Company: ABR-PF
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001628280-25-021683
Chunk: 192

Company: ARBOR REALTY TRUST INC
Filing Date: 2025-05-02
Form: 10-Q
Item: Part I, Item 8
Chunk 192
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 when making decisions about the allocation of operating and capital resources to each segment. The CODM also uses segment net interest income and net income to assess the performance of each segment by comparing the results of each segment with one another and in determining the compensation of certain employees.Three Months Ended March 31, 2025StructuredBusinessAgencyBusinessOther (1)ConsolidatedInterest income$230,087 $10,606 $— $240,693 Interest expense161,579 3,672 — 165,251 Net interest income68,508 6,934 — 75,442 Other revenue:Gain on sales, including fee-based services, net— 12,781 — 12,781 Mortgage servicing rights— 8,131 — 8,131 Servicing revenue— 43,361 — 43,361 Amortization of MSRs— (17,758)— (17,758)Property operating income4,387 — — 4,387 Gain on derivative instruments, net— 3,400 — 3,400 Other income, net2,078 2,341 — 4,419 Total other revenue6,465 52,256 — 58,721 Other expenses:Employee compensation and benefits18,157 23,266 — 41,423 Commissions— 4,613 — 4,613 Selling and administrative8,932 7,380 — 16,312 Property operating expenses3,474 — — 3,474 Depreciation and amortization3,352 392 — 3,744 Provision for loss sharing— 1,786 — 1,786 Provision for credit losses (net of recoveries)9,154 (79)— 9,075 Total other expenses43,069 37,358 — 80,427 Income before extinguishment of debt, loss on real estate, loss from equity affiliates and income taxes31,904 21,832 — 53,736 Loss on extinguishment of debt(2,319)— — (2,319)Loss on real estate(2,810)— — (2,810)Loss from equity affiliates(1,634)— — (1,634)Benefit from (provision for) income taxes639