Jernigan capital, inc. (JCAP)
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'14
Assets:
Cash and cash equivalents

7,341

3,278

6,961

4,169

3,860

8,715

42,624

43,331

15,238

46,977

54,999

100,529

28,252

67,373

13,009

15,024

28,801

43,859

68,980

-

-

1

Cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

88,444

1

-

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

106

15

15

Development property investments at fair value

427,435

549,684

508,887

476,889

405,999

373,564

335,509

302,245

239,754

228,233

188,540

163,979

117,936

95,102

84,986

65,002

47,223

40,222

29,067

-

-

0

Bridge investments at fair value

-

-

-

89,478

87,046

84,383

81,862

79,581

77,435

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating property loans at fair value

-

-

-

-

-

-

2,440

5,862

5,885

5,938

5,990

8,790

9,965

9,905

15,090

15,035

20,178

19,600

9,536

-

-

0

Self-storage real estate owned, net

384,424

230,844

232,822

106,083

106,371

96,202

71,529

59,835

60,459

15,355

15,594

-

-

-

-

-

-

-

-

-

-

-

Investment in and advances to self-storage real estate venture

6,113

11,247

11,027

12,416

12,360

14,155

14,401

14,846

14,759

13,856

12,573

14,314

10,812

5,373

2,883

9,127

7,919

0

-

-

-

-

Self-storage real estate owned

-

-

-

-

-

-

-

-

-

-

-

7,283

7,350

-

-

-

-

-

-

-

-

-

Other loans, at cost

219

4,713

4,417

4,576

5,025

4,835

4,818

1,361

1,103

1,313

1,754

6,619

14,826

11,752

6,243

-

-

1,192

-

-

-

-

Deferred financing costs

7,752

4,154

4,090

4,327

4,404

4,619

1,503

1,644

1,565

2,004

3,813

2,305

2,294

2,207

-

-

-

0

-

-

-

-

Deferred offering costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,690

-

-

-

-

-

1,411

-

First mortgages

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14,429

-

-

Mezzanine loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,424

-

-

Other investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

881

-

-

Interest receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

68

32

-

-

Prepaid expenses and other assets

7,925

8,654

7,813

5,129

5,348

3,702

1,327

975

884

776

734

1,119

809

868

727

5,816

2,128

293

98

-

-

0

Fixed assets, net

200

203

216

225

219

233

215

180

170

182

196

189

185

199

198

229

245

261

180

-

-

0

Other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

86

-

-

Total assets

841,409

812,777

776,233

703,292

630,632

590,408

556,228

509,860

417,252

314,634

284,193

305,127

192,429

192,779

125,826

110,233

106,494

105,427

107,929

110,402

1,427

16

Liabilities:
Senior loan participation

-

-

-

-

-

-

-

-

732

718

668

20,147

19,299

18,582

17,521

5,049

-

0

-

-

-

-

Secured revolving credit facility

198,000

162,000

125,000

62,900

27,000

-

0

0

30,000

-

0

-

-

-

-

-

-

-

-

-

-

-

Term loans, net of unamortized costs

40,851

40,791

40,735

33,711

33,716

24,609

24,578

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Due to Manager

0

3,164

2,749

2,453

2,267

3,334

2,309

1,887

1,405

1,484

1,438

1,027

839

1,008

579

636

674

698

516

-

-

0

Due to Manager

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

698

-

-

Accounts payable, accrued expenses and other liabilities

7,703

4,817

5,392

4,526

2,612

2,402

2,235

2,916

3,155

1,138

1,035

2,399

1,040

697

796

833

2,602

808

798

416

-

15

Dividends payable

10,751

13,131

12,940

12,847

12,236

12,199

11,567

11,319

8,652

5,474

5,293

5,160

3,695

4,130

2,087

2,087

2,157

2,157

2,157

2,139

-

0

Customer Due Diligence Deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15

-

Organization Costs Due to Manager

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

146

-

Accrued Expenses (of which $96,925 is due to Manager)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,411

-

Total liabilities

257,305

223,903

186,816

116,437

77,831

42,544

40,689

16,122

43,944

8,814

8,434

28,733

24,873

24,417

20,983

8,605

5,433

3,663

3,471

3,253

1,573

15

Equity:
Preferred stock

-

-

-

-

-

-

-

-

-

-

9,445

9,445

9,446

9,448

0

0

0

0

0

0

-

0

Common stock, $0.01 par value, 500,000,000 shares authorized at March 31, 2020 and December 31, 2019; 23,271,859 and 22,423,283 issued and outstanding at March 31, 2020 and December 31, 2019, respectively

232

224

222

221

205

204

193

192

144

144

142

142

90

90

60

60

62

62

62

61

0

0

Additional paid-in capital

450,318

426,129

422,240

419,760

389,431

386,394

364,108

361,636

277,194

276,814

272,726

272,525

163,772

162,664

108,982

108,674

110,809

110,634

110,496

110,364

0

1

Accumulated deficit

-68,417

-5,021

1,645

3,630

1,605

1,728

-8,324

-12,721

-12,199

-8,902

-6,554

-5,718

-5,752

-3,840

-4,199

-7,106

-10,431

-9,396

-6,408

-3,426

-146

0

Accumulated other comprehensive income (loss)

-1,002

-393

-500

-441

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Jernigan Capital, Inc. stockholders' equity

551,191

588,874

-

-

-

-

515,539

493,738

373,308

-

-

-

-

-

104,843

101,628

100,440

101,300

104,150

106,999

-145

1

Non-controlling interests

32,913

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

621

464

308

150

-

0

Total equity

584,104

588,874

589,417

586,855

552,801

547,864

-

-

-

305,820

275,759

276,394

167,556

168,362

104,843

101,628

101,061

101,764

104,458

107,149

-

1

Total liabilities and equity

841,409

812,777

776,233

703,292

630,632

590,408

556,228

509,860

417,252

314,634

284,193

305,127

192,429

192,779

125,826

110,233

106,494

105,427

107,929

110,402

1,427

16

Series A Preferred Stock [Member]
Preferred stock

132,762

130,637

128,512

126,387

124,262

122,137

-

-

-

37,764

-

-

-

-

-

-

-

-

-

-

-

-

Total equity

132,762

130,637

128,512

126,387

124,262

122,137

-

-

-

37,764

-

-

-

-

-

-

-

-

-

-

-

-

Series B Preferred Stock [Member]
Preferred stock

37,298

37,298

37,298

37,298

37,298

37,401

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total equity

37,298

37,298

37,298

37,298

37,298

37,401

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-