For the year ending 2025-12-31, TPTA had $18,929,315 increase in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 |
|---|---|
| Net loss before income taxes | -27,825,846 |
| Depreciation and amortization | 3,841,661 |
| Provision for credit losses | 12,767,592 |
| Impairment charge on real estate assets held for sale | 3,399,684 |
| Loss on sale of real estate, net | -2,880,545 |
| Loss on repayment of loan | 0 |
| Gain on extinguishment of debt | 548,625 |
| Amortization of net purchase premiums on loans | -6,913 |
| Straight-line rent adjustments | -81,819 |
| Amortization of deferred financing costs | 1,641,761 |
| Amortization of discount on unsecured notes payable | 2,052,078 |
| Amortization of above- and below-market rent intangibles | -1,150,390 |
| Amortization and accretion of investment-related fees, net | -532,517 |
| Realized loss on investments, net | 0 |
| Unrealized gain on investments, net | 39,290 |
| Distributions received from equity interest in unconsolidated investments | 12,291,711 |
| Income from equity interest in unconsolidated investments | -3,283,274 |
| Interest receivable | 2,811,614 |
| Due from related parties | 884,310 |
| Other assets | 1,157,017 |
| Due to manager | -34,771 |
| Unearned income | 24,137 |
| Interest payable | -695,919 |
| Accounts payable and accrued expenses | 775,002 |
| Other liabilities | 213,073 |
| Net cash provided by (used in) operating activities | 1,913,799 |
| Proceeds from repayments of loans | 136,445,087 |
| Origination, purchase and funding of loans | 29,632,403 |
| Proceeds from sale of real estate | 69,123,333 |
| Real estate capital expenditures | 118,189 |
| Capital contributions to and purchase of equity interests in unconsolidated investments | 1,914,977 |
| Distributions in excess of income | 5,503,845 |
| Repayments of promissory note receivable | 1,182,759 |
| Funding for promissory note receivable | 0 |
| Purchase of equity securities | 0 |
| Proceeds from sale of trading equity securities | 0 |
| Net cash provided by investing activities | 180,589,455 |
| Repayments on secured financing | 170,854,544 |
| Proceeds from secured financing | 24,805,321 |
| Proceeds from obligations under participation agreements | 2,611,678 |
| Repayments on obligations under participation agreements | 2,591,102 |
| Repayments on unsecured notes payable | 4,188,000 |
| Distributions paid | 11,621,467 |
| Payment of financing costs | 0 |
| Change in interest reserve and other deposits held on investments | -1,735,825 |
| Net cash used in financing activities | -163,573,939 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 18,929,315 |
| Cash, cash equivalents and restricted cash at beginning of period | 18,965,026 |
| Cash, cash equivalents and restricted cash at end of period (note 2) | 37,894,341 |
Terra Property Trust, Inc. (TPTA)
Terra Property Trust, Inc. (TPTA)