Cedar Realty Trust, Inc. Files 10-Q for Period Ending March 31, 2024

TL;DR

<b>Cedar Realty Trust, Inc. filed its Q1 2024 10-Q, detailing financial positions and balance sheet information.</b>

AI Summary

CEDAR REALTY TRUST, INC. (CDR-PB) filed a Quarterly Report (10-Q) with the SEC on May 6, 2024. Cedar Realty Trust, Inc. reported its financial results for the quarter ended March 31, 2024. The filing includes detailed balance sheet information as of March 31, 2024, and December 31, 2023. Key balance sheet items include Land, Buildings and Building Improvements, and Preferred Stock. The company's fiscal year ends on December 31. The filing is a 10-Q, indicating a quarterly report under the Securities Exchange Act of 1934.

Why It Matters

For investors and stakeholders tracking CEDAR REALTY TRUST, INC., this filing contains several important signals. This 10-Q filing provides investors with the latest financial snapshot of Cedar Realty Trust, Inc., crucial for understanding the company's asset base and equity structure as of Q1 2024. The detailed balance sheet data allows for comparison with previous periods, enabling analysis of financial trends and stability.

Risk Assessment

Risk Level: low — CEDAR REALTY TRUST, INC. shows low risk based on this filing. The filing is a standard quarterly report (10-Q) and does not contain any immediate red flags or significant negative developments, indicating a routine disclosure.

Analyst Insight

Monitor future filings for updates on asset values, debt levels, and any changes in preferred stock, which could impact shareholder value.

Revenue Breakdown

Key Numbers

• 2024-03-31 — Reporting Period End Date (Conformed period of report)
• 2024-05-06 — Filing Date (Filed as of date)
• 2023-12-31 — Previous Period End Date (Balance sheet comparison)
• 2024-01-01 — Quarter Start Date (Q1 2024 reporting period)

Key Players & Entities

• CEDAR REALTY TRUST, INC. (company) — Filer name
• 2024-03-31 (date) — Conformed period of report
• 2024-05-06 (date) — Filed as of date
• 0000761648 (company) — Central Index Key
• 6798 (industry_code) — Standard Industrial Classification
• MD (state) — State of incorporation
• 1231 (date) — Fiscal year end
• 1934 Act (regulation) — SEC Act

FAQ

Key Dates

• 2024-03-31: Quarter End Date — Marks the end of the reporting period for the 10-Q.
• 2024-05-06: Filing Date — Date the 10-Q was officially filed with the SEC.

Key Financial Figures

• $25.00 — Cumulative Redeemable Preferred Stock, $25.00 Liquidation Value CDRpB New York Stock
• $0.06 — were 13,718,169 shares of Common Stock, $0.06 par value per share, outstanding. Tab

Filing Documents

• cdr-20240331.htm (10-Q) — 642KB
• cdr-20240331xex311.htm (EX-31.1) — 9KB
• cdr-20240331xex312.htm (EX-31.2) — 9KB
• cdr-20240331xex321.htm (EX-32.1) — 4KB
• cdr-20240331xex322.htm (EX-32.2) — 4KB
• 0000761648-24-000020.txt (&nbsp;) — 3848KB
• cdr-20240331.xsd (EX-101.SCH) — 30KB
• cdr-20240331_cal.xml (EX-101.CAL) — 51KB
• cdr-20240331_def.xml (EX-101.DEF) — 165KB
• cdr-20240331_lab.xml (EX-101.LAB) — 395KB
• cdr-20240331_pre.xml (EX-101.PRE) — 279KB
• cdr-20240331_htm.xml (XML) — 379KB

Financial Information

Part I. Financial Information Item 1.

Financial Statements

Financial Statements Condensed Consolidated Balance Sheets – March 31, 2024 (unaudited) and December 31, 2023 5 Condensed Consolidated Statements of Operations – Three months ended March 31, 2024 and 2023 (unaudited) 6 Condensed Consolidated Statements of Equity – Three months ended March 31, 2024 and 2023 (unaudited) 7 Condensed Consolidated Statements of Cash Flows – Three months ended March 31, 2024 and 2023 (unaudited) 9 Notes to Condensed Consolidated Financial Statements (unaudited) 10 Item 2. Management ' s Discussion and Analysis of Financial Condition and Results of Operations 16 Item 3.

Quantitative and Qualitative Disclosures About Market Risk

Quantitative and Qualitative Disclosures About Market Risk 22 Item 4.

Controls and Procedures

Controls and Procedures 22

Other Information

Part II. Other Information Item 1.

Legal Proceedings

Legal Proceedings 23 Item 1A.

Risk Factors

Risk Factors 23 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 23 Item 3. Defaults Upon Senior Securities 23 Item 4. Mine Safety Disclosures 23 Item 5. Other Information 23 Item 6. Exhibits 23

Signatures

Signatures 24 2 Table of Contents CAUTIONARY NOTE ON FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q (the "Form 10-Q") of Cedar Realty Trust, Inc. (the "Company") contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), that are subject to risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements, which are based on certain assumptions and describe the Company's future plans, strategies and expectations, are generally identifiable by use of the words "may", "will", "should", "estimates", "projects", "anticipates", "believes", "expects", "intends", "future", and words of similar import, or the negative thereof. These statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond our control, are difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements. Forward-looking statements that were true at the time made may ultimately prove to be incorrect or false. You are cautioned to not place undue reliance on forward-looking statements, which reflect our management's view only as of the date of this Form 10-Q. We undertake no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results. Factors that could cause actual results, performance or achievements to differ materially from any forward-looking statements made in this Form 10-Q include, but are not limited to: the use of and demand for retail space; general and economic business conditi

View Full Filing

View this 10-Q filing on SEC EDGAR