Company: NREF
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001786248-25-000016
Chunk: 268

Company: NexPoint Real Estate Finance, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 2
Chunk 268
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30, 2025, compared to $4.4 million for the three months ended June 30, 2024, which was a decrease of approximately $0.8 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.

The following tables set forth a summary of our operating results for the six months ended June 30, 2025 and 2024 (in thousands):

For the Six Months Ended June 30,20252024$ Change% ChangeNet interest income (loss)$23,578 $(6,074)$29,652 (488.2)%Other income42,209 23,367 18,842 80.6 %Operating expenses(17,554)(19,820)2,266 (11.4)%Net income (loss)48,233 (2,527)50,760 (2008.7)%Net (income) loss attributable to Series A Preferred stockholders(1,748)(1,748)— N/ANet (income) loss attributable to Series B Preferred stockholders(10,082)(2,142)(7,940)N/ANet (income) loss attributable to redeemable noncontrolling interests(7,601)(382)(7,219)1889.8 %Net income (loss) attributable to common stockholders$28,802 $(6,799)$35,601 (523.6)%

The change in our net income (loss) for the six months ended June 30, 2025 as compared to the net income (loss) for the six months ended June 30, 2024 primarily relates to an increase in interest income due to higher yielding assets and a decrease in interest expense related to the repayment of one of our senior loans. Our net income attributable to common stockholders for the six months ended June 30, 2025 was approximately $28.8 million. We had approximately $23.6 million in net interest income, and generated income of $42.2 million in other income, incurred operating expenses of $17.6 million, allocated $1.7 million of income to Series A Preferred stockholders, allocated $10.1 million of income to Series B Preferred stockholders, and allocated $7.6 million of income to redeemable noncontrolling interests for the six months ended June 30,