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Innovative Industrial Properties, Inc. IIPR Tenant Improvements and Construction Payable
Tenant Improvements and Construction Payable at other companies
Other financials
Where this comes from
Reported directly by Innovative Industrial Properties, Inc. in its filing.
Tagged under the XBRL concept iipr:TenantImprovementsAndConstructionPayable.
The source filing: Innovative Industrial Properties, Inc.’s 10-Q, filed May 5, 2026.
- Filed
- May 5, 2026, 4:11 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001677576-26-000002
| Assets | March 31, 2026 | December 31, 2025 |
|---|---|---|
| Liabilities: | ||
| Notes due 2026, net | $290,981 | $290,602 |
| Revolving credit facilities | 75,000 | 102,500 |
| Building improvements and construction funding payable | 851 | 2,964 |
| Accounts payable and accrued expenses | 14,702 | 10,870 |
| Dividends payable | 57,100 | 54,913 |
| Rent received in advance and tenant security deposits | 50,060 | 50,307 |
| Other liabilities | 10,746 | 10,698 |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Innovative Industrial Properties, Inc.'s tenant improvements and construction payable?
- Innovative Industrial Properties, Inc. (IIPR) reported tenant improvements and construction payable of $851K in Q1 2026.
- How has Innovative Industrial Properties, Inc.'s tenant improvements and construction payable changed year-over-year?
- Innovative Industrial Properties, Inc.'s tenant improvements and construction payable decreased by 90.6% year-over-year, from $9.01M to $851K.
- What is the long-term trend for Innovative Industrial Properties, Inc.'s tenant improvements and construction payable?
- Over 5 years (2020 to 2025), Innovative Industrial Properties, Inc.'s tenant improvements and construction payable has grown at a -39.5% compound annual growth rate (CAGR), from $36.5M to $2.96M.
- What does tenant improvements and construction payable mean?
- This represents the outstanding financial obligations related to capital improvements and construction work performed on leased properties. It captures the company's liability to contractors or vendors for property enhancements that are typically reimbursed by or amortized over the lease term. This metric helps in understanding the company's ongoing capital expenditure commitments and short-term liquidity needs.
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