Financial insights of ACRE

MyFinsight

Income Statement	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Total revenue	13,460	13,215	14,105	12,565
Management and incentive fees to affiliate	2,400	2,420	2,420	2,430
Professional fees	819	679	526	673
General and administrative expenses	1,417	1,594	1,733	1,995
General and administrative expenses reimbursed to affiliate	787	810	781	1,024
Expenses from real estate owned	3,134	4,494	4,540	4,628
Total expenses	8,557	9,997	10,000	10,750
Change in unrealized losses on loans held for sale	NaN	0*	0	0
(provision for) reversal of current expected credit gaines, net	-11,138	-9,835	2,190	20,150
Realized gain (loss) on sale of real estate owned	NaN	689*	NaN	NaN
Realized gaines on loans	-3,340	2,068*	-1,643	-33,000
Income (loss) before income taxes	-9,575	-3,860	4,652	-11,035
Income tax expense (benefit), including excise tax	30	5	-1	0
Net income (loss) attributable to common stockholders	-9,605	-3,865	4,653	-11,035

Basic Average Shares	55,322,222	54,953,538	54,904,862	54,856,949
Diluted Average Shares	55,322,222	53,216,387	55,775,825	54,856,949

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.