REXR — what changed in the latest 10-Q
A section-by-section comparison of REXR's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-07-28 vs the prior 10-Q · 2026-04-28
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +76 | −43 | ~81 | 92 |
| Market risk (Item 3) | Text added/removed | +1 | −1 | 0 | 2 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 3 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
| Other information | Text added/removed | 0 | 0 | ~1 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-07-28
•Net loss attributable to common stockholders was $419.0 million for the six months ended June 30, 2026, compared to net income attributable to common stockholders of $181.8 million for the prior-year period.
•Recognized impairment charges of $631.6 million for the six months ended June 30, 2026, including $624.8 million recognized during the second quarter of 2026, primarily related to certain properties identified for potential disposition as part of our ongoing portfolio review.
•Core funds from operations (Core FFO)(1) attributable to common stockholders increased by 0.2% to $281.2 million for the six months ended June 30, 2026, compared to the prior-year period.
•Net operating income (NOI)(1) decreased by 2.0% to $372.2 million for the six months ended June 30, 2026, compared to the prior-year period.
•Same Property Portfolio(2) NOI increased by 0.3% to $328.5 million and Same Property Portfolio Cash NOI(1) increased by 0.6% to $306.0 million for the six months ended June 30, 2026, compared to the prior-year period.
Text removed vs the prior filing · source: 10-Q · 2026-04-28
•Net income attributable to common stockholders increased by 28.6% to $87.9 million for the three months ended March 31, 2026, compared to the prior year.
•Core funds from operations (Core FFO)(1) attributable to common stockholders decreased by 0.9% to $139.8 million for the three months ended March 31, 2026, compared to the prior year.
•Net operating income (NOI)(1) decreased by 4.2% to $185.4 million for the three months ended March 31, 2026, compared to the prior year.
•Same Property Portfolio(2) average occupancy for the three months ended March 31, 2026 was 96.3% and ending occupancy at March 31, 2026 was 96.1%.
•Executed a total of 144 new and renewal leases with a combined 4.1 million rentable square feet, with leasing spreads of (10.0)% on a net effective basis and (15.4)% on a cash basis. Excluding one lease extension covering 1.1 million rentable square feet, leasing spreads were 5.5% on a net effectiv…
Market risk (Item 3)
Text added vs the prior filing · source: 10-Q · 2026-07-28
As of June 30, 2026, we had total consolidated indebtedness, excluding unamortized debt issuance costs and premiums/discounts, of $3.29 billion. Of this total amount, $3.27 billion, or 99.6%, comprised fixed-rate debt, either under the terms of the underlying debt agreements or through the use of in…
Text removed vs the prior filing · source: 10-Q · 2026-04-28
As of March 31, 2026, we had total consolidated indebtedness, excluding unamortized debt issuance costs and premiums/discounts, of $3.27 billion. As of March 31, 2026, 100% of this consolidated indebtedness is fixed-rate debt under the terms of the loan or through the use of interest rate swaps. As …
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice