GPMT-PA: the cash flow

Cash Flow Overview

Unit: Thousand (K) dollars

Positive Cash Flow Breakdown

Negative Cash Flow Breakdown

Cash Flow

2026-06-30

2026-03-31

2025-12-31

2025-09-30

Net loss

-58,409

-2,426

-23,809

-17,343

Accretion of discounts and net deferred fees on loans held-for-investment and deferred interest capitalized to loans held-for-investment

856

2,046

988

4,600

Amortization of deferred debt issuance costs and discounts

1,724

778

872

3,186

Provision for credit losses

46,981

-216

14,428

13,111

Impairment loss on real estate owned

6,079

6,753

(gain) loss on extinguishment of debt

Realized losses on loan sales

-18

Amortization of equity-based compensation

1,110

910

1,048

5,534

Proceeds received from deferred interest capitalized on loans held-for-investment

Depreciation and amortization on real estate owned, held-for-investment

2,028

2,049

2,193

5,837

Straight-line rental income

1,129

Gain on sale of real estate owned

301

Decrease (increase) in accrued interest receivable

-1,513

-616

-10

328

Decrease (increase) in other assets

1,743

-1,815

-4,946

5,773

Increase (decrease) in other liabilities

2,129

-3,849

-1,202

222

Net cash provided by (used in) operating

509

-2,408

3,122

-455

Originations, acquisitions and additional fundings of loans held-for-investment, net of deferred fees

7,918

13,761

13,165

34,421

Proceeds from loan sales

12,855

Proceeds from repayment of loans held-for-investment

98,785

176,867

44,305

291,422

Increase in other assets, due from servicer on repayments of loans held-for-investment

Capital expenditures related to real estate owned

617

2,336

1,414

2,799

Acquisition costs on real estate owned

1,587

Proceeds from sale of real estate owned

16,655

Purchases of other investments

-3,245

3,245

Net cash provided by investing activities

90,250

173,625

32,971

266,025

Proceeds from repurchase facilities

25,109

13,700

Principal payments on repurchase facilities

33,770

91,682

24,057

173,453

Principal payments on securitized debt obligations

14,260

108,016

33,765

111,850

Proceeds from asset-specific financings

Repayment of asset-specific financings

Proceeds from secured credit facility

Repayment of secured credit facility

7,500

Repayment of convertible senior notes

Proceeds from mortgage loan

18,000

Proceeds from loan participations sold

27,240

Payment of debt issuance costs

491

1,179

1,663

Tax withholding on vestings

912

374

1,102

Repurchase of common stock

306

5,662

Redemption of cumulative redeemable preferred stock

Dividends paid on preferred stock

3,601

3,600

10,801

Dividends paid on common stock

2,559

2,613

2,564

7,806

Net cash used in financing activities

-27,441

-207,129

-29,930

-306,137

Net increase (decrease) in cash, cash equivalents and restricted cash

63,318

-35,912

6,163

-40,567

Cash, cash equivalents, and restricted cash at beginning of period

44,154

80,066

73,903

114,470

Cash, cash equivalents, and restricted cash at end of period

107,472

44,154

80,066

73,903

Cash paid for interest

33,099

Cash paid for federal taxes

Transfers of loans held-for-investment to loans held-for-sale

12,873

Dividends declared but not paid at end of period

6,172

Time Plot

Show the time plot by selecting a row from the table.

Cash Flow Overview

Unit: Thousand (K) dollars

Positive Cash Flow Breakdown

Negative Cash Flow Breakdown

Cash Flow

2026-06-30

2026-03-31

2025-12-31

2025-09-30

Net loss

-58,409

-2,426

-23,809

-17,343

Accretion of discounts and net deferred fees on loans held-for-investment and deferred interest capitalized to loans held-for-investment

856

2,046

988

4,600

Amortization of deferred debt issuance costs and discounts

1,724

778

872

3,186

Provision for credit losses

46,981

-216

14,428

13,111

Impairment loss on real estate owned

6,079

6,753

(gain) loss on extinguishment of debt

Realized losses on loan sales

-18

Amortization of equity-based compensation

1,110

910

1,048

5,534

Proceeds received from deferred interest capitalized on loans held-for-investment

Depreciation and amortization on real estate owned, held-for-investment

2,028

2,049

2,193

5,837

Straight-line rental income

1,129

Gain on sale of real estate owned

301

Decrease (increase) in accrued interest receivable

-1,513

-616

-10

328

Decrease (increase) in other assets

1,743

-1,815

-4,946

5,773

Increase (decrease) in other liabilities

2,129

-3,849

-1,202

222

Net cash provided by (used in) operating

509

-2,408

3,122

-455

Originations, acquisitions and additional fundings of loans held-for-investment, net of deferred fees

7,918

13,761

13,165

34,421

Proceeds from loan sales

12,855

Proceeds from repayment of loans held-for-investment

98,785

176,867

44,305

291,422

Increase in other assets, due from servicer on repayments of loans held-for-investment

Capital expenditures related to real estate owned

617

2,336

1,414

2,799

Acquisition costs on real estate owned

1,587

Proceeds from sale of real estate owned

16,655

Purchases of other investments

-3,245

3,245

Net cash provided by investing activities

90,250

173,625

32,971

266,025

Proceeds from repurchase facilities

25,109

13,700

Principal payments on repurchase facilities

33,770

91,682

24,057

173,453

Principal payments on securitized debt obligations

14,260

108,016

33,765

111,850

Proceeds from asset-specific financings

Repayment of asset-specific financings

Proceeds from secured credit facility

Repayment of secured credit facility

7,500

Repayment of convertible senior notes

Proceeds from mortgage loan

18,000

Proceeds from loan participations sold

27,240

Payment of debt issuance costs

491

1,179

1,663

Tax withholding on vestings

912

374

1,102

Repurchase of common stock

306

5,662

Redemption of cumulative redeemable preferred stock

Dividends paid on preferred stock

3,601

3,600

10,801

Dividends paid on common stock

2,559

2,613

2,564

7,806

Net cash used in financing activities

-27,441

-207,129

-29,930

-306,137

Net increase (decrease) in cash, cash equivalents and restricted cash

63,318

-35,912

6,163

-40,567

Cash, cash equivalents, and restricted cash at beginning of period

44,154

80,066

73,903

114,470

Cash, cash equivalents, and restricted cash at end of period

107,472

44,154

80,066

73,903

Cash paid for interest

33,099

Cash paid for federal taxes

Transfers of loans held-for-investment to loans held-for-sale

12,873

Dividends declared but not paid at end of period

6,172

Time Plot

Show the time plot by selecting a row from the table.