Company: IIPR
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001628280-25-038972
Chunk: 15

Company: INNOVATIVE INDUSTRIAL PROPERTIES INC
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 15
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 — (1,659)(1,659)Common stock dividends—— —— — (108,246)(108,246)Forfeiture of unvested restricted stock units—— —— — 89 89 Stock-based compensation—— —— 4,750 — 4,750 Balances at end of period1,561,654$36,843 28,017,520$28 $2,107,963 $(264,428)$1,880,406 

5

Three Months Ended June 30, 2024Series A Preferred StockCommon StockAdditionalPaid-In-CapitalDividends inExcess ofEarningsTotalStockholders’EquitySharesAmountSharesAmountBalances at beginning of period600,000$14,009 28,328,647$28 $2,111,111 $(169,721)$1,955,427 Net income—— —— — 41,993 41,993 Issuance of unvested restricted stock—— 3,186— — — — Preferred stock dividends—— —— — (338)(338)Common stock dividends—— —— — (54,253)(54,253)Stock-based compensation—— —— 4,371 — 4,371 Balances at end of period600,000$14,009 28,331,833$28 $2,115,482 $(182,319)$1,947,200 

Six Months Ended June 30, 2024Series A Preferred StockCommon StockAdditionalPaid-In-CapitalDividends inExcess ofEarningsTotalStockholders’EquitySharesAmountSharesAmountBalances at beginning of period600,000$14,009 28,140,891$28 $2,095,789 $(156,854)$1,952,972 Net income—— —— — 81,421 81,421 Issuance of unvested restricted stock, net of forfeitures—— 39,310— (750)— (750)Exchange of Exchangeable Senior Notes—— 28,408— — — — Issuance of common stock, net of issuance costs—— 123,224— 11,757 — 11,757 Preferred stock dividends—— —— — (676)(676)Common stock dividends——