v3.25.4
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Thousands
Total
Stockholders’ Equity in Rithm Property Trust Inc.
Preferred Stock
Common Stock
Treasury Stock Amount
Additional Paid-in Capital
Accumulated Deficit
Accumulated Other Comprehensive Loss
Noncontrolling interest
Preferred Stock - Series A Shares
Preferred Stock - Series A Shares
Preferred Stock
Preferred Stock - Series B Shares
Preferred Stock - Series B Shares
Preferred Stock
Beginning balance (in shares) at Dec. 31, 2023                     424,949   1,135,590
Beginning balance (in shares) at Dec. 31, 2023       4,576,694                  
Beginning balance at Dec. 31, 2023 $ 310,895 $ 308,933   $ 285 $ (9,557) $ 352,060 $ (54,382) $ (14,027) $ 1,962   $ 9,411   $ 25,143
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net income (loss) (93,050) (91,835)         (91,835)   (1,215)        
Sale of shares, net of offering costs (in shares)       479,124                  
Sale of shares, net of offering costs 14,029 14,029   $ 29   14,000              
Issuance of Preferred Stock (in shares)       2,007,702             424,949   1,135,590
Issuance of Preferred Stock (6,144) (6,144)   $ (120)   (40,919) 341       $ (9,411)   $ (25,143)
Stock-based management termination fee expense (in shares)       529,108                  
Stock-based management termination fee expense 15,506 15,506   $ 32   15,474              
Distribution shares from the Former Manager (in shares)       (104,763)                  
Distribution shares from the Former Manager (2,037) (2,037)     (2,037)                
Stock-based management fee to Manager (in shares)       73,630                  
Stock-based management fee to Manager 1,408 1,408   $ 5   1,403              
Stock-based compensation expense (in shares)       8,630                  
Stock-based compensation expense 1,472 1,472       1,472              
Dividends declared and distributions [1] (12,346) (11,445)         (11,445)   (901)        
Equity issuance costs moved to APIC (289) (289)       (289)              
Unrealized gains on available-for-sale securities 1,981 1,981           1,981          
Reclassification to earnings of unrealized loss on debt securities available-for-sale transferred to held-to-maturity $ 3,055 3,055           3,055          
Ending balance (in shares) at Dec. 31, 2024 0   0             0 0 0 0
Ending balance (in shares) at Dec. 31, 2024 7,570,125     7,570,125                  
Ending balance at Dec. 31, 2024 $ 246,768 246,922 $ 0 $ 471 $ (11,594) $ 425,039 (158,003) (8,991) (154)   $ 0   $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net income (loss) 1,474 1,472         1,472   2        
Issuance of Preferred Stock (in shares)     2,084,232                    
Issuance of Preferred Stock $ (50,785) $ (50,785) $ (50,785)                    
Reverse stock split (in shares)       1,574                  
Reverse stock split (2,000) (2,000)   (395,000) (2,000) 395,000              
Distribution shares from the Former Manager $ 0                        
Dividends declared and distributions [1] (11,025) $ (11,025)         (11,025)            
Preferred dividend accrued (4,212) (4,212)         (4,212)            
Unrealized gains on available-for-sale securities 6,487 6,487           6,487          
Other (35) 269       $ 269     (304)        
Reclassification to earnings of unrealized loss on debt securities available-for-sale transferred to held-to-maturity $ 857 857           857          
Ending balance (in shares) at Dec. 31, 2025 2,084,232   2,084,232             0   0  
Ending balance (in shares) at Dec. 31, 2025 7,571,699     7,571,699                  
Ending balance at Dec. 31, 2025 $ 291,097 $ 291,553 $ 50,785 $ 76 $ (11,596) $ 425,703 $ (171,768) $ (1,647) $ (456)        
[1] The per share amount was 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.