| Schedule of Related Party Transactions |
For the year ended and as of December 31, 2025, the Company had the following investments in entities managed or advised by, or directly or indirectly owned by entities managed or advised by, affiliates of the Adviser (in thousands).
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Related Party |
|
Investment |
|
Basis |
|
|
Change in
Unrealized
Gain/(Loss) |
|
|
Equity in
income (loss) |
|
|
Realized
Gain/(Loss) |
|
|
Interest and
Dividends |
|
|
Total Income
(Losses) |
|
NexPoint Real Estate Finance, Inc. |
|
Common Stock |
|
$ |
41,568 |
|
|
$ |
(8,657 |
) |
|
$ |
— |
|
|
$ |
— |
|
|
$ |
4,200 |
|
|
$ |
(4,457 |
) |
NexPoint Storage Partners, Inc. |
|
Common Stock |
|
|
51,673 |
|
|
|
(12,894 |
) |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(12,894 |
) |
NexPoint Residential Trust, Inc. |
|
Common Stock |
|
|
3,062 |
|
|
|
(1,156 |
) |
|
|
— |
|
|
|
— |
|
|
|
205 |
|
|
|
(951 |
) |
NexPoint SFR Operating Partnership, L.P. |
|
Convertible Notes |
|
|
11,994 |
|
|
|
342 |
|
|
|
— |
|
|
|
— |
|
|
|
1,183 |
|
|
|
1,525 |
|
NexPoint Storage Partners Operating Company, LLC |
|
LLC Units |
|
|
34,470 |
|
|
|
(8,538 |
) |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(8,538 |
) |
Claymore Holdings, LLC |
|
LLC Units |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
Allenby, LLC |
|
LLC Units |
|
|
— |
|
|
|
456 |
|
|
|
— |
|
|
|
3,375 |
|
|
|
— |
|
|
|
3,831 |
|
Haygood, LLC. |
|
LLC Units |
|
|
— |
|
|
|
31 |
|
|
|
— |
|
|
|
(31 |
) |
|
|
— |
|
|
|
— |
|
VineBrook Homes Operating Partnership, L.P. |
|
Partnership Units |
|
|
118,599 |
|
|
|
(33,107 |
) |
|
|
— |
|
|
|
— |
|
|
|
5,967 |
|
|
|
(27,140 |
) |
NexPoint Real Estate Finance Operating Partnership, L.P. |
|
Partnership Units |
|
|
56,557 |
|
|
|
(2,564 |
) |
|
|
— |
|
|
|
— |
|
|
|
9,738 |
|
|
|
7,174 |
|
NexPoint SFR Operating Partnership, L.P. |
|
Partnership Units |
|
|
28,573 |
|
|
|
(12,039 |
) |
|
|
— |
|
|
|
— |
|
|
|
2,660 |
|
|
|
(9,379 |
) |
NexAnnuity Holdings, Inc. |
|
Preferred Shares |
|
|
73,388 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
5,743 |
|
|
|
5,743 |
|
NexPoint Storage Partners Operating Company, LLC |
|
Promissory Note |
|
|
1,862 |
|
|
|
(4 |
) |
|
|
— |
|
|
|
— |
|
|
|
125 |
|
|
|
121 |
|
NexPoint SFR Operating Partnership, L.P. |
|
Promissory Note |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
7 |
|
|
|
7 |
|
NFRO SFR REIT, LLC |
|
Promissory Note |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
88 |
|
|
|
88 |
|
NFRO SFR REIT, LLC |
|
Promissory Note |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
82 |
|
|
|
82 |
|
Semiconductor DST |
|
LLC Units |
|
|
23,959 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
1,401 |
|
|
|
1,401 |
|
Life Science II DST |
|
LLC Units |
|
|
9,600 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
479 |
|
|
|
479 |
|
Capital Acquisitions Partners, LLC |
|
LLC Units |
|
|
700 |
|
|
|
— |
|
|
|
292 |
|
|
|
— |
|
|
|
— |
|
|
|
292 |
|
Total |
|
|
|
$ |
456,005 |
|
|
$ |
(78,130 |
) |
|
$ |
292 |
|
|
$ |
3,344 |
|
|
$ |
31,878 |
|
|
$ |
(42,616 |
) |
For the year ended and as of December 31, 2024, the Company had the following investments in entities managed or advised by, or directly or indirectly owned by entities managed or advised by, affiliates of the Adviser (in thousands).
