Alexandria real estate equities, inc. (ARE)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Dec'09
Assets
Investments in real estate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,892

-

6,635

6,534

6,145

6,060

4,162

3,979

3,903

Less: accumulated depreciation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

779

-

710

679

647

616

588

562

520

Investments in real estate

15,832

14,844

13,618

12,872

12,410

11,913

11,587

11,190

10,671

10,298

10,046

9,819

9,470

9,077

7,939

7,774

7,741

7,629

7,654

7,442

7,388

7,108

7,197

7,030

6,930

6,776

6,613

6,453

6,375

6,424

6,300

6,208

6,113

6,008

-

-

-

5,444

3,574

3,416

3,383

Land held for future development

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

306

309

255

Construction in progress

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,356

1,394

1,400

Investments in unconsolidated real estate joint ventures

325

346

340

334

290

237

197

192

169

110

33

58

50

50

133

132

127

127

-

-

-

117

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

35

35

-

Investments in real estate, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,925

5,855

5,498

-

5,273

5,155

5,039

Cash and cash equivalents

445

189

410

198

261

234

204

287

221

254

118

124

151

125

157

256

146

125

76

68

90

86

67

61

74

57

53

302

87

140

94

80

77

78

73

60

78

91

110

73

70

Restricted cash

43

53

42

39

54

37

29

34

37

22

27

20

18

16

16

13

14

28

36

44

56

26

24

24

30

27

30

30

30

39

44

41

39

23

27

23

30

28

35

37

47

Tenant receivables

14

10

10

9

9

9

11

8

11

10

9

8

9

9

9

9

9

10

10

9

10

10

10

10

10

9

8

7

9

8

10

6

8

7

6

4

7

5

4

3

3

Deferred rent

663

641

615

585

558

530

511

490

467

434

402

383

364

335

318

303

293

280

267

257

243

234

225

214

202

190

182

177

170

170

160

155

150

142

132

125

123

116

108

102

96

Deferred leasing costs

269

270

252

247

241

239

238

232

226

221

208

201

202

195

191

191

192

192

222

210

199

201

199

193

192

192

179

164

159

160

152

151

143

135

-

-

-

89

-

-

-

Equity Securities, FV-NI and without Readily Determinable Fair Value

1,100

1,140

990

1,057

1,000

892

957

790

724

523

485

424

394

342

320

360

316

353

330

360

283

236

177

174

169

140

129

122

123

115

107

104

98

95

88

88

88

83

80

77

72

Other Assets

983

893

777

694

653

370

368

333

291

228

213

205

206

201

206

104

130

133

138

131

133

114

117

105

145

134

159

120

135

90

94

93

86

82

200

184

157

46

134

115

126

Assets

19,701

18,390

17,058

16,039

15,480

14,464

14,105

13,562

12,821

12,103

11,545

11,245

10,868

10,354

9,293

9,144

8,971

8,881

8,737

8,524

8,405

8,136

8,020

7,815

7,756

7,529

7,358

7,379

7,090

7,150

6,965

6,841

6,718

6,574

6,455

6,343

5,983

5,905

5,748

5,565

5,457

Liabilities, Noncontrolling Interests, and Equity
Secured notes payable

347

349

351

354

356

630

632

776

775

771

1,153

1,127

1,083

1,011

789

722

816

809

773

771

760

652

636

615

597

708

708

711

730

716

719

719

721

724

760

774

787

790

841

859

937

Unsecured senior notes payable

6,736

6,044

6,042

5,140

5,139

4,292

4,290

4,289

3,396

3,395

2,801

2,800

2,799

2,378

2,377

2,376

2,031

2,030

1,747

1,747

1,747

1,747

1,747

1,048

1,048

1,048

1,048

1,048

549

549

549

549

549

84

-

-

-

-

-

-

-

Long-term Line of Credit

221

384

343

514

0

208

413

0

490

50

314

300

0

28

416

72

299

151

843

624

421

304

142

571

506

204

14

0

554

566

413

379

167

370

814

-

-

748

-

-

-

Unsecured senior bank term loans

-

-

0

347

347

347

347

548

548

547

547

547

547

746

746

945

944

944

950

950

975

975

975

1,100

1,100

1,100

1,100

1,200

1,350

1,350

1,350

1,350

1,350

1,600

1,000

1,575

1,679

750

1,304

1,446

1,226

Accounts Payable and Accrued Liabilities

1,352

1,320

1,241

1,157

1,171

981

907

849

783

763

740

734

782

731

605

593

628

589

586

531

645

489

504

434

443

435

452

368

367

423

376

348

323

325

330

300

283

304

294

300

282

Unsecured senior convertible notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

