Company: DBRG
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001679688-25-000084
Chunk: 88

Company: DigitalBridge Group, Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 1
Chunk 88
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30,(In thousands)20252024Net income (loss) attributable to common stockholders$16,962 $76,763 Net income (loss) attributable to noncontrolling interests in Operating Company1,082 5,426 Net income (loss) attributable to Operating Company18,044 82,189 Transaction-related costs and non-core items (1)(4,982)5,344 Other (gain) loss, net (2)(8,287)(13,451)Unrealized principal investment income (3)(55,422)(6,322)Unrealized carried interest, net of associated expense (allocation) reversal (4)11,649 (75,065)Equity-based compensation10,873 17,641 Depreciation and amortization expense8,585 8,097 Amortization of deferred financing costs, debt premiums and discounts1,106 584 Adjustments attributable to noncontrolling interests in investment entities (5)1,462 (110)OP share of (income) loss from discontinued operations (6)(1,646)722 Distributable Earnings, after tax—attributable to Operating Company(18,618)19,629 Realized principal investment (income) loss33,957 (7,551)Distributed carried interest and incentive fees subject to realization events, net of associated expense allocation (4)— (186)Interest, dividend and other income(3,369)(3,094)Interest expense and preferred dividends18,093 17,177 Placement fee and other expenses1,159 — Income tax (benefit) expense753 (7)Fee-Related Earnings—attributable to Operating Company$31,975 $25,968  

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(1)    Non-core items primarily include acquisition-related compensation and certain severance costs, as well as litigation and settlement-related matters, which are presented within compensation expense—cash and equity-based, administrative and other expenses, and other gain (loss), net on the GAAP income statement.

(2)    Comprises (i) all unrealized gains and losses; and (ii) realized gains and losses recorded by consolidated funds or associated with non-core investments.

(3)    Unrealized principal investment income is presented net of a third party participation interest, representing only the Operating Company's share.

(4)    Carried interest and incentive fees are presented net of expense allocation or