| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net loss | -22,769 | -21,465 |
| Depreciation and amortization | 28,346 | 21,159 |
| Straight-line rental income | 1,033 | 530 |
| Amortization of above (below) market lease values, net | 239 | 60 |
| Amortization of premium/accretion of discount and fees on investments and borrowings, net | -133 | -816 |
| Amortization of deferred financing costs | 6,198 | 4,275 |
| Amortization of right-of-use lease assets and operating lease liabilities | -6 | -2 |
| Paid-in-kind interest added to loan principal, net of interest received | 1,787 | 1,048 |
| Designated hedges and foreign currency translation reclassified to earnings | -3,362 | -3,362 |
| Realized (gain) loss on sale of real estate | -764 | -245 |
| Increase of current expected credit loss reserve | 8,562 | 346 |
| Impairment of operating real estate | 53,636 | 51,127 |
| Amortization of equity-based compensation | 9,920 | 7,126 |
| Mortgage notes (above) below market value amortization | 69 | 108 |
| Deferred income tax benefit | -21,781 | -21,781 |
| Receivables, net | 2,654 | 3,812 |
| Deferred costs and other assets | -1,219 | 3,298 |
| Other liabilities | -4,214 | -6,913 |
| Net cash provided by operating activities | 57,800 | 27,927 |
| Acquisition, origination and funding of loans and preferred equity held for investment, net | 356,578 | 210,652 |
| Repayment on loans held for investment | -243,630 | -146,419 |
| Proceeds from sale of real estate | 39,554 | 5,184 |
| Cash and restricted cash received related to consolidation of loans held for investment and real estate owned | 6,141 | 4,653 |
| Acquisition of and additions to real estate and related intangibles | 10,837 | 8,389 |
| Cash relinquished in deconsolidation of subsidiaries | 5,638 | - |
| Change in escrow deposits payable | 4,338 | 5,384 |
| Net cash (used in) provided by investing activities | -88,066 | -68,169 |
| Distributions paid on common stock | 62,412 | 41,550 |
| Shares canceled for tax withholding on vested stock awards | 3,878 | 3,878 |
| Repurchase of common stock | 4,972 | 4,008 |
| Repayment of mortgage notes | 4,184 | 2,957 |
| Borrowings from credit facilities | 229,285 | 116,224 |
| Repayment of credit facilities | 235,798 | 111,678 |
| Borrowing from securitization bonds | 0 | - |
| Repayment of securitization bonds | 111,734 | 105,965 |
| Payments of financing costs | 4,990 | 4,780 |
| Issuance of common stock | 0 | 0 |
| Net cash used in financing activities | -198,683 | -158,592 |
| Effect of exchange rates on cash, cash equivalents and restricted cash | -180 | -180 |
| Net decrease in cash, cash equivalents and restricted cash | -229,129 | -199,014 |
| Cash and cash equivalents at beginning of period | 450,696 | - |
| Cash and cash equivalents at end of period | 221,567 | - |
BrightSpire Capital, Inc. (BRSP)
BrightSpire Capital, Inc. (BRSP)