Attached files
| file | filename |
|---|---|
| 8-K - 8-K - Wheeler Real Estate Investment Trust, Inc. | d572659d8k.htm |
Exhibit 99.1
Wheeler Real Estate Investment Trust, Inc. and Subsidiaries
Condensed Consolidated Balance Sheet
June 30, 2013 (unaudited)
| ASSETS: |
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| Investment properties, at cost |
$ | 55,716,630 | ||
| Less accumulated depreciation and amortization |
3,959,898 | |||
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| 51,756,732 | ||||
| Cash and cash equivalents |
865,855 | |||
| Rents and other tenant receivables, net |
836,761 | |||
| Deferred costs and other assets |
8,868,387 | |||
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| Total Assets |
$ | 62,327,735 | ||
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| LIABILITIES: |
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| Mortgages and other indebtedness |
$ | 39,939,296 | ||
| Below market lease intangible, net |
3,374,718 | |||
| Accounts payable, accrued expenses and other liabilities |
1,411,232 | |||
| Series A convertible preferred stock (no par value, 500,000 shares authorized, 4,500 shares issued and outstanding, respectively) |
4,157,000 | |||
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| Total Liabilities |
48,882,246 | |||
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| Commitments and contingencies |
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| EQUITY: |
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| Common stock ($0.01 par value, 75,000,000 shares authorized, 3,301,502 shares issued and outstanding, respectively) |
33,015 | |||
| Additional paid-in capital |
14,097,453 | |||
| Accumulated deficit |
(8,073,165 | ) | ||
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| Total Shareholders’ Equity |
6,057,303 | |||
| Noncontrolling interests |
7,388,186 | |||
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| Total Equity |
13,445,489 | |||
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| Total Liabilities and Equity |
$ | 62,327,735 | ||
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