Company: NREF
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001786248-25-000016
Chunk: 224

Company: NexPoint Real Estate Finance, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 6
Chunk 224
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8 million for the six months ended June 30, 2024, which was a decrease of approximately $2.2 million. The decrease between the periods is due to a decrease in depreciation and amortization of Montford as it was classified as Held for sale as of April 1, 2025.

Key Financial Measures and Indicators

As a real estate finance company, we believe the key financial measures and indicators for our business are earnings per share, dividends declared, EAD, CAD and book value per share.

Earnings Per Share and Dividends Declared

The following table sets forth the calculation of basic and diluted net income per share and dividends declared per share (in thousands, except per share data):

For the Three Months Ended June 30,20252024% ChangeNet income attributable to common stockholders$12,285 $7,488 64.1 %Net income attributable to redeemable noncontrolling interests3,437 2,275 51.1 %Net income attributable to Series B Preferred stockholders5,675 1,477 284.2 %Weighted-average number of shares of common stock outstandingBasic17,712 17,422 1.7 %Diluted39,460 27,788 42.0 %Net income per share, basic$0.69 $0.43 60.5 %Net income per share, diluted$0.54 $0.40 35.0 %Dividends declared per share$0.5000 $0.5000 — %

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For the Six Months Ended June 30,20252024% ChangeNet income (loss) attributable to common stockholders$28,802 $(6,799)523.6 %Net income attributable to redeemable noncontrolling interests7,601 382 1889.8 %Net income attributable to Series B Preferred stockholders10,082 2,142 370.7 %Weighted-average number of shares of common stock outstandingBasic17,615 17,343 1.6 %Diluted37,349 26,399 41.5 %Net income per share, basic$1.64 $(0.39)520.5 %Net income per share, diluted$1.24 $(0.39)417.9 %Dividends declared per share$1.0000 $1.0000