Company: NXDT
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001356115-25-000014
Chunk: 47

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-05-15
Form: 10-Q
Item: Item 1
Chunk 47
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)(11)—Property general and administrative expenses5881,4031,991667Impairment loss—1,7521,752—Income tax expense (benefit)9612521,213550Depreciation and amortization2,7921,1173,9092,796Equity in (income) losses of unconsolidated equity method ventures357—3571,154Other segment items (2)180339519176Net loss$(31,340)$(3,766)$(35,106)$(21,548)

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The following table presents total assets for the reportable segments (in thousands):As of March 31, 2025As of December 31, 2024NexPoint Diversified Real Estate TrustNexPoint Hospitality TrustTotalNexPoint Diversified Real Estate TrustNexPoint Hospitality TrustTotalTotal assets$1,005,816 $173,738 $1,179,554 $1,039,392 $185,447 $1,224,839 (1)For the three months ended March 31, 2024, the Company only had 1 reportable segment, NXDT.(2)Other segment items includes: Property management fees.

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17. Subsequent Events

Distributions DeclaredOn April 28, 2025, the Board approved a quarterly distribution of $0.15 per common share, payable on June 30, 2025 to shareholders of record on May 9, 2025. The distribution on the Company’s common shares consists of a combination of cash and shares, with the cash component of the distribution (other than cash paid in lieu of fractional shares) not to exceed 20% in the aggregate, with the balance being paid in the Company’s common shares. Also on April 28, 2025, the Board approved a quarterly distribution of $0.34375 per Series A Preferred Share, payable on June 30, 2025 to shareholders of record on June 23, 2025. On April 4, 2025, the Board approved monthly distributions of $0.1875 per Series B Preferred Share each, payable on May 5, 2025, June 5, 2025 and July 7, 2025 to shareholders of record on April 25, 2025, May 23, 2025 and June 25, 2025, respectively.Held for Sale, Las Colinas