Detail akcie Innov Ind REIT-A Rg online

Business Summary: Innovative Industrial Properties, Inc. is an internally managed real estate investment trust (REIT). The Company is focused on the acquisition, ownership and management of specialized industrial properties leased to state-licensed operators for their regulated cannabis facilities. The Company is engaged in the business of providing real estate for the regulated cannabis industry. It acquires its properties through sale-leaseback transactions and third-party purchases. The Company owns approximately d 108 properties comprising an aggregate of approximately 8.9 million rentable square feet (including approximately 1.4 million rentable square feet under development/redevelopment) in Arizona, California, Colorado, Florida, Illinois, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nevada, New Jersey, New York, North Dakota, Ohio, Pennsylvania, Texas, Virginia, and Washington. Its subsidiaries include IIP-AZ 1 LLC, IIP-AZ 2 LLC, IIP-AZ 3 LLC, IIP-CA 2 LP, and IIP-CA 1 LP.
Financial Summary: BRIEF: For the three months ended 31 March 2024, Innovative Industrial Properties Inc revenues decreased 1% to $75.5M. Net income applicable to common stockholders decreased 5% to $38.5M. Revenues reflect NAREIT FFO - Per Share - Diluted - Total decrease of 4% to $1.98. Net income also reflects Interest income decrease of 20% to $1.8M (income), Depreciation and amortization expense increase of 3% to $17.2M (expense).