v3.26.1
Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues        
Rental income $ 89,659 $ 80,367 $ 178,252 $ 155,913
Asset management income 697 622 1,343 1,244
Total revenues 92,417 84,234 183,962 162,909
Expenses        
Property operating 20,007 19,210 40,543 37,009
Real estate taxes 9,072 8,486 17,604 16,443
Depreciation and amortization 32,158 28,534 65,379 55,331
Acquisition costs 553 362 1,202 669
Corporate general and administrative 8,953 6,807 17,448 13,022
Recovery of credit losses (313) (539) (117) (777)
Total expenses 70,430 62,860 142,059 121,697
Other income (expense)        
Income from unconsolidated real estate venture 1,594 1,840 3,258 3,662
Interest expense, net (20,423) (18,960) (40,589) (37,337)
Net income 3,158 4,254 4,572 7,537
Non-controlling interest in Operating Partnership (108) (183) (157) (339)
Net income available to Easterly Government Properties, Inc. $ 3,050 $ 4,071 $ 4,415 $ 7,198
Net income available to Easterly Government Properties, Inc. per share:        
Basic $ 0.06 $ 0.09 $ 0.08 $ 0.16
Diluted $ 0.06 $ 0.09 $ 0.08 $ 0.15
Weighted-average common shares outstanding        
Basic 46,463,199 45,011,585 46,362,418 44,122,803
Diluted 46,699,118 45,111,753 46,577,709 44,230,123
Dividends declared per common share $ 0.45 $ 0.45 $ 0.9 $ 1.11
Tenant Reimbursements [Member]        
Revenues        
Total revenues $ 345 $ 1,895 $ 1,149 $ 2,921
Other Income [Member]        
Revenues        
Total revenues $ 1,716 $ 1,350 $ 3,218 $ 2,831