Company: ABR-PF
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001253986-25-000022
Chunk: 127

Company: ARBOR REALTY TRUST INC
Filing Date: 2025-10-31
Form: 10-Q
Item: Part I, Item 1
Chunk 127
---
, which was predominately direct labor costs (i.e., time spent working on each business segment). Such costs include, but are not limited to, compensation and employee related costs, selling and administrative expenses and stock-based compensation. Intersegment revenue and expenses have been eliminated in the computation of total revenue and operating income.Our chief operating decision maker (“CODM”) is Ivan Kaufman, our chief executive officer. The CODM uses both net interest income and net income for each segment predominantly in the annual budget and forecasting process. The CODM considers both budget and actual results on a quarterly basis for both profit measures when making decisions about the allocation of operating and capital resources to each segment. The CODM also uses segment net interest income and net income to assess the performance of each segment by comparing the results of each segment with one another and in determining the compensation of certain employees.Three Months Ended September 30, 2025StructuredBusinessAgencyBusinessOther (1)ConsolidatedInterest income$208,254 $14,747 $— $223,001 Interest expense176,158 8,577 — 184,735 Net interest income32,096 6,170 — 38,266 Other revenue:Gain on sales, including fee-based services, net— 23,340 — 23,340 Mortgage servicing rights— 15,538 — 15,538 Servicing revenue— 47,471 — 47,471 Amortization of MSRs— (17,819)— (17,819)Property operating income4,189 — — 4,189 Loss on derivative instruments, net— (2,206)— (2,206)Other income, net3,595 55 — 3,650 Total other revenue7,784 66,379 — 74,163 Other expenses:Employee compensation and benefits16,124 21,207 — 37,331 Commissions— 6,838 — 6,838 Selling and administrative6,420 7,278 — 13,698 Property operating expenses7,296 — — 7,296 Depreciation and amortization4,963 392 — 5,355 Provision for loss sharing— 8,256 — 8,256 Provision for credit losses (net of recoveries)17,470 2,224