Company: NXDT
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001356115-25-000003
Chunk: 1147

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-03-31
Form: 10-K
Item: Item 7A
Chunk 1147
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 unrealized (gains) losses from non-real estate investments1,348—1,348108,249Property general and administrative expenses2,8784,5277,4054,250Impairment loss—7,1107,110—Income tax expense (benefit)1,441(69)1,3722,731Depreciation and amortization11,6983,90215,60013,937Equity in (income) losses of unconsolidated equity method ventures(129)—(129)306Other segment items (2)7347571,4911,929Net loss$(38,488)$(18,085)$(56,573)$(117,241)The following table presents total assets for the reportable segments (in thousands):As of December 31, 2024As of December 31, 2023NexPoint Diversified Real Estate TrustNexPoint Hospitality TrustTotalNexPoint Diversified Real Estate Trust (1)Total assets$1,039,392 $185,447 $1,224,839 $1,098,336 (1)For the year ended December 31, 2023, the Company only had 1 reportable segment, NXDT.(2)Other segment items includes: Property management fees and conversion expenses.

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18. Subsequent Events

Distributions DeclaredOn February 18, 2025, the Board approved a quarterly distribution of $0.15 per common share, payable on March 31, 2025 to shareholders of record on March 14, 2025. The distribution on the Company’s common shares consists of a combination of cash and shares, with the cash component of the distribution (other than cash paid in lieu of fractional shares) not to exceed 20% in the aggregate, with the balance being paid in the Company’s common shares. Also on February 18, 2025, the Board approved a quarterly distribution of $0.34375 per Series A Preferred Share, payable on March 31, 2025 to shareholders of record on March 24, 2025.  On February 18, the Board approved monthly distributions of $0.1875 per 9.00% Series B Cumulative Redeemable Preferred Share each, payable on March 5, 2025 and April 7, 2025 to shareholders of record on February 25, 2025 and March 25, 2025