Rexford Industrial Realty, Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $126.2m $161.4m $212.5m $406k $420k $468k $616k $682k $611k $589k
Revenues:
Revenue from Contract with Customer, Including Assessed Tax $473k
Operating Expenses $102.4m $128.6m $156.9m $192.5m
Additional Financial Items
Income (Loss) from Equity Method Investments $1.5m $11k $0 $0
Operating Lease, Lease Income $264.3m $329.4m $451.7m $630.6m $791.4m $922.1m $980.4m
Gains (Losses) on Sales of Investment Real Estate $17.4m $29.6m $17.2m $16.3m $13.6m $33.9m $8.5m $19.0m $18.0m $106.0m
Interest Income, Operating $459k $445k $1.4m $2.6m $338k $37k $10k $5.8m $13.7m $22.2m
Other Operating Income $880k
Preferred Stock Dividends, Income Statement Impact $2.0m $5.9m $9.7m $11.1m $14.5m $12.6m $9.3m $9.3m $9.3m $9.3m
Sales-type Lease, Selling Profit (Loss) $3.8m $0 $0
Undistributed Earnings (Loss) Allocated to Participating Securities, Basic $302k $410k $378k $447k $509k $568k $845k $1.3m $1.7m $2.6m
Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax $0
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $22.8m
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $25.9m $988k $865k $2.0m $4.5m $8.0m $9.6m $11.6m $12.1m $7.7m
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $0 $988k $865k $2.0m $4.5m $8.0m $9.6m $11.6m $12.1m $7.7m
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent $0
Net Income (Loss) Attributable to Parent $25.1m $40.7m $46.2m $62.0m $76.4m $128.2m $167.6m $238.0m $273.8m $212.0m
Net Income (Loss) Available to Common Stockholders, Basic $22.8m $34.4m $36.1m $50.5m $61.3m $111.8m $157.5m $227.4m $262.9m $200.2m
Net Income (Loss) Attributable to Noncontrolling Interest $750k $988k $865k $2.0m $4.5m $8.0m $9.6m $11.6m $12.1m $7.7m
Earnings Per Share, Basic $0.36 $0.48 $0.42 $0.47 $0.51 $0.80 $0.92 $1.12 $1.20 $0.86
Earnings Per Share, Diluted $0.36 $0.48 $0.41 $0.47 $0.51 $0.80 $0.92 $1.12 $1.20 $0.86
Common Stock, Dividends, Per Share, Declared $0.36 $0.48 $0.42 $0.74 $0.86 $0.96 $1.26 $1.52 $1.67 $1.72
Weighted Average Number of Shares Outstanding, Basic 62.7m 71.2m 86.8m 106.4m 120.9m 139.3m 170.5m 202.9m 218.3m 232.5m
Weighted Average Number of Shares Outstanding, Diluted 63.0m 71.6m 87.3m 106.8m 121.2m 140.1m 171.0m 203.1m 218.5m 232.6m
General and Administrative Expense $17.4m $21.6m $25.2m $30.3m $36.8m $49.0m $64.3m $75.0m $82.2m $78.9m
Interest Expense (non-operating) $104.9m
Business Combination, Acquisition Related Costs $1.9m $454k $318k
Direct Costs of Leased and Rented Property or Equipment $33.6m $42.1m $51.7m $63.3m $79.7m $107.7m $150.5m $184.5m $210.3m $227.7m
Interest Expense $14.8m $20.2m $25.4m $26.9m $30.8m $40.1m $48.5m $61.4m $98.6m $104.9m
Other Cost and Expense, Operating $119.1m $149.3m $182.6m $219.5m $262.8m $349.4m $461.6m $567.2m $668.5m $800.0m
Other Expenses $16.7m $20.7m $25.7m $171k $124k $1.3m $1.6m $1.8m $2.2m $72.6m