Company: CIO
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0000950170-25-023714
Chunk: 7

Company: City Office REIT, Inc.
Filing Date: 2025-02-20
Form: 10-K
Item: Item 15
Chunk 7
---
     $
     669,510

     Accounts payable and accrued liabilities

     34,535

     29,070

     Deferred rent

     7,010

     7,672

     Tenant rent deposits

     7,257

     7,198

     Acquired lease intangible liabilities, net

     6,301

     7,736

     Other liabilities

     16,879

     17,557

     Liabilities related to assets held for sale

     2,176

     —

     Total Liabilities

     721,130

     738,743

     Commitments and Contingencies (Note 10)

     Equity:

     6.625% Series A Preferred stock, $0.01 par value per share, 5,600,000 shares   authorized, 4,480,000 issued and outstanding as of December 31, 2024 and 2023

     112,000

     112,000

     Common stock, $0.01 par value, 100,000,000 shares authorized, 40,154,055   and 39,938,451 shares issued and outstanding as of December 31, 2024 and 2023

     401

     399

     Additional paid-in capital

     442,329

     438,867

     Retained earnings

     179,838

     221,213

     Accumulated other comprehensive loss

     (713
     )

     (248
     )

     Total Stockholders’ Equity

     733,855

     772,231

     Non-controlling interests in properties

     685

     402

     Total Equity

     734,540

     772,633

     Total Liabilities and Equity
      
     $
     1,455,670

     $
     1,511,376

     Subsequent Events (Note 4)

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

 57

 City Office REIT, Inc.Consolidated Statements of Operations (In thousands, except per share data) 

     Years Ended December 31,

     2024

     2023

     2022

     Rental and other revenues
      
     $
     171,126

     $
     179,096