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Innovative Industrial Properties, Inc. IIPR Investment properties, at cost
Investment properties, at cost at other companies
Other financials
Where this comes from
Reported directly by Innovative Industrial Properties, Inc. in its filing.
Tagged under the XBRL concept us-gaap:RealEstateInvestmentPropertyAtCost.
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 |
|---|---|---|
| Land | $145,104 | $146,320 |
| Buildings and improvements | 2,269,439 | 2,269,597 |
| Construction in progress | 40,311 | 40,593 |
| Total real estate, at cost | 2,454,854 | 2,456,510 |
| Less accumulated depreciation | (361,093) | (343,062) |
| Net real estate held for investment | 2,093,761 | 2,113,448 |
| Life science investments | 153,980 | 152,665 |
| Construction loan receivable | 22,800 | 22,800 |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Innovative Industrial Properties, Inc.'s investment properties, at cost?
- Innovative Industrial Properties, Inc. (IIPR) reported investment properties, at cost of $2.45B in Q1 2026.
- How has Innovative Industrial Properties, Inc.'s investment properties, at cost changed year-over-year?
- Innovative Industrial Properties, Inc.'s investment properties, at cost increased by 0.1% year-over-year, from $2.45B to $2.45B.
- What is the long-term trend for Innovative Industrial Properties, Inc.'s investment properties, at cost?
- Over 5 years (2020 to 2025), Innovative Industrial Properties, Inc.'s investment properties, at cost has grown at a 18.3% compound annual growth rate (CAGR), from $1.06B to $2.46B.
- What does investment properties, at cost mean?
- This represents the total historical cost of real estate assets held by the company for the purpose of generating rental income. It serves as a baseline measure of the company's physical asset footprint before accounting for accumulated depreciation or impairment. Tracking this metric helps investors understand the scale of the portfolio and the capital deployed into property acquisitions.
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