What does impairment of real estate mean?

A non-cash expense recorded when the value of a property drops below its book value.

How do you interpret impairment of real estate?

An increase suggests declining asset values or poor investment performance, while a decrease indicates stable or appreciating asset values.

How does impairment of real estate compare across companies?

Common in REITs during market downturns or when specific properties underperform.

Rexford Industrial Realty REXR Impairment Of Real Estate

Impairment Of Real Estate at other companies

ARE

Alexandria Real Estate EquitiesARE

$5.5M-82.9%

W.P. Carey Inc.WPC

$40.01M+484%

Realty IncomeO

$129.27M+10.9%

Other financials

Income statement

See full

Revenue$245.1M-2.9%

Net income$91.2M+28.1%

EPS (diluted)$0.38+26.7%

Balance sheet

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Cash & equivalents$51.7M-90.7%

Total debt$4.3B+27.0%

Total equity$8.3B-6.2%

Total assets$12.4B-5.3%

Cash flow

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Operating cash flow$141.2M-7.5%

CapEx$63.0M-20.4%

Free cash flow$78.1M+6.4%

Valuation

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Market cap$7.48B-15.0%

Enterprise value$11.7B+0.6%

P/E20.3×-7.8×

P/S7.5×-1.5×

Profitability

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Net margin34%+3.5pp

FCF margin21.4%+8.6pp

Returns & leverage

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Return on equity4.1%+0.5pp

Debt / equity0.5×+0.1×

Where this comes from

Reported directly by Rexford Industrial Realty in its filing.

Tagged under the XBRL concept us-gaap:ImpairmentOfRealEstate.

The official record: Rexford Industrial Realty’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Rexford Industrial Realty's impairment of real estate?: Rexford Industrial Realty (REXR) reported impairment of real estate of $6.82M in Q1 2026.
What does impairment of real estate mean?: A non-cash expense recorded when the value of a property drops below its book value.
How do you interpret impairment of real estate?: An increase suggests declining asset values or poor investment performance, while a decrease indicates stable or appreciating asset values.
How does impairment of real estate compare across companies?: Common in REITs during market downturns or when specific properties underperform.