BRSP: the balance sheet

MyFinsight

For the year ending 2025-12-31, BRSP has $3,564,830K in assets. $2,636,425K in debts. $66,789K in cash and cash equivalents.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-12-31
Cash and cash equivalents	66,789
Restricted cash	107,046
Loans and preferred equity held for investment	2,678,315
Current expected credit loss reserve	87,401
Loans and preferred equity held for investment, net	2,590,914
Real estate, net	679,779
Receivables, net	45,591
Deferred leasing costs and intangible assets, net	27,646
Assets held for sale	0
Other assets	47,065
Total assets	3,564,830

Securitization bonds payable, net	977,082
Mortgage and other notes payable, net	414,060
Credit facilities	1,078,098
Accounts payable, accrued expenses and other liabilities	25,573
Operating lease liability	20,703
Prepaid rent and unearned revenue	9,664
Interest payable	6,239
Tenant security deposits	861
Unfunded cecl loan allowance	669
Current and deferred tax liability	0
Accrued and other liabilities	63,709
Intangible liabilities, net	389
Escrow deposits payable	82,511
Dividends payable	20,576
Total liabilities	2,636,425
Common stock, 0.01 par value per share class a, 950,000,000 shares authorized, 128,627,246 and 129,685,185 shares issued and outstanding as of december31, 2025 and december31, 2024, respectively	1,286
Additional paid-in capital	2,863,377
Accumulated deficit	-1,926,231
Accumulated other comprehensive loss	0
Total stockholders equity	938,432
Noncontrolling interests in investment entities	-10,027
Total equity	928,405
Total liabilities and equity	3,564,830

Unit: Thousand (K) dollars