← BrightSpire Capital, Inc.
| Annual Trend | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | $77.3m | $69.6m | $474.8m | $259.7m | $306.3m | $257.5m | $302.2m | $66.8m | |
| Receivables, net | $48.8m | $46.5m | $37.4m | $54.5m | $40.7m | $41.5m | $38.7m | $45.6m | |
| Deferred leasing costs and intangible assets, net | $134.1m | $112.8m | $75.7m | $65.0m | $54.0m | $59.0m | $47.2m | $27.6m | |
| Intangible liabilities, net | $15.1m | $22.1m | $7.7m | $6.2m | $4.8m | $4.1m | $2.8m | $389k | |
| Other assets | $62.0m | $87.7m | $60.9m | $61.9m | $55.7m | $47.7m | $51.3m | $47.1m | |
| Restricted cash | $110.1m | $126.1m | $65.2m | $86.8m | $92.5m | $104.6m | $148.5m | $107.0m | |
| Loans and preferred equity held for investment | — | $2.8b | $2.2b | $3.5b | $3.6b | $2.9b | $2.5b | $2.7b | |
| Current expected credit loss reserve | — | — | ($37.2m) | ($36.6m) | ($106.2m) | ($76.0m) | ($165.9m) | ($87.4m) | |
| Loans and preferred equity held for investment, net | $2.0b | $2.6b | $2.2b | $3.4b | $3.5b | $2.9b | $2.4b | $2.6b | |
| Real estate, net | $2.0b | $1.5b | $839.3m | $783.2m | $732.5m | $808.0m | $777.4m | $679.8m | |
| Assets held for sale | $0 | $189.5m | $323.4m | $44.3m | $0 | $19.6m | $5.2m | $0 | |
| Securitization bonds payable, net | $81.4m | $833.2m | $835.2m | $1.5b | $1.2b | $912.5m | $1.1b | $977.1m | |
| Mortgage and other notes payable, net | $1.2b | $1.3b | $1.0b | $760.6m | $656.5m | $650.3m | $619.1m | $414.1m | |
| Credit facilities | $1.4b | $1.1b | $535.2m | $905.1m | $1.3b | $1.2b | $785.2m | $1.1b | |
| Escrow deposits payable | $66.0m | $74.5m | $37.0m | $73.3m | $79.1m | $88.6m | $80.1m | $82.5m | |
| Total stockholders’ equity | $2.7b | $2.1b | $1.7b | $1.5b | $1.4b | $1.3b | $1.0b | $938.4m | |
| Total equity | $2.8b | $2.2b | $2.0b | $1.5b | $1.4b | $1.3b | $1.0b | $928.4m | |
| Total assets | $8.7b | $7.4b | $6.2b | $5.6b | $4.8b | $4.2b | $3.7b | $3.6b | |
| Accrued and other liabilities | $106.2m | $140.4m | $96.6m | $99.8m | $87.6m | $85.5m | $82.6m | $63.7m | |
| Dividends payable | $19.0m | $13.2m | $0 | $23.9m | $25.8m | $26.0m | $20.8m | $20.6m | |
| Total liabilities | $5.8b | $5.2b | $4.3b | $4.1b | $3.4b | $2.9b | $2.7b | $2.6b | |
| Preferred stock, $0.01 par value, 50,000,000 shares authorized, no shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Common stock, $0.01 par value per share Class A, 950,000,000 shares authorized, 128,627,246 and 129,685,185 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively | 1.3m | 1.3m | 1.3m | 1.3m | 1.3m | 1.3m | 1.3m | 1.3m | |
| Additional paid-in capital | $2.9b | $2.9b | $2.8b | $2.9b | $2.9b | $2.9b | $2.9b | $2.9b | |
| Accumulated deficit | ($193.3m) | ($819.7m) | ($1.2b) | ($1.4b) | ($1.5b) | ($1.6b) | ($1.8b) | ($1.9b) | |
| Accumulated other comprehensive loss | ($399k) | $28.3m | $54.6m | $8.8m | ($676k) | ($2.6m) | ($6.3m) | $0 | |
| Noncontrolling interests in investment entities | $72.7m | $31.6m | $253.2m | $1.5m | $1.3m | $1.1m | ($2.4m) | ($10.0m) | |
| Total liabilities and equity | $8.7b | $7.4b | $6.2b | $5.6b | $4.8b | $4.2b | $3.7b | $3.6b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.