Complete Filing Data
Net Lease Office Properties reported Stockholders Equity Including Portion Attributable To Noncontrolling Interest of $297.83 million for FY2025.
All values from 10-K, 20-F, and 10-Q filings on SEC EDGAR, organized by financial statement. Scroll each table horizontally for the full history. Blank cells mean Net Lease Office Properties did not report that metric for that period in XBRL — often because accounting standards changed which tag a company files under (for example, most companies moved revenue to the ASC-606 tag in 2018), so a metric may continue in a different row. Rows marked * merge those successor tags into one continuous series, preferring the audited value from the newest-standard tag where periods overlap.
Income Statement
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Net Income * | -$145.3M | -$91.5M | -$131.7M | $15.8M | $1.4M |
| Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax | $40.2M | -$5.7M | $8.1M | -$1.2M | $3.4M |
| Revenues | $118.9M | $142.2M | $175.0M | $156.2M | $147.9M |
| Other Nonoperating Gains Losses | -$2.6M | -$2.2M | $456.0K | -$7.0K | -$17.2M |
| Other Comprehensive Income Loss Net Of Tax | $40.2M | -$4.6M | $6.9M | -$1.2M | $3.4M |
| Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax | $0.00 | $1.2M | -$1.2M | $0.00 | $0.00 |
| Nonoperating Income Expense | -$44.3M | -$49.9M | -$45.8M | -$26.8M | -$45.9M |
| Net Income Loss Attributable To Noncontrolling Interest | $100.0K | $85.0K | $24.0K | -$2.0K | $0.00 |
| Income Tax Expense Benefit | $158.0K | -$2.4M | $425.0K | $486.0K | $1.6M |
| Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest | -$145.0M | -$93.8M | -$131.3M | $16.3M | $3.1M |
| Impairment Of Real Estate | $140.8M | $78.2M | $63.1M | $0.00 | $0.00 |
| General And Administrative Expense | $7.3M | $7.5M | $13.6M | $11.9M | $10.3M |
| Deferred Income Tax Expense Benefit | $0.00 | -$3.3M | -$1.2M | -$1.0M | -$227.0K |
| Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest | -$105.0M | -$95.9M | -$124.9M | $14.5M | $4.9M |
| Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest | $100.0K | $85.0K | $24.0K | -$2.0K | $0.00 |
| Comprehensive Income Net Of Tax | -$105.1M | -$96.0M | -$124.9M | $14.5M | $4.9M |
| Interest Expense Nonoperating | $12.7M | $68.0M | $42.6M | $26.8M | |
| Amortization Of Rent Related Intangibles And Deferred Rental Revenue | -$956.0K | -$6.4M | $140.0K | $2.0M | $834.0K |
| Income Loss From Continuing Operations Per Diluted Share | -$9.00 | $1.08 | $0.10 | ||
| Income Loss From Continuing Operations Per Basic Share | -$9.00 | $1.08 | $0.10 |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|
| Net Income * | -$64.2M | -$81.5M | $492.0K | -$40.3M | $12.5M | -$27.8M | $2.8M | $3.8M | $3.7M |
| Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax | $40.3M | -$569.0K | $403.0K | $1.3M | $4.0K | -$2.2M | $1.3M | -$474.0K | $131.0K |
| Revenues | $29.8M | $29.2M | $29.2M | $31.5M | $39.0M | $44.0M | $43.1M | $42.8M | $42.7M |
| Other Nonoperating Gains Losses | $969.0K | $697.0K | $443.0K | $395.0K | $332.0K | -$821.0K | -$25.0K | $37.0K | $12.0K |
| Other Comprehensive Income Loss Net Of Tax | $40.3M | -$569.0K | $403.0K | $1.8M | $576.0K | -$2.0M | $1.3M | -$474.0K | $131.0K |
| Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax | $0.00 | $0.00 | $0.00 | $407.0K | $572.0K | $212.0K | $0.00 | $0.00 | $0.00 |
