Company: NXDT
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001356115-25-000003
Chunk: 1074

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-03-31
Form: 10-K
Item: Item 7A
Chunk 1074
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 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; 3,359,593 shares issued and outstanding3 3 Common shares, $0.001 par value: unlimited shares authorized; 42,679,569 and 38,389,600 shares issued and outstanding, respectively43 38 Additional paid-in capital1,039,280 1,011,613 Accumulated earnings (loss)(202,818)(126,580)Total Shareholders' Equity836,508 885,074 Noncontrolling interests(2,970)— Total Equity833,538 885,074 TOTAL LIABILITIES AND EQUITY$1,224,839 $1,098,336 

See Notes to Consolidated Financial Statements 

99

NEXPOINT DIVERSIFIED REAL ESTATE TRUST AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF OPERATIONS 

AND COMPREHENSIVE INCOME (LOSS) 

(in thousands, except per share amounts)

For the Year Ended December 3120242023Revenues Rental income ($271 and $222, with related parties, respectively)$15,678 $20,309 Rooms24,902 — Food and beverage2,200 — Interest income  ($2,600 and $2,514 with related parties, respectively)7,216 7,029 Div