Company: NXDT
Filing Date: 2025-01-21
Form Type: 424B3
Source: 0001437749-25-001494
Chunk: 1802

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-01-21
Form: 424B3
Chunk 1802
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 |   |     |   |     422 |   |     |   |     (226 | ) |
| Income tax expense                                         |     |                                     |    (303 | ) |     |   |    (308 | ) |     |   |        5 |   |
| Change in unrealized gains (losses)                        |     |                                     |  (3,154 | ) |     |   |  (9,332 | ) |     |   |    6,178 |   |
| Realized gains (losses)                                    |     |                                     |      (3 | ) |     |   |    (914 | ) |     |   |      911 |   |
| Net income (loss)                                          |     |                                     | (10,522 | ) |     |   | (13,867 | ) |     |   |    3,345 |   |
| Net (income) loss attributable to preferred shareholders   |     |                                     |  (1,155 | ) |     |   |  (1,155 | ) |     |   |        — |   |
| Net (income) loss attributable to noncontrolling interests |     |                                     |   1,894 |   |     |   |       — |   |     |   |    1,894 |   |
| Net income (loss) attributable to common shareholders      |     | $                                   |  (9,783 | ) |     | $ | (15,022 | ) |     | $ |    5,239 |   |

The net loss for the three months ended June 30, 2024 and 2023, primarily relates to mark-to-market losses on our investments accounted for at fair value partially offset by interest and dividends.

Revenues

Rental income. Rental income was $4.0 million for the three months ended June 30, 2024, compared to $5.4 million for the three months ended June 30, 2023, which was a decrease of approximately $1.4 million. Rental income decreased between the periods due to a decrease in occupancy at Cityplace Tower.

Rooms. Rooms revenuewas$8.2 million for the three months ended June 30, 2024. All rooms revenue is derived from the NHT segment, which was not consolidated prior to April 19, 2024.

Food and beverage.F&B revenue was $0.8 million for the three months ended