Safehold inc. (SAFE)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Dec'16
ASSETS
Real Estate [Abstract]
Real estate, at cost

687,902

687,902

687,902

676,503

672,862

669,923

535,318

484,458

-

413,145

-

-

-

Real Estate Investment Property, Accumulated Depreciation

17,793

16,286

14,779

13,271

11,764

10,257

8,756

7,255

5,754

4,253

2,752

1,251

61,221

Real estate, net

670,109

671,616

673,123

663,232

661,098

659,666

526,562

477,203

450,722

408,892

410,393

405,593

104,478

Real estate-related intangible assets, net

241,171

242,837

244,503

235,457

236,919

262,531

221,090

197,665

183,606

138,725

140,069

131,696

32,680

Total real estate, net and real estate-related intangible assets, net

911,280

914,453

917,626

898,689

898,017

922,197

747,652

674,868

634,328

547,617

550,462

537,289

137,158

Sales-type Lease, Net Investment in Lease

1,028,980

984,598

465,289

-

-

0

-

-

-

-

-

-

-

Ground Lease Receivable

422,217

397,087

73,338

-

-

0

-

-

-

-

-

-

-

Equity investments in Ground Leases

128,123

127,524

21,410

-

-

0

-

-

-

-

-

-

-

Net investment in leases

-

-

-

159,847

128,538

-

-

-

-

-

-

-

-

Cash and Cash Equivalents, at Carrying Value

257,739

22,704

13,539

73,004

9,040

16,418

-

-

-

168,214

-

-

-

Cash and cash equivalents

-

-

-

-

-

-

19,248

35,805

-

-

-

-

-

Restricted cash

42,009

24,078

23,249

20,475

15,435

8,007

757

957

-

1,700

-

-

-

Deferred operating lease income receivable

67,082

58,303

49,498

40,719

31,938

23,138

15,878

10,699

-

4,097

-

-

-

Deferred expenses and other assets, net

42,197

37,814

73,213

40,531

42,984

9,983

25,460

18,369

11,007

6,929

3,337

3,974

6,604

Assets

2,899,627

2,566,561

1,637,162

1,233,265

1,125,952

979,743

808,995

740,698

-

728,513

-

-

-

LIABILITIES AND EQUITY
Liabilities:
Accounts Payable and Accrued Liabilities

68,821

43,008

42,975

37,600

30,238

20,800

9,247

7,401

7,585

7,545

6,783

5,945

1,576

Below Market Lease, Net

57,172

57,333

57,494

57,656

57,605

57,620

57,776

57,649

57,804

57,959

58,114

58,268

0

Long-term Debt

1,542,396

1,372,922

691,567

544,945

436,699

543,965

371,375

307,276

307,178

307,074

227,396

227,406

0

Liabilities

1,668,389

1,473,263

792,036

640,201

524,542

622,385

438,398

372,326

-

372,578

-

-

-

Commitments and contingencies (refer to Note 9)

-

-

-

-

-

-

0

0

-

-

-

-

-

Equity:
Safehold Inc. shareholders' equity:
Common stock, $0.01 par value, 400,000 shares authorized, 51,035 and 47,782 shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively

510

478

404

309

183

183

182

182

-

182

-

-

-

Additional paid-in capital

1,283,643

1,132,603

888,457

626,793

372,093

370,530

369,625

369,612

-

364,919

-

-

-

Retained earnings (accumulated deficit)

7,236

-2,146

-5,809

-4,926

-4,619

-8,486

-10,053

-9,328

-

-9,246

-

-

-

Accumulated other comprehensive loss

-61,779

-39,123

-39,284

-30,341

-10,793

-6,876

8,978

6,101

-

80

-

-

-

Total Safehold Inc. shareholders' equity

1,229,610

1,091,812

843,768

591,835

356,864

355,351

368,732

366,567

-

355,935

-

-

-

Noncontrolling interests

1,628

1,486

1,358

1,229

244,546

2,007

1,865

1,805

-

0

-

-

-

Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest

1,231,238

1,093,298

845,126

593,064

601,410

357,358

370,597

368,372

-

355,935

-

-

-

Total liabilities and equity

2,899,627

2,566,561

1,637,162

1,233,265

1,125,952

979,743

808,995

740,698

-

728,513

-

-

-