Company: FVR
Filing Date: 2025-03-20
Form Type: 10-K
Source: 0000950170-25-042774
Chunk: 192

Company: FrontView REIT, Inc.
Filing Date: 2025-03-20
Form: 10-K
Item: Item 8
Chunk 192
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17,858

    17,452

    Total liabilities

    299,131

    471,320

    Convertible non-controlling preferred interests

    —

    103,616

    Equity

    Partners' capital

    —

    197,071

    FrontView REIT, Inc. equity

    Common Stock, $0.01 par value 450,000 shares authorized, 17,291 shares   issued and outstanding as of December 31, 2024

    173

    —

    Additional paid-in capital

    331,482

    —

    Accumulated deficit

    (6,834
    )

    —

    Total FrontView REIT, Inc. equity

    324,821

    —

    Non-controlling interests

    197,857

    —

    Total equity

    522,678

    197,071

    Total liabilities, convertible non-controlling preferred interests and equity
     
    $
    821,809

    $
    772,007

The accompanying notes are an integral part of these consolidated financial statements.

64

FRONTVIEW REIT INC.

CONSOLIDATED STATEMENTS OF INCOME (LOSS) 

(in thousands, except per share amounts)

    Successor

    Predecessor (1)

    Predecessor (1)

    Period from October 3, 2024throughDecember 31, 2024

    Period from January 1, 2024throughOctober 2, 2024

    Year Ended December 31, 2023

    Revenues

    Rental revenues
     
    $
    15,177

    $
    44,740

    $
    48,266

    Operating expenses

    Depreciation and amortization

    7,468

    21,581

    24,730

    Property operating expenses

    2,170

    5,742

    5,825

    Property management fees

    —

    1,561

    1,616

    Asset management fees

    —

    3,124

    4,139

    General and administrative expenses

    2,787

    2,122

    8,055

    Total operating expenses

    12,425

    34,130

    44,365

    Other expenses (income)