Company: ABR-PF
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001253986-25-000014
Chunk: 61

Company: ARBOR REALTY TRUST INC
Filing Date: 2025-08-01
Form: 10-Q
Item: Part I, Item 1
Chunk 61
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, 2024.Non-performing LoansLoans are classified as non-performing once the contractual payments exceed 60 days past due. Income from non-performing loans is generally recognized on a cash basis when it is received. Full income recognition will resume when the loan becomes contractually current, and performance has recommenced. At June 30, 2025, 19 loans with an aggregate net carrying value of $424.7 million, net of loan loss reserves of $36.4 million, were classified as non-performing and, at December 31, 2024, 26 loans with an aggregate net carrying value of $598.9 million, net of related loan loss reserves of $23.8 million, were classified as non-performing. A summary of our non-performing loans by asset class is as follows (in thousands):June 30, 2025December 31, 2024UPBCarrying ValueUPBCarrying ValueMultifamily$469,168 $458,481 $649,227 $620,072 Commercial1,700 1,700 1,700 1,700 Retail920 910 920 910 Total$471,788 $461,091 $651,847 $622,682 At both June 30, 2025 and December 31, 2024, we had no loans contractually past due greater than 60 days that are still accruing interest. Other Non-accrual LoansIn this challenging economic environment, we have been experiencing late and partial payments on certain loans in our structured portfolio. Therefore, for loans that are 60 days past due or less, if we have determined there is reasonable doubt about collectability of all principal and interest, we classify those loans as non-accrual and recognize interest income only when cash is received. The table below is a summary of those loans that are 60 days past due or less that we have classified as non-accrual, and changes to those loans for the period presented (in thousands).

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

Three Months Ended June 30, 2025Six Months Ended June 30, 2025Beginning balance (5 and 9 multifamily bridge loans)$142,823 $167,428 Loans that progressed to greater than 60