Company: ABR-PF
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001628280-25-021683
Chunk: 77

Company: ARBOR REALTY TRUST INC
Filing Date: 2025-05-02
Form: 10-Q
Item: Part I, Item 1
Chunk 77
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audited)

At March 31, 2025 and December 31, 2024, we had $1.4 million and $2.3 million, respectively, included in others assets, which was comprised of cash posted as collateral of $2.8 million and $2.0 million, respectively, and net liability and net asset positions of $1.5 million and $0.3 million, respectively, from the fair value of our treasury futures.During the three months ended March 31, 2025, we recorded realized gains of $0.5 million and unrealized losses of $1.7 million to our Agency Business. During the three months ended March 31, 2024, we recorded realized losses of $0.1 million and unrealized gains of $0.4 million to our Agency Business.A summary of our non-qualifying derivative financial instruments in our Agency Business is as follows ($ in thousands):March 31, 2025Fair ValueDerivativeCountNotional ValueBalance Sheet LocationDerivative AssetsDerivative LiabilitiesRate lock commitments6$39,493 Other assets/other liabilities$309 $(324)Forward sale commitments22268,546 Other assets/other liabilities1,240 (333)Treasury futures828,200 — — $316,239 $1,549 $(657)December 31, 2024Forward sale commitments44$396,024 Other assets/other liabilities$95 $(4,209)Treasury futures828,200 — — $404,224 $95 $(4,209)

Note 13 — Fair Value

Fair value estimates are dependent upon subjective assumptions and involve significant uncertainties resulting in variability in estimates with changes in assumptions. The following table summarizes the principal amounts, carrying values and the estimated fair values of our financial instruments (in thousands):March 31, 2025December 31, 2024Principal /Notional AmountCarryingValueEstimatedFair ValuePrincipal /Notional AmountCarryingValueEstimatedFair ValueFinancial assets:Loans and investments, net$11,489,393 $11,215,625 $11,248,443 $11,304,956 $11,033,997 $11,122,205 Loans held-for-sale, net315,700 314,635 324,521 438,233 435,759 449,339 Capitalized mortgage servicing rights, netn