Sila Realty Trust, Inc.
Business
Sila Realty Trust, Inc. is an internally managed REIT focused on acquiring net-leased healthcare properties across the continuum of care, including medical outpatient buildings, inpatient rehabilitation facilities, and surgical and specialty facilities. The company generates revenue through long-term net leases with creditworthy tenants and may also invest in real estate debt and equity securities. Sila owns healthcare properties and undeveloped land parcels throughout the continental United States, with significant tenant concentration in PAM Health.
Summary from 10-K filed 2026-02-25
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 |
|---|---|---|---|---|---|---|
| Rental revenue | 196 | 187 | 189 | 180 | — | |
| Real estate related notes receivable interest income | 1 | 0 | 0 | — | — | |
| Total revenues | 198 | 187 | 189 | 180 | 173 | |
| Rental expenses | 24 | 23 | 20 | 18 | 18 | |
| Listing-related expenses | 0 | 3 | 0 | 0 | — | |
| General and administrative expenses | 21 | 25 | 24 | 22 | 21 | |
| Depreciation and amortization | 77 | 75 | 74 | 77 | 70 | |
| Impairment and disposition losses | 10 | 1 | 24 | 47 | — | |
| Demolition costs | 1 | 0 | 0 | — | — | |
| Total operating expenses | 133 | 127 | 143 | 165 | 137 | |
| Gain on dispositions of real estate | 0 | 341,000 | 22,000 | 460,000 | 89,000 | |
| Interest and other income | 1 | 4 | 702,000 | 305,000 | 3 | |
| Interest expense | −33 | −21 | −23 | −24 | — | |
| Increase in current expected credit loss reserve | −180,000 | 0 | 0 | — | — | |
| Total other expense | −32 | −17 | −22 | −23 | — | |
| Net income attributable to common stockholders | 33 | 43 | 24 | −8 | 403 | |
| Other comprehensive loss - unrealized loss on interest rate swaps, net | −12 | −5 | −11 | 33 | 16 | |
| Comprehensive income attributable to common stockholders | 21 | 37 | 13 | 25 | 418 | |
| Basic (in shares) | 55 | 56 | 57 | 56 | 223 | |
| Diluted (in shares) | 56 | 57 | 57 | 56 | 224 | |
| Basic (in dollars per share) | 0.6 | 0.75 | 0.42 | −0.14 | 1.8 | |
| Diluted (in dollars per share) | 0.6 | 0.75 | 0.42 | −0.14 | 1.79 |
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 |
|---|---|---|---|---|---|---|
| Land | 172 | 161 | 158 | 163 | 164 | |
| Buildings and improvements, less accumulated depreciation of $331,437 and $277,024, respectively | 1,617 | 1,547 | 1,471 | 1,717 | 1,649 | |
| Total real estate, net | 1,789 | 1,708 | 1,629 | 1,880 | 1,827 | |
| Cash and cash equivalents | 32 | 40 | 202 | 13 | 32 | |
| Real estate related notes receivable, net of current expected credit loss reserve of $180 and $0, respectively | 17 | 0 | — | — | 0 | |
| Intangible assets, less accumulated amortization of $112,292 and $122,208, respectively | 117 | 126 | 135 | 167 | 182 | |
| Goodwill | 18 | 18 | 18 | 22 | 23 | |
| Right-of-use assets - operating leases | 35 | 36 | 36 | 37 | 24 | |
| Right-of-use assets - finance lease | 2 | 0 | — | — | 2 | |
| Other assets | 85 | 80 | 80 | 100 | 66 | |
| Total assets | 2,095 | 2,007 | 2,100 | 2,220 | 2,178 | |
| Credit facility, net of deferred financing costs of $1,878 and $3,079, respectively | 674 | 522 | 523 | 581 | 497 | |
| Accounts payable and other liabilities | 42 | 33 | 30 | 31 | 40 | |
| Intangible liabilities, less accumulated amortization of $8,939 and $8,761, respectively | 6 | 7 | 10 | 12 | 13 | |
| Operating lease liabilities | 41 | 41 | 41 | 42 | 26 | |
| Finance lease liabilities | 77,000 | 0 | — | — | 3 | |
| Total liabilities | 763 | 604 | 605 | 665 | 576 | |
| Preferred stock, $0.01 par value per share, 100,000,000 shares authorized; none issued and outstanding | 0 | 0 | 0 | 0 | 0 | |
| Common stock, $0.01 par value per share, 510,000,000 shares authorized; 61,939,043 and 61,779,631 shares issued, respectively; 54,876,558 and 55,075,006 shares outstanding, respectively | 549,000 | 551,000 | 570,000 | 2 | 2 | |
| Additional paid-in capital | 1,995 | 1,999 | 2,044 | 2,024 | 2,004 | |
