v3.25.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Assets:    
Cash and cash equivalents $ 255,742 $ 503,803
Restricted cash 90,944 156,376
Loans and investments, net (allowance for credit losses of $243,278 and $238,967) 11,333,023 11,033,997
Loans held-for-sale, net 361,447 435,759
Capitalized mortgage servicing rights, net 348,326 368,678
Securities held-to-maturity, net (allowance for credit losses of $13,659 and $10,846) 156,920 157,154
Investments in equity affiliates 71,796 76,312
Real estate owned, net 365,186 176,543
Due from related party 16,773 12,792
Goodwill and other intangible assets 87,336 88,119
Other assets 475,546 481,448
Total assets [1] 13,563,039 13,490,981
Liabilities:    
Credit and repurchase facilities 4,721,622 3,559,490
Securitized debt 3,510,865 4,622,489
Senior unsecured notes 1,238,174 1,236,147
Convertible senior unsecured notes 287,258 285,853
Junior subordinated notes to subsidiary trust issuing preferred securities 145,085 144,686
Mortgage notes payable — real estate owned 184,618 74,897
Due to related party 3,396 4,474
Due to borrowers 36,780 47,627
Allowance for loss-sharing obligations 89,757 83,150
Other liabilities 251,621 280,198
Total liabilities [1] 10,469,176 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 - 192,301,414 and 189,259,435 shares issued and outstanding 1,922 1,893
Additional paid-in capital 2,411,661 2,375,469
(Accumulated deficit) retained earnings (72,521) 13,039
Total Arbor Realty Trust, Inc. stockholders' equity 2,974,744 3,024,085
Noncontrolling interest 119,119 127,885
Total equity 3,093,863 3,151,970
Total liabilities and equity $ 13,563,039 $ 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 June 30, 2025 and December 31, 2024, assets of our consolidated VIEs totaled $4,852,140 and $6,124,925, respectively, and the liabilities of our consolidated VIEs totaled $3,520,197 and $4,637,744, respectively. See Note 15 for discussion of our VIEs.