Company: NXDT
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001356115-25-000021
Chunk: 82

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-08-14
Form: 10-Q
Item: Item 1A
Chunk 82
---
The following table reflects the revenues, property operating expenses and NOI for the six months ended June 30, 2025 and 2024 for our Same Store and Non-Same Store properties (dollars in thousands):

For the Six Months Ended June 3020252024$ Change% ChangeRevenuesSame StoreRental income$808 $707 $101 14.3 %Same Store revenues808 707 101 14.3 %Non-Same StoreRental income6,550 7,325 (775)-10.6 %Other income541 402 139 34.6 %(1)Rooms16,631 8,200 8,431 N/MFood and beverage1,639 812 827 N/MNon-Same Store revenues25,361 16,739 8,622 N/M(1)Total revenues26,169 17,446 8,723 50.0 %(1)Operating expensesSame StoreProperty operating expenses122 88 34 38.6 %Real estate taxes and insurance140 146 (6)-4.1 %Property management fees41 38 3 7.9 %Property general and administrative expenses10 17 (7)-41.2 %Same Store operating expenses313 288 25 8.7 %Non-Same StoreProperty operating expenses12,362 8,246 4,116 49.9 %(1)Real estate taxes and insurance3,274 2,868 406 14.2 %(1)Property management fees865 324 541 N/M(1)Property general and administrative expenses3,597 2,875 722 25.1 %(1)Non-Same Store operating expenses20,098 14,312 5,786 40.4 %(1)Total operating expenses20,411 14,601 5,810 39.8 %(1)Operating incomeNon-Same StoreRealized gains (losses)37 — 37 — %Total operating income37 — 37 — %NOISame Store495 419 76 18.1 %Non-Same Store5,300 2,426 2,874 N/M(1)Total NOI$5,795 $2,845 $2,950 N/M(1)

59

(1)