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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Assets:    
Cash and cash equivalents $ 908,049 $ 928,974
Restricted cash 546,643 608,233
Loans and investments, net (allowance for credit losses of $211,942 and $195,664) 12,001,544 12,377,806
Loans held-for-sale, net 322,875 551,707
Capitalized mortgage servicing rights, net 385,520 391,254
Securities held-to-maturity, net (allowance for credit losses of $7,597 and $6,256) 155,413 155,279
Investments in equity affiliates 90,244 79,303
Due from related party 104,365 64,421
Goodwill and other intangible assets 90,205 91,378
Other assets 499,998 490,281
Total assets [1] 15,104,856 15,738,636
Liabilities:    
Credit and repurchase facilities 2,913,483 3,237,827
Securitized debt 6,691,958 6,935,010
Senior unsecured notes 1,335,013 1,333,968
Convertible senior unsecured notes 283,776 283,118
Junior subordinated notes to subsidiary trust issuing preferred securities 144,096 143,896
Due to related party 14,159 13,799
Due to borrowers 95,807 121,707
Allowance for loss-sharing obligations 72,790 71,634
Other liabilities 319,466 343,072
Total liabilities [1] 11,870,548 12,484,031
Commitments and contingencies (Note 13)
Arbor Realty Trust, Inc. stockholders' equity:    
Preferred stock, cumulative, redeemable, $0.01 par value: 100,000,000 shares authorized, shares issued and outstanding by period: Special voting preferred shares - 16,293,589 shares, 6.375% Series D - 9,200,000 shares, 6.25% Series E - 5,750,000 shares, 6.25% Series F - 11,342,000 shares 633,684 633,684
Common stock, $0.01 par value: 500,000,000 shares authorized - 189,452,116 and 188,505,264 shares issued and outstanding 1,895 1,885
Additional paid-in capital 2,372,336 2,367,188
Retained earnings 91,770 115,216
Total Arbor Realty Trust, Inc. stockholders' equity 3,099,685 3,117,973
Noncontrolling interest 134,623 136,632
Total equity 3,234,308 3,254,605
Total liabilities and equity $ 15,104,856 $ 15,738,636
[1] Our consolidated balance sheets include assets and liabilities of consolidated variable interest entities, or VIEs, as we are the primary beneficiary of these VIEs. At March 31, 2024 and December 31, 2023, assets of our consolidated VIEs totaled $8,289,662 and $8,614,571, respectively, and the liabilities of our consolidated VIEs totaled $6,715,750 and $6,967,877, respectively. See Note 14 for discussion of our VIEs