Company: CMCT
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0000908311-25-000067
Chunk: 40

Company: Creative Media & Community Trust Corp
Filing Date: 2025-08-14
Form: 10-Q
Item: Item 1
Chunk 40
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 for sale to secondary market(3,993)(10,821)Proceeds from sale of guaranteed loans5,484 8,559 Principal collected on loans subject to secured borrowings26 582 Commitment fees remitted and other operating activity(118)(294)Changes in operating assets and liabilities:  Accounts receivable(49)(771)Other assets(1,113)1,132 Accounts payable and accrued expenses(1,018)(2,589)Deferred leasing costs(901)(1,046)Other liabilities(1,116)(1,045)Due to related parties(137)2,440 Net cash (used in) provided by operating activities(1,271)5,540 CASH FLOWS FROM INVESTING ACTIVITIES:  Capital expenditures(12,751)(3,782)Proceeds from sale of real estate, net— 1,096 Investment in unconsolidated entity(1,209)(530)Distributions from unconsolidated entity— 330 Loans funded(1,331)(3,607)Principal collected on loans5,065 5,105 Net cash used in investing activities(10,226)(1,388)CASH FLOWS FROM FINANCING ACTIVITIES:  Payment of revolving credit facilities, mortgages payable, term notes and principal on SBA 7(a) loan-backed notes(20,053)(6,428)Proceeds from revolving credit facilities, term notes and mortgages50,315 20,000 Payment of principal on secured borrowings(26)(582)Payment of deferred preferred stock offering costs— (695)Payment of deferred debt origination costs(2,069)(206)Payment of common dividends— (3,874)Net proceeds from issuance of Preferred Stock(8)27,873 Payment of Preferred Stock dividends(11,395)(15,527)Redemption of Preferred Stock— (18,058)Contributions from noncontrolling interests8 — Distributions to noncontrolling interests(285)(43)Net cash provided by financing activities16,487 2,460 (Continued)

5

CREATIVE MEDIA & COMMUNITY TRUST CORPORATION AND SUBSIDIARIES

Consolidated Statements of Cash Flows (Continued)

(In thousands) (Unaudited)

 Six Months EndedJune 30, 20252024NET INCREASE IN CASH AND CASH EQUI