Company: ABR-PF
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0001628280-25-007183
Chunk: 104

Company: ARBOR REALTY TRUST INC
Filing Date: 2025-02-21
Form: 10-K
Item: Item 8
Chunk 104
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2,367,188 115,216 3,117,973 136,632 3,254,605 Issuance - common stock—— 661,7087 10,023 — 10,030 — 10,030 Repurchase - common stock—— (935,739)(9)(11,399)— (11,408)— (11,408)Stock-based compensation, net—— 1,028,20210 9,657 — 9,667 — 9,667 Distributions - common stock—— —— — (325,435)(325,435)— (325,435)Distributions - preferred stock—— —— — (41,383)(41,383)— (41,383)Distributions - noncontrolling interest—— —— — — — (28,025)(28,025)Net income—— —— — 264,641 264,641 19,278 283,919 Balance — December 31, 202442,585,589$633,684 189,259,435$1,893 $2,375,469 $13,039 $3,024,085 $127,885 $3,151,970 

(1) In August 2020, the FASB issued Accounting Standards Update (“ASU”) 2020-06, Debt—Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging— Contracts in Entity’s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity. The adoption of this guidance resulted in a $2.5 million increase to the carrying value of our convertible debt, an $8.7 million decrease to additional paid-in capital and a $5.6 million increase to retained earnings at January 1, 2022.

See Notes to Consolidated Financial Statements.

53

Table of ContentsARBOR REALTY TRUST, INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF CASH FLOWS(in thousands)

Year Ended December 31,202420232022Operating activities:   Net income $283,919 $400,556 $353,827 Adjustments to reconcile net income to net cash provided by operating activities:   Depreciation and amortization9,555