v3.25.4
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Net Interest Income    
Interest income $ 52,800 $ 52,874
Interest expense (37,387) (43,572)
Net interest income (expense) 15,413 9,302
Expenses    
Related party loan servicing fee 1,964 4,175
Related party management fee 6,253 23,276
Professional fees 3,612 3,413
General and administrative 4,160 9,026
Total expense 15,989 39,890
Other Income (Loss)    
Net change in the allowance for credit losses 7,003 (5,087)
Change in unrealized gain (loss) on residential mortgage loans held-for-sale, net 5,892 (54,537)
Fair value adjustment on mark-to-market liabilities 0 3,078
Other loss (10,785) (5,771)
Total other income (loss) 2,110 (62,317)
Income (Loss) Before Income Taxes 1,534 (92,905)
Income tax expense 60 145
Net Income (Loss) 1,474 (93,050)
Net income (loss) attributable to the noncontrolling interests 2 (1,215)
Net Income (Loss) Attributable to Rithm Property Trust Inc. 1,472 (91,835)
Dividends on Preferred Stock 4,212 340
Net Loss Attributable to Common Stockholders $ (2,740) $ (92,175)
Net Income (Loss) per Share of Common Stock    
Basic (in dollars per share) $ (0.36) $ (13.76)
Diluted (in dollars per share) $ (0.36) $ (13.76)
Weighted Average Number of Shares of Common Stock Outstanding    
Basic (in shares) [1] 7,570,205 6,699,247
Diluted (in shares) [1] 7,570,205 6,699,247
[1] The prior period share and per share amounts were adjusted to reflect the impact of the one-for-six reverse stock split of the Company’s common stock which took effect on December 30, 2025.