Company: ABR-PF
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001628280-25-021683
Chunk: 193

Company: ARBOR REALTY TRUST INC
Filing Date: 2025-05-02
Form: 10-Q
Item: Part I, Item 8
Chunk 193
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(4,230)— (3,591)Net income25,780 17,602 — 43,382 Preferred stock dividends10,342 — — 10,342 Net income attributable to noncontrolling interest— — 2,602 2,602 Net income attributable to common stockholders$15,438 $17,602 $(2,602)$30,438 

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Table of ContentsARBOR REALTY TRUST, INC. AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)

Three Months Ended March 31, 2024StructuredBusinessAgencyBusinessOther (1)ConsolidatedInterest income$307,888 $13,404 $— $321,292 Interest expense212,600 5,076 — 217,676 Net interest income95,288 8,328 — 103,616 Other revenue:Gain on sales, including fee-based services, net— 16,666 — 16,666 Mortgage servicing rights— 10,199 — 10,199 Servicing revenue— 48,157 — 48,157 Amortization of MSRs— (16,631)— (16,631)Property operating income1,570 — — 1,570 Loss on derivative instruments, net— (5,257)— (5,257)Other income, net2,300 33 — 2,333 Total other revenue3,870 53,167 — 57,037 Other expenses:Employee compensation and benefits18,547 23,423 — 41,970 Commissions— 5,724 — 5,724 Selling and administrative6,796 7,137 — 13,933 Property operating expenses1,678 — — 1,678 Depreciation and amortization1,398 1,173 — 2,571 Provision for loss sharing (net of recoveries)— 273 — 273 Provision for credit losses (net of recoveries)17,777 1,341 — 19,118 Total other expenses46,196 39,071 — 85,267 Income before income from equity affiliates and income taxes52,962 22,424 — 75,386