Company: NREF
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001786248-25-000016
Chunk: 50

Company: NexPoint Real Estate Finance, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 8
Chunk 50
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 assumed vesting of restricted stock units is anti-dilutive and is not included in the calculation of earnings (loss) per share.

36

The following table sets forth the computation of basic and diluted earnings per share for the periods presented (in thousands, except per share amounts):For the Three Months Ended June 30,For the Six Months Ended June 30,2025202420252024Net income (loss) attributable to common stockholders$12,285 $7,488 $28,802 $(6,799)Earnings for basic computationsNet income attributable to redeemable noncontrolling interests3,437 2,275 7,601 382 Net income attributable to Series B preferred stockholders5,675 1,477 10,082 2,142 Net income (loss) for diluted computations$21,397 $11,240 $46,485 $(4,275)Weighted-average common shares outstandingAverage number of common shares outstanding - basic17,71217,42217,61517,343Average number of common shares from assumed vesting of unvested restricted stock units302971166896Average number of common shares from assumed conversion of OP Units5,0385,0385,0385,038Average number of common shares from assumed conversion of Series B Preferred Stock16,4084,357 14,5303,122 Average number of common shares outstanding - diluted39,46027,78837,34926,399Earnings per weighted average common share:Basic$0.69 $0.43 $1.64 $(0.39)Diluted$0.54 $0.40 $1.24 $(0.39)

13. Noncontrolling Interests

Redeemable Noncontrolling Interests in the OPThe following table sets forth the redeemable noncontrolling interests in the OP (reflecting the OP’s consolidation of the Subsidiary OPs) for the six months ended June 30, 2025 and 2024 (in thousands):For the Six Months Ended June 30,20252024Redeemable noncontrolling interests in the OP, January 1,$86,164 $89,471 Net income attributable to redeemable noncontrolling interests in the OP7,601 382 Distributions to redeemable noncontrolling interests in the OP(5,038)(5,038)Redeemable