| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 49,434 | 134,939 | ||
| Restricted cash | 13,476 | 13,388 | ||
| Mortgage loans receivable | 1,920,588 | 1,593,710 | ||
| Allowance for credit losses | 52,135 | 52,166 | ||
| Mortgage loan receivables held for sale | 27,970 | 28,347 | ||
| Securities | 1,940,547 | 1,966,471 | ||
| Real estate and related lease intangibles, net | 705,511 | 690,186 | ||
| Investments in and advances to unconsolidated ventures | 18,489 | 18,903 | ||
| Derivative instruments | 284 | 247 | ||
| Accrued interest receivable | 14,485 | 13,302 | ||
| Other assets | 47,895 | 50,147 | ||
| Total assets | 4,686,544 | 4,457,474 | ||
| Debt obligations, net | 2,997,232 | 2,783,166 | ||
| Dividends payable | 31,357 | 30,921 | ||
| Accrued expenses | 55,446 | 55,347 | ||
| Other liabilities | 109,095 | 87,970 | ||
| Total liabilities | 3,193,130 | 2,957,404 | ||
| Class a common stock, par value 0.001 per share, 600,000,000 shares authorized 130,790,591 and 129,883,019 shares issued and 127,321,390 and 127,106,481 shares outstanding as of september30, 2025 and december31, 2024, respectively-Common Class A | 127 | 127 | ||
| Additional paid-in capital | 1,784,005 | 1,781,307 | ||
| Treasury stock, 3,469,201 and 2,776,538 shares, at cost | 38,128 | 36,584 | ||
| Retained earnings (dividends in excess of earnings) | -246,686 | -236,595 | ||
| Accumulated other comprehensive income (loss) | -3,339 | -5,639 | ||
| Total shareholders equity | 1,495,979 | 1,502,616 | ||
| Noncontrolling interests in consolidated ventures | -2,565 | -2,546 | ||
| Total equity | 1,493,414 | 1,500,070 | ||
| Total liabilities and equity | 4,686,544 | 4,457,474 | ||
Ladder Capital Corp (LADR)
Ladder Capital Corp (LADR)