Company: NXDT
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001628280-25-052132
Chunk: 82

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-11-13
Form: 10-Q
Item: Item 1A
Chunk 82
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 Store properties (dollars in thousands):

For the Three Months Ended September 3020252024$ Change% ChangeRevenuesSame StoreRental income$484 $364 $120 33.0 %Rooms1,013 1,034 (21)-2.0 %Food and beverage112 98 14 13.8 %Other income168 172 (4)-2.2 %Same Store revenues1,777 1,668 99 6.5 %Non-Same StoreRental income1,132 4,083 (2,951)N/MRooms3,745 6,246 (2,501)-40.0 %Food and beverage441 435 6 1.4 %Other income173 733 (560)N/MNon-Same Store revenues5,491 11,497 (6,006)N/MTotal revenues7,268 13,165 (5,897)-44.8 %Operating expensesSame StoreProperty operating expenses766 748 18 2.4 %Real estate taxes and insurance131 119 12 10.1 %Property management fees56 52 4 7.7 %Property general and administrative expenses179 240 (61)-25.4 %Same Store operating expenses1,132 1,159 (27)-2.3 %Non-Same StoreProperty operating expenses4,799 5,591 (792)-14.2 %Real estate taxes and insurance1,183 1,520 (337)-22.2 %Property management fees246 613 (367)N/MProperty general and administrative expenses1,129 1,817 (688)-37.9 %Non-Same Store operating expenses7,357 9,541 (2,184)-22.9 %Total operating expenses8,489 10,700 (2,211)-20.7 %NOISame Store645 510 135 26.5 %Non-Same Store(1,866)1,956 (3,822)N/MTotal NOI$(1,221)$2,466 $(3,687)N/M

Consolidated Same Store Results of Operations for the Three Months Ended September 30, 2025 and 2024

As of September 30, 2025, the properties in