| Nonoperating Income Expense | -$24.4M | -$7.0M | -$6.3M | -$12.0M | $10.3M | -$37.4M | -$8.1M | -$8.5M | -$7.8M |
| Net Income Loss Attributable To Noncontrolling Interest | $21.0K | $22.0K | $21.0K | $21.0K | $22.0K | $21.0K | $26.0K | $33.0K | $18.0K |
| Income Tax Expense Benefit | $30.0K | $100.0K | $82.0K | $485.0K | $149.0K | $224.0K | $232.0K | -$365.0K | $437.0K |
| Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest | -$64.1M | -$81.4M | $595.0K | -$39.8M | $12.6M | -$27.6M | $3.0M | $3.5M | $4.2M |
| Impairment Of Real Estate | $50.9M | $81.8M | $920.0K | $34.2M | $8.2M | $4.1M | $0.00 | $0.00 | $0.00 |
| General And Administrative Expense | $1.7M | $2.1M | $1.8M | $1.8M | $1.9M | $1.9M | $3.4M | $3.2M | $3.4M |
| Deferred Income Tax Expense Benefit | $0.00 | $0.00 | $0.00 | -$100.0K | -$200.0K | -$123.0K | -$100.0K | -$300.0K | -$411.0K |
| Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest | -$23.8M | -$82.1M | $916.0K | -$38.5M | $13.0M | -$29.8M | $4.1M | $3.4M | $3.9M |
| Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest | $21.0K | $22.0K | $21.0K | $21.0K | $22.0K | $21.0K | $26.0K | $33.0K | $18.0K |
| Comprehensive Income Net Of Tax | -$23.8M | -$82.1M | $895.0K | -$38.5M | $13.0M | -$29.9M | $4.0M | $3.4M | $3.9M |
| Interest Expense Nonoperating | $1.7M | $4.4M | $5.7M | $11.7M | $27.8M | $20.8M | $8.1M | $8.6M | |
| Amortization Of Rent Related Intangibles And Deferred Rental Revenue | -$609.0K | -$3.6M | $976.0K | ||||||
| Income Loss From Continuing Operations Per Diluted Share | |||||||||
| Income Loss From Continuing Operations Per Basic Share |
Balance Sheet
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Stockholders Equity * | $293.9M | $581.2M | $677.0M | $1.11B | $1.06B | $865.5M |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | $122.6M | $68.4M | $67.8M | $6.0M | $9.3M | $15.4M |
| Other Lease Related Income | $19.0M | $13.3M | $7.7M | $3.2M | $2.2M | |
| Operating Lease Lease Income | $99.3M | $128.9M | $166.0M | $151.2M | $144.0M | |
| Income From Direct Financing Leases And Loans Receivables | $610.0K | $89.0K | $1.2M | $1.7M | $1.7M | |
| Cash And Cash Equivalents At Carrying Value | $119.6M | $25.1M | $16.3M | $4.7M | $4.0M | |
| Minority Interest Decrease From Distributions To Noncontrolling Interest Holders | $361.0K | $331.0K | $121.0K | |||
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect | $54.2M | $597.0K | $61.8M | -$3.3M | -$6.1M | |
| Restricted Cash | $3.0M | $43.3M | $51.6M | $1.3M | $5.3M | |
| Depreciation And Amortization Including Intangible Assets And Deferred Financing Costs | $39.8M | $85.3M | $81.3M | $64.3M | $60.3M | |
| Common Stock Value | $15.0K | $15.0K | $15.0K | $0.00 | ||
| Other Assets | $20.8M | $29.2M | $65.4M | $47.9M | ||
| Assets | $453.4M | $805.1M | $1.31B | $1.46B | ||
| Subordinated Debt | $0.00 | $58.0M | $106.3M | $0.00 | ||
| Secured Debt | $21.9M | $111.3M | $168.8M | $174.3M | ||
| Repayments Of Long Term Debt | $111.5M | $366.6M | $63.7M | $39.9M | ||
| Real Estate Investments | $309.9M | $707.4M | $1.17B | $1.34B | ||
| Real Estate Investment Property At Cost Real Estate Leased | $218.8M | $730.3M | $1.20B | $1.29B | ||
| Preferred Stock Value | $0.00 | $0.00 | $0.00 | $0.00 | ||
