v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues        
Rental revenues $ 17,809 $ 17,547 $ 35,785 $ 33,790
Interest income on mortgage loans 196 7 405 7
Total revenues 18,005 17,554 36,190 33,797
Operating expenses        
Depreciation and amortization 8,229 9,466 15,901 17,271
Property operating expenses 2,273 2,714 4,603 5,090
General and administrative expenses 3,807 3,279 7,458 6,118
Total operating expenses 14,309 15,459 27,962 28,479
Other expenses (income)        
Interest expense 4,191 4,647 8,404 9,144
Gain on sale of real estate (2,262) (1,194) (3,225) (1,661)
Impairment loss 156 2,978 968 3,406
Income taxes 94 194 164 296
Total other expenses 2,179 6,625 6,311 11,185
Net income (loss) 1,517 (4,530) 1,917 (5,867)
Net income (loss) attributable to non-controlling interests 285 (1,629) 365 (2,133)
Net income (loss) attributable to FrontView REIT, Inc. 1,232 (2,901) 1,552 (3,734)
Series A Convertible Preferred Stock dividends (422)   (661)  
Net income (loss) attributable to common stockholders $ 810 $ (2,901) $ 891 $ (3,734)
Weighted average number of common shares outstanding used in earnings per share        
Basic 22,831,250 19,136,225 22,556,120 18,229,095
Diluted 23,114,693 19,136,225 22,870,767 18,229,095
Earnings per share attributable to common stockholders        
Basic $ 0.03 $ (0.16) $ 0.03 $ (0.22)
Diluted $ 0.03 $ (0.16) $ 0.03 $ (0.22)
Comprehensive income (loss)        
Net income (loss) $ 1,517 $ (4,530) $ 1,917 $ (5,867)
Other comprehensive income (loss)        
Change in fair value of interest rate swaps 1,912 (1,332) 3,969 (1,511)
Realized loss on interest rate swaps     (50)  
Comprehensive income (loss) 3,429 (5,862) 5,836 (7,378)
Comprehensive income (loss) attributable to non-controlling interests 643 (2,108) 1,126 (2,679)
Comprehensive income (loss) attributable to FrontView REIT, Inc. $ 2,786 $ (3,754) $ 4,710 $ (4,699)