Company: NXDT
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001356115-25-000003
Chunk: 834

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-03-31
Form: 10-K
Item: Item 9B
Chunk 834
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 Supplemental Disclosure of Noncash ActivitiesNon-cash distribution payment$19,319 $8,994 Fair value assets acquired from the sale of consolidated investments*$— $68,500 Non-cash advisory fee payment$5,545 $1,431 Increase in dividends payable upon vesting of restricted stock units$628 $265 Real estate investments assumed in acquisition of NexPoint Hospitality Trust$(167,624)$— DST investments assumed in acquisition of NexPoint Hospitality Trust$(5,000)$— Interest rate caps assumed in acquisition of NexPoint Hospitality Trust$(1,064)$— Notes payable assumed in acquisition of NexPoint Hospitality Trust$50,694 $— Mortgages payable assumed in acquisition of NexPoint Hospitality Trust$114,640 $— Right of use assets assumed in acquisition of NexPoint Hospitality Trust$(1,465)$— Accrued interest payable assumed in acquisition of NexPoint Hospitality Trust$6,353 $— Noncontrolling interests assumed in acquisition of NexPoint Hospitality Trust$6,873 $— Deconsolidated investments at fair value from the acquisition of NexPoint Hospitality Trust$24,981 $— Accounts receivable and other assets assumed in acquisition of NexPoint Hospitality Trust$(1,305)$— Prepaid assets and other assets assumed in acquisition of NexPoint Hospitality Trust$(1,492)$— Accounts payable and other liabilities assumed in acquisition of NexPoint Hospitality Trust$14,276 $— Real estate taxes payable assumed in acquisition of NexPoint Hospitality Trust$1,233 $— Change in capitalized construction costs included in accounts payable and other accrued liabilities$698 $723 Adjustment to Life Insurance Policies, at fair value, on deconsolidation of entity$— $(62,484)Adjustment to accounts receivable on deconsolidation of entity$— $(2,023)

*For more information about this transaction, refer to Note 11. Life Settlement Portfolio

See Notes to Consolidated Financial Statements

103

NEXPOINT DIVERSIFIED REAL ESTATE TRUST AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

1. Organization and Description of Business

NexPoint Diversified Real Estate Trust (the "Company", "we", "us", or "our") was formed in Delaware and has elected to be taxed as a real estate investment trust (a “REIT”).