BrightSpire Capital BRSP Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Net Income by Business | ||||||
| Corporate and Other | -$40.92M+2.5% | -$41.99M-8.2% | -$38.8M-1.6% | -$38.19M+0.5% | -$38.37M-5.6% | |
| Net Leased and Other Real Estate | -$40.04M-1.1% | -$39.62M+7.5% | -$42.82M-4.3% | -$41.05M+23.4% | -$53.62M+0.1% | |
| Senior and Mezzanine Loans and Preferred Equity | $41.61M-2.9% | $42.84M+13.6% | $37.71M-21.5% | $48.05M+178% | $17.28M+138% | |
| Property and other income by Business | ||||||
| Corporate and Other | $7.43M+4.5% | $7.11M-24.2% | $9.39M-3.9% | $9.77M-10.0% | $10.86M-3.8% | |
| Net Leased and Other Real Estate | $134.36M+4.5% | $128.59M+5.8% | $121.56M+6.0% | $114.7M+9.8% | $104.45M+1.8% | |
| Senior and Mezzanine Loans and Preferred Equity | $60K— | $0-100% | $2K0.0% | $2K0.0% | $2K-98.7% | |
| Other loss, net by Business | ||||||
| Corporate and Other | $12K0.0% | $12K0.0% | $12K0.0% | $12K— | $0— | |
| Senior and Mezzanine Loans and Preferred Equity | $56K0.0% | $56K+1.8% | $55K0.0% | $55K— | $0— | |
| Total Assets by Business | ||||||
| Corporate and Other | $451.19M-18.2% | $551.6M-29.2% | $778.71M-16.0% | $927M-4.9% | $974.65M-1.2% | |
| Net Leased and Other Real Estate | $3.34B-3.2% | $3.45B-2.5% | $3.54B-1.2% | $3.58B+0.3% | $3.57B+0.1% | |
| Senior and Mezzanine Loans and Preferred Equity | $10.14B+3.1% | $9.83B+1.6% | $9.67B-3.4% | $10.02B-3.2% | $10.35B-3.6% | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest by Business | ||||||
| Corporate and Other | -$40.8M+2.8% | -$41.96M-8.2% | -$38.77M-1.5% | -$38.19M+0.5% | -$38.37M-5.6% | |
| Net Leased and Other Real Estate | -$62.05M-1.1% | -$61.38M+4.5% | -$64.27M-3.6% | -$62.01M-17.8% | -$52.64M+0.1% | |
| Senior and Mezzanine Loans and Preferred Equity | $41.81M-2.9% | $43.07M+13.4% | $37.98M-21.3% | $48.24M+177% | $17.4M+138% | |
| Operating expense by Business | ||||||
| Corporate and Other | $11.98M-0.9% | $12.09M+3.2% | $11.71M-0.9% | $11.82M-0.3% | $11.85M+0.4% | |
| Net Leased and Other Real Estate | $11K+10.0% | $10K-68.8% | $32K-15.8% | $38K+2.7% | $37K-39.3% | |
| Senior and Mezzanine Loans and Preferred Equity | -$44K-33.3% | -$33K— | —— | —— | —— | |
| Interest Income by Business | ||||||
| Corporate and Other | $68K-49.6% | $135K-33.5% | $203K-25.4% | $272K+0.7% | $270K-0.7% | |
| Net Leased and Other Real Estate | $15K-65.1% | $43K— | —— | —— | —— | |
| Senior and Mezzanine Loans and Preferred Equity | $196.23M+0.8% | $194.71M-2.5% | $199.74M-4.9% | $210.02M-6.5% | $224.67M-8.0% | |
| Transaction, investment and servicing expense by Business | ||||||
| Corporate and Other | $662K+10.0% | $602K+16.2% | $518K+176% | $188K+755% | $22K-82.1% | |
| Net Leased and Other Real Estate | $67K-8.2% | $73K-16.1% | $87K+625% | $12K-14.3% | $14K-56.3% | |
| Senior and Mezzanine Loans and Preferred Equity | $2.17M+7.4% | $2.02M+9.1% | $1.86M+13.7% | $1.63M+0.4% | $1.62M+8.4% | |
| Property operating expense by Business | ||||||
| Corporate and Other | $0— | $0— | $0— | $0— | $0— | |
| Net Leased and Other Real Estate | $76.03M+15.3% | $65.91M+19.4% | $55.2M+25.6% | $43.95M+24.8% | $35.21M+3.9% | |
| Senior and Mezzanine Loans and Preferred Equity | $0— | $0— | $0— | $0— | $0— | |
| Income Tax Expense (Benefit) by Business | ||||||
| Corporate and Other | $122K+321% | $29K0.0% | $29K— | $0— | $0— | |
| Net Leased and Other Real Estate | -$22.01M-1.2% | -$21.76M-1.5% | -$21.45M-2.3% | -$20.96M-2,250% | $975K+1.4% | |
| Senior and Mezzanine Loans and Preferred Equity | $202K-11.8% | $229K-16.7% | $275K+45.5% | $189K+65.8% | $114K+17.5% | |
| Interest Expense, Operating by Business | ||||||
| Corporate and Other | $1.92M+35.9% | $1.42M+16.3% | $1.22M0.0% | $1.22M+0.1% | $1.22M-0.2% | |
| Net Leased and Other Real Estate | $103K-34.8% | $158K-26.2% | $214K-21.0% | $271K0.0% | $271K-0.4% | |
| Senior and Mezzanine Loans and Preferred Equity | $126.43M+0.6% | $125.7M-4.0% | $130.93M-5.4% | $138.37M-4.2% | $144.5M-5.2% | |
| Interest expense on real estate by Business | ||||||
| Corporate and Other | $0— | $0— | $0— | $0— | $0— | |
| Net Leased and Other Real Estate | $22.23M-6.2% | $23.71M-6.1% | $25.25M-5.9% | $26.83M+0.1% | $26.81M-0.8% | |
| 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 | $33.61M-3.9% | $34.99M+0.5% | $34.8M-0.3% | $34.92M-3.8% | $36.3M+4.8% | |
| 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 | $131K+0.8% | $130K+0.8% | $129K+12.2% | $115K-3.4% | $119K-4.0% | |
| Net Leased and Other Real Estate | $34.28M-5.3% | $36.21M-7.9% | $39.29M-6.9% | $42.21M+4.1% | $40.55M+0.4% | |
| 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 | $25.98M+8.3% | $24M-17.4% | $29.05M+33.0% | $21.83M-64.3% | $61.15M-55.0% | |
| Total income by geography by Geography | ||||||
| Norway | $4.77M-49.8% | $9.5M-31.5% | $13.87M-25.9% | $18.72M+1.7% | $18.42M-0.4% | |
| United States | $333.4M+3.8% | $321.09M+1.3% | $317.02M+0.2% | $316.39M-1.8% | $322.18M-5.3% | |
| Loan carrying value, nonaccrual by Geography | ||||||
| Baltimore, Maryland | $59M+0.3% | $58.8M+0.5% | $58.5M+2.8% | $56.9M+11.1% | $51.2M— | |
| Denver, Colorado | $117.4M-46.8% | $220.6M-34.1% | $334.6M-25.0% | $446M-17.8% | $542.7M+24.1% | |
| Number of loans on nonaccrual status by Geography | ||||||
| Baltimore, Maryland | 4— | —— | —— | —— | —— | |
| Denver, Colorado | 5+25.0% | 4-20.0% | 5-16.7% | 60.0% | 60.0% |
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.
