Company: ABR-PF
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0001628280-25-007183
Chunk: 82

Company: ARBOR REALTY TRUST INC
Filing Date: 2025-02-21
Form: 10-K
Item: Item 7
Chunk 82
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)1,149 (74)%Gain on real estate3,813 — 3,813 nmIncome from equity affiliates5,772 24,281 (18,509)(76)%Provision for income taxes(13,478)(27,347)13,869 (51)%Net income283,919 400,556 (116,637)(29)%Preferred stock dividends41,369 41,369 — —Net income attributable to noncontrolling interest19,278 29,122 (9,844)(34)%Net income attributable to common stockholders$223,272 $330,065 $(106,793)(32)%

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The following table presents the average balance of our Structured Business interest-earning assets and interest-bearing liabilities, associated interest income (expense) and the corresponding weighted average yields ($ in thousands):

Year ended December 31,20242023AverageCarryingValue (1)InterestIncome /ExpenseW/A Yield /Financing Cost (2)AverageCarryingValue (1)InterestIncome /ExpenseW/A Yield / Financing Cost (2)Structured Business interest-earning assets:Bridge loans$11,593,718 $1,045,057 8.99 %$13,190,889 $1,208,180 9.16 %Mezzanine264,241 27,414 10.35 %224,784 23,939 10.65 %Preferred equity investments117,131 9,082 7.73 %90,960 5,892 6.48 %Other4,601 481 10.43 %20,635 3,370 16.33 %Core interest-earning assets11,979,691 1,082,034 9.01 %13,527,268 1,241,381 9.18 %Cash equivalents624,908 30,729 4.90 %913,382 38,052 4.17 %Total interest-earning assets$12,604,599 $1,112,763 8.80 %$14,440,650 $1,279,433 8.86 %Structured Business interest-bearing liabilities:CLO$5,762,959 $420,137 7.27 %$7,081,594 $496