Company: NREF
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001786248-25-000004
Chunk: 11

Company: NexPoint Real Estate Finance, Inc.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 9C
Chunk 11
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,585 4,187 4,388 Management fees3,867 3,281 3,151 Expenses from consolidated real estate owned18,377 6,678 11,398 Total operating expenses36,641 23,350 26,180 Net income35,962 18,740 14,214 Net (income) loss attributable to Series A preferred stockholders(3,496)(3,496)(3,512)Net (income) loss attributable to Series B preferred stockholders(8,003)(80)— Net (income) loss attributable to redeemable noncontrolling interests(6,770)(4,765)(4,969)Net (income) loss attributable to redeemable noncontrolling interests in subsidiaries— — (2,499)Net income attributable to common stockholders$17,693 $10,399 $3,234 Weighted-average common shares outstanding - basic (2)17,40217,19914,686Weighted-average common shares outstanding - diluted17,40217,19914,686Earnings (loss) per share outstanding - basic$1.02 $0.60 $0.22 Earnings (loss) per share outstanding - diluted$1.02 $0.60 $0.22 Dividends declared per common share$2.0000 $2.7400 $2.0000 

(1)Includes $25.0 million related to accelerated amortization of the premium associated with the prepayment on a senior loan in the first quarter of 2024.

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(2)Diluted EPS calculations were higher than basic EPS and thus anti-dilutive for the years ended December 31, 2024, 2023, and 2022, respectively. As such, the Company is presenting diluted EPS as equal to basic EPS for the years ended December 31, 2024, 2023, and 2022, respectively.

See Notes to Consolidated Financial Statements

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NEXPOINT REAL ESTATE FINANCE, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY

(dollars in thousands)

Series A Preferred StockCommon StockAdditional Paid-in CapitalRetained Earnings Less DividendsCommon Stock Held in Treasury at CostSeries A Preferred Stock Held in