Company: NXDT
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001356115-25-000003
Chunk: 325

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 325
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 with related parties, respectively)129 (306)Change in unrealized gains (losses) ($(18,829) and $(112,717) with related parties, respectively)(1,348)(108,249)Realized gains (losses) ($339 and $0 with related parties, respectively)(21,479)(1,634)Net income (loss) before income taxes(55,201)(114,510)Income tax expense(1,372)(2,731)Net loss(56,573)(117,241)Net (income) loss attributable to preferred shareholders(4,619)(4,619)Net (income) loss attributable to noncontrolling interests9,843 — Net loss attributable to common shareholders$(51,349)$(121,860)Weighted average common shares outstanding - basic40,229 37,334 Weighted average common shares outstanding - diluted40,229 37,334 Loss per share - basic$(1.28)$(3.26)Loss per share - diluted$(1.28)$(3.26)

See Notes to Consolidated Financial Statements

100

NEXPOINT DIVERSIFIED REAL ESTATE TRUST AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF EQUITY

(in thousands, except share and per share amounts)

 Series A Preferred SharesCommon SharesAdditionalPaid-inCapitalAccumulatedEarnings (Loss)Noncontrolling InterestsTotalYear Ended December 31, 2024Number ofSharesAmountNumber ofSharesAmountBalances, December 31, 20233,359,593$3 38,389,600$38 $1,011,613 $(126,580)$— $885,074 Noncontrolling interests from NHT Acquisition—— —— — — 6,873 6,873 Stock-based compensation expense—— 145,433— 2,808 — — 2,808 Shares issued to Adviser for admin and advisory fees—— 867,6271 5,544 — — 5,545 Net loss attributable to common shareholders—— —— — (51,349)— (51,349)Net loss attributable to noncontrolling interests—— —— — — (9,843)(9,843)Net income attributable to Series A preferred shareholders—— —— — 4,619 — 4,619 Common share distributions declared ($0