For the year ending 2025-12-31, ABR-PF had -$109,957K decrease in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net income | 157,829 | 283,919 | 400,556 | 353,827 |
| Depreciation and amortization | 23,214 | 9,555 | 9,743 | 8,732 |
| Stock-based compensation | 13,789 | 14,232 | 14,940 | 14,973 |
| Amortization and accretion of interest and fees, net | 14,033 | -705 | -3,612 | -13,547 |
| Originations of loans held-for-sale | 5,081,397 | 4,501,081 | 5,074,445 | 4,788,202 |
| Proceeds from sales of loans held-for-sale, net of gain on sale | 5,104,490 | 4,609,686 | 4,878,021 | 5,438,623 |
| Payoffs and paydowns of loans held-for-sale | 6,754 | 5,487 | 987 | 58,751 |
| Mortgage servicing rights | 54,532 | 51,272 | 69,912 | 69,346 |
| Amortization of capitalized mortgage servicing rights | 71,512 | 68,422 | 63,093 | 59,876 |
| Write-off of capitalized mortgage servicing rights from payoffs | 9,601 | 8,500 | 14,736 | 44,502 |
| Provision for loss sharing, net | 24,259 | 11,782 | 15,695 | 1,862 |
| Provision for credit losses, net | 42,696 | 68,543 | 73,446 | 21,169 |
| Net charge-offs for loss-sharing obligations | 9,830 | 266 | 1,229 | 758 |
| Deferred tax provision (benefit) | 3,773 | -11,613 | -7,349 | -1,741 |
| Income from equity affiliates | 50,880 | 5,772 | 24,281 | 14,247 |
| Distributions from operations of equity affiliates | 56,965 | 17,131 | 27,542 | 16,594 |
| Loss on extinguishment of debt | -2,919 | -412 | -1,561 | -4,933 |
| Loss on sale of loans | - | - | - | -11,180 |
| Impairment loss on real estate owned | 20,500 | - | - | - |
| Change in fair value of held-for-sale loans | 2,794 | 609 | 2,536 | -15,703 |
| (gain) loss on derivative instruments, net | 1,259 | -8,543 | 6,763 | - |
| Loss on sale of loans | - | 0 | 0 | - |
| Litigation settlement | - | 0 | 0 | 7,350 |
| (loss) gain on real estate | -9,151 | 3,813 | 0 | - |
| Changes in operating assets and liabilities | -11,588 | 69,564 | 74,336 | 70,585 |
| Net cash provided by operating activities | 372,381 | 461,517 | 235,857 | 1,099,649 |
| Loans and investments funded, originated and purchased, net | 3,693,370 | 1,600,461 | 1,362,171 | 5,955,061 |
| Payoffs and paydowns of loans and investments | 2,421,342 | 2,781,658 | 3,359,810 | 3,423,498 |
| Proceeds from sale of loans and investments | - | 0 | 0 | 397,338 |
| Deferred fees | 33,662 | 25,792 | 21,299 | 57,098 |
| Proceeds from sale of real estate, net | 0 | 14,103 | - | - |
| Contributions to equity affiliates | 11,706 | 19,593 | 18,986 | 17,809 |
| Distributions from equity affiliates | 23,966 | 11,224 | 15,552 | 26,008 |
| Purchase of securities held-to-maturity, net | - | 0 | 0 | 27,598 |
| Payoffs and paydowns of securities held-to-maturity | 222 | 483 | 4,626 | 19,030 |
| Investments in real estate, net | 40,716 | 3,471 | - | - |
| Change in due to borrowers and reserves | 14,493 | 57,966 | 141,152 | 239,626 |
| Net cash (used in) provided by investing activities | -1,281,093 | 1,151,769 | 1,878,978 | -2,317,122 |
| Proceeds from credit and repurchase facilities | 12,840,802 | 9,350,727 | 9,148,451 | 11,536,220 |
| Payoffs and paydowns of credit and repurchase facilities | 11,201,066 | 9,025,305 | 9,747,252 | 12,153,215 |
| Proceeds from notes payable - reo | 299,361 | 39,547 | - | - |
| Payoffs and paydowns of notes payable - reo | 197,682 | 8,989 | - | - |
| Proceeds from issuance of securitized debt | 1,533,238 | 0 | 0 | 2,762,502 |
| Payoffs and paydowns of securitized debt | 2,681,799 | 2,324,269 | 929,782 | 801,141 |
| Payoff of convertible senior unsecured notes | 287,500 | - | - | - |
| Proceeds from issuance of common stock | 70,518 | 10,030 | 193,661 | 408,735 |
| Proceeds from issuance of preferred stock | - | 0 | 0 | 77,522 |
| Proceeds from issuance of senior unsecured notes | 900,000 | 100,000 | 95,000 | 437,500 |
| Payoffs and paydowns of senior unsecured notes | 95,000 | 200,000 | 149,600 | 312,920 |
| Redemption of op units | 1,605 | 0 | 0 | 546 |
| Payments of withholding taxes on net settlement of vested stock | 3,395 | 4,565 | 8,360 | 8,188 |
| Repurchase of common stock | 2,007 | 11,408 | 37,431 | - |
| Distributions to stockholders and noncontrolling interest | 319,946 | 394,843 | 380,640 | 321,739 |
| Payment of deferred financing costs | 55,164 | 21,239 | 9,840 | 50,362 |
| Redemption of preferred stock | - | - | 0 | - |
| Extinguishment of convertible senior unsecured notes | - | - | 0 | - |
| Net cash provided by (used in) financing activities | 798,755 | -2,490,314 | -1,825,793 | 1,574,368 |
| Net (decrease) increase in cash, cash equivalents and restricted cash | -109,957 | -877,028 | 289,042 | 356,895 |
| Cash, cash equivalents and restricted cash at beginning of period | 660,179 | 1,537,207 | 1,248,165 | 891,270 |
| Cash, cash equivalents and restricted cash at end of period | 550,222 | 660,179 | 1,537,207 | 1,248,165 |
ARBOR REALTY TRUST INC (ABR-PF)
ARBOR REALTY TRUST INC (ABR-PF)