| Minority Interest | $3.9M | $4.2M | $4.4M | $1.7M | ||
| Long Term Debt | $21.9M | $169.2M | $542.0M | $276.1M | ||
| Liabilities And Stockholders Equity | $453.4M | $805.1M | $1.31B | $1.46B | ||
| Liabilities | $155.5M | $219.7M | $623.7M | $352.7M | ||
| Finite Lived Intangible Asset Off Market Lease Favorable Net | $10.8M | $30.5M | $58.0M | $59.0M | ||
| Finite Lived Intangible Asset Acquired In Place Leases Net | $45.2M | $210.0M | $357.8M | $375.5M | ||
| Below Market Lease Net | $2.0M | $6.3M | $10.6M | $14.7M |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
| Stockholders Equity * | $430.3M | $500.0M | $582.1M | $621.9M | $660.3M | $647.2M | $65.00 | $1.08B | $1.10B | |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | $41.1M | $56.2M | $65.8M | $85.5M | $80.7M | $88.3M | $6.2M | $6.1M | $9.0M | |
| Other Lease Related Income | $5.7M | $1.7M | $1.8M | $1.5M | $3.9M | $5.6M | $835.0K | $806.0K | $783.0K | |
| Operating Lease Lease Income | $24.1M | $27.5M | $27.4M | $30.0M | $35.1M | $38.3M | $42.0M | $41.6M | $41.4M | |
| Income From Direct Financing Leases And Loans Receivables | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $89.0K | $294.0K | $440.0K | $442.0K | |
| Cash And Cash Equivalents At Carrying Value | $38.7M | $54.1M | $28.2M | $36.1M | $36.1M | $39.8M | $1.00 | |||
| Minority Interest Decrease From Distributions To Noncontrolling Interest Holders | $90.0K | $91.0K | $90.0K | $90.0K | $91.0K | $60.0K | $65.0K | |||
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect | -$2.7M | $20.5M | $3.0M | |||||||
| Restricted Cash | $2.4M | $2.0M | $37.6M | $49.4M | $44.6M | $48.6M | ||||
| Depreciation And Amortization Including Intangible Assets And Deferred Financing Costs | $10.8M | $24.4M | $18.2M | |||||||
| Common Stock Value | $15.0K | $15.0K | $15.0K | $15.0K | $15.0K | $15.0K | $1.00 | $1.00 | ||
| Other Assets | $31.0M | $30.0M | $26.0M | $31.4M | $39.1M | $58.4M | $64.00 | |||
| Assets | $522.6M | $668.7M | $784.1M | $919.9M | $1.04B | $1.23B | $65.00 | |||
| Subordinated Debt | $0.00 | $0.00 | $33.2M | $75.8M | $84.8M | $108.0M | ||||
| Secured Debt | $47.1M | $117.2M | $115.3M | $115.8M | $115.4M | $147.3M | ||||
| Repayments Of Long Term Debt | $25.7M | $30.9M | $5.1M | |||||||
| Real Estate Investments | $450.4M | $582.5M | $692.3M | $803.0M | $924.8M | $1.09B | ||||
| Real Estate Investment Property At Cost Real Estate Leased | $477.9M | $581.9M | $721.4M | $867.1M | $904.2M | $1.14B | ||||
| Preferred Stock Value | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||
| Minority Interest | $4.0M | $4.0M | $4.1M | $4.2M | $4.3M | $4.4M | ||||
| Long Term Debt | $47.1M | $117.2M | $148.5M | $239.4M | $327.4M | $515.2M | ||||
| Liabilities And Stockholders Equity | $522.6M | $668.7M | $784.1M | $919.9M | $1.04B | $1.23B | ||||
| Liabilities | $88.3M | $164.6M | $197.9M | $293.8M | $380.0M | $580.2M | ||||
| Finite Lived Intangible Asset Off Market Lease Favorable Net | $26.2M | $29.7M | $30.5M | $40.1M | $40.9M | $57.5M | ||||
| Finite Lived Intangible Asset Acquired In Place Leases Net | $185.1M | $192.0M | $208.9M | $238.3M | $253.2M | $345.7M | ||||
| Below Market Lease Net | $2.7M | $4.0M | $5.8M | $7.5M | $8.7M | $9.2M |
Cash Flow Statement
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Allocated Share Based Compensation Expense | $0.00 | $250.0K | $2.9M | $3.2M | $2.4M |
