Company: NXDT
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001356115-25-000003
Chunk: 323

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 323
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19,177 Furniture, fixtures, and equipment10,124 362 Right-of-use assets ($712 and $0 with related parties, respectively)2,176 — Total Gross Consolidated Real Estate Investments422,395 284,439 Accumulated depreciation and amortization(35,002)(20,525)Total Net Consolidated Real Estate Investments387,393 263,914 Real estate held for sale29,890 — Total Net Real Estate Investments417,283 263,914 Investments, at fair value ($493,909 and $533,065 with related parties, respectively)643,432 691,238 Equity method investments ($407 and $7,079 with related parties, respectively)54,429 66,263 Investments in DSTs ($30,559 and $0, with related parties, respectively)30,559 — Cash and cash equivalents8,791 20,608 Restricted cash40,110 32,561 Accounts receivable, net4,463 4,347 Prepaid and other assets ($7,315 and $3,586 with related parties, respectively)17,500 10,431 Accrued interest and dividends5,495 6,078 Interest rate caps159 — Deferred tax asset, net2,618 2,896 Total Assets$1,224,839 $1,098,336 LIABILITIES AND EQUITYLiabilities: Mortgages payable, net ($10,000 and $0 with related parties, respectively)$261,945 $142,186 Notes payable, net ($66,731 and $20,000 with related parties, respectively)90,888 52,919 Prime brokerage borrowing1,222 1,782 Accounts payable and other accrued liabilities22,739 8,633 Income tax payable255 356 Accrued real estate taxes payable226 231 Accrued interest payable8,724 1,398 Security deposit liability389 422 Prepaid rents1,053 768 Intangible lease liabilities, net3,139 4,567 Lease liability ($721 and $0 with related parties, respectively)721 — Total Liabilities391,301 213,262 Equity:Shareholders' Equity Series A Preferred shares, $0.001 par value: 4,800,000 shares authorized; 3