| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Total revenues | 17,459 | 21,034 | 29,074 | 22,216 |
| Property operating expenses (52, 0, 165 and 0 with related parties, respectively) | 5,589 | 5,523 | 6,961 | 6,339 |
| Property management fees (131, 193, 494 and 554 with related parties, respectively) | 303 | 387 | 519 | 664 |
| Real estate taxes and insurance | 1,314 | 1,573 | 1,841 | 1,639 |
| Advisory and administrative fees | 3,218 | 7,020 | 3,642 | 3,976 |
| Property general and administrative expenses (69, 68, 207 and 203 with related parties, respectively) | 1,308 | 1,616 | 1,991 | 2,057 |
| Corporate general and administrative expenses | 5,198 | 1,020 | 2,927 | 2,843 |
| Depreciation and amortization | 3,858 | 4,028 | 3,909 | 4,510 |
| Impairment loss | 0 | 0 | 1,752 | 6,134 |
| Total expenses | 20,788 | 21,167 | 23,542 | 28,162 |
| Operating income (loss) | -3,329 | -133 | 5,532 | -5,946 |
| Interest expense ((540), (620), (1,673) and (1,513) with related parties, respectively) | 6,903 | 6,637 | 7,276 | 8,288 |
| Equity in income (losses) of unconsolidated equity method ventures (20, 233, 226 and 603 with related parties, respectively) | -581 | 190 | -357 | 400 |
| Change in unrealized gains (losses) ((2,647), 17,142, (59,358) and 4,761 with related parties, respectively) | -2,505 | -41,637 | -33,322 | -885 |
| Realized gains (losses) (0, 0, 3,462 and 0 with related parties, respectively) | 6 | 3,462 | 1,519 | -1 |
| Gain on sales of real estate | 0 | 26 | 11 | - |
| Net income (loss) before income taxes | -13,312 | -44,729 | -33,893 | -14,720 |
| Income tax expense | -995 | -641 | 1,213 | 700 |
| Net loss | -12,317 | -44,088 | -35,106 | -15,420 |
| Net income (loss) attributable to preferred shareholders-Series APreferred Stock | 1,155 | 1,155 | - | - |
| Net income (loss) attributable to preferred shareholders-Series BPreferred Stock | 220 | 28 | - | - |
| Net income (loss) attributable to preferred shareholders | - | - | -1,157 | -1,155 |
| Net (income) loss attributable to noncontrolling interests | - | - | -1,945 | -6,538 |
| Net (income) loss attributable to redeemable noncontrolling interests in the op | -5 | -20 | - | - |
| Net loss attributable to common shareholders | -13,687 | -45,251 | -34,318 | -10,037 |
| Loss per share - basic (in dollars per share) | -0.29 | -0.99 | -0.8 | -0.25 |
| Loss per share - diluted (in dollars per share) | -0.29 | -0.99 | -0.8 | -0.25 |
| Weighted average common shares outstanding - basic (in shares) | 47,436,000 | 45,687,000 | 42,899,000 | 40,786,000 |
| Weighted average common shares outstanding - diluted (in shares) | 47,436,000 | 45,687,000 | 42,899,000 | 40,786,000 |
NEXPOINT DIVERSIFIED REAL ESTATE TRUST (NXDT)
NEXPOINT DIVERSIFIED REAL ESTATE TRUST (NXDT)