Company: NXDT
Filing Date: 2025-01-21
Form Type: 424B3
Source: 0001437749-25-001494
Chunk: 1610

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-01-21
Form: 424B3
Chunk 1610
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 expense, accrued interest or penalties as of September 30, 2024 and 2023. The Company and its subsidiaries are subject to federal income tax as well as income tax of various state and local jurisdictions. The 2023, 2022 and 2021 tax years remain open to examination by tax jurisdictions to which the Company and its subsidiaries are subject. When applicable, the Company recognizes interest and/or penalties related to uncertain tax positions on its Consolidated Statement of Operations and Comprehensive Income (Loss). The Company has not recorded any uncertain tax positions for the nine months ended September 30, 2024 and 2023.

A reconciliation of the statutory income tax provisions to the effective income tax provisions for the periods indicated is as follows (in thousands):

|                                |     | 2024 | For the Three Months Ended September 30, |   |     |       |   |     | 2023 |         |   |     |       |   |     | 2024 | For the Nine Months Ended September 30, |   |     |       |   |     | 2023 |         |   |     |       |   |
|:-------------------------------|:----|:-----|-----------------------------------------:|:--|:----|------:|:--|:----|:-----|--------:|:--|:----|------:|:--|:----|:-----|----------------------------------------:|:--|:----|------:|:--|:----|:-----|--------:|:--|:----|------:|:--|
| Expected tax at statutory rate |     | $    |                                   (3,091 | ) |     |  21.0 | % |     | $    | (14,202 | ) |     |  21.0 | % |     | $    |                                  (9,647 | ) |     |  21.0 | % |     | $    | (20,979 | ) |     |  21.0 | % |
| Non-taxable REIT income        |     |      |                                    4,776 |   |     | -32.4 | % |     |      |  12,947 |   |     | -19.1 | % |     |      |                                  16,047 |   |     | -34.9 | % |     |      |  21,066 |   |     | -21