Company: CMCT
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0000908311-25-000096
Chunk: 44

Company: Creative Media & Community Trust Corp
Filing Date: 2025-11-14
Form: 10-Q
Item: Item 1
Chunk 44
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9,279)Principal collected on loans7,697 7,390 Net cash used in investing activities(9,297)(14,704)CASH FLOWS FROM FINANCING ACTIVITIES:  Payment of revolving credit facilities, mortgages payable, term notes and principal on SBA 7(a) loan-backed notes(29,376)(12,690)Proceeds from revolving credit facilities, term notes and mortgages51,535 20,000 Payment of principal on secured borrowings(38)(1,198)Payment of deferred preferred stock offering costs— (1,029)Payment of deferred debt origination costs(2,964)(622)Payment of common dividends— (5,811)Net proceeds from issuance of Preferred Stock(8)40,450 Payment of Preferred Stock dividends(16,677)(23,543)Redemption of Preferred Stock— (24,943)Contributions from noncontrolling interests8 — Distributions to noncontrolling interests(295)(43)Net cash provided by (used in) financing activities2,185 (9,429)(Continued)

5

CREATIVE MEDIA & COMMUNITY TRUST CORPORATION AND SUBSIDIARIES

Consolidated Statements of Cash Flows (Continued)

(In thousands) (Unaudited)

 Nine Months EndedSeptember 30, 20252024NET DECREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH(4,641)(8,253)CASH AND CASH EQUIVALENTS AND RESTRICTED CASH:  Beginning of period52,868 44,228 End of period$48,227 $35,975 RECONCILIATION OF CASH AND CASH EQUIVALENTS AND RESTRICTED CASH TO THE CONSOLIDATED BALANCE SHEETS:Cash and cash equivalents$17,320 $18,454 Restricted cash30,907 17,521 Total cash and cash equivalents and restricted cash$48,227 $35,975 SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:  Cash paid during the period for interest$26,701 $25,714 Federal income taxes paid$284 $366 SUPPLEMENTAL DISCLOSURES OF NONCASH INVESTING AND FINANCING ACTIVITIES:  Accrued capital expenditures, tenant improvements and real estate developments$4