Company: ABR-PF
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001253986-25-000014
Chunk: 25

Company: ARBOR REALTY TRUST INC
Filing Date: 2025-08-01
Form: 10-Q
Item: Part I, Item 2
Chunk 25
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(674)371 (5,371)5,894 Loss on real estate1,857 — 4,667 — Stock-based compensation2,610 2,750 8,545 8,772 Distributable earnings (1)$52,069 $91,565 $109,394 $188,244 Diluted weighted average shares outstanding - GAAP (1)209,003,002 205,487,711207,938,574 205,499,619Less: Convertible notes dilution (2)— — — — Diluted weighted average shares outstanding - distributable earnings (1)209,003,002 205,487,711207,938,574 205,499,619Diluted distributable earnings per share (1)$0.25 $0.45 $0.53 $0.92 

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(1)Amounts are attributable to common stockholders and OP Unit holders. The OP Units are redeemable for cash, or at our option for shares of our common stock on a one-for-one basis.

(2)The diluted weighted average shares outstanding are adjusted to exclude the potential shares issuable upon conversion and settlement of our convertible senior notes principal balance. No adjustment was necessary for all periods presented, as their effect was anti-dilutive and not reflected in the GAAP diluted weighted average shares outstanding.

Item 3.    Quantitative and Qualitative Disclosures About Market Risk

We disclosed a quantitative and qualitative analysis regarding market risk in Item 7A of our 2024 Annual Report. That information is supplemented by the information included above in Item 2 of this report. Other than the developments described thereunder, there have been no material changes in our exposure to market risk since December 31, 2024.

The following table projects the potential impact on interest (in thousands) for a 12-month period, assuming a hypothetical instantaneous increase or decrease of 50 basis points and a decrease of 100 basis points in corresponding interest rates. Since it is unlikely that interest 

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rates will significantly increase in the near future as a result of the current high interest rate environment, we have excluded the impact of a 100 basis point increase in corresponding interest rates.

Assets (Liabilities)Subject to InterestRate Sensitivity (1)50 Basis PointIncrease50 Basis PointDecrease100 Basis PointDecreaseInterest income from loans and investments$11,