| Distributions in excess of accumulated earnings | −663 | −607 | −567 | −499 | −401 | |
| Accumulated other comprehensive (loss) income | −1 | 11 | 17 | 28 | −5 | |
| Total stockholders equity | 1,331 | 1,403 | 1,494 | 1,555 | 1,601 | |
| Total liabilities and stockholders equity | 2,095 | 2,007 | 2,100 | 2,220 | 2,178 |
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 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 77 | 75 | 74 | 77 | 82 | |
| Amortization of deferred financing costs | 3 | 2 | 2 | 2 | 3 | |
| Amortization of above- and below-market leases, net | −529,000 | 1 | 733,000 | 484,000 | −1 | |
| Amortization of fees on real estate related notes receivable | −94,000 | 0 | 0 | — | — | |
| Other amortization expenses | 733,000 | 735,000 | 794,000 | 2 | 3 | |
| Loss on extinguishment of debt | 233,000 | 228,000 | 0 | 3 | 29 | |
| Straight-line rent adjustments, net of write-offs | −9 | −6 | −2 | −7 | −16 | |
| Stock-based compensation | 5 | 6 | 6 | 4 | 2 | |
| Accounts payable and other liabilities | 1 | 12 | 26,000 | −170,000 | −5 | |
| Other assets | −1 | −2 | −946,000 | 909,000 | 4 | |
| Net cash provided by operating activities | 119 | 133 | 129 | 122 | 137 | |
| Investments in real estate | −149 | −164 | −70 | −157 | −71 | |
| Net proceeds from real estate dispositions | 0 | 18 | 270 | 23 | 1,339 | |
| Capital expenditures and other costs | −8 | −3 | −3 | −8 | −25 | |
| Net payments of deposits for investments in real estate | −150,000 | −350,000 | 0 | 0 | −120,000 | |
| Fundings of real estate related notes receivable | −18 | 0 | 0 | — | — | |
| Fees received on real estate related notes receivable | 351,000 | 0 | 0 | — | — | |
| Net cash (used in) provided by investing activities | −174 | −150 | 197 | −143 | 1,227 | |
| Proceeds from credit facility | 164 | 270 | 50 | 845 | 15 | |
| Payments on credit facility | −13 | −270 | −108 | −762 | −453 | |
| Payments of deferred financing costs | −6 | −3 | −193,000 | −7 | −444,000 | |
| Repurchases of common stock | −9 | −61 | −12 | −9 | −10 | |
| Offering costs on issuance of common stock | 0 | −61,000 | −47,000 | −192,000 | −2 | |
| Distributions to common stockholders | −89 | −81 | −67 | −65 | −466 | |
| Net cash provided by (used in) financing activities | 48 | −146 | −137 | 1 | −1,399 | |
| Net change in cash, cash equivalents and restricted cash | −8 | −162 | 189 | −20 | −35 | |
| Interest paid, net of interest capitalized of $8, $0 and $0, respectively | 29 | 18 | 22 | 17 | 39 | |
| Change in accrued distributions related to common stock and performance-based deferred stock unit awards | 31,000 | −8 | 630,000 | — | — | |
| Change in accrued capital expenditures and other costs | 4 | 507,000 | −1 | −4 | — | |
| Change in accrued acquisition costs related to investments in real estate | 3,000 | 0 | 0 | — | — | |
| Right-of-use assets obtained in exchange for new operating lease liabilities | 0 | 814,000 | 0 | 15 | 625,000 | |
| Right-of-use assets obtained in exchange for new finance lease liabilities | 74,000 | 0 | 0 | — | 0 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Sila Realty Trust, Inc.'s CIK number?
Sila Realty Trust, Inc.'s SEC CIK number is 0001567925 (1567925). 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 Sila Realty Trust, Inc.'s SEC filings?
All of Sila 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 Sila Realty Trust, Inc. last report earnings?
Sila Realty Trust, Inc. (SILA) most recently filed an earnings 8-K with the SEC on May 7, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001567925-26-000018). This is Sila Realty Trust, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Sila Realty Trust, Inc.'s most recent earnings 8-K?
Sila Realty Trust, Inc.'s latest earnings 8-K (Item 2.02) was filed May 7, 2026 under accession 0001567925-26-000018. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Sila Realty Trust, Inc.'s latest earnings 8-K →
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