Company: NXDT
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001356115-25-000021
Chunk: 167

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-08-14
Form: 10-Q
Item: Item 8
Chunk 167
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2024. Amortization expense related to the Company's intangible lease liabilities was $0.3 million and $0.5 million for the three and six months ended June 30, 2025 and $0.3 million and $0.6 million for the three and six months ended June 30, 2024. The net amount amortized as an increase to rental revenue for capitalized above and below-market lease intangibles was $0.2 million and $0.5 million for the three and six months ended June 30, 2025 and $0.2 million and $0.5 million for the three and six months ended June 30, 2024.

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AcquisitionsThere were no acquisitions by the Company for the six months ended June 30, 2025. During the six months ended June 30, 2024, as a result of the NHT Acquisition, the Company consolidated the following properties: Dallas Hilton Garden Inn, Addison Property, Plano Homewood Suites, Las Colinas Homewood Suites, St. Petersburg Marriott, Hyatt Place Park City, Bradenton Hampton Inn & Suites.Dispositions The Company sold three properties during the six months ended June 30, 2025 as detailed in the table below (in thousands). The Company did not sell any properties during the six months ended June 30, 2024.Property NameLocationDate of SaleSales PriceNet Cash ProceedsGain (Loss)  on Sale of Real EstatePlano Homewood SuitesPlano, TexasJanuary 24, 2025$8,300 $8,154 $11 Addison PropertyAddison, TexasApril 18, 2025$6,400 $6,308 $(88)Las Colinas HomeWood SuitesLas Colinas, TexasApril 8, 2025$14,000 $13,844 $114 

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6. Debt

The following table contains summary information of the Company’s debt as of June 30, 2025 and December 31, 2024 (dollars in thousands):Outstanding principal as ofDescriptionTypeJune 30, 2025December 31, 2024Interest RateMaturity DateMortgages PayableCityplace Note A-1 (1)Floating$98,594 $99,435 6.68 %3/8/2026Cityplace Note A-2 (1)Floating12,412