ACRES Commercial Realty Corp. (ACR)
2025-06-30 | 2025-03-31 | 2024-09-30 | ||
|---|---|---|---|---|
| Total revenues | 21,873 | 17,002 | 22,353 | |
| (reversal of) provision for credit losses, net | -780 | -1,717 | -291 | |
| General and administrative | 2,736 | 3,159 | 2,430 | |
| Corporate depreciation and amortization | 20 | 18 | 16 | |
| Real estate expenses | 13,349 | 13,342 | 12,524 | |
| Management fees - related party | 1,601 | 1,631 | 1,624 | |
| Equity compensation - related party | 585 | 815 | 833 | |
| Total operating expenses | 17,511 | 17,248 | 17,136 | |
| Net interest and other revenues less operating expenses | 4,362 | -246 | 5,217 | |
| Other income | 638 | 84 | 285 | |
| Equity in losses of unconsolidated subsidiaries | -669 | -492 | -168 | |
| Gain on conversion of real estate | - | - | 2,802 | |
| Total other (expense) income | -31 | -408 | 2,919 | |
| Income before taxes | 4,331 | -654 | 8,136 | |
| Income tax expense | 7 | 76 | 82 | |
| Net income | 4,324 | -730 | 8,054 | |
| Net loss allocable to non-controlling interest, net of taxes | -226 | -184 | -88 | |
| Net income allocated to preferred shares | 5,282 | 5,313 | 5,318 | |
| Carrying value in excess of consideration paid for preferred shares | - | - | - | |
| Net (loss) income allocable to common shares | -732 | -5,859 | 2,824 | |
| Earnings per share, basic, total | -0.1 | -0.8 | 0.37 | |
| Earnings per share, diluted, total | -0.1 | -0.8 | 0.36 | |
| Total weighted average number of common shares outstanding - basic | 7,250,624 | 7,362,236 | 7,669,051 | |
| Weighted average number of common shares outstanding - diluted | 7,250,624 | 7,362,236 | 7,945,622 | |