Terra Property Trust, Inc. (TPTS)
Terra Property Trust, Inc. (TPTS)
| Cash Flow | 2026-06-30 |
|---|---|
| Net loss | -18,990,390 |
| Depreciation and amortization | 1,486,026 |
| Provision for credit losses | 11,786,861 |
| Impairment charge on real estate asset held for sale | 595,984 |
| Loss on sale of real estate, net | -585,674 |
| Gain on extinguishment of debt | 119,618 |
| Amortization of net purchase premiums on loans | 0 |
| Straight-line rent adjustments | 7,711 |
| Amortization of deferred financing costs | 933,773 |
| Amortization of discount on unsecured notes payable | 703,549 |
| Amortization of above- and below-market rent intangibles | -306,145 |
| Amortization and accretion of investment-related fees, net | -1,559,567 |
| Unrealized loss on investments, net | 0 |
| Distributions received from equity interest in unconsolidated investments | 2,729,875 |
| Income from equity interest in unconsolidated investments | -6,075,048 |
| Interest receivable | -650,603 |
| Due from related parties | -328,793 |
| Other assets | -2,048,006 |
| Due to manager | 578,669 |
| Unearned income | -83,543 |
| Interest payable | -176,136 |
| Accounts payable and accrued expenses | -922,355 |
| Other liabilities | 1,574,292 |
| Net cash (used in) provided by operating activities | -1,103,852 |
| Proceeds from repayments of loans | 23,849,008 |
| Origination, purchase and funding of loans | 2,700,004 |
| Proceeds from sale of real estate | 30,388,452 |
| Capital contributions to and purchase of equity interests in unconsolidated investments | 2,767,487 |
| Distributions in excess of income | 9,313,737 |
| Repayments of promissory note receivable | 0 |
| Net cash provided by investing activities | 58,083,706 |
| Repayments on secured financing | 34,450,000 |
| Proceeds from secured financing | 37,250,000 |
| Proceeds from obligations under participation agreements | 0 |
| Repayments on obligations under participation agreements | 18,020,576 |
| Repayments on unsecured notes payable | 65,909,507 |
| Distributions paid | 967,062 |
| Payment of deferred financing costs | 1,379,486 |
| Change in interest reserve and other deposits held on investments | -471,249 |
| Net cash used in financing activities | -83,947,880 |
| Net (decrease) increase in cash, cash equivalents and restricted cash | -26,968,026 |
| Cash, cash equivalents and restricted cash at beginning of period | 37,894,341 |
| Cash, cash equivalents and restricted cash at end of period (note 2) | 10,926,315 |