[PART I—FINANCIAL INFORMATION](index=2&type=section&id=PART%20I%E2%80%94FINANCIAL%20INFORMATION) [ITEM 1. FINANCIAL STATEMENTS](index=2&type=section&id=ITEM%201.%20FINANCIAL%20STATEMENTS) This section presents unaudited consolidated financial statements, including balance sheets, statements of operations, and cash flows, with detailed notes on accounting policies - The financial statements are unaudited and prepared in accordance with SEC rules and U.S. GAAP, providing a snapshot of the company's financial position and performance for interim periods[45](index=45&type=chunk) - The company's business segments include income properties, management services, commercial loans and investments, and real estate operations[38](index=38&type=chunk)[39](index=39&type=chunk)[40](index=40&type=chunk)[41](index=41&type=chunk) - Significant accounting policies cover areas such as the retroactive adjustment for a three-for-one stock split, consolidation principles, and the adoption of new accounting standards like ASU 2020-06 for convertible instruments[44](index=44&type=chunk)[47](index=47&type=chunk)[54](index=54&type=chunk) [Consolidated Balance Sheets](index=3&type=section&id=Consolidated%20Balance%20Sheets) Total assets increased to **$845.8 million** as of September 30, 2022, driven by real estate growth, while total liabilities rose to **$401.4 million** due to increased long-term debt Consolidated Balance Sheet Highlights (in thousands) | Metric | Sep 30, 2022 | Dec 31, 2021 | Change ($) | Change (%) | |:---|:---|:---|:---|:---| | Total Assets | $845,772 | $733,139 | $112,633 | 15.36% | | Real Estate—Net Land and Development Costs | $567,241 | $494,695 | $72,546 | 14.66% | | Total Liabilities | $401,368 | $302,659 | $98,709 | 32.62% | | Long-Term Debt | $370,248 | $278,273 | $91,975 | 33.05% | | Total Stockholders' Equity | $444,404 | $430,480 | $13,924 | 3.23% | [Consolidated Statements of Operations](index=5&type=section&id=Consolidated%20Statements%20of%20Operations) Total revenues increased for both three and nine-month periods, but net income significantly decreased due to lower gains on asset disposition Consolidated Statements of Operations Highlights (in thousands, except per share data) | Metric | 3 Months Ended Sep 30, 2022 | 3 Months Ended Sep 30, 2021 | Change ($) | Change (%) | |:---|:---|:---|:---|:---| | Total Revenues | $23,117 | $16,577 | $6,540 | 39.45% | | Net Income Attributable to the Company | $4,817 | $23,947 | $(19,130) | -79.89% | | Basic Net Income Attributable to Common Stockholders (per share) | $0.20 | $1.29 | $(1.09) | -84.50% | | **Metric** | **9 Months Ended Sep 30, 2022** | **9 Months Ended Sep 30, 2021** | **Change ($)** | **Change (%)** | | Total Revenues | $59,790 | $45,572 | $14,218 | 31.20% | | Net Income Attributable to the Company | $6,237 | $28,008 | $(21,771) | -77.73% | | Basic Net Income Attributable to Common Stockholders (per share) | $0.15 | $1.52 | $(1.37) | -90.13% | [Consolidated Statements of Comprehensive Income](index=7&type=section&id=Consolidated%20Statements%20of%20Comprehensive%20Income) Total comprehensive income decreased for both three and nine-month periods, despite a substantial increase in cash flow hedging derivative gains Consolidated Statements of Comprehensive Income Highlights (in thousands) | Metric | 3 Months Ended Sep 30, 2022 | 3 Months Ended Sep 30, 2021 | Change ($) | Change (%) | |:---|:---|:---|:---|:---| | Total Comprehensive Income | $10,127 | $24,164 | $(14,037) | -58.10% | | Cash Flow Hedging Derivative - Interest Rate Swaps | $5,310 | $217 | $5,093 | 2346.99% | | **Metric** | **9 Months Ended Sep 30, 2022** | **9 Months Ended Sep 30, 2021** | **Change ($)** | **Change (%)** | | Total Comprehensive Income | $22,170 | $29,395 | $(7,225) | -24.58% | | Cash Flow Hedging Derivative - Interest Rate Swaps | $15,933 | $1,387 | $14,546 | 1048.74% | [Consolidated Statements of Stockholders' Equity](index=8&type=section&id=Consolidated%20Statements%20of%20Stockholders'%20Equity) Stockholders' equity increased to **$444.4 million** as of September 30, 2022, driven by net income, stock issuance, and other comprehensive income, partially offset by dividends and repurchases Consolidated Stockholders' Equity Highlights (in thousands) | Metric | Sep 30, 2022 | Jan 1, 2022 | Change ($) | Change (%) | |:---|:---|:---|:---|:---| | Stockholders' Equity | $444,404 | $430,480 | $13,924 | 3.23% | | Net Income Attributable to the Company (9 months) | $6,237 | N/A | N/A | N/A | | Stock Issuance, Net of Equity Issuance Costs (9 months) | $20,567 | N/A | N/A | N/A | | Common Stock Dividends Declared (9 months) | $(20,815) | N/A | N/A | N/A | | Other Comprehensive Income (9 months) | $15,933 | N/A | N/A | N/A | [Consolidated Statements of Cash Flows](index=10&type=section&id=Consolidated%20Statements%20of%20Cash%20Flows) Net cash from operating activities significantly increased to **$34.1 million**, while investing activities used **$80.4 million**, and financing activities provided **$61.8 million** Consolidated Statements of Cash Flows Highlights (Nine Months Ended Sep 30, in thousands) | Metric | 2022 | 2021 | Change ($) | Change (%) | |:---|:---|:---|:---|:---| | Net Cash Provided By Operating Activities | $34,080 | $12,365 | $21,715 | 175.62% | | Net Cash Used In Investing Activities | $(80,370) | $(7,739) | $(72,631) | -938.50% | | Net Cash Provided By Financing Activities | $61,765 | $37,100 | $24,665 | 66.48% | | Cash, Cash Equivalents and Restricted Cash, End of Period | $46,824 | $75,551 | $(28,727) | -38.02% | [Notes to Consolidated Financial Statements](index=12&type=section&id=Notes%20to%20Consolidated%20Financial%20Statements) These notes provide detailed disclosures on the company's business, accounting policies, and specific financial activities, including significant acquisitions, debt, and subsequent events - The company is a retail-focused REIT owning **18 commercial properties** across nine states, totaling **2.7 million square feet** as of September 30, 2022[38](index=38&type=chunk) - Business segments include income properties, management services (for PINE), commercial loans and investments, and real estate operations (subsurface mineral interests and mitigation credits)[39](index=39&type=chunk)[40](index=40&type=chunk)[41](index=41&type=chunk) - Significant acquisitions in 2022 include Price Plaza Shopping Center (**$39.1 million**) and Madison Yards (**$80.2 million**), while dispositions totaled **$81.1 million** with aggregate gains of **$4.7 million**[82](index=82&type=chunk)[84](index=84&type=chunk) - Long-term debt increased to **$370.2 million** as of September 30, 2022, from **$278.3 million** at December 31, 2021, with new term loans and an assumed mortgage note[14](index=14&type=chunk)[168](index=168&type=chunk) - Subsequent to September 30, 2022, the company acquired West Broad Village for **$93.9 million** and filed a new shelf registration statement for up to **$500.0 million**[243](index=243&type=chunk)[244](index=244&type=chunk) [NOTE 1. DESCRIPTION OF BUSINESS](index=12&type=section&id=NOTE%201.%20DESCRIPTION%20OF%20BUSINESS) CTO Realty Growth, Inc. is a retail-focused REIT owning 18 commercial properties and engaging in management services, commercial loan investments, and real estate operations - The company owns and manages **18 commercial real estate properties** (5 single-tenant, 13 multi-tenant) comprising **2.7 million square feet** in nine states[38](index=38&type=

