Essential properties realty trust, inc. (EPRT)
Balance Sheet / Yearly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Dec'17
ASSETS
Investments:
Real estate investments, at cost:
Land and improvements

632

588

547

502

451

420

392

355

278

Building and improvements

1,317

1,224

1,117

1,038

956

885

828

748

584

Lease incentives

5

4

4

4

4

2

2

2

2

Construction in progress

11

12

10

7

2

1

3

11

4

Intangible lease assets

80

78

74

74

69

66

64

64

62

Total real estate investments, at cost

2,000

1,900

1,755

1,627

1,484

1,377

1,292

1,181

932

Less: accumulated depreciation and amortization

100

90

79

69

60

51

43

36

24

Total real estate investments, net

1,947

1,818

1,675

1,558

1,424

1,325

1,249

1,144

907

Loans and direct financing lease receivables, net

99

92

62

30

11

17

13

6

2

Real estate investments held for sale, net

1

1

-

2

3

0

1

7

4

Net investments

2,048

1,912

1,738

1,591

1,439

1,342

1,263

1,158

914

Cash and cash equivalents

192

8

23

7

109

4

73

131

7

Restricted cash

21

13

2

10

4

12

0

8

12

Straight-line rent receivable, net

29

25

22

19

16

14

11

9

5

Prepaid expenses and other assets, net

14

15

18

14

10

7

6

5

3

Total assets

2,305

1,975

1,805

1,643

1,580

1,380

1,354

1,312

942

LIABILITIES AND EQUITY
Secured borrowings, net of deferred financing costs

173

235

305

306

504

506

507

508

511

Unsecured term loans, net of deferred financing costs

625

445

199

199

-

0

-

-

-

Notes payable to related party

-

-

-

-

-

-

0

0

230

Revolving credit facility

65

46

155

67

0

34

-

-

-

Intangible lease liabilities, net

9

9

9

9

10

11

11

12

12

Intangible lease liabilities held for sale, net

-

-

-

-

-

-

0

0

0

Dividend payable

21

19

17

16

16

13

14

-

-

Accrued liabilities and other payables

54

17

17

13

10

4

6

6

6

Total liabilities

949

773

704

612

541

569

540

527

760

Commitments and contingencies (see Note 11)

0

0

0

0

0

0

0

0

-

Stockholders' equity:
Preferred stock, $0.01 par value; 150,000,000 authorized; none issued and outstanding as of March 31, 2020 and December 31, 2019

0

0

0

0

0

0

0

0

-

Common stock, $0.01 par value; 500,000,000 authorized; 91,949,849 and 83,761,151 issued and outstanding as of March 31, 2020 and December 31, 2019, respectively

0

0

0

0

0

0

0

0

-

Additional paid-in capital

1,422

1,223

1,120

806

805

569

568

531

-

Distributions in excess of cumulative earnings

-34

-27

-22

-18

-13

-7

-4

0

-

Accumulated other comprehensive loss

-39

-1

-5

-2

-

0

-

-

-

Total stockholders' equity

1,348

1,194

1,093

785

792

562

564

532

181

Non-controlling interests

7

7

7

244

247

248

250

252

-

Total equity

1,355

1,202

1,101

1,030

1,039

811

814

784

181

Total liabilities and equity

2,305

1,975

1,805

1,643

1,580

1,380

1,354

1,312

942

Class A Units
Members' equity value

-

-

-

-

-

-

-

-

86

Class B Units
Members' equity value

-

-

-

-

-

-

-

-

0

Class C Units
Members' equity value

-

-

-

-

-

-

-

-

94

Class D Units
Members' equity value

-

-

-

-

-

-

-

-

0