NexPoint Real Estate Finance, Inc. (NREF) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
300 CRESCENT COURT DALLAS, TX 75201 |
| State of Incorp. | MD |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6798 - Real Estate Investment Trusts (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2023 MRQ | 12/31/2022 | 12/31/2021 | 12/31/2020 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 98,312 | 154,735 | 30,241 | |||
| Cash and cash equivalents | 20,048 | 26,459 | 30,241 | |||
| Short-term investments | 78,264 | 128,276 | ||||
| Receivables | ||||||
| Asset, held-for-sale, not part of disposal group | 127,777 | |||||
| Total current assets: | 98,312 | 154,735 | 158,018 | |||
| Noncurrent Assets | ||||||
| Other undisclosed assets | 8,055,824 | 8,359,182 | 6,018,292 | |||
| TOTAL ASSETS: | 8,154,136 | 8,513,917 | 6,176,310 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Debt | 331,020 | 286,324 | ||||
| Total current liabilities: | 331,020 | 286,324 | ||||
| Noncurrent Liabilities | ||||||
| Other undisclosed liabilities | 7,278,102 | 7,720,887 | 5,772,397 | |||
| Total liabilities: | 7,609,122 | 8,007,211 | 5,772,397 | |||
| Temporary equity, carrying amount | 96,501 | 261,423 | 275,670 | |||
| Equity | ||||||
| Equity, attributable to parent | 383,797 | 238,013 | 128,243 | |||
| Preferred stock | 16 | 16 | ||||
| Common stock | 92 | 50 | ||||
| Treasury stock, value | (12,762) | (12,762) | (13,351) | |||
| Additional paid in capital | 392,124 | 222,300 | 138,043 | |||
| Retained earnings (accumulated deficit) | 4,435 | 28,367 | 3,485 | |||
| Other undisclosed equity | 64,716 | 7,270 | ||||
| Total equity: | 448,513 | 245,283 | 128,243 | |||
| TOTAL LIABILITIES AND EQUITY: | 8,154,136 | 8,513,917 | 6,176,310 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | ||
|---|---|---|---|---|---|
| Revenues | 77,988 | 55,570 | 38,858 | ||
| Net investment income | 77,988 | 55,827 | 38,978 | ||
| Cost of revenue (Provision for Loan, Lease, and Other Losses) | (169) | (189) | (320) | ||
| Other undisclosed gross profit | |||||
| Gross profit: | 77,819 | 55,381 | 38,538 | ||
| Operating expenses | (26,180) | (13,846) | (9,248) | ||
| Operating income: | 51,639 | 41,535 | 29,290 | ||
| Nonoperating income | 2,661 | 71,263 | 25,752 | ||
| Investment income, nonoperating | 6,309 | ||||
| Interest and debt expense | (40,255) | (29,772) | (21,312) | ||
| Income (loss) from continuing operations: | 14,045 | 83,026 | 33,730 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | 83,026 | 33,730 | |
| Other undisclosed net income | 169 | 446 | 440 | ||
| Net income (loss): | 14,214 | 83,472 | 34,170 | ||
| Net income (loss) attributable to noncontrolling interest | 2,499 | (40,387) | (21,323) | ||
| Net income attributable to parent: | 16,713 | 43,085 | 12,847 | ||
| Preferred stock dividends and other adjustments | (3,508) | (1,748) | |||
| Other undisclosed net loss available to common stockholders, basic | (13,479) | ||||
| Net income (loss) available to common stockholders, basic: | 3,234 | 39,577 | 11,099 | ||
| Other undisclosed net income available to common stockholders, diluted | 4,969 | 40,387 | 21,323 | ||
| Net income (loss) available to common stockholders, diluted: | 8,203 | 79,964 | 32,422 | ||
Comprehensive Income ($ in thousands)
| 9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | ||
|---|---|---|---|---|---|
| Net income (loss): | 14,214 | 83,472 | 34,170 | ||
| Comprehensive income (loss): | 14,214 | 83,472 | 34,170 | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 2,499 | ||||
| Other undisclosed comprehensive income, net of tax, attributable to parent | |||||
| Comprehensive income (loss), net of tax, attributable to parent: | 16,713 | 83,472 | 34,170 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.