v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Assets:    
Cash and cash equivalents $ 287,525 $ 482,875
Restricted cash 138,382 67,347
Loans and investments, net (allowance for credit losses of $163,431 and $145,971) 11,915,216 11,934,248
Loans held-for-sale, net 375,797 409,081
Capitalized mortgage servicing rights, net 323,887 340,842
Securities held-to-maturity, net (allowance for credit losses of $14,343 and $17,013) 157,137 156,087
Investments in equity affiliates 82,762 57,966
Real estate owned, net 545,946 498,938
Goodwill and other intangible assets 85,770 86,553
Other assets 440,403 460,966
Total assets [1] 14,352,825 14,494,903
Liabilities:    
Credit and repurchase facilities 5,812,258 5,149,651
Securitized debt 2,972,246 3,468,258
Senior unsecured notes 1,857,769 2,029,078
Junior subordinated notes to subsidiary trust issuing preferred securities 145,907 145,497
Notes payable - real estate owned 270,410 222,965
Due to borrowers 27,562 33,451
Allowance for loss-sharing obligations 118,898 97,579
Other liabilities 266,752 281,271
Total liabilities [1] 11,471,802 11,427,750
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: 633,683 633,683
Common stock, $0.01 par value: 500,000,000 shares authorized - 188,981,757 and 195,491,855 shares issued and outstanding 1,890 1,955
Additional paid-in capital 2,409,539 2,454,312
Accumulated deficit (267,177) (136,597)
Total Arbor Realty Trust, Inc. stockholders' equity 2,777,935 2,953,353
Noncontrolling interest 103,088 113,800
Total equity 2,881,023 3,067,153
Total liabilities and equity $ 14,352,825 $ 14,494,903
[1] Our consolidated balance sheets include assets and liabilities of consolidated variable interest entities ("VIEs,") as we are the primary beneficiary of these VIEs. At June 30, 2026 and December 31, 2025, assets of our consolidated VIEs totaled $3,790,046 and $4,662,021, respectively, and the liabilities of our consolidated VIEs totaled $2,978,886 and $3,477,848, respectively. See Note 15 for discussion of our VIEs.