Retail Opportunity Investments (US:ROIC)2022-06-08 17:49Company Overview - ROIC's total market capitalization is $3.9 billion as of March 31, 2022[4] - The company owns 89 shopping centers with a total owned square footage of 10.2 million[4,12] - The portfolio lease rate is 97.2% with 1,957 tenants[4,37] - 97% of the portfolio is grocery and/or drug anchored[4,40] Financial Performance - Net income attributable to common stockholders was $11.6 million, or $0.09 per diluted share[37] - Funds From Operations (FFO) totaled $36.2 million, or $0.28 per diluted share[37] - Same-center cash net operating income increased by 7.5% compared to the first quarter of 2021[37] - The company raised $23.4 million of common equity through the ATM program year-to-date[37] Debt and Capitalization - Total debt outstanding is $1,321.2 million[26] - Public stockholders represent 62% of the capitalization[27] - Unsecured debt accounts for 32% of the capitalization[27] - 96% of the gross leasable area (GLA) is unencumbered[27,41]