Company: ABR-PF
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001253986-25-000014
Chunk: 51

Company: ARBOR REALTY TRUST INC
Filing Date: 2025-08-01
Form: 10-Q
Item: Part I, Item 1
Chunk 51
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 to estimate expected forfeitures for awards with service conditions. Lastly, the ASU clarifies that the variable consideration constraint under ASC 606 does not apply to share-based payments made to customers.First quarter of 2027, with early adoption permittedWe currently do not have any transactions that fall under the scope of this ASU.In May 2025, the FASB issued ASU 2025-03, Business Combinations (Topic 805) and Consolidation (Topic 810): Determining the Accounting Acquirer in the Acquisition of a Variable Interest Entity. This ASU addresses concerns about inconsistent accounting outcomes in business combinations involving VIEs. Under previous GAAP, the primary beneficiary of a VIE was automatically deemed the accounting acquirer in a business combination, regardless of transaction structure. The ASU revises this approach by requiring entities to assess specific criteria to determine the appropriate accounting acquirer when the following conditions are met: (1) the transaction is primarily effected through the exchange of equity interests, (2) the legal acquiree is a VIE, and (3) the legal acquiree qualifies as a business under ASC 805. The amendments are to be applied prospectively.First quarter of 2027, with early adoption permittedWe currently do not have any transactions that fall under the scope of this ASU.Significant Accounting PoliciesSee Item 8 – Financial Statements and Supplementary Data in our 2024 Annual Report for a description of our significant accounting policies. There have been no significant changes to our significant accounting policies since December 31, 2024.

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

*Note 3 — Loans and Investments

Our Structured Business loan and investment portfolio consists of ($ in thousands):June 30, 2025Percent ofTotalLoanCountWtd. Avg.Pay Rate (1)Wtd. Avg.RemainingMonths toMaturity (2)Wtd. Avg.First DollarLTV Ratio (3)Wtd. Avg.Last DollarLTV Ratio (4)Bridge loans (5)$11,105,463 96 %6116.98 %11.10 %79 %Mezzanine loans250,858 2 %617.78 %50.753 %82 %Preferred equity investments149,776 1 %276.77 %48.062 %80 %Construction - multif