Cedar Realty Trust Files Q3 2024 10-Q

TL;DR

Cedar Realty Trust filed its Q3 2024 10-Q. Financials look steady.

AI Summary

Cedar Realty Trust, Inc. filed its 10-Q for the period ending September 30, 2024. The filing details financial performance and operational updates for the third quarter. Key financial data and disclosures relevant to investors are presented.

Why It Matters

This filing provides investors with the latest financial health and operational status of Cedar Realty Trust, Inc., crucial for making informed investment decisions.

Risk Assessment

Risk Level: medium — As a real estate investment trust, Cedar Realty Trust is subject to market fluctuations, interest rate changes, and property-specific risks.

Key Numbers

• 2024-09-30 — Period End Date (Reporting period for the 10-Q filing.)
• 2024-11-07 — Filing Date (Date the 10-Q was officially submitted to the SEC.)

Key Players & Entities

• CEDAR REALTY TRUST, INC. (company) — Filer
• 20240930 (date) — Period of Report
• 20241107 (date) — Filing Date
• 7576279088 (phone_number) — Business Phone

FAQ

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-20240930.htm (10-Q) — 861KB
• cdr-20240930xex311.htm (EX-31.1) — 9KB
• cdr-20240930xex312.htm (EX-31.2) — 9KB
• cdr-20240930xex321.htm (EX-32.1) — 4KB
• cdr-20240930xex322.htm (EX-32.2) — 4KB
• 0000761648-24-000042.txt ( ) — 4648KB
• cdr-20240930.xsd (EX-101.SCH) — 32KB
• cdr-20240930_cal.xml (EX-101.CAL) — 54KB
• cdr-20240930_def.xml (EX-101.DEF) — 187KB
• cdr-20240930_lab.xml (EX-101.LAB) — 442KB
• cdr-20240930_pre.xml (EX-101.PRE) — 320KB
• cdr-20240930_htm.xml (XML) — 510KB

Financial Information

Part I. Financial Information Item 1.

Financial Statements

Financial Statements Condensed Consolidated Balance Sheets – September 30, 2024 (unaudited) and December 31, 2023 5 Condensed Consolidated Statements of Operations – Three and nine months ended September 30, 2024 and 2023 (unaudited) 6 Condensed Consolidated Statements of Equity – Nine months ended September 30, 2024 and 2023 (unaudited) 7 Condensed Consolidated Statements of Cash Flows – Nine months ended September 30, 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

Management's Discussion and Analysis of Financial Condition and Results of Operations 18 Item 3.

Quantitative and Qualitative Disclosures About Market Risk

Quantitative and Qualitative Disclosures About Market Risk 25 Item 4.

Controls and Procedures

Controls and Procedures 25

Other Information

Part II. Other Information Item 1.

Legal Proceedings

Legal Proceedings 26 Item 1A.

Risk Factors

Risk Factors 26 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 26 Item 3. Defaults Upon Senior Securities 26 Item 4. Mine Safety Disclosures 26 Item 5. Other Information 26 Item 6. Exhibits 26

Signatures

Signatures 27 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