CEDAR REALTY TRUST, INC.
Business
Cedar Realty Trust, Inc. is a REIT that owns and operates income-producing retail properties focused on grocery-anchored shopping centers in the Northeast. The company's portfolio comprises 12 properties totaling 1.9 million square feet of gross leasable area. Cedar Realty employs necessity-based retail strategies targeting secondary and tertiary markets with strong demographics, utilizing triple net lease arrangements to shift operating expenses to tenants. The company is a subsidiary of Wheeler Real Estate Investment Trust, Inc., and manages its assets through an umbrella partnership structure.
Summary from 10-K filed 2026-03-05
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Total revenues | 30 | 35 | 35 | 34 | 39 | |
| Operating, maintenance and management | 6 | 8 | 8 | 8 | 7 | |
| Real estate and other property-related taxes | 4 | 5 | 5 | 6 | 7 | |
| Corporate general and administrative | 3 | 2 | 3 | 10 | 18 | |
| Depreciation and amortization | 8 | 9 | 11 | 10 | 12 | |
| Total expenses | 21 | 24 | 27 | 34 | 44 | |
| Gain on sales, net | 5 | 4 | 3 | 0 | 49 | |
| Impairment charges | −6 | −1 | 0 | −9 | −66 | |
| Total other | −731,000 | 3 | 3 | −68 | −17 | |
| OPERATING INCOME | 8 | 14 | 10 | −68 | −22 | |
| Interest expense, net | −9 | −9 | −8 | — | — | |
| Loss on loan prepayment | −718,000 | 0 | — | — | — | |
| Total non-operating income and expenses | −10 | −9 | −8 | −11 | −14 | |
| NET (LOSS) INCOME | −2 | 5 | 2 | 44 | −45 | |
| Preferred stock dividends | −6 | −10 | −11 | −11 | −11 | |
| Deemed contributions on preferred stock | 19 | 8 | 0 | — | — | |
| NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS, Basic | 11 | 2 | −9 | 33 | −56 | |
| NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS, Diluted | 11 | 2 | −9 | 33 | — | |
| NET INCOME PER COMMON SHARE ATTRIBUTABLE TO COMMON SHAREHOLDERS, Basic (in dollars per share) | 0.79 | 0.14 | −0.64 | 2.48 | −4.24 | |
| NET INCOME PER COMMON SHARE ATTRIBUTABLE TO COMMON SHAREHOLDERS, Diluted (in dollars per share) | 0.79 | 0.14 | −0.64 | 2.48 | −4.24 | |
| Weighted average number of common shares, basic (in shares) | 14 | 14 | 14 | 13 | 13 | |
| Weighted average number of common shares, diluted (in shares) | 14 | 14 | 14 | 13 | 13 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Investment properties | 251 | 304 | 368 | 364 | 370 | |
| Less accumulated depreciation | −115 | −132 | −166 | −157 | −155 | |
| Real estate, net | 136 | 172 | 202 | 207 | 215 | |
| Cash and cash equivalents | 5 | 23 | 7 | 4 | 3 | |
| Restricted cash | 11 | 8 | 9 | 10 | 230,000 | |
| Receivables, net | 6 | 6 | 6 | 6 | 14 | |
| Deferred costs and other assets, net | 8 | 8 | 9 | 8 | 24 | |
| TOTAL ASSETS | 165 | 217 | 233 | 234 | 1,017 | |
| Loans payable, net | 140 | 143 | 140 | 131 | — | |
| Accounts payable, accrued expenses, and other liabilities | 6 | 7 | 8 | 10 | — | |
| Due to Wheeler Real Estate Investment Trust, Inc. | 11 | 9 | 8 | 7 | — | |
| Below market lease intangibles, net | 1 | 1 | 3 | 3 | 5 | |
| Total liabilities | 159 | 161 | 160 | 152 | 577 | |
| Commitments and contingencies (Note 10) | — | — | — | — | — | |
| Preferred stock | 76 | 140 | 160 | 160 | 160 | |
| Common stock ($0.06 par value, 150,000,000 shares authorized, 13,718,169 shares, issued and outstanding) | 823,000 | 823,000 | 823,000 | 823,000 | 820,000 | |
| Additional paid-in capital | 872 | 869 | 868 | 868 | 881 | |
| Cumulative distributions in excess of net income | −943 | −953 | −955 | −946 | −582 | |
| Total equity | 6 | 56 | 73 | 82 | 437 | |
| TOTAL LIABILITIES AND EQUITY | 165 | 217 | 233 | 234 | 1,017 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Gain on sales, net | −5 | −4 | −3 | — | — | |
| Straight-line rents | −605,000 | −288,000 | −1 | — | — | |
| Credit adjustments on operating lease receivables | 170,000 | 72,000 | −357,000 | 968,000 | — | |
| Depreciation and amortization | 8 | 9 | 11 | 19 | — | |
| Above (below) market lease amortization, net | −181,000 | −226,000 | −336,000 | −1 | — | |
| Amortization of deferred financing costs | 583,000 | 873,000 | 386,000 | 6 | 1 | |
| Receivables, net | −268,000 | 1 | 1 | −16 | −1 | |
| Deferred costs and other assets, net | −388,000 | −2 | −2 | −6 | −3 | |
| Accounts payable, accrued expenses, and other liabilities | 1 | −169,000 | 400,000 | 30 | 220,000 | |
| Net cash provided by operating activities | 8 | 9 | 8 | −20 | 45 | |
| Expenditures for real estate improvements | −4 | −12 | −6 | −22 | — | |
| Net proceeds from sales of real estate | 34 | 37 | 3 | 699 | 104 | |
| Net cash provided by investing activities | 30 | 26 | −4 | 677 | 72 | |
| Payments for deferred financing costs | −456,000 | −444,000 | −414,000 | −7 | −3 | |
| Loan prepayment premium | −521,000 | 0 | — | — | — | |
| Preferred stock dividends | −7 | −10 | −11 | −11 | −11 | |
| Preferred stock repurchases | −42 | −11 | 0 | — | — | |
| Net cash used in financing activities | −53 | −20 | −2 | −646 | −115 | |
| Net (decrease) increase in cash, cash equivalents and restricted cash | −15 | 15 | 2 | 10 | 2 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is CEDAR REALTY TRUST, INC.'s CIK number?
CEDAR REALTY TRUST, INC.'s SEC CIK number is 0000761648 (761648). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find CEDAR REALTY TRUST, INC.'s SEC filings?
All of CEDAR REALTY TRUST, INC.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did CEDAR REALTY TRUST, INC. last report earnings?
CEDAR REALTY TRUST, INC. (CDR-PB) most recently filed an earnings 8-K with the SEC on May 8, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0000761648-26-000017). This is CEDAR REALTY TRUST, INC.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is CEDAR REALTY TRUST, INC.'s most recent earnings 8-K?
CEDAR REALTY TRUST, INC.'s latest earnings 8-K (Item 2.02) was filed May 8, 2026 under accession 0000761648-26-000017. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View CEDAR REALTY TRUST, INC.'s latest earnings 8-K →
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