v3.26.1
CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
ASSETS    
Land $ 7,104,413 $ 7,689,921
Buildings and improvements 4,541,066 4,677,318
Tenant improvements 206,540 198,161
Furniture, fixtures and equipment 132 132
Construction in progress 324,365 451,109
Total real estate held for investment 12,176,516 13,016,641
Accumulated depreciation (1,163,226) (1,165,792)
Investments in real estate, net 11,013,290 11,850,849
Cash and cash equivalents 32,226 165,778
Loan receivable, net 123,934 123,704
Rents and other receivables, net 12,132 13,958
Deferred rent receivable, net 210,474 190,376
Deferred leasing costs, net 90,864 87,745
Deferred loan costs, net 5,877 6,886
Acquired lease intangible assets, net 114,489 140,627
Acquired indefinite-lived intangible asset 5,156 5,156
Interest rate swap assets 9,247 2,025
Other assets 16,987 25,609
Total Assets 11,634,676 12,612,713
Liabilities    
Notes payable 3,263,724 3,251,909
Interest rate swap liability 3 829
Accounts payable, accrued expenses and other liabilities 99,101 120,849
Dividends and distributions payable 100,960 103,399
Acquired lease intangible liabilities, net 105,856 116,487
Tenant security deposits 92,386 92,444
Tenant prepaid rents 79,518 88,777
Total Liabilities 3,741,548 3,774,694
Rexford Industrial Realty, Inc. stockholders’ equity    
Common Stock, $0.01 par value per share, 489,950,000 authorized and 222,989,057 and 231,580,135 shares outstanding at June 30, 2026 and December 31, 2025, respectively 2,230 2,316
Additional paid-in capital 8,631,341 8,945,123
Cumulative distributions in excess of earnings (1,255,153) (642,130)
Accumulated other comprehensive income (loss) 7,473 (422)
Total stockholders’ equity 7,541,567 8,460,563
Noncontrolling interests 351,561 377,456
Total Equity 7,893,128 8,838,019
Total Liabilities and Equity 11,634,676 12,612,713
5.875% Series B Cumulative Redeemable 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
5.625% Series C Cumulative Redeemable 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