Company: NREF
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001628280-25-052000
Chunk: 236

Company: NexPoint Real Estate Finance, Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Item 6
Chunk 236
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30,20252024% ChangeNet income attributable to common stockholders$63,834 $9,317 585.1 %Net income attributable to redeemable noncontrolling interests15,383 4,322 255.9 %AdjustmentsAmortization of stock-based compensation4,475 4,663 (4.0)%Provision for (reversal of) credit losses24,589 (720)3515.1 %Equity in (income) losses of equity method investments952 3,997 (76.2)%Unrealized (gains) or losses (1)(77,911)543 (14448.3)%EAD$31,322 $22,122 41.6 %EAD per Diluted Common Share (2)$1.37 $0.95 44.2 %AdjustmentsAmortization of premiums8,570 33,649 (74.5)%Accretion of discounts(9,156)(14,644)37.5 %Depreciation and amortization of real estate investments2,313 4,499 -48.6 %Amortization of deferred financing costs161 36 347.2 %CAD$33,210 $45,662 (27.3)%CAD per Diluted Common Share (2)$1.45 $1.96 (26.0)%Weighted-average common shares outstanding - basic17,651 17,383 1.5 %Weighted-average common shares outstanding - diluted39,628 27,673 43.2 %Shares attributable to potential redemption of Series B Preferred(16,710)(4,348)(284.3)%Adjusted weighted-average common shares outstanding - diluted (2)22,918 23,325 (1.7)%

(1)Unrealized gains are the net change in unrealized loss on investments held at fair value applicable to common stockholders.

(2)Starting in the second quarter of 2024, EAD per diluted common share, CAD per diluted common share and adjusted weighted average common shares outstanding - diluted do not include the dilutive effect of the potential redemption of Series B Preferred Stock for common shares. Periods prior to the second quarter of 2024 have not been updated to reflect this adjustment because the dilutive effect of potential Series B Preferred redemptions were immaterial to prior periods. For