CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||||
|---|---|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
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| Net Interest Income | ||||||
| Interest income | $ 12,335 | $ 13,636 | $ 24,871 | $ 26,836 | ||
| Interest expense | (8,279) | (9,423) | (17,187) | (18,809) | ||
| Net interest income (expense) | 4,056 | 4,213 | 7,684 | 8,027 | ||
| Expenses | ||||||
| Related party loan servicing fee | 557 | 493 | 1,023 | 1,003 | ||
| Related party management fee | 1,614 | 1,603 | 3,218 | 3,047 | ||
| Professional fees | 1,219 | 854 | 2,900 | 1,749 | ||
| General and administrative | 1,037 | 1,011 | 2,132 | 1,915 | ||
| Total expense | 4,427 | 3,961 | 9,273 | 7,714 | ||
| Other Income (Loss) | ||||||
| Realized and unrealized gains (losses), net | 2,959 | 564 | 2,836 | (3,880) | ||
| Other income (loss), net | (563) | 1,109 | (1,216) | 1,965 | ||
| Total other income (loss), net | 2,396 | 1,673 | 1,620 | (1,915) | ||
| Income (Loss) Before Income Taxes | 2,025 | 1,925 | 31 | (1,602) | ||
| Income tax expense (benefit) | 20 | 26 | 15 | (109) | ||
| Net Income (Loss) | 2,005 | 1,899 | 16 | (1,493) | ||
| Net income attributable to the noncontrolling interests | 0 | 1 | 1 | 4 | ||
| Net Income (Loss) Attributable to Rithm Property Trust Inc. | 2,005 | 1,898 | 15 | (1,497) | ||
| Dividends on preferred stock | 1,290 | 1,286 | 2,580 | 1,636 | ||
| Net Income (Loss) Attributable to Common Stockholders | $ 715 | $ 612 | $ (2,565) | $ (3,133) | ||
| Net Income (Loss) per Share of Common Stock | ||||||
| Basic (in dollars per share) | $ 0.09 | $ 0.08 | $ (0.33) | $ (0.41) | ||
| Diluted (in dollars per share) | $ 0.09 | $ 0.08 | $ (0.33) | $ (0.41) | ||
| Weighted Average Number of Shares of Common Stock Outstanding | ||||||
| Basic (in shares) | [1] | 7,745,779 | 7,569,792 | 7,684,474 | 7,569,484 | |
| Diluted (in shares) | [1] | 7,745,779 | 7,570,061 | 7,684,474 | 7,569,484 | |
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- Definition Represents the amount related to loan servicing fee expense as related party expense. No definition available.
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- Definition Represents the amount related to management fee expense as related party expense. No definition available.
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- References No definition available.
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- References No definition available.
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of realized and unrealized gain (loss) on investment. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of interest expense classified as operating. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of interest income (expense) classified as operating. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of operating interest income, including, but not limited to, amortization and accretion of premiums and discounts on securities. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities; of income (loss) available to common shareholders. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of gain (loss) related to nonoperating activities, classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The amount of preferred stock dividends that is an adjustment to net income apportioned to common stockholders. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition A fee charged for services from professionals such as doctors, lawyers and accountants. The term is often expanded to include other professions, for example, pharmacists charging to maintain a medicinal profile of a client or customer. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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