Company: NXDT
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001356115-25-000003
Chunk: 43

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-03-31
Form: 10-K
Item: Item 5
Chunk 43
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745 $46,436 $78,298 $518,698 $643,432 The table below summarizes the Company’s assets within the valuation hierarchy carried at fair value on a recurring basis as of December 31, 2023 (in thousands):Fair ValueLevel 1Level 2Level 3TotalAssetsBond$— $30 $— $30 CLO— — 1,215 1,215 Common stock42,832 — 176,256 219,088 Convertible notes— — 42,251 42,251 LLC interest— — 39,399 39,399 LP interest— 76,688 195,898 272,586 Preferred Shares— — 66,268 66,268 Rights and warrants— 3,993 — 3,993 Senior loan— 55 46,353 46,408 $42,832 $80,766 $567,640 $691,238     

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The table below sets forth a summary of changes in the Company’s Level 3 assets (assets measured at fair value using significant unobservable inputs) for the year ended December 31, 2024 (in thousands):December 31, 2023Contributions/ PurchasesPaid in- kind dividendsTransfer Into (Out of) Level 3Investments (Eliminated) Acquired Through Consolidation¹Redemptions/conversionsReturn of capitalRealized gain/(loss)Unrealized gain/(loss)December 31, 2024CLO$1,215 $— $— $— $— $— $(1,266)$(22,735)$22,786 $— Common stock176,256 904 — — (7,757)— — — (11,575)157,828 Convertible notes42,251 — — — (21,129)— — — (276)20,846 LLC interest39,399 742 — — — — — — (3,364)36,777 LP interest195,898 5,459 — — — — — — (11,698)189,659 Preferred Shares66,268 — 5,327 — — (1,