swap assets 2,025 8,942
Other assets 25,609 26,964
Total Assets 12,612,713 12,648,218
Liabilities    
Notes payable 3,251,909 3,345,962
Interest rate swap liability 829 0
Accounts payable, accrued expenses and other liabilities 120,849 149,707
Dividends and distributions payable 103,399 97,823
Acquired lease intangible liabilities, net 116,487 147,473
Tenant security deposits 92,444 90,698
Tenant prepaid rents 88,777 90,576
Total Liabilities 3,774,694 3,922,239
Rexford Industrial Realty, Inc. stockholders’ equity    
Common Stock, $0.01 par value per share, 489,950,000 authorized and 231,580,135 and 225,285,011 shares outstanding at December 31, 2025 and December 31, 2024, respectively 2,316 2,253
Additional paid-in capital 8,945,123 8,601,276
Cumulative distributions in excess of earnings (642,130) (441,881)
Accumulated other comprehensive (loss) income (422) 6,746
Total stockholders’ equity 8,460,563 8,324,070
Noncontrolling interests 377,456 401,909
Total Equity 8,838,019 8,725,979
Total Liabilities and Equity 12,612,713 12,648,218
Series B Preferred Stock    
Rexford Industrial Realty, Inc. stockholders’ equity    
Preferred stock, $0.01 par value per share, 10,050,000 shares authorized: 72,443 72,443
Series C Preferred Stock    
Rexford Industrial Realty, Inc. stockholders’ equity    
Preferred stock, $0.01 par value per share, 10,050,000 shares authorized: $ 83,233 $ 83,233