Company: ABR-PF
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001253986-25-000014
Chunk: 112

Company: ARBOR REALTY TRUST INC
Filing Date: 2025-08-01
Form: 10-Q
Item: Part I, Item 1
Chunk 112
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 who have decided to defer the receipt of the common stock, into which the RSUs are converted, to a future date pursuant to a pre-established deferral election.During 2025, we withheld 260,181 shares from the net settlement of restricted common stock by employees for payment of withholding taxes on shares that vested.Earnings Per Share (“EPS”). Basic EPS is calculated by dividing net income (loss) attributable to common stockholders by the weighted average number of shares of common stock outstanding during each period inclusive of unvested restricted stock with full dividend participation rights. Diluted EPS is calculated by dividing net income (loss) by the weighted average number of shares of common stock outstanding, plus the additional dilutive effect of common stock equivalents during each period. Our common stock equivalents include the weighted average dilutive effect of RSUs, OP Units and convertible senior unsecured notes.

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Table of ContentsARBOR REALTY TRUST, INC. AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)

A reconciliation of the numerator and denominator of our basic and diluted EPS computations is as follows ($ in thousands, except share and per share data):Three Months Ended June 30,20252024BasicDilutedBasicDilutedNet income attributable to common stockholders (1)$23,952 $23,952 $47,397 $47,397 Net income attributable to noncontrolling interest (2)— 2,015 — 4,094 Interest expense on convertible notes (3)— — — — Net income attributable to common stockholders and noncontrolling interest$23,952 $25,967 $47,397 $51,491 Weighted average shares outstanding192,236,206192,236,206188,655,801188,655,801Dilutive effect of OP Units (2)—16,173,761—16,293,589Dilutive effect of convertible notes (3)————Dilutive effect of RSUs (4)—593,035—538,321Weighted average shares outstanding 192,236,206 209,003,002188,655,801205,487,711Net income per common share (1)$0.12 $0.12 $0.25 $0.25 Six Months Ended June 30,20252024Net income attributable to common stockholders (1)$54,389 $54,389