Company: NXDT
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001356115-25-000003
Chunk: 326

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 326
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.60 per share)—— 3,276,9094 19,315 (24,889)— (5,570)Series A preferred share distributions declared ($1.3750 per share)—— —— — (4,619)— (4,619)Balances, December 31, 20243,359,593$3 42,679,569$43 $1,039,280 $(202,818)$(2,970)$833,538     

See Notes to Consolidated Financial Statements

101

NEXPOINT DIVERSIFIED REAL ESTATE TRUST AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF EQUITY

(in thousands, except share and per share amounts)

Series A Preferred SharesCommon SharesAdditionalPaid-inCapitalAccumulatedEarnings (Loss)TotalYear Ended December 31, 2023Number ofSharesAmountNumber ofSharesAmountBalances, December 31, 20223,359,593$3 37,171,807$37 $999,845 $17,947 $1,017,832 Stock-based compensation expense—— —— 1,344 — 1,344 Shares issued to Adviser for admin and advisory fees—— 145,620— 1,431 — 1,431 Net loss attributable to common shareholders—— —— — (121,860)(121,860)Net income attributable to preferred shareholders—— —— — 4,619 4,619 Common share distributions declared ($0.60 per share)—— 1,072,1731 8,993 (22,667)(13,673)Series A preferred shares distributions declared ($1.3750 per share)—— —— — (4,619)(4,619)Balances, December 31, 20233,359,593$3 38,389,600$38 $1,011,613 $(126,580)$885,074 

See Notes to Consolidated Financial Statements

102

NEXPOINT DIVERSIFIED REAL ESTATE TRUST AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS

(in thousands)

For the Year Ended December 31, 20242023Cash flows from operating activitiesNet loss$(56,573)$(117,241)Adjustments to reconcile net loss to net cash used in operating activities:Deprec