Centerspace(US:CSR)2026-02-17 21:15Financial Performance - As of December 31, 2025, the company had $154.9 million in variable-rate borrowings under its lines of credit, with a potential $1.5 million reduction in net income for a 100 basis point increase in 30-day SOFR[253] - Mortgage loan indebtedness decreased by $20.3 million as of December 31, 2025, totaling $400.1 million, with a weighted average interest rate of 3.88%[254] - The average interest rate on fixed-rate mortgage debt was 3.43% as of December 31, 2025[256] - The company aims to maintain a low exposure to interest rate risk, with all mortgage debt at fixed rates of interest[254] Team Member Engagement and Diversity - As of December 31, 2025, 79.7% of team members self-identified as white, 7.7% as Hispanic and/or Latino, and 2.9% as Black or African American[48] - The average tenure of team members was 4.7 years as of December 31, 2025[44] - The company conducts annual team member engagement surveys to gather feedback on performance[47] Training and Development - The company completed approximately 14,800 training courses and nearly 6,600 online training events during the year ended December 31, 2025[46] Corporate Social Responsibility - Team members completed over 2,700 volunteer hours during the year ended December 31, 2025, as part of the company's ESG initiatives[45] Compensation and Benefits - The company’s total rewards program includes competitive compensation and a robust benefits program, aligning team members with overall company performance[44]