v3.26.3
CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
ASSETS    
Land $ 6,326,663 $ 7,689,921
Buildings and improvements 4,109,826 4,677,318
Tenant improvements 211,910 198,161
Furniture, fixtures and equipment 132 132
Construction in progress 312,737 451,109
Total real estate held for investment 10,961,268 13,016,641
Accumulated depreciation (1,197,110) (1,165,792)
Investments in real estate, net 9,764,158 11,850,849
Cash and cash equivalents 423,590 165,778
Loan receivable, net 124,049 123,704
Rents and other receivables, net 15,540 13,958
Deferred rent receivable, net 206,632 190,376
Deferred leasing costs, net 98,587 87,745
Deferred loan costs, net 5,372 6,886
Acquired lease intangible assets, net 94,937 140,627
Acquired indefinite-lived intangible asset 5,156 5,156
Interest rate swap assets 16,985 2,025
Other assets 31,841 25,609
Total Assets 10,786,847 12,612,713
Liabilities    
Notes payable 2,767,195 3,251,909
Interest rate swap liability 0 829
Accounts payable, accrued expenses and other liabilities 137,943 120,849
Dividends and distributions payable 97,407 103,399
Acquired lease intangible liabilities, net 101,565 116,487
Tenant security deposits 89,204 92,444
Tenant prepaid rents 78,248 88,777
Total Liabilities 3,271,562 3,774,694
Rexford Industrial Realty, Inc. stockholders’ equity    
Common Stock, $0.01 par value per share, 489,950,000 authorized and 214,864,041 and 231,580,135 shares outstanding at September 30, 2026 and December 31, 2025, respectively 2,149 2,316
Additional paid-in capital 8,326,486 8,945,123
Cumulative distributions in excess of earnings (1,333,548) (642,130)
Accumulated other comprehensive income (loss) 14,978 (422)
Total stockholders’ equity 7,165,741 8,460,563
Noncontrolling interests 349,544 377,456
Total Equity 7,515,285 8,838,019
Total Liabilities and Equity 10,786,847 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