CTO Realty Growth, Inc. (NYSE:CTO) Q2 2022 Earnings Conference Call July 29, 2022 9:00 AM ET Company Participants John Albright - President and Chief Executive Officer Matthew Partridge - Senior Vice President and Chief Financial Officer Conference Call Participants Gaurav Mehta - EF Hutton Robert Stevenson - Janney Montgomery Scott, LLC Michael Gorman - BTIG, LLC Matthew Erdner - JonesTrading Richard Milligan - Raymond James & Associates, Inc. Operator Hello. Thank you for standing by, and welcome to the C ...

REALTY GROWTH Supplemental Reporting Information Q2 2022 © CTO Realty Growth, Inc. | ctoreit.com Table of Contents 1. Second Quarter 2022 Earnings Release 3 2. Key Financial Information © CTO Realty Growth, Inc. | ctoreit.com ▪ Consolidated Balance Sheets 12 | --- | --- | |-------|------------------------------------------------------------------------| | | | | ▪ | Consolidated Statements of Operations 13 | | ▪ | Non-GAAP Financial Measures 14 | | | Capitalization & Dividends 17 | | | Summary of Debt 18 | | ...

Table of Contents Title of each class: Trading Symbols Name of each exchange on which registered: Common Stock, $0.01 par value per share CTO NYSE 6.375% Series A Cumulative Redeemable Preferred Stock, $0.01 par value per share CTO PrA NYSE UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) ...

CTO REALTY GROWTH Investor Presentation t Hollally ago Year-To-Date Highlights Accretive and Opportunistic Investment Activity ▪ Under contract to acquire Madison Yards, a grocery-anchored, class A shopping center in Atlanta, GA for $80.2 million ▪ Currently have several legacy office properties on the market for disposition ▪ Acquired one multi-tenant retail income property in Houston, TX for $39.1 million at a going-in cap rate above the Company's guided range for initial investment cash yields ▪ Entered ...

REALTY GROWTH Supplemental Reporting Information Q1 2022 © CTO Realty Growth, Inc. | ctoreit.com Table of Contents 1. First Quarter 2021 Earnings Release 3 2. Key Financial Information © CTO Realty Growth, Inc. | ctoreit.com ▪ Consolidated Balance Sheets 11 | --- | --- | |-------|------------------------------------------------------------------------| | | | | ▪ | Consolidated Statements of Operations 12 | | ▪ | Non-GAAP Financial Measures 13 | | | Capitalization & Dividends 16 | | | Summary of Debt 17 | | ...

CTO Realty Growth, Inc. (NYSE:CTO) Q1 2022 Earnings Conference Call April 29, 2022 9:00 AM ET Company Participants John Albright - President and CEO Matt Partridge - Chief Financial Officer Conference Call Participants Craig Kucera - B. Riley Securities Jason Stewart - Jones Trading Michael Gorman - BTIG Operator Good day, ladies and gentlemen and thank you for standing by. Welcome to the CTO Realty Growth First Quarter 2022 Operating Results Conference Call. At this time, all participants are in a listen-o ...

Table of Contents Title of each class: Trading Symbols Name of each exchange on which registered: Common Stock, $0.01 par value per share CTO NYSE 6.375% Series A Cumulative Redeemable Preferred Stock, $0.01 par value per share CTO PrA NYSE UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d ...

REALTY GROWTH Investor Presentation Company Profile 93% LEASED OCCUPANCY 22 2.7M 7.6% PROPERTIES SQUARE FEET IMPLIED CAP RATE (1) $41M INVESTMENT IN ALPINE INCOME PROPERTY TRUST $4.90 – $5.15 AFFO PER SHARE GUIDANCE RANGE $351M $283M $677M $75M EQUITY MARKET CAP(1) OUTSTANDING DEBT TOTAL ENTERPRISE VALUE (Net of Cash) SERIES A PREFERRED $4.32/share 7.4% CURRENT ANNUALIZED DIVIDEND YIELD (2) Q1 2022 ANNUALIZED DIVIDEND (2) The Strand at St. John's Town Center Jacksonville, FL (1) As of February 21, 2022. (2) ...

CTO Realty Growth, Inc. (NYSE:CTO) Q4 2021 Earnings Conference Call February 25, 2022 9:00 AM ET Company Participants Matt Partridge - CFO John Albright - President and CEO Conference Call Participants Rob Stevenson - Janney Craig Kucera - B. Riley Securities Jason Stewart - Jones Trading Michael Gorman - BTIG Operator Good day, and thank you for standing by. Welcome to the CTO Realty Growth Fourth Quarter and Year-end 2021 Earnings Call. [Operator Instructions] I'd now like to hand the conference over to ...