Elme Communities Segments Disclosure
| Ten Months Ended October 31, | Year Ended December 31, | ||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
Residential | 93 | % | 92 | % | 92 | % | |||||||||||
| Other | 7 | % | 8 | % | 8 | % | |||||||||||
| 2024 | |||||
Residential | 96 | % | |||
| Other | 4 | % | |||
| Ten Months Ended October 31, 2025 | |||||||||||||||||
| Residential | Other | Consolidated | |||||||||||||||
| Real estate rental revenue | $ | 191,525 | $ | 14,835 | $ | 206,360 | |||||||||||
| Real estate expenses | 71,912 | 4,690 | 76,602 | ||||||||||||||
| Net operating income | $ | 119,613 | $ | 10,145 | $ | 129,758 | |||||||||||
| Property management expenses | (7,494) | ||||||||||||||||
| General and administrative expenses | (54,591) | ||||||||||||||||
| Depreciation and amortization | (78,162) | ||||||||||||||||
| Interest expense | (31,954) | ||||||||||||||||
| Real estate impairment | (111,719) | ||||||||||||||||
| Net loss | $ | (154,162) | |||||||||||||||
| Capital expenditures | $ | 26,904 | $ | 82 | $ | 26,986 | |||||||||||
| Twelve Months Ended December 31, 2024 | |||||||||||||||||
| Residential | Other | Consolidated | |||||||||||||||
| Real estate rental revenue | $ | 223,638 | 18,297 | $ | 241,935 | ||||||||||||
| Real estate expenses | 83,066 | 5,635 | 88,701 | ||||||||||||||
| Net operating income | $ | 140,572 | $ | 12,662 | $ | 153,234 | |||||||||||
| Property management expenses | (8,861) | ||||||||||||||||
| General and administrative expenses | (24,969) | ||||||||||||||||
| Depreciation and amortization | (95,935) | ||||||||||||||||
| Interest expense | (37,835) | ||||||||||||||||
| Loss on extinguishment of debt | (147) | ||||||||||||||||
| Other income | 1,410 | ||||||||||||||||
| Net loss | $ | (13,103) | |||||||||||||||
| Capital expenditures | $ | 47,054 | $ | 548 | $ | 47,602 | |||||||||||
| Total assets | $ | 1,719,087 | $ | 126,675 | $ | 1,845,762 | |||||||||||
| Twelve Months Ended December 31, 2023 | |||||||||||||||||
| Residential | Other | Consolidated | |||||||||||||||
| Real estate rental revenue | $ | 209,311 | $ | 18,600 | $ | 227,911 | |||||||||||
| Real estate expenses | 74,535 | 5,295 | 79,830 | ||||||||||||||
| Net operating income | $ | 134,776 | $ | 13,305 | $ | 148,081 | |||||||||||
| Property management expenses | (8,108) | ||||||||||||||||
| General and administrative expenses | (25,887) | ||||||||||||||||
| Transformation costs | (6,339) | ||||||||||||||||
| Depreciation and amortization | (88,950) | ||||||||||||||||
| Real estate impairment | (41,860) | ||||||||||||||||
| Interest expense | (30,429) | ||||||||||||||||
| Loss on extinguishment of debt | (54) | ||||||||||||||||
| Other income | 569 | ||||||||||||||||
Net loss | $ | (52,977) | |||||||||||||||
| Capital expenditures | $ | 37,782 | $ | 844 | $ | 38,626 | |||||||||||
| Total assets | $ | 1,768,426 | $ | 131,602 | $ | 1,900,028 | |||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 27, 2026 | Showing above |
| 2024 | Feb 14, 2025 | |
| 2023 | Feb 16, 2024 | |
| 2022 | Feb 17, 2023 | |
| 2021 | Feb 18, 2022 | |
| 2020 | Feb 16, 2021 | |
| 2019 | Feb 19, 2020 | |
| 2018 | Feb 19, 2019 | |
| 2017 | Feb 20, 2018 | |
| 2016 | Feb 21, 2017 | |
| 2015 | Feb 26, 2016 | |
About Segments Disclosures
Segment disclosures break a company into its reportable operating units, revealing revenue, profit, and asset allocation that consolidated financial statements obscure. Under ASC 280, segments must match how the chief operating decision maker views the business, providing a window into internal management structure and resource allocation priorities.
Key signals: compare segment margins to identify which units drive profitability and which destroy value. Watch for changes in the number of reportable segments — segment aggregation or disaggregation often coincides with strategic shifts or attempts to obscure declining performance. Intersegment elimination patterns reveal internal pricing practices. The reconciliation between segment totals and consolidated figures exposes corporate overhead allocation and unallocated items. Geographic revenue concentration highlights regulatory and currency exposure. Compare segment-level capital expenditure against segment revenue to assess where management is investing for future growth versus harvesting existing assets.