v3.22.2.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Assets    
Total accounted for using the operating method $ 4,747,761 $ 4,205,191
Less accumulated depreciation (505,456) (430,141)
Accounted for using the operating method, net 4,242,305 3,775,050
Accounted for using the direct financing method 27,128 28,782
Accounted for using the sales-type method 571 571
Investment in rental property, net 4,270,004 3,804,403
Cash and cash equivalents 75,912 21,669
Accrued rental income 129,579 116,874
Tenant and other receivables, net 791 1,310
Prepaid expenses and other assets 18,984 17,275
Interest rate swap, assets 66,602 0
Goodwill 339,769 339,769
Intangible lease assets, net 322,314 303,642
Debt issuance costs – unsecured revolving credit facility, net 6,485 4,065
Leasing fees, net 8,752 9,641
Total assets 5,239,192 4,618,648
Liabilities and equity    
Unsecured revolving credit facility 219,537 102,000
Mortgages, net 94,753 96,846
Unsecured term loans, net 894,378 646,671
Senior unsecured notes, net 844,367 843,801
Interest rate swap, liabilities 0 27,171
Accounts payable and other liabilities 52,594 38,038
Dividends payable 49,886 45,914
Accrued interest payable 10,559 6,473
Intangible lease liabilities, net 64,971 70,596
Total liabilities 2,231,045 1,877,510
Commitments and contingencies (See Note 18)
Broadstone Net Lease, Inc. stockholders' equity:    
Preferred stock, $0.001 par value; 20,000 shares authorized, no shares issued or outstanding 0 0
Common stock, $0.00025 par value; 500,000 shares authorized, 173,115 and 162,383 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively 43 41
Additional paid-in capital 3,148,075 2,924,168
Cumulative distributions in excess of retained earnings (369,260) (318,476)
Accumulated other comprehensive income (loss) 61,834 (28,441)
Total Broadstone Net Lease, Inc. stockholders’ equity 2,840,692 2,577,292
Non-controlling interests 167,455 163,846
Total equity 3,008,147 2,741,138
Total liabilities and equity 5,239,192 4,618,648
Land    
Assets    
Total accounted for using the operating method 755,206 655,374
Land Improvements    
Assets    
Total accounted for using the operating method 331,858 295,329
Buildings and Improvements    
Assets    
Total accounted for using the operating method 3,650,275 3,242,618
Equipment    
Assets    
Total accounted for using the operating method $ 10,422 $ 11,870