Retail Opportunity Investments (US:ROIC)2023-10-25 12:34Company Overview - Retail Opportunity Investments Corp (ROIC) specializes in grocery-anchored shopping centers on the West Coast, owning 93 centers with approximately 106 million square feet as of September 30, 2023[2] - ROIC is the largest publicly-traded, grocery-anchored shopping center REIT focused exclusively on the West Coast[2] Financial Performance (Q3 2023) - Net income attributable to ROIC common stockholders was $8428 thousand for the three months ended September 30, 2023[10] - Funds From Operations (FFO) - DILUTED was $35979 thousand for the three months ended September 30, 2023[10] - FFO Payout Ratio was 556% for the three months ended September 30, 2023[10] Debt and Capitalization - Total principal debt was $1560219 thousand as of September 30, 2023[16] - Total equity market capitalization was $1642741 thousand as of September 30, 2023[16] - Total market capitalization was $3202960 thousand as of September 30, 2023[16] - Unsecured principal debt accounted for 961% of the total principal debt, amounting to $1500000 thousand[85] Portfolio and Leasing - The shopping center portfolio's total leased GLA (Gross Leasable Area) was 10290472 square feet[43] - The percentage of total leased GLA for the top 10 tenants was 285%, accounting for 2936451 square feet[43] - The ABR (Annualized Base Rent) for the top 10 tenants was $46272 thousand, representing 197% of the total ABR[43]