Company: CMCT
Filing Date: 2025-03-07
Form Type: 10-K
Source: 0000908311-25-000017
Chunk: 53

Company: Creative Media & Community Trust Corp
Filing Date: 2025-03-07
Form: 10-K
Item: Item 8
Chunk 53
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,825)— (14,825)Redemptions of Series D Preferred Stock— — (410)(10)— — (10)— (10)Dividends to holders of Series D Preferred Stock ($1.413 per share)— — — — — (69)(69)— (69)Reclassification of Series A Preferred stock to permanent equity— — 690,171 17,161 (1,545)— 15,616 — 15,616 Redemption of Series A Preferred Stock— — (823,681)(20,505)1,735 (1,412)(20,182)— (20,182)Dividends to holders of Series A Preferred Stock ($1.375 per share)— — — — — (10,830)(10,830)— (10,830)Net loss— — — — — (48,485)(48,485)(2,971)(51,456)Balances, Balances, December 31, 20232,278,673 $23 17,858,629 $443,829 $852,476 $(921,925)$374,403 $2,366 $376,769     

(Continued)

F-6

CREATIVE MEDIA & COMMUNITY TRUST CORPORATION AND SUBSIDIARIES

Consolidated Statements of Equity (Continued)

(In thousands, except share and per share amounts)

 Years Ended December 31, 2024 and 2023Common StockPreferred StockSharesParValueSharesParValueAdditionalPaid-inCapitalDistributionsin Excess of EarningsTotal Stockholders’ EquityNon-controllingInterestsTotalEquityBalances, December 31, 20232,278,673 $23 17,858,629 $443,829 $852,476 $(921,925)$374,403 $2,366 $376,769 Distributions to noncontrolling interests— — — — — — — (43)(43)Stock-based compensation expense10,784 — — — 220 — 220 — 220 Common dividends ($1.70 per share)— — — — — (3,874)(3,874)— (3,874)Common dividends - stock dividend168,