BrightSpire Capital BRSP Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Net Income by Business | ||||||
| Corporate and Other | -$10.37M+7.4% | -$11.2M-21.4% | -$9.23M+9.0% | -$10.13M+11.4% | -$11.44M-43.0% | |
| Net Leased and Other Real Estate | -$1.12M+83.6% | -$6.81M-572% | -$1.01M+96.7% | -$31.09M-4,335% | -$701K+93.0% | |
| Senior and Mezzanine Loans and Preferred Equity | $14.61M+627% | $2.01M-77.5% | $8.94M-44.3% | $16.05M+1.3% | $15.85M+607% | |
| Property and other income by Business | ||||||
| Corporate and Other | $2.87M+284% | $748K-67.5% | $2.3M+52.7% | $1.51M-41.0% | $2.56M-15.5% | |
| Net Leased and Other Real Estate | $32.69M-1.4% | $33.16M+1.3% | $32.75M-8.4% | $35.75M+32.8% | $26.92M+3.0% | |
| Senior and Mezzanine Loans and Preferred Equity | $60K— | $0— | $0— | $0— | $0-100% | |
| Other loss, net by Business | ||||||
| Corporate and Other | $0— | $0— | $0-100% | $12K— | $0— | |
| Net Leased and Other Real Estate | -$4K— | —— | $538K+116% | -$3.43M-1,323% | -$241K-12,150% | |
| Senior and Mezzanine Loans and Preferred Equity | $0-100% | $1K— | $0-100% | $55K— | $0— | |
| Total Assets by Business | ||||||
| Corporate and Other | $102.54M+37.5% | $74.57M-36.6% | $117.58M-24.9% | $156.5M-22.9% | $202.95M-32.7% | |
| Net Leased and Other Real Estate | $816.16M+2.0% | $800.39M-5.2% | $844.12M-3.8% | $877.4M-5.3% | $926.3M+4.3% | |
| Senior and Mezzanine Loans and Preferred Equity | $2.73B+1.5% | $2.69B+14.8% | $2.34B-1.4% | $2.38B-1.9% | $2.42B-4.4% | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest by Business | ||||||
| Corporate and Other | -$10.27M+8.2% | -$11.2M-21.7% | -$9.2M+9.3% | -$10.13M+11.4% | -$11.44M-43.0% | |
| Net Leased and Other Real Estate | -$1.12M+83.6% | -$6.81M-441% | -$1.26M+97.6% | -$52.86M-11,726% | -$447K+95.4% | |
| Senior and Mezzanine Loans and Preferred Equity | $14.61M+624% | $2.02M-77.6% | $9.02M-44.2% | $16.16M+1.8% | $15.87M+617% | |
| Operating expense by Business | ||||||
| Corporate and Other | $3.11M+2.2% | $3.04M+6.0% | $2.87M-3.6% | $2.97M-7.5% | $3.21M+20.8% | |
| Net Leased and Other Real Estate | $1K-87.5% | $8K+700% | $1K0.0% | $1K— | $0-100% | |
| Senior and Mezzanine Loans and Preferred Equity | -$11K+57.7% | -$26K-189% | -$9K-550% | $2K— | $0— | |
| Interest Income by Business | ||||||
| Corporate and Other | $0— | $0— | $0-100% | $68K+1.5% | $67K-1.5% | |
| Net Leased and Other Real Estate | $0-100% | $1K— | $0-100% | $14K-50.0% | $28K— | |
| Senior and Mezzanine Loans and Preferred Equity | $49.52M+0.5% | $49.25M+0.7% | $48.89M+0.6% | $48.58M+1.2% | $47.99M-11.6% | |
| Transaction, investment and servicing expense by Business | ||||||
| Corporate and Other | $145K+72.6% | $84K-60.9% | $215K-1.4% | $218K+156% | $85K— | |
| Net Leased and Other Real Estate | $30K— | $0-100% | $23K+64.3% | $14K-61.1% | $36K+157% | |
| Senior and Mezzanine Loans and Preferred Equity | $657K+15.3% | $570K-7.5% | $616K+86.7% | $330K-35.0% | $508K+26.7% | |
| Property operating expense by Business | ||||||
| Corporate and Other | $0— | $0— | $0— | $0— | $0— | |
| Net Leased and Other Real Estate | $20.08M+2.3% | $19.62M-0.3% | $19.68M+18.2% | $16.65M+67.1% | $9.97M+11.9% | |
| Senior and Mezzanine Loans and Preferred Equity | $0— | $0— | $0— | $0— | $0— | |
