Company: ABR-PF
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001253986-25-000022
Chunk: 231

Company: ARBOR REALTY TRUST INC
Filing Date: 2025-10-31
Form: 10-Q
Item: Part I, Item 8
Chunk 231
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,762188,513,832205,347,309Net income per common share (1)$0.20 $0.20 $0.31 $0.31 Nine Months Ended September 30,20252024Net income attributable to common stockholders (1)$92,852 $92,852 $163,445 $163,445 Net income attributable to noncontrolling interest (2)— 7,828 — 14,119 Net income attributable to common stockholders and noncontrolling interest (3)$92,852 $100,680 $163,445 $177,564 Weighted average shares outstanding192,028,656192,028,656188,626,263188,626,263Dilutive effect of OP Units (2)—16,198,659—16,293,589Dilutive effect of RSUs (4)—580,436—528,627Weighted average shares outstanding (3)192,028,656208,807,751188,626,263205,448,479Net income per common share (1)$0.48 $0.48 $0.87 $0.86 ________________________(1)Net of preferred stock dividends.(2)We consider OP Units to be common stock equivalents as the holders have voting rights, the right to distributions and the right to redeem the OP Units for the cash value of a corresponding number of shares of common stock or a corresponding number of shares of common stock, at our election.

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Table of ContentsARBOR REALTY TRUST, INC. AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)

(3)The three and nine months ended September 30, 2025 excludes interest expense of $2.0 million and $14.2 million, respectively, and potentially dilutive shares of 6,031,516 and 13,664,112, respectively, attributable to convertible debt since their effect would have been anti-dilutive. The three and nine months ended September 30, 2024 excludes interest expense of $6.1 million and $18.3 million, respectively, and potentially dilutive shares of 17,512,742 and 17,463,320, respectively, attributable to convertible debt since their effect would have been anti-dilutive. In August 2025, our convertible debt matured and was fully settled.(4