Company: NREF
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001786248-25-000016
Chunk: 4

Company: NexPoint Real Estate Finance, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 1
Chunk 4
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 7,873 21,332 Change in unrealized gain (loss) on CMBS structured pass-through certificates660 461 1,832 421 Change in unrealized gain (loss) on common stock investments(5,160)(1,771)(6,574)(2,642)Change in unrealized gain (loss) on preferred stock and stock warrant investments23,022 38 38,195 102 Change in unrealized gain (loss) on MSCR Notes— 2 — (13)Change in unrealized gain (loss) on mortgage backed securities— 175 — 615 Reversal of (provision for) credit losses(5,284)2 (8,909)422 Dividend income4,036 501 6,035 1,001 Other income (loss)52 414 (18)488 Realized gain— 471 — 471 Loss on extinguishment of debt(127)(184)(172)(184)Equity in losses of equity method investments(1,017)(892)(964)(2,892)Revenues from consolidated real estate owned2,502 2,035 4,911 4,246 Total other income (loss)$19,473 $14,168 $42,209 $23,367 Operating expensesGeneral and administrative expenses3,763 3,179 6,275 7,366 Loan servicing fees374 350 695 917 Management fees1,563 897 2,974 1,732 Expenses from consolidated real estate owned3,571 4,368 7,610 9,805 Total operating expenses$9,271 $8,794 $17,554 $19,820 Net income (loss)22,271 12,114 48,233 (2,527)Net (income) loss attributable to Series A preferred stockholders(874)(874)(1,748)(1,748)Net (income) loss attributable to Series B preferred stockholders(5,675)(1,477)(10,082)(2,142)Net (income) loss attributable to redeemable noncontrolling interests(3,437)(2,275)(7,601)(382)Net income (loss) attributable to common stockholders$12,285 $7,488 $28,802 $(6,799)