Company: FVR
Filing Date: 2025-03-20
Form Type: 10-K
Source: 0000950170-25-042774
Chunk: 122

Company: FrontView REIT, Inc.
Filing Date: 2025-03-20
Form: 10-K
Item: Item 1B
Chunk 122
---
    Non-cash disclosures of non-cash investing and financing activities:

    Deferred rent receivable classified as assets held for sale
     
    $
    —

    $
    —

    $
    5

    Accrued real estate development and improvement costs
     
    $
    1,594

    $
    1,627

    $
    1,555

    Accrued acquisition fees
     
    $
    —

    $
    —

    $
    523

    Accrued deferred leasing fees
     
    $
    224

    $
    559

    $
    264

    Accrued deferred offering costs
     
    $
    391

    $
    225

    $
    3,186

    OP Units issued as consideration for Internalization
     
    $
    17,698

    $
    —

    $
    —

    Reclassification of non-controlling preferred interests to non-controlling interests
     
    $
    103,725

    $
    —

    $
    —

    Reclassification of partners' capital to non-controlling interests
     
    $
    82,733

    $
    —

    $
    —

    Reclassification of partners' capital to Common Stock and additional paid-in capital
     
    $
    40,693

    $
    —

    $
    —

    Conversion of OP Units to Common Stock and additional paid-in capital
     
    $
    25,612

    $
    —

    $
    —

    Distributions payable to convertible non-controlling preferred interests
     
    $
    —

    $
    1,669

    $
    1,633

    Distributions reinvested in Common Units
     
    $
    —

    $
    —

    $
    640

    Dividends payable
     
    $
    6,101

    $
    —

    $
    —

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

68

FRONTVIEW REIT INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 

DECEMBER 31, 2024 AND 2023

1. BUSINESS DESCRIPTIONAll amounts expressed in these consolidated financial statements are in U.S. currency and in thousands, except per unit amounts, number of properties and where indicated. FrontView REIT, Inc. (the “Company” or “Successor”) was formed on June 23,