Company: CMCT
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0000908311-25-000067
Chunk: 35

Company: Creative Media & Community Trust Corp
Filing Date: 2025-08-14
Form: 10-Q
Item: Item 1
Chunk 35
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2024REVENUES:    Rental and other property income$15,779 $19,249 $32,999 $38,022 Hotel income11,173 11,696 23,307 22,960 Interest and other income2,737 3,494 5,678 7,455 Total Revenues29,689 34,439 61,984 68,437 EXPENSES:    Rental and other property operating16,974 17,196 34,099 35,177 Asset management and other fees to related parties          349 425 709 819 Expense reimbursements to related parties—corporate891 612 1,517 1,217 Expense reimbursements to related parties—lending segment678 673 1,337 1,236 Interest10,176 9,226 19,934 18,203 General and administrative1,801 1,403 3,982 3,022 Transaction-related costs803 135 829 825 Depreciation and amortization6,264 6,456 12,824 12,934 Loss on early extinguishment of debt (Note 7)88 — 88 — Impairment of real estate (Note 3)221 — 221 — Total Expenses38,245 36,126 75,540 73,433 (Loss) income from unconsolidated entities(437)1,123 (1,588)797 LOSS BEFORE (BENEFIT) PROVISION FOR INCOME TAXES(8,993)(564)(15,144)(4,199)Provision for income taxes158 288 279 558 NET LOSS(9,151)(852)(15,423)(4,757)Net loss attributable to non-controlling interests152 56 310 231 NET LOSS ATTRIBUTABLE TO THE COMPANY(8,999)(796)(15,113)(4,526)Redeemable preferred stock dividends declared or accumulated (Note 11)(5,280)(7,876)(10,764)(15,635)Redeemable preferred stock deemed dividends (Note 11)— (428)— (428)Redeemable preferred stock redemptions (Note 11)— (567)(300)(1,373)NET LOSS ATTRIBUTABLE TO