| Income Tax Expense (Benefit) by Business | ||||||
| Corporate and Other | $93K— | $0-100% | $29K— | $0— | $0— | |
| Net Leased and Other Real Estate | $0— | $0+100% | -$244K+98.9% | -$21.77M-8,671% | $254K-19.1% | |
| Senior and Mezzanine Loans and Preferred Equity | $1K-88.9% | $9K-89.5% | $86K-18.9% | $106K+279% | $28K-49.1% | |
| Interest Expense, Operating by Business | ||||||
| Corporate and Other | $808K+60.0% | $505K+64.5% | $307K+1.0% | $304K+1.3% | $300K-2.3% | |
| Net Leased and Other Real Estate | $12K0.0% | $12K+9.1% | $11K-83.8% | $68K+1.5% | $67K-1.5% | |
| Senior and Mezzanine Loans and Preferred Equity | $32.57M+4.2% | $31.25M+0.7% | $31.05M-1.6% | $31.56M-0.9% | $31.84M-12.7% | |
| Interest expense on real estate by Business | ||||||
| Corporate and Other | $0— | $0— | $0— | $0— | $0— | |
| Net Leased and Other Real Estate | $5.09M-2.2% | $5.21M+0.7% | $5.17M-23.6% | $6.77M+3.0% | $6.57M-2.7% | |
| Senior and Mezzanine Loans and Preferred Equity | $0— | $0— | $0— | $0— | $0— | |
| Compensation and benefits (including $2,918 and $4,213 of equity-based compensation expense, respectively) by Business | ||||||
| Corporate and Other | $9.06M+9.3% | $8.29M+2.6% | $8.08M-1.4% | $8.19M-21.4% | $10.43M+28.7% | |
| Net Leased and Other Real Estate | $0— | $0— | $0— | $0— | $0— | |
| Senior and Mezzanine Loans and Preferred Equity | $0— | $0— | $0— | $0— | $0— | |
| D&A by Business | ||||||
| Corporate and Other | $33K0.0% | $33K0.0% | $33K+3.1% | $32K0.0% | $32K0.0% | |
| Net Leased and Other Real Estate | $8.59M+8.0% | $7.96M+11.2% | $7.16M-32.3% | $10.58M+0.5% | $10.52M-4.7% | |
| Senior and Mezzanine Loans and Preferred Equity | $0— | $0— | $0— | $0— | $0— | |
| Increase (decrease) of current expected credit loss reserve by Business | ||||||
| Corporate and Other | $0— | $0— | $0— | $0— | $0— | |
| Net Leased and Other Real Estate | $0— | $0— | $0— | $0— | $0— | |
| Senior and Mezzanine Loans and Preferred Equity | $1.75M-88.7% | $15.44M+87.9% | $8.22M+1,312% | $582K+348% | -$235K-101% | |
| Total income by geography by Geography | ||||||
| Norway | $0-100% | $1K— | $0-100% | $4.77M+0.9% | $4.73M+8.1% | |
| United States | $85.14M+2.4% | $83.16M-0.9% | $83.94M+3.4% | $81.16M+11.4% | $72.84M-7.9% | |
| Loan carrying value, nonaccrual by Geography | ||||||
| Baltimore, Maryland | $14.9M+1.4% | $14.7M0.0% | $14.7M0.0% | $14.7M0.0% | $14.7M+2.1% | |
| Denver, Colorado | $31.5M+43.2% | $22M-10.6% | $24.6M-37.4% | $39.3M-70.8% | $134.7M-1.0% | |
| Number of loans on nonaccrual status by Geography | ||||||
| Baltimore, Maryland | 10.0% | 10.0% | 10.0% | 1— | —— | |
| Denver, Colorado | 2+100% | 10.0% | 10.0% | 10.0% | 1-50.0% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does BrightSpire Capital break its business down?
- BrightSpire Capital (BRSP) reports net income by business across 3 parts — Corporate and Other, Net Leased and Other Real Estate and Senior and Mezzanine Loans and Preferred Equity. Each is extracted from the segment footnotes and tracked over time.
- Where does BrightSpire Capital's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in BrightSpire Capital's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
