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v3.24.2

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Jun. 30, 2024 | Dec. 31, 2023
--- | --- | ---
Assets |  |
Land | $ 766,741 | $ 930,540
Buildings | 2,709,676 | 3,311,368
Fixtures and tenant improvements | 460,678 | 537,872
Total real estate rental property | 3,937,095 | 4,779,780
Less: Accumulated depreciation | (1,322,286) | (1,570,377)
Real estate rental property, net | 2,614,809 | 3,209,403
Construction in progress and land | 34,304 | 51,379
Total real estate assets, net | 2,649,113 | 3,260,782
Investments in and advances to joint ventures, net | 32,576 | 39,372
Cash and cash equivalents | 1,181,292 | 551,968
Restricted cash | 4,286 | 17,063
Accounts receivable | 48,165 | 65,623
Other assets, net | 130,133 | 126,543
Total assets | 4,045,565 | 4,061,351
Unsecured indebtedness: |  |
Senior notes, net | 1,216,029 | 1,303,243
Term loan, net | 199,023 | 198,856
Revolving credit facility | 0 | 0
Total unsecured indebtedness | 1,415,052 | 1,502,099
Mortgage indebtedness, net | 98,579 | 124,176
Total indebtedness | 1,513,631 | 1,626,275
Accounts payable and other liabilities | 167,665 | 195,727
Dividends payable | 30,170 | 63,806
Total liabilities | 1,711,466 | 1,885,808
Commitments and contingencies |  |
SITE Centers Equity |  |
Common shares, with par value, $0.10 stated value; 300,000,000 shares authorized; 214,375,816 and 214,373,833 shares issued at June 30, 2024 and December 31, 2023, respectively | 21,437 | 21,437
Additional paid-in capital | 5,973,663 | 5,974,904
Accumulated distributions in excess of net income | (3,780,374) | (3,934,736)
Deferred compensation obligation | 4,937 | 5,167
Accumulated other comprehensive income | 8,572 | 6,121
Less: Common shares in treasury at cost: 5,087,072 and 5,340,654 shares at June 30, 2024 and December 31, 2023, respectively | (69,136) | (72,350)
Total equity | 2,334,099 | 2,175,543
Total liabilities and equity | 4,045,565 | 4,061,351
Class A Cumulative Redeemable Preferred Shares [Member] |  |
SITE Centers Equity |  |
Cumulative redeemable preferred shares | $ 175,000 | $ 175,000

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