Company: NXDT
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001356115-25-000003
Chunk: 1112

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-03-31
Form: 10-K
Item: Item 7A
Chunk 1112
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(b)(3) of Regulation S-X. Beginning with its annual reporting for fiscal year ended December 31, 2023, the Company elected to report the financial information on a three-month lag, to align with the availability of investee financials. NexPoint Real Estate Finance, Inc. ("NREF"), VineBrook Homes Trust, Inc. ("VineBrook") and NexPoint Storage Partners, Inc. (“NSP”) do not prepare standalone financials for their operating companies as all operations and investments are owned through their operating companies and are consolidated by the corporate entities. The table below presents summarized statement of operations for the nine months ended September 30, 2024 for the Company’s equity method investments (dollars in thousands):NREFVineBrookNSPOtherTotalRevenuesRental income$6,316 $268,115 $89,686 $8,422 $372,539 Net interest income6,444 — 1,477 3,344 11,265 Other income728 4,571 4,687 48,066 58,052 Total revenues13,488 272,686 95,850 59,832 441,856 ExpensesTotal expenses27,664 393,196 99,135 20,263 540,258 Gain (loss) on sales of real estate— (19,773)621 — (19,152)Other income (expense)34,982 1,485 (81,743)(17,872)(63,148)Unrealized gain (loss) on derivatives— (18,055)— — (18,055)Total comprehensive income (loss)$20,806 $(156,853)$(84,407)$21,697 $(198,757)        The table below presents the summarized statement of operations for the nine months ended September 30, 2023 for the Company’s significant equity method investments (dollars in thousands):NREFVineBrookNSPOtherTotalRevenuesRental income$3,057 $259,121 $83,851 $11,771 $357,800 Net interest income12,971 — 1,527 3,249 18,172 Other income— 4,362 6,154 21,109 31,200 Total revenues16,028 263,483 91,532