Franklin BSP Realty Trust, Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $56.2m $57.2m $82.3m $108.0m $117.6m $4.8m $9.7m $17.0m $22.8m $29.6m
Revenues:
Operating Expenses $22.5m $29.5m $37.4m $52.2m $49.2m $143.0m $77.5m $87.8m $86.4m $186.4m
Additional Financial Items
Income (Loss) from Equity Method Investments $0 $0 $3.6m
Operating Lease, Lease Income $600k $2.9m $17.9m $22.8m $29.6m
Amortization of Intangible Assets $2.9m
Debt and Equity Securities, Gain (Loss) $0 ($10.1m) ($1.4m)
Debt Securities, Trading, Gain (Loss) ($34.8m) ($119.2m) ($605k) $0 $0
Fair Value, Option, Changes in Fair Value, Gain (Loss) ($247k) $247k $0 $0
Gains (Losses) on Sales of Investment Real Estate $1.9m $9.8m $0
Income (Loss) Attributable to Parent, before Tax $34.0m $52.9m $88.4m $52.7m $29.3m
Lease Income $29.6m
Preferred Stock Dividends and Other Adjustments $0 $0 $3.6m $15.3m $14.9m $33.6m $41.7m $27.0m $27.0m $27.0m
Undistributed Earnings (Loss) Allocated to Participating Securities, Basic $1.7m $0 $0 $0 $1.2m $1.8m $2.1m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $30.0m $6.3m $8.0m $32.6m ($15.8m) $11.4m
Gain (Loss) on Derivative Instruments, Net, Pretax $555k $1.8m ($4.3m) ($12.5m) $484k $60.0m $998k ($1.3m) $873k
Net Income (Loss) Attributable to Parent $30.0m $33.8m $52.8m $83.9m $54.7m $25.7m $14.4m $145.2m $95.9m $82.3m
Net Income (Loss) Available to Common Stockholders, Basic $30.0m $33.8m $49.2m $66.9m $39.8m ($7.9m) ($27.3m) $117.1m $67.1m $53.2m
Net Income (Loss) Attributable to Noncontrolling Interest $0 $0 ($216k) ($706k) ($3.5m) $1.8m
Earnings Per Share, Basic $0.95 $1.06 $1.44 $1.60 $0.90 ($0.18) ($0.38) $1.42 $0.82 $0.65
Earnings Per Share, Diluted $0.95 $1.06 $1.44 $1.60 $0.90 ($0.18) ($0.38) $1.42 $0.82 $0.64
Common Stock, Dividends, Per Share, Declared $2.06 $1.80 $1.44 $1.44 $1.30 $1.26 $1.42 $1.42 $1.42 $1.42
Preferred Stock, Dividends Per Share, Declared $0.95 $1.06 $216.03 $430.88 $390.48 ($0.18) ($0.38) $1.42 $0.82 $0.65
Weighted Average Number of Shares Outstanding, Basic 31.7m 31.8m 34.3m 41.9m 44.4m 43.4m 71.6m 82.3m 81.8m 82.0m
Weighted Average Number of Shares Outstanding, Diluted 31.7m 31.8m 36.8m 41.9m 44.4m 43.4m 71.6m 82.3m 81.8m 86.2m
General and Administrative Expense $16.4m $13.1m $7.7m $12.9m $14.4m $9.7m $13.3m
Business Combination, Acquisition Related Costs $900k $696k $1.2m $1.4m $1.2m $996k $951k
Current Income Tax Expense (Benefit) $201k $80k $4.5m ($1.7m) $3.4m ($232k) $13k $1.5m $705k
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal $36.1m $33.7m $35.7m ($11.8m)
Interest Expense $23.2m $32.4m $70.0m $90.4m $66.6m $60.8m $165.7m $305.6m
Interest Expense, Debt $14.1m $17.0m $16.6m $11.6m $16.7m $38.2m
Labor and Related Expense $53.7m
Operating Lease, Expense $700k
Other General Expense $3.3m $3.9m $6.6m $11.1m $21.5m $45.9m
Income Tax Expense (Benefit) $0 $225k $79k $4.5m ($2.1m) $3.6m ($399k) ($2.8m) $1.1m $3.9m
Interest Income (Expense), Net $104.9m $113.3m $156.1m $192.0m $246.9m $187.6m $142.0m