Company: DBRG
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0001679688-25-000017
Chunk: 199

Company: DigitalBridge Group, Inc.
Filing Date: 2025-02-21
Form: 10-K
Item: Item 8
Chunk 199
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10,874)Change in consolidated fund's share of equity investment (2)— — 1,842 — — Paydown of underlying loans held by equity investment of consolidated fund— — (8,109)— — Unrealized gain (loss) in earnings, net(133,307)(13,300)2,216 (21,500)(464)Deconsolidation of sponsored fund— — (105,205)— — Fair value at December 31, 2023$— $6,700 $416,614 $(39,200)$(11,338)Net unrealized gain (loss) in earnings on instruments held at December 31, 2023$(133,307)$(13,300)$— $(21,500)$(464) Fair value at December 31, 2023$— $6,700 $416,614 $(39,200)$(11,338)Election of fair value option— 130,320 — — — Unrealized gain (loss) in earnings, net— 134 40,154 5,500 5,238 Reclassification to equity— — — 33,000 — Deconsolidation of sponsored funds— — (393,614)— — Fair value at December 31, 2024$— $137,154 $63,154 $(700)$(6,100)Net unrealized gain (loss) in earnings on instruments held at December 31, 2024$— $134 $40,154 $8,400 $5,238 __________(1)    In March 2023, an unsecured promissory note that had been issued in connection with the sale of the Company's former Wellness Infrastructure business in 2022 was written off in the amount of $133.3 million following a foreclosure by the mezzanine lender of certain assets within the sold Wellness Infrastructure portfolio. (2)    Represents reallocation of investment value when relative ownership of the pooling entity across its fund owners change following additional capital contributions prior to final close of the fund.      Nonrecurring Fair ValuesThe Company measures fair value of certain assets on a nonrecurring basis: (i) on the acquisition date for business combinations; (ii) when events or changes in circumstances indicate that