XML 12 R2.htm IDEA: XBRL DOCUMENT v3.25.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Assets:    
Cash and cash equivalents $ 308,842 $ 503,803
Restricted cash 40,563 156,376
Loans and investments, net (allowance for credit losses of $240,937 and $238,967) 11,215,625 11,033,997
Loans held-for-sale, net 314,635 435,759
Capitalized mortgage servicing rights, net 357,220 368,678
Securities held-to-maturity, net (allowance for credit losses of $10,767 and $10,846) 158,658 157,154
Investments in equity affiliates 77,095 76,312
Real estate owned, net 302,158 176,543
Due from related party 9,605 12,792
Goodwill and other intangible assets 87,727 88,119
Other assets 495,221 481,448
Total assets [1] 13,367,349 13,490,981
Liabilities:    
Credit and repurchase facilities 4,780,753 3,559,490
Securitized debt 3,286,395 4,622,489
Senior unsecured notes 1,237,160 1,236,147
Convertible senior unsecured notes 286,555 285,853
Junior subordinated notes to subsidiary trust issuing preferred securities 144,890 144,686
Mortgage notes payable — real estate owned 123,851 74,897
Due to related party 1,458 4,474
Due to borrowers 52,062 47,627
Allowance for loss-sharing obligations 85,515 83,150
Other liabilities 239,251 280,198
Total liabilities [1] 10,237,890 10,339,011
Commitments and contingencies (Note 14)
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 - 16,179,953 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 633,682 633,684
Common stock, $0.01 par value: 500,000,000 shares authorized - 192,161,707 and 189,259,435 shares issued and outstanding 1,922 1,893
Additional paid-in capital 2,410,499 2,375,469
(Accumulated deficit) retained earnings (38,600) 13,039
Total Arbor Realty Trust, Inc. stockholders' equity 3,007,503 3,024,085
Noncontrolling interest 121,956 127,885
Total equity 3,129,459 3,151,970
Total liabilities and equity $ 13,367,349 $ 13,490,981
[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, 2025 and December 31, 2024, assets of our consolidated VIEs totaled $4,439,674 and $6,124,925, respectively, and the liabilities of our consolidated VIEs totaled $3,297,014 and $4,637,744, respectively. See Note 15 for discussion of our VIEs