Company: NXDT
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001356115-25-000021
Chunk: 141

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-08-14
Form: 10-Q
Item: Item 6
Chunk 141
---
 8,129 3,295 1,000 1,000 589 — Total$255,890 $62,962 $180,339 $1,000 $1,000 $10,589 $— Prime Brokerage BorrowingPrincipal payments$4,410 $— $— $— $— $— $4,410 (1)Interest expense958 106 213 213 213 213 — (1)Total$5,368 $106 $213 $213 $213 $213 $4,410 Series A Preferred SharesDistribution paymentsN/A(2)$— $2,310 $4,620 $4,620 $4,620 N/A(2)Series B Preferred SharesDistribution paymentsN/A(2)$— $30 $60 $60 $60 N/A(2)Credit FacilityPrincipal payments$77,590 $18,829 $— $21,275 $— $— $37,486 Interest expense25,893 1,836 2,597 1,591 1,413 1,413 17,043 Total$103,483 $20,665 $2,597 $22,866 $1,413 $1,413 $54,529 Total contractual obligations and commitments$381,121 $83,733 $185,489 $28,759 $7,306 $16,895 $58,939 

(1)Assumes no additional borrowings or repayments. The Prime Brokerage (as defined below) balance has no stated maturity date.

(2)The Series A & B Preferred Shares are perpetual.

NXDT Advisory Agreement

As consideration for the Adviser’s services under the Advisory Agreement, we pay our Adviser the Fees, which includes the Advisory Fee equal to 1.00% of Managed Assets and the Administrative Fee equal to 0.20% of the Company’s Managed Assets. The Advisory Agreement provides that the Administrative Fees shall be paid in cash and the monthly installment of the Advisory Fees shall be paid one-half in cash and one-half in common shares of the Company, subject to certain restrictions. For additional information, see Note 13 to our consolidated financial statements. 

We also generally reimburse our Adviser for operating or