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Rexford Industrial Realty REXR Impairment Of Real Estate

Impairment Of Real Estate at other companies

Realty Income logo
Realty IncomeO
$54.19M-61.9%
Innovative Industrial Properties, Inc. logo
Innovative Industrial Properties, Inc.IIPR
$0-100%
One Liberty Properties logo
One Liberty PropertiesOLP
$142K

Other financials

Income statement

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Revenue$245.5M-1.6%
Net income-$504.1M-533%
EPS (diluted)-$2.26-571%

Balance sheet

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Cash & equivalents$32.2M-94.3%
Total debt$4.3B+25.3%
Total equity$7.5B-14.7%
Total assets$11.6B-11.0%

Cash flow

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Operating cash flow$106.8M-16.7%
CapEx$48.1M-42.2%
Free cash flow$58.7M+30.6%

Valuation

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Market cap$8.14B-6.4%
Enterprise value$12.4B+7.3%
P/S8.2×-0.6×

Profitability

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Net margin34%+3.5pp
FCF margin22.9%+7.3pp

Returns & leverage

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Return on equity4.1%+0.5pp
Debt / equity0.6×+0.2×

Where this comes from

Reported directly by Rexford Industrial Realty in its filing.

Tagged under the XBRL concept us-gaap:ImpairmentOfRealEstate.

The source filing: Rexford Industrial Realty’s 10-Q, filed July 28, 2026.

Filed
Jul 27, 2026, 9:52 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001571283-26-000040
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Other income3,5004,850
Other expenses, net2,001(244)1,899(2,483)
Interest expense(28,571)(26,701)(55,171)(53,989)
Impairment of real estate(624,754)(631,578)
Gains on sale of real estate21,89344,36148,17457,518
Debt extinguishment and modification expenses(291)(291)
TOTAL OTHER (EXPENSES) INCOME(625,931)17,125(631,826)755
NET (LOSS) INCOME(523,811)120,394(429,249)194,442

Item 1. Financial Statements

FAQ

What is Rexford Industrial Realty's impairment of real estate?
Rexford Industrial Realty (REXR) reported impairment of real estate of $624.75M in Q2 2026.
What does impairment of real estate mean?
This represents the non-cash charge recognized when the carrying value of a real estate asset exceeds its fair value. It indicates a decline in the asset's long-term utility or market value, often due to changes in market conditions or physical deterioration.

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