Balance Sheet

Current Liabilities	48.7m
Accounts Payable	32m
Accrued Liabilities	112k
Other Current Liabilities	16.6m
Non-Current Liabilities	651.3m
Long-Term Debt	645.7m
Other Non-Current Liabilities	5.6m

Currency: USD

	Dec-2014	Dec-2015	Dec-2016	Dec-2017	Dec-2018	Dec-2019	Dec-2020	Dec-2021	Dec-2022	Dec-2023
Assets
Cash & Cash Equivalents	4	3	4	5	14	16	26	16	6	5
Cash Equivalents	4	3	4	5	14	16	26	16	6	5
Total Receivables	12	16	20	21	28	23	23	23	27	32
Accounts Receivables	3	4	6	6	5	6	7	4	3	3
Other Receivables	9	12	14	16	23	18	17	20	24	29
Other Current Assets	2	3	3	6	7	2	2	2	8	5
Total Current Assets	18	21	27	32	49	41	51	41	41	41
PP&E Net	602	746	813	1 018	939	963	943	1 007	1 001	1 002
PP&E Gross	602	746	813	1 018	939	963	943	1 007	1 001	1 002
Accumulated Depreciation	72	90	107	131	113	138	164	190	208	230
Long-Term Investments	1	0	1	4	26	34	34	35	35	32
Other Long-Term Assets	9	8	8	7	7	9	8	9	13	14
Other Assets	4	7	7	8	8	8	9	11	13	24
Total Assets	634 N/A	782 +23%	855 +9%	1 070 +25%	1 029 -4%	1 056 +3%	1 045 -1%	1 102 +5%	1 103 +0%	1 113 +1%
Liabilities
Accounts Payable	15	24	28	33	29	32	50	46	36	36
Accrued Liabilities	0	0	0	0	0	1	1	0	0	0
Short-Term Debt	0	0	0	0	0	0	0	0	0	0
Other Current Liabilities	11	13	15	17	18	19	12	14	16	16
Total Current Liabilities	26	37	43	50	47	53	63	60	52	53
Long-Term Debt	394	498	544	659	618	645	644	643	626	641
Minority Interest	3	4	12	11	9	8	6	6	6	6
Other Liabilities	1	0	1	3	4	6	0	0	0	0
Total Liabilities	424 N/A	539 +27%	600 +11%	723 +21%	678 -6%	711 +5%	713 +0%	709 -1%	684 -4%	699 +2%
Equity
Common Stock	0	0	0	0	0	0	0	0	0	0
Retained Earnings	94	117	141	174	177	210	230	231	206	214
Additional Paid In Capital	304	360	397	521	528	555	562	623	625	628
Total Equity	210 N/A	243 +16%	256 +5%	348 +36%	351 +1%	345 -1%	332 -4%	393 +18%	418 +7%	414 -1%
Total Liabilities & Equity	634 N/A	782 +23%	855 +9%	1 070 +25%	1 029 -4%	1 056 +3%	1 045 -1%	1 102 +5%	1 103 +0%	1 113 +1%
Shares Outstanding
Common Shares Outstanding	23	27	30	39	40	42	42	49	49	50

Whitestone REIT
NYSE:WSR