| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| CRE loans | $118.1M-23.7% | $154.9M-16.0% | $184.3M+46.8% | $125.5M+24.6% | $100.8M |
| Other | $1.0M-57.3% | $2.4M-23.4% | $3.1M+326.1% | $735K+657.7% | $97K |
| Total interest income | $119.1M-24.2% | $157.3M-16.1% | $187.5M+48.5% | $126.3M+25.0% | $101.0M |
| Interest expense | $85.9M-26.0% | $116.1M-11.2% | $130.8M+58.9% | $82.3M+33.7% | $61.6M |
| Net interest income | $33.2M-19.3% | $41.2M-27.4% | $56.7M+29.0% | $44.0M+11.4% | $39.5M |
| Real estate income | $46.6M+10.5% | $42.2M+22.9% | $34.3M+10.2% | $31.1M+195.0% | $10.6M |
| Other revenue | $133K-10.1% | $148K+2.1% | $145K+59.3% | $91K+40.0% | $65K |
| Total revenues | $79.9M-4.2% | $83.5M-8.4% | $91.1M+21.2% | $75.2M+50.1% | $50.1M |
| General and administrative | $11.3M+5.7% | $10.7M+1.7% | $10.5M-0.6% | $10.6M-8.9% | $11.6M |
| Real estate expenses | $51.3M+9.4% | $46.9M+20.5% | $38.9M+14.9% | $33.9M+219.3% | $10.6M |
| Management fees - related party | $6.4M-1.3% | $6.5M-12.9% | $7.5M+6.1% | $7.0M+15.5% | $6.1M |
| Equity compensation - related party | $2.1M-27.4% | $3.0M+14.7% | $2.6M-27.6% | $3.6M+106.9% | $1.7M |
| Corporate depreciation and amortization | $78K+36.8% | $57K-37.4% | $91K+7.1% | $85K-9.6% | $94K |
| (Reversal of) provision for credit losses, net | -$7.7M-261.8% | $4.8M-56.1% | $10.9M-11.3% | $12.3M | — |
| Total operating expenses | $63.5M-11.6% | $71.9M+2.0% | $70.5M+4.5% | $67.4M+662.0% | $8.8M |
| Net interest and other revenues less operating expenses | $16.4M+41.7% | $11.6M-43.9% | $20.7M+166.3% | $7.8M-81.2% | $41.2M |
| Equity in losses of unconsolidated subsidiaries | -$1.7M-89.4% | -$912K | $0 | $0 | — |
| Gain on conversion of real estate | $0-100.0% | $8.6M | $0 | $0 | — |
| Gain on sale of investment in real estate | $11.7M+55.5% | $7.5M+907.5% | $745K-60.2% | $1.9M | $0 |
| Other income | $1.5M-23.9% | $2.0M+277.8% | $527K-66.8% | $1.6M+93.2% | $822K |
| Total other income | $11.5M-33.4% | $17.2M+1253.9% | $1.3M-57.6% | $3.0M+141.0% | -$7.3M |
| INCOME BEFORE TAXES | $27.9M-3.2% | $28.8M+31.3% | $21.9M+103.9% | $10.8M-68.3% | $33.9M |
| Income tax benefit (expense) | $83K+165.9% | -$126K-29.9% | -$97K+71.1% | -$336K | — |
| NET INCOME | $28.0M-2.5% | $28.7M+31.3% | $21.8M+109.6% | $10.4M-69.3% | $33.9M |
| Net income allocated to preferred shares | -$21.1M-3.4% | -$20.4M-5.0% | -$19.4M+0.0% | -$19.4M-22.3% | -$15.9M |
| Carrying value in excess of consideration paid for preferred shares | $0-100.0% | $242K | $0 | $0 | — |
| Net (income) loss allocable to non-controlling interests, net of taxes | -$6.7M-1264.3% | $572K+5.5% | $542K+175.1% | $197K | $0 |
| Net income allocable to common shares | $239K-97.4% | $9.1M+207.4% | $3.0M+133.7% | -$8.8M-148.8% | $18.0M |
| NET INCOME PER COMMON SHARE - BASIC | $30.00-97.5% | $1190.00+240.0% | $350.00+135.0% | -$1000.00-154.1% | $1850.00 |
| NET INCOME PER COMMON SHARE - DILUTED | $30.00-97.4% | $1150.00+228.6% | $350.00+135.0% | -$1000.00-154.1% | $1850.00 |
| WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - BASIC | 7.13B-6.9% | 7.65B-9.1% | 8.42B-4.5% | 8.81B-9.5% | 9.74B |
| WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - DILUTED | 7.41B-6.5% | 7.92B-7.5% | 8.57B-2.8% | 8.81B-9.7% | 9.76B |
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.