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Related Party |
|
Investment |
|
Basis |
|
|
Change in
Unrealized
Gain/(Loss) |
|
|
Equity in
income (loss) |
|
|
Realized
Gain/(Loss) |
|
|
Interest and
Dividends |
|
|
Total Income
(Losses) |
|
NexPoint Real Estate Finance, Inc. |
|
Common Stock |
|
$ |
32,949 |
|
|
$ |
(126 |
) |
|
$ |
— |
|
|
$ |
— |
|
|
$ |
4,200 |
|
|
$ |
4,074 |
|
NexPoint Storage Partners, Inc. |
|
Common Stock |
|
|
62,709 |
|
|
|
(5,478 |
) |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(5,478 |
) |
NexPoint Residential Trust, Inc. |
|
Common Stock |
|
|
4,018 |
|
|
|
692 |
|
|
|
— |
|
|
|
— |
|
|
|
180 |
|
|
|
872 |
|
NexPoint Hospitality Trust |
|
Common Stock |
|
|
— |
|
|
|
2,088 |
|
(1) |
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
2,088 |
|
NexPoint SFR Operating Partnership, L.P. |
|
Convertible Notes |
|
|
20,846 |
|
|
|
32 |
|
|
|
— |
|
|
|
— |
|
|
|
1,636 |
|
|
|
1,668 |
|
NexPoint Storage Partners Operating Company, LLC |
|
LLC Units |
|
|
34,172 |
|
|
|
(2,985 |
) |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(2,985 |
) |
SFR WLIF III, LLC |
|
LLC Units |
|
|
— |
|
|
|
— |
|
|
|
523 |
|
|
|
339 |
|
|
|
— |
|
|
|
862 |
|
Claymore Holdings, LLC |
|
LLC Units |
|
|
— |
|
|
|
(589 |
) |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(589 |
) |
Allenby, LLC |
|
LLC Units |
|
|
— |
|
|
|
(153 |
) |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(153 |
) |
Haygood, LLC. |
|
LLC Units |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
VineBrook Homes Operating Partnership, L.P. |
|
Partnership Units |
|
|
151,706 |
|
|
|
2,247 |
|
|
|
— |
|
|
|
— |
|
|
|
5,926 |
|
|
|
8,173 |
|
NexPoint Real Estate Finance Operating Partnership, L.P. |
|
Partnership Units |
|
|
76,396 |
|
|
|
(292 |
) |
|
|
— |
|
|
|
— |
|
|
|
9,738 |
|
|
|
9,446 |
|
NexPoint SFR Operating Partnership, L.P. |
|
Partnership Units |
|
|
37,953 |
|
|
|
(13,946 |
) |
|
|
— |
|
|
|
— |
|
|
|
2,516 |
|
|
|
(11,430 |
) |
NexAnnuity Holdings, Inc. |
|
Preferred Shares |
|
|
69,895 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
5,327 |
|
|
|
5,327 |
|
NexPoint Hospitality Trust |
|
Promissory Note |
|
|
— |
|
|
|
(308 |
) |
(1) |
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(308 |
) |
NexPoint Storage Partners Operating Company, LLC |
|
Promissory Note |
|
|
2,765 |
|
|
|
(11 |
) |
|
|
— |
|
|
|
— |
|
|
|
211 |
|
|
|
200 |
|
NexPoint SFR Operating Partnership, L.P. |
|
Promissory Note |
|
|
500 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
45 |
|
|
|
45 |
|
NFRO SFR REIT, LLC |
|
Promissory Note |
|
|
3,432 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
222 |
|
|
|
222 |
|
NFRO SFR REIT, LLC |
|
Promissory Note |
|
|
3,883 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
298 |
|
|
|
298 |
|
NREF OP IV, L.P. |
|
Promissory Note |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
188 |
|
|
|
188 |
|
Semiconductor DST |
|
LLC Units |
|
|
20,959 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
379 |
|
|
|
379 |
|
Life Science II DST |
|
LLC Units |
|
|
9,600 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
262 |
|
|
|
262 |
|
Capital Acquisitions Partners, LLC |
|
LLC Units |
|
|
407 |
|
|
|
— |
|
|
|
126 |
|
|
|
— |
|
|
|
— |
|
|
|
126 |
|
Total |
|
|
|
$ |
532,190 |
|
|
$ |
(18,829 |
) |
|
$ |
649 |
|
|
$ |
339 |
|
|
$ |
31,128 |
|
|
$ |
13,287 |
|
(1)Reflects the change in unrealized gain/(loss) prior to the NHT consolidation.
|