Cousins Properties(US:CUZ)2023-10-27 14:00Financial Performance - Net income available to common stockholders was $19361 thousand, or $013 per share, compared to $80639 thousand, or $053 per share, for third quarter 2022[34] - Funds From Operations (FFO) was $98972 thousand, or $065 per share, compared to $104410 thousand, or $069 per share, for third quarter 2022[34] - For nine months ended September 30, 2023, FFO was $300017 thousand, or $197 per share, compared to $308566 thousand, or $206 per share, for nine months ended September 30, 2022[34] - The company updated its full year 2023 FFO guidance to between $260 and $264 per share[27] Leasing Activity - The company executed 548000 square feet of office leases during the third quarter of 2023[11] - For the nine months ended September 30, 2023, the company executed 1241000 square feet of office leases[25] - Same property net operating income (NOI) on a cash-basis increased 46% for the third quarter of 2023[25] - Second generation net rent per square foot on a cash-basis increased 98% for the third quarter of 2023[25] - The office percent leased (period end) was 911%[35] Portfolio Statistics - Total rentable square feet was 19145 thousand as of September 30, 2023[35] - Equity market capitalization was $3092 million as of September 30, 2023[63] - Net debt/annualized EBITDAre was 502 as of September 30, 2023[64] - The company's share of debt maturities and principal payments is projected to be $429087 thousand in 2024, $758306 thousand in 2025, and $220127 thousand in 2026[122]