For the year ending 2025-12-31, BRSP had -$276,861K decrease in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 |
|---|---|
| Net loss | -38,768 |
| Depreciation and amortization | 36,336 |
| Straight-line rental income | 1,581 |
| Amortization of above (below) market lease values, net | 324 |
| Amortization of premium/accretion of discount and fees on investments and borrowings, net | 2,844 |
| Amortization of deferred financing costs | 8,206 |
| Amortization of right-of-use lease assets and operating lease liabilities | -10 |
| Paid-in-kind interest added to loan principal, net of interest received | 2,591 |
| Designated hedges and foreign currency translation reclassified to earnings | -3,362 |
| Realized gain on sale of real estate, net | 1,112 |
| Increase of current expected credit loss reserve | 24,001 |
| Impairment of operating real estate | 61,620 |
| Amortization of equity-based compensation | 12,836 |
| Mortgage notes (above) below market value amortization | 30 |
| Deferred income tax benefit | -22,302 |
| Other loss, net | 0 |
| Receivables, net | 5,518 |
| Deferred costs and other assets | -2,429 |
| Other liabilities | -7,021 |
| Net cash provided by operating activities | 73,025 |
| Acquisition, origination and funding of loans and preferred equity held for investment, net | 769,072 |
| Repayment on loans held for investment | -284,106 |
| Proceeds from sale of real estate | 80,813 |
| Acquisition of and additions to real estate and related intangibles | 17,943 |
| Distributions in excess of cumulative earnings from unconsolidated ventures | 0 |
| Cash relinquished in deconsolidation of subsidiaries | 6,353 |
| Cash and restricted cash received related to consolidation of loans held for investment and real estate owned | 6,141 |
| Change in escrow deposits payable | -2,378 |
| Net cash (used in) provided by investing activities | -419,930 |
| Distributions paid on common stock | 83,000 |
| Shares canceled for tax withholding on vested stock awards | 3,878 |
| Repurchase of common stock | 10,934 |
| Borrowings from mortgage notes | 0 |
| Repayment of mortgage notes | 5,337 |
| Borrowings from master repurchase and credit facilities | 614,968 |
| Repayment of master repurchase and credit facilities | 322,054 |
| Borrowing from securitization bonds | 0 |
| Repayment of securitization bonds | 112,281 |
| Payment of deferred financing costs | 8,558 |
| Distributions to noncontrolling interests | 0 |
| Issuance of common stock | 0 |
| Net cash provided by (used in) financing activities | 68,926 |
| Effect of exchange rates on cash, cash equivalents and restricted cash | 1,118 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | -276,861 |
| Cash and cash equivalents at beginning of period | 450,696 |
| Cash and cash equivalents at end of period | 173,835 |
BrightSpire Capital, Inc. (BRSP)
BrightSpire Capital, Inc. (BRSP)