Company: NXDT
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001356115-25-000003
Chunk: 705

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-03-31
Form: 10-K
Item: Item 8
Chunk 705
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 tax payable(101)(10,364)Real estate taxes payable(523)(23)Operating assets(3,246)(9,077)Operating liabilities6,004 (4,923)Net cash used in operating activities(11,665)(24,266)Cash flows from investing activitiesProceeds from asset redemptions ($19,136 and $4,000 with related parties, respectively)22,701 13,759 Distributions from CLO investments1,266 9,170 Proceeds from sale of investments2,438 16,512 Net cash acquired in acquisition of NexPoint Hospitality Trust42,749 — Purchases of investments ($(34,787) and $(5,984) with related parties, respectively)(34,907)(5,984)Additions to consolidated real estate investments(8,273)(10,474)Proceeds from life settlement policy maturities— 3,000 Cash outflow from deconsolidation of investment— (3,993)Net cash provided by investing activities25,974 21,990 Cash flows from financing activitiesProceeds received from notes payable— 39,000 Mortgage proceeds received ($9,900 and $0 with related parties, respectively)9,900 — Mortgage payments(4,777)(2,364)Prime brokerage borrowing341 11,919 Credit facilities payments(12,915)(10,000)Prime brokerage payments(901)(12,761)Deferred financing costs paid(463)(971)Payments for taxes related to net share settlement of stock-based compensation(202)— Distributions paid to Series A preferred shareholders(4,619)(4,619)Distributions paid to common shareholders(4,941)(13,408)Net cash provided by (used in) financing activities(18,577)6,796 Net increase (decrease) in cash, cash equivalents and restricted cash(4,268)4,520 Cash, cash equivalents and restricted cash, beginning of year53,169 48,649 Cash, cash equivalents and restricted cash, end of year$48,901 $53,169 Supplemental Disclosure of Cash Flow InformationInterest paid$19,886 $15,619 Income tax paid$2,640 $13,737 Supplemental Disclosure of Noncash ActivitiesNon-cash distribution payment$19,319 $8,994 Fair value assets acquired from the sale