| Net Cash Provided By Used In Operating Activities | $64.1M | $71.9M | $71.0M | $84.3M | $75.3M |
| Net Cash Provided By Used In Financing Activities | -$218.9M | -$368.0M | -$36.8M | -$64.5M | -$77.2M |
| Increase Decrease In Other Operating Capital Net | $8.0M | -$13.2M | $8.9M | -$1.1M | $2.7M |
| Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | $738.0K | -$1.0M | -$50.0K | -$123.0K | $19.0K |
| Proceeds From Sale Of Real Estate Heldforinvestment | $192.3M | $309.8M | $38.9M | $0.00 | $0.00 |
| Proceeds From Payments For Other Financing Activities | -$384.0K | $15.0K | -$526.0K | -$7.0K | -$277.0K |
| Payments To Acquire Real Estate Under Construction | $4.0M | $12.0M | $11.2M | $4.7M | $4.2M |
| Payments Of Dividends Minority Interest | $361.0K | $331.0K | $121.0K | $0.00 | $0.00 |
| Net Cash Provided By Used In Investing Activities | $208.2M | $297.7M | $27.7M | -$22.9M | -$4.2M |
| Proceeds From Lease Payment Sales Type And Direct Financing Leases Operating Activity | $0.00 | $10.3M | $0.00 | $0.00 |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q1 2023 |
|---|---|---|---|---|---|---|
| Allocated Share Based Compensation Expense | $0.00 | $100.0K | $100.0K | $75.0K | $100.0K | $775.0K |
| Net Cash Provided By Used In Operating Activities | $14.1M | $26.4M | $20.5M | |||
| Net Cash Provided By Used In Financing Activities | -$25.8M | -$32.0M | -$17.2M | |||
| Increase Decrease In Other Operating Capital Net | -$28.0K | -$1.2M | $2.4M | |||
| Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | $315.0K | -$596.0K | -$59.0K | |||
| Proceeds From Sale Of Real Estate Heldforinvestment | $9.2M | $32.4M | $0.00 | |||
| Proceeds From Payments For Other Financing Activities | -$7.0K | $10.0K | $0.00 | |||
| Payments To Acquire Real Estate Under Construction | $1.8M | $5.7M | $236.0K | |||
| Payments Of Dividends Minority Interest | $90.0K | $60.0K | $0.00 | |||
| Net Cash Provided By Used In Investing Activities | $8.7M | $26.8M | -$236.0K | |||
| Proceeds From Lease Payment Sales Type And Direct Financing Leases Operating Activity | $0.00 | $10.4M | $0.00 |
Per-Share & Share Counts
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Weighted Average Number Of Shares Outstanding Basic | 14.8M | 14.8M | 14.6M | 14.6M | 14.6M |
| Weighted Average Number Of Diluted Shares Outstanding | 14.8M | 14.8M | 14.6M | 14.6M | 14.6M |
| Earnings Per Share Diluted | $-9.81 | $-6.18 | $-9.00 | $1.08 | |
| Earnings Per Share Basic | $-9.81 | $-6.18 | $-9.00 | $1.08 | |
| Common Stock Shares Issued | 14.8M | 14.8M | 14.8M | ||
| Common Stock Par Or Stated Value Per Share | $0.00 | $0.00 | $0.00 | ||
| Common Stock Shares Outstanding | 14.8M | 14.8M | 14.6M | ||
| Common Stock Shares Authorized | 45.0M | 45.0M | 45.0M | ||
| Preferred Stock Shares Issued | 0.00 | 0.00 | 0.00 | 0.00 | |
| Preferred Stock Shares Authorized | 5.0M | 5.0M | 5.0M | 5.0M | |
| Preferred Stock Par Or Stated Value Per Share | $0.00 | $0.00 | $0.00 | $0.00 |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
| Weighted Average Number Of Shares Outstanding Basic | 14.8M | 14.8M | 14.8M | 14.8M | 14.8M | 14.8M | 14.6M | 14.6M | 14.6M | |
| Weighted Average Number Of Diluted Shares Outstanding | 14.8M | 14.8M | 14.8M | 14.8M | 14.8M | 14.8M | 14.6M | 14.6M | 14.6M | |
