Consolidated Balance Sheets - USD ($)
|
Dec. 31, 2021 |
Dec. 31, 2020 |
| ASSETS |
|
|
| Land |
$ 259,968,000
|
$ 284,694,000
|
| Buildings and improvements |
1,028,556,000
|
1,242,784,000
|
| Real estate, gross |
1,288,524,000
|
1,527,478,000
|
| Less accumulated depreciation |
(409,742,000)
|
(428,569,000)
|
| Real estate, net |
878,782,000
|
1,098,909,000
|
| Real estate held for sale |
73,251,000
|
9,498,000
|
| Investment in unconsolidated joint venture |
4,654,000
|
|
| Cash and cash equivalents |
3,039,000
|
1,637,000
|
| Restricted cash |
230,000
|
|
| Receivables |
21,868,000
|
21,952,000
|
| Other assets and deferred charges, net |
35,070,000
|
45,255,000
|
| TOTAL ASSETS |
1,016,894,000
|
1,177,251,000
|
| LIABILITIES AND EQUITY |
|
|
| Mortgage loan payable |
156,821,000
|
45,385,000
|
| Finance lease obligation |
5,314,000
|
5,340,000
|
| Unsecured revolving credit facility |
66,000,000
|
175,000,000
|
| Unsecured term loans |
298,903,000
|
398,549,000
|
| Accounts payable and accrued liabilities |
42,099,000
|
56,580,000
|
| Unamortized intangible lease liabilities |
7,789,000
|
8,939,000
|
| Total liabilities |
576,926,000
|
689,793,000
|
| Commitments and contingencies |
|
|
| Equity: |
|
|
| Preferred stock |
159,541,000
|
159,541,000
|
| Common stock ($0.06 par value, 150,000,000 shares authorized, 13,658,000 and 13,530,000 shares, issued and outstanding, respectively) |
820,000
|
812,000
|
| Treasury stock (387,000 and 447,000 shares, respectively, at cost) |
(13,266,000)
|
(15,133,000)
|
| Additional paid-in capital |
881,009,000
|
879,790,000
|
| Cumulative distributions in excess of net income |
(582,464,000)
|
(522,696,000)
|
| Accumulated other comprehensive (loss) |
(8,258,000)
|
(18,816,000)
|
| Total Cedar Realty Trust, Inc. shareholders' equity |
437,382,000
|
483,498,000
|
| Noncontrolling interests: |
|
|
| Minority interests in consolidated joint ventures |
|
1,053,000
|
| Limited partners' OP Units |
2,586,000
|
2,907,000
|
| Total noncontrolling interests |
2,586,000
|
3,960,000
|
| Total equity |
439,968,000
|
487,458,000
|
| TOTAL LIABILITIES AND EQUITY |
$ 1,016,894,000
|
$ 1,177,251,000
|