-

84

203

202

295

374

378

583

Dividends payable

129

126

115

114

110

110

101

98

93

92

83

81

78

76

66

67

64

62

61

61

58

58

57

57

55

54

54

52

43

41

39

38

36

36

35

34

31

31

25

23

21

Preferred stock redemption liability

-

-

-

-

-

-

-

-

-

-

-

-

130

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

129

-

-

-

-

-

-

-

-

Liabilities

8,787

8,224

8,094

7,628

7,125

6,570

6,692

6,562

6,087

5,620

5,640

5,591

5,422

4,972

5,000

4,777

4,784

4,587

4,962

4,685

4,608

4,226

4,063

3,826

3,751

3,550

3,377

3,379

3,595

3,647

3,448

3,385

3,279

3,141

3,024

2,887

2,983

2,919

2,839

3,008

3,051

Commitments and contingencies

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

-

-

0

-

-

-

Temporary Equity, Carrying Amount, Including Portion Attributable to Noncontrolling Interests

12

12

12

10

10

10

10

10

10

11

11

11

11

11

9

9

14

14

14

14

14

14

14

14

14

14

14

14

14

14

15

15

15

16

15

15

15

15

15

17

41

Alexandria Real Estate Equities, Inc.’s stockholders’ equity:
Retained earnings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

7.00% Series D cumulative convertible preferred stock, $0.01 par value per share, 10,000,000 shares authorized; 0 and 2,573,432 shares issued and outstanding as of December 31, 2019 and 2018, respectively; $25 liquidation value per share

-

-

57

57

57

64

74

74

74

74

74

74

74

86

161

188

213

237

237

237

237

237

250

250

250

250

250

250

250

250

250

250

250

-

250

250

-

250

-

250

-

6.45% Series E cumulative redeemable preferred stock, $0.01 par value per share, 5,200,000 shares authorized; 0 and 5,200,000 shares issued and outstanding as of December 31, 2017 and 2016, respectively; $25 liquidation value per share

-

-

-

-

-

-

-

-

-

-

0

0

0

130

130

130

130

130

130

130

130

130

130

130

130

130

130

130

130

130

-

-

-

-

129

129

-

129

-

129

-

Common stock

1

1

1

1

1

1

1

1

1

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Additional paid-in capital

9,336

8,874

7,743

7,581

7,518

7,286

6,801

6,387

6,117

5,824

5,287

5,059

4,855

4,672

3,649

3,693

3,529

3,558

3,356

3,371

3,383

3,461

3,523

3,542

3,560

3,572

3,578

3,596

3,075

3,086

3,094

3,053

3,022

3,028

3,025

3,024

2,568

2,566

2,504

2,158

1,977

Accumulated Other Comprehensive Income (Loss), Net of Tax

-15

-9

-11

-11

-10

-10

-3

-2

1

50

43

22

21

5

-31

8

-8

49

35

83

29

-0

-28

-16

-18

-36

-40

-39

-22

-24

-19

-37

-23

-34

-32

-6

-7

-18

-33

-40

-33

Stockholders' Equity Attributable to Parent

9,322

8,865

7,790

7,629

7,566

7,341

6,872

6,460

6,194

5,949

5,406

5,157

4,952

4,895

3,910

4,021

3,865

3,975

3,759

3,822

3,780

3,828

3,875

3,906

3,922

3,916

3,919

3,937

3,433

3,441

3,455

3,396

3,379

3,374

3,373

3,398

2,942

2,928

2,851

2,498

2,323

Stockholders' Equity Attributable to Noncontrolling Interest

1,579

1,288

1,161

771

777

541

529

528

528

521

486

485

482

475

373

336

307

304

1

1

2

66

67

67

67

47

47

47

47

46

45

44

43

42

41

41

41

41

41

41

41

Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest

10,902

10,154

8,951

8,400

8,344

7,883

7,402

6,989

6,723

6,471

5,893

5,643

5,435

5,370

4,283

4,358

4,173

4,279

3,760

3,824

3,782

3,895

3,942

3,974

3,990

3,964

3,966

3,984

3,480

3,488

3,501

3,440

3,423

3,416

3,414

3,439

2,983

2,970

2,892

2,540

2,364

Liabilities and Equity

19,701

18,390

17,058

16,039

15,480

14,464

14,105

13,562

12,821

12,103

11,545

11,245

10,868

10,354

9,293

9,144

8,971

8,881

8,737

8,524

8,405

8,136

8,020

7,815

7,756

7,529

7,358

7,379

7,090

7,150

6,965

6,841

6,718

6,574

6,455

6,343

5,983

5,905

5,748

5,565

5,457