| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Rental income | $17.6M+3.2% | $17.1M+13.2% | $15.1M-85.6% | $104.6M-9.5% | $115.7M |
| Management and other fee income | $607K+7.1% | $567K-90.1% | $5.7M+133.8% | $2.4M+137.0% | $1.0M |
| Total revenue | $18.2M+3.3% | $17.6M-15.2% | $20.8M-80.6% | $107.1M-8.3% | $116.7M |
| Property operating | $14.0M-14.4% | $16.3M-23.2% | $21.3M-49.0% | $41.8M-7.2% | $45.0M |
| Abandoned project costs | $0-100.0% | $5.7M | — | — | — |
| Real estate taxes | $2.5M-37.6% | $3.9M-35.8% | $6.1M-74.4% | $23.9M-32.1% | $35.3M |
| Depreciation and amortization | $6.3M-52.1% | $13.1M-9.3% | $14.5M-64.8% | $41.1M-19.7% | $51.2M |
| General and administrative | $31.9M+6.4% | $30.0M-34.7% | $46.0M-3.5% | $47.6M+13.6% | $41.9M |
| Total expenses | $54.7M-20.9% | $69.1M-21.3% | $87.9M-53.8% | $190.0M+9.6% | $173.4M |
| Gain on sale of real estate, net | $20.3M+90.5% | $10.7M-88.9% | $96.2M-54.6% | $211.9M-4.4% | $221.7M |
| (Loss) gain on sale of interests in unconsolidated entities | -$1.4M-169.4% | $2.0M-68.1% | $6.4M+1046.4% | -$677K | — |
| Impairment of real estate assets | -$18.8M+78.5% | -$87.5M+18.2% | -$107.0M+15.6% | -$126.9M-32.4% | -$95.8M |
| Equity in loss of unconsolidated entities | -$13.2M-317.5% | -$3.2M+94.4% | -$55.9M+22.5% | -$72.1M-681.3% | -$9.2M |
| Interest and other income (expense), net | $1.6M-37.6% | $2.5M-85.3% | $17.1M | — | — |
| Interest expense | -$20.3M+18.8% | -$25.0M+44.0% | -$44.6M+48.6% | -$86.7M+19.7% | -$108.0M |
| Loss before income taxes | -$68.2M+55.1% | -$152.0M+1.9% | -$154.9M-29.5% | -$119.6M-208.4% | -$38.8M |
| Provision for income taxes | $0+100.0% | -$1.6M-4068.4% | -$38K+91.8% | -$466K-137.8% | -$196K |
| Net loss | -$68.2M+55.6% | -$153.5M+0.9% | -$154.9M-29.0% | -$120.1M-208.1% | -$39.0M |
| Preferred dividends | -$4.9M+0.0% | -$4.9M+0.0% | -$4.9M+0.0% | -$4.9M+0.0% | -$4.9M |
| Net loss attributable to Seritage common shareholders | -$73.1M+53.9% | -$158.4M+0.9% | -$159.8M-102.7% | -$78.8M-138.6% | -$33.0M |
| Net loss per share attributable to Seritage Class A common shareholders - Basic | -$1300.00+53.9% | -$2820.00+1.1% | -$2850.00-79.2% | -$1590.00-103.8% | -$780.00 |
| Net loss per share attributable to Seritage Class A common shareholders - Diluted | -$1300.00+53.9% | -$2820.00+1.1% | -$2850.00-79.2% | -$1590.00-103.8% | -$780.00 |
| Weighted average Class A common shares outstanding - Basic | 56.3M+0.1% | 56.3M+0.2% | 56.2M+12.9% | 49.7M+17.3% | 42.4M |
| Weighted average Class A common shares outstanding - Diluted | 56.3M+0.1% | 56.3M+0.2% | 56.2M+12.9% | 49.7M+17.3% | 42.4M |
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.