Company: HOUS
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001398987-25-000108
Chunk: 50

Company: Anywhere Real Estate Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 8
Chunk 50
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 Company reassesses the fair value of the contingent consideration liabilities on a quarterly basis.The following table presents changes in Level III financial liabilities measured at fair value on a recurring basis:Level IIIFair value of contingent consideration at December 31, 2024$2 Additions: contingent consideration related to acquisitions completed during the period— Reductions: payments of contingent consideration— Changes in fair value (reflected in general and administrative expenses)— Fair value of contingent consideration at June 30, 2025$2 

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The following table summarizes the principal amount of the Company’s indebtedness compared to the estimated fair value, primarily determined by quoted market values, at: June 30, 2025December 31, 2024DebtPrincipal AmountEstimatedFair Value (a)Principal AmountEstimatedFair Value (a)Revolving Credit Facility$610 $610 $490 $490 9.75% Senior Secured Second Lien Notes500 508 — — 7.00% Senior Secured Second Lien Notes640 597 640 564 5.75% Senior Notes559 488 558 442 5.25% Senior Notes449 366 449 337 0.25% Exchangeable Senior Notes58 56 403 359 _______________(a)The fair value of the Company's indebtedness is categorized as Level II.Equity Method InvestmentsAt June 30, 2025, the Company had various equity method investments totaling $166 million recorded on the other non-current assets line on the accompanying Condensed Consolidated Balance Sheets. Although the Company holds certain governance rights, it lacks controlling financial or operational interests in these investments.The Company recorded equity in (earnings) losses from its equity method investments as follows:Three Months Ended June 30,Six Months Ended June 30, 2025202420252024Guaranteed Rate Affinity (a)$(2)$— $(1)$2 Title Insurance Underwriter Joint Venture (b)— (1)— (1)Other equity method investments (c)(3)(2)(3)(3)Equity in earnings of unconsolidated entities$(5)$(3)$(4)$(2)_______________(a)The Company's 49.9% minority-owned mortgage origination joint venture with Guaranteed Rate, Inc. ("Guaranteed Rate Affinity") at Title Group had an investment balance of $55 million and $