Company: ABR-PF
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001253986-25-000022
Chunk: 59

Company: ARBOR REALTY TRUST INC
Filing Date: 2025-10-31
Form: 10-Q
Item: Part I, Item 1
Chunk 59
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 December 31, 2024, accrued interest receivable related to our loans totaling $160.0 million and $154.4 million, respectively, was excluded from the estimate of credit losses, is subject to our revenue recognition policy, and is included in other assets on the consolidated balance sheets. All of our structured loans and investments are secured by real estate assets or by interests in real estate assets, and, as such, the measurement of credit losses may be based on the difference between the fair value of the underlying collateral and the carrying value of the assets as of the period end. A summary of our specific reserve loans considered impaired by asset class is as follows ($ in thousands): September 30, 2025Asset ClassUPB (1)CarryingValueAllowance forCredit LossesWtd. Avg. FirstDollar LTV RatioWtd. Avg. LastDollar LTV RatioMultifamily$493,301 $485,802 $60,687 0 %100 %Land134,215 127,868 77,869 0 %99 %Retail19,520 15,154 3,293 0 %87 %Commercial1,700 1,700 1,700 0 %100 %Total$648,736 $630,524 $143,549 0 %99 %December 31, 2024Multifamily$456,261 $444,400 $60,887 0 %99 %Land134,215 127,868 77,869 0 %99 %Retail19,520 15,068 3,293 0 %87 %Commercial1,700 1,700 1,700 0 %100 %Total$611,696 $589,036 $143,749 0 %99 %________________________(1)Represents the UPB of 27  impaired loans (less unearned revenue and other holdbacks and adjustments) by asset class at both September 30, 2025 and December 31, 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 September 30, 2025,