| Earnings Per Share Diluted | $-4.33 | $-5.50 | $0.03 | $-2.73 | $0.84 | $-1.88 | $0.19 | $0.26 | $0.26 | |
| Earnings Per Share Basic | $-4.33 | $-5.50 | $0.03 | $-2.73 | $0.84 | $-1.88 | $0.19 | $0.26 | $0.26 | |
| Common Stock Shares Issued | 14.8M | 14.8M | 14.8M | 14.8M | 14.8M | 14.8M | 1.0K | 1.0K | ||
| Common Stock Par Or Stated Value Per Share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||
| Common Stock Shares Outstanding | 14.8M | 14.8M | 14.8M | 14.6M | 14.6M | 14.6M | 1.0K | 1.0K | ||
| Common Stock Shares Authorized | 45.0M | 45.0M | 45.0M | 45.0M | 45.0M | 45.0M | 1.0K | 1.0K | ||
| Preferred Stock Shares Issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||
| Preferred Stock Shares Authorized | 5.0M | 5.0M | 5.0M | 5.0M | 5.0M | 5.0M | ||||
| Preferred Stock Par Or Stated Value Per Share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
Other Metrics
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Reimbursable Tenant Expense | $22.5M | $26.5M | $28.0M | $24.3M | $23.7M |
| Occupancy Net | $8.6M | $10.9M | $8.6M | $7.8M | $6.4M |
| Gain Loss On Sale Of Properties | -$29.0M | $20.2M | -$3.6M | $0.00 | $0.00 |
| Depreciation And Amortization | $35.9M | $56.7M | $75.0M | $63.2M | $58.6M |
| Costs And Expenses | $219.6M | $186.1M | $260.5M | $113.1M | $99.0M |
| Business Exit Costs1 | $0.00 | $16.0K | $8.4M | $6.0M | $0.00 |
| Asset Management Fees | $4.6M | $6.2M | $1.2M | $0.00 | $0.00 |
| Straight Line Rent Adjustments | $2.6M | $2.3M | -$438.0K | -$3.0M | -$3.2M |
| Realized Gain Loss On Foreign Currency Transactions And Other | -$1.3M | -$3.5M | $247.0K | -$2.1M | -$16.5M |
| Additional Paid In Capital | $855.8M | $855.8M | $855.6M | $0.00 | |
| Real Estate Investment Property At Cost | $316.6M | $970.8M | $1.63B | $1.74B | |
| Real Estate Investment Property Accumulated Depreciation | $102.9M | $292.7M | $458.4M | $392.0M |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|
| Reimbursable Tenant Expense | $4.9M | $6.5M | $6.1M | $6.4M | $7.2M | $6.2M | $7.1M | $6.9M | $6.8M |
| Occupancy Net | $1.9M | $2.2M | $2.5M | $3.0M | $2.7M | $2.3M | $2.4M | $2.1M | $2.1M |
| Gain Loss On Sale Of Properties | -$23.7M | -$3.3M | -$1.0M | -$644.0K | $37.7M | -$15.8M | $0.00 | $0.00 | $0.00 |
| Depreciation And Amortization | $9.0M | $9.7M | $9.7M | $12.4M | $15.1M | $18.0M | $17.8M | $17.7M | $17.7M |
| Costs And Expenses | $69.5M | $103.6M | $22.3M | $59.3M | $36.7M | $34.2M | $32.0M | $30.8M | $30.7M |
| Business Exit Costs1 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $16.0K | $1.3M | $948.0K | $590.0K |
| Asset Management Fees | $1.1M | $1.2M | $1.3M | $1.5M | $1.6M | $1.8M | $0.00 | $0.00 | $0.00 |
| Straight Line Rent Adjustments | $513.0K | $777.0K | -$690.0K | ||||||
| Realized Gain Loss On Foreign Currency Transactions And Other | -$989.0K | -$1.3M | -$238.0K | ||||||
| Additional Paid In Capital | $855.8M | $855.8M | $855.8M | $855.8M | $855.7M | $855.6M | $303.00 | ||
| Real Estate Investment Property At Cost | $689.3M | $803.6M | $960.9M | $1.15B | $1.20B | $1.54B | |||
| Real Estate Investment Property Accumulated Depreciation | $266.2M | $283.0M | $297.8M | $342.5M | $342.4M | $457.3M |
Most recent annual filing with the SEC: February 25, 2026
Data sourced from SEC EDGAR public filings as of August 6, 2026.