For the year ending 2025-12-31, FBRT has $6,057,250K in assets. $4,436,025K in debts. $167,292K in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | |||
|---|---|---|---|---|
| Cash and cash equivalents | 167,292 | |||
| Restricted cash | 17,889 | |||
| Investment securities, held to maturity | 20,483 | |||
| Total gross carrying value of loans | 4,421,436 | |||
| Allowance For Credit Loss General | 34,196 | |||
| Allowance For Credit Loss Specific | 4,106 | |||
| Less allowance for credit losses | 38,302 | |||
| Commercial mortgage loans, held for investment, net of allowance for credit losses of 38,302 and 78,083 as of december31, 2025 and 2024, respectively | 4,383,134 | |||
| Commercial mortgage loans, held for sale, measured at fair value | 360,718 | |||
| Real estate securities, available for sale, measured at fair value, amortized cost of 151,946 and 202,894 as of december31, 2025 and 2024, respectively | 151,662 | |||
| Mortgage servicing rights, net | 212,216 | |||
| Accrued interest receivable | 41,468 | |||
| Receivable for loan repayment | 50,619 | |||
| Prepaid expenses and other assets | 45,112 | |||
| Real estate owned, net of depreciation | 99,265 | |||
| Real estate owned, held for sale | 198,883 | |||
| Equity method investments | 71,682 | |||
| Intangible assets, net of amortization | 115,553 | |||
| Goodwill | 92,048 | |||
| Derivative instruments, measured at fair value | 11,315 | |||
| Loans eligible for repurchase | 17,911 | |||
| Total assets | 6,057,250 | |||
| Collateralized loan obligations | 2,735,582 | |||
| Repurchase agreements-Commercial Mortgage Backed Securities | 1,087,087 | |||
| Repurchase agreements-Real Estate Securities | 187,371 | |||
| Other financings-Commercial Mortgage Backed Securities | 12,865 | |||
| Unsecured debt | 185,466 | |||
| Mortgage note payable | 23,998 | |||
| Allowance for loss sharing | 19,484 | |||
| Accrued compensation | 43,662 | |||
| Liability for loans eligible for repurchase | 17,911 | |||
| Interest payable | 16,110 | |||
| Distributions payable | 38,935 | |||
| Accounts payable and accrued expenses | 18,892 | |||
| Due to affiliates | 12,054 | |||
| Derivative instruments, measured at fair value | 6,951 | |||
| Other liabilities | 29,657 | |||
| Total liabilities | 4,436,025 | |||
| Convertible Preferred Stock Nonredeemable Or Redeemable Issuer Option Value | 89,748 | |||
| Total redeemable convertible preferred stock | 89,748 | |||
| Preferred stock, 0.01 par value 100,000,000 shares authorized, 7.5 cumulative redeemable preferred stock, series e, 10,329,039 shares issued and outstanding as of december31, 2025 and 2024, respectively-Series EPreferred Stock | 258,742 | |||
| Common stock, 0.01 par value, 900,000,000 shares authorized, 81,553,982 and 83,066,789 issued and outstanding as of december31, 2025 and 2024, respectively | 808 | |||
| Additional paid-in capital | 1,593,365 | |||
| Accumulated other comprehensive income (loss) | -284 | |||
| Accumulated deficit | -411,101 | |||
| Total stockholders' equity | 1,441,530 | |||
| Non-controlling interest | 89,947 | |||
| Total equity | 1,531,477 | |||
| Total liabilities, redeemable convertible preferred stock and equity | 6,057,250 | |||
Franklin BSP Realty Trust, Inc. (FBRT)
Franklin BSP Realty Trust, Inc. (FBRT)